Robotics & Automation News

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Accelerating Revenue Growth through A/B Testing for Paywalls

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The digital world is ever-evolving, and publishers are always on the lookout for ways to maximize revenue. Paywalls have become a sought-after solution, as they lock away premium content behind a payment barrier.

Yet, rushing into implementing paywalls without careful testing can result in missed chances and financial setbacks. This is where A/B testing enters the scene. You can learn more on the Adapty website.

By conducting A/B tests, publishers gain the freedom to experiment with various paywall setups and pricing models, allowing them to make informed choices rooted in data that will pave the way for greater revenue growth. [Read more…] about Accelerating Revenue Growth through A/B Testing for Paywalls

Supply chain robotics company Symbotic reports $12 billion in orders

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Symbotic, a provider of AI-enabled robotics technology for the supply chain, has released financial results for its first fiscal quarter ended December 24, 2022.

Symbotic posted revenue of $206.3 million, a net loss of $68.0 million and an adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) loss of $16.3 million for the first quarter of fiscal 2023.

In the same quarter of fiscal 2022, Symbotic had revenue of $77.1 million, a net loss of $23.1 million and an adjusted EBITDA loss of $21.3 million. [Read more…] about Supply chain robotics company Symbotic reports $12 billion in orders

Universal Robots reports record annual revenue of $326 million

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Universal Robots, the Danish collaborative robot company, has reported Q4 revenue of $85 million, bringing 2022 annual revenue to $326 million, up 5 percent on 2021.

On a constant currency basis, growth over the year was 12 percent.

Kim Andreasen, Universal Robots’ chief financial officer, says: “We are proud to have continued to grow our business despite facing a difficult macroeconomic environment in 2022. [Read more…] about Universal Robots reports record annual revenue of $326 million

Why it’s Time to Bring Automation Tools in to Assist Your Work Communication and Revenue Streams

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Automation tools and software have moved on hugely over the last year. Whereas, until recently, they’d been generally viewed warily as elements that could depersonalize a business’s processes and create a disconnect with clients, now, they’re smart, intuitive, AI-enriched solutions that can be used to enhance every aspect of the customer experience and boost revenue.

On top of this, the latest array of automation tools can help your workforce communicate better, both within teams, departments, and enterprise-wide, upping productivity and helping your business to run as slickly and cost-effectively as possible.

The coming year is the perfect time to bring automation tools on board your organization – you may be surprised by the positive impact they’ll have on your systems, workflow, and – crucially – your business’s bottom line. [Read more…] about Why it’s Time to Bring Automation Tools in to Assist Your Work Communication and Revenue Streams

Robot sales reach record high in North America for third consecutive quarter

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For the third-straight quarter, robot sales in North America hit a record high, driven by a resurgence in sales to automotive companies and an ongoing need to manage increasing demand to automate logistics for e-commerce.

According to the Association for Advancing Automation (A3), of the 12,305 robots sold in Q2 2022, 59 percent of the orders came from the automotive industry with the remaining orders from non-automotive companies largely in the food and consumer goods industry, which saw a 13 percent increase in unit orders over the same period, April through June, in 2021.

Jeff Burnstein, A3 President, says: “While automotive entities have long been the frontrunner in deploying robotics and automation, the last few years have seen food & consumer goods, life sciences and other industries grow at even higher rates. [Read more…] about Robot sales reach record high in North America for third consecutive quarter

Universal Robots reports revenue of $83 million in Q2

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Universal Robots, the Danish collaborative robot maker, has reported Q2 revenue of $83 million, describing it as “robust growth” for the company.

Kim Povlsen, president of Universal Robots, says: “In headline terms, second quarter revenue is up 8 percent on the same period last year but in local Danish currency the company has seen growth of 22 percent for Q2.”

Povlsen adds that, measured this way, Universal Robots has seen growth of 30 percent across the first two quarters of 2022 compared to the first half of 2021. [Read more…] about Universal Robots reports revenue of $83 million in Q2

Universal Robots records best ever Q1 results

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Universal Robots, the Danish producer of collaborative robots, has reported record Q1 revenue of $85 million, 30 percent up on its 2021 Q1 revenue.

The company’s chief financial officer, Kim Nørgaard Andreasen said: “Reporting record Q1 revenue at a time when businesses across the world are facing disruption from the pandemic, supply chain challenges and conflict is a testament to the role collaborative automation can play in helping our customers stay competitive.

“In addition to record revenue, we have been pleased this quarter to welcome 80 new employees to our rapidly growing company.” [Read more…] about Universal Robots records best ever Q1 results

Worldwide silicon wafer shipments and revenue ‘set new records in 2021’

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Worldwide silicon wafer shipments and revenue “set new records in 2021”, according to a new report by semiconductor manufacturing industry association SEMI. 

SEMI says that worldwide silicon wafer area shipments in 2021 increased 14 percent while wafer revenue rose 13 percent compared to 2020, topping $12 billion, to reach new “all-time highs”.

The study was produced by the SEMI Silicon Manufacturers Group as part of its year-end analysis of the silicon wafer industry. [Read more…] about Worldwide silicon wafer shipments and revenue ‘set new records in 2021’

Universal Robots reports record revenue of $311 million

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Universal Robots, the Danish producer of collaborative robots, has reported record annual revenue of $311 million, 41 percent up on 2020 and 23 percent up on pre-pandemic results in 2019.

Kim Povlsen, the company’s president, says: “Universal Robots has had a great year. In a company like ours, which manufactures sophisticated hardware to high quality standards, this sort of growth requires tremendous commitment from all involved.

“Our production team in Denmark has broken internal records for the number of cobots built, producing 400 cobots in a single week in Q4. Our supply chain experts have worked hard to keep our business running smoothly despite global supply challenges.” [Read more…] about Universal Robots reports record revenue of $311 million

Universal Robots’ latest results are ‘a strong indication of growth to come’, says president

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Collaborative industrial robot maker Universal Robots’ latest results are “a strong indication” of future growth, says its president, Kim Poylsen.

Universal Robots, which has just released its Q3 results for 2021, has reported record quarterly revenue of $78 million, up 46 percent on last year’s Q3 revenue and 31 percent up from its pre-pandemic Q3 revenue of 2019.

Since creating the world’s first commercially viable collaborative robot in 2008, the Danish company has gone on to sell over 50,000 of its ‘cobots’ for use across a range of industrial uses, primarily in the manufacturing sector. [Read more…] about Universal Robots’ latest results are ‘a strong indication of growth to come’, says president