Neocortex artificial intelligence links cyber/digital systems and physical systems of the Industry 4.0 revolution – where software algorithms control machines that are integrated with each other and users.
Neocortex uses a closed loop system, known as cybernetics, to control robots. This embedded system uses sensor data coupled with physical movement, further integrating the Internet of Things.
In the supply chain, the above smart system provides a highly flexible robot cell that operates at maximum speed – matching the utility of semi-skilled labor. The Neocortex-based robotic cell (Neocortex G2R Cell) continues to get smarter with time – adjusting to parts, processes, containers, and orders. Thus, its value increases over time and with use (just like an employee), leading to a SaaS (software as a service) delivery model.
Neocortex SaaS also spans cloud-computing servers.
This broadens the scope and significance of patterns discovered and monitored across the cyber-physical barrier, leading to valuable breakthroughs in advanced analytics of big data: supply chain effectiveness, group learning of robots, introduction of SKUs, quality or vendor problems, damage trends, and customer order satisfaction. This both lowers costs and increases sales.Read More >>
Research and Markets projects that the global warehouse and logistics robot market revenue will grow from $1.9B in 2016 to $22.4B in 2021, and units from 40,000 to 620,000. Research Analyst Manoj Sahi states, “new robotics technologies that could yield a return on investment (ROI) in less time than it took a few years ago.” Two key areas the report points out are the growth of mobile robot platforms and industrial robot manipulators.Read More >>
Clint Reiser points out in the linked article that a new revolution in supply chain analytics is occurring. There is new level of data detail, it’s coming at us faster, providing bigger patterns and better insights.
The detail isn’t just point-of-sale information, customer buying patterns, or fleet telematics. From Universal’s perspective, the combining of machine learning and machine vision into robust automated solutions for material handling processes previously thought as random is a unique source of this data.Read More >>
Note from Bob Ferrari’s Post on Aug 7, 2014 entitled Permanent Shifts in Consumer Shopping Trends Have Supply Chain Implications. He comments on a quote in the article: Online Customer Fulfillment, Retail Supply Chain, Supply Chain Business Process that cites the following from Shopper-Trak: “Online sales have grown more than 15% every quarter for the past two years and are having a big impact on the way many companies are looking at their brick-and-mortar stores…. Rather than networks of distribution centers and fleets supporting individual physical stores, the new emphasis will be on high-volume online fulfillment supported by combinations of fulfillment centers and multi-purpose retail outlets.”Read More >>