Robotics & Automation News

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The Benefits of Robotic Automation in Offshore Operations

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With the level of workplace hazards in the offshore industry, it’s only reasonable to optimize areas that pose a huge risk to OGE workers. OSHA estimates that from 2015 to 2022 alone, over 2,101 offshore workers were severely injured due to work-related procedures.

These procedures usually involve working under challenging conditions, such as extreme weather, limited accessibility, and hazardous environments, which can pose a massive threat to OGE employees’ health and physical well-being.

And let’s not leave out the consequences for maritime companies. According to The Chopin Law Firm LLC, a group of renowned offshore injury lawyers, companies face staggering costs from workplace accidents, including medical expenses, legal fees, and compensatory damages that can run into millions of dollars while still suffering high operational inefficiencies. [Read more…] about The Benefits of Robotic Automation in Offshore Operations

Scrut Automation raises $10 million in growth capital

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Governance, risk, and compliance (GRC) platform Scrut Automation has raised $10 million in growth capital from existing investors Lightspeed , MassMutual Ventures and Endiya Partners.

The Scrut Automation team will use the funding to enhance their platform capabilities, incorporate generative AI use cases to reduce the manual effort for risk and compliance teams and expand to North American and European markets.

With this round, the company has now raised $20.5 million in total venture funding since its inception in 2021. [Read more…] about Scrut Automation raises $10 million in growth capital

Optimizing Pricing and Mitigating Risks through Advanced Water Modeling

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In today’s rapidly changing world, water has become an increasingly valuable resource, essential for sustaining life, supporting economic activities, and preserving the environment.

However, managing water effectively requires a delicate balance between ensuring equitable access, promoting sustainability, and mitigating risks associated with uncertainties and challenges.

This guest post explores how advanced water modeling techniques can optimize pricing strategies and mitigate risks, ultimately enhancing water management practices and fostering long-term sustainability. [Read more…] about Optimizing Pricing and Mitigating Risks through Advanced Water Modeling

The Rise of Automation in Manufacturing

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Manufacturing operations across the globe have experienced a great deal of turbulence in recent years.

From disruptions to production lines and supply chains brought about by both the pandemic and geopolitical disturbances, to an increased focus on sustainable practices intended to reduce energy consumption and make more appropriate use of finite resources.

In an effort to address these pressures, organizations around the world are working to find actionable ways to improve productivity without incurring avoidable expenses. [Read more…] about The Rise of Automation in Manufacturing

Elevating Business Productivity: How to Achieve More for Less

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Boosting productivity is an effective way for businesses to achieve more for less.

At a time when costs are rising, and competition for clients and customers is fierce, it’s hugely beneficial for company owners and leaders to look for ways to optimize output and elevate performance levels.

In this guide, we’ll outline some effective strategies to increase productivity. [Read more…] about Elevating Business Productivity: How to Achieve More for Less

XTEND acquires drone inspection specialist Performance Rotors

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XTEND, the developer of XOS, a human-guided autonomous operating system, or human-machine interaction system, has acquired Performance Rotors, a Singapore-based drone inspection specialist.

XTEND says the move will boost its ability to offer human-guided, remote interactive operations in a range of inspection scenarios, and grow its global business. Financial terms of the transaction were not disclosed.

Aviv Shapira, co-founder, and CEO at XTEND, says: “Our acquisition of Performance Rotors marks the latest step in furthering XTEND’s vision of making remote interactive operations accessible to everyone, in a range of scenarios, including inspection, public safety and security. [Read more…] about XTEND acquires drone inspection specialist Performance Rotors

Security robots ‘deter crime and minimize risk’, says Knightscope

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The concept of automated policing began as a science fiction concept years ago, but today it is “real and impactful”, according to security robotics specialist Knightscope.

The sophistication of robot-powered security is even more interesting than sci-fi to Stacy Stephens, the co-founder and chief client officer of Knightscope.

Launched in 2013, the Mountain View, California, public safety technology services company was the first in the world to deploy mobile, fully autonomous security robots (ASRs) in public spaces such as malls, parking lots and neighborhood parks. [Read more…] about Security robots ‘deter crime and minimize risk’, says Knightscope

How Does Cyber Technology Affect Security?

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Cyber technology is the foundation of the present day’s digital society. It is what we require for automated vehicles, online meetings, the IoT, and all the other things that change how we live.

However, it also puts a lot of pressure on our data’s security and the internet’s dependability. Just as when you face an issue with your network, you instantly wonder what’s the Summer service number to Spectrum.

Likewise, when you come across technical issues like data breaches, you immediately think of getting in touch with cybersecurity teams for quick resolutions of the problems. [Read more…] about How Does Cyber Technology Affect Security?

Ethics and robotics: A match made in heaven for risk management?

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By Lee Bristow, CTO of Phinity

If your business uses third parties to support core operations (and most do, from SMEs to corporates), you’ll know they need to access essential data. Without this, they can’t deliver the services you require.

Therefore, alongside this new relationship between you and your third party suppliers, comes a new responsibility for you.

You now have an ethical and legal onus to protect the customer information entrusted to you. [Read more…] about Ethics and robotics: A match made in heaven for risk management?

How a SASE platform can revolutionize cyber security needs

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In a digital age, the biggest threat that most people encounter is that of cyber criminals trying to harvest, steal, or otherwise obtain their personal data.

From payment details to log in credentials, individuals and organizations are all at risk from those that want to hack into private accounts, but there are also plenty of solutions that make it difficult for them to succeed. [Read more…] about How a SASE platform can revolutionize cyber security needs