PALM BEACH, Florida, May 14, 2018
PALM BEACH, Florida, May 14, 2018 /PRNewswire/ --
MarketNewsUpdates.com News Commentary
The robots are coming, whether we are ready or not and the trend is clear: robots will increasingly integrate into our society - at work, at home, in warehouses, hospitals and retail stores, on city streets, industrial parks and the footpaths of college campuses. As these increasingly versatile machines start to roll out or walk out of the laboratories, the global robotics and automation market is forecasted to grow from $64 billion to $1.2 trillion in the next ten years. The companies mentioned in today's commentary could be well-positioned to benefit from one of the hottest new markets in technology which includes: Generation Next Franchise Brands, Inc. (OTC: VEND), iRobot Corporation (NASDAQ: IRBT), Intuitive Surgical, Inc. (NASDAQ: ISRG), Cognex (NASDAQ: CGNX), Aptiv PLC (NYSE: APTV).
Generation Next Franchise Brands, Inc. (OTCQB: VEND) is the developer of the world's first fully-automated robotic frozen yogurt vending kiosk designed to disrupt brick and mortar competitors like Menchies and Yogenfruz. These "unattended" robots eliminate the need for costly rents, employees, food safety measures and are capable of operating 24-hours a day. The robots have the ability to accept payments of all kinds, even cryptocurrency. The company recently announced orders exceeding $47.6 million in the last 60 days, making it one of the fastest growing consumer robotics companies focused on disrupting traditional retail.
iRobot Corporation (NASDAQ: IRBT) The company behind the mega popular Roomba vacuum, is the undisputed king of the robotic vacuum world. Despite concerns about rising competition in robotic vacuums, the company has successfully deflected those concerns en route to consistent 20% plus revenue growth every single quarter.
Intuitive Surgical, Inc. (NASDAQ: ISRG) is the undisputed leader in the secular growth surgical robotics market. At the heart of ISRG is the da Vinci surgical system, which is essentially an exceptionally-precise robotic doctor's arm in the operating room. By reducing both a patient's length of stay and complications, robotic arms can help hospitals decrease overall treatment costs and minimize human error.
Cognex (NASDAQ: CGNX) is focused on industrial automation. The company provides "robotic-vision" to analyze information in order to automate tasks where human vision is needed. Cognex could automate the manufacturing and tracking of virtually anything, including mobile phones, medications, and potentially, automobile tires.
Aptiv PLC (NYSE: APTV) a technology company focused on developing and producing the next generation of autonomous vehicles. Goldman Sachs predicts that robo-taxis will help the ride-hailing and sharing business grow from $5 billion in revenue today to $285 billion by 2030 by using robotic automation.
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated nineteen hundred dollars for news coverage of the current press release issued by Generation Next Franchise Brands Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.
Media Contact email: firstname.lastname@example.org