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Teradyne robotics group lays off 10% of global staff

Robotics Business Review

Source: Universal Robots Economic uncertainty has taken a toll on the robotics industry, including leading vendors. ” At the same time, growing labor shortages in manufacturing, warehousing, agriculture, food processing, and construction should boost demand for automation in North America and Europe. Teradyne Inc.’s

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Data warehousing provides more than analytics benefits

Control Engineering

Data warehousing is helping companies overcoming a trend where data collection is outsizing storage infrastructure, which creates a strain on the system and slows operations down. If those things are the rocket ship that will carry the industry into the future, good data warehousing is the launchpad. Analytics Insights.

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Humanoid robots promise a multi-trillion-dollar market, but pose challenges

Robotics Business Review

Source: Agility Robotics As an early investor in Agility Robotics, now one of the world’s leading manufacturers of humanoid robots, I’ve watched as humanoids have evolved from a fascinating concept to reality over the past five years. This article is posted with permission.

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Manufacturers Must Close the Digital Transformation Gap

Gary Mintchell

The headline of this article comes from a survey conducted by MES solution provider Parsec Automation Corp. I’ve concluded that although manufacturers in general have digitized many sources of data they mostly fall short of gathering sufficient data from important sources and using that data intelligently in order to make better decisions.

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CIIF 2024 shows major robotics trends in China

Robotics Business Review

and higher to be used in more palletizing applications within industries such as chemicals, food and beverage, as well as warehousing and logistics. Automotive suppliers are even adopting “Go East” strategies to reduce investment costs in Europe by sourcing machines and robots from China.

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Random Thoughts About Reshoring and Buying American

Modern Machine Shop

The various savings from having manufacturing close — reductions in shipping cost, warehousing cost, lead time and supply chain risk, among others — likely sum to a value beyond 20% of the unit price. If the buyer is an OEM or Tier 1 supplier purchasing parts, this premium is probably a bargain.

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How to overcome obstacles to industrial data analytics

Control Engineering

Information technology (IT) and operational technology (OT) personnel can collaborate to implement industrial data analytics using combined knowledge about sources of data accessibility. Related data analytics articles. The final barrier is data warehousing. Everyone can benefit and has an interest in making this succeed.