Robotics & Automation News

Market trends and business perspectives

transformation

Toyota’s Woven Capital invests in autonomous vehicle fleet platform Ridecell

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Woven Capital, a venture capital unit of Toyota, has made an investment in Ridecell, a platform powering digital transformations and IoT automation for fleet-driven businesses.

Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics, connectivity, and smart cities.

It is the investment arm of the Woven Planet Group, a Toyota subsidiary which says it is “dedicated to building the safest mobility in the world”. [Read more…] about Toyota’s Woven Capital invests in autonomous vehicle fleet platform Ridecell

Watch Now: How Robots Won the Digital Transformation Dance at Boston Dynamics

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You’d love to dance your way through a digital transformation, swinging to the sounds of product innovation, business acceleration, and unfettered visibility.

But, maybe you’re a bit hesitant to get on your feet and waltz your way to more effective customer engagement and efficient operations.

Boston Dynamics – the groundbreaking manufacturer behind those viral dancing robots (video below) – led their digital transformation to success by choreographing the right mix of great technology, a single digital platform, and proven best practices. [Read more…] about Watch Now: How Robots Won the Digital Transformation Dance at Boston Dynamics

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

Webinar: How Robots Won the Digital Transformation Dance at Boston Dynamics

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Click here to register now for this webinar

You’d love to dance your way through a digital transformation, swinging to the sounds of product innovation, business acceleration, and unfettered visibility.

But, maybe you’re a bit hesitant to get on your feet and waltz your way to more effective customer engagement and efficient operations.

Boston Dynamics – the groundbreaking manufacturer behind those viral dancing robots – led their digital transformation to success by choreographing the right mix of great technology, a single digital platform, and proven best practices.

And, they’re sharing their tips and insights to help you realize the same transformational success.

[Read more…] about Webinar: How Robots Won the Digital Transformation Dance at Boston Dynamics

Rockwell Automation and OSIsoft extend digital data partnership

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Rockwell Automation has extended its 15-year partnership with industrial data platform provider OSIsoft to “ensure continued” value for industrial manufacturing customers by enabling informed, data-driven decisions.

OSIsoft’s PI System is the market-leading operations data management platform for industrial organizations meeting next-generation demands for efficiency, reliability, security, sustainability, and resilience.

The agreement reinforces the companies’ joint commitment to drive outcome-based digital transformation solutions for customers across essential industries, including energy, mining, oil and gas, utilities, pharmaceuticals, transportation, and more. [Read more…] about Rockwell Automation and OSIsoft extend digital data partnership

Hitachi launches new industrial edge computer

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Hitachi has launched a new industrial edge computer. The “Hitachi Industrial Edge Computer CE series Embedded AI model” was developed in collaboration with Intel.

The product, an integration of Intel’s artificial intelligence technology and Hitachi’s control system design and manufacturing technologies, is a new model that incorporates an image analysis execution platform using AI and deep learning.

Through providing this product, Hitachi contributes to the expansion of digital transformation, such as streamlining and automating tasks that rely on visual checks (the inspection process for finished products in the manufacturing industry) and solving management challenges using on-site data. [Read more…] about Hitachi launches new industrial edge computer

Wikifactory raises $4.5 million to expand its new design collaboration software

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Wikifactory, an online collaboration platform for physical product design and development, has completed a “total upgrade” that it says will enable users the ability to make anything with nothing but a laptop and an internet connection.

Wikifactory says its new Collaborative CAD Tool with in-built chat will “transform the way products are made”, enabling designers, engineers, manufacturers and enterprise to collaborate remotely on virtually any CAD model, from concept through to finished prototype.

The new Collaborative CAD Tool allows product developers of all skill levels in virtually any industry to explore, review and discuss 3D models in over 30 file formats in real-time. [Read more…] about Wikifactory raises $4.5 million to expand its new design collaboration software

The Digital Transformation of Small Businesses

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Digital transformation in the form of technologies, marketing, and data is necessary for businesses to remain relevant in the competitive and ever-changing market.

Recently, word out there is that digital processes override traditional processes. For most small-scale businesses, digitizing their companies can seem intimidating given that most of them operate with a small budget.

When expanding internationally, it can be challenging for small businesses to hire and manage employees abroad. [Read more…] about The Digital Transformation of Small Businesses

Rockwell Automation partners with PTC to add new capabilities to FactoryTalk

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Rockwell Automation has added a set of new capabilities for FactoryTalk InnovationSuite, powered by software company PTC to “simplify, scale and accelerate digital transformation for industrial organizations”.

This news follows the recent announcement that the two companies are extending and expanding the scope of their strategic alliance following strong market momentum and widespread industry recognition of InnovationSuite.

Since its original launch in 2018, InnovationSuite has successfully delivered a range of high-value solutions for the world’s largest automotive, consumer packaged goods, healthcare, oil and gas, and pharmaceuticals companies across 21 countries. [Read more…] about Rockwell Automation partners with PTC to add new capabilities to FactoryTalk

ThyssenKrupp sells its elevator business for more than $17 billion

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Giant industrial conglomerate ThyssenKrupp says it has successfully completed the sale of its elevator business, marking a further important milestone in the transformation of the company.

The transaction closed after all the responsible authorities had approved the sale to a bidding consortium led by Advent International and Cinven.

ThyssenKrupp had reached an agreement with the consortium on the purchase of the elevator business earlier this year. With the closing, the company has received the contractually agreed purchase price, which was reported to be $17.2 billion. [Read more…] about ThyssenKrupp sells its elevator business for more than $17 billion

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