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Bots & BusinessInternationalSpotlight
Time Savings and Improved Data Quality Through RPA at De Surinaamsche Bank N.V.
De Surinaamsche Bank N.V. (DSB), the largest commercial bank in Suriname, serving both private and business customers, has automated the reconciliation of several general ledger accounts using RPA (Robotic Process Automation) in collaboration with Tacstone Technology. This automation has led to significant time savings and noticeable improvements in data quality.
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LG Electronics has invested $10 million in the newly established Alpha Intelligence Fund (AIF), a $130 million venture fund managed by SBVA. This move is part of LG’s broader strategy to deepen its engagement with startups specializing in artificial intelligence (AI) and deep technology, areas the company views as crucial to its future growth.
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Window Hero, specialized in exterior cleaning services, has partnered with Lucid Bots, a North Carolina-based AI robotics firm, to launch a drone-powered cleaning service. This service is designed to clean larger structures more efficiently, as demonstrated at Ambassador Christian School in Huntersville, North Carolina, where the company recently showcased the technology.
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Shanghai-based AGIBOT has introduced five new commercial humanoid robots at its annual product event. The newly launched robots belong to the “Yuanzheng” and “Lingxi” series. Among them are the Yuanzheng A2, an interactive service robot; the Yuanzheng A2-W, which is tailored for flexible manufacturing; the heavy-duty Yuanzheng A2-Max; the Lingxi X1, an open-source robot developed by Zhiyuan X-Lab; and the specialized data acquisition robot Lingxi X1-W.
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The global machine vision system market is projected to reach $159.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.9% from its valuation of $49.7 billion in 2023, according to a report by Allied Market Research. The market growth is driven by advancements in artificial intelligence (AI) and deep learning, alongside the expansion of industrial Internet of Things (IIoT) and smart manufacturing.
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With current technology, it will take more than 70 years and cost 33.5 billion euros to demine Ukraine, which has a mined area of 144,000 sq. km. Now, a Ukrainian tech entrepreneur in Denmark aims to make demining Ukraine cheaper, faster and safer. He has moved to Odense to accelerate development of his robotics and drone solution after being selected by Odense Robotics StartUp Fund for a place at the incubator at DTI. Part of the solution is already being manufactured and tested in Ukraine.
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Serve Robotics and Shake Shack have announced a new partnership to deliver Shake Shack meals using Serve’s autonomous sidewalk delivery robots via Uber Eats, the online food delivery platform operated by Uber Technologies Inc. This service will initially be available to customers at select Shake Shack locations in Los Angeles.
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A recent study by Kaspersky reveals that artificial intelligence (AI) is increasingly becoming an integral part of various sectors. According to the study, many respondents view AI not only as a tool but also as a full-fledged team member in the workplace. Notably, nearly a third of respondents (29%) believe that AI could be a fairer boss than a human due to its perceived impartiality. Additionally, 41 percent of those surveyed foresee that children will soon be educated through virtual experiences and metaverses.
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Bots & BusinessInternational
‘Everyday AI and Digital Employee Experience Two Years Away from Mainstream Adoption’
Everyday AI and digital employee experience (DEX) are projected to reach mainstream adoption in less than two years according to the Gartner Hype Cycle for Digital Workplace Applications, 2024.
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The global space robotics market size was USD 4.45 Billion in 2022 and is likely to reach USD 7.08 Billion by 2031, expanding at a CAGR of 5.3% during 2023–2031. The growth of the market is attributed to the increase in demand for efficient service, repair, and maintenance of geostationary satellites.