Sunday, December 4, 2022
HomeRoboticsTeradyne's robotics group makes $89M in Q3

Teradyne’s robotics group makes $89M in Q3


Take heed to this text

Voiced by Amazon Polly

Common Robots, a part of Teradyne’s industrial automation group, not too long ago launched its UR20 cobot. | Supply: Common Robots

Teradyne noticed a small backslide in income in its industrial automation group, a 2% lower, in Q3 of 2022 in comparison with the identical time interval final 12 months. The group introduced in $89 million in income for Q3 2022. 

The commercial automation group’s income is a decline from Q2 of this 12 months when it introduced in $101 million in income. The group consists of Energid, Cellular Industrial Robots (MiR), which simply merged with AutoGuide Cellular Robots, and Common Robots (UR). Energid’s income is included with UR’s. 

Throughout Q3, UR introduced in $73 million, and MiR introduced in $16 million. UR gross sales decreased 5% through the quarter, whereas MiR gross sales rose 17% from the identical quarter final 12 months. Each corporations noticed a lower in gross sales from final quarter when UR introduced in $83 million and MiR introduced in $17 million. 

For the primary 9 months of 2022, 41% of Teradyne’s industrial automation gross sales have been to Europe, 29% to the U.S. and 11% to China and the rest to the remainder of the world. 

Greg Smith, named president of Teradyne on July 1, 2022, attributed the slower-than-expected progress to 2 elements. 

“First, slowing industrial exercise, particularly in Europe, the place PMI has dropped beneath 50 in July and has remained in that contraction zone since. Europe is our largest finish marketplace for automation, and it is a 10-point headwind to progress,” Smith stated through the firm’s Q3 earnings name. “Second, labor shortage continues in our distribution channel, which we count on to scale back progress by about 5 factors.”

Regardless of sluggish progress, Teradyne is optimistic about UR’s future. The corporate has seen larger demand than anticipated for its larger payload UR20 cobot launched earlier this 12 months. Teradyne expects the UR20 to start out transport in 2023 when it would begin contributing to monetary outcomes. 

UR has additionally seen lots of progress in welding. Its welding channel grew over 80% within the first 9 months of 2022 in comparison with the identical time final 12 months, and it expects to ship over 1,200 robots in that vertical.

Contained in the AutoGuide/MiR merger

Teradyne mixed MiR and AutoGuide Cellular Robots on the finish of Q3, with the built-in firm formally being referred to as Cellular Industrial Robots. The corporate’s headquarters shall be in Odense, Denmark, the place MiR has been based mostly since 2013 when it was based.

Previous to the merger, MiR supplied a spread of AMRs able to carrying payloads and pallets as much as 3,000 lb. (1350 kg). By combining with AutoGuide, the portfolio will develop to incorporate high-payload AMR tuggers and forklifts that may function on the MiRFleet software program.

Smith stated Teradyne determined a few 12 months in the past that one of the simplest ways to distinguish its AMR enterprise was to offer a broad product line underneath a single software program management.

“We heard again and again from huge prospects that they have been struggling to implement advanced workflows as a result of advanced workflows typically want AMRs to work together with one another,” Smith stated. “The dominant means individuals have been speaking about that taking place was via fleet administration. That was placing these prospects into an uncomfortable place the place they didn’t know who to go to when issues from a number of distributors didn’t work proper. ”

Smith stated Teradyne needs to take accountability for the efficiency of the {hardware} and software program and switch to companions to make sure a optimistic buyer expertise.

“For those who have a look at any AMRs, whether or not they’re ours or another person’s, prospects can take as much as two years to go from an preliminary pilot to a quantity deployment. That’s as a result of they must work out their processes and adapt to the know-how,” he stated. “In some instances, like automakers, they must invent new jobs. They don’t have individuals who know tips on how to keep AMRs, so that they have to determine tips on how to match that into their union laws. That’s a posh problem to work via. We imagine the last word vacation spot for AMRs has unbelievable potential, however we have to simplify the method. And simplifying that course of for us meant placing all of our AMRs underneath one software program management and interesting with prospects as one group.

Smith stated the majority of the of labor went into transforming the sensor suite of the AutoGuide robots to optimize their efficiency with MiR’s software program and to boost the MiR software program to deal with the upper speeds of the heavy payload autos from AutoGuide.

“The fundamental chassis stays the identical, however due to the upper high speeds, we have to look a lot additional forward of the automobile to react to obstacles and do the appropriate factor. We needed to modify the sensor suite of the AutoGuide robots and improve the MIR software program so it might deal with the precise necessities of the heavy payload area. And that’s quicker pace and extra management of the trail the AMRs take.”

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments