How many start-ups are invested in AI and Robotics?

The following survey shows that the USA is leading in the AI and robotics-related Started up. The maximum start-ups’ growth can be seen in California compared to any other state. Ubtech Robotics The company is headquartered in Shenzhen, China. The focused area is AI and Robotics. The major investors are CDH Investments, CITIC Securities, Green Pine Capital, Minsheng Securities, Qiming Venture Partners, and Tencent Holdings. … Continue reading How many start-ups are invested in AI and Robotics?

How many start-ups are invested in cloud computing technology?

The major cloud computing startups are from the USA. The next following countries are Mainland China, Israel, and Canada. Pivotal The company is headquartered in California, USA. The major investors are EMC, Ford Motor Company, GE, Microsoft, and VMware. DigitalOcean The company is headquartered in New York, USA. The major investors are Access Technology Ventures, Barclays Investment Bank, East West Bank, Fortress Investment  Group, HSBC … Continue reading How many start-ups are invested in cloud computing technology?

How IoT is shifting the nature of the factory works?

 The collaboration of the Internet of things and robotics on a real-time basis has influenced human collaboration on a different level. A new era of humans and robots are working together on a collaborative project with the repetitive task being done with efficiency due to automation. The automated projects supported the manpower from manual work to highly skilled jobs. The productivity of the repeated task … Continue reading How IoT is shifting the nature of the factory works?

What is the future of digitalisation in different countries?

The era of digitalisation got a firm hold in developed countries as well as in developing countries. It is not just about sensors or tracking devices trying to interact with each other. The technology Is not limited to just warehouses. But expanded to different sectors and technological fields. The key technologies are from predictive analytics to cyber chain or blockchain technologies. The key technologies in … Continue reading What is the future of digitalisation in different countries?

How industrial ecosystem is impacted by digitalization?

An industrial ecosystem is known to include all the major players from value chain operating systems, small start-ups to large companies, academic to the research field, service providers to suppliers. The different sectors operating with industrial ecosystems are:- Tourism Aerospace & Defence Retail Digital Creative & Cultural industries Textiles Proximity & Social Economy Construction Energy-intensive industries Electronics Agri-Food Renewable Energy Mobility, Transport & Automotive Health … Continue reading How industrial ecosystem is impacted by digitalization?

How is digitalization disrupting the other manufacturing process?

The area of digitalization in the manufacturing process involves the collaboration from artificial intelligence, the internet of things, industrial robots, and even another industrialized process. The impact of digitalization or industry 4.0 is not limited to engineering products but also business operations. The major three areas of the impact seen by the digitalization are:- Design and manufacturing: The efficiency in design can be seen due … Continue reading How is digitalization disrupting the other manufacturing process?

What is next in Industry evolution?

The progressive nature of humankind is due to its evolutionary process. Those who survived were able to live to tell the next generation. So, does the industrial machinery world. With every decade, technologists or engineers are eager to jump on to the next stage of the evolutionary process. The end of the 18th century witnessed the beginning of the first mechanical weaving loom. The beginning … Continue reading What is next in Industry evolution?

What is the market size for smart factories?

The projected global smart manufacturing market size in 2023 is expected to be 479.01 billion US dollars. The global automation factory market from 2019 to 2021 can see a good amount of growth. The growth can be observed from 3% to 3.5%. The global smart factory market size in different industries in 2020, In my opinion, the industries will extend into agricultural, renewable energy, or … Continue reading What is the market size for smart factories?

Schneider Electric or Mitsubishi Electric Corporation?

A multinational French company, Schneider Electric SE (Societas Europaea) provides energy and automation digital solutions. The company is known for its efficiency and sustainability. The target areas are homes, buildings, data centers, infrastructure, and industries. The service caters are energy technologies, real-time automation, software, and services. A fortune Global 500 company and trading publicly on the Euronext Exchange. It is also issued in Europ Stoxx … Continue reading Schneider Electric or Mitsubishi Electric Corporation?

Is ABB ahead of Rockwell Automation?

One of the pioneer American industrial automation provider and information technology companies, Rockwell Automation, Inc., includes Allen-Bradley and Factory Talk software. Rockwell Automation, Inc originated in the year of 1903 The headquarter is in Milwaukee, Wisconsin. It has been on the list of Fortune 500 companies. The products offered by Rockwell Automation are control systems, industrial control components, information software, motor control devices, sensing devices, … Continue reading Is ABB ahead of Rockwell Automation?