When you think of robotics, you think of giant, faceless machines, but you couldn’t be more wrong. Although robots are still very much a product of the future, as technology advances, robotics is becoming increasingly commonplace. Robotics is a branch of chemical engineering that deals with designing, testing, and constructing robots. In recent years, it has become an important field of engineering. The evolution of computer technology plays an important role in technology and manufacturing.
Robotics and AI are two technologies that have the potential to change the world, but they can also be tough to understand. But recent advances in these technologies are making it easier for companies to automate complex, repetitive tasks, which frees up employees to do more creative, high-level work. And according to Forrester Research, investments in robotics and AI are booming. The global robotic system market is expected to skyrocket from $38 billion in 2016 to $55 billion by 2021.
Here Are the Best Robotics Companies to Invest In:
NVIDIA Corporation, incorporated on July 20, 1993, is a U.S.-based global technology company. The corporation develops programmable graphics processors and other technologies for gaming, virtual reality (VR), augmented reality (AR), artificial intelligence (AI), and self-driving cars. Its products include graphics processing units (GPUs) for PCs, professional workstations and data centers, and AI processors for data centers. NVIDIA’s technology is designed to focus on executing applications more efficiently and intelligently.
The robotics industry is one of the fastest growing industries in America, as more and more companies realize that automation is a great way to boost productivity, lower costs, and open up new opportunities for businesses. NVIDIA’s push into the robotics market has been huge. The company is focusing its efforts on autonomous cars, adding to its NVIDIA Drive PX 2 platform, and partnering with other companies like Google, Ford, and BMW. The company’s shares are up about 50% in the past year, and the stock is trading at about 15 times earnings, which should make it an attractive investment.
UiPath Inc., a United States-based robotic process automation (RPA) software provider, announced its intention to acquire privately held UiPath Holdings Limited, a UK-based provider of enterprise RPA software. The acquisition is subject to customary closing conditions and is expected to close in the first quarter of 2018.
As the home automation industry takes off, robotics startups are leading the way. From robots that clean your house to robots that cook meals, today’s robotic startups are creating robots that can do just about anything. UiPath Inc. (NYSE: UiPath) is one such company whose flagship product, the Robotic Process Automation (RPA) platform, allows users to automate business processes using software robots.
Siemens AG is a German multinational conglomerate holding company headquartered in Berlin. In fiscal 2018, the company had revenues of €146.7 billion and a net income of €7.9 billion. It is the world’s largest engineering company and one of the world’s largest manufacturers of semiconductors, electric equipment, power equipment, and automation technology.
Its subsidiaries include Siemens AG, Siemens Healthineers, and Siemens Mobility. Besides being one of the world’s leading engineering companies, Siemens AG is also one of the world’s leading electronics and household appliances manufacturers. Its shares are traded on the DAX index in Frankfurt and are included in the Eurostoxx 50 index. The company employs 125,000 people in more than 200 countries.
Zebra Technologies Corp.
Zebra Technologies Corp. (ZBRA), a supplier of end-to-end solutions to create greater business value, is headquartered in Austin, Texas. Their products help organizations of all types and sizes in manufacturing and retail industries, healthcare and financial services, transportation and logistics, and governments. They are relied upon by customers to secure their supply chains.
Zebra Technologies Corp. (NYSE: ZBRA) is a leading provider of solutions and services that give enterprises real-time visibility into their operations to optimize resources, ensure compliance, minimize risk, and increase revenue. Over 6,000 organizations worldwide rely on Zebra’s real-time visibility into their operations to make better business decisions, deliver superior customer service, and increase their profitability.
The robotics industry is a booming one, and new startup businesses are popping up constantly. They will be essential for handling more and more demanding production tasks. New factory robots can make thousands of parts a day. The march of robotics rolls on, and in the next decade or so, our factories will be run almost entirely by them. Robotics companies are popping up everywhere, and it’s easy to get swept up in the excitement. With robot vacuum cleaners, smart robots, affordable personal robots, and even housekeeping robots, the industry is booming at a fast pace and will probably take over the world in the next few decades.