The hub of the local robotics industry | MIT News

The MIT spinout Ori captivated a lot of notice when it unveiled its shapeshifting household furniture prototypes in 2014. But following the founders still left MIT, they faced a amount of daunting challenges. Wherever would they come across the house to build and demo their apartment-scale merchandise? How would they get accessibility to the devices and gear important for prototyping? How would they decide on the management methods and software package to operate with their new furniture? Did any person care about its improvements?

Ori, which signed a world agreement with Ikea in 2019, bought assist with all of all those worries when it uncovered a property in MassRobotics, a nonprofit that incubates startups in addition to numerous other networking, instruction, and field-making initiatives.

Ori is one particular of more than 100 youthful businesses MassRobotics has supported considering that its founding in 2014. With much more than 40,000 square ft of place of work and lab area, MassRobotics’ headquarters in Boston’s Seaport District retains in excess of 30 testing robots, prototyping machines, 3-D printers, and a lot more.

These days MassRobotics operates with hundreds of companies of all dimensions, from startups to significant corporate companions like Amazon, Google, and Mitsubishi Electric, fostering collaboration and advancing the robotics field by publishing criteria, web hosting events, and arranging educational workshops to inspire the next generation of roboticists.

“MassRobotics is expanding the robotics ecosystem in Massachusetts and further than,” claims Daniela Rus, director of the Laptop Science and Synthetic Intelligence Laboratory (CSAIL) at MIT, who has served on the board of MassRobotics because its inception. “It’s executing so a lot additional than serving to startups. They get the job done with the academic group on grants, they act as matchmaker among corporations and study teams, they have academic programs for high faculty learners and facilitate internships, and it is also functioning on variety and inclusion.”

Just as MIT’s mission emphasizes translating knowledge into effect, MassRobotics’ mission is to assistance roboticists and entrepreneurs make a good affect by furthering a area that most concur will perform an increasingly large role in our get the job done and personal life.

“We have a work to envision a long term that is far better, extra equitable and sustainable than the earlier, and then make it occur,” suggests Daniel Theobald ’95 SM ’98, who co-established MassRobotics with Fady Saad SM ’13, Tye Brady ’99, Steve Paschall SM ’04, and Joyce Sidopoulos.

Bringing an industry jointly

Theobald very first acquired the notion to start off a robotics corporation when he was offering a tour of his enterprise Vecna Robotics to previous CSAIL director Rodney Brooks. About 2014, he began brainstorming strategies to get started a robotics group with former Vecna director of method Fady Saad.

Joyce Sidopoulos, who was operating at the Massachusetts Engineering Leadership Council (Mass TLC) at the time, related the pair with Brady and Paschall, who were operating on a similar strategy whilst at Draper in Cambridge.

“Before MassRobotics, robotics startups were building incredible systems, but they couldn’t quickly crack by to a commercialized item, since even if you have a performing prototype, you can not ship anything at all, and buyers want to see validation,” Saad says. “Our motivation for founding MassRobotics was assisting extra of these corporations develop into prosperous.”

Early on, the founders labored with MIT’s Industrial Liaison Method to get enter from robotics providers and gained enable from persons together with Liz Reynolds, a principal research scientist at MIT and govt director of the MIT Industrial Functionality Heart. The very first examine was created by Gururaj Deshpande, founder of the MIT Deshpande Middle for Technological Innovation. Today, dozens of corporate companions present funding as very well as the condition of Massachusetts.

None of the founders assume it’s a coincidence that so quite a few of them hail from MIT.

“At commencement, [President L. Rafael Reif] gave a information that I’ll never neglect: He explained, ‘Go hack the entire world,’” claims Saad, who also just lately launched an financial commitment firm for early-phase robotics firms referred to as Cybernetix Ventures. “I assume Reif’s concept captures the DNA of MIT alumni. We’re all hackers. We make items materialize. We see a problem or a need to have and we fix it.”

Of program, MIT has also played a large role in bolstering the area robotics ecosystem that MassRobotics seeks to foster.

“A whole lot of expertise, tech and suggestions are at MIT, but also a amount of startups have arrive specifically out of MIT and we household a quantity of them,” MassRobotics executive director Tom Ryden suggests. “That’s massive due to the fact it’s one factor to build technology, but producing businesses is massive for the ecosystem and I imagine MIT does that extremely very well.”

