The VLT® AutomationDrive is designed to be modular and adaptable. Featuring the compact new generation D- and E-enclosures and a wider operating temperature range – from -25°C to +50°C (-13°F to +122°F) – without derating, the robust drive is engineered to operate reliably in the most demanding environments. The VLT AutomationDrive features both hardware and software enhancements that maximize performance. The integrated motion controller (IMC) provides advanced functionality to perform high-precision positioning or synchronization with asynchronous or PM motors with or without an encoder connection. The IMC is said to save cost…
Read MoreDay: Feb 15, 2018
Boksburg Company Scores a Double at National Premier Business Awards
A Boksburg-based Gauteng company scored a double when it scooped two awards at the fifth edition of the South African Premier Business Awards. Winners were announced at the awards ceremony that was hosted by the Department of Trade and Industry (the dti) in partnership with Brand South Africa and Proudly South African at the Sandton Convention Centre tonight under the theme Rewarding Business Excellence. According to the Minister of Trade and Industry, Dr Rob Davies the awards recognise and reward the contribution of the country’s companies in growing and transforming…
Read MoreBotswana Diamonds just raised more than $695K to boost exploration
Shares in Africa-focused Botswana Diamonds (LON:BOD) received a much-needed boost on Wednesday after the miner announced it had has raised £500,000 (about $695,060 at current rates) to fund ongoing exploration in South Africa and Botswana. The company said the sum was collected through the issue of 50-million shares to new and existing investors at a price of 1p a share. Miner will begin exploration work in the Sunland Minerals joint venture with Russia’s Alrosa. Proceeds from the placing will fund ongoing diamond exploration in South Africa and Botswana, and will also provide the company with additional working capital, Botswana…
Read MoreR&D Spending Level: What Is the Right Amount?
How does your company determine how much to spend? Determining how much to spend on R&D and product development each year is an issue that has plagued management for decades. It is a difficult question. One of the big challenges has been tying R&D spending to results. Projects are funded, development occurs, products are launched, and commercialization ensues. Years pass before the data is in place to tie spending to results. Companies have tens to hundreds of projects going on at the same time. The relationship between spending and results…
Read MoreHow Machine Intelligence will Revolutionize the Machines of the Future
What’s the difference between MI and AI, and how had the former changed how machines operate today? Despite the overwhelming impact of automation resulting from machine learning and artificial intelligence, it is already being used in several valuable ways. The global AI market is expected to reach nearly $59 billion by 2025. Recently, however, the hype around the term “machine learning” has caught the attention of industry experts and tech enthusiasts. The development of machine intelligence will change every aspect of our lives in future. That’s why it is imperative to…
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