Robotics Technology Has Now Found Its Usage in Countless Verticals
Robotics technology can be defined as the brilliant juncture of science and engineering to crop up machineries called robots, which are mainly utilized in replicating human actions. The main intent of automated solutions or robotics technology is to improve the performance of a business venture and to strengthen their profit margin. In the last few years, robotics technology has happened to find its array of applications in a number of spheres such as manufacturing, healthcare, household, agronomy etc.
Hyundai Robotics has lately signed a MoU with Hyundai E&C that would permit both the ventures to put through robotic development at construction plots. This would not only develop essential technologies for autonomous driving, but would also pave the way for long-term business growth. A R&D team would be formed by both the organizations and the system would allow corroboration and commercialization of developed techniques at all times. By coalescing indoor and outdoor autonomous robotics, they are all set to scale up the application of robot infusions to a number of boroughs such as logistics, construction, manufacturing etc. In the construction belt, the robots would also be upgraded based on specific technologies. Hyundai E&C, conjoining with Hyundai Robotics, would present the notion of automatic production to the development sites.
On the other hand, JUDI, also referred as the Joint Understanding and Dialogue Interface, has been developed by two renowned research labs in the U.S namely University of Southern California’s Institute for Creative Technologies and U.S. Army Combat Capabilities Development Command’s Army Research Laboratory. The technology facilitates bi-directional conversational interfaces between independent systems and militaries. Dialogue is truly considered as the most basic and prominent way humans tend to use language. Army researchers have now come up with an inventive dialogue ability to revolutionize the interactivity between robots and soldiers, thus accomplishing joint tasks at high pace. The fluid interaction attained by dialogue would, in turn, curtail down the training overhead and perk up the agent-soldier teaming.
ICT (Institute for Creative Technologies) brings computer & social geniuses along with the professionals from the field of film and game industry in order to evolve the technology of immersive solutions for military education, health remedies, constructive training, and many more. Here, JUDI, with autonomous systems on board, allows exclusive verbal order and control of systems and is projected to improve the communication between soldiers in several ways.
As per latest research, the global robotics technology market is expected to portray a significant CAGR from 2020 to 2027.
Increase in need for automation in businesses and easy access to fuel-efficient, reasonable, and environment-friendly robots are the major factors driving the growth of the market. Moreover, surge in adoption of automated solutions in emerging economies and rapid use of the technology in adversarial applications have supplemented the growth yet more. To conclude, it can be stated that the market has already started flourishing no less than a rocket’s pace and it’s going to bloom yet more in future.