After accelerating its global expansion, robotics manufacturing company Addverb Technologies is all set to achieve a new milestone: Attain gender equality on its shop floor.
But this doesn’t come without hurdles!
Most of the employees Addverb hired have a Bachelor or Diploma in Engineering. For office or desk jobs and even in R&D, the company doesn’t face many challenges in onboarding female employees.
Robotics firm Addverb Technologies on Wednesday announced the appointment of Sylvain Auvray as Chief Design Officer for Singapore and Phillip Gollan as Chief Service Officer for its global operations.
These hires come in the backdrop of Addverb’s recent expansion in global markets of Singapore, Europe and Australia. The move is influenced by an increase in demand for its solution will surge, according to a statement.
Auvray has more than 25 years of experience and has served as a leader in global industrial machine making companies like Serac Group and Sidel. He has expertise in product development, supplier development, planning, designing, and localization of products.
Robotics and automation firm Addverb plans to expand its robot manufacturing unit in India to boost its output by around 10 times in the next financial year, a senior company official said. The company has announced the start of international operations in Singapore, Australia, Europe and is looking to start operations in the US before the end of the ongoing calendar year.
“Addverb is looking to expand its manufacturing capability and is looking to create the world’s largest robot manufacturing facility in India which will expand Addverb’s capabilities by almost 10 times by next financial year,” Addverb Technology CEO Sangeet Kumar told PTI.
The company has a manufacturing unit in Noida which was inaugurated in March with capacity to manufacture more than 50,000 robots of varied types in a year.
Addverb Technologies, which provides robotics and automation tech to customers such as Reliance, Flipkart and Amazon said it is further expanding its presence across the markets of Europe, Singapore, and Australia. This strategic initiative stems from increased demand for robotics and automation solutions in the global market.
The global robotics market was valued at $27.73 billion in 2020 and is expected to reach $74.1 billion by 2026, registering a CAGR of 17.45 per cent, during the period of 2021-2026.
“We are taking Addverb Technologies global in the international robotics and automation marketplace,” said Sangeet Kumar, CEO and co-founder of Addverb Technologies. “With this expansion, we aim to provide an end-to-end product portfolio which will streamline warehousing and factory operations and will help customers create warehouses with higher levels of efficiency, accuracy and flexibility”
Addverb Technologies, the leading Robotics, and Automation company in India, is further expanding its presence across the markets of Europe, Singapore, and Australia. This strategic initiative stems from increased demand for robotics and automation solutions in the global market. The global robotics market was valued at USD 27.73 billion in 2020 and is expected to reach USD 74.1 billion by 2026, registering a CAGR of 17.45%, during the period of 2021-2026.
Established in June 2016, Addverb has seen a meteoric rise and clocked an approximate revenue of around 27 Million USD in FY 2020-21. They inaugurated a state-of-the-art manufacturing facility, “Bot-Valley” which also houses a well-equipped R&D facility at Noida in March 2021. The company has one of the widest Robotic and Automation product portfolios in the whole world and has more than 100 customers including the likes of Reliance, Flipkart, Amazon, Hindustan Unilever, Coca-Cola, PepsiCo, Future Supply Chain, Marico, etc.
Commenting on the global expansion plans, Sangeet Kumar, CEO, Addverb Technology says, “We are glad to announce that we are taking Addverb Technologies global in the international robotics and automation marketplace. With this expansion, we aim to fully exploit the potential across the European, Australian, Asian and American markets, providing an end-to-end product portfolio powered by AI, Machine Learning, Deep Learning, Computer Vision & IoT which will streamline warehousing and factory operations and will help customers create warehouses with higher levels of efficiency, accuracy and flexibility”
Researchers from IIT Delhi and AIIMS have developed a tele-robotic system that can help conduct ultrasound remotely.
In a routine ultrasound setting, the doctor stands in close contact for long durations with the patient, which was less of a problem until the Covid-19 pandemic hit the world.
