Topic: robotics

Smart Machines Market Gears Up for Explosive Growth at 18.28% CAGR to Reach Nearly USD 644 Billion by 2029 Maximize Market Research Forecasts Rise of the Machines with AI and Automation Leading the Charge The global smart machines market is on the cusp of a significant transformation, poised to reach a staggering USD 644.04 billion by 2029. This translates to a substantial compound annual growth rate (CAGR) of 18.28% from 2023, according to Maximize Market Research's latest industry report...

The term robot was invented by the Robotics Institute of America in the late 1940s as a machine that executes mechanical functions just like human beings but lacks the same “sensitivity” as a human. Initially, robots were designed and employed to work like humans, especially in the manufacturing industry, FMCG industry, and automotive industry, but later, robotics engineers observed that they were capable of working in other application areas due to their ability to multitask efficiently and ...

To start, Daniel, could you please provide a brief introduction to yourself and your work at Kognic?  I’m an experienced machine-learning expert and passionate about making AI useful for safety critical applications. As CEO and Co-Founder of Kognic, I lead a team of data scientists, developers and industry experts. The Kognic Platform empowers industries from autonomous vehicles to robotics – Embodied AI as it is called – to accelerate their AI product development and ensure AI systems are tr...

Recently 70-year-old Burke Porter Group rebranded as Ascential Technologies, uniting 18 brands across medical & life sciences, transportation, and specialty Industrial end markets. The company’s mission is to play an “Ascential” role for customers throughout the product life cycle, especially when quality and safety matter most. We had the opportunity to sit down with Jeffrey Moss, who assumed the role of CEO at Ascential Technologies a little over a year ago. During our conversation, we disc...

In today’s digital era, the merge of artificial intelligence (AI) and the Internet of Things (IoT) has kicked off a tech revolution that tends to reshape numerous industries across the globe with a vision that this transformation helps businesses enhance efficiency and drives innovations at an unprecedented pace. For a better understanding, IoT is all about an extensive network of connected devices with an embedded sensor that collects and transfers large-scale data that is processed accordin...

In recent years, automation and artificial intelligence (AI) have witnessed a surge in popularity, and it’s anticipated to expand as organizations become more dependent on AI solutions to address issues. Numerous tech giants, like Amazon, Apple, and Alibaba, have already started to explore the possibilities of implementing AI and robotics in their organizations. The introduction of robots into the workplace is set to alter how C-level decision-makers will do business, as they need to share sp...