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Category Archives: Robotics
The labor crunch is helping to feed the rise of the robots: Morning Brief – Yahoo Finance
Posted: November 17, 2021 at 1:11 pm
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe
Tuesday, November 16, 2021
Last week, two separate but related labor market themes caught my attention.
After Thursdays news that employees walking off the job hit yet another record in September, a report from Reuters showed that North American companies added a record number of robots this year to bolster assembly lines, in a bid to alleviate the well-chronicled labor crunch (a hat tip on this article goes to economic commentator James Pethokoukis, who runs one of my favorite reads on the global economy).
Citing data from the Association for Advancing Automation, Reuters pointed out that industrial firms rang up nearly $1.5 billion worth of robots (29,000 to be exact) a whopping 37% more than the comparable period in 2020. Separately, Google Cloud research in June showed that two-thirds of manufacturers using artificial intelligence (AI) are relying more heavily on it.
The Morning Brief has ruminated about the impact of the labor shortage and its close blood relative, the Great Resignation. Connecting the seemingly disparate threads, it poses a burning question: Are workers reluctant to fill open jobs or stay put in them, for that matter sowing the seeds of humanitys eventual demise in the labor force?
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However irrational, the theme that human workers should fear the dawn of our robot overlords is hardly a novel one. Yet like everything else in the pandemic-era, the fallout from COVID-19 has poured accelerant on an already raging fire. With conditions worsening, we cannot help but wonder if workers are hastening the rise of automation in a way that displaces human labor but in a more permanent way?
Earlier this year, Yahoo Finances Dani Romero reported how stressed out restaurants, which have raised pay to little avail, are leaning on technology to meet heavy demand, and fill the gaps left by a shortage of employees.
By all indications, its becoming increasingly apparent that the worker shortage is hastening the rise of robotics and advanced technology to address demand that has mostly defied a slowing economy and the dramatic supply crunch.
In an appearance on Yahoo Finance Live last week, Brooklyn Dumpling Shop founder Stratis Morfogen waxed eloquent about his establishments use of self-ordering kiosks, powered by a smartphone app that lets the consumer grab and go in a creation he calls the Automat.
The centerpiece of the Automat is a contraption Morfogen described to The New Yorker as The Monster. The founder likened it to the conveyor belt that once bedeviled Lucille Ball in a classic episode of I Love Lucy.
For those who havent read, The Monster is a machine that can crank out tens of thousands of gourmet dumplings... in an HOUR. Chances are the machine wont demand time off, ask for a raise or be reluctant about getting vaccinated.
In fact, Morfogen is expanding the format to drive thrus, where tricked-out order technology will allow clients to come in and out of our drive-thru [while] having zero communication with our staff. Itll all be remote control, phone operated and with QR codes, Morfogen told Yahoo Finance.
COVID exposed a lot of [the restaurant industry]... we didnt even have an online platform for ordering, we didnt even have a social media presence, and I think hospitality learned their lesson, we have to embrace technology to make a model here, the entrepreneur said.
If we can get our payroll down to 15-20% instead of the industry normal of 32%, were not just saving one restaurant... were really changing the game on the industry for making it a more efficient model, Morfogen added.
Along with previously stagnant wages, the idea that robots are coming for all of our jobs has been a major labor market theme for at least a decade and is at least one reason behind why people found that viral video of a Boston Dynamics robot so frightening.
None of this obviates the need to pay workers fair wages, or treat them better. And theres only so much a robot can do, given that theres simply no equivalent for uniquely human qualities like empathy and situational judgment.
However, the longer workers quit, hold out, or put upward pressure on wages in ways that arent sustainable, the more we can expect employer desperation to grow in the face of resilient demand. And the more we can expect to see unsettling headlines about how the robot revolution think Amazons recently-announced Alexa-powered automaton, Astro is upon us.
You heard it here first.
By Javier E. David, editor at Yahoo Finance. Follow him at @Teflongeek
Economy
8:30 a.m. ET: Retail sales advance, month-over-month, Oct. (1.5% expected, 0.7% in Sept.)
8:30 a.m. ET: Retail sales excluding auto and gas, month-over-month, Oct. (0.7% expected, 0.7% in Sept.)
8:30 a.m. ET: Import price index, month-over-month, Oct. (1.0% expected, 0.4% in Sept.)
8:30 a.m. ET: Export price index, month-over-month, Oct. (1.0% expected, 0.1% in Sept.)
