An industrial process automation system using a camera for robotic arms with artificial intelligence has been proclaimed the winner of the fourth edition of the IQS Tech Fest, a European festival for industrial startups. Barcelona-based BitMetrics is the emerging company that has devised this technology.
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The objective of this new system is to facilitate processes that account for 40% of industrial tasks, such as picking, placing, or selecting objects. Thanks to the artificial intelligence incorporated into the camera, automatic processes make decisions autonomously and adapt to multiple contexts.
Organized by the entrepreneurial center IQS Tech Factory, the IQS Tech Fest aims to give visibility to companies that manufacture disruptive technologies and bring together the main international leaders of the industrial innovation ecosystem through sessions and project presentations. "With this event, we want to promote industrial entrepreneurship, with a scientific-technical basis, that includes productive processes," explains the festival director, Oriol Pascual. "It is these startups that will become the industrial companies of tomorrow," he adds.
The fourth edition of the IQS Tech Fest was held virtually, and the main themes were new industrial trends and sustainability. As the winner, BitMetrics will have the opportunity to travel to Shenzhen (China), considered the world's leading manufacturing city and region, to participate in an acceleration program.
In addition to organizing this festival, IQS Tech Factory is dedicated to promoting the acceleration of new industrial companies through the Acceleration Program and the IQS Innovators Hub. Created in 2015, this IQS entrepreneurial center has accelerated about 70 startups, which have created 230 jobs and mobilized more than 27 million euros.
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