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Wandelbots, the robotic software company that is making industrial robots accessible for everyone, announced today that it has raised over $84 million in a Series C financing round, led by New York-based global private equity and venture capital firm Insight Partners, with participation from existing investors 83North, Microsoft, Next47, Paua, Atlantic Labs and EQT.
Leveraging more than 30 years of industry experience, STXI Motion, a global leader in motion control and servo systems, and Redler Technologies, a specialist in electrical power and motion control, have partnered to address the growing needs of machine builders for mobile, compact, and ruggedized low-voltage motion solutions.
Incremental Steps to Creating Value With Industrial Data Analytics Elliott Middleton, Director of Product Management | AVEVA Until recently, more mature process industries have pursued AI and ML initiatives, while others are only using some basic levels of automation. The unrelenting pressure to keep production lines moving, especially at a time when businesses are responding to changes driven by the Covid-19 crisis, means there is little time or headspace to consider implementing new technology. Automating the collection of sensor data, spotting problems and patterns can result in faster t...