Found in Robotics News & Content, with a score of 8.89
January 08, 2020
…acquires 6 River Systems Dematic announces strategic partnership with OPEX Locus Robotics announces technology collaboration partnership with RightHand Robotics After acquiring MHS in 2017, THL acquires AutoStore GreyOrange partners with eight supply chain industry leaders in the United States Tompkins Robotics partners with Bastian Solutions Research and economy Robotic unit orders show growth over last year CBRE report: Online returns expected to total $37 billion for 2018 holiday season Deloitte industrial manufacturing outlook tracks digitalization’s steady march North American robotics orders to non-automotive companies surge to new records BDO Survey: Majority of middle market manufacturers recognize Industry 4.0 opportunity, but…
Found in Robotics News & Content, with a score of 8.56
April 12, 2021
…big robots,” he added. “This allows us to unlock opex, or operational expenses, and it allowed us to build out our fleet for applications into 2021. We didn't have to change much—we already offered a recurring model with our Network Operations Center [NOC]. It's now a monthly package.” In addition, RaaS can help customers scale for seasonal demand, said Huerta. “When sizing a fleet with a customer, we take a consultative approach to learning about its baseline fleet and peak times,” he said. “Some customers are thinking about using RaaS for two to three months to meet seasonal demands.” “We'll…
Found in Robotics News & Content, with a score of 7.40
November 25, 2021
…warehouse applications developed by systems integrators such as AutoStore, OPEX, Bastian, Swisslog, TGW, and Kuecker Pulse Integration (KPI). “We haven’t done any marketing and surprisingly we don’t have any dedicated sales reps, yet we’ve deployed a large number of robots,” said Kalouche. “I think this is a testament to the high demand for what we’re building and to our product and how well it works. We let the robots speak for, and sell, themselves. To date, we have 100% customer retention and 100% repeat customers.” “With logistics and fulfillment experience at Amazon, iHerb and other retail companies, I've worked with…
Found in Robotics News & Content, with a score of 7.10
December 09, 2022
…is a more iterative approach and more of an opex [operational expenditure] play. Software is the true enabler here. With machine learning opportunities, every time an advanced robot interacts with its environment, it should be getting smarter. You need a feedback loop to get the most out of automation. RaaS 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…
Found in Robotics News & Content, with a score of 6.83
March 16, 2023
…equipment, so we make money on both capex and opex [operating expenses]. There are all sorts of permutations. Some companies want to own their equipment after a certain number of years. The savvy ones compute everything and look at their numbers to avoid overpaying for services after three years. With robotics as a service, how much customization happens? Casse: We're moving away from customization. We want to make our flagship workcell product available with RaaS. Vulcan is an integrated module for packaging and sorting. For example, for handling, sorting, quality control, packaging, and palletizing, we can build 80% to 90%…
Found in Robotics News & Content, with a score of 6.73
November 28, 2022
…service fee. Or, you could have more capex or opex [operating expenses], which gives us and customers some flexibility. Since Ottobot 2.0 launched in August, we've had 10 to 12 new customers, so there are more learnings to go on which is better for each. People love RaaS, but customers are also realizing they want the “stickiness” of a service model but want to get rid of some capex right away. Simultaneous deployments prepare for future growth In August, Ottonomy closed a $3.3 million seed round. How is your global expansion going? Vijay: There's always the battle for startups between…
Found in Robotics News & Content, with a score of 6.67
July 26, 2021
…transferring service requirements to third-party providers as operational expenses (opex). “I think that there are a select few, probably including Walmart that will go down the capex path. They have all of their own software and capabilities in-house,” said an Attabotics staffer. “But, there's a lot that goes into e-grocery. Even the large companies need a turnkey solution if they want to get to market quickly with a profitable e-grocery business with the right SKU assortment, delivery time, the right mix of fresh and local produce. It's just impractical to do it all by yourself from scratch.” “There are a…
Found in Robotics News & Content, with a score of 6.52
April 05, 2021
…services to customers and only charge them operating costs (OpEx). This year, with the toll of COVID-19 on global business, more companies than ever before are gravitating towards a pay-per-use model with no hefty upfront financial commitments. As companies’ revenues decline, this is going to become a permanent trend. We’ve seen startups switch from a software licensing business to a full-service business and adopting RaaS to be more responsive to customers’ needs. We expect more startups to follow the same path. A Cambrian explosion in robotics is coming Widespread automation is inevitable — it is only a matter of time.…
Found in Robotics News & Content, with a score of 6.31
April 09, 2018
…The company is already using a goods-to-person engine from OPEX to deliver goods to work stations where people do the picking. The next step, says Leif Jentoft, co-founder of RightHand Robotics, is to use piece picking robots to pick items from donor totes and place them in order totes. “We have customers deploying our system now, and the word is spreading through the industry,” Jentoft says. “People look at the trends, like the growth in e-commerce, and see where labor is going. If they don’t invest now, they’re going to be between a rock and a hard place.” Today’s robots,…
Found in Robotics News & Content, with a score of 6.13
September 10, 2021
…financial risks, customers only pay a flat monthly fee (OpEx) that is competitive with existing labor rates. It’s time for organizations to experiment and innovate RIOS provides a one-stop shop solution — the company builds Industry 4.0 hardware, software and customized workcells for clients to maintain a seamless workflow in the factory. In addition, RIOS pushes the boundary of automation to provide “lights out” factories in partnership with its network of systems integrators. For companies, there is a host of benefits in adopting robots 2.0, from being able to increase or decrease in real-time the capacity of their production lines,…
Found in Robotics News & Content, with a score of 5.93
August 30, 2021
…doing for the next few years. Companies prefer predictable OPEX [operating expenses] to the risk of unforeseen expenses. They don't have enough money or time to install new systems.” “Also, the automation industry is misaligned,” he said. “Integrators are incentivized to sell equipment that's marked up, and they quote only system partners. Most financing locks in high lending rates, and OEMs want to sell as much equipment as they can.” “Manufacturers just want outcomes,” noted Kerr. “We've found they don't care what technology gets the job done. They don't have brand loyalty.” “We came to the conclusion that what manufacturers…
Found in Robotics News & Content, with a score of 5.18
July 25, 2023
…Sort robotic piece-picking system, as well as VARGO and OPEX's Sure Sort, which uses autonomous mobile robots (AMRs) and conveyors, were originally designed for mail sortation. These automated options have since made their way into general warehouse and DC put walls, with a focus on moving items from one area to a specific destination. “It’s about automating the placement of an item from the induction point to the actual order,” Eldred noted. “This is being done at a very high rate of speed by extremely sophisticated robotics.” Robot arms for sortation Adam Fry, head of product at Covariant, said he…