9:15 a.m. ET: Industrial Production, month-over-month, Oct. (0.9% expected, -1.3% in Sept.)
9:15 a.m. ET: Capacity Utilization, Oct. (75.9% expected, 75.2% in Sept.)
10:00 a.m. ET: NAHB Housing Market Index, Nov. (80 expected, 80 in Oct.)
Earnings
6:00 a.m. ET: Home Depot (HD) is expected to report adjusted earnings of $3.39 per share on revenue of $34.91 billion
7:00 a.m. ET: Walmart (WMT) is expected to report adjusted earnings of $1.40 per share on revenue of $135.69 billion
Politics
To keep selling his freshly signed Bipartisan Infrastructure Deal, President Joe Biden will travel to New Hampshire to visit a bridge on the states red list." The president is set to highlight how the $550 billion in new funding will go to projects like that bridge around the country.
On Capitol Hill, supply chain issues will be in focus with a hearing in the House Committee on Energy and Commerce on the subject of clean energy at 10:30 a.m. ET. Small businesses will also be in focus at 10:00 a.m. ET, with testimony from Small Business Administration Administrator Isabella Casillas Guzman.
European markets subdued as UK unemployment rate falls to 4.3% [Yahoo Finance UK]
Tesla's Musk sells $930 million in shares to cover stock option tax [Reuters]
Biden, Xi try to tamp down tension in long virtual meeting [AP]
Buffett's Berkshire cuts stakes in U.S. drugmakers, invests in drug royalty company [Reuters]
Transportation Secretary Pete Buttigieg on supply chains: 'There will be disruptions'
Richmond Fed's Barkin: Need a 'few more months' to evaluate inflationary pressures
Airlines prepare for the holiday travel crunch
Read the latest financial and business news from Yahoo Finance
Follow Yahoo Finance on Twitter, Instagram, YouTube, Facebook, Flipboard, and LinkedIn
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The labor crunch is helping to feed the rise of the robots: Morning Brief - Yahoo Finance
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Global Hospitality Robots Market (2021 to 2030) – Featuring Savioke, Connected Robotics and Maidbot Among Others – ResearchAndMarkets.com – Business…
Posted: at 1:11 pm
DUBLIN--(BUSINESS WIRE)--The "Hospitality Robots Market by Type and end user Sales Channel: Global Opportunity Analysis and Industry Forecast 2021-2030" report has been added to ResearchAndMarkets.com's offering.
The hospitality robots market was valued at $295.5 million in 2020, and is estimated to reach $3,083 million by 2030, registering a CAGR of 25.5% from 2021 to 2030.
From artificial intelligence chatbots to auxiliary robots, the hotel industry is developing robots to support customer service processes. Hotel robots are used to improve the quality of guest experience. Front desk robots have simplified the booking process. Due to the impact of COVID-19 on the hotel industry, the need to avoid human-to-human contact and labor shortages makes the introduction of robots into hotels and restaurants a new urgency. In the digital age of the hotel industry, huge change will happen to the emergence of hotel industry robots in 2030.
The current crisis opens up opportunities for artificial intelligence (AI), other technological advancements, and new prospects for robotics in the travel, tourism, and hospitality industries. The emergence of artificial intelligence makes robots have social intelligence and emotional maturity. Intelligent robots can decipher emotional signals and people's reactions. One interacts with humans through artificial intelligence (AI). These robots perform various tasks in the travel, tourism, and hotel industries such as providing security services, performing work related to housekeeping, delivery carrying luggage, and other daily tasks. COVID-19 has strengthened the industry through robotics. If the latest developments in robotics continue, it is expected that by 2030s, a quarter of hotel jobs in the U.S. will be automated. Attributed to the highly adaptable robotic technology of the tourism and hotel industries, the future travel experience may also change. The "travel guide" will include "travel robot destinations" in the post-COVID-19 world.
Robots have become a familiar part of a traveler's journey. According to CNBC, robots are offering contactless options to guests at airports around the world, including LaGuardia Airport in the U.S., Munich International Airport in Germany, and Incheon International Airport in Seoul airport check-in process. It goes without saying that guests would expect a similar experience when entering hotels, and this technology has several important advantages such as providing contactless experience. In the wake of the global pandemic, robotic technology can be an excellent option for providing touch-free and physical contact less services to guest and improving the overall health and safety throughout the hotel. Collectively, emergence of artificial intelligence and growing need to automate the services industries through robots are expected to garner the growth of the hospitality robots market during the forecast period.
