Found in Robotics News & Content, with a score of 0.54
July 28, 2021
…e-commerce and third-party logistics (3PL) businesses through a robotics-as-a-service (RaaS) model. Subscriptions allow companies of any size to quickly deploy and scale AMR fleets as needed without disrupting existing operations, according to the company. This eliminates the costs of leasing and maintaining equipment, it said. Investors share expertise inVia Robotics' Series C brings the company's total investment to $59 million from investors including Point 72, Upfront, and Embark. The company said it will use its latest funding to extend its product’s reach and operational support in North America. The funding will also drive market expansion into the Asia-Pacific region and…
Found in Robotics News & Content, with a score of 0.54
May 07, 2021
…managers need multiple services. ViaBot claimed that its robotics-as-a-service (RaaS) modular approach to addressing multiple needs in facilities maintenance and management is the first of its kind. “We're excited to announce our public launch to scale our robots-as-a-service for property management,” stated Ratanaphanyarat, co-founder and CEO of ViaBot. “We founded ViaBot with a mission to address the dirty, dull and dangerous jobs of outdoor work, and we're thrilled that our multifunctional robots are offering better solutions to the challenges facing property managers today.” RUNO is designed to clean and automatically dump its debris as well as autonomously “hot swap” batteries,…
Found in Robotics News & Content, with a score of 0.53
September 26, 2022
…to security and facility tasks. Cobalt said its robotics-as-a-service (RaaS) offering can improve workflows with greater efficiency and predictability at substantially reduced costs. This allows guards to focus on tasks that require judgment, empathy, and decision making, it claimed. The company's integrated Remote Guarding Service Solution includes robots with more than 60 sensors, including day-night cameras, 360-degree cameras, thermal cameras, depth cameras, lidar, and badge-reading capabilities. Using machine learning, semantic mapping, and novelty detection, the robot can independently identify and flag anomalies such as people, sounds, motion, doors and windows, and missing assets, Cobalt explained. Each robot has a screen…
Found in Robotics News & Content, with a score of 0.53
April 28, 2022
…addressable market. Sarcos offers its systems through a robotics-as-a-service (RaaS) model. With RE2's team, Sarcos said it will nearly double the size of ite engineering team and establish a second location in Pittsburgh to attract and hire new talent. Financial details Total consideration for the transaction, which was first announced last month, was $100 million. It consisted of $30 million in cash and 14 million shares of Sarcos common stock that were either newly issued or underlie assumed options, stated Sarcos. The stock component represents dilution to Sarcos stockholders of approximately 5.7%, based on a fully-diluted share count of approximately…
Found in Robotics News & Content, with a score of 0.51
March 02, 2020
…needs change or are added. When paired with Fetch’s RaaS (Robots-as-a-Service) cloud-based business model, Workflow Builder allows companies to see ROI almost immediately, modify workflows until perfect, and then complete the integration work later if desired. Although Workflow Builder is used for device, WMS, and WES integration, it is not dependent on the use of a WMS or WES, and does not require an integrator, giving the customer full control over their facility in both the short- and long-term.It can be deployed with WMS-related workflows such as picking and putaway, or workflows completely outside the WMS such as pack station…
Found in Robotics News & Content, with a score of 0.51
November 17, 2022
…promotion. The vendor, which offers robotics as a service (RaaS), completed deployment within one week. During the promotion period, the warehouse's capacity increased by 400%, and employee performance increased by 133%. While the total shipments increased sixfold, labor intensity for employees reduced by 33%, according to ForwardX. JD.com’s cosmetics warehouse Singles’ Day was also a big test for JD.com’s cosmetics warehouse because of the variety of goods and mix in size. Errors become more frequent as it attempted to meet e-commerce holiday demand. Therefore, the warehouse needed a flexible system that would not only increase productivity, but also increase accuracy.…
Found in Robotics News & Content, with a score of 0.51
October 06, 2022
…examined the potential of collaborative robotics and the robotics-as-a-service (RaaS) model in manufacturing. Speakers included Josh Pawley, vice president of business development at Vectis Automation; Brian Havey, director of sales at VersaBuilt Robotics; and Al Youngwerth, CEO of VersaBuilt Robotics. Watch the Robotics Applications Conference The Robotics Applications Conference is still available on demand, and registration is free for all sessions. Robotics 24/7 will continue covering the topics discussed at the event throughout the year. Peerless Media is already planning next year's conference, and companies can learn more about sponsorship opportunities by contacting Publisher Tom Cooney at [email protected]. About Peerless…
Found in Robotics News & Content, with a score of 0.50
April 12, 2023
…depends on the customer's business model,” he added. “Some are excited to seee SaaS or robotics as a service [RaaS], or we can charge a one-off royalty license per unit or annual licenses by units deployed rather than users.” “We're looking for more companies with the ambition to use vision in their core stacks,” Nicholson said. “We have a demonstration space at our headquarters in London.”
Found in Robotics News & Content, with a score of 0.50
August 30, 2021
…for automation.” How is it different from other robotics-as-a-service (RaaS) providers? “Those models still use the traditional way of deploying technology—at the end of that process, you find an integrator with allegiance to an OEM and the same billing model,” replied Kerr. “Formic is unique. We're a financing company mixed with an engineering company. We also do scoping and systems design before deployment. We bundle all of it, so it's not just a different way of paying for equipment.” “We purchase, integrate, and maintain robots from top OEMs at scale,” he added. “No manufacturer wakes up thinking, 'I want this…
Found in Robotics News & Content, with a score of 0.50
May 15, 2022
…wasn’t needed because they planned to use a robotics-as-a-service (RaaS) model. As to their robotics journeys, 72% were in early stages, with 38% learning about the market and technology, 22% formulating their strategy and vision for robotics, 8% performing an impact analysis, and 4% documenting their requirements. Others were further along, with 12% planning to roll out additional robots based on previous successful tests, 2% about to implement their first robots in a live production environment, and 2% piloting robots. The remainder either didn’t know or said they were doing something different. Given the huge number of technology providers and…
Found in Robotics News & Content, with a score of 0.50
August 10, 2023
…monthly fee, but it chose robotics as a service (RaaS) as a “salary,” Blum said. In addition, Skyline had to work with union shops, which could have been concerned about automation, he noted. “This is workforce augmentation rather than replacement. As of 2022, 76% of window cleaners are over 40, and you could be hanging 1,000 feet up at angles of 40 to 120 degrees,” said Blum. “Labor realized that it could get training with robotics and thus higher hourly wages.” “We're still doing a ton of education and engagement for the value chain, but more and more people are…
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…
