article thumbnail

2023 robot orders down 30% from 2022 in North America, according to A3

Robotics Business Review

economy, higher interest rates, and even the over-purchasing of robots in 2022 from supply chain concerns,” said Jeff Burnstein , president of A3, in a release. “While robot sales naturally ebb and flow, the return to more typical robot sales after the last two record years can likely be attributed to a few obvious issues: a slow U.S.

Robotics 100
article thumbnail

Accenture to acquire Eclipse Automation to help clients build smart factories

Automation Mag

With this acquisition, Accenture will offer automated production lines that leverage the cloud, data and artificial intelligence for smart and connected factories. The company makes automated manufacturing systems to produce sophisticated products for life sciences, industrial equipment, automotive, energy and consumer goods companies.

Insiders

Sign Up for our Newsletter

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

article thumbnail

PLASTICS Presents NPE2024 Education Sessions 

Mold Making Technology

NPE2024 is aiming to redefine the education experience for attendees through a new immersive learning journey on key topics in the plastics industry, such as workforce development, circularity and artificial intelligence (AI), among many others. thermoplastic alchemy, UV blockers, engineered thermoplastics and other topics.

article thumbnail

Make on-demand manufacturing easier and faster with RapidDirect

MEM

This may apply to clients who require bridging tooling while ramping up to high-volume production, who have experienced supply chain disruptions or whose demand for new or existing products is erratic or unexpected. How Does RapidDirect Affect Supply Chain? This is the best supply chain of the twenty-first century.

article thumbnail

Digital Transformation in Workspaces: SaaS Tools as an Effective Alternative

Frost & Sullivan Manufacturing

The market will continue to grow significantly in several industry verticals, including mid-size companies; banking, financial services, and insurance (BFSI); healthcare; education; travel and hospitality; retail and consumer goods; and professional services firms. economic downturn and disrupted supply chains) are not helping.

article thumbnail

Indian Economy and the Russo-Ukrainian War: Will it Be Short-term Pain, but Long-term Gain?

Frost & Sullivan Manufacturing

The alliance is set to enhance cooperation on 5G, artificial intelligence, climate modeling, and health technology and facilitate trade. 4] Fast Moving Consumer Goods. [5] 1] Frost & Sullivan Estimates. [2] 2] IMF World Economic Outlook April 2022. [3] 3] Reserve Bank of India. [4] 6] Frost & Sullivan Estimates.

article thumbnail

Back In Action: An MCMT Special

Dinesh Mishra

In addition to this, high demand in the consumer goods industry leads to high demand in the Die & Mould segment. Other segments like defense, railways, and capital goods industry also are contributing in a good way to the overall demand. Ltd: The future trends in machine tool that we can now expect that Industry 4.0