Oscar Williams-Grut for Business Insider: Analysts at global investment manager Bernstein believe the "age of industrialization is coming to an end," with robots set to destroy manufacturing jobs globally.
That may not sound seismic. After all, the industrial revolution happened hundreds of years ago and manufacturing jobs have been the minority of all jobs in the West for decades. But Bernstein is arguing that the nature of capitalism is undergoing a fundamental change.
Analysts Michael W. Parker and Alberto Moel argue that Adam Smith's Wealth of Nations, the foundational textbooks of economics, is becoming redundant because of two trends: the rise of robotics and China's modernising economy. Cont'd...
Oriental Motor Announces Release of 120 W (1/6 HP) Brushless Motor & Driver with Optional Hypoid Right Angle JH Gear
Robotics startup Exotec raises $3.5 million to help warehouses pack and dispatch goods using mini robots
Paul Sawers for Venture Beat: A French robotics startup has raised €3.3 million ($3.5 million) to build and grow a fleet of mobile robots that help warehouses prepare orders for delivery.
The company was founded in 2015 by former GE Healthcare software architect Renaud Heitz and BA Systèmes technical director Romain Moulin, and Exotec Solutions (“Exotec”) robots have already been tested across a number of industries. With $3.5 million more in its coffers, the company expects to launch its first robot — called Exo — into the wild in early 2017. The most recent round was raised from 360 Capital Partners, Breega Capital, and a handful of its existing investors.
The miniature robots are being targeted at any logistics operator that relies on humans to traverse large warehouses picking items off shelves, and it promises to cut employees’ average daily distance covered from 15km to 4km per day and to “[double] the productivity” of each worker. The robots are controlled by what the company calls a “centralized intelligence system,” which liaises between the humans and the robots on the ground. Cont'd...
FANUC Robotics Integrator Remtec Automation Announces Growth in Automated Robotic Material Handling Projects
Records 1 to 15 of 1891