IBM reinvents itself by establishing a frontier homestead for cognitive...
At the forefront of IBM’s reinvention journey is a $1 billion investment in Jeopardy-winning Watson, which it hopes will usher in a new era of “cognitive computing.” Earlier this month, Rometty and...
View ArticleClik here to view.
2013 IFR stats; RIA Q3 results for US set new records
The International Federation of Robotics (IFR) recently released their annual statistical recap and four-year forecast for the robotics industry. The IFR produces two research books: one that covers...
View ArticleClik here to view.
Just launched: Fellow Robots’s OSHbot
Fellow Robots, in partnership with Lowes Hardware, today launched the OSHbot as a customer assistant robot at the Orchard Supply Hardware store in San Jose. Although the robot can only give...
View ArticleHow a bunch of startups are trying to make a business case for robotics in...
Robotics startups have been mushrooming over the last two years. Why? One may ask and be tempted to think that certain natural and man-made calamities forced the entrepreneurs behind these startups to...
View ArticleClik here to view.
Google news: Rubin leaves; Pichai promoted to #2; and Google invests in Magic...
Andy Rubin leaves Google; Sundar Pichai promoted to #2 man at Google; and Google invests in $542 million B funding for Magic Leap. Andy Rubin, the Google executive, who was in charge of the company’s...
View ArticleClik here to view.
ROBO-STOX® introduces European Robotics and Automation Index
ROBO-STOX® licenses their proprietary index to ETF Securities to provide European investors with highly diversified access to a new age of growth in robotics and automation. Media and financial...
View ArticleClik here to view.
Latest research report shows 10.4% CAGR for robotics to 2025
Boston Consulting Group (BSG) recently released a global robotics market study that projects industry growth of 10.4% CAGR (Compounded Annual Growth Rate). The BCG report, The Rise of Robotics,...
View ArticleClik here to view.
ABB invests in AI startup Vicarious
ABB Technology Ventures, the VC arm of ABB, joins a long list of notables investing in artificial intelligence startup Vicarious Systems that include Peter Thiel, Jeff Bezos, Mark Zuckerberg, Elon...
View ArticleClik here to view.
Google commits $1.36 billion for NASA facility, to house their robotics,...
Google subsidiary Planetary Ventures has committed to a 60-year $1.16 billion lease of the 1,000 acre Moffett Field Naval Air Station. The agreement includes an additional $200 million to refurbish the...
View ArticleClik here to view.
Ozobot, Knightscope, HiBot and Airware all get funding
UPDATED 12.03.14 Four interesting funding announcements: Ozobot got $2 million; HiBot got $3.1; Knightscope got $3.7; and Airware got an undisclosed amount but from a substantial partner, GE Ventures....
View ArticleClik here to view.
GoPro to start making drones
GoPro is to start making its own line of drones and have them ready for release as early as Christmas 2015. Early indications of price point range from $500 to $1,000 for the first model. It is...
View ArticleClik here to view.
25% of KUKA shares trade hands
Voith GmbH, among the biggest family-owned businesses in Europe, acquired 25% of robot maker Kuka AG by buying the shares held by Grenzebach GmbH. The transaction was valued at €555 million ($683...
View ArticleClik here to view.
10.1% CAGR projected for material handling robots through 2020
Robots for palletizing, logistics, packaging, and speciality materials handling (e.g.: in life science labs and for pharma, food and beverage, semiconductor and electronics) are projected to grow at a...
View ArticleClik here to view.
South Korean gov’t robotics budget grows 8.3%, to almost $146 million (US) in...
South Korea has finalized its 2015 robotics budget at around $145.8 million (US), an increase of about 8.3 percent from last year. According to the government’s budget for next year, passed Tuesday by...
View ArticleRobot Startup Series #7: Interview with Soft Robotics’ Carl Vause
Soft robotics is finally leaving the research lab and entering the real world. One of the companies leading the way is a Boston-based startup that is commercializing the innovations of the...
View ArticleClik here to view.
Robotics 2014 in a word: MORE
The list of top stories in robotics for 2014 is a story of "MORE": MORE uses of and for robots; MORE serious discussions about robots; MORE robots in unusual places; MORE news in the financial press;...
View ArticleClik here to view.
2014 fundings, IPOs, acquisitions, and failures
From the 2014 archives of The Robot Report: 30 fundings, acquisitions, IPOs and failures with some staggering figures. UPDATED Jan 7, 2015 to include Rethink Robotics equity funding and the...
View ArticleClik here to view.
How robotics is changing the face of Business Process Outsourcing
In my world (I am an outsourcing advisor) the robots I deal with do not have arms and legs, or wheels, but are set to have just a big an impact on my industry as any of the physical robots have had...
View ArticleClik here to view.
40% annual growth forecast for Chinese robotics
Song Xiaogang, president of CRIA, China’s Robotics Industry Association, said that the number of robots sold in China in 2014 would reach 50,000; up from 36,860 in 2013. “From now on, the robot...
View ArticleClik here to view.
Rethink Robotics gets $26.6 million Christmas gift
In an unannounced funding discovered by Boston Globe reporter Scott Kirsner, Rethink Robotics sold equity and received $26.6 million a few days before Christmas . This funding brings Rethink Robotics’...
View Article