One of MassRobotics’ guide educational systems is geared toward feminine higher university students from various backgrounds. The program incorporates 6 months of schooling during weekends or summertime vacation and a guaranteed internship at a regional robotics business.

MassRobotics also a short while ago announced a new “Robotics Medal” that will be awarded each calendar year to a feminine researcher that has produced substantial discoveries or advancements in robotics. The medal comes with a $50,000 prize and a fellowship that will give the recipient accessibility to MassRobotics facilities.

“This is the to start with time in our area we have such a visible prize for a feminine roboticist,” states Rus, who is also the Andrew and Erna Viterbi Professor of Electrical Engineering and Laptop or computer Science at MIT. “I hope this sends a beneficial message to all the younger aspiring roboticists. Robotics is an exciting industry of work with the vital mission to acquire intelligent equipment that enable individuals with bodily and cognitive function.”

In the meantime, MIT’s connections with MassRobotics have arrive total circle: Following decades of collaboration, one particular of the very first graduates of MassRobotics’ academic classes just concluded her to start with year as an undergraduate in mechanical engineering at MIT.

Advancing an field

The impact of MassRobotics’ instructional packages hit dwelling for Theobald a several many years ago when he received a letter from a young lady who explained to him they had adjusted her everyday living.

“The problem with robotics schooling is it is very simple for young people today to say, ‘Oh that is hard’ and go on,” Theobald suggests. “Getting them to sit down and basically develop a thing and comprehend what they can do is so potent.”

A handful of weeks in the past, Theobald was at MassRobotics to meet a group of German enterprise leaders when he obtained off the elevator on the mistaken flooring and stumbled into a STEM education session with a team of middle schoolers. He could have just as easily walked into a networking session amongst startups and business enterprise leaders or, as Rus did not too long ago, run into Bloomberg journalists internet hosting a tv section on the robotics marketplace.

The breadth of actions hosted by MassRobotics is a testament to the organization’s determination to advancing each individual element of the industry.

“Robotics is the most challenging engineering endeavor humanity has at any time taken on for the reason that it requires electrical engineering, mechanical engineering, application — furthermore you’re attempting to emulate human conduct and intelligence — so it needs the most effective of artificial intelligence,” Theobald suggests. “It all has to come alongside one another for productive robotics. That is what we aid do.”

Contrasting Hub Group (NASDAQ:HUBG) and Singularity Future Technology (NASDAQ:SGLY)


Hub Group (NASDAQ:HUBG – Get Rating) and Singularity Future Technology (NASDAQ:SGLY – Get Rating) are both transportation companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, earnings, dividends, profitability, analyst recommendations, valuation and risk.

Analyst Ratings

This is a summary of current recommendations for Hub Group and Singularity Future Technology, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hub Group 0 4 10 0 2.71
Singularity Future Technology 0 0 0 0 N/A

Hub Group presently has a consensus target price of $91.93, suggesting a potential upside of 25.18{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}. Given Hub Group’s higher possible upside, research analysts plainly believe Hub Group is more favorable than Singularity Future Technology.

Valuation and Earnings

This table compares Hub Group and Singularity Future Technology’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Hub Group $4.23 billion 0.60 $171.47 million $7.12 10.31
Singularity Future Technology $5.15 million 19.50 -$6.82 million N/A N/A

Hub Group has higher revenue and earnings than Singularity Future Technology.

Institutional & Insider Ownership

91.8{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} of Hub Group shares are owned by institutional investors. Comparatively, 7.2{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} of Singularity Future Technology shares are owned by institutional investors. 3.8{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} of Hub Group shares are owned by company insiders. Comparatively, 10.2{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} of Singularity Future Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Hub Group and Singularity Future Technology’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Hub Group 5.24{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} 18.49{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} 10.22{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}
Singularity Future Technology -336.03{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} -34.68{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} -29.36{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca}

Volatility & Risk

Hub Group has a beta of 0.94, indicating that its share price is 6{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} less volatile than the S&P 500. Comparatively, Singularity Future Technology has a beta of 0.81, indicating that its share price is 19{4224f0a76978c4d6828175c7edfc499fc862aa95a2f708cd5006c57745b2aaca} less volatile than the S&P 500.

Summary

Hub Group beats Singularity Future Technology on 9 of the 11 factors compared between the two stocks.

