Robotics & Automation News

Market trends and business perspectives

robotics as a service

Plus Automation wins its first robotics-as-a-service contract

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Logistics and supply chain technology startup Plus Automation has won its first robotics-as-a-service contract with Jun Co, a Japanese company with diversified interests including fashion, food and fitness products. 

The company was jointly established in June 2019 and is 60 per cent owned by Mitsui, a Japanese conglomerate, and GLP Japan, said to be the largest Japanese logistics company but also has real estate and other interests.

The contract between Plus and Jun consists of a standard annual subscription together with the option to add robots when cargo volumes increase, making it “a highly convenient service package”, says Plus. [Read more…] about Plus Automation wins its first robotics-as-a-service contract

Geek+ smart warehouses break Single’s Day record with 8 million orders delivered in 72 hours

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Geek+ says it implemented and completed large-scale scheduling of more than 4,000 robots in its smart warehouses during this year’s 11.11 Singles’ Day shopping festival.

China’s largest smart warehouse network processed a record 8 million orders in 72 hours.

Geek+ says “the successful deployment is a fantastic validation of the strength of the robotics-as-a-service business model” and the flexibility and efficiency of smart warehouses during periods of peak orders, including the ultimate challenge of the world’s largest shopping festival. [Read more…] about Geek+ smart warehouses break Single’s Day record with 8 million orders delivered in 72 hours

Cobalt Robotics raises $35 million Series B funding with Coatue

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Cobalt Robotics has raised $35 million in its Series B funding round, led by Coatue.

The company says the investment round will enable it to expand its security robots-as-a-service throughout the US.

Cobalt Robotics is a physical security service provider that builds indoor autonomous robots to make security and facility operations more effective. [Read more…] about Cobalt Robotics raises $35 million Series B funding with Coatue

Huawei and Festo link up for smart manufacturing and robotics as a service based on 5G slicing

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Huawei has partnered with Festo to jointly explore the 5G network application of manufacturing and to promote the digital transformation of the manufacturing industry with 5G slicing technology.

5G slicing refers to the practice of segmenting a portion of the 5G network for a specific client or requirement – it’s like what cloud computing is to the internet.

The agreement between Huawei and Festo is based on 5G cloud robotics to test the “robot as a service” concept, or RaaS, which is part of the manufacturing digital transformation that supports the shift from mass production to mass customizing and offers value-based services in smart factories.  [Read more…] about Huawei and Festo link up for smart manufacturing and robotics as a service based on 5G slicing