Robotics & Automation News

Market trends and business perspectives

technological

Autonomous vehicle development will be stalled by technological and regulatory barriers, says report

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Autonomous vehicles are currently more hype than substance, given the significant technological, financial, and regulatory barriers to their widespread use, according to GlobalData.

In its latest report, Tech, Media, & Telecom Predictions 2022, the data and analytics company predicts that focus will shift onto “lower-level” autonomous vehicles that require greater human supervision, while mergers and acquisition activity will continue to be driven by transport technology such as robotaxis.

Amrit Dhami, thematic analyst at GlobalData, offers her view on these predictions. She says technological barriers will shift focus onto lower-level autonomous vehicles. [Read more…] about Autonomous vehicle development will be stalled by technological and regulatory barriers, says report

Warehouse robotics startup Hai Robotics raises $200 million in funding

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Hai Robotics, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics system, has secured two new continuous rounds of financing, generating more than $200 million in total.

The new money is to be invested in boosting Hai’s robot fleet with technological upgrades, expanding its global operation networks, optimizing its supply chain management and corporate structure as well as talent.

The C round funding was led by 5Y Capital with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital. [Read more…] about Warehouse robotics startup Hai Robotics raises $200 million in funding

What is Digital Transformation and What’s the Importance of it for Modern Businesses

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We were eventually going to fully rely on technology, it has been a long time coming, but the pandemic was the tipping point. It simply highlighted how essential technology is to keep a business afloat.

Nowadays, more and more businesses are trying to use software wherever possible, so they’d have more time and effort to advance. It’s the growing culture of digital transformation, and this is what you need to know about it. [Read more…] about What is Digital Transformation and What’s the Importance of it for Modern Businesses

Einride and Electrolux enter innovation partnership to electrify transport

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Autonomous and electric truck developer Einride and home appliance giant Electrolux have agreed a partnership to “electrify transport”.

Operations are planned to start in the second half of this year.

The companies say their partnership will save hundreds of tonnes of CO2 within the first three years, compared to diesel freight. It also signifies a crucial first step for two companies deeply invested in technological innovation and sustainability. [Read more…] about Einride and Electrolux enter innovation partnership to electrify transport

How Businesses Can Stay Up-to-Date with the Latest Technology

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Nowadays, technology evolves quickly. Progress and advances in technology are growing at a far faster rate than ever before. Intelligent new products are invented and developed continually. It can feel almost impossible to keep up with the latest innovations, as there are just so many of them being announced all of the time.

Generally, all these technological advancements have been great news for businesses. It is now easier than ever before for companies to engage with their target audience and market products directly to them using social media. App technology has also meant that businesses have a brand-new and hassle-free way to encourage customers to shop with them or use their services, and this provides more choice and convenience for the customer too.

Technology does not just make our lives easier, although it is incredibly convenient. It also represents significant opportunities for businesses. In general, most consumers embrace technology and see it as a positive tool to enhance their daily life. [Read more…] about How Businesses Can Stay Up-to-Date with the Latest Technology

New consortium to develop a common computing platform for autonomous vehicles

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A group of leading companies from the automotive and computing industries have formed collaborative effort toward making fully self-driving vehicles a reality.

The new Autonomous Vehicle Computing Consortium (AVCC), officially launched recently at Arm TechCon in San Jose, brings together industry leaders from automotive, automotive supply, semiconductor and computing to serve as the leading organization for autonomous computing expertise.

Together with the consortium’s growing membership, the initial AVCC members Arm, Bosch, Continental, Denso, General Motors, Nvidia, NXP Semiconductors and Toyota will collaborate to help solve some of the most significant challenges to deploy self-driving vehicles at scale. [Read more…] about New consortium to develop a common computing platform for autonomous vehicles

JTEKT partners with Plug and Play to invest in startups

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Automotive components and systems maker JTEKT is partnering with Plug and Play, an innovation platform, to work on supporting and nurturing start-ups together.

The two companies have signed a partnership agreement aimed at technological innovation and new business creation in new areas. [Read more…] about JTEKT partners with Plug and Play to invest in startups

Adena to invest $70m in orthopaedic and robotics centre

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Adena Health System is to construct a five-story Orthopedic and Robotics Center on the campus of Adena Regional Medical Center (ARMC), located in Chillicothe, Ohio, USA.

The  $70-million investment will include at least six operating rooms to meet the specific technological and space needs for current and future orthopaedic and robot-assisted surgeries.

Construction is expected to begin later this year, with the new centre opening in 2021.

Komatsu develops electric mini excavator

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Komatsu Ltd has unveiled its electric mini excavator, based on its accumulated technological expertise of hybrid construction equipment and electric forklift trucks.

Equipped with an in-house developed new charger, high-voltage converter and other devices, it offers excavation performance on a par with the internal combustion model of the same power output, while achieving zero exhaust gas emissions and a dynamic reduction in noise levels.

Komatsu expects a wider range of applications for this machine, including construction work near hospitals or schools or in residential areas, where contractors pay special attention to exhaust gas and noise during work, as well as inside tunnels or buildings.

[Read more…] about Komatsu develops electric mini excavator

Samsung Electronics to invest $115 billion in logic chip businesses by 2030

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Samsung Electronics, a world leader in advanced semiconductor technology, will invest KRW 133 trillion (US$115 billion) by 2030 to strengthen its competitiveness in System LSI and Foundry businesses.

The investment plan is expected to help the company to reach its goal of becoming the world leader in not only memory semiconductors but also logic chips by 2030.

The company also plans to create 15,000 jobs in R&D and production to bolster its technological prowess.

[Read more…] about Samsung Electronics to invest $115 billion in logic chip businesses by 2030