Found in Robotics News & Content, with a score of 1.61
February 23, 2022
…into “lights-out factories of the future.” RIOS workcells pioneer RaaS RIOS said that it “focuses on the last frontier of automation in factories, in which traditional automation breaks down.” It said its systems are designed to have the dexterity, cognitive skills, and autonomy to tackle hard-to-automate picking and sorting tasks in unstructured environments. The company added that it pioneered the robotics-as-a-service (RaaS) business model, which enables customers to avoid upfront capital commitments in favor of operational expenditures. RIOS said it has signed agreements with more than a dozen customers in the U.S. and Japan, from midsize businesses to large enterprises.…
Found in Robotics News & Content, with a score of 0.95
February 21, 2022
…selling its robots upfront, the company uses a robotics-as-a-service (RaaS) model and charges at a fixed price per pound. Bowery said it will take advantage of Traptic’s expertise in 3D vision, artificial intelligence, and robotics to help it harvest more produce at its indoor farms. “The technology we built to operate in harsh outdoor farm environments will work even better indoors, which will translate into even higher-quality produce like strawberries, other fruiting and vine crops, and so much more,” stated Lewis Anderson, co-founder and CEO of Traptic. Bowery said the purchase of Traptic lines up with its launch of retail…
Found in Robotics News & Content, with a score of 1.18
February 21, 2022
…technologies we're looking to integrate into the T-series robots.” RaaS could lead to robot neutrality The conversion from free trials to purchases and monthly fee-based services has begun and will gain momentum over the next 12 to 24 months, said Guardforce AI. “Not a lot of companies are doing robotics as a service [RaaS] in Asia, but there's a comfort level because clients already outsource security to us. We provide the guards and take care of their benefits and training,” Yap said. “We're not selling a product, and customers just care about the performance-based outcomes.” “If a robot can disinfect…
Found in Robotics News & Content, with a score of 0.62
February 16, 2022
…Miso said the system, offered through a robotics-as-a-service model (RaaS), can improve back-of-house workflows, allowing team members to be redeployed to customer-facing roles. White Castle said it expects its partnership with Miso Robotics to yield improvements in efficiency, product quality, and team member and customer experiences. The companies said they are rolling out Flippy 2 in phases by region, planning and scheduling them for the coming months and years. “We could not be more grateful for the confidence White Castle has shown in us as we enter into the next phase of our partnership,” said Mike Bell, CEO of Miso…
Found in Robotics News & Content, with a score of 0.32
February 12, 2022
…value.” My Goat offers its systems through a robotics-as-a-service (RaaS) model. “Customers don't need to buy the hardware upfront, and our intuitive software drives efficiency,” said Erickson. “Another metric is the financial impact rate—how quickly it takes to pay back the installation, plus the monthly subscription cost.” Goats learn mapped areas My Goat's robots map and operate within a geofenced perimeter. “In the first week, the Goats behave like toddlers,” said Erickson. “Then they learn and move on.” “The average pen is 1.1 acres. Usually, we have one machine covering two pens of 2 to 2.5 acres,” he explained. “If…
Found in Robotics News & Content, with a score of 0.87
February 08, 2022
…the company, which offers its system through a robotics-as-a-service (RaaS) model. Chartwells pleased with personnel shift Chartwells Higher Education, Charlotte, N.C.-based subsidiary of Chartwells Group, serves more than 300 college and university dining environments across the U.S. Picnic and Chartwells claimed that they are bringing “the world's first pizza assembly station to a college campus dining facility.” “Through Picnic, Chartwells is able to not only provide more efficient and timely service to guests, but also reduce potential food and product waste by 80%,” said the companies. “In addition, Chartwells gets to bring Texas A&M students a truly unique dining experience…
Found in Robotics News & Content, with a score of 1.91
February 04, 2022
…this widely-used and ubiquitous vehicle type.” Cyngn offers autonomy RaaS Menlo Park, Calif.-based Cyngn said it provides autonomous vehicle (AV) technology to address today's industrial challenges. They include labor shortages, lagging technological advancements from incumbents, and high upfront investment requirements. Cyngn went public in October 2021. The company's Enterprise Autonomy Suite includes the DriveMod modular autonomous driving software and Cyngn Insight, a customer-facing software suite for monitoring and managing fleets and aggregating and analyzing data. EAS also includes Cyngn Evolve, an internal toolkit that enables Cyngn to use data from the field for artificial intelligence, simulation, and modeling. Cyngn offers…
Found in Robotics News & Content, with a score of 0.82
February 01, 2022
…robotics evolve. The products are available through a robotics-as-a-service (RaaS) model to drive consistency, increase productivity, reduce costs, and improve the overall dining experience. The global cooking robot market could expand in value from $86.1 million in 2019 to $322.5 million by 2028, experiencing a compound annual growth rate (CAGR) of 16.09%, according to Research Nester. It noted that North America is currently the largest share of the market at 51%. $500M valuation leads to stock split The company claimed that its Series C and D rounds were among the most successful crowdfunding campaigns in history, with more than 15,000…
Found in Robotics News & Content, with a score of 0.76
January 26, 2022
…provider in the U.S. Seegrid recently added a robotics-as-a-service (RaaS) offering for its systems. In addition, MODEX attendees can see firsthand how Seegrid IQ provides enhanced perception and humanlike awareness. The next-generation autonomy technology enables AMRs to reliably and safely transport goods across busy factories and dynamic warehouses, said the company. Seegrid will also offer live demonstrations of its Fleet Central enterprise software suite. It will give booth visitors the opportunity to monitor AMRs with the Supervisor fleet management software and maximize productivity with data-driven insights from Fleet Geek analytics software. Source: Seegrid Seegrid to discuss automation ROI at MODEX…
Found in Robotics News & Content, with a score of 0.49
January 25, 2022
…is available with no upfront costs through a robotics-as-a-service (RaaS) model. Electric Sheep to invest in staff Tiger Global led Electric Sheep Robotics' Series A round. The company has raised $25.7 million to date and claimed that it is currently the best-capitalized autonomous mowing start-up with the largest number of commercial customer deployments. “Automation of the $115 billion outdoor maintenance market is an enormous opportunity hiding in plain sight,” said Griffin Schroeder, a partner at Tiger Global. “Electric Sheep is leading the way with fully autonomous solutions. We are excited to invest and help them grow their leadership position.” Other…
Found in Robotics News & Content, with a score of 1.55
January 21, 2022
Recording: February 23, 2022 at 2:00 EST
…that managers need for efficiency and throughput The need to coordinate processes, robots, and people Robotics as a service (RaaS) and mobile robot fleets The need for interoperability among systems from multiple vendors and current standards efforts Register now for this Robotics 24/7 Roundtable, and submit questions now or ask them during the live broadcast. Speakers: Lior Elazary Co-founder and chief executive officer inVia Robotics Matt Fitzgerald Director of product management 6 River Systems Matt Charles Sales director, Midwest and Canada Mobile Industrial Robots Moderator: Eugene Demaitre Editorial director Robotics 24/7, Peerless Media LLC
Found in Robotics News & Content, with a score of 1.36
January 18, 2022
…one-stop shop for automation.” The company said its robotics-as-a-service (RaaS) offering delivers customized robots at a low hourly rate with no money upfront and guaranteed uptime. Formic said its full “turnkey” service includes everything from planning and deployment to maintenance with no risk. “We started with the assumption that small and midsize enterprises would benefit the most from automation, but very large companies have the exact same challenge,” Farid told Robotics 24/7. “Corporate headquarters have budgeted $5 million to $10 million for plant automation but don't use it because of the complexity and capital investment. Deployment often involves huge operational…
