Attendees and speakers at a food robotics event in San Francisco discussed the biggest challenges facing developers and users of robots and AI for cooking, delivery, and tracking.
2018 industrial robot sales barely eke out year-over-year gain
The IFR shared its annual look at global and regional demand for robots in manufacturing in conjunction with Automate/ProMat 2019. Slowdowns affected growth in some regions, but improving software and hardware capabilities could lead to new highs.
Schunk Expert Days reveal state of robotics
One of the things I like about attending Schunk’s annual two-day International Expert Days conference is that it covers a range of topics. From conversations with speakers, exhibitors, and fellow attendees, I get a feel for what users need and the challenges robot and gripper makers face in meeting those needs. Another attraction is that…
Enrico Krog Iversen’s Impact on the Robotics Industry
Denmark is a country with less than 6 million people but a very successful working robotics cluster that performs as a funder, equalizer and instigator. Denmark is 6th in global robot density (a measure of the number of multi-purpose industrial robots per 10,000 employees in the manufacturing sector) behind Korea, Singapore, Germany, Japan, and Sweden,…
Robotics fundings, acquisitions and IPOs: June 2018
Twenty-seven startups raised money in June to the tune of $2.1 billion, another great month for robotics fundings! Also during June there were ten acquisitions and two IPOs. See below for details. The top robotics fundings were: Rockwell (NYSE:ROK) made a $1 billion equity investment in PTC (NASDAQ:PTC), an automation control software provider to government…
Takeaways from Automatica 2018
Automatica 2018 is one of Europe’s largest robotics and automation-related trade shows and a destination for global roboticists and business executives to view new products. It was held June 19-22 in Munich and had 890 exhibitors and 46,000 visitors (up 7% from the previous show). The International Symposium on Robotics (ISR) was held in conjunction…
Robotics Fundings, Acquisitions and IPOs: May 2018
Twenty-seven startups were funded in May for a total of $2.5 billion. The top five were: Cruise Holdings announced a two-phase funding by SoftBank Vision Fund totaling $2.25 billion. $900 million will be funded right away. Future funding of $1.35 billion is contingent on two things: regulatory approval and at the time when Cruise AVs…
British robot-using online grocer licensing their technology to US Kroger chain
Ocado (LON:OCDO), the UK leader in home-delivered groceries from robot-run distribution centers, has established a licensing deal with US grocery chain Kroger (NYSE:KR) whereby Kroger will take a 5% stake in Ocado – an investment valued at ~$247.5 million and Ocado will help Kroger set up systems to manage online ordering, fulfillment and delivery operations utilizing Ocado-proven technologies. Ocado will see…
Warehousing, Fulfillment and DC Transformation Trends
E-commerce sales for 2017 were $453.5 billion in the U.S. and $1.1 trillion in China, an increase of 16.0% and 32.6% respectively over 2016. This upward trend is projected to continue for the next many years. Consequently flexibility and an ability to handle an ever-increasing number of parcels is of concern to warehousing, fulfillment and…
Robotics Fundings, Acquisitions and IPOs: April 2018
Twenty startups were funded in April 2018. Fifteen disclosed transaction amounts totaling $828 million of which the $620 million to SenseTime, the Alibaba-funded Chinese deep learning and facial recognition software provider focused on smart self-driving vehicle systems, was by far the largest. Year to date, fundings total $2.3 billion! Seven acquisitions also occurred in April.…
Teradyne acquires MiR for $272M, continues robotics spree
In a surprise but smart move, Teradyne (NYSE:TER), the American test solutions provider that acquired Universal Robots in 2015 and Energid Technologies earlier in 2018, acquired Danish MiR (Mobile Industrial Robots) for $148 million with an additional $124 million predicated on very achievable milestones between now and 2020. MiR was just returning from celebrating its 300%…
MODEX 2018: Old and new have never been so far apart
MODEX, ProMat and CeMAT are the biggest global material handling and logistics supply chain tech trade shows. But as I walked the corridors of this year’s MODEX in Atlanta, I was particularly aware of the widening disparity between the old and new. Stats: Material Handling and Logistics The 2018 MHI Annual Industry Report found that…
What’s all the fuss about AI, robotics and China?
