Robotics & Automation News

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Yaskawa takes center stage at Africa Automation Technology Fair

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As one of the largest manufacturers of industrial robots, Yaskawa Southern Africa took part in this year’s Africa Automation Technology Fair (AATF), where various experts in the manufacturing industry gathered to exchange valuable industry expertise to increase investment prospects in the African continent’s manufacturing sector. The event, which celebrated its 25th year, centred around the theme of “For Africa from Africa”.

The AATF promotes and is passionate about furthering Africa’s transformation and promoting the development and growth of the continent’s automation industry.

Yaskawa Southern Africa was one of 150 exhibitors on display at the event, which took place from 9th to 11th May 2023, and showcased its collaborative robotic welding solution, Weld4me. This transformative piece of automated equipment presents an alternative or support to manual MIG/MAG welding with air-cooled welding equipment. [Read more…] about Yaskawa takes center stage at Africa Automation Technology Fair

Internet of robotic things market is likely to surpass $210 billion

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The Internet of Robotic Things (IoRT) market is likely to surpass $210 billion amid demand for automation in the manufacturing and service sector, according to Future Market Insights.

The IoRT market revenue was estimated at $21.4 billion in 2022 and is anticipated to grow at a compound annual growth rate of 25.6 percent from 2022 to 2032.

By the end of 2032, the IoRT market is expected to reach a valuation of $210 billion. The service sector segment will dominate the market at a projected CAGR of 25.4 percent from 2022 to 2032. [Read more…] about Internet of robotic things market is likely to surpass $210 billion

Industrial robot components market set for higher growth over next decade

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The global industrial robot components market is expected to be valued at $6.3 billion in 2023 and it is anticipated to grow at a compound annual growth rate of 13.9 percent to reach $23.2 billion by the end of 2033.

Over the 2018-2022 historical period, the global industrial robot component market registered a compound annual growth rate of 12.5 percent, according to Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 13.9 percent compound annual growth rate between 2023 and 2033.

Market share analysis of industrial robot components based on application and region is provided in a nutshell in the above image. Under the application segment, the robot arm/manipulator sub-segment dominates with a 29.1 percent market share in 2023. [Read more…] about Industrial robot components market set for higher growth over next decade

Benefits of cryptocurrency mingling with the real estate sector

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The virtual currencies are the best way to invest in real estate. They allow you to have more control over your investment and make it more transparent for other investors to see.

The real estate industry is one of the most profitable industries in 2018. The growth it has seen over the past few years has been incredible, and there is no sign of it slowing down soon.

Virtual currencies are highly scalable and transparent, which means that they can help an investor manage their money better without having to worry about how their investment is doing or how it will perform in the future. [Read more…] about Benefits of cryptocurrency mingling with the real estate sector

Is Robotic Process Automation Beneficial to the Telecom Sector?

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The adoption and utilization of various telecom are on the rise, primarily driven by cutting-edge computing, 5G technology, and the Internet of Things.

While the increase in demand presents perfect opportunities for telecom service providers to generate revenue, it comes with substantial challenges burdening telecom players.

With more users sending large chunks of data from different networks, service providers have realized that handling even basic functions, such as order fulfillment and customer support, is becoming increasingly challenging. [Read more…] about Is Robotic Process Automation Beneficial to the Telecom Sector?

7 Roles of Artificial Intelligence in the Defence Sector

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Artificial Intelligence has managed to infiltrate many industries and sectors, including the defence sector and different military operations.

Artificial Intelligence is used by almost all nations for managing the defence sector and military operations.

Currently, a huge investment is made in this niche to further strengthen the defence sector of any country.

Here are seven roles of artificial intelligence in the defence sector. [Read more…] about 7 Roles of Artificial Intelligence in the Defence Sector

How is Artificial Intelligence Revolutionizing the Educational Sector?

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Technological advancement is helping many sectors and industries and this is also helpful in the educational sector too.

The role of technological advancement especially in the form of Artificial Intelligence in the educational sector was realized very strongly during the Covid-19 pandemic when the students were forced to engage in remote learning.

Even though the pandemic has subsided, remote learning and remote working are still relevant and as a result, hybrid education is something that has become a trend. [Read more…] about How is Artificial Intelligence Revolutionizing the Educational Sector?

4 Threats Tech Companies are Facing in 2022

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Operating a business in today’s digital world brings more threats than ever. Globalization and the internet have increased profitability, but have also brought more risks.

For the technology sector, the threats are even more evident. This article will explore four major threats tech companies are facing in 2022. [Read more…] about 4 Threats Tech Companies are Facing in 2022

Companies and Climate Change: The Interrelation

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Globalization has brought in a drastic shift in the preferences, choices, and tastes of the people. With a vast range of options available in almost every sector of society, people have an option to pick and choose according to their convenience.

However, amidst all these progressions and advancements, it is imperative to remember that all the goods and resources that we use in our daily lives are a product of different manufacturing industries.

Since the demands and expectations from the market have grown, industry and company owners have also equipped themselves with high functioning and reliable technologies that produce optimum results in a minimum span of time. On the other hand, our world is being extremely ignorant of a looming threat that will eventually affect our ecosystem in more ways than one. [Read more…] about Companies and Climate Change: The Interrelation

Automatica event right back on track, say organisers

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Organisers of Automatica, one of the world’s largest industrial robotics and automation trade shows, say the event is “right back on track” after a terrible pandemic which virtually destroyed the entire events sector.

In a press release, Automatica organisers say: “The indicators for automatica 2022, which will be held at the Munich exhibition grounds from June 21 to 24, are very positive. All industry leaders have already applied half a year before the event.”

Companies such as ABB, Denso, Doosan Robotics, Epson, Fanuc, Hanwha, igus, Kawasaki, Kuka, Omron, Stäubli, Universal Robots, Yamaha, and Yaskawa will represent the robotics sector. [Read more…] about Automatica event right back on track, say organisers