Remove 2021 Remove Automotive Remove Industry 4.0 Remove Logistics
article thumbnail

Cloud-based Technologies Can Drive the Future of Europe’s Automotive Industry

i4.0 today

In July 2021, the German Association of the Automotive Industry, known as Verband der Automobilindustrie (VDA), cut its forecast for production growth from 13 percent to 3 percent, citing supply-chain disruptions, including a shortage of semiconductors. billion pounds ($3.30 Euros) to costs. billion pounds ($3.30

article thumbnail

Bossard Acquires Penn Engineering’s® Distribution Business in Canada

Fastener News Desk

The company supplies industrial segments such as automotive, energy, agriculture, and appliances with innovative fastening solutions, and generates annual sales of around USD 25 million with 30 employees. additional growth in this strategic market located in the industrial epicenter of Canada. and logistic services.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ABB Acquires Sevensense, Expanding Leadership in Next-generation AI-enabled Mobile Robotics

i4.0 today

The acquisition follows ABB’s minority investment in Sevensense after it joined the company’s innovation ecosystem in 2021, the same year ABB acquired ASTI Mobile Robotics. Other automotive manufacturers will roll out the technology in the UK, Finland and Germany. Financial details of the transaction were not disclosed.

article thumbnail

Robotics and Automation in 2022 – Can They be a Hedge to Recession?

i4.0 today

This has made many large companies aware of the weaknesses of the current business model where manufacturing is outsourced, and global logistics is heavily needed. In 2020, the European Commission proposed its ‘Industry 5.0’ Compared with the ‘Industry 4.0’ plan that has been discussed for around a decade, Industry 5.0

article thumbnail

Detech and Panasonic Factory Solutions Announce a Collaboration to Benefit UK and Ireland Customers

i4.0 today

Panasonic Factory Solutions, a division of Panasonic Connect Europe and a leading company in Industry 4.0, Panasonic Connect Europe began operations on October 1st, 2021, creating a new Business-to-Business focused and agile organisation. About Panasonic Group. To learn more about the Panasonic Group, please visit: [link].

article thumbnail

Global Robot Report Highlights UK’s Urgent Need to Increase Automation

i4.0 today

A record 517,385 new robots were installed in 2021 – an impressive 31% uplift from 2020. But, from a UK perspective, the IFR results were more sobering.

article thumbnail

Panasonic Showcases Next Level Welding Solutions At EuroBLECH

i4.0 today

Panasonic Connect Europe began operations on October 1 st , 2021, creating a new Business-to-Business focused and agile organisation. Business and Industry Solutions delivering tailored technology solutions focused on Retail, Logistics and Manufacturing. About Panasonic Group. About Panasonic Connect Europe.