robotics Archives - CFO

Symbotic to Go Public in $5.5B SPAC Deal

Symbotic to Go Public in $5.5B SPAC Deal

The company is seeking to accelerate its efforts to provide mobile robots to the warehouses of major retailers, grocers, and wholesalers.

By Matthew Heller | December 13, 2021

Shopify Buys 6 River to Boost Robotics Business

Shopify Buys 6 River to Boost Robotics Business

The e-commerce platform believes 6 River's Chuck robots will increase the speed and reliability of its AI-powered fulfillment network.

By Matthew Heller | September 10, 2019

Customer Takes Over Vendor’s Finance Operation

Customer Takes Over Vendor’s Finance Operation

The new finance chief at RPA firm UiPath, Marie Myers, was an enthusiastic user of robotic software in her previous job as global controller at HP.

By David McCann | March 27, 2019

Is Tax Reform Spurring Companies to Use Robots?

Is Tax Reform Spurring Companies to Use Robots?

Two provisions of the Tax Cuts and Jobs Act may have more companies deciding to replace real workers with mechanical ones.

By David McCann | March 11, 2019

J&J Buys Auris for $3B in Surgical Robotics Play

J&J Buys Auris for $3B in Surgical Robotics Play

The deal is J&J's biggest move into surgical robotics, which "has been a gap for its medical device business."

By Matthew Heller | February 13, 2019

IRobot Shares Plunge on China Tariff Worries

Financial Performance

IRobot Shares Plunge on China Tariff Worries

The robotic vacuum maker does not plan to raise prices to offset the tariffs even as it increases marketing spend for the holidays.

By Matthew Heller | October 24, 2018

KPMG Grows In-House RPA Expertise

KPMG Grows In-House RPA Expertise

“Some lean in to change, aren’t frightened by it, and in that context are learning robotics to make themselves more productive.”

By David McCann | October 1, 2018

Google Parent Sells Robotics Unit to SoftBank

Google Parent Sells Robotics Unit to SoftBank

Since Ruth Porat became CFO last year, Alphabet has been taking "significant measures to slim down its experimental efforts."

By Matthew Heller | June 12, 2017

Smacc Raises $3.8M for Robo-Accounting Platform

Smacc Raises $3.8M for Robo-Accounting Platform

Accounting software startup Smacc uses intelligent algorithms to automate accounting and finance processes.

By Matthew Heller | June 28, 2016

Industrial Robots ‘Nearing Point of Takeoff’

Industrial Robots ‘Nearing Point of Takeoff’

By 2025 one-fourth of all automatable tasks in manufacturing will be performed by robots, boosting output per worker, says BCG.

By Matthew Heller | February 10, 2015

Smart Machines: The New ‘Human’ Capital?

Robotic Process Automation

Smart Machines: The New ‘Human’ Capital?

As algorithms and robots get smarter, workforce planning systems need to strike the optimum balance between people and machines.

By John Boudreau | December 1, 2014