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4 ways robotics, AI will transform industry in 2024

Robotics Business Review

It’s time to reflect upon the trends from the past 12 months while looking ahead at what 2024 has in store for the world of robotics. The emergence of artificial intelligence (AI) technologies, including generative AI, captured global attention and dominated headlines. 2023 was an exciting year for innovation.

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Europe has a key role to play in the development of robots, humanoids

Robotics Business Review

Europe is a major center of robotics development and use, according to Humanoid. and Asian companies in the humanoid robotics race, a silent revolution is brewing in the tech hubs of Europe, where cutting-edge startups are making remarkable strides in developing human-like robots. In the realm of autonomous vehicle , the U.K.-based

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8 noteworthy robotics acquisitions of 2023

Robotics Business Review

Below are eight robotics acquisitions, in chronological order, that stood out to us in 2023. Its preliminary view is the acquisition may restrict competition in the market for robot vacuum cleaners. Berkshire Grey produces a variety of robots that address use cases in retail, eCommerce, grocery, 3PL, and package handling companies.

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AI, Data and the Digital Manufacturing Future

Modern Machine Shop

Source: Getty Images Machining technology providers have offered hardware and software for collecting and managing manufacturing data for years, but IMTS 2024 marks what could be a sea change toward the next great leap in digital manufacturing technology: AI. in W192-C as part of the IMTS Conference.

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Top trends in 2024: Experts share key automation trends for Canadian manufacturers in 2024

Automation Mag

As manufacturers plan for 2024, industrial automation continues to evolve rapidly, driven by advancements in artificial intelligence, robotics, IoT (Internet of Things) and data analytics. Digital transformation investment is largely driven today by manufacturers’ increased focus on mining data for business insight.

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IN THE NEWS with Fastener News Desk the Week of September 9, 2024

Fastener News Desk

Welcome to your weekly roundup of the latest in fasteners—industry news, trends, upcoming events, and scholarships. Watch now on FastenerTV at Youtube: (15:57) IN THE NEWS… Fastenal Company reported August 2024 sales of $652 million, down 2.3% Let’s dive into this week’s episode of In the News with Fastener News Desk!”

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8 digital transformation trends driving the future of the industry

Nexus Integra

In addition, by 2024 industrial companies will reduce operating costs by 30%, by combining self-management technologies with redesigned operational processes and by 2025, more than 50% of companies will use a cloud option distributed in the location of their choice, which that will allow innovative and transformative business models.