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Rockwell Automation to Advance Intelligent Automation, Mobile Robotics in Manufacturing Logistics in Collaboration with NVIDIA

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Rockwell Automation is expanding its collaboration with NVIDIA to further develop intelligent automation and mobile robotics in manufacturing logistics. This partnership aims to enhance autonomous mobile robots (AMRs) using NVIDIA's AI technologies. OTTO Motors, a division of Rockwell, will leverage NVIDIA's Isaac robotics platform to improve efficiency and performance in industrial settings. Additionally, Rockwell is integrating NVIDIA Omniverse Cloud APIs with its Emulate3D software to facilitate data interoperability, live collaboration, and advanced graphics for digital twins of production systems. According to Rockwell's 'State of Smart Manufacturing Report,' 83% of manufacturers plan to use AI in 2024, highlighting the significance of this collaboration for future industrial advancements.

Positive
  • Rockwell's collaboration with NVIDIA enhances the development of AI-driven autonomous mobile robots (AMRs).
  • Integration of NVIDIA Isaac robotics platform aims to boost efficiency and performance in manufacturing.
  • Rockwell's Emulate3D software now includes NVIDIA Omniverse Cloud APIs for better data interoperability.
  • The 'State of Smart Manufacturing Report' indicates 83% of manufacturers will use AI in 2024, supporting this strategic move.
  • NVIDIA joining Rockwell's PartnerNetwork™ brings more AI applications to Rockwell's industrial customers.
Negative
  • The announcement lacks specific financial data or projections, making it difficult to assess immediate business impact.
  • No mention of cost implications or investment required for this expanded collaboration.

Insights

Rockwell Automation's collaboration with NVIDIA to develop next-generation autonomous mobile robots (AMRs) represents a significant step forward in industrial automation. The integration of NVIDIA's AI and robotics technologies, such as the Isaac robotics platform, enhances the capabilities of AMRs, making them more efficient and smarter in their operations.

This partnership is expected to drive substantial improvements in manufacturing logistics by leveraging AI to optimize tasks that were previously labor-intensive. By incorporating AI, these robots can better navigate complex environments, handle materials more effectively and reduce downtime, which in turn increases overall productivity and efficiency within factories.

The integration of NVIDIA's Omniverse Cloud APIs with Rockwell's Emulate3D software is another notable aspect. This combination offers advanced features like data interoperability and photo-realistic graphics rendering, allowing for more accurate simulation and digital twin creation. These digital twins enable manufacturers to visualize and optimize their production processes in a virtual environment before implementing them in the real world, reducing errors and saving costs.

For retail investors, it's essential to recognize that this development positions Rockwell Automation at the forefront of industrial AI and robotics. The demand for smarter, AI-driven solutions in manufacturing is growing, with 83% of manufacturers expecting to use generative AI in their operations in 2024. This trend suggests a promising future for companies like Rockwell Automation that are investing in advanced AI technologies.

The collaboration between Rockwell Automation and NVIDIA is strategically aligned with the current industry trend of increasing AI adoption in manufacturing. According to the 'State of Smart Manufacturing Report,' AI is seen as the top feature driving significant business outcomes. This partnership aims to tap into that potential by enhancing the capabilities of AMRs and providing more robust automation solutions to industrial customers.

Including NVIDIA in the Rockwell Automation PartnerNetwork™ expands the range of applications available to Rockwell’s customers, potentially increasing the stickiness of Rockwell’s products and services. Customers seeking to make their operations more resilient, agile and sustainable will find value in the enhanced capabilities brought by this collaboration.

From a market perspective, this move can strengthen Rockwell’s competitive position in the industrial automation sector. The company is not only addressing current demands but also preparing for future advancements in AI technology. This foresight could translate to sustained growth and increased market share, making Rockwell a potentially attractive option for investors looking at long-term gains.

However, investors should also consider potential risks, such as the pace of AI adoption in the industry and the ability of Rockwell to integrate and scale these advanced technologies effectively. Monitoring the implementation and reception of these AI-driven solutions will be important in evaluating the partnership's success.

OTTO Motors by Rockwell Automation will create next-generation autonomous mobile robots enhanced with NVIDIA technologies

MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announces further collaborations with NVIDIA to supercharge the development of safer and smarter industrial AI mobile robots.

Earlier this year, Rockwell announced its ongoing work with NVIDIA to increase the scale and scope of AI in manufacturing. The collaboration is now expanding to involve robotics, helping drive the use of AI in autonomous mobile robots (AMRs) to improve performance and efficiency. Rockwell brings AMRs and production automation applications to industrial customers who are looking for increased efficiencies in their factories. This will help unlock unrealized potential in this space via the integration of the NVIDIA Isaac robotics platform.

“We’re invigorated by this continued collaboration with NVIDIA,” said Ryan Gariepy, CTO, OTTO Motors by Rockwell Automation. “Rockwell's industrial AI expertise, combined with NVIDIA AI and robotics technologies, is going to help drive an exciting new generation of autonomous mobile robots.”

Rockwell also continues its work to integrate NVIDIA Omniverse Cloud application programming interfaces (APIs) with its Emulate3D software, bringing users data interoperability, live collaboration, and photo-realistic graphics rendering for designing, building, and operating industrial-scale digital twins of production systems.

According to the recently released “State of Smart Manufacturing Report,” AI ranks as the top feature manufacturers believe will drive the biggest business outcomes. In fact, 83 percent of manufacturers expect to use generative AI in their operations in 2024. As part of this collaboration, the Rockwell Automation PartnerNetwork™ now includes NVIDIA, giving Rockwell customers more applications to help make their operations more resilient, agile, and sustainable.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 29,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com.

About OTTO Motors by Rockwell Automation

OTTO Motors by Rockwell Automation is a global leader in autonomous technology for material handling inside manufacturing and warehouse facilities. With over five million hours of production experience, OTTO autonomous mobile robots (AMRs) are trusted in mission-critical operations for some of the world’s most recognized brands. OTTO Motors was recognized as one of Fast Company’s Most Innovative Robotics Companies of 2023. For more information, visit ottomotors.com.

Chaya Jacobs, Director PR, Social Media

+1 414-305-2784

Cjacobs@rockwellautomation.com

Source: Rockwell Automation, Inc.

FAQ

What is Rockwell Automation's new collaboration with NVIDIA about?

Rockwell Automation is expanding its partnership with NVIDIA to enhance autonomous mobile robots (AMRs) and integrate AI technologies into manufacturing logistics.

How will Rockwell Automation use NVIDIA technologies in their operations?

Rockwell will leverage NVIDIA's Isaac robotics platform and Omniverse Cloud APIs to improve performance, efficiency, and data interoperability for industrial automation and digital twins.

What is the impact of Rockwell's collaboration with NVIDIA on manufacturers?

The collaboration aims to improve efficiency and performance in manufacturing, with 83% of manufacturers expected to use AI in their operations by 2024.

What new features will Rockwell's Emulate3D software include due to this collaboration?

The software will now integrate NVIDIA Omniverse Cloud APIs, offering data interoperability, live collaboration, and photo-realistic graphics rendering.

What is the significance of NVIDIA joining Rockwell's PartnerNetwork™?

NVIDIA's inclusion in Rockwell's PartnerNetwork™ provides more AI applications to help industrial customers enhance resilience, agility, and sustainability in their operations.

Rockwell Automation, Inc.

NYSE:ROK

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2.03%
Specialty Industrial Machinery
Measuring & Controlling Devices, Nec
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United States of America
MILWAUKEE