Robotics

Wipro Awarded Partner of Choice by E.ON for Digital Transformation of their Corporate Business Functions

Retrieved on: 
Tuesday, August 24, 2021

We are delighted to be selected as E.ONs strategic partner for this important milestone in our existing relationship.

Key Points: 
  • We are delighted to be selected as E.ONs strategic partner for this important milestone in our existing relationship.
  • Michael Syring, Head - Corporate Digital Technology, E.ON Digital Technology GmbH, said, The S4U Program is a key element of our digital transformation.
  • We are confident that Wipro as a strategic partner will accompany us in executing our Digital Transformation strategy reliably and efficiently.
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company.

Desktop Metal Launches 316L Stainless Steel for Manufacturing on the Shop System

Retrieved on: 
Tuesday, August 24, 2021

Desktop Metal (NYSE: DM), a leader in mass production additive manufacturing (AM) solutions, today announced it has qualified the use of 316L stainless steel for the Shop System, the worlds first metal binder jetting system designed for machine shops.

Key Points: 
  • Desktop Metal (NYSE: DM), a leader in mass production additive manufacturing (AM) solutions, today announced it has qualified the use of 316L stainless steel for the Shop System, the worlds first metal binder jetting system designed for machine shops.
  • The Desktop Metal materials science team has validated that 316L stainless steel printed and sintered using the Shop System meets MPIF 35 standards set by the Metal Powder Industries Federation.
  • Wall Colmonoy is excited to have 316L as a new option for the Desktop Metal Shop System, said Michael Shreeve, Business Development Manager, Precision Components, Wall Colmonoy Limited UK, a global powder and components manufacturer.
  • To learn more about the Shop System and applications for 316L stainless steel, visit https://www.desktopmetal.com/products/shop .

Wipro Announces Opening of New Delivery Center in Arkansas, USA

Retrieved on: 
Tuesday, August 24, 2021

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it will open a new delivery center in Sherwood, Arkansas.

Key Points: 
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it will open a new delivery center in Sherwood, Arkansas.
  • Wipro will invest approximately US$ three million to transform a 70,000 square-foot facility at Landers Road into a customer service center.
  • We are thrilled to open the delivery center in Sherwood and improve our reach to customers in central Arkansas.
  • Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company.

AI Tech Alert: Key Differences Between Transfer Learning and Incremental Learning

Retrieved on: 
Tuesday, August 24, 2021

The massive computing resources required to train neural networks for AI/ML tasks has driven interest in two forms of learning presumed to be more efficient: transfer learning and incremental learning.

Key Points: 
  • The massive computing resources required to train neural networks for AI/ML tasks has driven interest in two forms of learning presumed to be more efficient: transfer learning and incremental learning.
  • In transfer learning, applicable knowledge established in a previously trained AI model is imported and used as the basis of a new model.
  • When used for edge AI applications, transfer learning involves sending data to the cloud for retraining, incurring privacy and security risks.
  • We generally recommend incremental learning because it addresses most of the shortcomings of transfer learning and requires dramatically lower computing costs.

Velodyne Lidar Responds to David Hall’s Latest False Statements

Retrieved on: 
Tuesday, August 24, 2021

Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) today responded to the latest false statements contained in David Halls August 23, 2021 open letter to the Companys Board of Directors (the Board).

Key Points: 
  • Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) today responded to the latest false statements contained in David Halls August 23, 2021 open letter to the Companys Board of Directors (the Board).
  • Halls repeated and demonstrably false statements have shown that he is willing to go to unacceptable lengths to advance his own self-serving agenda.
  • Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors.
  • Velodyne, the global leader in lidar, is known for its broad portfolio of breakthrough lidar technologies.

Locus Robotics Reaches Half-a-Billion Units Picked Milestone

Retrieved on: 
Tuesday, August 24, 2021

WILMINGTON, Mass., Aug. 24, 2021 /PRNewswire/ --Locus Robotics ( www.locusrobotics.com ), the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, today announced they have surpassed the half-a-billion-units-picked milestone.

Key Points: 
  • WILMINGTON, Mass., Aug. 24, 2021 /PRNewswire/ --Locus Robotics ( www.locusrobotics.com ), the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, today announced they have surpassed the half-a-billion-units-picked milestone.
  • "Reaching our half-billion pick milestone this quickly underscores the critical business value that Locus's proven technology brings to our customers around the world as they face exploding order volumes and limited labor availability," saidRick Faulk, CEO, Locus Robotics.
  • Locus's first 100-million milestone took 1,542 days while the most recent 100 million picks took just 94 days.
  • Locus is proud to have helped our customers efficiently meet this challenge while positioning them for success today, and easily-scalable growth in the future."

