Chipotle Mexican Grill (NYSE: CMG) announced today Autocado, its avocado processing cobotic prototype developed in partnership with Vebu that cuts, cores, and peels avocados before they are hand mashed to create the restaurant’s signature guacamole, and the Augmented Makeline, a cobotic makeline built in collaboration with Hyphen, are being tested in Chipotle restaurants for the first time. Autocado is currently operating at Chipotle’s Huntington Beach, Calif. location at 20972 Magnolia St and the Augmented Makeline is being utilized at the company’s Corona del Mar (CDM), Calif. location at 3050 East Coast Hwy.
Photos and B-roll video of Autocado and the Augmented Makeline can be accessed here: https://www.dropbox.com/scl/fo/kjcz5fjv6xun2l7z8zygm/ANVzEjOguvkF172YcyMhlp0?rlkey=00jmgufel1ku0fzftwckse5i0&st=dkaus6e0&dl=0.
“These cobotic devices could help us build a stronger operational engine that delivers a great experience for our team members and our guests while maintaining Chipotle’s high culinary standards,” said Curt Garner, Chief Customer and Technology Officer. “Optimizing our use of these systems and incorporating crew and customer feedback are the next steps in the stage-gate process before determining their broader pilot plans.”
Autocado Continues Through the Stage-Gate Process  Vebu and Chipotle worked closely with Certified Training Managers from Chipotle’s restaurants to analyze the company’s preparation process and identify tasks that are time consuming and less favorable among crew members. In the Huntington Beach restaurant where Autocado is operating, crew members can focus on assisting with other food prep items and delivering exceptional hospitality to guests while Autocado cuts avocados, removes their skin, and separates their fruit through an automated process. On average, it takes Autocado approximately 26 seconds to fully flesh out the fruit inside an avocado. In Chipotle locations across the U.S., Canada, and Europe this year, the company is expected to use approximately 5.18 million cases of avocados, equivalent to 129.5 million pounds of fruit.
The current iteration of Autocado features an updated design and size agnostic avocado processing abilities, meaning that the machine recognizes variability in the fruit and automatically adjusts itself to accommodate the size of the avocados being loaded.
Enhancing Digital Ordering with the Augmented MakelineChipotle’s Augmented Makeline, created in collaboration with Hyphen, uses automated technology to build bowls and salads while Chipotle employees operate the top makeline to make burritos, tacos, quesadillas, and kid’s meals. Approximately 65% of all Chipotle digital orders are bowls or salads, so the Augmented Makeline can improve employee efficiency and digital order accuracy, ensuring a more consistent experience for digital guests.
Cultivate NextChipotle has invested in Vebu and Hyphen through its $100 million Cultivate Next venture fund. Introduced in 2022, Cultivate Next makes early-stage investments into strategically aligned companies that further Chipotle’s mission to Cultivate a Better World and help accelerate the company’s aggressive longer term growth plans to operate 7,000 restaurants in North America.
Companies interested in collaborating with Chipotle through the Cultivate Next venture fund can apply by emailing [email protected].
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Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, is launching its powerful new lidar solution OT128 at Europe’s biggest commercial vehicle trade fair IAA Transportation in Hannover (booth location: Hall 12, #C71). Hesai’s OT128 is the most mature 360° long-range lidar in the market and is driving the rapid development of autonomous vehicles’ all-around sensing capabilities.
Hesai’s OT128 achieves a detection range of up to 200 meters at 10% reflectivity, meeting the demanding requirements of level 4 (L4) autonomous driving and other high-precision applications. With a finest angular resolution of 0.1° x 0.125° and data points exceeding 3.45 million points per second, the OT128 captures environmental details with levels of clarity that far exceed the automotive industry’s requirements.
With 66% fewer parts than the previous-generation product, Hesai’s OT128 has a significantly less complex architecture. This means that the unit can be mass-produced on automated manufacturing lines, reducing the production time by over 95% compared to the previous generation.
Hesai ensures safety and reliability with its ASIL B-certified products, including the Pandar128, QT128, and AT128, supported by a rigorous internal safety process. Leveraging this experience, the OT128 also meets ISO 26262 ASIL B functional safety standards and complies with ISO 21434 cybersecurity requirements.
OT128 has passed over 50 automotive-grade reliability tests. It boasts a design life exceeding 30,000 hours – 3 times the industry average – ensuring that the OT128 maintains exceptional performance even after prolonged operation in high temperatures.
Thanks to its excellent performance, Hesai’s OT128 has already been tested by pre-launch customers in Europe, including L4 autonomous driving, port logistics automation, industrial robotics, heavy machinery and smart factories. Companies such as Embotech and EasyMile have reported exceptional real-world performance, highlighting the OT128’s potential to transform the autonomous vehicle and industrial automation sectors.
According to the Lidar for Automotive 2024 report by Yole Intelligence, an international market research firm, Hesai ranks No. 1 in the robotic car lidar market globally, with a 74% market share. Among the top 10 autonomous driving companies in the world, 9 use Hesai’s 360° high-performance lidar.
Hesai has established a strong presence in Europe – with a sales and application engineering office in Stuttgart – as well as the US and Asia, with customers located in over 40 countries.
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Allied Market Research published a report, titled, “Monitoring Tools Market by Component (Software and Services), Deployment (Cloud and On-Premises), Type (Infrastructure Monitoring Tools, Application Performance Monitoring Tools, Security Monitoring Tools and End-user Experience Monitoring Tools), and Vertical (BFSI, Retail & E-commerce, Healthcare, IT & Telecom, Media & Entertainment, Manufacturing and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the monitoring tools market was valued at $26.5 billion in 2023, and is estimated to reach $140.4 billion by 2032, growing at a CAGR of 20.1% from 2024 to 2032.
Prime determinants of growth 
The global monitoring tools market is experiencing growth due to rising demand for proactive monitoring, increased focus on cybersecurity and regulatory compliance requirements. However, high implementation costs hinder market growth to some extent. Moreover,
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Report coverage & details: 

