Grid Dynamics Helps SmartRay Create an AI Robotic Inspection Platform in Collaboration with Wandelbots
MWN-AI** Summary
Grid Dynamics has partnered with SmartRay and Wandelbots to develop an advanced AI robotic inspection platform centered around SmartRay's 3D weld inspection solution, known as JOSY. This collaboration focuses on significantly enhancing workflow automation, resulting in faster planning and implementation times, while simultaneously reducing operational costs and risks. The new solution achieves a considerable degree of automation through the integration of AI-assisted workpiece feasibility analysis, tool path generation, and tool path execution, which drastically reduces the initial analysis and path creation time from days to mere minutes.
Utilizing Wandelbots’ NOVA platform, the newly developed system ensures compatibility with a diverse range of robotic manipulators and employs sophisticated simulation and optimization techniques. Grid Dynamics, renowned for its expertise in robotic control and optimization, has successfully transformed SmartRay's programming workflows, thus facilitating greater automation and expediting time-to-market. This joint initiative signifies SmartRay’s long-term strategy of innovating weld inspection by mutually integrating advanced 3D sensing technology and processing algorithms.
Grid Dynamics' CTO noted that the collaboration enhances the operational efficiency of robotic systems, allowing for significant efficiency gains and rendering the realms of robotics more versatile in various industries. SmartRay’s VP emphasized their commitment to delivering top-tier, automated weld inspection solutions that enhance product quality and reduce production costs.
Wandelbots’ representative highlighted that their NOVA platform is revolutionizing robotic programming methodologies, making robotic solutions more accessible and efficient for companies. This development represents a substantial leap toward next-generation robotics, particularly in manufacturing and high-tech sectors, underlining the importance of continuous innovation in industrial automation.
MWN-AI** Analysis
Grid Dynamics' recent collaboration with SmartRay represents a significant advancement in the realm of robotic inspection technology, particularly in the manufacturing sector. Their joint efforts have culminated in an innovative AI Robotic Inspection Platform that leverages the Wandelbots NOVA platform to enhance operational efficiencies.
**Market Analysis:**
1. **Increased Efficiency and Cost Savings**: The integration of AI technology into SmartRay’s 3D weld inspection solution, JOSY, promises to drastically reduce planning and implementation times, shifting timeline expectations from days to mere minutes. This can serve as a compelling factor for manufacturers aiming to streamline operations and reduce costs, creating a substantial market advantage.
2. **Growth Potential in Robotics**: As articulated by industry experts, advancements in embodied AI models can stimulate demand for related hardware and software. This suggests a robust growth trajectory for Grid Dynamics. Investors should consider the long-term implications of this partnership, as the trajectory indicates an increasing relevance of automation across industries, particularly as manufacturers strive for greater efficiency.
3. **Strategic Positioning**: Grid Dynamics, with its strengths in AI and digital engagement, along with SmartRay’s expertise in 3D technologies, positions them as frontrunners in transforming industrial practices. This partnership's synergies can be pivotal in capturing market share in the rapidly evolving robotics landscape.
4. **Risks and Considerations**: While the prospects are positive, potential investors should remain cautious of inherent risks associated with technology implementation timelines and the unpredictable nature of market acceptance. Factors affecting technology adoption could lead to fluctuations in projected outcomes.
5. **Investment Implications**: Overall, financial analysts may advise a bullish outlook on Grid Dynamics, given the innovative breakthroughs in automation and robotic applications. However, due diligence is essential, focusing on quarterly performance metrics and market developments to assess sustained growth potential.
In conclusion, Grid Dynamics' initiative expands its offerings in the AI and robotics domain, strengthening its market position while also promising significant advancements in operational efficiency for its clients.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Key Takeaways:
- Grid Dynamics and SmartRay partner to create a new workflow automation for SmartRay’s 3D weld inspection solution, JOSY, substantially accelerating planning and implementation times, and reducing operational cost and risk.
- The solution achieves a high-level of automation by integrating AI-assisted workpiece feasibility analysis, tool path generation, and tool path execution.
- Built on the Wandelbots NOVA platform, the solution ensures seamless integration with a wide range of robotic manipulators and leverages state-of-the-art simulation and optimization components.
Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services, today announced the successful launch of SmartRay’s new software platform for robotic weld inspection. Drawing on its deep expertise in robotic control, advanced optimization, and AI engineering, Grid Dynamics helped transform robotic programming workflows at SmartRay—a global leader in high-end weld seam inspection—enabling greater automation, faster time-to-market, and significant cost reductions.
Innovating weld inspection by combining specialized 3D sensors with advanced processing algorithms is central to SmartRay’s long-term strategy. Grid Dynamics extended SmartRay’s software ecosystem with AI applications for workpiece feasibility checks and tool path generation, reducing the time required for initial analysis and path creation from days to minutes. The solution was built on the Wandelbots NOVA platform in close collaboration with the Wandelbots engineering team, delivering a seamless workflow—from feasibility checks and tool path creation to robot trajectory execution across a broad range of manipulators, thanks to NOVA’s cross-platform hardware abstraction layer.
