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Rockwell Automation and Ansys agree strategic partnership

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Rockwell Automation and Ansys have agreed a strategic partnership aimed at driving quicker time to market and operational efficiency for customers.

The two companies – market leaders in industrial automation and design simulation – help customers realize better business outcomes through simulation-based digital twins.

Rockwell and Ansys say that their initiative means that industrial companies now have “access to a streamlined, holistic, end-to-end solution for design, automation, production and lifecycle management”. [Read more…] about Rockwell Automation and Ansys agree strategic partnership

All You Need to Know about Automated Forex Trading

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Automated trading has brought a shift in the trading markets – it allows getting away from manual trades which are much faster and less cumbersome

Trading is tedious and time-consuming and at times the risk management does not work very well to ensure we do not make losses.

Most traders have desired for a long time to have systems that can trade on their behalf.

Imagine if you had a robot to trade on your behalf earning you guaranteed profits and never worrying about losses. [Read more…] about All You Need to Know about Automated Forex Trading

Doosan Robotics to open new US headquarters to expand distribution in the Americas

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Doosan Robotics, a manufacturer of collaborative robots, says it plans to establish its first US office in Buford, Georgia by the end of 2019 to accelerate its distribution efforts.

The new office will serve as the headquarters for sales, marketing, training, and customer service in the Americas.

Doosan produced the first generation of cobots in 2018 and immediately grew into multiple channels. The company quickly solidified its global presence with the help of its parent company, a large industrial conglomerate. [Read more…] about Doosan Robotics to open new US headquarters to expand distribution in the Americas

How robotics and AI are changing the fashion industry and warehousing sector

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The fashion industry is investing huge amounts of money in artificial intelligence systems that can provide what is called “sentiment analysis”, which is similar to customer feedback, except that it’s indirectly acquired.

Typically, sentiment analytics systems can gather information from social media pages as well as through natural language processing, perhaps through listening to customer phone calls.

A massive number of data points can be collated and analysed – a quantity of information that only an AI system can process. And after processing it all, conclusions can be drawn. [Read more…] about How robotics and AI are changing the fashion industry and warehousing sector

Nachi-Fujikoshi having a big impact with its small robot

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Nachi-Fujikoshi is having a big impact with its small robot since its launch at the start of this year, and is likely to beat its annual sales targets going forward.

Nachi says the new MZ01 Ultracompact Robot is the “world’s smallest vertically articulated robot with a payload of 1 kg”.

The company is likely to beat its sales target of 3,000 units a year. [Read more…] about Nachi-Fujikoshi having a big impact with its small robot

Teradyne to acquire AutoGuide Mobile Robots for $165 million

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Teradyne is again strengthening its position in the robotics and automation market with another acquisition after already buying Universal Robots and Mobile Industrial Robots. 

Teradyne and AutoGuide Mobile Robots have entered into a definitive agreement under which Teradyne will acquire privately held AutoGuide for $165 million – $58 million net of cash acquired plus $107 million if certain performance targets are met extending potentially through 2022.

The acquisition is expected to close in the fourth quarter of 2019, subject to customary closing conditions and regulatory approval. [Read more…] about Teradyne to acquire AutoGuide Mobile Robots for $165 million

Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

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Universal Robots has helped Vietnam-based Vinacomin Motor Industry Joint Stock Company “future-proof” its production processes with collaborative robots.

VMIC is a subsidiary of the Vinacomin Group, a state-owned coal and mining giant.

VMIC, one of the first state-owned manufacturers to deploy cobots, has seen productivity increase two to three times, with improved product quality, leading to a 50 to 60 percent rise in orders. [Read more…] about Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

RightHand Robotics installs robotic picking solution PalTac

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RightHand Robotics has installed a multi-robot picking solution PalTac, which is said to be Japan’s largest wholesaler of consumer packaged goods.

The US company has also established a new corporate entity in Japan, RightHand Robotics GK.

The subsidiary will enable RightHand to better serve the fast-growing demand for robotic piece-picking in Japan and the rest of Asia Pacific. [Read more…] about RightHand Robotics installs robotic picking solution PalTac

Boston Dynamics bring its canine robot to market

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Boston Dynamics is making its canine robot, Spot, available to the market in limited numbers and to select customers. (See video.)

This is the first time Spot will be on sale and most of Boston Dynamics’ robots are still in various stages of research and development, most famously perhaps its humanoids, but also its unusual “Handle” material handling robot, which is basically a robotic arm on two wheels.

Boston Dynamics describes Spot as “a nimble robot that climbs stairs and traverses rough terrain with unprecedented ease, yet is small enough to use indoors”. [Read more…] about Boston Dynamics bring its canine robot to market

Growing factory automation driving servo motors and drives sales

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The global servo motors and drives market was valued at approximately $9 billion in 2014, and is expected to surpass $12 billion by the end of 2019.

The servo motors and drives market is expected to grow at a annual growth of approximately 8 percent between 2019 and 2029, and is estimated to reach a global value of approximately $28 billion by the end of 2029.

A new global market study on the servo motors and drives market, which includes the industry analysis for 2014-2018 and forecast 2019-2029. [Read more…] about Growing factory automation driving servo motors and drives sales