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...
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.