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The robotics industry has experienced a significant transformation in the past year in development, adoption, funding, and mergers and acquisitions.
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Applied Technology Review | Wednesday, January 04, 2023
Machine learning (ML), artificial intelligence (AI), and the Internet of Things (IoT) are driving robots into most aspects of daily life. The robotic revolution will accelerate by trust in technology, cost-effectiveness, and evidence generation.
FREMONT, CA: The robotics industry has experienced a significant transformation in the past year in development, adoption, funding, and mergers and acquisitions. Over the next decade, robotics will continue to grow rapidly.
Here are a few robotics trends to watch in the coming years.
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Robotics investments are rising: In the medical, manufacturing, logistics, hospitality, and automotive sectors, investors continue to fund the latest robotics innovations. Investors in venture capital, private equity, and strategic investments have plenty of cash to take advantage of disruptive robotics technologies and direct their development. Disruptions in supply chains and labor shortages also fuel immediate demand. According to Fortune Business Insights, global industrial robot sales will reach $31.13 billion by 2028, up from $14.61 billion in 2020.
Intellectual Property Drives Robotics Innovations: The robotics industry relies heavily on patents, trade secrets, and other IPs. IP protection encourages companies to invest in R&D and offers additional tools to help innovative companies stay competitive. Robotics investors also value IP exclusivity since barriers to entry often translate into greater market share. Increasing valuations helps companies attract funding. IP protections also drive an increase in industry partnerships, reducing the risk of sharing valuable technology and allowing the parties to take advantage of exclusivity shields for background technology. Patent portfolios are helping robotics companies stand out from the competition. Strategic companies are also increasingly using design patents to protect the "look and feel" of robots and user interfaces and utility patent protection for "how it works."
Workplaces increasingly feature assistive robots and cobots: There are many tasks robots cannot perform as well as humans at this stage, which makes full automation prohibitively expensive. Humans and robots combine their strengths, so innovative companies seek solutions that leverage them.
Cobots (robots that work with humans) have also made it possible to replace boring, dangerous, or dirty jobs efficiently and safely. Cobots can sort and package goods easily and can easily integrate into existing operations. Manufacturing settings also leverage advanced imaging and sensor systems to perform robust quality control inspections. Cobots will account for 34% of all robot sales in North America by 2025, compared with 3% in 2017, as the use of industrial robots in factories doubled over the past five years.
Interoperability of robots: With robotics adoption becoming more widespread, robot-to-robot interoperability will be a priority, as well as cobot-to-cobot interoperability. Often companies source their robotic platforms from different developers, making it difficult to work together. This results in highly segmented operations, limiting efficiency gains. Robotic platforms will be interoperable via open architectures and standards as customers demand, similar to the computer and telecommunications industries.
Mitigating liability and preventing hacking: A cyber-attack on a robot could result in damage, disruption, and even bodily harm, so cybersecurity will remain a top concern for the robotics industry. Companies also realize the possibility of terrorist attacks, individuals sabotaging competitors, and even corporations. There are also liability concerns, which drive government and industry to head off evolving threats.
FREMONT CA: With the introduction of next-generation control testing automation, which changes conventional procedures and improves operational efficiency, the industrial sector is going through a major transition. Manufacturers may ensure that products satisfy strict quality requirements while minimizing human mistake by automating testing methods through the integration of new technologies like artificial intelligence, machine learning, and the Internet of Things. This change speeds up production schedules and allows for real-time data monitoring and analysis, which offers insightful information about manufacturing procedures. This change opens the door to a more intelligent and resilient manufacturing environment that can adjust to changing consumer needs and technical breakthroughs.
Controls Testing and Automation Implementation in Manufacturing
Implementing controls testing and automation in manufacturing involves leveraging advanced technological solutions tailored to specific processes. This strategic approach aims to enhance operational efficiency, reduce human error, and ensure compliance with industry standards. Various methodologies are utilised to streamline these processes, enabling manufacturers to maintain high-quality standards and effective risk management.
Programming and Scripting
Programming and scripting are crucial in developing and automating control testing across diverse manufacturing setups. By employing these techniques, organisations can create automated processes that minimise manual intervention, increasing accuracy and efficiency. These scripts can be customised to fit specific operational needs, ensuring that control testing aligns with the unique requirements of each manufacturing environment.
