May 23 – 5 Key Stories From The Digital World

By May 22, 2019 Insight

1. Twenty-five years of digitization: Ten insights into how to play it right

  • Large economic potential is linked to digitization—and much of it yet to be captured
  • Digital superstars are rising far beyond the US big four and China’s big three
  • Self-cannibalization and innovation are a necessity for digital reinvention

2. AI, Automation, And Robotics . . . Oh My!

  • Chatbots, voice assistants, and conversational computing platforms all supplant the user interface with natural language, while content intelligence helps find the right assets for the right customer.
  • Robotic process automation, digital process automation, and digital decisioning platforms all take previously manual processes and automate them for better, quicker customer and employee outcomes.
  • Customer service robots, delivery robots, and industrial robots all automate physical processes by interacting with customers, employees, and their environment.

3. 3D printing and robots power largest furniture maker in the world

  • forward-thinking approach to automation that relies on robots and 3D printing technologies has helped the family-owned company thrive in a shrinking labor market
  • “We’re doing 10% more business out of our Arcadia facility alone with probably almost 15% less labor,”
  • Ashley installed its first robot on the manufacturing floor five years ago, making it a slow entrant to the industrial automation game

4. Ford taps Agility Robotics’ bipedal robot to test package delivery

  • two-legged robot with a lidar sensor, stereo cameras, and a maximum lifting capacity of 40 pounds
  • driverless Ford car will arrive at a destination and open its trunk door, which conceals a folded Digit
  • autonomous robots will make up 85% of last-mile deliveries by 2025 if the current trend holds

5. Las Vegas approves a $48.6 million contract with Elon Musk’s Boring Company

  • Boring Company’s underground “people mover,” the LVCC Loop, will consist of two tunnels for vehicles and three stations, as well as a pedestrian tunnel
  • Boring Company has completed one 1.14-mile tunnel in Hawthorne, California
  • Musk said at the time that the tunnel cost $10 million and took a year and a half to complete