Found in Robotics News & Content, with a score of 0.63
…onto the pallet for transportation. Robotics as a service (RaaS), particularly for end-of-line palletizing, is growing quickly in the packaging industry, according to the Las Vegas-based company. It has a program that includes full financing without any long-term commitments. “By utilizing RaaS, growing companies can reallocate their workforce toward higher level activities, and as a result, conserve valuable working capital,” said Karen Mallouk, co-founder of AAA20 Group. “Our program eliminates the need for any robotics expertise whatsoever, as our application experts will fully configure the robots and deliver a turnkey solution.” “The implementation process is efficient, convenient, and offers the…
Found in Robotics News & Content, with a score of 0.32
…algorithms. With the idea of robotics as a service [RaaS], like software as a service, every single robot from Vecna Robots gets over-the-air updates. It isn't only new customers or new robots that get it. It's all about customer service—we're not super motivated to sell a piece of hardware and say, 'Good luck.' We want to have the robot meet and exceed expectations and get to productivity. This is because of years of development, building the right architecture. We've got 60,000 lines of code and 24/7 support. Some companies have had to redesign their systems, which is why we took…
Found in Robotics News & Content, with a score of 0.25
…is super critical, which is what we've been preaching all along.” With a growing number of software and robotics-as-a-service (RaaS) providers, how does InOrbit see the market growing and competing? “I come from the cloud world, and I welcome new companies,” Pestoni said. “In the early days, you could do one use case from soup to nuts, but now it's an ecosystem. No one vendor can control everything. I see plenty of room for specialization and differentiation.”
Found in Robotics News & Content, with a score of 0.64
…management of system operations, analytics, and integration. Berkshire Grey said its technology is modular, flexible, and available via robotics-as-a-service (RaaS) implementation models. This allows customers to quickly adopt automationwithout upfront capital expenditures, it said.
Found in Robotics News & Content, with a score of 0.19
…our business model,” he added. “Robotics as a service [RaaS] has opened doors for folks to get into automation because it overcomes the financial burden. At the end, the product has to perform. It's the 'flywheel effect'—the more AMR users have success, others will see it's not a trial but real and here to stay.” “Locus is opening its European headquarters in Amsterdam next month,” Zate said. “We're looking for opportunities for Waypoint internationally as well. Our product teams are assessing the right applications for different markets, and we expect to introduce Waypoint late in the first quarter of 2022.”…
Found in Robotics News & Content, with a score of 0.63
…ability to rapidly adapt to new scenarios. The Robots-as-a-Service (RaaS) business model for new incumbents Beyond technical innovations, new incumbents like RIOS have also innovated on the business model (i.e., embraced robots-as-a-service or RaaS) to make it a low bar for companies to adopt automation. Automation has historically been very 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…
Found in Robotics News & Content, with a score of 1.24
…flexibility to scale up and down on a robots-as-a-service [RaaS] principle.” evo has grown from an online-only retailer to open stores in Seattle; Portland, Ore.; Denver; and Whistler, British Columbia. The company said all it locations showcase its trademark blend of sport, culture, art, retail and service. Körber deploys Locus robots The rapid growth in demand pushed during the pandemic as well as peak seasons pushed evo to the limits of its capacity. In addition, the company had to consider COVID-related safety and social-distancing guidelines while designing its work processes. evo turned to Körber, a trusted supply chain partner since…
Found in Robotics News & Content, with a score of 0.59
…most favorably, small and medium-size manufacturers. Programs such as RaaS, Robots-as-a-Service, rapidly integrate within operations and allow funding for automation without financial barriers. As automation becomes more prevalent, companies need a new breed of upskilled technicians to work on robotic workcells. Technicians will need to operate and repair robotic systems, have advanced troubleshooting skills, and basic software knowledge. Forward-thinking community colleges like the Bay Area Community Colleges offer robust programs in ARMM (Automation, Robotics, Mechatronics, Maintenance). The community colleges’ goals are to provide their students with the relevant training to find well-paying careers, and through their employment, positively impact manufacturing…
Found in Robotics News & Content, with a score of 0.40
…interface.” Ohmni Labs offers its systems in a robotics-as-a-service (RaaS) model, but that may not be for everybody. “Some people are already familiar, but it depends on the customer,” Vu said. “Some prefer to buy the robots upfront, which is easier at our price point of under $3,000.” Telepresence and other next-gen technologies In production applications, it's still early days for mobile manipulation, acknowledged Vu. “We have a 3D-printed, ultralightweight prototype of robotic arms,” he said. “Our strategy has been to identify clear use cases and partners to go to market and demonstrate the value of the technology. We're not…
Found in Robotics News & Content, with a score of 0.50
…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 0.41
…retraining necessary. The RMO is available through a robotics-as-a-service (RaaS) model for $25,000 per year. Factories can “hire” it for less than $2,100 per month, bringing automation within reach for manufacturers of all sizes, Rapid Robotics said. A robotic 'ripple effect' Manufacturers appreciate how the Rapid Machine Operator delivers positive ROI from Day 1, but the value for regional producers goes far beyond that, said Aaron Halonen, Midwest general manager at Rapid Robotics. He is an automotive industry veteran with decades of experience in design, engineering, and quality control. “Factories around here are in a tough spot,” Halonen said. “Without…
Found in Robotics News & Content, with a score of 1.99
…deep learning technology and is available in a robotics-as-a-service (RaaS) model. Wood recently announced that Picnic's Series A funding surpassed $20.5 million, further enhancing company growth and commercial operations. Picnic Pizza System works with existing menus The Picnic Pizza System is the only modular and configurable pizza-assembly system commercially available in the market today, claimed Picnic. The company said its system can use any restaurant’s existing menu and help operators make up to 100 pizzas per hour with consistent results. Picnic said its automation technology can help businesses same time, money, and labor. Segments that can benefit include convenicence and…