Found in Robotics News & Content, with a score of 6.55
July 28, 2021
…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 Europe, the Middle East, and Africa. In addition, inVia said it will use the capital to align strategic supply chain partners to open new channels and deliver end-to-end logistics solutions.…
Found in Robotics News & Content, with a score of 6.48
April 24, 2017
…duties from the likes of UPS and FedEx by leasing trucks, planes, and ships. The company has also started testing drones to deliver items from warehouses to buyers' doorsteps as part of its Prime Air initiative. Earlier this year, Amazon was awarded a patent for the technology that would allow driverless cars to to navigate traffic and lanes on highways. Related: FedEx Bets on Automation as it Prepares to Fend Off Uber and Amazon Related “Delivery” White Papers Five Ways to Optimize Your DC For E-Commerce Fulfillment While DCs typically are designed to handle below-peak throughput, the rise of e-commerce,…
Found in Robotics News & Content, with a score of 6.43
February 09, 2018
…building out its delivery infrastructure, expanding into ocean freight, leasing its own cargo planes, finding ways to deliver packages inside your house with Amazon Key, and even planning for the future with its drone delivery initiatives. Despite all this, though, the company isn’t ready to go toe-to-toe with established firms, which spend billions each year just upgrading their existing networks. For that reason, Shipping with Amazon is starting small. So far, it’s been tested in various pilot programs, including in London, and this initial launch is said to be limited to Los Angeles. The WSJ reports that Amazon plans to…
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 6.12
July 09, 2018
…industry experience. Potential users also may be able arrange leasing or a “robotics-as-a-service” payment model. “Historically, we could not find leasing companies that would service a lease, but the last two years, the market has exploded for leasing,” says Hayes. Kenco Innovation Labs’ Ehrlich says Kenco has not yet deployed AMRs, but certainly sees the potential and is studying the various types available, the workflows they can support, and additional factors such as vendor experience, integration mechanisms to host systems, and software functions in areas like order processing and batching, or fleet monitoring. “There is not one best robot out…
Found in Robotics News & Content, with a score of 5.69
November 22, 2019
…department.” Angel Trains, one of the U.K.’s leading train leasing companies, is using the Stratasys Rail Industry Solution to manufacture a range of direct replacement parts including passenger arm rests, grab handles and equipment covers. “Sourcing obsolete replacement parts for older train fleets within short timeframes and at reasonable costs is becoming increasingly difficult and presents several challenges for train operators,” said James Brown, data and performance engineer, Angel Trains. “Stratasys Rail Qualified Materials and production-grade Fortus machines enable us to design and manufacture replacement parts quickly and reliably that meet all required railway standards. As such, we’re able to…
Found in Robotics News & Content, with a score of 5.67
April 27, 2023
…“We are working with some third parties regarding financing, leasing, and RaaS,” noted Varley. “Also, some OEMs we work with offer robotic solutions on a 'pay-per-use' basis. This is calculated either by runtime or products produced. Even though Mitsubishi Electric Automation does not yet offer these services, we work closely with companies that do.” According to McKinsey & Co., “automation providers that can move toward robotics as a service and act as a single point of contact for maintenance (for both hardware and software) will create a distinctive competitive advantage.” McKinsey & Co.'s research found that 55% of surveyed industrial…
Found in Robotics News & Content, with a score of 5.67
April 04, 2023
…expenditure (capex) Obtaining them as an operating expense (opex) Leasing the technology from a third party (capex or opex depending on the lease) When the cost of automation often exceeds the signing authority of a warehouse manager, funding will come from a capex budget controlled by upper management. Thus, the proposal may be one of many competing for limited funds allocated across the company. However, according to respondents, the capex approval process does not appear to be a significant hindrance to adoption, with 89% saying their companies' capex approval process is supportive of automation. Leasing is another common method to…
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…
Found in Robotics News & Content, with a score of 5.38
August 29, 2023
…Flexible procurement models: German Bionic offers favorable purchase and leasing options for the deployment of exoskeletons in nursing and care facilities. Because German Bionic worked closely with hospitals during the devlopment of Apogee+, it followed all applicable U.S. Occupational Safety and Health Administration (OSHA) standards from the beginning, Schmidt told Robotics 24/7. “We can proudly say that the Apogee+ is the only device in the market in this category,” he said. “Our exosuit can be used by people of virtually any size,” added Schmidt. “A single device can be shared among workers—we recommend each has their own set of chest…
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…
