Cisco Teams Up with Robotics Firm Fanuc for IoT

by Zacks Equity Research:  Technology giant and Dow component Cisco Systems, Inc. recently entered into a strategic alliance with a robotics company Fanuc America, thereby stepping up its efforts to make itself a key player in the Internet of Things (IoT) space. 

Per the alliance, Fanuc and Cisco have built an IoT system that enables Fanuc to monitor every robot on the factory floor. This way it can be determined whether a robot is likely to fail, so that a service technician can fix the equipment before it stops working.

This could save companies hundreds of dollars of fixing cost. Per Cisco CEO Chuck Robbins, downtime for these robots can cost a business $16,000 per minute. Therefore, the new system that offers predictive maintenance can be a big thing for some operations.

The companies are currently testing the system in a channel that comprises around 1,800 robots and includes Fanuc customer, GM. In this testing period, Fanuc says its customer has saved $38 million. Fanus has plans to expand the system to 2,500 robots by the end of the year. Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

E4T & S4T Miniature Optical Kit Encoders - Available in CPRs up to 500

E4T & S4T Miniature Optical Kit Encoders - Available in CPRs up to 500

High resolution. Limited space. Not a problem for our latest miniature encoders that provides precise feedback and is easy to install within smaller-sized applications. Now available in 400 and 500 CPRs. Coming in at about the size of a nickel, we've added our proprietary Opto-ASIC sensor technology and improved quadrature for even greater motion control. Product Features: 10 resolutions up to 360 CPR, plus new 400 and 500 CPR resolution; 288 configurations available, including single and differential output; Compact form factor • 0.866 inch (in) / 22.00 millimeter (mm) package outside diameter • 0.446 in / 11.33 mm package height • Fits NEMA 8, 11, 14 and 17 motors; Simple and efficient assembly process • Four-piece construction • Push-on hub disk design, patent pending; 100 kilohertz frequency response; Shafted version up to 0.25 in / 6.25 mm diameter.