Found in Robotics News & Content, with a score of 0.71
April 13, 2021
…ProMat DX The increase in online orders around the COVID-19 pandemic has increased demand for robots, according to Tompkins and GreyOrange. With this joint system and automated packing, retailers can fulfill thousands of orders faster, increase customer satisfaction, and improve the work environment for associates, they added. They added that their micro-fulfillment solution can match the productivity of an automated storage and retrieval system (ASRS) with faster startup and less infrastructure. “This partnership demonstrates that Tompkins Robotics and GreyOrange are expanding to deliver the leadership and expertise their clients need to transform their businesses for the future,” said Mike Futch,…
Found in Robotics News & Content, with a score of 0.35
April 10, 2021
…stronger over the past year, partly because of the COVID-19 pandemic. For instance, Photoneo's depalletization system can unload pallets laden with mixed types of boxes. Not only can its algorithms recognize regularly shaped and nicely ordered boxes, but also those that are damaged, placed randomly, or even tilted at an angle. Similarly, the AI can recognize parcels that may be piled up in a container or coming on a conveyor belt. The algorithms can localize and segment each parcel and sort them according to the application’s requirements. Photoneo's systems can process up to 2,250 parcels or 1,000 boxes in one…
Found in Robotics News & Content, with a score of 0.44
April 09, 2021
…that they had to reduce their “people risk” during COVID-19 lockdowns. Having too few workers is a headache, but having no workers is a nightmare. That nightmare was compounded by an economic recession and U.S.-China trade tensions. Virtually overnight, automation converted from a “nice to have” pilot or public relations coup to a life raft. Enterprise customers are willing to devote more resources to automation, even if it means lowering the ROI threshold or giving it more time to prove itself. However, they have not lowered that threshold to zero. AI and autonomy are being commoditized Many excellent teams are…
Found in Robotics News & Content, with a score of 1.13
April 09, 2021
…served more than 80 hospitals and clinics during the COVID-19 pandemic. Although many industry analysts acknolwedge that humanoid robots with general artificial intelligence are a ways off, the ability to connect to the cloud is widely viewed as a way to add capabilities to devices with limited on-board computing capacity. CloudMinds caught in U.S.-China trade conflict Last year, the Bureau of Industry and Security, a part of the U.S. Department of Commerce, added CloudMinds to the list of restricted entities because of concerns about technology transfer and facial-recognition privacy during the ongoing trade conflict with China. It was preparing for…
Found in Robotics News & Content, with a score of 0.23
April 07, 2021
…WiBotic has benefited from heightened e-commerce demand during the COVID-19 pandmic. “There was an initial dip in activity, but it rebounded very quickly in the robotics space,” said Matt Carlson, vice president of business development at WiBotic. “People who have been dabbling in robotics started to buy more and actually put them to use. Our best two quarters were the fourth quarter of 2020 and first quarter of 2021.” Robot fleets and interoperability “In addition to order fulfillment, demand for UV disinfection robots went way up,” Carlson said. “We have a couple of customers developing and deploying these robots. Lots…
Found in Robotics News & Content, with a score of 0.56
April 06, 2021
…predicts Markets and Markets. The research firm attributed the growth to labor shortages and accelerated e-commerce demand during the COVID-19 pandemic and said it will be strong in the Asia-Pacific region. The transaction is subject to customary closing conditions and is expected to be completed this month, said AutoStore and SoftBank.
Found in Robotics News & Content, with a score of 0.30
April 05, 2021
…operating costs (OpEx). This year, with the toll of COVID-19 on global business, more companies than ever before are gravitating towards a pay-per-use model with no hefty upfront financial commitments. As companies’ revenues decline, this is going to become a permanent trend. We’ve seen startups switch from a software licensing business to a full-service business and adopting RaaS to be more responsive to customers’ needs. We expect more startups to follow the same path. A Cambrian explosion in robotics is coming Widespread automation is inevitable — it is only a matter of time. Labor shortages and more recently the pandemic…
Found in Robotics News & Content, with a score of 1.36
April 05, 2021
…planning warehouse improvements with simulation Consumer shopping behavior has permanently changed, the trend to online shopping accelerated by the COVID-19 pandemic. On June 8, join Simon Shore to learn how simulation can help businesses plan for more efficient fulfillment of ecommerce and omnichannel orders, whether in new or existing warehouses. Learn more or register
Found in Robotics News & Content, with a score of 1.00
April 05, 2021
…in the global economy last year because of the COVID-19 pandemic, investments, mergers, and acquisitions have continued apace in robotics and automation. In the first quarter of 2021, such transactions totaled more than $17 billion (U.S.). Robotics 24/7 tracked more than 20 transactions worth over $100 million each in the first quarter of 2021. As in the past few years, companies developing and producing autonomous vehicles, mobile robots, and 3D printing received the most funding. Artificial intelligence processors and surgical robots were also represented in the top transactions of Q1. Automation investments by industry By industry, aerial drones for defense,…
Found in Robotics News & Content, with a score of 2.68
March 31, 2021
…world looks forward to so-called herd immunity, crushing the COVID-19 pandemic is a daunting task. It requires robust testing to know who is safe and who has contracted the novel coronavirus. Ultimate victory depends on getting vaccines produced, distributed, and administered, and automation can help at each step of the way. Technology transfer After a monumental effort to develop effective vaccines, healthcare providers and governments have struggled with mass vaccinations. Can robots help? There are not many robots directly injecting patients, but, if we look at other industries with similar requirements, automation has made progress. For instance, there is already…
Found in Robotics News & Content, with a score of 0.68
March 30, 2021
…company said the surge in online ordering during the COVID-19 pandemic drove it to find partners to help it satisfy consumer orders. “Hmart.com has proven to be an important offering to our customers,” said Vince Colatriano, executive vice president of H Mart. “We’ve partnered with the best automated technology in the field to fulfill our orders quickly and efficiently.” Founded 1996, AutoStore created cube storage automation, which it claims is the densest and one of the fastest order-fulfillment solutions in existence. The Nedre Vats, Norway-based company has more than 600 systems installed by qualified partners in 35 countries. AutoStore has…
Found in Robotics News & Content, with a score of 0.60
March 30, 2021
…increase in automation. Even as unemployment drops with the COVID-19 pandemic finally easing, how can automation help businesses? Guerry: Companies that adopt and embrace automation are more productive and competitive, and through their success, they employ more people. Automation played a crucial role during the pandemic. Many goods were in short supply due to the disruption, and automation was quickly deployed to scale and fill the critical needs from everyday products to PPE [personal protective equipment]. As the grip of the pandemic eases, we see the advantages of automation more clearly than ever. When we automate, supply is more distributed,…
