Cambridge-based IDTechEx projects a continued growth in the industrial service robots sector in logistics and cleaning, including such spaces as logistics and delivery, cleaning and disinfection, agriculture, underwater exploration, food service and socializing.
The robotics and automation industry has grown exponentially over the past decade. The market for robotics technology in the world was worth $62.75 billion in the year that ended in 2019 and is predicted to grow to $189.36 billion by 2027. One of the critical elements that have contributed to the growth of the robotics industry is the integration of modern manufacturing techniques, such as CNC machining.
Want to see the best garden pavilion that robots can build? The public is invited October 24 to the opening and ribbon cutting ceremony in Ann Arbor, Michigan, for a new structure at the University of Michigan’s Matthaei Botanical Gardens that combines public spaces with fabrication research.
Eoxs has been one of the most popular stories we’ve covered on Cronicle. The startup disrupted steel buying technology by providing an e-commerce solution for steel buyers to create their own marketplaces online within one day. The industry was interested in the technology, but reportedly didn’t want marketplaces killing off retail competition, as can happen sometimes. Eoxs founder Rajat Jain says he also didn’t want to be in steel but to focus his efforts in software. So, the startup pivoted quickly to offer cloud-based reporting software for the steel industry–another low-hanging fruit in an industry still using basic reporting and analytics tools.
Ever wonder how automakers and suppliers keep track of everything from parts standards compliance to testing data and design when creating a prototype for a new vehicle? For years, this process was handled manually. That’s one of the reasons you sometimes see recalls, explains Project Synergy co-founder Osman Korkmaz. Sometimes this manual process fails and a part that wasn’t tested to its final specs gets into a production vehicle and then fails in real-world driving.
Behind The Scenes Look at Massive Consolidation in the Auto Industry’s Suppliers with 123Go’s Dominic Rea
123Go enterprise software development startup co-founder Dominic Rea has years of experience working to design software for the auto industry, which gives him an edge to understand software design in a logistically complex industry. Rea works with Detroit’s Automation Alley, various Tier 1 automotive suppliers, and companies in the HVAC industry on applications such as time tracking, trying to bring a collaborative “low-code” process to custom software development, and more. According to Rea, the auto industry is currently undergoing a massive consolidation in terms of suppliers, which affects how automotive software designers, mobility startups, and Tier 1 suppliers plug in to a diverse industry of many technologies. We were curious to learn more both about how 123Go designs its efficient software development process for business professionals who aren’t in IT, and if Rea could tell us more about what’s going on behind the scenes for the sake of Cronicle readers who are working to hook into the mobility tech scene.
Combining a shift to electric vehicles over the next decades and paying to offset emissions, General Motors announced yesterday a plan to finally put internal combustion engines and their climate-altering pollution in the rearview within 2 decades. Historically, GM is not known for quick corporate change or for prioritizing the planet over shareholder value, but the writing has been on the wall now for over a decade between government regulations and urgent climate change priorities shifting how consumers aim to purchase next vehicles. GM has worked for a number of years to retrofit older vehicle designs with hybrid and electric options, and recently put nearly all of its R&D budget into designing electric vehicles from the ground up, signaling a serious commitment to EVs. Currently, electric vehicle sales are in the single digits percentage-wise of vehicles sold, but rising quickly as more practical options become available and rapid charging becomes viable for the average consumer.
Recent announcements of Michigan opening a first in the nation autonomous highway corridor between Ann Arbor and Detroit have spurred discussions of how that corridor could be used beyond autonomous vehicles. Could air traffic such as drones be a part of it? In our recent interview with the MUASC’s Melinda Marion, we learned that regulations are a long a way off from allowing air traffic such as sky taxis. However, the state of Michigan and various cities surrounding Detroit Metropolitan Airport are as aware as the MUASC that this is a space that must be sorted out as the tech is developed. With that in mind, Aerotropolis is working with communities surrounding Detroit Metro Airport, such as Romulus and Taylor, to work out the permissions and uses of air space around the airport in Detroit.
Rajat Jain has been in the steel industry over a decade, building business solutions. He used to be in sales. “Customers would send faxes on my phone number,” Jain says of the antiquated way steel is still sold in the manufacturing industry. “Because that was frustrating, I spent time in San Francisco to learn the startup way of selling — and ended up creating a marketplace for steel.” Eoxs was born. Jain describes it as being like Airbnb with a 2-sided marketplace matching seller and buyer. But the target? Steel distributors. Eoxs is based in California, but its new warehouse in Detroit already has 100,000 square feet of space with up to $200 million in inventory. Doesn’t sound like a lot for the gigantic manufacturing industry? This marketplace was created in 3 weeks.