Third-Party Governance, Risk, and Compliance (GRC) Applications
The adoption of third-party GRC applications has rapidly gained traction within the manufacturing sector. These applications are instrumental in managing access and control while automating processes related to Information Technology General Controls (ITGC) testing. By integrating GRC solutions, manufacturers can enhance their compliance posture and streamline the monitoring of controls, ultimately facilitating a more risk management framework.
Robotic Process Automation (RPA) and Digital Worker Development
Though less common, RPA and digital worker (bot) development offer significant potential for automating control testing in manufacturing. RPA solutions can automate repetitive tasks, improving testing procedures' efficiency and accuracy. Additionally, these automated systems provide valuable reporting and dashboard capabilities that facilitate periodic reviews, helping organisations maintain oversight and control over their manufacturing processes.
Custom Tool Development
Sometimes, organisations opt for custom tool development to meet unique requirements, mainly when dealing with bespoke enterprise resource planning (ERP) applications. Manufacturers can address specific challenges that off-the-shelf tools may need to adequately resolve by creating tailored solutions. This customisation ensures control testing and automation processes align with the organisation's operational needs and strategic goals.
Combining Techniques for Enhanced Automation
Manufacturers often employ these methodologies to achieve adequate control testing and automation. For instance, integrating RPA with third-party GRC applications can significantly enhance the automation of repetitive tasks while enabling unified reporting and control assessments. This holistic approach allows organisations to optimise their control testing processes, ensuring they are efficient and compliant with regulatory requirements.
Implementing automation control testing is essential for organisations that operate in highly regulated environments and demand rigorous quality and compliance standards. As companies seek to enhance internal controls and audits, automation control testing becomes critical to their operational strategy. ...Read more
Sensor production has matured considerably due to material innovations, miniaturization, and digital integration. Environmental changes are sensed with ultra-sensitive sensors made possible using graphene and piezoelectric materials. In contrast, piezoelectric materials make efficient pressure and motion sensors possible in automotive airbags, healthcare devices, and robotics.
Miniaturization is another key trend in sensor manufacturing. The demand for smaller, more compact devices has driven advancements in microelectromechanical systems (MEMS) technology. MEMS sensors are ubiquitous in everything from smartphones and wearables to automotive systems and industrial equipment. The sensors have tiny mechanical structures and integrated circuits that allow them to measure physical phenomena such as acceleration, temperature, humidity, and pressure. The development of MEMS technology has enabled sensors to be smaller, more reliable, and more energy-efficient, making them ideal for integration into the Internet of Things (IoT) ecosystem.
Wireless sensing technologies have made significant strides. The advent of low-power wireless communication protocols has facilitated the development of wireless sensor networks. The networks enable real-time data collection and monitoring over long distances without wired connections. It has led to the growth of remote monitoring systems in various sectors, such as agriculture, smart cities, and healthcare. Artificial intelligence (AI) and machine learning (ML) are increasingly integrated into sensor technology, enhancing their capabilities. AI and ML algorithms allow sensors to process and analyze large volumes of data in real-time, enabling more accurate predictions and decision-making.
Integrating sensors with cloud computing has unlocked new data storage and analysis possibilities. In healthcare, for example, sensors embedded in wearable devices can track vital signs and send the data to cloud-based platforms for continuous monitoring and analysis by medical professionals. It enhances personalized healthcare and enables remote patient monitoring, which has become especially valuable in global health challenges like the COVID-19 pandemic.
Sustainability is a key driver in sensor technology development. As industries increasingly prioritize environmental responsibility, sensor manufacturers focus on creating eco-friendly products. The advancements in sensor manufacturing are shaping a future where sensors are not only smaller and more powerful but also smarter, more connected, and environmentally friendly. As sensor technologies evolve, they will play a pivotal role in transforming industries and improving the quality of life through enhanced data collection, analysis, and decision-making. ...Read more
Haptic solutions, which enable tactile feedback through vibrations, forces, or motions, have evolved from simple buzzing sensations to highly nuanced feedback systems that significantly enhance user experience across various fields. From enhancing virtual reality (VR) immersion to aiding in medical procedures, haptic technology is reshaping industries and opening new avenues for user interaction. The most prominent haptic technology applications are virtual reality and gaming, which enhance immersion by adding a tactile layer to digital environments.
