At the 2020 CES exhibition in Las Vegas, ProovStation and BCA Group, Europe’s leading vehicle remarketing company, announced a commercial agreement to implement ProovStation inspection portals in BCA auctions and
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Cognex has announced the acquisition of SUALAB, a Korean Provider of Deep Learning Machine Vision Solutions. With a acquisition price tag of an estimated $168.6 million, Cognex will take up
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SKF has signed an agreement to acquire Presenso Ltd., a company based in Haifa, Israel, that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso’s AI capability enables production
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Advanced robotics and AI technology company Geek+ has launched the world’s first smart factory using robot arm to make mobile robots. Based in Nanjing, China the factory uses Geek+’ robots,
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Digitization has been as revolutionary for industry as the introduction of electricity. Now artificial intelligence (AI) and big data are generating new opportunities – and a number of challenges. In
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As part of Pratt & Whitney’s digital transformation and Connected Factory road-map, four of its facilities in Singapore will be boosting their MRO capabilities with new artificial intelligence (AI) and
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Artificial intelligence (AI) is on the rise in automotive production. Since 2018, the BMW Group has been using various AI applications in series production. One focus is automated image recognition:
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