Robots that learn what needs doing while cleaning your house and understand verbal commands will be commercially available as soon as next year, says the manufacturer. German company Neura Robotics – which is exhibiting at the Gulf Information Technology Exhibition in Dubai for the first time – says it has improved the scope of industrial robots.
Artificial intelligence (AI) is driving the robotics market into various areas, including mobile robots on the factory floor, robots that can do a large number of tasks rather than being specialized on one, and robots that can stay in control of inventory levels as well as fetching orders for delivery.
As the coronavirus pandemic enveloped the world last year, businesses increasingly turned to automation in order to address rapidly changing conditions. Floor-cleaning and microbe-zapping disinfecting robots were introduced in hospitals, supermarkets and other environments.
This comes as no surprise since the world has been gearing up for a robotic first future for quite a while. Globally, the robotics industry is expected to reach USD 74.1 billion by 2026- a compound annual growth rate of 17.45 percent from 2021.
If robotics and cellular communications seem strange bedfellows, it’s because the fifth generation of wireless, 5G, is the first to wirelessly address the need of such applications rather than just increasing data rates and expanding coverage as previous generations did.
An EU-funded project, called Robotics4EU, is seeking 10 people in Malta to host a discussion in October about robotics and artificial intelligence. The three-year project is aimed at discovering possible barriers to the acceptance of robotics in society and finding out how to overcome these barriers.
In the corner of an Ohio field, a laser-armed robot inches through a sea of onions, zapping weeds as it goes. This field doesn’t belong to a dystopian future but to Shay Myers, a third-generation farmer whose TikTok posts about farming life often go viral.
Even before we could realize it, robotics has become an important part of our lives. It is very difficult to name an industry that functions without robotics playing its part. Healthcare, banking, hospitality, you name it and you are bound to find robotics. The wide range of applications that this technology caters to is the reason why it receives heavy global funding. Here is the list of top robotics funding in the last three months.
Bill Gates-backed Vicarious Surgical, which is set to go public in a SPAC deal, hopes to reach $1 billion in revenue by 2027 as it takes on the goliath of surgical robots.
In the first half of the last century, industrial robots such as the hulking one-armed Goliaths dominated the robotics space. Even though they were highly disruptive and served many human purposes, industrial robots were not sexy.
Robotics. Just the mere mention of the word conjures up images of humanoids in science fiction movies with awkward speech patterns. But that stereotype has long gone. Many companies, including ING, have embraced the robotics revolution by introducing software robots that can automate monotonous, manual processes.
We frequently put robotics and artificial intelligence together, but they are two separate fields. The robotics and artificial intelligence industries are some of the largest markets in the tech space today. Almost every industry in the world is adopting these technologies to boost growth and increase customer engagement.
Robotics and artificial intelligence (AI) are often associated with science fiction and futuristic visions of how we might one day live and work. But these aren’t just distant ideas of the future, and haven’t been for some time.
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Automated machines that can move around when programmed without having to move them around in real time are known as mobile robots. They can move around without having to follow a fixed path as the conventional robots. These robots find a diverse range of applications in a host of different industries. Products in global mobile robotics market use different sensors, cameras, mechanical gears, and software tools to function in various different environments without requiring human intervention. Growing concern regarding workplace efficiency and focus on reducing cost yet increasing the production capacity are key factors boosting the global mobile robotics market in coming years.
Thrust five years into the future by Covid-19, as management firm McKinsey puts it, most of what we expected to see in 2030 will soon be upon us.