Amazon's $775 million deal for robotics company Kiva is starting to look really smart

Eugene Kim for Business Insider:  It wasn't until 2014 that Amazon really started to use the machines made by Kiva, the robotics company it bought for $775 million in 2012. Kiva makes robots that automate the picking and packing process at large warehouses.

But in the short two years they've been deployed across Amazon's warehouses, Kiva's robots have been a real cost saver, according to a new note published by Deutsche Bank on Wednesday.

The note says Kiva robots have cut operating expenses by about 20%, quoting Amazon exec Dave Clark, adding that it would translate to roughly $22 million in cost savings for each fulfillment center. 

Additionally, Deutsche Bank estimates Amazon could cut another $800 million in one-time cost savings once it deploys more Kiva robots across the 110 fulfillment centers that don't have them yet. Amazon uses Kiva robots in only 13 of its fulfillment centers currently.  Cont'd...

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ST Robotics Develops the Workspace Sentry for Collaborative Robotics

ST Robotics Develops the Workspace Sentry for Collaborative Robotics

The ST Robotics Workspace Sentry robot and area safety system are based on a small module that sends an infrared beam across the workspace. If the user puts his hand (or any other object) in the workspace, the robot stops using programmable emergency deceleration. Each module has three beams at different angles and the distance a beam reaches is adjustable. Two or more modules can be daisy chained to watch a wider area. "A robot that is tuned to stop on impact may not be safe. Robots where the trip torque can be set at low thresholds are too slow for any practical industrial application. The best system is where the work area has proximity detectors so the robot stops before impact and that is the approach ST Robotics has taken," states President and CEO of ST Robotics David Sands.