Showing posts with label demand. Show all posts
Showing posts with label demand. Show all posts

Thursday, July 16, 2020

Milagrow Introduces 4 Humanoid Robots to Cater to Increased Demand in Healthcare, Hospitality & Office Management Industry

As the novel coronavirus continues to wreak havoc across India, the demand for automated solutions across sectors is high. Keeping this in mind, India’s No.1 consumer robotics brand Milagrow Robots has launched 4 new humanoid robots – RoboDiCaprio, RoboJulia, RoboNano and RoboElf – which are specially designed to cater to hotels, hospitals, restaurants and corporate offices.

RoboDiCaprio – The Guest Relations Robot

This Guest Relations Robot is 155 cm tall and can be used for business consulting, greeting, reservations, advertising and patrolling at hotels, banks, administrative centers, restaurants, museums, libraries, hospitals, schools, retail showrooms, shopping malls, cinema halls, banquet halls, weddings, sports stadiums etc. Equipped with advanced sensors to sense the human presence in proximity, RoboDiCaprio can actively interact with visitors. It can greet them, broadcast promotional information, guide the visitor to different locations, and play audio, still images and videos while speaking. The humanoid also has face recognition capabilities with response milliseconds and 98% accuracy. When it comes to navigation, RoboDiCaprio functions on a highly-specified LIDAR technology which can scan a distance of 25 M with an accuracy of 2mm. Further, it is also equipped with Milagrow's Real Time Terrain Recognition technology for seamless navigation without any human intervention.

RoboJulia – The Serving Robot

Standing tall at 155 cms, the Serving Robot also has advanced sensors and navigation technologies such as LIDAR and Milagrow’s Real Time Terrain Recognition. It is designed to deliver meals to the guests’ designated tables, explain the menu, give restaurant information etc. The robot can even deliver different meals to three different tables. It can work universally, take fast turns and has an emergency stop. RoboJulia is equipped with anti-skid rubber wheels and can walk at 3km/h. It does the route negotiation autonomously from one point to the next position with depth perception and high precision radar sensors for better navigation and positioning technology.

RoboElf – The Service Assistant

RoboElf has already been deployed at the AIIMS, New Delhi and Sir H. N. Reliance Foundation Hospital and Research Centre, Mumbai. It is also working in shopping malls, restaurants, banks, metros, elementary schools, and many other sectors. The robot’s latest version has a business management system (especially for commercial chain stores) – Multi-service Platform System (MPS). With this service system built on a Cloud terminal, users can give orders or push new files to their RoboElf robots distributed around the world. The robot can also collect and manage collected data from each robot so the user can better run their businesses.

RoboNano – The Personal Companion

Perfect for offering companionship, RoboNano is a personal assistant robot equipped with Amazon’s Alexa Voice Service. This intelligent, cloud-enabled robot features voice assistance, smart home control and remote surveillance capabilities, delivering centralized management and security to households around the world. RoboNano stands 85 cms tall and comes with over 50 sensors to avoid objects in its way, recognize voices and know when someone enters the room. Additionally, the humanoid can order pizza, request a car, track fitness stats, control the TV and play music from today’s leading streaming providers. It pairs with smart home devices from the world’s most popular connected home brands, enabling families to control lights, thermostats and home appliances. RoboNano also allows families to live-stream video and control it from anywhere in the world. When the family is away, the robot can monitor the house using object detection sensors and sounds an alarm if an intruder is discovered.

Speaking on the launch, Rajeev Karwal, Founder -Chairman of MilagrowHumantech, said, "Milagrow is committed to its vision that no human being should serve another human being for menial chores or repetitive tasks. We today have over 20 different types of robots and will play our role to the clarion call of making India self-reliant. Our robots will increase efficiency and productivity across industries while promoting social distancing. With our unique, state-of-the-art offerings, we look forward to creating a new set of value-added jobs."