Hub Group Company Profile (Get Rating)

Hub Group, Inc., a supply chain solutions provider, offers transportation and logistics management services in North America. The company’s transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation. Its logistics services comprise full outsource logistics solution, transportation management, freight consolidation, warehousing and fulfillment, final mile delivery, and parcel and international services. The company also provides dry van, expedited, less-than-truckload, refrigerated, and flatbed truck brokerage services. It offers a fleet of approximately 1,000 tractors and 4,600 trailers to its customers, as well as the driver staffing, management, and infrastructure. The company serves a range of industries, including retail, consumer products, and durable goods. As of December 31, 2021, it owned approximately 43,750 dry, 53-foot containers, as well as 450 refrigerated, 53-foot containers; and leased approximately 250 dry, 53-foot containers. The company was founded in 1971 and is headquartered in Oak Brook, Illinois.

Singularity Future Technology Company Profile (Get Rating)

Singularity Future Technology Ltd. develops solutions for interconnected AI networks in the revolutionized AI and Blockchain suppl management area and establishes crypto mining pools. The company also operates as logistics and ship management services company. It serves customers worldwide with its shipping logistics and agency needs. The company was formerly known as Sino-Global Shipping America, Ltd. and changed its name to Singularity Future Technology Ltd. in January 2022. Singularity Future Technology Ltd. was founded in 2001 and is headquartered in Great Neck, New York.



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Website intelligence platform Deepcrawl releases new Monitor Hub to tackle inefficient multi-website management

  • Observe Hub provides new functionalities to Deepcrawl’s business-scale technological Seo and web page intelligence system.

  • Check Hub is made for business-scale internet websites, multi-brand name enterprises, and organizations running several web sites.

  • This new option presents multi-web page trend monitoring, modify monitoring across various domains, and customizable alerts to facilitate swift action and prevention of targeted visitors-sapping Seo challenges.

  • For significant company web-sites, Check Hub also presents alternatives for checking crucial web-site sections and solution groups, and intercontinental internet site variations.

NEW YORK, May possibly 25, 2022 /PRNewswire/ — Web-site intelligence platform Deepcrawl is nowadays launching its most recent organization-quality option for complex Search engine marketing and web-site overall health insights, Check Hub.

Monitor Hub: Deepcrawl’s newest enterprise-grade solution for technical SEO and website health insights

Keep an eye on Hub: Deepcrawl’s most recent business-quality solution for technical Seo and website wellbeing insights

For huge enterprise sites, multi-brand organizations with various domains, and companies running multiple shopper internet websites, efficiently taking care of specialized Seo and web page health and fitness at scale poses considerable operational problems. With the addition of Check Hub, the Deepcrawl platform solves an array of worries relating to multi-internet site and huge-scale technological Web optimization management by supplying a centralized command center, collated pattern tracking across numerous domains or assignments, and customizable alerts.

Geared toward competently running sites at scale, Monitor Hub highlights tendencies and fluctuations in websites’ specialized wellbeing metrics and notifies customers of new website changes that effect functionality and website traffic — so digital groups can speedily recognize troubles and motion essential variations.

Customizable dashboards in Observe Hub aid digital teams collate metrics across many tasks and supply a world-wide watch of internet site improvements and specialized overall health and performance trends in 1 place. Users can tailor their dashboard sights with metrics from around 200 designed-in reviews to focus on the info that retains the most effects for their specific demands.

Overlaying a number of projects’ details for any given metric makes it possible for buyers to easily assess performance and traits across many web-site sections or domains and learn what is operating best—and what requirements notice. This craze facts can help groups keep on prime of technological problems and safe more investment decision in Seo and website jobs to reduce downward-trending metrics from getting essential, ongoing, and targeted visitors-draining problems.

Observe Hub’s customized alerts empower end users to act rapidly when a new web-site modify may well negatively influence organic and natural research effectiveness and traffic. Alerts can also integrate with common get the job done-based mostly conversation platforms these as Slack and Microsoft Teams.

In addition to streamlining electronic operations for organization models, Deepcrawl’s Observe Hub also tends to make the job of Website positioning and electronic marketing organizations much less complicated. Companies can now observe all of their consumer web sites in one place and glean new insights into which endeavours are operating finest.

