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Transforming Global Supply Chains with Nearshoring for Agility and Resilience

Frost & Sullivan Manufacturing

Shifting to Nearshoring for Supply Chain Success Transforming global supply chains, nearshoring is emerging as a pivotal strategy for overcoming disruptions caused by geopolitical conflicts, raw material shortages, and trade route vulnerabilities.

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RoboForce raises $10M to deploy mobile manipulators

Robotics Business Review

Source: RoboForce RoboForce on Monday emerged from stealth with $10 million in early-stage funding. Founded in 2023, RoboForce’s team is made up of tech leaders from CMU Robotics, Michigan Robotics, Amazon Robotics, Tesla Robotics, Google, Waymo, Apple, and Microsoft. million in 2023. It will grow at a CAGR of 23.9%

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LOXO expands into Germany with self-driving logistics subsidiary

Robotics Business Review

Source: Schindler Group LOXO AG today opened its first international subsidiary in Munich, Germany. billion in 2023 and projected to surpass $504 billion by 2032, has enormous untapped potential,” asserted LOXO. LOXO’s Migronomous delivery service demonstrated the Alpha self-driving vehicle.

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Building a stronger energy backbone

Manufacturer's Monthly

per cent reliability rating in 2023, this, made WTC a company with deep roots in Australian manufacturing and delivery performance since 1933 the natural choice for this critical component. The successful delivery of the Stanwell transformer comes at a time when global supply chain disruptions pose challenges to manufacturing worldwide.

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Visibility & Resiliency: Letting Your Factory Work For You

Cisco Industrial Automation

Industry research shows that by 2023, 30% of manufacturers will enhance their shop floor digital twin with real-time signal transponder data, leading to an 80% reduction in logistic bottlenecks in shop floor and storage areas – Source: IDC FutureScape: Worldwide Manufacturing 2021.

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Mid-Year Cyber Threat Intelligence Report Critical Start 

Gary Mintchell

We are continuing to observe a surge in ransomware and database leak activities,” said Callie Guenther, Senior Manager of Cyber Threat Research at Critical Start. “With bad actors becoming more sophisticated, it is vital for organizations to have a strong security culture and strategy in place. .”

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Industrial robot shipments exceed 500,000 units in 2023

Robotics Business Review

Source: Interact Analysis Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, Interact Analysis reports. The global market research firm says the industry is starting to bounce back from a 2023 low point. The market saw record highs in 2021, and lows in revenues and shipments in 2023.

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