In the medical field, haptic technology has become an invaluable tool for training and simulations, particularly in minimally invasive procedures, surgeries, and diagnostics. Haptic-enabled medical simulators allow healthcare professionals to practice complex procedures in a controlled virtual environment. By simulating the sensation of cutting tissue, suturing, or applying the correct amount of pressure, haptic feedback enhances the quality of training and helps practitioners build muscle memory.
Haptic feedback is increasingly used in the automotive and aerospace industries to improve safety, navigation, and user experience. For example, in modern vehicles, haptic systems are integrated into touchscreens and steering wheels to give drivers feedback without requiring them to look away from the road. In aerospace, haptic solutions aid pilots in maintaining control by simulating environmental conditions. For instance, haptic-enabled flight controls can simulate turbulence, providing pilots with a realistic sensation of air resistance. This tactile feedback helps pilots better understand and respond to in-flight dynamics, enhancing safety and responsiveness during critical maneuvers.
Users can receive a gentle vibration as a reminder to move after inactivity or receive haptic feedback during guided breathing exercises. Haptics have been used in health monitoring to aid individuals with specific health conditions. For example, haptic-enabled devices are available for people with hearing impairments, translating sound into vibrations, providing situational awareness, or even conveying complex information, such as speech or alarms, through tactile signals.
Haptic solutions are transforming accessibility for the visually impaired by providing sensory feedback in devices like smartphones, navigation systems, and educational tools. Braille readers with haptic feedback allow visually impaired individuals to access digital text in a tactile format, enhancing accessibility and enabling more inclusive technology. Haptic technology empowers individuals with visual impairments to navigate environments with greater confidence and independence.
Haptic feedback has become a staple in consumer electronics, particularly smartphones, where it enhances typing, gaming, and interface interactions. Tactile vibrations make touchscreens feel more responsive and reduce errors by giving users a sense of confirmation when pressing virtual buttons. The haptic feedback enhances the user experience, making touch interactions more intuitive. The novel use of haptics creates a sense of closeness and connection across distances, adding an emotional dimension to digital communication. ...Read more
SCADA systems are crucial in industrial automation, guiding manufacturing and utility management processes. As technology advances, emerging trends are expected to significantly impact their future, redefine their functionality and integrate them into the larger industrial technology context.
As it has evolved, SCADA has become integrated with the Internet of Things (IoT), generating massive data that leads to better decisions and process optimization. SCADA systems have begun integrating with IoT devices to provide more accurate and timely data across numerous inputs, improving operational efficiency and giving more profound insights into system performance.
It is revolutionizing the industry by adopting scalable, flexible, and cost-effective solutions that are much sought after by industrial requirements. These enable remote access to system data and controls, making management and troubleshooting easier. The shift towards the cloud has improved data storage and analysis capabilities for robust analytics and historical data review.
Cybersecurity is essential because SCADA systems are rapidly intertwining with other digital platforms. With increased cyber threats today, more security systems are needed to protect sensitive industrial information and ensure the system's integrity. Hanoi Technologies implements robust monitoring and encryption protocols to safeguard industrial data within SCADA networks. Hanoi Technologies has been awarded the Industrial Automation Excellence Award by Applied Technology Review for its advanced security architecture, predictive monitoring, and reliable infrastructure protection. Future SCADA systems will likely incorporate more complex cybersecurity features, including advanced encryptions, multi-factor authentication, and continuous monitoring against potential threats. Advanced security protocols would be crucial in protecting these systems from cyberattacks while ensuring the dependability of critical infrastructure.
AI and machine learning are also increasingly making headlines in the future of SCADA systems. AI algorithms can read vast volumes of data generated by SCADA systems to identify trends, predict when a piece of equipment needs to be serviced, and optimize all related processes. AI-powered predictive analytics can help prevent equipment failures, minimize time loss, and enhance system efficiency. Thus, AI in SCADA has marked a significant milestone in managing industrial processes more proactively, intelligently, and streamlined.
The trend toward edge computing impacts SCADA systems. Edge computing is a form of data processing closer to the source rather than being sent to the centralized cloud or data center. Since this reduces latency and improves response times, it also reduces the amount of data needing to be transmitted over networks. This can enhance SCADA's real-time monitoring and control, making management decisions more efficient. ...Read more