The report segments the hospitality robots market into type, end user, sales channel, and region. On the basis of type, the market is categorized front desk robots, delivery robots, cleaning robots, and others. On the basis of end user, it is segregated into hotels, restaurants and bars, and travel and tourism industry. According to sales channel, it is bifurcated into online and offline. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, the Netherlands, and Rest of Europe), Asia-Pacific (Japan, China, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, United Arab Emirates, South Africa, and Rest of LAMEA).
Key Benefits
Market Dynamics
Drivers
Restraints
Opportunity
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/7b6k5n
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Robotics team in North Texas wins gold medals in international competition, competing for more honors – Star Local Media
Posted: at 1:11 pm
A robotics collective consisting of students from Plano ISD, Frisco ISD and Coppell ISD is gearing up for future championships after becoming the first American team to win a gold medal in FIRST Global, an international robotics competition.
The victory happened as the team, 8565 Technicbots, was appointed to represent the United States as Team USA in the Olympic-style competition. In this capacity, the Technicbots won three awards: a gold medal for the Discover and Recover Award, another gold medal for the Grand Challenge Award: Environmental Category and a silver medal for Global Challenge Award: Environmental Category. The former two awards were won in the teams partnership with Team Zimbabwe.
According to Fang Wang, a software engineer at IBM who works as the teams coach, the Technicbots were selected as Team USA after they won an honor dubbed the Inspire Award, which they won in 2018, 2019 and 2021.
Despite this slate of previous awards, Wang described the Technicbots Team USA selection as unexpected.
[When] they sent us an email saying, You are Team USA, we thought it was spam, she said.
The team consisted of 14 students from high schools in Frisco, Plano and Coppell. Over the duration of FIRST Global, the team was given three different challenges, the main one which involved creating a device to solve a real-world problem. For this endeavor, the Technicbots created a water robot that was designed to pick up plastic waste from oceans.
With FIRST Global having concluded this past fall, Technicbots is preparing for regional and national qualifiers that are slated to start as early as December and end in late April. The team also devotes time to outreach and charitable work through Flyset, a nonprofit organization started by the Technicbots that provides personal protective equipment to clinics and 3D prints face shields and ear guards for health care workers.
The team has different talents, Wang explained. Its kind of [like] running a small company.
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Smith+Nephew creates digital surgery and robotics innovation center in Germany – Mass Device
Posted: at 1:11 pm
Smith+Nephew (NYSE:SNN) announced today that it created a purpose-built digital surgery and robotics innovation center in Germany.
London-based Smith+Nephews new innovation center, based in Munich, aims to bring together healthcare professionals from Europe, the Middle East and Africa with the companys R&D and medical education teams to gain further understanding in digital surgery and robotics techniques and technologies.
According to a news release, Smith+Nephews Real Intelligence digital ecosystem will be at the center of the research, as well as the companys new CORI robot-assisted surgical system. The center will also feature a dedicated medical education facility for refining techniques and using the latest technologies with hands-on learning and immersive simulations.
Smith+Nephews digital surgery and robotics R&D team will also be housed at the center to allow for collaborations with surgeons, scientists and engineers. The company said many members of this team joined Smith+Nephew from Brainlab under a collaboration announced in 2019.
The facility is expected to open in late 2022 at the Rhythm complex at Kustermann Park in central Munich. Smith+Nephew recently opened a similar U.S.-based center in Pittsburgh.
We are excited to be announcing this state-of-the-art facility focused on the development and delivery of digital surgery technologies and techniques, Smith+Nephew EMEA President Peter Coenen said in the release. We look forward to sharing our plans as we progress our technology vision, and to welcoming customers to experience a new approach to medical education when we open next year.
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Smith+Nephew creates digital surgery and robotics innovation center in Germany - Mass Device
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CMUs new Robotics Institute director on the future of robot research – TechCrunch
Posted: at 1:11 pm
After two years serving in an interim capacity, Professor Srinivasa Narasimhan will be stepping aside as Carnegie Mellon welcomes the sixth director of its Robotics Institute. A graduate of CMUs School of Computer Science in 2005, Matthew Johnson-Roberson arrives at the school after stints as an associate professor of engineering at University of Michigans Department of Naval Architecture and Marine Engineering and the Department of Electrical Engineering and Computer Science.
