Elon Musk said that Tesla is not just an electric-car maker but going forward people will know it as an AI robotics company. He said that Tesla was in the process of building one of the strongest hardware and software AI teams across the globe. “We appear to be able to do things with self-driving that others cannot. So and if you look at the evolution of what tech we have developed, we developed them in order to solve the problem of self-driving,” he said.
India is working on an incentive-linked investment scheme for setting up hyperscale data centers and boost the capacity of the existing data center ecosystem. Ministry Electronics and Information Technology is also planning to incentivise the manufacturing ecosystem of drones and robotics. Ajay Prakash, Secretary – MeitY said that despite the second wave of COVID-19, the govt maintains an optimistic outlook for the electronics manufacturing sector.
LG and quantum algorithm developer Qu & Co have joined hands to conduct research to develop quantum computing tech for multiphysics simulations over the next three years. Multiphysics involve simultaneously occurring multiple physical phenomena and is used to analyze, verify such systems. LG said it expects quantum computing tech to be implemented in big data, IoT, robotics, and to improve competitiveness in future tech businesses.
Robotic process automation (RPA) has been considered important for driving digital transformation by 96% of decision-makers, according to a report by Blue Prism, a UK-based RPA company. About 84% of business decision-makers see RPA as a solution to global productivity problems. RPA is used to streamline enterprise ops and reduce costs by automating processes, which enables business users to devote more time to serving customers.
Ola has tasked ABB with robotics and automation solutions for its e-scooter factory in Tamil Nadu, which is expected to be up and running soon. ABB’s automation solutions will be deployed in factory’s key manufacturing process, painting and welding lines. While Robots will be deployed in the battery and motor assembly lines. Ola’s proprietary AI Engine and tech stack will power the factory.
UiPath, an RPA firm, has appointed Anil Bhasin, former VP of India & SAARC at Palo Alto, as MD and VP, India, and South Asia replacing Manish Bharti. Bhasin would help in adoption of automation to accelerate digital transformation across various industry verticals and sectors. He would be closely working with Rick Harshman- Senior VP and MD- Asia Pacific, Japan. UiPath recent secured $750 mn in Series F funding valuing the firms at $35 bn.
Hong Kong-based Hanson Robotics said it would start rolling out four models, including Sophia, out of factories in the H1 of 2021. The firm aims to tap the pandemic driven new opportunities for the robotics industry as it believes that robotic solutions are not limited to healthcare, but could assist in industries like retail and airlines too. Hanson aims to sell “thousands” of large and small robots in 2021.
Digital transformation, riding on the wave of new-age tech — AI, cloud computing, IoT, blockchains, robotics– can drive the manufacturing sector to create $1 trillion economy by 2025 up from $200 bn, said Niti Aayog CEO Amitabh Kant. According to the CEO, the Central government’s Digital India push helped to bridge the digital divide in the country. “Digital is the future,” and if India wanted to improve the social and health sectors, going digital was critical.