Found in Robotics News & Content, with a score of 5.12
March 16, 2023
…ProMat include maintenance, zero money down, a pay-as-you-go model, leasing, white-glove service, and 24/7 support. We're moving away from the concept of “pure RaaS.” RaaS is based on the software-as-a-service or SaaS model, but how does RIOS look at services for hardware versus those for software? Casse: It's all about flexibility. We address it very differently than other providers. We don't distinguish between hardware and software. We just provide services to customers, some of whom want a one-stop shop. Midmarket or small businesses are happy if we can match or be close to labor rates. They'll pay a fee that's…
Found in Robotics News & Content, with a score of 4.27
February 14, 2023
…but they need to understand the difference between pay-per-pick, leasing, and other financing arrangements, said multiple Manifest speakers. “RaaS is a great option for customers to manage risk,” said Patrick Kelleher, global chief development officer at DHL Supply Chain. RaaS and AMRs can deliver immediate value, observed Ryder's Allen. “We've got 15,000 drivers and have evaluated 250 technologies,” he said. “It's about lines or shifts per day,” Allen added. “Locus robots are good for higher SKU count for CPG [consumer packaged goods], while autonomous forklifts are a better option for moving pallets.” “We serve automotive, aerospace, healthcare, food, retail, and…
Found in Robotics News & Content, with a score of 5.08
February 08, 2023
…instinctive learning with as-a-service characteristics including cloud connectivity, monthly leasing, and 24/7 support, Rapid Robotics has been able to democratize automation in the face of an intense workforce shortage,” said Rapid Robotics. “Now, with the Yaskawa portfolio as an integrated part of Rapid Robotics’ suite of solutions, manufacturers needing an industrial-size solution who previously could not automate due to traditional barriers like cost, inflexibility, or lengthy deployments can make those automation dreams a reality,” it said. Yaskawa promises ease of integration The Yaskawa robots have robust capabilities, avoid interference with peripheral devices, and minimize the space needed to install an…
Found in Robotics News & Content, with a score of 9.63
January 17, 2023
…more than $8 billion in aviation transactions. It provides leasing services to airlines, helicopter operators, governments, and end users. LCI is the aviation subsidiary of Libra Group, whose subsidiaries own and operate assets in nearly 60 countries. It is primarily active in aviation, energy, hospitality, real estate, maritime, and diversified investments. Chaparral eVTOL to carry cargo Elroy Air said the autonomous aircraft and software it is developing are the first of their kind in the industry and will “expand the reach of express shipping to every person on the planet.” The South San Francisco, Calif.-based company added that it has…
Found in Robotics News & Content, with a score of 3.14
December 09, 2022
…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 software or vision portion of a solution. This is more of a SaaS, or software-as-a-service, play, in my opinion. Alternatively, it could be the entire robot in an as-a-service model. It might be a mix of some capex and opex to minimize initial cash outflow and give visibility into ongoing costs. If you combine the full service of robots including replacement under a single fee, that is what I consider true RaaS.…
Found in Robotics News & Content, with a score of 8.30
August 23, 2022
…and monitor tire pressure in real time for enhanced safety, and a partnership with Ryder to leverage Ryder’s national leasing, servicing and fleet maintenance expertise. Gatik said the collaboration with Cummins represents a key component of its platform-agnostic commercialization strategy. It argued that it enables it to integrate its autonomous driving system with multiple OEMs, and across a range of vehicle platforms powered by Cummins.
Found in Robotics News & Content, with a score of 29.97
June 07, 2022
HowToRobot announced this week its new automation leasing program. U.S.-based businesses can now apply for 36- or 60-month lease on robot purchases. The flat monthly rate includes the cost of the robot, integration, training, and more. Various lease options allow businesses to own, purchase, renew, or exchange equipment at the end of the lease term, according to HowToRobot. Businesses can apply at the company's website. Cleveland-based River Capital Finance is providing the financing. HowToRobot claimed that it is the world's leading matchmaking platform for robotic automation, connecting businesses with over 16,000 robot and automation suppliers globally—over 1,100 in the U.S.—and…
Found in Robotics News & Content, with a score of 13.30
May 09, 2022
…Boston-based company will also receive $5 million in venture leasing. “We are thrilled to have investors that are pioneers in understanding how AI is changing our world, and their support will enable Southie Autonomy to scale rapidly,” stated Rahul Chipalkatty, co-founder and CEO of Southie Autonomy. “Our mission is to unlock the potential of robotic automation, removing the long-established barriers to adoption, cost, and complexity. Supply chain providers and manufacturers now have a turnkey solution to help overcome labor challenges.” Draper Laboratory alumni Chipalkatty and Jay M. Wong founded Southie Autonomy in 2017. The company is a resident startup at…
Found in Robotics News & Content, with a score of 17.05
April 14, 2022
…said it makes hardware more accessible through fast, convenient leasing options. The firm said it offers numerous payment plans, term-end options, and equipment-return policies for cutting-edge technologies. River Capital Finance has been providing leasing for warehouse equipment for more than 30 years. It specializes in radio frequency identification (RFID), automatic identification and data capture (AIDC), warehouse automation, mobile computing, and point-of-sale (POS) equipment. Partners aim to ease initial investment in robots Orders for robots in the U.S. increased by 28% in 2021 to an all-time high of almost 40,000 units, reported the Association for Advancing Automation (A3). With the COVID-19…
Found in Robotics News & Content, with a score of 6.18
April 05, 2022
…fuel-cell systems. Rolls-Royce Holdings said it has customers in more than 150 countries, including more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers. The company's annual underlying revenue was £10.95 billion ($14.39 billion U.S.) in 2021, its underlying operating profit was £414 million ($543.9 million), and it invested £1.18 billion ($1.55 billion) on research and development. Rolls-Royce also supports a global network of 28 university technology centers.
Found in Robotics News & Content, with a score of 5.55
April 03, 2022
…construction and hospitality are already familiar with renting or leasing equipment. While the robotics-as-a-service (RaaS) model is a different financing model from RPA and SaaS and involves both hardware and software support, it is similar in that it offers to move capital expenditures to operational expenses. Meili FMS is but one example of what's available. 2. AMRs as data-acquisition platforms The global market for mobile robots has seen a sharp increase over the past few years, according to Interact Analysis (see below). It projected the AMR hardware market alone to grow from $1 billion (U.S.) in 2017 to $7 billion…