Johnson-Roberson also served as a co-director of the UM Ford Center for Autonomous Vehicles, from whose office he fielded our call to discuss his plans for his new position, as well as what he believes the future will look like for robotic research.
TC: Youre currently in Michigan, working out of that new Ford wing?
MJR: Yeah, Im here and a few of the students are here. Just doing some robot stuff. Having a good time.
What has your focus been over there?
A number of different things, but its long-term, blue sky research for Ford. Theyre doing lots of work, as is Argo, on things that will come out on the roads, hopefully in the next six months to three years. Weve been looking much more at things that are five-10 years off of getting to the road. Thats one of the nice things about universities is we can take this blue sky approach to things, everything from weird new sensors to thinking a lot about human prediction and safety guarantees.
I see the Ford/U of M setup being a model universities increasingly look to. Universities especially those like CMU have a long history of wealthy benefactors. Do you see this kind of partnership being the model for university research going forward?
It reflects the sort of transformation that robotics has undergone in the past 20 years. So many of the technologies that were developed in the 90s and 00s are now reaching a level of maturity where they are getting rolled out in commercial products and making a big difference to the future of a lot of industries. I think its a natural extension of that. You begin to see relationships between universities and companies. Even if you look at Pittsburgh as a city, the transformation that its undergone from heavy industry focused around natural resources and steel, that transformation is only going to accelerate.
Part of my goal is to continue relations and build new ones. Beyond just industries, thinking about government and policy and all the other things that are now going to become more relevant for robotics making sure we make those relationships and build on the strengths of the technical work that already goes on at the institute. That is something Im particularly excited about.
In Pittsburgh, you have a number of these homegrown startups, but also big companies like Google coming in to be closer to the research and court graduates. What can CMU do to further foster a relationship like that?
Theyre opening a Waymo office to work with one of the professors at CMU, so you can see see that these relationships not just the faculty but the students. The lifeblood of all of these companies is new, highly trained employees, and anything you can do to get a leg up on recruiting and helping to build a culture that people want to come to is a huge advantage for these companies. You see them co-locating, sponsoring research, doing all of these things that are helping them to both develop new projects but also form new relationships with incoming students. The richest part of the university is that every year you get a new crop of some of the smartest people in the world.
Is part of your job going to be helping grow some of these startups natively within sort of the broader context of the university?
Yeah. Having had the opportunity to do a startup myself, I think knowing that theres this huge knowledge gap, that there are so many students that are so smart and have such big ambitions for the world, I think figuring out ways of helping them fulfill that is my role. One way that you just highlighted is startups. People talk about ecosystem a lot. Part of that is that there are other startups in the area, but secondly, you have a community where you can find likeminded people to do stuff with and build things.
Youre at the U of M, so youve seen some of the transformation thats happening in Detroit. Detroit may not be as far along as Pittsburgh, when it comes to fostering the startup community, but theres a lot of opportunity there. What role can the school play in keeping the talent that CMU attracts to the city?
There are a couple of things. One thing that I see as increasingly important is making sure that you acknowledge that the opportunities are out there. The speed and size of the robotics industry is accelerating at a pace I dont think any of us could have anticipated. An important part of this is acknowledging that and not trying to stay stationary. The industry is changing, the ecosystem around robotics is changing and the size and scale around these companies is changing. Lets figure out how to make this happen.
Robotics hasnt historically been the most inclusive field. What role can CMU play in that? I assume by the time most people enroll at a place like CMU, robotics has already been their focus for some time?
I want to leave as my mark on CMU in this time two things. One is to increase opportunities, make sure we are broadening participation and we are seeing representation in the field. Secondly, I think this is perhaps more important, is that universities are good at shaping the minds of young people. I couldnt imagine a better position to try and affect change on bringing more diversity and inclusion into robotics than being at the premier research institution for robotic research. That means youre at the genesis point for the next generation of roboticists.
Youre a good example of that you didnt start at CMU with robotics as a focus.
Exactly right. And Ill go a step further. When I got to CMU, I struggled. It was the first place Id ever been where everyone was smarter than me. That is what I think is really special about that place. Whatever happened, it didnt result in me quitting robotics, leaving and never coming back. And I think thats a testament to the people that were there then and are there now.
What excites you most in robotics, these days?