In the constantly changing landscape of today’s global digital workspace, AI’s presence grows in almost every industry. Retail giants like Amazon and Alibaba are using algorithms written by machine learning software to add value to the customer experience. Machine learning is also prevalent in the new Service Robotics world as robots transition from blind, dumb…
Robotics Fundings, Acquisitions and IPOs: March 2018
Twenty-four startups were funded in March 2018 raising a combined total of $350 million. That brings the 3-month total to $1.5 billion! There was an additional funding of $2.5 billion to JD Logistics, an 81.4%-owned spin-off that is the logistics arm of JD, China’s 2nd largest online retailer. Funding came from Hillhouse, Sequoia, China Merchants,…
Chinese Mobile Robot Maker Geek+ Coming to America
Chinese artificial intelligence and robot maker Geek+ (Beijing Geekplus Technology) will be demonstrating its line of picking, moving and sortation robots April 9-12 in Atlanta, GA at MODEX, the largest supply-chain trade show in the Americas. Geek+ is a leading provider — and China’s #1 supplier — of warehousing and logistics solutions in China and…
Teradyne acquires Energid engineering firm and developer of robot control
Quietly, and under the radar with not a single press release from either party, Teradyne (NYSE:TER), the company that acquired co-bot maker Universal Robots in 2015, acquired another robotic property, Energid, a Cambridge, MA-based integrator, engineering firm and developer of robot control, simulation and machine vision software. No financial details regarding the acquisition were disclosed. Energid’s…
Jen Hsun Huang Keynote attracts thousands at GPU Conference
In a 2+ hour talk that filled the Keynote Hall and spillover rooms at the San Jose McEnery Convention Center and had thousands of people in line for hours before, Nvidia’s CEO Jen-Hsun Huang, in characteristic jeans, leather jacket, and humble humor, described the world of graphics processing units (GPUs) with brilliant images and memorable…
Quiet Inroads in Robotics: Vecna’s Story
Robotics is undergoing fundamental change in three core areas: collaboration, autonomous mobility and increasing intelligence. Autonomous mobility technology is entering the industrial vehicle marketplace of AGVs, forklifts and tugs with new products, better navigation technologies and lower costs. Forecasters Grandview Research and IDTechEx suggest that autonomous forklifts and tugs will emerge as the standard from…
10 Tech-Savvy CompaniesHunting for AI/robotics Talent and IP
Tencent, Alibaba, Baidu and JD.com from China are in a global competition with Google/Alphabet, Apple, Facebook, Walmart and Amazon from the USA and SoftBank from Japan. All are agressively searching for talent, intellectual property, market share, logistics and supply chain technology, and presence all around the world. These leading tech-savvy companies have many things in…
Medical Logistics Sectors Maturing and Experiencing Rapid Growth
Schunk annually puts on a service robotics program at their factory auditorium in Lauffin, Germany, a small town 50 miles north of Stuttgart. This was the fourth or fifth one I’ve attended and the conference has migrated to a slightly bigger auditorium containing seating and exhibitor space with adjoining registration, cloakroom, restaurant, and snack areas.…
Power transmission lines inspected by robots
In 2010 I wrote that there were three sponsored research projects to solve the problem of safely inspecting and maintaining high voltage transmission lines using robotics. Existing 2010 methods ranged from humans crawling the lines to helicopters flying close-by and scanning, to cars and jeeps with people and binoculars attempting to scan with the human eye.…
Robotics Fundings, Acquisitions, IPOs and Failures: February 2018
Twenty different startups were funded in February, raising $569 million; a substantial two-month start for the new year. Five acquisitions were reported during the month, while the IPO front had no activity whatsoever. CB Insights said that China dominated the funding of AI-related startups during 2017. So far in 2018, the China funding percentage appears…