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Class Reunion and Daily News
No idea how you are doing, but we miss (among many other things) being allowed to walk around at trade fairs at the moment. Trade fairs offer a very special mix: a kind of mixture of class reunion and daily news. On the one hand you can find a lot of new products at the stands and meet a lot of familiar faces in the aisles. At least the inVISION SHOW (http://messe.i-need.de) can help you with the first point. The virtual trade fair of inVISION magazine will open its doors on 19 May to give you an overview of (in)VISION innovations. Although it is not quite the same as a real live trade fair, at least for the time being (!) it is an alternative to the trade fair blues.
Kind regards
Dr.-Ing. Peter Ebert, Chief Editor inVISION
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Image: Cambridge Electronic Industries Ltd.
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Topstory
World's First Qualified CoaXPress-12 Repeater
Available in single, dual and quad formats, the world´s first CXP-12 repeater enables users to double the transmission distance of a signal at 12.5Gbps.
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Image: TeDo Verlag GmbH
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LinkedIn Event: inVISION Show
From May 19 to June 16, inVISION magazine will host the inVISION Show for the first time. To keep visitors informed about the latest developments at the virtual trade fair, TeDo Verlag is offering the inVISION Show as an Event on LinkedIn in addition to the option of registering for a free newsletter.
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Image: TeDo Verlag GmbH
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TeDo Verlag Takes Over agt Verlag
In the future, trade magazines of the agt (agile technik) Verlag will be published under the flag of TeDo Verlag. Within the TeDo team, the editors-in-chief and the media consultants of the trade magazines dima, dhf Intralogistik, HOB and [me] will continue to work as usual, i.e. Panagiota Herbrand, Dag Heidecker, Christoph Scholze, Dr. Michael Hobohm and Peter Schäfer will continue to be available as competent contact persons for print and online editing, for customer events and for advertising support.
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Image: Hangzhou Hikvision Intelligent Technology Co., Ltd.
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Hikvision with +15,7% Revenues in 2019
In 2019, Hikvision generated a total revenue of RMB 57.66 billion, having achieved a year-over-year (YoY) growth of +15.7 %, and net profits of RMB 12.41 billion (+9.4%.). The total overseas revenue amounted to RMB 16.24 billion (+14.4%) and the revenue in the China market was RMB 41.42 billion (+16.2%). Particularly, the revenue of the smart home business in 2019 was RMB 2.59 billion (+58.4%) and the robotics business generated a revenue of RMB 813.99 million (+23.9%). Hikvision has disclosed its Q1 2020 financial results, with a revenue of RMB 9.43 billion (-5.2%).
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Image: Sick AG
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Sick Grows by 7% in 2019
Sick AG increased its sales in fiscal year 2019 by 7% to 1,750.7 million euros (2018: 1,636.8 million euros). In addition to other measures to increase efficiency, the growth in sales contributed to a 13.1% increase in EBIT to 132.9 million euros. While demand in factory automation fell worldwide, Sick was able to gain market share in logistics and process automation. In Germany, revenues were slightly below the previous year with a change of -0.6%. The EMEA (+7.9%) and Americas (+7.6%) sales regions were significantly more stable. The Asia-Pacific region recorded the strongest growth at +11.3%.
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Image: Vision Ventures GmbH & Co. KG
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Chris Yates Moves to Vision Ventures
Vision Ventures announced Dr. Chris Yates (Image) as new director. The addition strengthens Vision Ventures to meet the growing interest in machine vision from industry and financial investors. In the new position, Dr. Yates will work with the existing team to support corporate transactions for customer projects on both buy and sell side. He previously held the position of Director Advanced Technology of the Safety & Sensing Unit at Rockwell Automation and is also the current president of the EMVA.
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Image: 2 D-BV GmbH & Co. KG
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Di-Soric Solutions Becomes 2 D-BV
Di-Soric Company has terminated the project business in the field of integration of vision and ID solutions of Di-Soric Solutions as of March 31, 2020. It is planned to make the company independent, which is why Di-Soric Solutions was renamed 2 D-BV as of April 1, 2020. The managing partner of 2 D-BV is the former managing director of Di-Soric Solutions Markus Damaschke (image).
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Image: Headwall BVBA
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New Director at Headwall Photonics Europe
Headwall Photonics, a manufacturer of hyperspectral imaging platforms and instrumentation, announced that Christian Felsheim (image) has been promoted to the position of Director Headwall Photonics Europe. He joined the Headwall sales team as Business Development and OEM Account Manager for the European region in 2018.