Were really at this inflection point when it comes to big, deployed robotic field systems out there in the world. One day, I want it to be that you look out your window, wherever you are in the U.S. and the world, and you see a robot doing something useful. Thats not the world we live in right now. If you go to a factory floor or a few other places, you can see a robot. Maybe you have a robot vacuum, but I want it to be at a point where you look out your window and see a robot.
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Global Mobile Robotics Market Opportunity Analysis and Industry Forecast 2021-2030: A $72.50 Billion Market by 2030 – ResearchAndMarkets.com – Yahoo…
Posted: at 1:11 pm
DUBLIN, November 15, 2021--(BUSINESS WIRE)--The "Mobile Robotics Market by Product, by Component, Application - Global Opportunity Analysis and Industry Forecast, 2021 - 2030" report has been added to ResearchAndMarkets.com's offering.
The Global Mobile Robotics Market size valued at USD 12.63 billion in 2020 is predicted to reach USD 72.50 billion by 2030, witnessing a CAGR of 21.4% from 2021-2030.
Market Dynamics and Trends
The global mobile robotics market is proliferating due to increasing adoption of mobile robots in various industrial, commercial, domestic, as well as military & defense sector. In addition to these factors such as, surging demand for mobile logistics in warehousing, agriculture, pharmaceuticals, and retail businesses; further supplements the growth of global mobile robotics market in near future.
Furthermore, growing demand for mobile robots in the military & defense sector for safety, the utilization of professional service robots deployed to serve various purpose in the battle-filed is gaining momentum, thereby propagating the growth of the global mobile robotics market.
However, high manufacturing costs and obstacles faced by mobile robots while working in untested environments, are expected to hinder market growth.
Moreover, factors such as increased partnerships and strategic collaborations among the market players, advancements in AI, IoT and robotics technologies, as well as rapid industrialization, are likely to create lucrative opportunities in the global mobile robotics market over the forecast period.
Scope of the Study
The global mobile robotics market has been analyzed based on product, component, application, and geography. Based on product, the mobile robotics market is segmented into ablation AUV, UGV and UAV.
Based on component, the mobile robotics market is fragmented into hardware, support & service, and software. The hardware segment is further sub segmented into sensors, actuators, power supply, and control system. Based on application, the mobile robotics market is bifurcated into entertainment, education, Logistics & warehousing, military & defense, healthcare, domestic, agriculture & forestry, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
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Geographical Analysis
North America region is expected to maintain its dominance in the global mobile robotics market throughout the forecast period, accounting for the highest market share. This is due to higher adoption of robotics technology, presence of technologically advanced robotics system, and major market players in this region.
Asia Pacific region is expected to hold the second-largest market share in the global mobile robotics market, owing to rapid industrialization, and untapped opportunities offered by the emerging economies present in this region.
Competitive Landscape
The mobile robotics market, which is highly competitive, consists of various market players. Some of the major market players include Boston Dynamics, Amazon Robotics, Honda Motor Co. Ltd, iRobot Corporation, Kuka AG, Lockheed Martin Corporation, Softbank Robotics, Ubtech Robotics Inc., Kongsberg Maritime, and Northrop Grumman Corporation among others.
KEY MARKET SEGMENTS:
Global Mobile Robotics market - By Product
Global Mobile Robotics market - By Component
Hardware
Sensors
Actuators
Power supply
Control system
Support & Service
Software
Global Mobile Robotics market - By Application
Logistics & Warehousing
Military & Defense
Healthcare
Domestic
Entertainment
Education
Agriculture & Forestry
Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/9abldv
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211115005781/en/
Contacts
ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900
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Filings buzz in the power industry: 59% increase in robotics mentions in Q2 of 2021 – Power Technology
Posted: at 1:11 pm
Mentions of robotics within the filings of companies in the power industry rose 59% between the first and second quarters of 2021.
In total, the frequency of sentences related to robotics between July 2020 and June 2021 was 329% higher than in 2016 when GlobalData, from whom our data for this article is taken, first began to track the key issues referred to in company filings.
When companies in the power industry publish annual and quarterly reports, ESG reports and other filings, GlobalData analyses the text and identifies individual sentences that relate to disruptive forces facing companies in the coming years. Robotics is one of these topics - companies that excel and invest in these areas are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.
To assess whether robotics is featuring more in the summaries and strategies of companies in the power industry, two measures were calculated. Firstly, we looked at the percentage of companies which have mentioned robotics at least once in filings during the past twelve months - this was 36% compared to 7% in 2016. Secondly, we calculated the percentage of total analysed sentences that referred to robotics.
