Automation news
Here are some recent automation news articles and updates:
Industry News
- Industrial Automation Market to Reach $250 Billion by 2025: According to a report by MarketsandMarkets, the industrial automation market is expected to grow from $173.6 billion in 2020 to $250.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.4%.
- ABB Acquires GE Industrial Solutions: ABB has acquired GE Industrial Solutions, a leading provider of electrical distribution and control solutions, for $2.6 billion. The acquisition will strengthen ABB's position in the industrial automation market.
- Siemens and Bentley Systems Partner on Digital Twin Technology: Siemens and Bentley Systems have partnered to develop digital twin technology, which will enable real-time monitoring and optimization of industrial processes.
Robotics and Machine Learning
- SoftBank Robotics Launches Pepper Robot for Retail: SoftBank Robotics has launched a new version of its Pepper robot, designed for retail applications. The robot can help customers find products, answer questions, and provide personalized recommendations.
- Google's Robotics Division Acquires Ubtech Robotics: Google's robotics division has acquired Ubtech Robotics, a Chinese robotics company that specializes in humanoid robots. The acquisition will help Google expand its robotics capabilities.
- Microsoft and NVIDIA Partner on AI-Powered Robotics: Microsoft and NVIDIA have partnered to develop AI-powered robotics solutions. The partnership will enable the development of more advanced and autonomous robots.
Automation Trends
- Edge Computing Gains Traction in Industrial Automation: Edge computing is becoming increasingly popular in industrial automation, as it enables real-time data processing and analysis at the edge of the network.
- Cloud-Based Automation Platforms Gain Adoption: Cloud-based automation platforms are gaining traction, as they offer greater flexibility, scalability, and cost savings compared to traditional on-premise solutions.
- Artificial Intelligence (AI) and Machine Learning (ML) in Automation: AI and ML are being increasingly used in automation to improve efficiency, reduce costs, and enhance decision-making.
Company News
- Rockwell Automation Acquires MagneMotion: Rockwell Automation has acquired MagneMotion, a provider of magnetic levitation (maglev) conveyor systems. The acquisition will strengthen Rockwell's position in the material handling market.
- Schneider Electric Acquires Andover Controls: Schneider Electric has acquired Andover Controls, a provider of building automation systems. The acquisition will expand Schneider's presence in the building automation market.
- Honeywell Acquires Intuicom: Honeywell has acquired Intuicom, a provider of wireless communication solutions. The acquisition will enhance Honeywell's wireless communication capabilities.
These are just a few examples of the latest automation news and updates. If you're interested in staying up-to-date with the latest developments in automation, I recommend following industry publications and news sources, such as Automation World, Control Engineering, and Robotics Business Review.