7 Industry Updates You Need to Know This Week [60-Second Read]
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1. Sourcing for Sensors Used to Detect Soil Health, Contaminated Water Is Up 134% YoY [Video]
In 2023, sensors are more varied and cheaper than ever before. In this week’s Thomas Index Report, we explore how the creative deployment of sensor technology has created new opportunities for industry and impacted sourcing trends on Thomasnet.com®.
2. What Happened to the Girl Scout Cookie Supply Chain?
Consumers can still purchase the affected cookies on sites such as eBay, the Courier Journal reported. However, the popular choices, which typically cost $5 or $6, are being resold for more than $30.
3. Arizona Pushes for Billions in Federal Chip Funding
Other states are also vying for the funding — the report specifically mentioned Ohio, New York, and Texas, each of whom has secured new chip projects in recent months — but Arizona has led the nation in semiconductor-related economic development announcements since 2020.
4. Deep Learning Robotics Receives Patent for Revolutionary Computer Vision Technology
Deep Learning Robotics, a company based in Binyamina-Giv'at Ada, Israel, announced the new patent at the recent AI Week event in Tel Aviv. The company pioneered the use of robots to create accurate training data in 2016, when it first generated and linked visual and spatial features automatically and in real time.
5. With 25x Greater Control, This Company’s High-tech Pump Controller Optimizes Workflow
"Our service is meant to make water filtration tasks like monitoring levels and running an automated system much easier for our clients," explains David Lake, founder of Vigilant Controls. "Users have to manage most water filtration systems on a day-to-day basis, taking time away from tasks in other areas of their business. With Vigilant Controls, our customers have the ability to monitor such things from their mobile devices without having to walk around or even be on-site.”
6. EVelution Energy to Build First U.S. Solar-Powered Cobalt Plant
EVelution Energy expects the location to produce more than 36,000 tons of EV battery-grade cobalt sulfate annually, which the company said could support about 470,000 EVs annually. Officials said the location’s sourced cobalt would only come from companies that comply with the Responsible Cobalt Initiative (RCI).
7. The Outlook of Automation in 2023
Thanks to rapid advancements in size, speed, affordability, functionality, and useability, the global industrial automation market is expected to hit $265 billion within three years. Automation promises lower operating costs, improved worker safety, a higher return on investment (ROI), better product quality, operational efficiencies, and competitive advantage.
Image Credit: greenbutterfly / Shutterstock.com
