Long before the dawn of the digital age, Hollywood gave rise to the fear that one day, robots will become too intelligent for their own good. At a glance, these fears are valid – particularly when you look at the vast innovations and developments taking place across the industry. Humanoid robots have an abundance of intelligence and the extent of the tasks they are programmed to complete is growing. However, it’s important to remember that these robots aren’t built for mass human destruction. Rather, they provide a window to the future of technology, where robots may become fully integrated into humanity.

Business process transformation is becoming a major focal point for organizations, aiming to improve their operational decision making with data. The digital twin market is aiding in this area with its ability to mirror products and therefore encounter possible errors or insights before they have happened on the original device. The global market for digital twins has already seen remarkable growth, and is expected to hit $50.2 billion by 2026, at a compound annual growth rate of 59.0%.

By 2022, robots are well-ingrained into our cultural psyche. A.I already features in many gadget-enthusiasts’ repertoires, with robotic vacuums and virtual assistants being common household appendages. But a fascination with robots isn’t reserved solely for this niche. Fitness fanatics have been maximising workouts with smart wearables, and even bookish types have pondered for decades whether androids dream of electric sheep. One thing is clear: A.I is entrenched deeply into society. And it’s only a matter of time until it completely transforms the world as we know it.

As the conversation around sustainable products continues to be a growing trend, the demand for flexible green packaging is set to increase from $223.3 billion in 2021 to $317.6 billion in 2027 at a compound annual growth rate (CAGR) of 6.2%.

The global digital twin market is experiencing a boom in terms of growth. In fact, the market is expected to increase from $4.9 billion in 2021 at a compound annual growth rate (CAGR) of 59% during the forecast period 2021-2026.

Collaborative Robots Background

The month of September marks not only a return to school and regular work hours (of course both of those things look differently in the age of COVID19), but September is also a time when many countries celebrate World Engineers’ Day.

Space exploration can help us solve the problems we face on Earth, such as resource and population pressures and shrinking energy supplies, and provide opportunities for environmental protection, scientific advances, new manufacturing and production processes and space tourism and settlement.

Any projects that deal with space are by nature complex and non-linear. It was because of this that space mining started out as an exciting adventure in 2007 and came to a seemingly disappointing close in 2017.