All the robots are available for purchases on www.milagrowhumantech.com

About Milagrow

Milagrow Business and Knowledge Solutions was founded by Mr Rajeev Karwal in 2007 and forayed into AI Robotics in 2011. It has numerous firsts to its credit in the field of Service and Commercial Robots. It has robots for facility management, hospitality, education, healthcare, retail as well banking.

Thursday, December 25, 2008

World Bank rejects Satyam's demand for an apology

The World Bank has rejected Satyam Computer Service’s demand to withdraw a statement by which the organisation imposed an eight-year ban on any business with the IT major.

Satyam Computers had earlier asked the international lender for an apology for its statement on the IT major's failure to give proper documentation on fees charged for sub-contractors, and asked the Bank to withdraw the statement.

"The Bank stands by its statement issued on its Indian website on December 23," the India spokesperson of the World Bank Sudip Mazumder said.

The World Bank had said on December 23 said that "Satyam was declared ineligible for contracts for providing improper benefits to Bank staff and for failing to maintain documentation to support fees charges for its sub- contractors."

Asked if the Bank would apologies as demanded by Satyam, he said any comment if at all had to come from the headquarters in Washington, but the Bank stands by its statement.

He said "It will be in appropriate to comment on Satyam's statement since I have not received it or read it."

It is important to note that these developments are based out of our headquarters in Washington and are not related to Bank's India Programme," Mazumder said.

Within two days of the Bank's announcement, Satyam had formally requested the World Bank to immediately withdraw those statements and asked it to "issue a new statement apologising to Satyam for the harm done to the company due to the Bank's actions."

Satyam, which is already reeling under a crisis over aborted acquisition of two firms promoted by family of Chairman Ramalinga Raju, advised the Bank that the IT firm would evaluate all options in view of both the Bank's "inappropriate" public statements and its response to Satyam's requests.

"Satyam usually does not comment publicly on matters involving our customer relationships. However, the inaccuracy and inappropriateness of the World Bank's public statements regarding Satyam has forced us to issue this brief statement in order to set the record straight," it added.

The issue will now come up for discussion at the December 29 Board meeting of the company, against which the Bank has imposed an eight-year ban.

Source: Agencies

Saturday, December 6, 2008

Oil could plummet down to $25 a barrel!

Oil prices are likely to keep falling until well into next year and could reach $25 a barrel before recovering, US bank Merrill Lynch. In a research report published on Thursday, it said oil prices should begin to rally in the second half of 2009.

Merrill Lynch recently cut its forecast for the average price of US crude oil futures and North Sea Brent crude oil to $50 a barrel from a previous estimate for both crudes of $90.

"With demand vanishing across all key oil consuming regions, benchmark crude oil prices continue to plummet," it said. "In the short-run, market participants will focus on both OPEC and perhaps even non-OPEC producer responses to balance the market."

"A temporary drop below $25 is possible if the global recession extends to China and significant non-OPEC production cuts are required," it said.

"In our view, oil prices could find a trough at the end of Q1 2009 or early Q2 2009 with the seasonal slowdown in demand. Then, as economic activity starts to strengthen, we see oil prices posting a modest recovery in the second half of 2009."

Oil prices hit a peak above $147 a barrel in July but have fallen more than $100 since then as the severity of the global economic downturn has become clear.

Merrill Lynch said a combination of high oil prices and high leverage had proven dangerous for the global economy.

"On October 1, we lowered our average crude oil price forecast in 2009 to $90 per barrel based on a global GDP growth forecast of 3 percent. Since then, our economists have revised their 2009 global GDP growth forecast down to 1.3 percent, a scenario consistent with a global recession.

"As a result, we are now lowering our average WTI and Brent crude oil price forecast to $50 per barrel for 2009."

It said the major downside risk to its price forecast would be a revision of economic growth assumptions for China, which are currently at 8.6 percent for next year.

"In the short-run, global oil demand growth will likely take a further beating as banks continue to cut credit to consumers and corporations," it said. "We now expect an outright contraction in global oil demand in 2009."

Source: Economic Times

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