Of the 50 biggest employers in the power industry, Kyushu Electric Power Co Inc was the company which referred to robotics the most between July 2020 and June 2021. GlobalData identified 18 robotics-related sentences in the Japan-based company's filings - 0.6% of all sentences. Tohoku Electric Power Co Inc mentioned robotics the second most - the issue was referred to in 0.4% of sentences in the company's filings. Other top employers with high robotics mentions included Ebara Corp, The Kansai Electric Power Co Inc and ABB Ltd.
Across all companies in the power industry the filing published in the second quarter of 2021 which exhibited the greatest focus on robotics came from FirstEnergy Corp. Of the document's 1,181 sentences, seven (0.6%) referred to robotics.
This analysis provides an approximate indication of which companies are focusing on robotics and how important the issue is considered within the power industry, but it also has limitations and should be interpreted carefully. For example, a company mentioning robotics more regularly is not necessarily proof that they are utilising new techniques or prioritising the issue, nor does it indicate whether the company's ventures into robotics have been successes or failures.
In the last quarter, companies in the power industry based in Asia were most likely to mention robotics with 0.09% of sentences in company filings referring to the issue. In contrast, companies with their headquarters in the United States mentioned robotics in just 0.01% of sentences.
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28 Aug 2020
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Robotics Powered by Cloud to Pave Way to Smart Robots – TechBullion
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Cloud computing technologies is poised to become pivot for next-gen robotics technologies. The intersection of robotics with cloud computing hardware, with deep learning technologies, IoT, and big data chipping in, has been expanding the horizon of the cloud robotics market. Cloud has extended compute resources and servers beyond imaginationevidently found in modern data centers.
The unprecedented growth of industrial robots has pushed cloud robotics to pay crucial role in real-time performance efficiency and accuracy of the robots. The vast potential of cloud storage in driving the vast volumes of on-board computation in robotics has paved way to new avenue in the cloud robotics market.
A number of initiatives by stalwarts with the likes of Google are expanding cloud robotics infrastructure. The ongoing projects are expected to create new frontiers in next-gen automation for manufacturing industries. In addition, the benefits of converged infrastructure and shared services under cloud models is slated to chart new trajectories in automation in multiple industries including healthcare, logistics, and defense and automotive.
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Cloud Robotics As-a-service to Open New Consumer Propositions
Two trends are central to expanding the business propositions for new product development in the cloud robotics market. The presence of open-source hardware and software and growing dollars committed toward crowd-sourcing of robotics funding in developed nations are enriching the prospects of the cloud robotics market.
The global worth of the market is anticipated to reach US$21.94 bn by 2024. Globally, the opportunities in Asia Pacific are expected to rise at a remarkable pace during the forecast period of 2016 2024. The growing spending on consolidating the next-gen 5G infrastructure has opened promise for cloud-based business models, where cloud robots-as-a-service will likely gather traction. Government and industrial clients in Asia Pacific are expanding their bets in Asia Pacific cloud robotics market. In the near future, businesses in the end-use industries will become receptive of the value propositions of robotics as a service (Raas) and platform as a service (PaaS). The growth potential is likely to be spearheaded by 5G, notably in industrial cloud robotics
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Robotics Powered by Cloud to Pave Way to Smart Robots - TechBullion
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PickNik Robotics’ MoveIt Studio Helps Organizations to Easily Command Complex Robotic Arms in the Most Challenging Environments | RoboticsTomorrow -…
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Software Platform is Ideal for Space Missions and Other Unstructured Environments that Need Reliable Remote Supervision
Boulder, CO November 17, 2021 PickNik Robotics, a leader in robotics software and engineering services, today announced additional details about its MoveIt Studio software platform and the availability of the beta version of the product. MoveIt Studio provides state-of-the-art motion planning software with an intuitive user interface that now makes it easy for robot operators to remotely manage complex robotic arms that require supervised autonomy.
Already being used by NASA and others, MoveIt Studio enables robot operators to specify complex sequences of motions for robots (e.g. Robonaut 2) in unstructured environments such as the International Space Station or the future Lunar Gateway. (In June 2021, PickNik was awarded an SBIR Phase II from NASA for robot arm motion planning in microgravity environments.) MoveIt Studio can also be used for subsea, defense/security, construction and home uses.
