Found in Robotics News & Content, with a score of 5.22
March 14, 2019
Is Amazon In-Sourcing or Creating a New Service? You Already Know Amazon didn’t get to where it is today (hitting a market cap of $1 trillion in Sept. 2018) by resting on its laurels. At the time I wrote this, Amazon’s market cap is $777.8 billion. We can all rest assured that Amazon is looking to get back up to $1 trillion and stay there. Amazon understands the value and importance of innovation, and it’s size and service portfolio variety means that it looks at problems differently than other large companies. It’s that perspective that allows Amazon to enter new…
Found in Robotics News & Content, with a score of 4.84
June 22, 2022
When Amazon.com Inc. acquired Kiva Systems Inc. in 2012, it pulled the shelf-moving robot off the market for in-house use only. This forced retailers, warehouses, and logistics providers to turn to other suppliers, ultimately leading to the fast-growing mobile robot market. “While the Kiva acquisition kickstarted the use of robotics and other technology at our facilities, it was just the start of our robotics journey,” wrote Amazon in a blog post. “We continued to innovate in new and exciting areas to improve the customer and employee experience and create an even safer workplace. And that innovation continues.” In conjunction with…
Found in Robotics News & Content, with a score of 4.58
January 29, 2024
Consumer cleaning robot manufacturer iRobot and e-commerce retailer Amazon recently announced they mutually agreed to forgo Amazon’s planned acquisition of iRobot. In a release, the companies announced they signed a termination agreement that resolves all outstanding transactional matters, including Amazon paying iRobot a previously agreed upon $94 million termination fee. The original $1.7 billion acquisition proposal was announced in August 2022. “Amazon and iRobot were excited to see what our teams could build together, and we're deeply grateful to everyone who worked tirelessly to try and make this collaboration a reality,” said David Zapolsky, Amazon SVP and general counsel. “This…
Found in Robotics News & Content, with a score of 4.23
November 29, 2021
Leading into this week's re:Invent event, Amazon Web Services has announced the launch of AWS IoT RoboRunner, a new service intended to make it easier for companies to build and deploy applications for robotic fleets. The unit of Amazon.com Inc. also announced the AWS Robotics Startup Accelerator in partnership with MassRobotics. AWS re:Invent, which is being held this week in Las Vegas and virtually, is Amazon Web Services' annual event featuring numerous technology announcements and user workshops. Amazon said that the AWS IoT RoadRunner and the AWS Robotics Startup Accelerator reflect its ongoing commitment to helping robotics developers, including through…
Found in Robotics News & Content, with a score of 4.18
June 14, 2023
Addverb today announced that it has partnered with Amazon Web Services to improve the efficiency of its warehouse automation solutions. The partnership with AWS will allow Addverb to leverage the cloud platform's machine learning, analytics, and Internet of Things, or IoT, connectivity capabilities to enhance the capabilities of its robotic solutions. Founded in 2016, Addverb offers AI-enabled fixed & flexible automation solutions. The company said its AI- driven solutions and software are designed specifically to serve the global e-ecommerce, warehouse distribution and manufacturing industries. Addverb is a global technology company with headquarters in North America, India, Netherlands, and Singapore. AWS…
Found in Robotics News & Content, with a score of 4.08
July 15, 2021
DXC Luxoft this week said it is collaborating with Amazon Web Services Inc. to support the autonomous driving with its Robotic Drive Cloud offering on AWS. The Robotic Drive tooling and services are available now and can reduce development and test times, as well as total cost of ownership to customers. The partners said they can offer a tangible competitive advantage to developers of advanced driver assistance systems (ADAS) and autonomous vehicles. “Creating this relationship will help our mutual customers accelerate their ADAS/AD [autonomous driving] programs while increasing flexibility and optimizing cost,” stated Luz G. Mauch, executive vice president for…
Found in Robotics News & Content, with a score of 3.83
December 18, 2016
Business Insider’s scoop on Amazon creating an Uber for Trucking app isn’t a surprise. LogTech venture capital investments have been growing rapidly these past years, as recently reported by CB Insights. What’s more, Alibaba founder Jack Ma announced earlier this year that the Chinese giant would invest nearly $16 billion dollars in logistics over the 5 to 8 years, while a Chinese logistics provider in which it invested $256 million dollars is contemplating an IPO. To top it off, Uber’s own Uber for Trucking app was soft launched just weeks ago. The takeaway is clear - companies that have focused…
Found in Robotics News & Content, with a score of 2.95
March 01, 2023
…SEQSENSE aims to solve this challenge by providing security services with autonomous robots. The Tokyo-based startup has developed the SQ-2 intelligent security robot. It can navigate inside buildings with a pre-created map of each floor. The mobile robot can also communicate with elevators to patrol multiple floors. Using autonomous robots for security offers several advantages. For example, surveillance cameras are often used for building security. However, such cameras can have blind spots, and setting up additional cameras takes cost and time. In contrast, the SQ-2 robot can patrols an entire building by taking an elevator, and security guards can choose…
Found in Robotics News & Content, with a score of 2.09
April 23, 2024
…commercial deployments Founded in 2022 by former VP of Amazon Robotics and distinguished engineer Brad Porter, Cobot said its team includes robotics and AI experts from Amazon, Apple, Meta, Google, Microsoft, NASA, and Waymo. Cobot said the new capital will be used to further expand its team and advance its commercial deployments. Paul Kwan, managing director at General Catalyst, has joined Alfred Lin from Sequoia Capital on Cobot’s board of directors. “We believe the Cobot team is world-class at building the necessary hardware, software, and institutional trust to achieve their vision,” said Kwan. “Their focus on user partnership and thoughtful…
Found in Robotics News & Content, with a score of 2.06
May 02, 2023
…a new partnership with Denali Advanced Integration, a leading services and global technology integrator. Denali has become Universal Robots' largest Certified Solution Partner, or CSP, according to the companies. “Automation is a natural step for companies aiming to improve productivity and overcome labor shortages,” said Kim Povlsen, president of Universal Robots. “Cobot automation in particular has never been more important and appealing to businesses because of its versatility and wide range of applications, supported at Universal Robots by an impressive ecosystem of partners.” “This exciting partnership with Denali is going to bring cutting-edge collaborative robotics to some of the world’s…
Found in Robotics News & Content, with a score of 1.92
June 24, 2022
At Amazon.com Inc.'s re:MARS event this week, MassRobotics announced that the second Amazon Web Services Robotics Startup Accelerator is open for applications for its second cohort. MassRobotics and AWS said they are working to help robotics startups experiment and innovate while connecting with AWS customers. “At AWS, we are dedicated to investing in the future of robotics and providing world-class services to help companies build, deploy, and manage robots,” stated Michael MacKenzie, general manager for the industrial Internet of Things (IIoT) and robotics at Amazon Web Services. “We're thrilled to have had such a global and diverse cohort for our…
Found in Robotics News & Content, with a score of 1.59
June 07, 2022
…Robotics Inc. today announced that it is working with Amazon Web Services Inc. to begin testing the software powering its Flippy 2 and Flippy Lite systems using AWS RoboMaker. The companies said this will enable Miso to run up to 50 simulations at once, helping it to turn prototypes into functional products at a faster rate. “Integrating into AWS RoboMaker has been a gamechanger for us to scale our products and make sure the software and its updates are ready to deploy with units in the field,” said Chris Kruger, chief technology officer of Miso Robotics. “We went from running…