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Image: Vitronic Dr.-Ing. Stein Bildverarbeitungssysteme GmbH
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New President at Vitronic USA
Beth Huff (image) now has responsibility for the management of Vitronic USA in the role as President. She succeeds Michael Schindler who, after 20 years, has taken on new challenges. Further expansion of the Traffic Division and the Vitronic Logistics products are Huff's key responsibilities. Also, she will be heading the introduction of the company's quality inspection solutions for the Automotive and Healthcare sectors.
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Image: Framos GmbH
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Framos Opens Branch Office in Croatia
Framos opened a new branch office in Zagreb on May 4. For customers, the expansion of the location in Croatia means better support for their projects, and Framos expects the opening of the new office to provide opportunities to attract highly qualified professionals and strengthen the team in Čakovec.
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Image: Hangzhou Hikrobot Intelligent Technology Co., Ltd.
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Partnership Hikrobot with Multipix Imaging
Hikrobot has announced a distribution partnership with MultiPix Imaging Components Ltd. Multipix Imaging will deliver the full range of Hikrobot vision products to the UK & Ireland's customers. In this partnership, Hikrobot will back up the marketing with high-quality and reliable products.
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Image: Kubota Europe SAS
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Partnership Kubota and Aurea Imaging
Kubota Corporation and Aurea Imaging announced a strategic partnership to drive Autonomous Orchard innovations for fruit growers around the world. Both companies focus on practical tools that leverage the synergies between advanced equipment and AI, creating value for fruit growers globally.
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Image: LemnaTec GmbH
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LemnaTec and Analytik Ltd. Sign Distribution Agreement
LemnaTec GmbH is pleased to announce a new distribution partnership with Analytik Ltd., a leading provider of innovative scientific instruments in the UK and Ireland, effective since April 2020. With this move, LemnaTec broadens its presence in Europe and strengthens support for its customers in the UK and in Ireland.
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Image: TeDo Verlag GmbH
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CAQ Special in inVISION
Computer Aided Quality (CAQ) has long played an important role in quality assurance. For this reason, the trade journal inVISION, together with IT&Production, has taken up the topic in its April issue and placed a focus on it. You can find the ten-page PDF with all the technical articles and product innovations at...
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Image: AMA Service GmbH
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Sensor+Test Cancelled
Like many other trade fairs, Sensor+Test 2020 will not take place due to the Covid-19 pandemic. The two conferences planned parallel to the trade fair, SMSI 2020 - Sensor and Measurement Science International and ettc2020 European Test and Telemetry Conference, have also been cancelled. "See you at the next Sensor+Test from May 4 to 6, 2021 for an innovation dialogue! Stay healthy until then", says organizer Holger Bödeker.
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Image: Edge AI and Vision Alliance
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Embedded Vision Summit 2020 Goes Virtual
Originally scheduled to take place in May in Santa Clara, California, the Embedded Vision Summit is moving to a fully online experience. The event will be made up of five sessions taking place from September 10 through September 24 from 9 a.m. to 2 p.m. Pacific Time. Participants hear from and interact with over 100 expert speakers on Computer Vision and Edge AI Technology in both live and on-demand sessions.
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Image: Spectaris - Deutscher Industrieverband für Optik, Photonik, Analysen- und Medizintechnik e.V.
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Decreased Demand from Photonics Companies
For 76 percent of the photonics companies in Germany, the business situation has deteriorated due to the corona crisis, 58 percent emphasize that demand has fallen significantly. 38 percent of the companies have announced short-time work. This is the result of a joint online survey conducted in mid-April by the industry association Spectaris and OptecNet Deutschland e.V., in which around ten percent of the approximately 1,000 German manufacturers took part.
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VISION VENTURES NEWS
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www.vision-ventures.eu
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Image: Vision Ventures GmbH & Co. KG
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Negative Stock Values of Vision Companies
Stock values of machine vision companies are generally down due to the expected economic impact of Covid-19. Fundamentals will be important as markets adjust. This and other stock exchange data are now available in the new Vision Ventures Performance Overview.
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Image: Mojo Vision Inc.
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Mojo Vision Raises Additional $51M
Mojo Vision, a California-based computing company, raised more than m in Series B-1 funding round. The round, which brought total funding to date to more than 9m, was led by New Enterprise Associates. In conjunction with the funding, Greg Papadopoulos, PhD, venture partner at NEA, will join Mojo's board of directors. The company intends to use the funds to accelerate the development of its smart contact lens, called Mojo Lens.
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Image: Scopio Labs
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Scopio Labs Raises $16M
Israel digital microscopy company Scopio Labs announced it has completed a m Series B financing round. This brings the total funding raised by the company to million. The new funds will allow Scopio Labs to expand commercial operations in human and veterinary care in the US and Europe.
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