Tag: Robotics

Tetra Pak in Silicon Valley: Robotics and the Mindset of the Entrepreneur

Food packaging manufacturer Tetra Pak describes innovation as “a mainstay” of its survival and growth. And nearly 70 years on from its founding, Tetra Pak is among the world leaders in its industry. Tetra Pak’s commitment to discovering new ideas extends to running R&D and innovation centers across the globe. They also have an “open-door policy” for inventors who want to submit projects for assessment and possible development and support from the company. But Tetra Pak does not stop there. A vital part of Tetra Pak’s strategy is visiting Silicon Valley to learn about new technologies and trends. Three high-level ... Read more

Workplace Automation: Exploring the Next Frontier of Work

In a small startup in Silicon Valley, employee number twenty-three calls a meeting to attention and appraises each person attending the meeting on their progress. The meeting convener jots down these notes and compiles the results in a report. The entire meeting, which involved all twenty-two employees and includes note taking and report compilation takes just five minutes. In another similarly-sized company elsewhere, a similar meeting takes two to three hours. The difference? Employee number twenty-three is a Slack bot. At a large law firm in upstate New York, a new case has just started, and document discovery has just ... Read more

The Fourth Industrial Revolution Is Here. Is Your Business Ready?

  By Andy Zhulenev This is the first part of the SVIC original series to discover the technology breakthroughs that go beyond automation of manufacturing and digitization of information. The global economy is undergoing massive disruption. This “Fourth Industrial Revolution” brings us a world of cyber-physical systems, characterized by the merging of physical, digital, and biological realms in profound ways. Artificial intelligence (AI) serves as the primary catalyst of this transformation. Thus, companies need a deep understanding of technological trends. And any organization that aims to succeed in this new era of continuously accelerating change will need to significantly adjust ... Read more

ROBOTICS AS A BUSINESS: WHY BUILDING THE BILLION DOLLAR ROBOTICS COMPANY IS HARDER THAN YOU THINK

We’ve all seen our fair share of billion dollar companies in recent years. Brands like Twitter, Uber, Airbnb, and Groupon have all taken the market by storm and met with resounding success based on a felt consumer need – in areas as diverse as transportation, accommodations, food and events coupons, and social media. And so that’s why many prognosticators and trend followers have been surprised to see that #robotics hasn’t offered the equivalent. For quite some time now speculation has abounded as to when robots might go mainstream. In fact, back at the beginning of 2007, Bill Gates famously declared robots as the “next ... Read more

Monetizing the Emerging Megatrend in Commercial Robotics (Video)

Silicon Valley Innovation Center organized The Robotics as a Business (RaaB) Conference to help investors, entrepreneurs and executives in disruption-prone companies, e.g. hospitality, fashion retail and education, address the following issues: How to stay relevant and grow business when robotics disrupt your industry What commercial robotics technologies and innovations you can take advantage of right now How to profit from the emerging trends in commercial robotics What does it take to turn a robotic technology into a billion-dollar company

Shahin Farshchi: Robotics Investing. Challenges and Solutions (Video)

Shahin Farshchi, Partner at Lux Capital Management: New Frontiers of Hardware and Robotics Investing. Challenges and Solutions. Artificial Intelligence and robotics have made tremendous advances in the past decade, and the field shows the exponential growth tendency. Shahin Farshchi, a partner at Lux Capital and acknowledged expert in investing in hardware and robotics companies, will be providing advice to entrepreneurs interested in developing new technologies to revolutionize space, robotics, infrastructure, manufacturing, logistics, education, healthcare, computing and communications industries. DISCOVER myths and facts about robotics technology today IDENTIFY challenges involving the adoption and use of robots LEARN how to build a ... Read more

Shahin Farshchi: New Frontiers of Hardware and Robotics Investing (Video)

Shahin Farshchi, Partner at Lux Capital Management: New Frontiers of Hardware and Robotics Investing. Challenges and Solutions Artificial Intelligence and robotics have made tremendous advances in the past decade, and the field shows the exponential growth tendency. Shahin Farshchi, a partner at Lux Capital and acknowledged expert in investing in hardware and robotics companies, will be providing advice to entrepreneurs interested in developing new technologies to revolutionize space, robotics, infrastructure, manufacturing, logistics, education, healthcare, computing and communications industries. DISCOVER myths and facts about robotics technology today IDENTIFY challenges involving the adoption and use of robots LEARN how to build a ... Read more