Adam Korn, a former managing director at Goldman Sachs who played a key role in the bank’s embrace of technology, has joined Sixth Street Partners, an investment firm, as its new chief information officer. Earlier this year, Korn left his… Read More ›
On the wings of strong sales from its businesses which makes a host of products ranging from supply chain and warehouse automation equipment to aircraft engines and catalysts for petroleum refining, Honeywell International Inc reported a better-than-expected second quarter profits… Read More ›
Fears of trade wars and with lower demand from China are some of the significant variables in the cooling of Germany’s exports of industrial automation and robotics. On Tuesday, Germany’s VDMA, a mechanical engineering association stated, sales of automation equipment… Read More ›
The move is not only in line with U.S. President Donald Trump’s efforts to shift manufacturing back to the United States but also has material cost savings factored in it. On Monday, Japan’s Mitsubishi Heavy Industries Ltd (MHI) and Boeing… Read More ›
As per a research paper released by the World Economic Forum, 65% of the world’s workforce will have to be retrained so as to not lose their jobs to robots. It is no secret that robots are essentially more efficient… Read More ›
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