Remove articles
article thumbnail

Connected and automated mobility revolution set to deliver £66 billion prize by 2040

SMMT

Tech could help save 3,900 lives and prevent 60,000 serious accidents – while adding 342,000 additional jobs, with 12,250 directly in automotive manufacturing by 2040. billion, and off-road logistics, including vehicles used in warehouses, ports and airports, worth £2.3

article thumbnail

IFR says harnessing AI in robotics can make work better

Robotics Business Review

That transformation is happening against the backdrop of global megatrends, including a shrinking global workforce , an increasing appetite for e-commerce, and a fundamental need for sustainability and resilience — including in supply chains. Editor’s note: This article was syndicated from the IFR’s blog.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Digital manufacturing, smart manufacturing, enable sustainability efforts

Control Engineering

Learning Objectives ZF Group, an automotive manufacturer, provides motion controls for automotive, industrial, wind power. 6-9, included discussions about digitalization helps optimize operations, helps with energy efficiency, workforce shortages, supply chain, climate change and cybersecurity. Courtesy: Mark T.

article thumbnail

What is supply chain?

Fastener News Desk

The supply chain is the interconnected journey that raw materials, components, and goods take before their assembly and sale to customers. McKinsey & Company – Listen to the article: What is supply chain? What is supply chain disruption? What are some supply chain risks?

article thumbnail

Cognitive Computing In Manufacturing

ATS

Recall 2019, pre-COVID — while the importance of the supply chain has long been recognized, most businesses did not have a plan in place to manage a sustained, global supply chain disruption. 2 mins | Research & Best Practices | Industrial Technology | Automotive. This severely affected 2020 and beyond.

article thumbnail

Automation mergers, acquisitions, capital markets analysis: September 2022

Control Engineering

Continual tracking of Mergers & Acquisitions and capital placement activity in the automation market (see prior articles linked below). Accenture (NYSE: ACN) has agreed to acquire Inspirage, an integrated supply chain specialist firm focused on Oracle technology. Five automation market observations. Samuel, Son & Co.,

article thumbnail

Collaborative robot market has strong long-term future

Control Engineering

A report by Interact Analysis indicates the future overall for the cobot market is strong as manufacturers continue to look to automation to improve their supply chain and logistics issues. There have been over a hundred large orders placed in the automotive and non-industrial sectors, driving down average prices.