Robotics & Automation News

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Benefits of Hiring an Offshore Development Team

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The use of offshore development teams began back in the late eighties. The companies that use them today have seen tremendous success. The ones that have not switched over need to catch up with the times.

Professionals from around the world all agree that new startups need to take the time to find an offshore development team to help them gain traction, and to ensure that they make a profit quickly.

Fortunly has found that 54 percent of all companies use offshore teams, and out of those 78 percent of them feel that it has had a positive impact on them. [Read more…] about Benefits of Hiring an Offshore Development Team

ABB claims 20 percent share of $14 billion distributed control systems market

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ABB claims it has “global market leadership” in the distributed control systems market, and that this claim has been confirmed “for 22nd consecutive year”. The industrial giant is making the claim after a report by the ARC Advisory Group.

ARC’s report calculates that ABB’s Distributed Control Systems (DCS) maintained a “leading share” of around 20 percent in 2020 in a market worth more than $14 billion .

During 2020, ABB saw growth across key regions, despite the impact of the pandemic on the DCS market across industry. [Read more…] about ABB claims 20 percent share of $14 billion distributed control systems market

Advanced Driver Assistance Systems predicted to grow to $63 billion by 2024

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The global market for Advanced Driver Assistance Systems (ADAS) is projected to be valued $63 billion by 2024, according to a report by Accurize Market Research. 

The sector is expected to see a compound annual growth rate of 10.7 percent from 2017 to 2025.

Advanced driver assistance systems, or ADAS, are systems developed to automate, adapt, and enhance vehicle systems for safety and improved driving to assist the driver in the driving procedure. [Read more…] about Advanced Driver Assistance Systems predicted to grow to $63 billion by 2024

Supply chain automation startup Symbotic valued at $5.5 billion

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Symbotic, a robotics and automation technology platform for the supply chain, and SVF Investment Corp 3, a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers, have agreed a definitive merger agreement expected to make Symbotic a public company listed on Nasdaq.

Upon completion of the merger, which is expected in the first half of 2022, the combined company will operate under the “Symbotic Inc” name and will trade on Nasdaq under the ticker symbol “SYM”.

Symbotic is a product movement technology platform that is adaptable to a wide range of use cases. The company says it has “rebuilt the traditional warehouse”, using a fleet of autonomous robots with artificial intelligence-enabled software, to create a “first of its kind” physical structure that can power a customer’s entire supply chain technology platform. [Read more…] about Supply chain automation startup Symbotic valued at $5.5 billion

Tennant’s robotic cleaning machines give Glad Group a winning edge

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Building services contractors are strengthening their cleaning capabilities in the retail sector, among others, with ever-improving robotics technology.

At a time when hygiene, efficiency and the smart use of labour have never been more important in the building services space, the case for robotic cleaning machines is clear.

Robotic floor scrubbers, in particular, are increasingly in demand. Widely used in American retail chains such as Walmart, there is growing interest in Australia for the autonomous solutions in shopping centres, commercial offices and industrial sites.

“We’re experiencing a lot of interest from the retail space, especially,” says Dave Miller, national head of strategic accounts at Tennant. “Robotics had a foray into the Australian market about four years ago, but the machines weren’t where they needed to be. Now Tennant has come into the market a little later but with machines that can do the job.” [Read more…] about Tennant’s robotic cleaning machines give Glad Group a winning edge

Smith+Nephew launches handheld robotic-assisted surgical system

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Smith+Nephew, the global medical technology business, has launched its CORI handheld surgical robot, an advanced robotic system for both total and partial knee arthroplasties.

The CORI system is a compact and fully mobile solution incorporating a 3-D intra-operative imaging system with an advanced robotic sculpting tool. The robotic system allows surgeons to measure, plan, and perform a knee surgery which is personalised to the patient’s individual anatomy in theatre.

The Smith+Nephew system is considerably more compact than alternative robotic systems, has minimal set up time, and is so portable it can be moved from theatre to theatre to optimise flow of patients through surgical units. [Read more…] about Smith+Nephew launches handheld robotic-assisted surgical system

Supply chain robotics developer Photoneo raises $21 million in Series B funding

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Photoneo, a developer of robotics for warehouse tasks, has raised $21 million in new funding.

The new funding was from AI Capital, IPM Group, Earlybird, Venture to Future Fund, and Credo Ventures as well as all investors who participated in previous investment rounds.

The newly raised capital will accelerate 3D Sensor business and enable expansion of its fully automated fulfillment solutions for warehouses and dark stores – called BrightPick. [Read more…] about Supply chain robotics developer Photoneo raises $21 million in Series B funding

Delivery robot startup Serve Robotics raises $13 million in seed funding round

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Serve Robotics, an autonomous sidewalk delivery robot company, has closed a $13 million expanded seed funding round.

The companies participating were strategic investors Uber Technologies; Delivery Hero backed DX Ventures; 7-Eleven’s corporate venture arm, 7-Ventures; and Wavemaker Partners’ food automation focused venture studio Wavemaker Labs.

The new round extends Serve’s previous seed funding and includes participation by existing seed investors Neo, Western Technology Investment, and Scott Banister among others. [Read more…] about Delivery robot startup Serve Robotics raises $13 million in seed funding round

Georgia Tech develops robot designed for thinning and pruning peach trees

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Peaches, not surprisingly, pack a punch for Georgia’s economy.

Over 130 million pounds of peaches are produced in Georgia per year, and the Southern staple has a total farm gate value of over $71 million, according to recent estimates.

But cultivating peaches is a complex and manually-intensive process that has put a strain on many farms stretched for time and workers. To solve this problem, the Georgia Tech Research Institute (GTRI) has developed an intelligent robot designed to handle the human-based tasks of thinning and pruning peach trees, which could result in significant cost savings for peach farms in Georgia. [Read more…] about Georgia Tech develops robot designed for thinning and pruning peach trees

Artificial Intelligence Technology You Can Control From Anywhere

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Innovative technology makes life easier, and we are entering a new phase of the technological era. It is nothing new that LG provides us with the opportunity to experience the most innovative technology at an elite rate.

To live up to its reputation, LG’s Air Conditioner has developed an artificial intelligence (AI) called AI ThinQ, which unlocks the ability to control the AC and more simply use it by speaking through voice.

It enables you to connect to Wifi and use it wisely. It is easy to control your AC even from outside your home. The AI ThinQ technology is one of the smartest technologies Provided by LG and Butterfly Group is the sole distributor for this product in Bangladesh. [Read more…] about Artificial Intelligence Technology You Can Control From Anywhere