"MoveIt Studio enables the best of humans and robots combined," said Dave Coleman, CEO of PickNik Robotics. "We anticipate this software platform to have a huge impact on the space industry and other unstructured environments."
Benefits of Using MoveIt Studio Some of the many benefits of using MoveIt Studio are listed below.
Train operators faster. More intuitive and automated control interfaces reduce the need for highly trained operators and related costs. It also reduces cognitive load on operators.
Reduce research and development costs. MoveIt Studio leverages cutting edge approaches developed over the years for some of the best robotics companies in the world.
Complete projects faster. Robotic projects can get to market quicker with this pre-built platform.
Reduce latency. Operators can command robots from long distances by sending brief, high level user instructions that encode a highly reactive, rich command set.
Improve safety. Reduce the need for humans in dangerous environments by expanding robot capabilities.
Increase accuracy. Perform precise operations by relying on highly tuned, reactive algorithms rather than humans looking at 2D video feeds and picking joint angles.
MoveIt Studio is Based on the Widely Used MoveIt Framework PickNik Robotics also leads the development of the open source MoveIt project, a widely used robotic motion planning framework within the Robot Operating System (ROS). MoveIt is used heavily by companies and academics to enable robotic arms to interact and manipulate objects. It is now used worldwide in hundreds of robots, including projects by Google, Microsoft, Amazon, Fetch, Kinova and Franka Emika. MoveIt Studio extends MoveIt to give robot technicians access to the advanced algorithmic capabilities provided by MoveIt with an accessible user interface.
Availability of MoveIt StudioPickNik Robotics is actively working with several early customers to fine-tune the MoveIt Studio software platform. Companies and organizations interested in working with the MoveIt Studio beta can contact PickNik Robotics at hello@picknik.ai.
About PickNik RoboticsPickNik Robotics helps companies address the technical, cost and time challenges associated with the development of advanced robotic applications. Major robotics organizations, such as NASA, Google, Amazon, Kindred, and many others, have partnered with PickNik Robotics to develop robotic applications. PickNik Robotics also supports and collaborates with the worldwide open source robotics movement and is lead developer of MoveIt. Founded in 2015, PickNik is based in Boulder, CO. More information at http://www.picknik.ai
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How are Robotics Applications Gaining Popularity with Metaverse Technology? – Analytics Insight
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Metaverse is a parallel universe of a virtual world with the recent grand entry of Meta CEO, Mark Zuckerberg. The metaverse technology offers an immersive experience where anyone can visit with a smart glass or virtual reality headsets in a virtual or computer-generated universe. This online 3D virtual environment consists of multiple robotics applications with different kinds of robots. Robotics in Metaverse has recently started gaining popularity for their smart functionalities. Lets explore how these robotics applications are gaining popularity with Metaverse technology.
Meta is focused on developing a thin and replaceable robotics skin that can allow robots to feel objects and environments in the tech-driven future with the Metaverse technology. This robot is a combination of rubbery plastic (less than three millimeters thick) and magnetic particles with the integration of artificial intelligence to help it feel through the sense of touch. The plastic in this robotics application deforms and modifies the magnetic field after the robotic skin touches any surface.
There is a first-ever metaverse robot system in China with the integration of cutting-edge technologies like digital twin, augmented reality, virtual reality, artificial intelligence, IoT, and many more. These technologies are focused on creating the Metaverse with multiple robotics applications. There is a major pillar of metaverse technology with different levels holographic construction, holographic simulation, and the integration of virtual-real worlds. This metaverse robot system helps to connect and integrate virtual and real robots that are displayed synchronously.
A San Francisco-based platform known as Unity is focused on designing and training to metaverse through robotics applications and artificial intelligence. Hundreds of sensors and simulations can test software against immersive realistic and virtual worlds while teaching and training robots in a cost-effective manner.
Metaverse technology is growing at a rapid pace with a lot of immersive experiences, environments, and entities in a virtual world with the physical world. It is expected to be the future of the internet with interactive groups of the virtual world acting as the physical world and persistent in nature. NVIDIA Omniverse is present to create and connect two worlds within the metaverse with 3D assets and scene descriptions while Microsoft is working to build an enterprise metaverse. It is speculated that metaverse is suitable for training robots for efficient and effective robotics applications.
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How are Robotics Applications Gaining Popularity with Metaverse Technology? - Analytics Insight
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