Market trends and business perspectives
AImotive claims it has become “the most-funded automated driving software supplier in Europe” after its latest investment round.
AImotive, an automated driving technology company, says the new funding round has raised $20 million, and comes despite amid the global coronavirus pandemic.
The round was led by Lead Ventures, a Budapest based scale-up investor. [Read more…] about AImotive becomes ‘most-funded’ automated driving software supplier in Europe
Title: The Digital Evolution – E-Commerce Directive to Digital Services Act and a look at the German Council Presidency
Registration link: https://register.gotowebinar.com/register/7620775972725344270
When the EU passed the E-Commerce Directive (ECD) 20 years ago it built a solid ground for the years to come and it found long lasting balance between regulation and entrepreneurial freedoms.
It was not perfect in the beginning and there are still questions about details nowadays. [Read more…] about Webinar: A closer look at the EC’s Digital Services Act
Written by Pippa Strickland from iDiveblue.com
Robotics have changed our lives in remarkable ways and when you consider the vastness of our oceans (which cover more than 70 percent of the Earth’s surface), it makes sense that robotics is being harnessed to conduct research and preserve our ocean health.
From improving ship fuel efficiency to repopulating reefs and removing marine litter, here are five ways that robotic innovations are leading to a brighter future for our ocean-dwelling species. [Read more…] about 5 ways robots are cleaning up the world’s oceans
The haulage industry is an essential part of the network that is keeping the economy going, but for the last decade, there have been whispers of big changes that will ultimately change and revolutionise the way that day-to-day haulage works.
Huge corporations like UPS and Daimler have been investing in automation technology, working closely with robotics companies to create a standard for the haulage industry that will speed up the process of transporting freight across the world.
There have even been estimations made that 1.2 million lorry driver jobs will be eliminated. But will automation really make the lorry driver obsolete? [Read more…] about Will Automation Make Lorry Drivers Obsolete?
The industrial automation sector is “paying the price for failing to think big and invest bigger”, according to a report by GlobalData.
The industrial automation sector was not in a great place before Covid-19 struck, having been slowed by flat capital expenditure and declining industrial production, says GlobalData, a leading data and analytics company.
The virus has since closed factory after factory worldwide with workers sent home. The reality is that despite much hype over the years, advanced factory automation has not been substituted for human workers at scale. [Read more…] about Industrial automation is ‘paying the price for failing to think big and invest bigger’
RightHand Robotics (RHR), a provider autonomous robotic picking solutions, is continuing its global expansion with the establishment of a sales and business development office in Frankfurt, Germany.
With multiple customers and partners based in Europe, RHR’s German operation will strengthen the company’s business and enable them to further expand their presence as the market grows and their customer base deepens in the region.
With broad experience in next-generation fulfillment solutions, Jon Schechter has been named to lead RHR’s German office, serving as head of Europe. Schechter spent 10 years designing robotic fulfillment centers for e-commerce and retail distribution as part of Kiva Systems and Amazon Robotics. [Read more…] about RightHand Robotics continues global expansion with opening of sales office in Europe
Continental is to build a new plant to make advanced driver assistance systems.
The new plant will be located in New Braunfels in the US state of Texas.
The purpose of the new building is to expand its capacity for the production of radar sensors, says Continental. [Read more…] about Continental builds new US plant to make advanced driver assistance systems
Kuwait is a country that has defied all odds to record a positive outcome economically than earlier anticipated. Only a couple of years Kuwait were at war after the Iraq invasion.
Additionally, in 2017 the country experienced a historic fall of oil prices are some of the things that many thought Kuwait had a long way to go before experiencing any visible change, but today it is a different narrative.
According to the Central Bank of Kuwait (CBK) Governor, Mohammad Y. Al-Hashel, the country economy is resilience and ability to overcome the challenging environment. [Read more…] about Kuwait: Banking On Growth
Teradyne has embarked on a project to build what it says will be “the world’s largest collaborative robotics hub” when it is finished.
The facility (main illustration) is located in Denmark and its eventual cost is estimated at approximately $36 million.
Denmark’s minister of industry, business and financial affairs, Simon Kollerup, unveiled what will become the new home of Teradyne’s robotics business units, Mobile Industrial Robots and Universal Robots, both of which it acquired in the past year or so. [Read more…] about Teradyne to build ‘world’s largest’ collaborative robotics hub at a cost of $36 million
South Korea has doubled the number of industrial robots over the past five years to reach a new record of 300,000 industrial robots in operation.
This is according to figures in the World Robotics report, released by the International Federation of Robotics.
The data shows a new record stock of about 300,000 operational industrial robots in the Republic of Korea – more commonly known as South Korea – in 2018, which is an increase of about 10 percent on the previous year. [Read more…] about South Korea reaches new record of 300,000 industrial robots in operation
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