Posted by New Delhi: Kim Povlsen appointed as President of Universal Robots, Teradyne.
Kim Povlsen, a Danish native, brings global executive leadership from a high-tech and commercial perspective, He will lead Universal Robots’ next stage of growth and innovation.
His appointment reinforces the commitment of Teradyne to Universal Robots‘s Danish origin and its role in further developing the local robotics community. Kim begins his new role at Universal Robots on March 1, 2021.
“I am delighted to introduce Kim Povlsen as the new President of Universal Robots” said Greg Smith, President – Industrial Automation Group, Teradyne. Smith is President of Universal Robots.
“Kim combines a fantastic track record as a dynamic executive with a background in and a tremendous passion for robotics. With Kim on board, Universal Robots is poised to strengthen its leadership in the global market for collaborative robotics,” added Smith.
“With Kim’s leadership, we can accelerate the growth in new applications and market growth for cobots. I’m thrilled to have a Danish executive who can build on our achievements and support the further development of our robotics hub and headquarters in Odense,” he further said.
Kim has held various executive business and technology leadership roles at Schneider Electric, a global energy management and automation company. Most recently, he served as VP – Strategy & Technology, responsible for the technology strategy and execution within a multi-billion dollar global organization.
A native of Aarhus, Denmark, Kim holds a Master’s degree in Computer Science & Embedded Engineering from the University of Southern Denmark. The University’s graduates include many of the innovators and business leaders from the renowned Odense robotics community.
“I have been impressed with Universal Robots for some time. To me, the company represents the pinnacle of innovation and potential and I was thrilled to be approached for this unique leadership role,” said Kim Povlsen.
“The company pioneered the category of collaborative robots. It created an ecosystem of partner technology solutions and a vast global distribution network to serve customers in their varied industrial automation needs. It also has the potential to fundamentally reshape automation across the global economy. I really look forward to working with learning from and being part of the great people at Universal Robots,” added Kim.
Collaborative robots (cobots) remain the fastest-growing segment of industrial automation. It is projected to grow at a Compound Annual Growth Rate (CAGR) of 30.37% during 2020–2025.
Universal Robots is the leading collaborative robots (cobots) company today, with more than 50,000 cobots sold worldwide. The company has many customers in India such as Bajaj Auto, L’Oreal, Aurolab and Carl Zeiss.