Found in Robotics News & Content, with a score of 9.90
…of commercial automotive services, which includes fleet management and leasing, upfitting and vocational vehicle equipment manufacturing. The commercial partnership with Holman, according to the companies, will help fuel the growth and ongoing development of Formant’s robotics platform which transforms how businesses manage their fleet while integrating physical automation. “For more than a century, Holman has been quick to embrace emerging technologies that strengthen our core competencies and have the potential to deliver additional value for our customers,” said Gernot Leinenbach, executive vice president and chief strategy officer at Holman. “After an initial investment several years ago, Holman is proud to…
Found in Robotics News & Content, with a score of 12.34
…There are nuances to RaaS. Some vendors say flexible leasing can accomplish the same core benefit of removing upfront costs. Others point out that the ultimate evolution of RaaS will incorporate performance objectives that incentivize continuous improvement. Opex appeal The key to RaaS is that it provides access to solutions without capital outlay, said Joe Couto, executive vice president of robotics and third-party logistics (3PL) at integrator and software provider Körber Business Area Supply Chain. Couto said that Körber saw this appeal with the RaaS success of its partner Locus Robotics. Since not all its robotics partners offered RaaS, Körber…
Found in Robotics News & Content, with a score of 3.71
…operation can scale up with fewer temporary laborers.” By contrast, most of MiR’s customers buy direct, and some use leasing services, according to Heffner. Once again, robotics users will have to find the best arrangement for themselves, but major vendors are invested in helping them succeed.
Found in Robotics News & Content, with a score of 5.38
…Flexible procurement models: German Bionic offers favorable purchase and leasing options for the deployment of exoskeletons in nursing and care facilities. Because German Bionic worked closely with hospitals during the devlopment of Apogee+, it followed all applicable U.S. Occupational Safety and Health Administration (OSHA) standards from the beginning, Schmidt told Robotics 24/7. “We can proudly say that the Apogee+ is the only device in the market in this category,” he said. “Our exosuit can be used by people of virtually any size,” added Schmidt. “A single device can be shared among workers—we recommend each has their own set of chest…
Found in Robotics News & Content, with a score of 3.86
…since it includes the number of trucks for purchasing, leasing, or renting. Users can come up with a customized format. What are more examples of how this data can be used? Buena-Franco: For instance, based on cyclicality, we can do dynamic positioning. If you expect certain SKUs or parts to move faster, they can be placed where it's easiest for the pickers. If we have pallets, they can be placed low versus high up in back of storage, or we can put them lower on the rack if we know the weight of the finished goods. Dynamic slotting is important…
Found in Robotics News & Content, with a score of 2.92
…damaged lift truck, companies often resort to renting or leasing a truck, which adds unplanned cost. In anticipation of frequent downtime, companies may even regularly carry more lift trucks than necessary, adding additional units through lease, short-term rentals or outright purchase. Automation is a reliable solution to minimize the risk of costly downtime and unexpected delays. Simple, routine tasks are prime opportunities for error, such as misplacing inventory or failing to update the warehouse management system [WMS]. The wrong pallet placement may require staff to stop and search for a missing pallet or delay delivery to a customer. Robotic lift…
Found in Robotics News & Content, with a score of 8.10
…offers a range of services for quotes on robots, leasing options, and more. Italy demonstrates strength in packaging CEO Soren Peters. Source: HowToRobot One of the Italian robotics industry’s key strengths is within packaging machinery and automation. The country has the highest share of the global packaging machinery market at 16.5% with a turnover of €8.1 billion ($8.69 billion U.S.) in 2021, ahead of Germany with an estimated market share of 14.9%, according to UCIMA. Exports account for 78% of the Italian packaging machinery’s turnover, it said. “Automation finds its maximum expression in Italy in packaging and processing machinery sector,”…
Found in Robotics News & Content, with a score of 4.36
…agriculture, energy, or utilities have constraints on owning versus leasing,” added Waters. “We're flexible.” “One question we get from everyone is whether the pad can just sit out there,” he said. “It's not a hangar, and since nobody is going straight from piloted to fully automated BVLOS inspections, the PowerPad Pro is an entry point. We are working on variants of a hangar, which has to be inexpensive, deployable at scale, and secure.” WiBotic partners see utility of PowerPad Pro One of WiBotic’s first partners for PowerPad Pro is Valmont Industries Inc., an Omaha-based provider of techology for monitoring infrastructure…
Found in Robotics News & Content, with a score of 5.67
…“We are working with some third parties regarding financing, leasing, and RaaS,” noted Varley. “Also, some OEMs we work with offer robotic solutions on a 'pay-per-use' basis. This is calculated either by runtime or products produced. Even though Mitsubishi Electric Automation does not yet offer these services, we work closely with companies that do.” According to McKinsey & Co., “automation providers that can move toward robotics as a service and act as a single point of contact for maintenance (for both hardware and software) will create a distinctive competitive advantage.” McKinsey & Co.'s research found that 55% of surveyed industrial…
Found in Robotics News & Content, with a score of 9.53
…of robotics end users would be more interested in leasing the solution during peak season,” Dorssers said. “Adapting to this type of business model could increase robot adoption, but it is still very difficult to find robotics companies that are offering it.” Dorssers suggested that the robotics industry has a lot to gain by understanding end users better and helping them understand in their own terms the value that automation can provides. “Even though many companies have a high potential for automation, they are not always aware of it, especially smaller companies,” he concluded. “But if you can explain what…
Found in Robotics News & Content, with a score of 8.16
…conference, NYPD Chief Jeffery Maddrey said the city is leasing the Knightscope robot from the company as part of a six-month pilot. The department plans to start using the robot either in June or July, and it will initially be deployed in Times Square or at a subway station, he said. Knightscope K5 robot outfitted with numerous sensors to optimize safety The company sells 10 different security robots, some of which are designed to be stationary and others that are meant to be used either indoors and outdoors or both. The K5 robot is an indoor/outdoor robot that features four…
Found in Robotics News & Content, with a score of 5.67
…expenditure (capex) Obtaining them as an operating expense (opex) Leasing the technology from a third party (capex or opex depending on the lease) When the cost of automation often exceeds the signing authority of a warehouse manager, funding will come from a capex budget controlled by upper management. Thus, the proposal may be one of many competing for limited funds allocated across the company. However, according to respondents, the capex approval process does not appear to be a significant hindrance to adoption, with 89% saying their companies' capex approval process is supportive of automation. Leasing is another common method to…