Found in Robotics News & Content, with a score of 10.11
May 03, 2022
…like ours, because it allows us to avoid large CapEx [capital expenditures], which ultimately helps Fulfyld deliver better pricing to customers,” stated AJ Khanijow, CEO of Fulfyld. Fulfyld finds efficiencies “We’ve specifically designed our system to increase productivity in e-commerce operations where more labor is required to ship directly to consumers,” said Lior Elazary, co-founder and CEO of inVia Robotics. “As consumer demands for next- or same-day delivery increase and labor supplies decrease, we’re able to help 3PLs keep up and meet their SLAs [service-level agreements].” The system will include: inVia PickerWall system including a fleet of inVia Picker AMRs…
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 9.44
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 5.47
March 07, 2022
…also found an increase in pre-approved, annual capital expenditure (CapEx) budgets for materials handling solutions, with 39% reporting they had one, up from 36% the previous year. The average pre-approved budget climbed from $369,286 last year to $449,219 this year. When we asked about ranges, 31% reported a pre-approved budget of $1 million or more. Do you have a pre-approved annual capital expenditures budget for materials handling solutions? Source: Peerless Research Spending breakdown When asked what percentage of overall spending will be on either materials handling equipment, information systems (IS), or “other,” over the next 12 months, this year 30%…
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 13.07
December 05, 2021
…operational goals. Instead of traditional capital equipment expenses, or capex, RaaS provides a monthly service platform as an alternative financing option. It provides operational value without the monetary burden of a large equipment expense at the initial phase of integration. Hit was able to deploy the personalized robots within 60 days, and it continues to package tens of thousands of items daily at peak operation. During the first two months of operation, more than 200,000 products were packaged using the new robotic workcells. To date, over 1 million items have been packaged. By investing in automation, Hit has remained competitively…
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 5.60
September 10, 2021
…capital intensive, and generally requires substantial upfront capital costs (CapEx) — this has kept many smaller organizations from investing in robotics and prevented larger ones to take on more risks. The traditional business model has become even less appealing during the pandemic — as many businesses became cash-strapped. In a pandemic era, the return on investment (ROI) on heavy capital purchases has become fuzzy. Instead of selling hardware, RIOS sells “Factory Automation as a Service” and provides an all-inclusive service (installation, programming, maintenance, 24/7 monitoring, etc.). RIOS can deploy millions of dollars’ worth of hardware in factories with no upfront…
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 11.69
August 01, 2021
…business model in the robotics space is a purely CapEx play in which the customer needs to pay hundreds of thousands to millions of dollars upfront for robots. New incumbents are departing from this CapEx model and offering a robots-as-a-service (RaaS) business model. It is a pay-as-you-go (OpEx) plan, which allows customers to fund their automation needs with zero upfront capital commitment. A “$0 down with zero risk” value proposition is extremely attractive, not only for SMBs that are cash strapped but also for larger companies that want to take on more risks. The RaaS model is gaining more momentum…
Found in Robotics News & Content, with a score of 10.33
July 26, 2021
…said the report. RaaS offers to reduce capital expenditures (capex) on outright purchases of equipment by transferring service requirements to third-party providers as operational expenses (opex). “I think that there are a select few, probably including Walmart that will go down the capex path. They have all of their own software and capabilities in-house,” said an Attabotics staffer. “But, there's a lot that goes into e-grocery. Even the large companies need a turnkey solution if they want to get to market quickly with a profitable e-grocery business with the right SKU assortment, delivery time, the right mix of fresh and…
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…