"Advancements in foundational embodied AI models can dramatically expand the applicability of robotics, creating significant demand for the associated hardware and software ecosystem—from robot programming platforms to observability tools to model and dataset management solutions," said Ilya Katsov, CTO, Americas at Grid Dynamics. "Our work with SmartRay and Wandelbots marks a key milestone in the journey toward next-generation robotics, allowing us to test and apply cutting-edge methods and technologies."
"We provide our customers with best-in-class turnkey weld inspection solutions, objective 100% quality control and data-driven process optimization," said Bernd Lorösch, VP Business Unit JOSY at SmartRay. "With Grid Dynamics’ expertise, we can now offer next-generation robotic intelligence that dramatically simplifies the integration and operation of our solutions by automating critical tasks like feasibility analysis and tool path optimization."
"Wandelbots NOVA is transforming how companies approach robotic programming and operations in the age of AI," said Stephan Hotz, Chief Product & Technology Officer at Wandelbots. "By providing our platform as a basis enriched with domain-specific AI components developed by Grid Dynamics, we empower businesses to deploy robotic solutions faster and achieve meaningful gains in efficiency and cost savings. These collaborations lay the foundation for transforming our industries with physical AI."
This robotics AI initiative expands Grid Dynamics’ ability to deliver transformative solutions to clients in manufacturing, logistics, and high-tech industries. To learn more about the AI Robotic Inspection Platform, read the case study .
About Grid Dynamics
Grid Dynamics (Nasdaq: GDYN) is a leading provider of technology consulting, platform and product engineering, AI, and digital engagement services. Fusing technical vision with business acumen, we solve the most pressing technical challenges and enable positive business outcomes for enterprise companies undergoing business transformation. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with offices across the Americas, Europe, and India. Follow us on LinkedIn .
About SmartRay
SmartRay specialises in 3D sensors for measuring tasks, quality inspection and complete solutions for weld seam inspection. With the turnkey JOSY weld inspection solution, manufacturing companies can improve their product quality, optimize their automation processes and reduce production costs. By focusing 100% on 3D technology, SmartRay has built a comprehensive portfolio that quickly and reliably solves a wide range of 3D applications even beyond weld inspection. For more details, visit www.smartray.com .
About Wandelbots
Wandelbots empowers enterprises to transform industrial robotics into software-defined, continuously optimizing systems. With its unified platform – including the Wandelbots Cloud Platform, the Developer Portal and the Wandelbots NOVA Operating System – manufacturing companies automate faster, optimize smarter, and scale global operations with confidence. For more information, visit www.wandelbots.com .
Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results of Grid Dynamics to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” “will,” “potential,” “projects,” “predicts,” “continue,” or “should,” or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include, without limitation, quotations and statements regarding the expected benefits of our capabilities and our company’s future growth including with customers, and the AI Robotics Inspection Platform with SmartRay.
These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside Grid Dynamics’ control and are difficult to predict. Factors that may cause such differences include, but are not limited to our ability to achieve its expected benefits, as well as any factors limiting our capabilities, and the benefits of our services and products.
Grid Dynamics cautions that the foregoing list of factors is not exclusive. Grid Dynamics cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Grid Dynamics does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Further information about factors that could materially affect Grid Dynamics, including its results of operations and financial condition, is set forth under the “Risk Factors” section of Grid Dynamics’ annual report on Form 10-K filed February 27, 2025, and in other periodic filings Grid Dynamics makes with the SEC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250717650305/en/
Media Contacts:
Grid Dynamics
Cary Savas
+1 (650) 523 5000
csavas@griddynamics.com
Wandelbots
Carrie Eyerly
+49 351 86264000
contact@wandelbots.com
FAQ**
How does the partnership between Grid Dynamics Holdings Inc. (GDYN) and SmartRay enhance the efficiency of robotic weld inspection compared to previous methods?
What specific cost reductions and operational risks can clients expect to achieve by implementing the new AI Robotic Inspection Platform developed by Grid Dynamics Holdings Inc. (GDYN) and SmartRay?
In what ways does the Wandelbots NOVA platform contribute to the seamless integration of Grid Dynamics Holdings Inc. (GDYN) and SmartRay's robotic solutions across various manipulator systems?
How does Grid Dynamics Holdings Inc. (GDYN) plan to leverage advancements in AI and robotics to further expand their market presence in the manufacturing and logistics sectors?
**MWN-AI FAQ is based on asking OpenAI questions about Grid Dynamics Holdings Inc. (NASDAQ: GDYN).
NASDAQ: GDYN
GDYN Trading
-0.64% G/L:
$6.04 Last:
761,160 Volume:
$6.16 Open:
