Universal Robots, the Danish collaborative robotic firm, has reported This autumn revenue of 85 million, bringing 2022 annual revenue to326 million, up 5 % on 2021.

On a relentless forex foundation, progress over the yr was 12 %.

Kim Andreasen, Universal Robots’ chief monetary officer, says: “We’re proud to have continued to develop our enterprise regardless of going through a tough macroeconomic surroundings in 2022.

“We focused on those things we are able to control, and we overcame supply chain challenges to report our highest annual revenue to date.”

The demand for automation in Europe slowed in 2022 following the beginning of the warfare in Ukraine. Universal Robots’ outcomes have additionally been impacted by the change in alternate charges, which created a further headwind to progress.

Regardless of the change in international markets, general demand for automation is predicted to proceed to develop in 2023 and past, pushed by rising labor shortages and altering office expectations.

Universal Robots has taken steps in 2022 to fulfill this rising demand.

Kim Povlsen, Universal Robots’ president, says: “We invested final yr in constructing world-class experience in welding, palletizing and machine tending.

“We’ve additionally been working with our ecosystem companions to make automation simpler for our prospects than ever earlier than. 2022 has been an essential yr for the corporate general.

“We started construction on new headquarters, reached our 1,000 employee milestone and launched a ground-breaking new cobot.”

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The Obsessed Guy
Hi, I'm The Obsessed Guy and I am passionate about artificial intelligence. I have spent years studying and working in the field, and I am fascinated by the potential of machine learning, deep learning, and natural language processing. I love exploring how these technologies are being used to solve real-world problems and am always eager to learn more. In my spare time, you can find me tinkering with neural networks and reading about the latest AI research.

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