Found in News & Content, with a score of 5.37
…other player in the market outside of Amazon,” he said. “This growth financing enables us to rapidly deliver our premium solution to meet the expansion demand from existing customers, rapidly onboard our high volume of new customers, reach new partners, and accelerate our unique product roadmap with an expanded suite of software solutions and predictive analytics.” GreyOrange addresses 3PL labor woes As labor shortages, volatile lead times, global supply chain problems, and rising costs affect retailers, they are rapidly implementing…
Found in News & Content, with a score of 4.45
…exhibitors were Kiva Systems, now part of Amazon; RMT Robotics, now part of Cimcorp; and Seegrid. Each had a relatively small booth in which its vehicles moved on their own like oversized toys. While ProMat 2005 was all about RFID, AMRs were the hit of the 2007 show. Here’s what I wrote at the time: In 2007, RMT Robotics, Kiva Systems, and Seegrid introduced mobile robots to the industry. They were to AGVs [automated guided vehicles] what go-karts are to…
Found in News & Content, with a score of 4.00
…2020 by Caterpillar] and Dispatch [acquired by Amazon in 2017] exploring this space. Are there certain types of robots where you expect strong growth? Any that are overhyped? Sharma: Articulated robots: Robotic arms, also known as articulated robots, are fast, reliable, and accurate and can be programmed to do an infinite number of tasks in a variety of environments. They are used in factories to automate execution of repetitive tasks, such as applying paint to equipment or parts. In warehouses,…
Found in News & Content, with a score of 10.15
…autonomous defense systems, and more. From the Amazon Astro consumer device and the Perseverance rover on Mars to wireless factories, robots “promise to make our lives easier, but many challenges remain,” noted Dev Singh, senior director of business development and head of autonomous robotics, drones, and intelligent machines at Qualcomm. “We've made a $70 billion investment in compute, AI, and 5G,” he said in a press briefing. “Our expanded roadmap of solutions will help bring enhanced AI and 5G technologies…
Found in News & Content, with a score of 18.26
…comes new life. Last month, e-commerce giant Amazon.com Inc., already a major user and developer of robots, announced its new $1 billion Amazon Industrial Innovation Fund. Among the first five startups to receive investment was Vimaan Robotics Inc., which is developing systems for real-time visibility into inventory across the entire warehouse. “We were not actively soliciting an investment when approached, but when one of the largest and most innovative supply chain companies in the world recognizes the value in our…
Found in News & Content, with a score of 6.36
…concise and precise way,” he said. VandenBrook said interoperability is “critical” as companies such as Amazon and Shopify continue to invest billions to build up fulfillment centers. “As an ecosystem, clients are going to demand the best point solution for their operation in order to give them a competitive advantage in the marketplace,” he said. “I don’t see that changing in the future.”
Found in News & Content, with a score of 7.34
…maker Kiva Systems, which was acquired by Amazon and rebranded to Amazon Robotics. He is currently Sony’s AI America director and was inducted into the National Inventors Hall of Fame in 2020. Rick Faulk: CEO of Locus Robotics and former CEO of Quiet Logistics, with more than 30 years of experience in the logistics industry. Elaine Chen: a well-known roboticist, currently director of the Derby Entrepreneurship Center at Tufts University and former entrepreneur in residence at the Martin Trust Center…
Found in News & Content, with a score of 3.13
…near DCs operated by the likes of Amazon created labor challenges even before the pandemic. Adam Greenberg, founder and CEO of NorthShore Care Supply, opted for high levels of automation when he opened a new 173,000-sq.-ft. facility in 2020. The centerpiece was a robot-to-goods picking system designed by Numina Group that used autonomous mobile robots (AMRs) from Waypoint Robotics, since purchased by Locus Robotics. The ability of Waypoint's AMRs to carry up to 700 lb. was essential because NorthShore Care…
Found in News & Content, with a score of 13.83
…refine their capabilities, said the company. New Amazon fund joins investors DCVC and Playground Global led Agility Robotics' Series B round. Previous investors, including MFV Partners, ITIC, Robotics Hub, Safar Partners, Sony Innovation Fund, and TDK Ventures, also participated. “We’re deepening our investment in Agility Robotics because their robots solve the labor shortages plaguing businesses and wreaking havoc on supply chains,” said Matt Ocko, co-managing partner of DCVC. “Agility’s robots are designed to free people from repetitive or unpleasant tasks,…
Found in News & Content, with a score of 27.85
Amazon.com Inc. is not only a major user and developer of robotics, but it is also now an investor. BionicHIVE, which has developed an autonomous robot that works with existing warehouse infrastructure, today said it has received unspecified funding from the new Amazon Industrial Innovation Fund. “With Amazon’s funding and support, BionicHIVE is growing its team and operations, establishing [a] U.S. footprint to expand its customer base and scale go-to-market, as well as increasing R&D,” said Ilan Reingold, CEO of…
Found in News & Content, with a score of 3.75
…candidates for automation because they're labor-intensive. As Amazon has been growing, the number of its employees has grown alongside that of robots because of the growth in online ordering. The second is where there's a lack of qualified workers, such as in skilled trades for manufacturing. Robots are good candidates for repetitive tasks, such as welding, assembly, or machine tending. A CNC machine takes a block of metal and removes piece of it to achieve the desired shape. A robot…
Found in News & Content, with a score of 10.51
…operations. Most importantly, delegations from corporations including Amazon, CVS, General Electric, Target, and more were at MODEX, scouting out the latest tools, comparing notes, and looking to make deals on the show floor or at many dinners around Atlanta. In fact, some robotics vendors told me that they have already booked orders through next year. This was Robotics 24/7's first year at this event. After more than 50 appointments last week, here are some robotics takeaways from MODEX 2022 (see…