“Managing internet websites at scale is a key obstacle for digital teams. Multiple groups performing throughout several internet sites or a big website with lots of essential sections, like distinctive geographies, can make it practically difficult to stay on best of improvements. If Seo and technological problems go unnoticed, they can have a serious impression on natural search traffic and for that reason earnings and brand consciousness. Keep track of Hub simplifies web site management with customizable alerts and a new see of actionable insights throughout multiple domains or assignments in a person spot“, reported Deepcrawl CEO Craig Dunham .

“Deepcrawl was founded by complex SEOs with an intensive comprehending of the day-to-day challenges confronted by experts in this area. We realize the complexity concerned in finding actionable web site intel that can truly transfer the needle for larger sized organization objectives by driving expense powerful organic development. Our staff is continually innovating to tackle the newest developments in search and web site overall health and we’re excited to introduce a new set of business alternatives in Keep an eye on Hub.”

About Deepcrawl

Deepcrawl is a web-site intelligence system — a ‘command center’ for website technical overall health. It helps businesses scale their electronic operations by bringing with each other the groups, info, and insights demanded for superior-carrying out, earnings-driving web-sites. Powered by its globe-class net crawler, Deepcrawl exposes technical and structural troubles that exist in—or are about to be introduced to—your internet site and aids you prioritize and fix them. Just take command of your website’s overall health with Deepcrawl and comprehend your website’s whole commercial probable. For more info, take a look at https://www.deepcrawl.com.

Image- https://mma.prnewswire.com/media/1825826/Watch_Hub_Deepcrawl.jpg

 

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Resource Deepcrawl

Future uncertain for proposed Microsoft tech hub in Syracuse

Syracuse, N.Y. — City Councilor Michael Greene said it’s “malarkey” that city officials are struggling to get answers from software giant Microsoft on whether it still plans to build a tech hub in Syracuse.

The city, Onondaga County and Syracuse University are all part of a three-year agreement with the company, which announced in 2019 that it planned to establish a “Smart Cities technology hub” in Syracuse. That agreement, known more broadly as the Digital Alliance, was set to include offering a physical space downtown and resources for entrepreneurs and start-up companies, consulting services, digital literacy programs and training on emerging technologies, as well as holding public tech events.

But two years into the agreement, Microsoft hasn’t had “the decency to give us a straight answer on where they stand” with the project, Greene said during a Common Council study session on Wednesday.

It’s unclear whether the company is still interested in building a physical hub here, said Jennifer Tifft, director of strategic initiatives for the mayor’s office. When the pandemic hit, Microsoft instituted a company-wide remote-work policy, so they’re not investing in physical office space right now, she said.

The hub is just a small part of the larger Digital Alliance plan – and Microsoft has followed through on some parts of that agreement, Tifft said.

The company has hired some remote workers in Syracuse; consulted and given in-kind technical support for the city; donated 30 computers to Syracuse community centers; held a virtual, 2-day online educational event focused on tech-sector jobs; and collaborated with SU to offer electronic gaming tournaments. Those accomplishments are all related to the Digital Alliance, Tifft said.

The agreement is non-binding, meaning none of the agencies involved, including Microsoft, is obligated to follow through with any part of the initial plan, including the physical hub, she said.

“It essentially lays out a set of objectives that, two years ago, we thought would be good to focus on over a three-year period,” Tifft said. “Three months after we signed the Digital Alliance, the pandemic hit. So, of course, for all four parties, a lot of priorities shifted.”

Even with the pandemic, plans aren’t moving fast enough, Greene said, adding that Microsoft has only seen growth since Covid hit in early 2020.

“The last few years have been a financial windfall for Microsoft,” he said. “So, the idea that they can’t do things like assist with research, help develop a digital ethics policy, support local fellowships or even open a Syracuse office, whether it’s a physical space or to utilize more remote employees, is nonsense.”

In October, Microsoft surpassed Apple to become the world’s most valuable publicly traded company at more than $2.5 trillion.

That makes what he sees as a lack of progress even more frustrating, Greene said.

“The idea that Covid has made Microsoft unable to live up to its agreement with Syracuse is total malarkey,” Greene said. “They have more resources than ever before. They just don’t feel like living up to their word.”

City officials met with Microsoft in November, but coming up with the full new plan, including proposed completion dates, will take a couple more meetings, Tifft said. She said she expects to have a full plan for 2022 in-hand by the end of the month.

Got a tip, comment or story idea? Call or text Megan Craig at 315-925-7137, email her at mcraig@syracuse.com or send a direct message on Twitter @megcraig1.