Found in Robotics News & Content, with a score of 3.50
November 02, 2022
…last-mile perspective instead of coming out of like an Amazon mega fulfillment center,” Cherewka added. He acknowledged that e-commerce volumes are down a bit compared with last year and 2020, but volumes remain high overall. “I think one of the 3PL [third-party logistics] sites we're at, their peak volumes goes up 6x around this time of the year, so it is still as crazy as ever, maybe not just as crazy as last year,” said Cherewka. Autonomous forklifts grow in popularity Like OTTO Motors, Vecna’s counterbalanced forklift has been very popular. It has become the company’s most popular lift truck,…
Found in Robotics News & Content, with a score of 3.49
September 19, 2022
…and MassMEC. Local technology companies also had booths, including Amazon Robotics, which has a facility in Westborough, Mass., as well as Pison, Synagex, Tulip, and 6K. Attendees saw some manufacturing technology in action at the Innovation Center. The FORGE Showcase area featured 20 of the supply chain nonprofit’s manufacturing partners. New this year, over 300 students from the state's Innovation Pathways high schools, community colleges, and universities were also invited to attend. They also participated in a series of STEM (science, technology, engineering, and mathematics) challenges. Massachusetts state Rep Jeff Roy, D-Franklin, and state Sen. Eric Lesser, D-Longmeadow, chairs of…
Found in Robotics News & Content, with a score of 3.47
July 19, 2023
…distribution needs. On top of it all, add the Amazon effect. Households around the world have come to expect everything to be delivered to their door with a few mouse clicks. To support all this and compete reasonably in such a go-go world, new innovations and technologies are quickly being embraced. AMRs are such an innovation that help build efficiency and can pay for themselves in due time - especially for a busy facility or other logistics landscape that can make great strides when properly programmed AMRs come into their facility. Retail also stands to benefit from AMRs It's not…
Found in Robotics News & Content, with a score of 3.46
October 04, 2022
…to reserve a percentage for high-touch customers,” she added. “Amazon and others aren't doing that. ShipHero and inVia enable an autobagger to push workers doing motonous things to higher-paying custom work such as returns.” With its WMS, ShipHero already collected a lot of data before its partnership with inVia, said Barnett. “What is the most helpful data we can push back to a 3PL and its merchants?” she said. “We have a Replenishment Report tool. We put in one 25,000-sq.-ft. area everything that should moving out with inVia in one day. Moneymaking spaces are the key to profitability.” “The great…
Found in Robotics News & Content, with a score of 3.43
November 08, 2021
…on the market and could enable new applications. “At Amazon's re:MARS conference in 2019, Jeff Bezos said that people 40 years ago thought that the hardest challenges would be in artificial intelligence and machine learning,” recalled Zakareya Hussein, CEO of Touchlab. “Many of those have been addressed, but grasping is still hard.” “We were approached by clients trying to solve the grasping problem,” he told Robotics 24/7. “We're aware that physical robots are the future and looked the tiger in the eye. With electronic skin, we can enable robots to pick and place fresh produce.” Why touch matters Robotics designers…
Found in Robotics News & Content, with a score of 3.36
January 25, 2019
…In these cases, a human double-checks the robot’s work. Amazon, through its acquisition of Kiva Systems, is a leader in the use of robots in fulfillment and boasts more than 80,000 robots across 25 centers. With robots, Amazon has been able to reduce delivery times, improve productivity and cut operating costs (Santagate 2018). Apparel: Sewbots are helping to decrease costs and promote worker safety in the clothing supply chain. These robots are a combination of artificial intelligence, robotics and 3D printing (Lennane 2018). Once sewbots are implemented, customers can interact with them via an app to order custom-made clothing. The…
Found in Robotics News & Content, with a score of 3.34
May 08, 2023
…very few of them are currently profitable. Consolidation continues Amazon.com purchased Kiva Systems for $775 million in 2012, reserving its platforms for internal use only and helping to create the category by showing the “art of the possible” and forcing retailers to look for alternatives. Shopify's acquisition of 6 River Systems (6RS) for $450 million in 2019 was one of the largest transactions to date in this space. More recently, there were several mobile robot mergers and acquisitions (M&A) in 2021. Transactions included Zebra Technologies buying Fetch Robotics for $290 million, ABB Group acquiring ASTI Mobile Robotics Group for $190…
Found in Robotics News & Content, with a score of 3.34
March 08, 2022
…to the body much in the way that AWS (Amazon Web Services) has done for web applications and digital applications,” he added. Robison noted that the FDA is aligned with the company’s vision because they’ve already provided regulatory guidance work concerning software as a medical device. Building hardware is much more expensive than developing software, he said. He estimated that on average it takes six years and $30 million to bring a medical device to market. “If you can bring that to market at software speeds and software costs, we can have this real explosion of new and innovative solutions,”…
Found in Robotics News & Content, with a score of 3.33
December 17, 2021
…area with a large blue-collar labor force,” Greenberg said. Amazon, Uline, and Medline operated large DCs nearby, competing for available warehouse labor, he added. “We were struggling to find people looking for a permanent job, and temps wanted to jump from warehouse to warehouse,” he recalled. “That was a challenge for the five years before COVID-19.” Cartons are conveyed to a palletizing cell. Source: NorthShore Care Supply Robots grow with inventory Fast forward to July 2021, when I toured the Green Oaks facility once again. The AMRs were still traveling through the aisles, associates were busy picking to the robots…
Found in Robotics News & Content, with a score of 3.33
February 07, 2022
…in online retail. In fact, e-commerce providers such as Amazon.com, Asos, and Zalando have found AI and deep learning departments essential. Why do they invest in machine learning (ML)? It can helps them better understand their clients, customize offers for particular buyers, and automate manual tasks. Machine learning allows online stores to be upgraded with smart on-site search, personalized ads, and intelligent chatbots. That’s why you should integrate it into your website, the Magento “headless commerce” architecture or a headless platform on another content management system (CMS), or even in brick-and-mortar store. Here are three ways to use machine learning…
Found in Robotics News & Content, with a score of 3.28
December 02, 2019
…market space. The landscape was set on fire when Amazon acquired Kiva Systems for $775M in 2012, thereby leaving a gap on the market. Today, significant well-funded alternatives such as GeekPlus (389$M), GreyOrange (170$M), and HIK Vision ($6Bn revenue) have emerged, achieving promising and growing deployment figures. The number of start-ups has also increased, especially between 2015-2017. We forecast the annual unit sales to double within 6 years. Despite the large deployments already, we assess the real global inflection point to arrive around 2024. Indeed, our report forecasts that between 2020 and 2030, more than 1 million such robots will…
Found in Robotics News & Content, with a score of 3.25
February 08, 2021
…suffered hard under the crisis, leading online marketplaces like Amazon and Alibaba were able to expand their market shares during the lockdown and increase online sales during Black Friday, Cyber Monday, and other e-commerce peak seasons around the globe. China’s online giant, the Alibaba Group, generated a growth merchandise volume (GMV) of $74.1 billion during the 11-day “Global Shopping Festival” campaign in November, an increase of 26% compared to the same timeframe in 2019. In the meantime, Cainiao Network, the logistics arm of Alibaba Group, processed more than 2.32 billion delivery orders during the same period. Alibaba’s revenue for the…
