Factory Automation Will Speed Forward with A.I., Says Bernstein
By Tiernan Ray for Barron's: Bernstein Research’s Alberto Moel, who follows tech-industrial companies such as Corning(GLW) and AU Optronics (AUO), this afternoon offered up a thinks piece on robotics andfactory automation, arguing that some of the costs of automation beyond the basic cost of the robot are about to get dramatically cheaper, thanks in large part to artificial intelligence akin to what Alphabet (GOOGL) and others are doing.
Moel notes that the basic components of factory robots are only falling by perhaps 6% per year, their cost reduction bounded by things such as casings and servomotors and reduction gears that don’t rapidly fall in cost.
But, writes Moel, the cost to install and adjust these machines on a factory floor is ten times their component cost and that stuff can be reduced more dramatically:
How much this integration costs varies widely. An often-cited rule of thumb is that a $50,000 robot will need $500,000 of integration costs before it is all said and done. Of course, these integration costs can be amortized over many robots, so perhaps a better estimate would be 3-5x the robot cost [...] But I do believe we are at an inflection pointthat will materially increase the capability of automation systems and substantially reduce programming, setup, and fixturing costs which are the largest cost element in most automation efforts. So instead of a measly 6% YoY cost reduction , we get 25-30% YoY declines, and automation Nirvana. Cont'd.. .
Ethernet or EtherCAT for Motion Control Webinar: Choosing the Right Network for Your Applications
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Fetch Robotics Expands Executive Team
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Allied Motion Technologies Announces Completion of Heidrive Acquisition
Allied Motion Technologies Inc., a global designer and manufacturer of motion control products, announced today that it has completed the acquisition of Heidrive GmbH, a drive technology and engineering company for €20 million (approximately US$22 million). Allied Motion announced on December 23, 2015 that it had signed an agreement to purchase Heidrive.
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ATX West - Digital Dynamics Announces SuperIOr® Controller for PLC Applications at ATX West 2016
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ATX West - Computrol to Discuss High-Mix Manufacturing and Lot Traceability at ATX West
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Stenner Pump Meets Increased Customer Demand with Rethink Robotics' Baxter
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Opto Diode Introduces Family of Near-Infrared Detectors
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Factory Automation - Featured Product
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