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How to Best Optimize your Business Operations through Asset Management Software

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Assets, both tangible and intangible, are a major and valuable investment in your business. Asset management software provides you with a centralized platform that enables smooth asset tracking and allows you to have greater visibility of your assets. This helps improve asset management processes like maintenance, tracking, cost optimization, and more.

With a holistic view of your assets and associated costs, you can make wiser decisions pertaining to procurement and management. You can also better manage your assets by taking several actions, as simple as checking asset management metrics in a faster and more convenient way.

MarketsandMarkets reports that the asset management software market is likely to hit $4.8 billion by 2026. Some reasons for this are being compliant with regulations, optimization of asset purchase, maintenance, and deployment – the core driving factors of asset management software. [Read more…] about How to Best Optimize your Business Operations through Asset Management Software

Create Free QR Codes With Ease

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QR code generators online make it easy to create QR codes. Simply enter the data you want to encode, choose the desired QR code size and error correction level, and then download the QR code image.

Some QR code generators can easily create free QR codes and even allow you to add custom images or logos to your QR code, making it even more personal. [Read more…] about Create Free QR Codes With Ease

How to Improve Employee Experience Management

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EEM (Employee Experience Management) is a big warm hug for your employees.

From onboarding to career development, it covers everything that makes your team feel appreciated and motivated. Unfortunately, many organizations need help to implement effective EEM strategies, leading to unhappy employees and high turnover rates.

Across the globe, just 64 percent of employees from various industries would recommend their workplace to friends and families. This shows how improving the employee experience of your organization is critical. [Read more…] about How to Improve Employee Experience Management

South Africa’s leading manufacturing and automation shows move to new venue

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The Gallagher Convention Centre, situated in Midrand, Gauteng, has been announced as the new venue for the 12th Africa Automation Technology Fair (AATF), co-located with the inaugural Future Manufacturing Africa Trade Fair and Summit (FMA) for 2023.

Running from 9-11 May 2023, these events will showcase the latest in automation, manufacturing and technology and bring together leading public and private stakeholders, successful entrepreneurs, and small businesses, to drive industry development and growth.

RX Africa, the award-winning organisers behind both events, considered the geographic location of most of their previous visitors and exhibitors and decided that the Gallagher Convention Centre would be best suited for the substantial content involved in the shows and has great proximity for attendees coming from Pretoria and further afield. [Read more…] about South Africa’s leading manufacturing and automation shows move to new venue

Qualcomm and Zebra invest in Third Wave Automation

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Third Wave Automation, a provider of high-reach autonomous forklifts, has received strategic investments from Qualcomm Ventures and Zebra Technologies, bringing the startup’s total funding to $70 million.

Carlos Kokron, vice president, Qualcomm Technologies, and managing director, Qualcomm Ventures Americas, says: “The increasing adoption of advanced robotics, artificial intelligence and 5G connectivity is facilitating the use of autonomous solutions within the warehouse.

“Third Wave Automation’s shared autonomy approach with continuous learning capabilities delivers immediate value to the customers by easily integrating with existing workflows while enhancing labor productivity and safety. We are excited to invest in Third Wave Automation to bring next-generation autonomy to the forklifts.” [Read more…] about Qualcomm and Zebra invest in Third Wave Automation

Core Industrial Partners acquires GEM Manufacturing

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Core Industrial Partners, a manufacturing, industrial technology, and industrial services-focused private equity firm, has acquired GEM Manufacturing, a provider of precision deep drawn metal components and mechanical assemblies.

GEM represents the fifth platform investment in Core Industrial Partners Fund II, a $465 million fund closed in February 2021.

Founded in 1950, GEM utilizes vertical transfer and progressive die press technology to manufacture high-precision deep drawn components spanning from prototype through high-volume applications. [Read more…] about Core Industrial Partners acquires GEM Manufacturing

Estonian robotics startup Cleveron wins patent case against Chinese company

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Cleveron, an Estonian developer of parcel terminals and robots, has won a case against the China National Intellectual Property Administration (CNIPA) in the Beijing Intellectual Property Court and invalidated a Chinese company’s patent.

In 2017, Cleveron discovered that a Chinese company had registered under its name an invention previously already invented by Cleveron.

In 2018, Cleveron filed an application for invalidation of the patent with the China National Intellectual Property Administration (CNIPA). [Read more…] about Estonian robotics startup Cleveron wins patent case against Chinese company

Berkshire Grey confirms acquisition interest from SoftBank

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Berkshire Grey, a provider of AI-enabled robotic solutions that automate supply chain processes, has confirmed that it has received a non-binding indication of interest from SoftBank Group to acquire all of the outstanding capital stock of the company for $1.30 per share in cash.

Given that Berkshire Grey has more than 230 million shares outstanding, that would make the offer worth approximately $300 million. Bloomberg, meanwhile, says he deal would be worth $218 million.

The terms of any potential agreement between Berkshire Grey and SoftBank would be contingent on certain conditions, including completion of due diligence review and negotiation of definitive transaction documents. [Read more…] about Berkshire Grey confirms acquisition interest from SoftBank

automatica returns for its second edition in 12 months

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Just one year after returning from its unscheduled break, automatica – one of the world’s leading exhibitions for smart automation and robotics – will be held again from June 27 to 30, 2023.

This is due to a change in its rhythm. From now on, the international automation industry will meet at the Munich exhibition center in odd years, side by side with “Laser World of Photonics – the World’s Leading Trade Fair with Congress for Photonics Components, Systems and Applications”.

Anja Schneider, exhibition director, is optimistic about the event coming up this summer: “Our lives are increasingly affected by global challenges such as supply chain issues and lack of specialists. [Read more…] about automatica returns for its second edition in 12 months