Articles and News

Mobile robots will take logistics sector by storm, with a 10-fold investment increase predicted between now and 2024. COVID-19 will be a significant driver in long-term mobile robot growth. Sales of AMRs set to radically outstrip AGV revenues.

As industries strive to disrupt markets with new innovations, digitalization has proven to be a key driver in enhancing a company’s bottom line. The oil and gas industry is no exception.

Industrial Software company AVEVA announced the acquisition of OSIsoft famous for the PI Historian for the purchase price of $5 billion, expanding the company’s digitalization offerings.

AspenTech and Wood announced a new partnership that will offer Wood’s clients Aspen Mtell® asset performance management (APM) technology for predictive and prescriptive maintenance.

Attending the AVEVA World Digital Virtual Press Roundtable provided thoughts and insights about the impacts of the pandemic and recovery.

Telematics will evolve from being a “dot on a map” tracking solution to a digital automation platform that ultimately guides an effective and fast decision-making process.

Asset Performance Management 4.0 (APM 4.0) must assure all assets perform their intended duty as efficiently as possible for its whole lifecycle with minimal risks.

Productive Robotics releases Productive Analytics, providing real-time status monitoring for all OB7 cobots.

A new survey shows that manufacturers are facing continued economic challenges caused by the COVID-19 pandemic resulting in the need for Congress to continue to provide access to federal loan programs.

By Bill Lydon Time synchronization and accelerate the continued integration of Information Technology (IT) and Operational Technology (OT) groups. This trend has been facilitating changes in organizational structures, and the creation, in many cases, of integrated IT/OT groups.

During each one-hour session, industry experts will lead discussions about the latest technology developments in smart infrastructure and buildings. The free events will be held every other Tuesday, beginning on July 14, from 11 a.m. until noon.

By Bill Lydon, Implementing Digital Twin concepts is quickly becoming fundamental for organizations achieve real-time integrated manufacturing.

The Cobot Expo is free to attend and is open for anyone with an interest in collaborative robotics, July 28-30, 9am-4pm EDT. Attendees are invited to visit booths that feature new insights and resources on the most common cobot applications such as machine tending, packaging and palletizing, product inspection, assembly, welding, dispensing, and finishing.

By Antony Bourne This article highlights what he believes are three major ethical issues facing the industry, as manufacturers weigh up their AI investments and embark upon this new technological direction in the wake of the COVID-19 pandemic.

Remanufacturing enables existing robot users to sell inactive or legacy robots to ABB with an attractive buy back service, rather than scrapping them or leaving them unused in a corner of the factory.

In its new report, “Building Robotics Solutions,” Lux Research creates a framework for selecting robotics vendors based on the key capabilities and level of customization required.

By Jonathan Wilkins This article explains how the manufacturing industry can prepare for unanticipated periods of increased demand.

Bosch Rexroth has gathered experts from across the global Bosch organization, from July 13-16, to present topics that take attendees on an exploration of the Factory of the Future.

By Chris Turlica, MaintainX Modern factories are as sophisticated as any server farm or computer lab, and to keep them firing on all cylinders we’ll need high-tech solutions too.

ROI Lock is supported by an AA- rated global reinsurance company and will apply to eligible customers monitoring 50 or more assets for a minimum of 12 months.