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FactoryFix raises $10 million in funding

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FactoryFix, a recruiting platform that helps manufacturing companies hire skilled workers, has announced a $10 million Series A financing.

Grotech Ventures led the round with participation from Capital Midwest, Great North Ventures, Hyde Park Venture Partners, Revolution Rise of the Rest, and JFF Labs. The company has raised $16 million to date.

This funding caps off a year in which the company saw revenue grow by more than 400 percent. FactoryFix now helps hundreds of industrial companies in sectors like automotive, food and beverage, packaging, and warehousing. [Read more…] about FactoryFix raises $10 million in funding

How Internal Communications Can Fuel Business Growth

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Internal communications can be a powerful tool for businesses. Effective communication helps employees work better together while providing customer-facing workers with important information to do their jobs effectively.

To get a better understanding of why you need to polish this element of your business management cleanly, here are some tips you can check out. Taking the time to understand communications best practices may help you create a comprehensive internal communications strategy. [Read more…] about How Internal Communications Can Fuel Business Growth

Software AG helps automate OEE calculation with new app for Cumulocity IoT

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Software AG has launched an app to automate Overall Equipment Effectiveness (OEE) calculation for its Cumulocity IoT platform.

The new app will enable manufacturers of any size to collect and process key data as it’s created and quickly understand production effectiveness.

By monitoring production line availability, performance and quality, organizations can be more responsive to inefficiencies in their operations, enabling them to avert problems and capitalize on opportunities to be more effective. [Read more…] about Software AG helps automate OEE calculation with new app for Cumulocity IoT

4 Ways to Improve the Efficiency of Your Auditing Process

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There are several users of the financial statements prepared by a company.

Some of these users include the existing shareholders, potential shareholders, competitors, customers, management, employees, the government, lenders, and the general public.

All these stakeholders can be interested in a company’s financial statements to help them make wise decisions when dealing with the said company. [Read more…] about 4 Ways to Improve the Efficiency of Your Auditing Process

Top 5 Cases to Use AI in Manufacturing

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Artificial Intelligence and machine learning continue to be the greatest driving forces powering the manufacturing industry today.

Over 60% of manufacturing companies have already adopted AI technology to increase operational efficiency, reduce downtime, and deliver high-quality products that meet unique consumer demands.

According to Global AI in Manufacturing Market Trends, the market is projected to reach $16.7 billion by 2026, registering a CAGR of 57.2% during the forecast period. [Read more…] about Top 5 Cases to Use AI in Manufacturing

Plex launches new quality management system for manufacturers

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Plex Systems, a provider of cloud-delivered smart manufacturing solutions, has launched its Quality Management System (QMS) as a standalone offering.

Plex QMS helps manufacturers adhere to industry compliance, regulations, and standards such as FMEA, PPAP, SQF, and BRC to avoid costly product recalls.

Nathan Pieri, global vice president of product strategy and execution at Plex Systems, says: “Plex has offered digital quality management as in integral part of the Smart Manufacturing Platform since our inception. [Read more…] about Plex launches new quality management system for manufacturers

6 Incredible Reasons Why You Should Consider AI For Your Startup Business

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Gone are the days when businesses would compare between the pros and cons of artificial intelligence implementation.

Now the use of AI services is pretty evident amongst most business processes.

We can’t think of a brand that does not utilize these smart services, from intelligent chatbots that serve consumers across digital channels to automated data analytics that recommends tailored content and products to users based on previous interests and transactions. [Read more…] about 6 Incredible Reasons Why You Should Consider AI For Your Startup Business

OnRobot releases ‘world’s most powerful’ electric vacuum gripper for robot arms

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OnRobot has released what it describes as the “world’s most powerful” electric vacuum gripper for robot arms. 

OnRobot says its new VGP20 electric vacuum gripper provides a powerful and versatile solution for challenging palletising scenarios including heavy, bulky and porous surfaces.

Large, unwieldy bags of dog food, non-airtight clothing or consumer goods packages, and bulky, porous cardboard boxes. These are just some examples of demanding packaging and palletising applications that OnRobot’s new VGP20 gripper can address. [Read more…] about OnRobot releases ‘world’s most powerful’ electric vacuum gripper for robot arms

Webinar: Vision Guided Picking Applications

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Webinar title: Vision Guided Picking Applications
Early registration link: https://us02web.zoom.us/webinar/register/WN_VY5rD2EJRR26L_p4KYwCcg

IDS is partnering with Robotics and Automation News to bring you a new and insightful webinar about a subject that will be of interest to many people.

Robot Vision helps to automate industrial processes economically. No wonder that robotics is one of the fastest growing technologies in industrial production. Learn about the benefits of 3D vision systems like Ensenso and how it is possible to turn robots into autonomously working colleagues. [Read more…] about Webinar: Vision Guided Picking Applications

Geodis implements Grenzebach AGV solutions for large warehouse operation

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Over the past year, Grenzebach and Geodis, a global supply chain operator, have been engaged in a joint project setting up a Grenzebach Goods-to-Person solution for a large consumer electronics customer.

The Goods-to-Person solution has been installed at Geodis’ Nashville, Tennessee campus. It features Grenzebach L600 automated guided vehicles, mobile storage units and picking stations as well as software.

The project has been run as a pilot program, designed to make the jobs of Geodis teammates easier, safer and more productive. Following the success of the pilot program, Geodis is now introducing Grenzebach AGV solutions to additional clients. [Read more…] about Geodis implements Grenzebach AGV solutions for large warehouse operation