ROBOTIC PROCESS AUTOMATION
Mahindra & Mahindra selects ABB technology for new EV paint facility
M&M partners with ABB using PixelPaint tech to offer precise finish application without disrupting production line for personalization options on new EVs, marking a significant advancement in the automotive industry.
AI-focused manufacturing startup Bright Machines raises $106 million from Nvidia, others
The San Francisco-based company makes equipment and software that helps automate a range of manufacturing tasks through the use of artificial intelligence and machine learning.
AI is making robots smarter. They’ll need boundaries
Robots are already roaming factory and warehouse floors, and AI will make them smarter and more agile. As is usually the case with new technology, the military is prodding innovation.
For an AI lesson, India must look back — 300 years
The profound impact of the industrial revolution on cotton-spinning may be poised for a repeat in a $250 billion white-collar powerhouse. As generative AI morphs into artificial general intelligence — machines rivaling human cognitive abilities — even highly complex tasks may not require expert programmers.
What will a robot make of your resume? The bias problem with using AI in job recruitment
Establishing guidelines, ethical standards, and promoting transparency in AI decision-making processes are essential for fair recruitment practices. Collaboration between HR professionals and AI developers can lead to more inclusive and equitable hiring processes.
Talent AI-volution: Can AI adoption dent India's tech edge?
India is the tech powerhouse of the world, known for its engineering prowess. But can the widespread adoption of AI, which will lead to significant automation, dent India’s talent edge? Annapurna Roy and Beena Parmar report.
View: The one thing that can slow AI's breakneck speed
Promoters of AI sell hope and assurance like previous revolutions. AI may make labor functions redundant, lead to reduced work hours, and render developers/champions unnecessary. Investments in human-like robots and hiring freezes indicate a possible future of RHRP.
Indian logistics market to grow at 8.8% annually to $484.43 bn by 2029
The Indian freight and logistics market is projected to grow at an annual rate of 8.8% to reach USD 484.43 billion by 2029, up from USD 317.26 billion in 2024, according to a report released at the LogiMAT India logistic fair. Organized by Messe Stuttgart India Pvt Ltd, the event highlights technological advancements driving this growth, including intralogistics, automation, warehousing, and transportation management.
On shopfloors of automakers, women gradually taking control
Automakers like Tata Motors, Hero MotoCorp, and MG Motor India are actively hiring more female workers for their shopfloors to improve gender balance. They are adopting advanced technologies and providing various benefits to attract and retain women in their workforce. To attract female workers, companies are offering benefits ranging from safe company-sponsored transportation to medical costs to avail of IVF and gender- neutral parental leave.
Tech extra care for compliance
RBI's crackdown on Paytm Payments Bank underscores the need for robust compliance. The surge in demand for legal and compliance experts reflects this trend. Automation can streamline compliance processes, particularly in areas like data privacy, AML/KYC, cybersecurity, contract management, environmental health & safety, policy management, and regulatory reporting. Leveraging AI, ML, RPA, APIs, automatic evidence attachment, and blockchain technology can enhance efficiency and accuracy in compliance efforts.
BMW taps humanoid startup Figure to take on Tesla's robot
This marks the first commercial deal Figure has signed since it was founded in 2022. While the company didn't disclose how many robots BMW will be using, the partnership will start with small quantities and expand if performance targets have been met, according to Brett Adcock, chief executive at Figure.
How India Inc is boosting productivity by using intelligent technologies
Leading manufacturers in India are digitizing factories to adopt the smart shop floor concept and boost productivity. Companies like Larsen & Toubro, RPG Group, MG India, Hyundai, and Hindustan Zinc are investing in digital technologies such as IoT, AI/ML, image analytics, blockchain, and advanced automation. RPG Group increased its digital investment and saw benefits in process scrap reduction, machine uptime increase, and lower maintenance and energy costs.
India's journey to sustainability and safe EV manufacturing
As India aspires to solidify its status as a manufacturing hub, it must address a pressing issue within its rapidly expanding automotive sector supply chain: thousands of workers annually fall victim to injuries on the job.
Tesla engineer attacked by Robot in US: Machine pins him down, digging metal claws into worker's back and arm
Tesla Robot Attack: A Tesla engineer at the Giga Texas factory was attacked by an assembly robot, raising concerns about the risks associated with automated robots in the workplace. The incident occurred in 2021 and was revealed in an injury report filed to regulators. The robot pinned the engineer while he was programming software, causing injuries to his back, arm, and hand.
German businesses turn to robots as baby boomers retire
Small and medium-sized companies are also turning to automation as the gradual exit from the workplace of Germany's post-war "baby boom" generation tightens the labour squeeze.
Demand for high-tech machines in US wanes in the face of weaker economy, high-interest rates
Companies in North America sharply cut orders for high-tech machines in the second quarter, according to data compiled by the Association for Advancing Automation, an industry group.
What's hyperautomation and how it can improve compliance and transparency in BFSI?
Accelerated technology adoption in recent years has led to a new wave of change in the BFSI sector. Many banking and finance institutions are turning to hyperautomation to improve compliance and transparency.
Fellow writers, ChatGPT is here to assist you, not replace you: Here’s how
Generative AI tools such as ChatGPT can aid writers by assisting in idea generation, making keyword searches easier, proofreading and editing, providing research material and ensuring multilingual support. However, ChatGPT cannot replace the power of originality and human creativity. It lacks accuracy and privacy concerns, but as AI developing further, it will be interesting to explore how it can be used.
Time to forget RPA? Why Intelligent Automation companies can be real blue-chip investments
Globally, RPA has been the go-to tactical lever to reduce operating costs by automating rules-driven, error-prone manual processes
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