Robotics & Automation News

Market trends and business perspectives

risk

Half of American jobs at risk of automation, says new report

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industrial robot painting

About half of all jobs in America could be replaced by robotics and automation systems, according to a news story on CNBC.com. 

And as pointed out by CNBC.com, approximately one in four American jobs are at risk of being shipped overseas, which puts three-quarters of all jobs in the US at risk of disappearing or at least changing.

The study the story was based on is How Vulnerable are American Communities to Automation, which was conducted by Ball State University’s Center for Business and Economic Research.

Connected devices, industrial control systems expose manufacturers to cyber threats, say Deloitte and Mapi

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Intellectual property theft tops manufacturers’ concerns, says new report, which identifies measures to control cyber risks associated with advanced manufacturing

Nearly half of surveyed manufacturing executives lack confidence their assets are protected from external threats, according to a new study from Deloitte and the Manufacturers Alliance for Productivity and Innovation (Mapi) on Cyber risk in advanced manufacturing. 

Study results indicate nearly 40 percent of surveyed manufacturing companies were affected by cyber incidents in the past 12 months, and 38 percent of those impacted indicated cyber breaches resulted in damages in excess of $1 million.

Trina Huelsman, vice chairman, Deloitte & Touche and US industrial products and services leader, says: “Manufacturers are innovating at an unprecedented rate, integrating cutting-edge technologies in products, automating the shop floor, connecting supply chains, and increasingly investing in valuable intellectual property.  [Read more…] about Connected devices, industrial control systems expose manufacturers to cyber threats, say Deloitte and Mapi

Industrial Internet Consortium agrees security framework for robotics and automation systems connectivity

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iiot robots factory

Industry association says new standard is a comprehensive approach to protect the industrial internet

The Industrial Internet Consortium, the public-private organization formed to accelerate adoption of the industrial internet of things, has published its Industrial Internet Security Framework, a common security framework that addresses security issues in IIoT systems.

The organizations says IISF emphasizes the importance of five IIoT characteristics – safety, reliability, resilience, security and privacy – that help define “trustworthiness” in IIoT systems. The IISF also defines risk, assessments, threats, metrics and performance indicators to help business managers protect their organizations.

IIoT security cannot be considered in isolation, says IIC. It comprises a complex set of industrial processes and applications as well as significant safety and reliability requirements.  [Read more…] about Industrial Internet Consortium agrees security framework for robotics and automation systems connectivity

Skies full of drones bring many new risks, Allianz warns

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Picture via ecnmag.com

Insurance and financial services giant Allianz is warning that exponential growth in the number of drones in the sky carries a wide range of risks 

Whether used commercially for industrial inspections, aerial photography, border patrol, emergency deliveries and crop surveys or recreationally by millions, drones or unmanned aircraft systems (UAS) have the potential to become a multi-billion dollar business and deliver problem-solving technologies across numerous industries.

However, more drones in the skies also raise a number of new safety concerns, ranging from collisions and crashes to cyber-attacks and terrorism.

To ensure safe UAS operations, systematic registration of unmanned aircraft and robust education and training of operators is necessary, according to a new report from aviation insurer Allianz Global Corporate & Specialty (AGCS): Rise of the Drones: Managing the Unique Risks Associated with Unmanned Aircraft Systems.  [Read more…] about Skies full of drones bring many new risks, Allianz warns

Survey suggests most drivers want telematics insurance

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telematics inforgraphic

New study suggests majority of people favour personalised insurance premiums based on telematics data

Many people believe autonomous cars will have fewer accidents than human drivers. But that’s just a prediction, and driverless cars may not be allowed on the roads for decades, so no one can know for sure at the moment. 

But even now, with all the advanced driver assistance systems – which is basically autonomous car technology – in today’s cars, human drivers are becoming safer.

However, those who drive safely are not always rewarded through lower insurance premiums, as they are calculated based on the behaviour of all drivers, good or bad.  [Read more…] about Survey suggests most drivers want telematics insurance

Jobs for the robots: One in four human workers to be automated

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kuka collaborative robot
Yeah, you can call it a collaborative robot for now, and work with it, but pretty soon it will put you out of your job

One quarter of business services jobs at risk of automation in the next 20 years, according to Deloitte business analysts

More than a quarter of jobs in the business services sector are at high risk of automation in the next 20 years, according to a report by Deloitte, the business advisory firm. This is largely a result of the falling cost of technology combined with the rising cost of labour.

Of the 3,300,000 jobs currently classed as business services, 800,000 (25 per cent) to 1 million (31 per cent) have a high chance of being automated.  [Read more…] about Jobs for the robots: One in four human workers to be automated

Robots threaten 42 per cent of Canadian jobs, says report

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theverge robot
Possibly the most dishevelled robot we’ve ever seen… not sure how he/she got a job. Is that contraption even a robot? Picture: TheVerge.com

Brookfield Institute for Innovation + Entrepreneurship releases most comprehensive report to date assessing how automation will impact future employment in Canada

Automation is transforming traditional occupations, changing the day-to-day tasks of Canadians, and potentially creating new jobs, states new research from the Brookfield Institute for Innovation + Entrepreneurship (BII+E) at Ryerson University.

The report, released this week, entitled The Talented Mr Robot: The Impact of Automation on Canada’s Workforce analyzes automation and how it will directly affect the Canadian labour market over the next 10 to 20 years.

The report indicates that nearly 42 per cent of the Canadian labour force is at a high risk of being affected by automation – the replacement of workers by technology and computerization – in the future.  [Read more…] about Robots threaten 42 per cent of Canadian jobs, says report

The IoT brings industry revolution and risk at the same time

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Industrial control systems could become more vulnerable to cyberattack as they become more connected through the industrial internet of things
Industrial control systems could become more vulnerable to cyberattack as they become more connected through the industrial internet of things

The internet of things is enabling industry to connect individual robotic and automated work cells with other similar cells to create multicellular organisms within what could now be referred to as “smart factories”, particularly as the factory building itself can be connected to those multicellular organisms operating within its walls. 

Not only that, those smart factories can themselves be connected to other smart factories within the body of the industrial company’s entire estate, which itself is all wired up to what could be called a central nervous system.

Yes, industrial control systems are going through an evolutionary phase the like of which has never been seen before in industry, all brought about by the IoT.  [Read more…] about The IoT brings industry revolution and risk at the same time