Robotics & Automation News

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The technological advancements leveraged by Ukraine  

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Ukraine is seen as one of the few countries that have been able to withstand the test of time and all the attacks that Russia had in store for it.

Now, it all came out of nowhere for Ukraine, and the overall destruction level also got significantly higher with the scenario. https://bwcevent.com/ is your ultimate aid when it comes to doing crypto trading, and we have certain expectations from this platform as it already has proved its worth in the most significant way.

Therefore, we can say that you can rely on this platform to ensure a long survival in this scenario without many complications down the line. [Read more…] about The technological advancements leveraged by Ukraine  

Bosch makes $250 million available for startups

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Despite the challenging business environment, the Bosch Group is raising its venture-capital funding for the current business year: its subsidiary Robert Bosch Venture Capital (RBVC) is setting up a new fund for startups; the fund has a volume of 250 million euros (approximately $250 million).

As a provider of venture capital, Bosch supports startups around the world whose technologies have the potential to improve quality of life and conserve natural resources.

“Our investments in startups promote technological progress in business and society,” says Dr Stefan Hartung, chairman of the board of management of Robert Bosch. “And we ourselves also benefit from this collaboration, since solutions to ever more complex tasks can frequently be found faster, more efficiently, and better in partnership with others.” [Read more…] about Bosch makes $250 million available for startups

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.