Ad
Ad
Ad
Ad
Ad
Ad
© stevanovicigor dreamstime.com Electronics Production | November 06, 2017

Rockwell Automation invests in AI for industrial automation

Rockwell Automation has invested in The Hive, a Silicon Valley innovation fund and co-creation studio, to gain access to an ecosystem of innovators and technology start-ups with a focus on applications of artificial intelligence (AI) to industrial automation.
With this investment Rockwell Automation’s wants to solve customer problems, accelerate innovation, as well as identifying new emerging technologies that can help improve business performance by bridging the gaps between plant-floor and higher-level information systems.

“Smart manufacturing requires the use of new and disruptive technologies such as AI to create the future industrial plants and supply networks that are flexible, efficient, responsive, and secure. AI can help manufacturers unlock data, contextualize it, and take action,” said Elik Fooks, senior vice president for corporate development at Rockwell Automation. “We continue to create partnerships with leading innovators, such as this one with The Hive, to further advance The Connected Enterprise, our vision for realizing unprecedented industrial productivity from the integration of plant and enterprise operations.”

“Rockwell Automation’s investment in The Hive will provide it with earlier visibility to AI technology from companies fostered by The Hive’s technology team,” said T.M. Ravi, managing director and co-founder of The Hive. “These include AI-powered applications for the cognitive enterprise, edge intelligence, security, and smart machines.”

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
December 04 2017 9:30 PM V8.9.2-2