Pharmaceutical companies use machine vision systems in automated production lines to inspect injection needles, which are unusable if blunt or bent. Multiple cameras photograph needles as they flow through the system on powered conveyors. Sophisticated computer software analyses the captured images to determine needle sharpness and check the contour of the tube. Industrial robots use this information to separate and discard defect needles.
The Forex money managers, traders or simply those previous employees from the currency trading wings develop complicated algorithms which make the task of reading the market a lot easier. They mix it with precious trader experience. All this cumulatively become an automated Forex robot.
Every day more and more users join the Internet and become familiar with the huge profits which can be made on the foreign exchange market. But trading the FX market is very complex and you will need years of experience to get your first profits. I’m not saying that you could make some money in your first trades, but these profits will be based more on luck than on pure foreign exchange knowledge. A trading robot will give you parts of the knowledge of an experienced trader in an automated software.
Dealing with sensitive data. Security, accuracy and fraud prevention are critical elements within finance and accounting departments. Here again, Robots outperform humans. Robots log into applications with the same user name and password credentials as humans. However, Robots only examine data directly relevant to the task at hand, they never make human errors and they have no motivation to use information or system access for fraudulent purposes. Robotic automation can also be applied on virtual workstations within data centers which further limits access to keyboards and computer screens by non-approved eyes.
Other robots use machine vision systems to perform complex tasks, such as weld inspection and optimization in the automotive industry. These usually involve elaborate actions and motion sequences, which the robot may even have to identify itself.
Computer Numerical Control (CNC) machining is another form of automation used in the U.S. manufacturing industry. CNC machines are typically lathes that machine parts used in automobiles, for instance. To operate a CNC machine requires not only machinist skills but programming skills. Just go to any online job board and search for CNC machinist jobs and a job seeker will find hundreds if not thousands of open CNC jobs. Don’t let anyone tell you that the U.S. manufacturing industry is dying. It isn’t. But it’s a high technology business that requires a high technology employee.