Found in News and Content
…injected into the economy during COVID-19 led to an inflationary effect, which could become intrinsic, but the central banks will have to see. Was Shopify's sale of mobile robot company 6 River Systems to Ocado (itself said to be up for purchase by Amazon.com) a sign of weakness in certain segments? Sharma: Supply chain issues were a big problem during…
Found in News and Content
While the COVID-19 pandemic increased interest in robots for disinfection and social distancing, robots also promise to help shorthanded hospital staffs diagnose patients while reducing the spread of pathogens. Touchlab yesterday said that a hospital in Finland is using its Välkky system, which is designed to give remote clinicians a sense of touch. “In the past, telerobots have been limited…
Found in News and Content
…headwinds including trade conflicts, the COVID-19 pandemic, labor shortages, and now inflation and less-available venture capital. How can startups proceed? Singh: We invest for long-term trends, but they have to be mindful of the need to raise money every 18 to 24 months. We continue to look for new approaches and make investments, but we need to make sure there's…
Found in News and Content
…travel restrictions due to the COVID-19 pandemic. They allowed 31 teams from 40 universities across four continents to test their artificial intelligence drivers and determine their readiness to compete in on-track competitions. The IAC said it plans to re-launch its simulation races with AWF “to expand the number of university teams developing and training novel AI driving algorithms.” The SIM…
Found in News and Content
…the e-commerce boom during the COVID-19 pandemic. That said, the largest AMR and ASRS providers still had a strong presence, such as Locus Robotics, Mobile Industrial Robots, and AutoStore. The trends toward heavy-duty mobile robots for palletizing, such as those from Zebra Technologies, and robots for reaching high storage, such as from Hai Robotics and Exotec, were also in evidence.…
Found in News and Content
…primarily driven by the global COVID-19 pandemic and advancements in autonomous cleaning technology. Sales of professional service robots rose an impressive 41% to 131,800 units in 2020 and are expected to grow by double-digit rates on average every year through 2024, the Federation reports. The Positive of Robots in the Workforce There are many reasons for robots assisting cleaning tasks…
Found in News and Content
…robot sales rebounded after the COVID-19 pandemic. Click on image to enlarge. Source: IFR Automate will return The IFR released its North American robotics report during Automate, which the Association for Advancing Automation (A3) claimed is “the largest robotics and industrial automation trade show in North America.” A3 last week reported that North American robot orders declined in the first…
Found in News and Content
…fiscal year) the year previous. “Covid-19 drove historic investments in the market, which we recognized as unsustainable,” comments Hasan Dandashly, Dematic’s president and a KION executive board member. “Throughout this period, Dematic grew above the market. This year, we’ve faced both external and organic challenges, as global geopolitical and macroeconomic developments accelerated volatility in our supply chains, which led to…
Found in News and Content
…operations has continued as the COVID-19 pandemic abated and in spite of recessionary fears. For example, DHL Supply Chain this week said it will be growing its fleet of autonomous mobile robots, or AMRs, from Locus Robotics. At the same time, some AMR users faced more uncertainty with the news of Shopify Inc.'s layoffs and sale of 6 River Systems…
Found in News and Content
…Pandemic poses competitive lessons The COVID-19 pandemic provided many lessons on how to manage facility development and how to reduce the risk of entry during periods of economic uncertainty, said Hai Robotics. Back in 2020 to 2021, many businesses held off purchasing robots and automation, it recalled. Then, when those businesses returned to their advancement plans after the initial COVID…
Found in News and Content
…e-commerce growth slowed because the COVID-19 pandemic abated. Examples included Seegrid and IAM Robotics. In January, 6RS announced integrated offerings with Soft Robotics, Fast Lane and Packout. Source: 6 River Systems Experts react to 6 River Systems news Robotics 24/7 asked the following experts about their thoughts on 6 River Systems changing hands and trends in the wider mobile robotics…
Found in News and Content
…at the peak of the COVID-19 pandemic, it fell to 12.2% in 2021, according to the International Monetary Fund. As a result, both online retailers and robotics suppliers have had to diversify income sources. 6 River Systems welcomes new owner Ocado Founded in 2015, 6 River Systems (6RS) has developed the Chuck autonomous mobile robots (AMRs) that work with human…
Found in News and Content
…after the worst of the COVID-19 pandemic. This was likely the result of recent layoffs and the meltdown of Silicon Valley Bank earlier in March. However, there were still many booths worth seeing, and we saw prospects from major consumer packaged goods, third-party logistics providers (3PLs), and the world’s largest e-commerce retailers on the show floor. Robots could be seen…
Found in News and Content
…ProMat, dominated first by the COVID-19 pandemic and then followed by the war in Ukraine and rising geopolitical instability. Since last spring, rising inflation and interest rates have been on consumers' and businesses' minds. As a result, companies aren’t just out to automate select tasks; they are also after greater operational agility and real-time analytics to help contain costs while…
Found in News and Content
…The trend up to the [COVID-19] pandemic was just-in-time inventory and to store as little as possible. The assumption was that manufacturers could pump out products and get them to customers as fast as possible. When the pandemic hit, not only were manufacturers struggling to ramp up to meet demand, but they needed overflow space. It changed customer behavior, and…
GENISOM AI makes ICRA debut at conference in Vienna
World's first omni-modal evaluation including tactile sensing for…
Ultrasonic sensing enhances robotics perception
Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events