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The global robo advisory market is expected to grow from $18.71 billion in 2021 to $28.10 billion in 2022 at a compound annual growth rate (CAGR) of 50.20%. The market is expected to reach $135.11 billion in 2026 at a CAGR of 48.08%, according to the report “Robo Advisory Global Market Report 2022” from ResearchAndMarkets.com.

‘Robotics is a source of economic growth in Europe, but at the same time it raises societal concerns’, says Anneli Roose of Robotics4EU, a Horizon 2020-project of the European Commission in this interview with Marco van der Hoeven at ERF 2022. Robotics4EU aims to discuss and adress these concerns, and bring stakeholders together. Among other things, they launched the commmunity Robospot.org  ‘Robots, and AI-powered robots, are the future, but we must talk about the socio-economic issues.’

A balanced approach based on the classical combination of people, processes and technology is the right recipe for success in an automation journey, says Carlos Garrido Pedraz, Head of European Business Services in this second edition or our CFO Chat with award winner Holcim. Host Armand Angeli of the CFO Automation Experience discussed RPA success with Carlos and his colleague Nikola Kisidayova, Manager Robotics, Automation, Process Improvement and Digitalization. “Invest in people, and skill them in the right way.”

Aspina, a US-based manufacturer of motors and modules in fields such as industrial equipment, home appliances, housing, automobiles and medical care has announced the development of an Autonomous Mobile Robot (AMR) for transportation in manufacturing plants.

Robots can be a very powerful tool in the energy transition, says Elinor Doubell, VP Digital Science at bp, in this report from the European Robotics Fair. Earlier this week she was one of the keynote speakers on robotics and sustainability. In this video she talks to Rocking Robots about the way robots change the way of working at bp.

“What was once done by dozens of people is now done by three or four”. Earlier this year Holcim won the “Top Process – Automation Implementation” award at the CEE Business Services Summit & Awards in Warsaw. For this edition of our CFO Chat Rocking Robots worked with Armand Angeli from the CFO Automation Experience, who discussed the winning automation strategy of Holcim with Carlos Garrido Pedraz, Head of European Business Services  and Nikola Kisidayova, Manager Robotics, Automation, Process Improvement and Digitalization.

Worldwide PC shipments are on pace to decline 9.5% in 2022, according to the latest forecast from Gartner, Inc. The PC market is expected to experience the steepest decline of all device segments this year.

Online eyewear retailer Zennihas automated the ‘last meter’ of its fulfillment center in Novato, California with three OSARO Robotic Bagging Systems. These robots  will take on the responsibility of readying eyewear orders for shipment to U.S. customers.

This year’s “Award for Innovation and Entrepreneurship in Robotics & Automation” (IERA) goes to Drishti, a video analytics company based in Mountain View, California. Drishti technology supports workers on assembly lines to avoid errors and be more productive. To achieve this, the company has developed the pioneering technology “action recognition”.

A University of Pittsburgh study suggests that while American workers who work alongside industrial robots are less likely to suffer physical injury, they are more likely to suffer from adverse mental health effects — and even more likely to abuse drugs or alcohol.