Locus Robotics Reaches Half-a-Billion Units Picked Milestone

Retrieved on: 
Tuesday, August 24, 2021

WILMINGTON, Mass., Aug. 24, 2021 /PRNewswire/ -- Locus Robotics (www.locusrobotics.com), the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, today announced they have surpassed the half-a-billion-units-picked milestone. This new achievement was attained just 94 days after Locus reached their 400M level.

Key Points: 
  • WILMINGTON, Mass., Aug. 24, 2021 /PRNewswire/ --Locus Robotics ( www.locusrobotics.com ), the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, today announced they have surpassed the half-a-billion-units-picked milestone.
  • "Reaching our half-billion pick milestone this quickly underscores the critical business value that Locus's proven technology brings to our customers around the world as they face exploding order volumes and limited labor availability," saidRick Faulk, CEO, Locus Robotics.
  • Locus's first 100-million milestone took 1,542 days while the most recent 100 million picks took just 94 days.
  • Locus is proud to have helped our customers efficiently meet this challenge while positioning them for success today, and easily-scalable growth in the future."

The Top 100 Healthcare Technology Companies of 2021

Retrieved on: 
Tuesday, August 24, 2021

NEW YORK, Aug. 24, 2021 /PRNewswire-PRWeb/ -- The Healthcare Technology Report is pleased to announce The Top 100 Healthcare Technology Companies of 2021.

Key Points: 
  • NEW YORK, Aug. 24, 2021 /PRNewswire-PRWeb/ -- The Healthcare Technology Report is pleased to announce The Top 100 Healthcare Technology Companies of 2021.
  • The diverse range of sophisticated products and services offered through these companies from digital pharmacies to holistic patient care and AI-powered robotics to digital healthcare payments have not only led to the modernization of the healthcare sector but also to a brighter future where healthcare is democratized for all.
  • Please join us in recognizing The Top 100 Healthcare Technology Companies of 2021.
  • The Healthcare Technology Report provides market research and insights, business news, investment activity updates and important corporate developments related to the healthcare technology sector.

Amyris Closes Acquisitions Of OLIKA Inc. And MG Empower

Retrieved on: 
Tuesday, August 24, 2021

MG Empower, founded by Maira Genovese in 2017, is the influencer marketing and digital innovation partner to some of the world's most influential brands, including Amyris, Inc., Bumble, Chopard, StarzPlay, Deliveroo and TikTok Bytedance.

Key Points: 
  • MG Empower, founded by Maira Genovese in 2017, is the influencer marketing and digital innovation partner to some of the world's most influential brands, including Amyris, Inc., Bumble, Chopard, StarzPlay, Deliveroo and TikTok Bytedance.
  • Ms. Genovese and her team have joined Amyris to support Amyris' family of consumer brands as well as external clients.
  • Amyris, the Amyris logo, No Compromise, Biossance, Pipette, Terasana, Purecane and Lab-to-Market are trademarks or registered trademarks of Amyris, Inc. in the U.S. and/or other countries.
  • These forward-looking statements include, among other things, statements regarding Amyris' expectations that the OLIKA team will provide greater bandwidth for Amyris' growth and that the acquisitions will generate new revenue for Amyris.

ICON Secures More Than $200 Million In Series B Funding Led By Norwest Venture Partners to Support Rapid Growth And Demand For 3D-Printed Construction

Retrieved on: 
Tuesday, August 24, 2021

ICON also welcomes Jeff Crowe, Managing Partner at Norwest Venture Partners, a leading multi-stage investment firm, to its Board of Directors.

Key Points: 
  • ICON also welcomes Jeff Crowe, Managing Partner at Norwest Venture Partners, a leading multi-stage investment firm, to its Board of Directors.
  • "This has required dozens of fundamental engineering, scientific and architectural breakthroughs, and we're very proud of where we are today.
  • "ICON's groundbreaking technology has created a new paradigm for homebuilding that fundamentally changes how housing is constructed," said Jeff Crowe, managing partner, Norwest Venture Partners.
  • ICON announced $9 million in seed funding led by Oakhouse Partners in October 2018.