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December 6th, 2006 admin Leave a comment Go to comments

Ubisense and Atlas Copco Industrial Technique Enter Development Partnership

CAMBRIDGE, UNITED KINGDOM and STOCKHOLM, SWEDEN--(Marketwire - Nov. 6, 2009) - Ubisense, the world Leader in precise Real-time Location Systems, and Atlas Copco Industrial Technique, the world-leading provider of industrial productivity solutions, are collaborating in the research and development of real-time locations systems for industrial tooling.

"Collaborating with the world's leading precise real-time location system provider will allow us to continue to develop innovative solutions for our customers who wish to significantly increase their productivity and quality in these tough economic times," explains Anders Lindquist, President MVI Division at Atlas Copco Industrial Technique. "We became aware of the potential of the Ubisense approach to real-time location at our mutual customer, BMW in Regensburg, Germany. Subsequent discussions with potential customers for this type of technology not only in the Motor Vehicles market but also in aerospace, mining and construction equipment as well as discrete manufacturing led us to the idea of pooling our knowledge and resources to create a new family of solutions for our customers."

The Ubisense system is installed in the production facilities of companies such as BMW, Aston Martin, Caterpillar and Honda. The application at BMW called LIS/TAS involves tracking the industrial tools used on the final assembly line and loading the correct program into the tool automatically based on the specific vehicle being worked upon.

"The introduction of LIS/TAS has resulted in the elimination of the need to scan vehicles in order to identify them", comments Andreas Lehner, project manager at BMW in Regensburg. "All the project objectives have been met on time and within the planned budget. From the standpoint of value creation, the project is a complete success".

"This unique relationship allows Atlas Copco Industrial Technique and Ubisense to investigate the key innovations that will drive the next set of standards for use in manufacturing production and enable significant process improvements", comments Terry Phebey, VP Sales Ubisense.

About Atlas Copco Industrial Technique

Atlas Copco's Industrial Technique business area develops, manufactures and markets industrial power tools, assembly systems, software and service. It innovates for superior productivity for applications in the automotive and aerospace industry, general industrial manufacturing and maintenance, and vehicle service worldwide. Principal product development and main manufacturing units are in Sweden and France.

More information on the company is available at www.atlascopco.com.

About Ubisense

Ubisense is the world leader in Precise Real Time Location Systems and Consulting Services, tracking people and assets with unmatched accuracy, and giving enterprises the power to bring visibility and control to previously intractable business processes. With over 400 customers worldwide, Ubisense is revolutionising industries today. Visit www.ubisense.net.

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Set Atlas

NEW ATLAS TRAINMAN N CONRAIL GP 15 Train Set with Code 65 True Track Road Bed
NEW ATLAS TRAINMAN N CONRAIL GP 15 Train Set with Code 65 True Track Road Bed
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Atlas 44481 Starter Train Set Without Locomotive
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Set Atlas
Anyone out there think that the scenario that set the stage for "Atlas Shrugged" by Ayn Rand is too close?

To today's reality?

Specifically the growing trend toward socialist attitudes in the United States and world wide?

And how can we overcome this trend before it reaches a crisis which could bring down the entire free market economy?

I do believe there are similarities between today's reality and the world of Atlas Shrugged. One key one comes to mind. As in Atlas Shrugged, there seems to be a search for a savior or quasi-mystical figure who will help to save us from the cruelties of life.

I think that the trend towards socialism one sees today is not a new one. It has been going on for a very long time. Thus, I do not see recent events as an indication that our market economy (I cannot use the term free market economy, because it certainly is not that) is doomed to extinction.

The current recession is a product of many factors. For example, global competition is exerting downward pressure on domestic wages and has done a great deal to undermine our manufacturing base. Since profitability is not to be found in manufacturing, a great deal of money was directed to the financial sector, and this sector grew, but in order for the sector to continue to grow, it had to find the way to generate ever-increasing profits. One could argue that this is why people were attracted to clearly dangerous investments and transfers of debt. The list of factors goes on and on, but the claim that the state of our current economy is what it is because regulations A, B and C were not enacted (as I believe many are suggesting) is dangerously oversimplified at best.

It will be interesting to see if socialism comes back into vogue. Of course, market economics has stood the test of time, whereas socialism has repeatedly been shown to be a failure, so one hopes that people will regain their good sense before proclaiming that the sky is falling, but one never knows.

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