ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Teradyne Robotics and Siemens Announce a Strategic Collaboration for the Siemens Experience Center at MxD to Showcase the Future of Automation in the U.S.

Teradyne Robotics, a division of Teradyne, Inc. (NASDAQ: TER) and global leader in advanced robotics solutions, is jointly developing a robotics showcase at MxD (Manufacturing x Digital) with Siemens, a global leader in industrial automation hardware and software.

The collaboration will be showcased at MxD innovation center in Chicago, IL, a non-profit organization serving as a hub for digital manufacturing and cybersecurity in the United States. MxD features some of the most advanced manufacturing equipment in the world.

Siemens, as a founding member of MxD, is enhancing the customer experience based on Industry-specific Digital Threads, including a strong focus on AI-driven robotics use cases.

“The groundbreaking automation innovations of the future won’t come from one single company but from close cross-technology ecosystem collaborations,” says Ujjwal Kumar, Group President of Teradyne Robotics. “I am thrilled to deepen our strategic partnership with Siemens and to continue our joint efforts to shape and accelerate the future of industrial automation.”

The Siemens and Teradyne Robotics activities build on previous collaborations announced earlier in 2024 and positions Teradyne Robotics, which includes collaborative robot (cobot) company Universal Robots and autonomous mobile robot (AMR) company MiR, as a key partner in advanced robotics and automation for Siemens in North America.

“Our collaboration with Teradyne Robotics comes to life at MxD where we provide our customers with a view into the future of automation, based on new, AI-driven technologies. This will enable a frictionless journey between robotics and automation for our customers,” says Rainer Brehm, CEO of Factory Automation at Siemens Digital Industries.

Teradyne Robotics companies, Universal Robots and MiR, in collaboration with Siemens, will display advanced robotics and automation solutions, including the compact UR5e cobot, the new generation cobots UR20 and UR30, a MiR 250, and a mobile cobot. The demonstrations will replicate the setup of a real factory line, displaying solutions within consumer-packaged goods, aerospace, cleanroom environments, semiconductor factories and more. This will allow customers and partners visiting MxD to gain firsthand insights into applied robotics and automation, and how these technologies can significantly impact their business.

Collaborating to enhance interoperability

In April of this year, Universal Robots announced it had integrated PI's Standard Robot Command Interface (SRCI) into its software enhancing the connectivity capabilities of UR’s cobots and ensuring customers a frictionless integration with SIMATIC Automation system, which are supporting the PROFINET SRCI standard.

Similarly, MiR is currently working together with SIMOVE, the Siemens standardized platform for Automated Guided Vehicles (AGV) and AMRs applications and solutions, to define a VDA 5050 adapter. This collaboration will enhance interoperability at Siemens sites and Siemens’ customer sites, and ensure streamlined integration between MiR robots, other mobile equipment and the SIMOVE system.

Also in April this year, UR and Siemens introduced joint customer references for groundbreaking advancements in AI-enabled robotics, created to revolutionize intra-logistics fulfillment and address the challenges posed by a shrinking labor pool and rising operational costs. By combining Siemens' advanced AI vision technology, SIMATIC Robot Pick AI, with UR's industry-leading cobots the collaboration enables effortless robotic picking of any item.

About Teradyne Robotics

Teradyne Robotics, a division of Teradyne (NASDAQ: TER), is a global leader in advanced robotic solutions, and is comprised of Universal Robots and Mobile Industrial Robots. Teradyne Robotics empowers businesses of all sizes to enhance operational efficiency by integrating the power of robots with human talent. For more information, visit teradyne.com/robotics.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.