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...
Japan is all set to welcome first ever Robot Development and Application Expo (RoboDeX)
The Expo is covering topics from development technology of robots to application of robots.
Wal-Mart Experimenting With Robotic Shopping Cart for Stores
Spencer Soper & Shannon Pettypiece for Bloomberg: Wal-Mart Stores Inc. is working with a robotics company to develop a shopping cart that helps customers find items on their lists and saves them from pushing a heavy cart through a sprawling store and parking lot, according to a person familiar with the matter.
Such carts are an emerging opportunity for robotics companies as brick-and-mortar stores look for innovative ways to match the convenience of Amazon.com Inc. and other online retailers, said Wendy Roberts, founder and chief executive officer of Five Elements Robotics.
Roberts, who spoke Tuesday on a robotics panel at the Bloomberg Technology Conference 2016, said her company was working with the "worlds largest retailer" on such a shopping cart.
That retailer is Wal-Mart, which is evaluating a prototype in its lab and giving feedback to the New Jersey robotics company, a person familiar said. Wal-Mart spokesman Ravi Jariwala said he couldnt immediately comment on the robotic shopping cart. Cont'd...
Gamma 2 Robotics Launches Fully Autonomous Security Robot, Partners with Hexagon Safety & Infrastructure
RAMSEE robot launched at HxGN LIVE, demonstrated with Hexagon software
Altair and Maplesoft Partner to Embed MapleSim Modelica Engine within Model-based System Development Technology
Altair joins the rapidly growing Modelica community for multi-domain simulation
Robotic Challenge 4.0
The robotics field is rapidly growing, especially in recent years. Robots take the place of humans in dangerous working environments. At the same time, they often outperform humans in their precise and fast working manner and are therefore, used in more and more areas.
Kickstarter - Embeddetech Introduces Virtuoso Software: The World's First Embedded Virtual Device Framework
Virtual embedded software development for professional and student designers of custom electronics, launching a Kickstarter campaign June 20th
Simbe Robotics Brings Autonomous Shelf Auditing and Analytics to the Food Retail Industry at FMI Connect 2016 in Chicago
FMI Connect showcases the ideas, products, partnerships and professional development for the retail food industry. Simbe will be showcasing Tally, the world's first robotic autonomous shelf auditing and analytics solution, in the conference Technology Zone.
Qmatic's Customer Journey Platform Integrates Humanoid Robot to Serve Customers and Improve the Customer Experience in New Elisa Flagship Store
Elisa is the first retailer in northern Europe to use a humanoid robot in a live retail environment as key part of the customer journey aimed at enhancing personal and engaging interactions with customers.
Google's developing its own version of the Laws of Robotics
Graham Templeton for ExtremeTech: Google’s artificial intelligence researchers are starting to have to code around their own code, writing patches that limit a robot’s abilities so that it continues to develop down the path desired by the researchers — not by the robot itself. It’s the beginning of a long-term trend in robotics and AI in general: once we’ve put in all this work to increase the insight of an artificial intelligence, how can we make sure that insight will only be applied in the ways we would like?
That’s why researchers from Google’s DeepMind and the Future of Humanity Institute have published a paper outlining a software “killswitch” they claim can stop those instances of learning that could make an AI less useful — or, in the future, less safe. It’s really less a killswitch than a blind spot, removing from the AI the ability to learn the wrong lessons. Cont'd...
Vyo Is a Fascinating and Unique Take on Social Domestic Robots
Evan Ackerman for IEEE Spectrum: A group of researchers including Michal Luria, Guy Hoffman, Benny Megidish, Oren Zuckerman, Roberto Aimi, and Sung Park from IDC Herzliya, Cornell, and SK Telecom have developed a prototype social robot called Vyo. Vyo is “a personal assistant serving as a centralized interface for smart home devices.” Nothing new there, but what sets Vyo apart is how you interact with it: it combines non-anthropomorphic design with anthropomorphic expressiveness and a tactile object-based control system into a social robot that’s totally, adorably different. But is it practical? Full Article:
FloorBotics Announces the Successful Design and Prototyping of a Revolutionary Floor-Sanitizing Robot
Product design company, Creative Edge Products, recently completed the designing and prototyping of SaniBot® for a leading robotics company in the cleaning industry, FloorBotics, Inc. The revolutionary new robot offers a remarkable automated, hands-free way to reliably sanitize floors where they are needed most - at schools, hospitals, day care centers, and other public institutions.
RIA to Present 2016 Engelberger Robotics Awards to Dr. Chia Day and Dean Elkins
Ceremony Set for June 21st in Munich in conjunction with Automatica and the ISR
GeckoSystems Reports Net Profits from New Japanese Robotics Joint Venture
"Certainly I am pleased with my second trip to Japan in the last eighteen months. Not only did I strengthen existing relationships and develop two new, strategic ones, but consummated one significant licensing agreement, to be followed by more in the coming days and weeks," reflected Spencer.
Modular EtherCAT Robotic Solution Kicks R&D in High Gear to Fuel Robot Boom
NEXCOM EtherCAT robotic solution, NexROBO, introduces openness and modularity to the rigid robot architecture, unleashing possibilities for in-house development, add-on functionality, and reconfiguration of robots.
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