During the pandemic, Dr Chadrashekhara from AIIMS said they realised that close proximity with patients increased the risk of exposure to Covid-19, and, therefore, they approached IIT Delhi to explore the possibility of a robotic system that could help conduct ultrasound remotely. IIT Delhi has a tie-up with Addverb — a robotics company.
It took all the researchers and the company seven to eight months to design the tele-robotic ultrasound, said Dr Chandrashekhara, additional professor, department of radiology, AIIMS. “There are some refinements needed before the system can be used for patient services,” he added.
We all know, that past one to two years have been real challenge for all the verticals, and automobile was one of the worst hit at that point of time. Now it is picking up. We have seen a lot of challenges in automobile supply chain in past, which has been there, this V shape, recovery means, we really need the supply chain to be more robust. We want supply chain to be from the standpoint that’s able to take this kind of demand, which is expected to be there in next year or two years, hoping that the pandemic goes down, and, there is no there is no third wave coming in.
Biggest challenge which I would like to mention is, overstocking, storage and right inventories, because visibility is not there. You need to be controlling the supply chain from all aspects. I will also talk about the pandemic effects which have actually affected supply chain and how things are moving as far as supply chain is concerned and what all needs to be done. Further Singh says, the majority of supply chain professionals today, already use some level of efficient tools, we know most of which only work on one specific task. So due to this complexity on the supply chain tasks, many tools can become a burden to managers right now. Often takes longer times for audit, and the reason for that is it’s totally manual or there is some level of automation, which is related to barcodes or rfid. Here robotics along with wms is going to play a definite role going forward, that’s what is going to improve the storage, inventory stage and overstocking of the supply chain.
Addverb’ is one of the leading robotics and automation firm in the intralogistics solutions space. By leveraging various digital technologies, the company has designed its own software solutions that are embedded in the hardware for accomplishing a task. The company currently works with many large e-commerce players and fashion retailers to automate their warehousing process. In a conversation with Bizz Buzz, company’s Co-founder Bir Singh said that the company has opened offices in overseas market in the last one year and has plans to set up a centre in the US soon. Such overseas expansion will help the company to bag more orders. The technology firm aims to attain $1 billion revenue mark in the next five years and is in talks with investors to raise its next round of funding in the near future, which will enable it to set up another manufacturing unit.
Alexa! What is Artificial Intelligence? “Artificial Intelligence is the study of devices that perceive the environment and take action that maximize their chance of success at some goal, more commonly is used to describe when machines are seen as mimicking human cognitive functions such as learning and problem solving”. Well, isn’t that convenient.
Artificial intelligence (AI), a radical concept developed by computer scientists in the 1950s, has tremendous applications in our daily lives today. It has come to play a crucial role in manufacturing, healthcare, finance, marketing and more. Companies and people worldwide are relying on machine learning, robotics and artificial intelligence to improve their products, processes and customer experience. Whether it’s the cars we drive, computers that predict the weather, toys that learn to interact with children, or writing computer codes, AI is changing the way we live, work and play.
The emergence of Industry 5.0 as concept and as reality is based on the idea of human-robot collaboration to combine the intelligence of both for getting accurate and faster results. The term Industry 5.0 refers to people working alongside robots and smart machines. It’s about robots helping humans work better and faster by leveraging advanced technologies like the Internet of Things (IoT) and big data. It adds a personal human touch to the Industry 4.0 pillars of automation and efficiency.
As machines in the workplace get smarter and more connected, Industry 5.0 is aimed at merging those cognitive computing capabilities with human intelligence and resourcefulness in collaborative operations. The pairing of human and machine workers opens the door to countless opportunities in manufacturing. And since the use cases of Industry 5.0 are still in their relative infancy, manufacturers should be actively strategising ways to integrate human and machine workers to maximise the unique benefits that can be reaped as the movement continues to evolve.