by Zacks Equity Research: Technology giant and Dow component Cisco Systems, Inc. recently entered into a strategic alliance with a robotics company Fanuc America, thereby stepping up its efforts to make itself a key player in the Internet of Things (IoT) space. Per the alliance, Fanuc and Cisco have built an IoT system that enables Fanuc to monitor every robot on the factory floor. This way it can be determined whether a robot is likely to fail, so that a service technician can fix the equipment before it stops working. This could save companies hundreds of dollars of fixing cost. Per Cisco CEO Chuck Robbins, downtime for these robots can cost a business $16,000 per minute. Therefore, the new system that offers predictive maintenance can be a big thing for some operations. The companies are currently testing the system in a channel that comprises around 1,800 robots and includes Fanuc customer, GM. In this testing period, Fanuc says its customer has saved $38 million. Fanus has plans to expand the system to 2,500 robots by the end of the year. Cont'd...
If the robot is not sure whether it can complete the task-for example if the part is "buried" within the bin-it takes pictures of its situation and calls a remotely located human (the "human on call") for help.
BY GERRY SHIH for Reuters: In a cavernous showroom on the outskirts of this port city in northeastern China, softly whirring lathes and svelte robot arms represent Dalian Machine Tools Group's (DMTG) vision of an automated future for Chinese manufacturing. On closer inspection, however, most of the machines' control panels bear the logos of Japan's FANUC Corp or the German conglomerate Siemens. The imported control systems in DMTG's products – used in the assembly of everything from smartphones to cement trucks – are symbolic of the technology gap between Chinese and foreign industrial automation firms, just one of several challenges facing China's ambition to nurture a national robotics industry. Chinese robotics firms are also grappling with a weakening economy and slumping automotive sector, and industry insiders already predict a market bubble just three years after the central government issued policies to spur robotics development. "Last year everybody thought they could produce a robot," said Alan Lee, director of Asia sales and business development at Boston-based Rethink Robotics. "When you have market saturation you'll have filtering and M&A. These guys will be the first layer to suffer." It is a storyline familiar from other new industries such as solar panels: Beijing's policies and subsides trigger a wave of low-margin, low-cost contenders to rush into the market, where, with no meaningful technology of their own, they struggle to compete on price alone. Cont'd...
OMRON plans to acquire 100% of the outstanding shares of Adept common stock through an all cash tender offer followed by a second-step merger. OMRON will offer Adept investors $13.00 per share of Adept common stock, which represents a 63% premium over the closing price for Adept's common stock on September 15, 2015. This values Adept at approximately $200 million. OMRON will fund the tender offer through cash on hand. Commenting on the acquisition, Yutaka Miyanaga, OMRON Industrial Automation Business Company President, said, "We are delighted Adept Technology, a world leader in robotics, has agreed to join OMRON. This acquisition is part of our strategy to enhance our automation technology and position us for long term growth. Robotics will elevate our offering of advanced automation." Rob Cain, President and Chief Executive Officer of Adept, added, "We are excited about the opportunity to join OMRON, a global leader in automation. Together, our products will offer new innovative solutions to customers all around the globe." Full Press Release:
As companies continue to rely on automation to remain competitive, employees will have the benefit of working in safer environments. In the years to come, the question won't be "Is your company automating?" but instead "How is your company automating?"
Measured performance is at the level expected and increases the range of applications which may be addressed by open loop transducers instead of more complex solutions.
From the Instapainting Blog: Over the past three weeks I’ve been working on a robotic painter to research the area of mechanical artwork reproduction and automated picture to painting creation for Instapainting.com and the print store e-commerce platform A Manufactory . The initial prototype was built in about 3 weeks, and currently does mechnical reproductions. The AI painting mode which will paint a photograph will follow in the next post (putting some finishing touches on it)... ...The current prototype operates on 3 dimensions: X, Y, and a Z axis for pen pressure from the Wacom tablet. The artist can control the motion from a Wacom tablet and, for the most part, it’s lag-free. Every stroke is recorded so that it can be played back. You can see both the intitial painting and the playback in the video below... ( full post )
Stony Brook University Helps Prepare Next Generation of Farmers by Introducing a Hydroponic 'Freight Farm' On Campus
Cited as 4th most environmentally responsible university* in 2015, SBU is first higher ed campus to get a Freight Farm.
The purpose of this program is to help graduates prepare for career opportunities in a variety of positions in field including automation, process control, PLCs, robotics, packaging, power generation, mining, machine design, and building automated systems, maintenance, transportation, systems integration, component testing, technical sales, quality control and a host of other fields.
The robotics industry is booming in China. Companies are deploying thousands of robots in all types of factories, particularly in the auto industry. Chinese companies that manufacture robots and their components are also growing. This article will focus on the 107 makers of those robots.
Boston Dynamics have developed the "Atlas" robot a highly mobility, humanoid robot designed to negotiate outdoor, rough terrain. Here is a video showing "Atlas" courtesy euronews.
In most industrial settings, robots speak one language and the plants within which they work speak another.
The future of robotics contains the same level of certainty as the sun's rising in the morning. Robots are becoming an integrated portion of the workforce, and they will be there every day thereafter, unless a company ditches robotics altogether.
If you're considering a robot, you probably have a good sense of the process that you'd like to automate. With that information, an integrator can get the process started, determining the client's needs and the best type of robot for the job.
GreyOrange, a robotics firm that is in the business of automating warehouses, has raised $30 million (Rs 191.6 crore) in a round led by Tiger Global Management, with participation from existing investors Blume Ventures. The funding, which the company says is one of the largest for robotics company globally, will be used to invest in developing new products, expand internationally into Asia Pacific, Middle East and Europe. The company says it has a 90% market share of India's warehouse automation market and it powers over 180,000 square feet of warehouse. "We are doubling our team size globally as we steer the company and our products beyond India and into international markets," said co-founder and CEO Samay Kohli, who founded the company with Akash Gupta in 2011. The company has two products: The Sorter and the Butler. The former is a high-speed system that consolidates orders and routes parcels. By Diwali, the company will have installed sortation capacity of 3 million parcels per day. The second product, the Butler, is an order-picking system that is tailored for high-volume, high-mix orders characteristic of e-commerce and omni-channel logistics fulfilment. Cont'd..
Records 316 to 330 of 451
Additive & 3D Printing - Featured Product
Xometry is your source for custom parts. Now, in addition to getting instant quotes on 3D Printing, CNC Machining, Sheet Metal, and Injection Molding, customers can create and send RFQs for die casting, stamping, and extrusion work to our nationwide network of pre-vetted manufacturers with just a 2D drawing. You will receive and be able to review responses from qualified shops within 7 days on an advanced web-based RFQ management platform. To learn more go directly to our site to issue and RFQ today. Stop wasting time managing RFQs through email and by phone, and start issuing RFQs at scale and in the cloud.