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Jack Wagler, Treasurer and VP of Finance at Formic What is your position, and how involved are you with incoming customer deals? What we are doing is very unique. When you are offering a new solution like RaaS, you have to have new contracts and new documentation to allow that to happen. A key part of my involvement with the...
Read MoreThe Technology Homo sapiens have been alive for slightly over 300,000 years. Incredibly, however, our most powerful technological inventions - the steam engine, mass production and digital technology - have all occurred within the last 250 years, a blink of an eye on the timescale of our existence. Now, in 2021, we are in the midst of a fourth revolution...
Read MoreKyle Kidwell, an application engineer at Formic. Responsible for evaluating potential automation applications, managing projects, and engaging with customers. What is your proudest accomplishment working at Formic? I would say my proudest accomplishment doesn’t necessarily have anything to do specifically with individual effort. I would say that as a team we have worked to develop a system that allows us...
Read MoreMisa Ilkhechi has seen his share of idle welding robots. With stints in sales and engineering at companies like Bosch and, most recently, Universal Robots, Ilkhechi would visit various metal fabrication facilities, see a busy welding department, and yet also see a robot welding cell gathering dust. Sometimes the company couldn’t find time to train someone to run it. Other...
Read More1. SIMBE ROBOTICS Simbe Robotics is helping brick-and-mortar retail stores optimize their shelves and their profits. “Tally'' is an autonomous robot that tracks inventory to ensure that everything the customer wants is on the shelf. This is a serious problem for regional retailers; according to the IHL group, over 24% of Amazon’s current retail revenue comes from customers who first...
Read MoreSaman Farid, the CEO and Co-Founder of Formic shares his observations on the current state of U.S. manufacturing and the robotics industry. In your own words, what is Formic to you? Formic puts robots to work where they can make a difference - in factories that need reliable, cost effective, and capable throughput. How did you come into the robotics...
Read More1. AMP ROBOTICS Each year, over 139 million tons of American trash is discarded into landfills. Not only are these landfills an eyesore, but they also emit methane gas, leak dangerous chemicals and harm biodiversity. Fortunately, Amp Robotics is using artificial intelligence to solve America’s waste problem. Currently, the U.S. recycles 34.6% of its garbage, far below some nations which...
Read MoreMisa Ilkhechi, the Co-Founder and VP of Sales answers some big questions about him and his story with Formic. In your own words, what is Formic to you? Formic is the first automation solution that guarantees system uptime while lowering the barrier to entry for manufacturers with its flexible pay as you go model. The flexibility and uptime guarantee eliminates...
Read MoreAlthough manufacturing’s share of employment in the U.S. has dropped from 33% in 1947 to under 8% in 2019, it is currently the manufacturers who are desperately searching for workers and not the other way around. In fact, according to a study performed by the Workforce Institute at UKG, 54% of U.S. manufacturing firms reported extreme difficulty in hiring and...
Read MoreWhen questioning whether or not automation is a necessity, the easiest answer is to provide clear examples of how it is the most useful and essential tool. In today’s world, many manufacturers still depend heavily on the working hands of people, even if these tasks may be dangerous or extremely repetitive. Most of these tasks are difficult to hire because...
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