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        Sight Machine, a Big Data analytics company, has announced a partnership with LS Electric, a power and automations solutions provider, to establish an AI-based Big Data analytics platform for the manufacturing and energy sectors.
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        The collaboration will involve various aspects of integrated platforms for the manufacturing and energy market, such as analyzing data connectivity, using AI for predicting manufacturing process control values, and constructing Big Data analysis platforms to enhance smart manufacturing and energy efficiency.&nbsp;
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        This collaboration seeks to leverage both companies' solutions and global sales networks to capitalize on opportunities in the smart factory and ESG-related data analytics platform market.&nbsp;
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    <a href="http://www.koreaittimes.com/news/articleView.html?idxno=125215">
      Korea IT Times
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Smart Factory

DISRUPTOR_PRESENT

PROMINENT_CATEGORY

Sight Machine has partnered with LS Electric to develop an AI-based Big Data analytics platform for the manufacturing and energy industries. The partnership will focus on analyzing data connectivity, using AI to predict manufacturing process control values, and creating Big Data analysis platforms to improve smart manufacturing and energy efficiency. The collaboration aims to utilize both companies' solutions and global sales networks to take advantage of opportunities in the smart factory and ESG-related data analytics market.

Sight Machine partners with LS Electric to develop AI-powered Big Data analytics platform

INCUMBENTS_PRESENT

ABB is investing $280 million to construct a Robotics Campus in Västerås, Sweden, to expand its manufacturing presence in Europe. The campus will serve as the central hub for ABB Robotics' operations in Europe, offering AI-enabled collaborative and industrial robots, as well as digital solutions for automation. Construction is set to begin in 2024, with the facility expected to be operational by late 2026. The new campus will increase ABB's production capacity by 50% and include a factory, offices, a research and development center, an experience center, and a training facility for customers and visitors. ABB is a Swiss multinational corporation operating in robotics, automation, electrical engineering, and power technology.

ABB invests USD 280 million to build Robotics hub in Europe

Canadian company OTTO Motors has released the OTTO 1200, an autonomous mobile robot (AMR) designed for heavy-duty material handling in confined spaces. The AMR has a high payload capacity of 1,200 kg (2,640 lb) without compromising safety. It features adaptive fieldset technology, allowing it to efficiently navigate in tight spaces and maintain high-speed performance. The robot is also designed for easy maintenance and has an IP54 rating for dust and water resistance. It can be used in various applications, including inbound material handling and finished goods transport, and can collaborate with other OTTO AMRs for facility-scale automation in manufacturing.

OTTO Motors introduces heavy-duty AMR for compact environments

Rockwell Automation has announced its plans to acquire Clearpath Robotics, a provider of autonomous robotics for industrial use. The purchase will be funded by a portion of the proceeds from Rockwell's sale of its investment in PTC. The deal is expected to be completed in Q1 2024, pending regulatory approvals. Clearpath will join Rockwell's Intelligent Devices operating segment, enabling the integration of its autonomous technologies with Rockwell's existing partnerships and material handling solutions. Rockwell Automation specializes in industrial automation and digital transformation, offering products and services to automate manufacturing processes and improve productivity.

Rockwell Automation to acquire OTTO Motors’ parent, Clearpath Robotics

Cloud software company IFS has announced its acquisition of Falkonry, an industrial AI software provider. The deal is expected to be completed in the fourth quarter of 2023. Falkonry's AI solution analyzes real-time data in manufacturing and defense, helping to identify unusual behavior and causes of failure. This acquisition will enable IFS users in operational roles to prevent asset downtime, quality issues, and emission violations, as well as automate process improvements using Falkonry's AI technology. IFS provides enterprise software solutions to various sectors, including manufacturing, aerospace and defense, construction, and utilities, to optimize and manage business operations.

IFS acquires Falkonry AI

ControlRooms.ai has raised $10 million in funding to accelerate the development of its AI-based monitoring and troubleshooting tools. The funding was led by Origin Ventures and included participation from several other investors. The company plans to focus on the heavy industries sector, including chemical manufacturing, energy production, and materials facilities, in regions such as the US, Asia, Germany, and the Middle East. ControlRooms.ai specializes in AI systems and software for use in control rooms, providing real-time data monitoring, task automation, predictive insights, and decision support for human operators in industries such as manufacturing, energy, and transportation.

ControlRooms.ai raises USD 10 million

Doosan Robotics, a provider of robotic solutions, has partnered with Microsoft and Doosan Digital Innovation to develop collaborative robot solutions using GenAI technology. By integrating this technology, the company aims to enhance its software capabilities and enable robots to perform complex tasks more efficiently. The robots will be powered by GPT technology, using Microsoft's Azure OpenAI service. Doosan Robotics plans to conduct a trial run of the GPT-powered collaborative robot solution in the food and beverage industry, with future plans to expand into the manufacturing sector. This development aims to reduce programming time and improve the versatility of collaborative robots.

All Updates

Sight Machine partners with LS Electric to develop AI-powered Big Data analytics platform

ABB invests USD 280 million to build Robotics hub in Europe

OTTO Motors introduces heavy-duty AMR for compact environments

Rockwell Automation to acquire OTTO Motors’ parent, Clearpath Robotics

IFS acquires Falkonry AI

ControlRooms.ai raises USD 10 million

Doosan Robotics to introduce GPT-powered collaborative robots

ThinkIQ receives patent within digital manufacturing transformation

Oden Technologies introduces Process AI

Olis Robotics raises USD 4.1 million in funding