Found in Robotics News & Content, with a score of 9.45
March 23, 2022
…customer experience, combined with RaaS, which eliminates the large capex purchase. RIOS to show active workcell at MODEX RIOS will unveil several new workcells in Booth C8290 in response to popular customer demand. On-floor demonstrations will showcase artificial intelligence-powered robotic workcells in active handling of goods with human-level dexterity at line speeds. Its digital twins are built on NVIDIA's recently updated Omniverse. The demonstration task performed by the robots is an integral part of operations within distribution centers of all scale, said RIOS. RIOS will showcase active workcell deployments in supply chain and manufacturing environments. The company claimed that its…
Found in Robotics News & Content, with a score of 9.41
December 17, 2021
…labor shortages. Companies such as RIOS are leading the way with RaaS through a subscription-based program, which eliminates a CapEx purchase. RIOS robotic workcells can help operations in three ways: production, quality control, and end-of-line packing. The company's systems offer viable opportunities for retail operations, fulfillment, and manufacturing facilities to revitalize their operations to meet customer demands with accuracy and speed, especially during peak season.
Found in Robotics News & Content, with a score of 9.18
August 30, 2021
…why haven't more facilities automated? It's because of time, CAPEX [capital expenditures], lack of expertise, and production uncertainty. It's hard to justify robots if you don't know exactly what you'll be doing for the next few years. Companies prefer predictable OPEX [operating expenses] to the risk of unforeseen expenses. They don't have enough money or time to install new systems.” “Also, the automation industry is misaligned,” he said. “Integrators are incentivized to sell equipment that's marked up, and they quote only system partners. Most financing locks in high lending rates, and OEMs want to sell as much equipment as they…
Found in Robotics News & Content, with a score of 9.13
April 07, 2020
…options for its solutions. Many retailers are understandably freezing CapEx due to circumstances beyond their control, and RaaS implementation models allow them to continue to lean forward with innovative technology that will serve their customers and their businesses now and in the future. Market trends, consumer behavior, and new competition have strained retail, e-commerce, grocery, convenience, and foodservice supply chains for several years. But, the impact of our current shared crisis on retail in general is unprecedented. According to Statistica1, in the first half of March sales for grocery and food delivery are up more than 40%, Amazon is up…
Found in Robotics News & Content, with a score of 8.40
November 05, 2021
…robotics has transformed automation in the warehouse,” said Craig Whitehouse, managing director of Invar Integration. “Their flexibility, scalability and low-capex [capital expense] appeal offers huge advantages over fixed solutions. HAI Robotics has a fantastic range of intelligent ACRs, wel-suited to the varied demands of fulfillment applications, and so we are delighted to include HAI Robotics' advanced ACRs in our fast-expanding solutions suite.” The strategic tie with Invar is HAI Robotics' second in Europe, following its alliance with France-based Savoye.
Found in Robotics News & Content, with a score of 8.04
December 09, 2022
…not “set and forget.” If they're bought as pure capex [capital expenditure], it's a massive missed opportunity. Robotics as a service [RaaS] is a more iterative approach and more of an opex [operational expenditure] play. Software is the true enabler here. With machine learning opportunities, every time an advanced robot interacts with its environment, it should be getting smarter. You need a feedback loop to get the most out of automation. RaaS and customer expectations Speaking of RaaS, what do you mean—leasing, renting, etc.? Dryer: RaaS can be configured in different ways. First and foremost, it could just be the…
Found in Robotics News & Content, with a score of 7.83
April 12, 2021
…Huerta told Robotics 24/7. “We were strongly in the capex [capital expenditures] model, but during periods of uncertainty, people hold onto capital.” “We're one of the first in the market offering robotics as a service, or RaaS, for big robots,” he added. “This allows us to unlock opex, or operational expenses, and it allowed us to build out our fleet for applications into 2021. We didn't have to change much—we already offered a recurring model with our Network Operations Center [NOC]. It's now a monthly package.” In addition, RaaS can help customers scale for seasonal demand, said Huerta. “When sizing…
Found in Robotics News & Content, with a score of 7.26
June 13, 2022
…trash and dunnage With a low capital expenditure or CapEx and a three-day installation, Waytek increased productivity, doubled throughput, and reclaimed up to 15% of its floor space, said Lawton. Robot deployments accelerate with demand “In many cases, people are skipping the proofs of concept or pilots and are moving straight into deployment of robots,” Lawton said. “They need to get systems in before peak season starts in September or October.” “Compared with three years ago, people have moved from curiosity about robots to recognizing where they can add value. I've never seen this level of urgency,” he told Robotics…
Found in Robotics News & Content, with a score of 6.89
February 14, 2023
…is available in two purchase models: robotics-as-a-service (RaaS) and capex (outright purchase). Several customers in the U.S. and Europe plan to roll it out in their warehouses in 2023, according to the company. “Our pilots with a 3PL, a large grocer and a smaller grocer, and a pharmacy/e-commerce provider are booked for this year. We can barely keep up with the demand we are seeing,” Zizka said “The system in our video [see below] has already completed 100,000 orders in a grocery environment.” Brightpick will be showing its technology at ProMat in Chicago next month and at LogiMAT in Stuttgart,…
Found in Robotics News & Content, with a score of 6.26
April 18, 2022
…grocery had created,” said Scriven. “They had an inexpensive CapEx solution, but Instacart owned the data. Today, the story has transitioned 180 degrees. I wouldn’t go so far as to say that no grocer will want their own MFC, but, if Instcart is successful, the grocers will own their own data; Instacart will provide the order management platform, and Instacart can pool labor resources across all of the customers in their MFCs.” I think it goes without saying that some of the largest retailers, like Walmart, will invest in automation wherever it makes sense, including in MFCs. But for grocers…
Found in Robotics News & Content, with a score of 5.96
April 05, 2021
…model of asking customers to pay upfront capital costs (CapEx) for automation will not cut it for new incumbents. We were early proponents of robots-as-a-service (RaaS) — we don’t charge for hardware or software; we deliver services to customers and only charge them operating costs (OpEx). This year, with the toll of COVID-19 on global business, more companies than ever before are gravitating towards a pay-per-use model with no hefty upfront financial commitments. As companies’ revenues decline, this is going to become a permanent trend. We’ve seen startups switch from a software licensing business to a full-service business and adopting…
Found in Robotics News & Content, with a score of 5.65
April 02, 2020
…entrances into the ecosystem in the form of new, CAPEX-free actors and also opens the sector up for newer opportunities for a business model. This platform results in a size race and that causes a change in the model into a “winner-takes-all” model or a market that is concentrated with the emergence of business models that are crowdsourced. According to paper writers that are currently studying the sector, business models that allow anybody to undergo last-mile deliveries also play a role in opening the sector up to new models that are disruptive. 4. New Methods of Production New techniques that…
