Robotics & Automation News

Market trends and business perspectives

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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

Logistics robots market set to grow more than 30 per cent in the next four years, says study

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aethon logistics robot

The market for logistics robots is set to grow by more than 30 per cent by the end of this decade, according to a report by Big Market Research.

The analysts listed the prominent global logistics robots market players, business environment and industry scenario.

The most noteworthy factors assessed during the study includes market overview and top vendor offerings in the sector for 2016-2020.

“As the robotic sector experiences more competition than ever and new enterprises keep popping up worldwide, the report captures some key drivers, restraints as well as opportunities shaping the industry’s future,” the authors of the report.  [Read more…] about Logistics robots market set to grow more than 30 per cent in the next four years, says study

Cisco Jasper publishes study on industrial internet of things

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cisco jasper iiot study

Cisco Jasper has conducted a study based on usage data of more than 3,500 enterprise customers on its IoT service platform to determine the Total Cost of Ownership (TCO) of IoT both before and after implementing an IoT service platform.

The company has released the results of its TCO for Industrial IoT report, focused specifically on the data from industrial enterprises using its platform.

Cisco Jasper’s blog post on the results says: “You can’t truly calculate ROI until you understand the comprehensive cost of ownership of delivering an IIoT service.”