Report Coverage 

Details 

Forecast Period 

2024–2032

Base Year 

2023

Market Size in 2023 

$26.5 Billion 

Market Size in 2032 

$140.4 Billion 

CAGR 

20.1 %

No. of Pages in Report 

200

Segments Covered 

Component, Deployment, Type, Vertical and Region. 

Drivers 

Rising Demand for Proactive Monitoring 

Increased Focus on Cybersecurity 

Regulatory Compliance Requirement 

Opportunities 

Advancements in Artificial Intelligence and Machine Learning 

Growing Demand for Unified Monitoring Solutions 

Restraint 

High Implementation Costs 

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Segment Highlights
The services segment held the highest market share in 2023 
By component, the services segment is projected to attain the fastest growing segment from 2023 to 2032, owing to increase in demand for expert support, customization, and managed services to optimize monitoring tool deployment and usage, which is driving the segment growth.
The cloud segment held the highest market share in 2023 
By deployment, the cloud segment is projected to attain the fastest growing segment from 2023 to 2032, owing to the surge in adoption of cloud computing, and the need for scalable and flexible monitoring solutions. The benefits of cloud-based deployment such as ease of access and reduced infrastructure costs are driving the segment growth.
The infrastructure monitoring tools segment held the highest market share in 2023 
By type, the infrastructure monitoring tools segment is projected to attain the fastest growing segment from 2023 to 2032, owing to the rising complexity of IT environments and the need for optimized performance and reliability, which is driving the segment growth.
The BFSI segment held the highest market share in 2023 
By vertical, the BFSI segment are projected to attain the fastest growing segment from 2023 to 2032, owing to the increase in regulatory compliance requirements, the need for robust cybersecurity measures, and the demand for real-time monitoring to ensure operational efficiency and security, which is driving the segment growth.
North America led the market share in 2023 
North America led the market share in 2023, owing to the advanced technological infrastructure, high adoption of cloud services, and significant investment in cybersecurity. In addition, the presence of major market players and the increase in demand for sophisticated monitoring solutions across various industries contribute to North America’s dominance in the monitoring tools market.
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Major Industry Players: – 

Amazon Web Services, Inc.
Cisco Systems, Inc.
Dynatrace, Inc.
Google LLC
IBM Corporation
Microsoft
NETSCOUT Systems, Inc.
New Relic, Inc.
Riverbed Technology LLC
Splunk Inc

The report provides a detailed analysis of these key players in the global monitoring tools market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, acquisition and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Recent Development: 

In February 2023, Tech Mahindra, a provider of digital transformation, consulting, and business re-engineering services and solutions, announced the launch of SANDSTORM. This groundbreaking remote real-time network monitoring and smart device assurance service is designed for telcos and enterprises. SANDSTORM enables service providers to remotely measure customer experiences across various devices, including smartphones, tablets, VR headsets, smart TVs, and connected cars.
In August 2021, Netscout Systems, Inc. launched NETSCOUT Smart Edge Monitoring, which is providing IT teams with comprehensive visibility and insights to ensure optimal end-user experiences across any network or application, regardless of employees’ work locations.

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