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5 Crucial Lessons to Learn from Successful Digital Transformation Stories

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Transform. Transform. Transform. That’s what most organizations have been doing since the Covid-19 pandemic struck and made digital transformation a necessity.

Companies are working hard on digital transformation projects, but some are experiencing digital transformation fatigue and giving up–because they’ve spent large amounts of money with no ROI.

The success rate of digital transformation is a lot lower than the failure rate (70 percent). Many organizations have paused their initiatives or stopped them altogether. [Read more…] about 5 Crucial Lessons to Learn from Successful Digital Transformation Stories

Mitsubishi tests automated robotic valet parking system using robots

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Mitsubishi Heavy Industries and Mitsubishi Heavy Industries Machinery Systems have launched Phase 2 of demonstration testing of an automated valet parking system at Shisui Premium Outlets, an outlet mall located in Chiba Prefecture, Japan.

The system employs automated guided vehicle (AGV) robots, dubbed “Stan”, manufactured by Stanley Robotics, a French venture-backed company.

Phase 1 of the demonstration testing of this automated valet parking system, the first application of its kind in a commercial complex in Japan, took place in June 2022. [Read more…] about Mitsubishi tests automated robotic valet parking system using robots

Technology is Making it Easier Than Ever to Become an Entrepreneur

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In recent years, the tech industry has not only become more and more powerful but also more and more accessible to would-be entrepreneurs.

With almost everything you need to start a business now available via the internet, it’s easier than ever to turn your great idea into an even greater reality without spending much of your own money.

So if you are in the process of starting your first business and researching tips on company formation made easy, you want to spend some time reading about technology too. [Read more…] about Technology is Making it Easier Than Ever to Become an Entrepreneur

Flexiv continues US expansion by partnering with Infinity Robotics

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Flexiv, a general-purpose robotics company, has agreed a partnership with its new US-based integration company Infinity Robotics.

As a Flexiv integration partner, Infinity Robotics will work with customers to maximize production efficiency by installing Flexiv’s range of adaptive robots into their settings.

With more than ten years of experience in the distribution and manufacturing of automated control systems, Infinity Robotics provides innovative and customizable manufacturing solutions to its customers in and around Minnesota. [Read more…] about Flexiv continues US expansion by partnering with Infinity Robotics

Advice for Going Through Digital Transformation

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Digital transformation is something that all businesses need to go through. Essentially, this involves integrating digital technologies into the business operation to change the way in which the company operates.

Although this can be challenging and disruptive, you will find that there are many benefits to doing this, and it could help to boost the overall success of the business.

So, what can you do during digital transformation to overcome the challenges and reap the rewards? This article will look at a few tips for businesses going through a digital transformation that should be useful and help you to find success with yours if you happen to be going through the process. [Read more…] about Advice for Going Through Digital Transformation

Brain Corp unveils new platform for its autonomous commercial robots

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Brain Corp, an artificial intelligence company specializing in cleaning and inventory robotics, has released its “next generation autonomy platform for commercial robotics”.

The third generation platform represents the latest evolution of Brain Corp’s BrainOS autonomous robotic operating system, which currently powers over 20,000 autonomous robots operating in public spaces, and has been designed to underpin a future generation of intelligent robotic solutions to be applied across multiple commercial sectors.

The new, modular architecture promotes faster and easier product development and includes a number of key features designed to expand potential robot applications and advance machine capabilities, performance, safety and security. [Read more…] about Brain Corp unveils new platform for its autonomous commercial robots

Formic launches industry’s ‘first turnkey palletizer’

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Formic, a provider of robotic technologies on a pay-as-you-go basis, has released its SL20 Palletizer – the inaugural product in a new catalog of certified, off-the-shelf, robotics-as-a-service solutions available at a “low cost per hour”.

Built by Sourcelink Solutions, Formic says its new offering further underlines its “commitment to removing the barriers to automation” so that small to mid-sized businesses can onboard the technology and thrive amid today’s challenges.

Buying a robot is largely untenable for the majority of manufacturers due to the risk, complexity, upfront capital, and expertise required. [Read more…] about Formic launches industry’s ‘first turnkey palletizer’

High-Tech Bots and Devices for Business Owners

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Hiring employees is one of the costliest moves any business owner can make. Along with the obvious monetary toll in the form of payroll expenses, there are other considerations.

Things like insurance, necessary office space, training, and other factors can add up fast. Maybe that’s why so many entrepreneurs and independent startup owners are seeking financial relief in the form of automation.

Companies of all sizes and in all industries can leverage the savings and increased efficiency that many forms of technology can deliver. Devices like video recorders are a huge help to transport companies that operate truck fleets. [Read more…] about High-Tech Bots and Devices for Business Owners

A Quick Guide to Financial Process Automation with Machine Learning

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By Yevhen Krasnokutsky, AI/ML Solution Architect at MobiDev

Fintech startups are flourishing since our lives shifted to an online format. Statista reveals that as of November 2021, there were 10,755 startups in the Americas alone.

This number is still growing in 2022, and that’s why traditional financial companies encounter difficulties trying to withstand competition and remain effective. By adopting machine learning solutions, such companies can optimize main business processes and foster customer loyalty.

So, in this article, we’re going to lift the curtain on machine learning (ML) approaches that enable process automation. [Read more…] about A Quick Guide to Financial Process Automation with Machine Learning

Driving Your Business to Stand Out

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You may have recently set up shop with your own business. This is a very exciting time and you may be wondering how you can get your business into the top ranking companies.

There are plenty of ways you can do this, one such way is getting the word out regarding your business. The other is to create a business that stands out from the crowd and the customers are queuing up at the door. Take a look below to find out more on how to do this. [Read more…] about Driving Your Business to Stand Out