The Washington Post reported that over the last 10 years the United States lost more than a quarter of its manufacturing jobs. Although we are all aware it’s cheaper to manufacture products overseas, Washington Post reporter Peter Whoriskey explains that Asia is producing an ever-increasing workforce armed with engineering doctorates. China and other Asian countries are also flowing millions of dollars into high tech research in order to compete with the tech industry in the United States. For example, over the last 10 years China doubled the number of engineering doctorates awarded.
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The report further focuses on the leading industry players that will steer the course of the Industrial Robot market through the forecast period. Each of these players is analyzed in detail so as to obtain details pertaining to their product/services, recent announcements and partnershipsFeature Articles, investment strategies and so on.
Robotic process automation refers to the use of software programs to perform tasks that have been previously performed exclusively by humans or at least, thought to be only possible to have been done by humans. These programs, referred to by the moniker ‘bots’, can be programmed to perform a variety of tasks. The so called ‘dumb’ bots can perform simple tasks like controlling and maintaining systems, monitoring levels and other mundane tasks that do not require any decision making and fall within well-defined rules.
Some industrial robots carry out repetitive actions without variation, such as in typical ’pick and place’ applications. These actions are determined by programmed routines that specify the direction, velocity, acceleration, deceleration, and distance of a series of coordinated movements.