Can China Conquer the leading role in the robotics market?

Facebook Twitter Linkedin An ambitious dream by china is to be the leader in the technology domain. So how can they not aim to conquer the leading position in the robotics market or industrial robotics markets? China is the largest market for industrial robots. However, the majority of the machines are manufactured in foreign countries. An area that they are eagerly awaiting to bring a … Continue reading Can China Conquer the leading role in the robotics market?

Cobots market overview with Esben Östergaard, Co-founder and CTO of Universal Robots.

“The cobot segment will grow larger than that of classic heavy industrial robots,” said Esben Östergaard, founder of robotics pioneer Universal Robots before the Handelsblatt Innovation Summit. As per Östergaard, a billion-euro market for cobots with “ 60 percent growth per year”. They are expecting a boom in collaborative robots. In 2005, he cofounded the cobot leader universal robots and in 2015 it got sold … Continue reading Cobots market overview with Esben Östergaard, Co-founder and CTO of Universal Robots.

What is Polestar’s strategy with sustainability efforts?

Polestar is a Swedish automotive brand by Volvo car’s partner Flash/Polestar Racing in 1996. In 2015, it got acquired by Volvo by 49.5%. It is headquartered in Torslanda outside Gothenburg, Sweden. The current CEO is Mr. Thomas Ingenlath 2017. Polestar is also said to supply Hertz with 65,000 battery-powered vehicles with a five deal and more than $3 billion of revenue… mentioned as potential revenue … Continue reading What is Polestar’s strategy with sustainability efforts?

Why do you think about machines replacing your job?

Well, the scenario of any Hollywood sci-fi movie showcases the situation of machines replacing human jobs as well as taking control of the world. Maybe it’s more like star wars, where machines are working in collaboration with the humans and are more friendly in approach rather than a competitor or enemies. As per the reports by the Institute for Labor Market and Vocational Research, more … Continue reading Why do you think about machines replacing your job?

Will automation result in a deserted smart factory?

A concern that has been raised with the rising of automation and its powerful ways to be more effective than humans. Every company wants itself to be on the top and automation seems to show the path. But Christoph Kübel, Bosch CEO says automation is for creating more jobs and not destroying them. An interview conducted by Zeit has been translated from German and also … Continue reading Will automation result in a deserted smart factory?

How strong Germany is in the platform economy?

As per IMD World Digital Competitiveness Ranking, Germany is not digitally competitive. The two main reasons, suppliers with no digital presence are losing their customers and those without a digital business model are going to be hit harder by the corona crisis. Even though with a strong foothold in industrial machinery products and the founder of Industry 4.0 leading into the internet of things. Germany … Continue reading How strong Germany is in the platform economy?