Company News

In line with current requirements in this age of digital manufacturing, the scientists from Stuttgart are presenting an intelligent interplay of different exhibits at the AUTOMATICA in Munich from 21st till 24th June 2016. Covering the fields of man at the workplace, products and automation, as well as IT infrastructure and networking, the exhibits demonstrate the added value offered by a production plant geared towards Industrie 4.0. At the Fraunhofer IPA booth, the four cornerstones of Industrie 4.0 can be experienced in various ways within the overall context of a digital production: a wide range of cyberphysical systems, a participatory platform, the Internet of things and services, and also a […] Read More

Big Market Research, has finally unveiled a study naming the prominent global logistics robots market players, business environment and industry scenario. The most noteworthy factors assessed during the study includes market overview and top vendor offerings in the sector for 2016 – 2020. As the robotic sector experiences more competition than ever and new enterprises keep popping up worldwide, the report captures some key drivers, restraints as well as opportunities shaping the industry’s future. Research analysts also recognize the recent innovation and groundbreaking uses of these logistics robots by assessing the ongoing changes in policies and new projects. The vendor list looks interesting as it features big names like ABB, […] Read More

Surgical Robotics Market is Expected to Reach $28.8 Billion, Globally, by 2020 – Allied Market Research According to a new report by Allied Market Research, titled, “World Surgical Robotics Market – Opportunities and Forecasts, 2014 – 2020,” the global sales of surgical robotic systems is projected to reach $6.4 billion by 2020. The gynecology application segment accounted for 28% share of the surgical robotic systems market share in 2014, and is expected to maintain its dominance during the forecast period. The complete report is available @ https://www.alliedmarketresearch.com/surgical-robotics-market Increase in adoption of advanced robotic surgery over conventional open surgery, growing count of surgical procedures, and rising incidence rates of gynecological, neurological […] Read More

Expands Allied Motion’s Product Offerings, Geographic Reach, Technical Sales and Systems Engineering Capabilities AMHERST, N.Y., Jan. 12, 2016 (GLOBE NEWSWIRE) — Allied Motion Technologies Inc. (NASDAQ:AMOT), a global designer and manufacturer of motion control products, announced today that it has completed the acquisition of Heidrive GmbH, a drive technology and engineering company for €20 million (approximately US$22 million).  Allied Motion announced on December 23, 2015 that it had signed an agreement to purchase Heidrive. Headquartered in Kelheim, Germany, Heidrive designs and manufactures customized, innovative synchronous motion systems for highly demanding applications from medical technology and robotics to cargo aviation and building technologies, as well as various commercial applications.  Its products […] Read More

Dublin, Dec. 18, 2015 (GLOBE NEWSWIRE) — Research and Markets (http://www.researchandmarkets.com/research/x9rng5/wearable_robots) has announced the addition of Wintergreen Research, Inc’s new report “World Wearable Robots, Exoskeletons 2015-2021: Market Shares, Market Strategies, and Market Forecasts for the $2.1 Billion Industry” to their offering. Wearable Robots, Exoskeletons at $16.5 million in 2014 are anticipated to reach $2.1 billion by 2021. New technology from a range of vendors provide multiple designs actually work. This bodes well for market development. Wearable Robots, Exoskeletons leverage better technology, they support high quality, lightweight materials and long life batteries. Wearable robots, exoskeletons are used for permitting paraplegic wheel chair patients walk. They are used to assist with weight […] Read More

The number of industrial robot installations to increase from 200,000 in 2014 to 416,000 in 2020, according to a report published at business insider. This is only normal as the demand grows as well as the capabilities of industrial robots increase to work at more variety of tasks. See detailed story here: http://www.businessinsider.com/foreign-robotics-find-success-in-china-2015-9 Read More

In an effort to facilitate learning of its AI platform Watson, IBM has bought a medical imaging company, in order to show its Watson lots (billions) of medical images, to improve its diagnostics ability. The system could prove very helpful in assisting doctors to make diagnostics. See details here: http://www.technologyreview.com/news/540141/why-ibm-just-bought-billions-of-medical-images-for-watson-to-look-at/ Read More

According to a new report by Allied Market Research entitled, “Global Robotics Technology Market- Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013-2020”, the global robotics technology market is expected to reach $82.7 billion by 2020, registering a CAGR of 10.11% during 2014 – 2020. The increasing demand for automation in all aspects of life has majorly contributed to the growth of robots. Rising labor costs has pushed organizations to automate their processes with the use of robots. Growing adoption of robots by SMEs will transform the market. Earlier, the robots were only restricted to manufacturing process. However, with the advent of advanced technologies, they are entering homes, offices, hospitals […] Read More

Our thanks to The Robot Report for providing us the article below: Santa Barbara, CA – Tuesday, June 16, 2015 – As of May 31st, equity fundings for robotics-related ventures totaled more than for all of 2014. A special Wall Street Journal report confirmed that money is flowing – liberally – for advanced manufacturing and robotics. Details of these stories, with photos and links, are in The Robot Report along with many other interesting and informative articles: Four trends show what’s hot in robotics. Results of the Amazon Picking Challenge and the DARPA Robotics Challenge and why they are important. Swiss robot manufacturer ABB launched a factory in the U.S. […] Read More

Apparently not being feasible enough, Microsoft decided to shut down its robotics division, IEEE reports. The company was known in robotics field, especially with its software, Microsoft robotics studio. We currently have no information if this software will also be discontinued or not. Currently it is a full functioning software and download is freely available. Read More