Found in Robotics News & Content, with a score of 0.36
August 04, 2021
…on-demand capacity and Locus supplies robots as a service (RaaS), how are your business models complementary? Henry: The complementary nature of our businesses made our decision to partner easy. Both organizations are incredibly agile and equipped for the demands of modern business. STORD offers companies the supply chain flexibility that they need to keep up with their customers. This includes quickly adding new locations, optimizing inventory routing, and adding new shipping carriers. For us to be able to do this, we need to partner with providers that can operate with a similar level of agility. Locus was a perfect fit…
Found in Robotics News & Content, with a score of 0.41
August 02, 2021
…clock, and add precision to certain tasks. The robotics-as-a-service (RaaS) model enables companies to pay for hardware, software, and services as an operational expense rather than an upfront purchase. Increase productivity: Robots may take up less space than human workers or human-driven vehicles, which is crucial when warehouses are running at capacity. In goods-to-person applications, well-managed workflows can combine human flexibility with robotic precision for greater throughput. Some warehouse managers have reported a significant boost in productivity. Safety: Warehouse workers often face repetitive stress, extreme temperatures, and even high-voltage environments. Forklifts are involved in numerous accidents. Robots and automation are…
Found in Robotics News & Content, with a score of 1.18
August 01, 2021
…those fragmented technologies into one unified robotics platform. Robots-as-a-Service (RaaS) is becoming a more prevalent business model The traditional business model in the robotics space is a purely CapEx play in which the customer needs to pay hundreds of thousands to millions of dollars upfront for robots. New incumbents are departing from this CapEx model and offering a robots-as-a-service (RaaS) business model. It is a pay-as-you-go (OpEx) plan, which allows customers to fund their automation needs with zero upfront capital commitment. A “$0 down with zero risk” value proposition is extremely attractive, not only for SMBs that are cash strapped…
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 0.96
July 26, 2021
…to focus our MFC activities there,” said SSI Schaefer. RaaS helps retailers Another trend helping retailers adopt automation is the robotics-as-a-service (RaaS) business model, said the report. RaaS offers to reduce capital expenditures (capex) on outright purchases of equipment by 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…
Found in Robotics News & Content, with a score of 0.19
July 23, 2021
…we need to provide more. Since we use a RaaS [robotics-as-a-service] business model, we're charging people for the software. Others sell the robots, and we sell the service. The data goes to their own apps, portals, and reports. With APIs [application programming interfaces], several big customers can do their own data mining. What do you think about the interoperability efforts currently under way? Thomason: There is such a thing as standardizing APIs too early. For example, there was an early push for RPC and CORBA that went awry. Does OLAP still matter? It doesn't; the Web crushed all that. Everybody…
Found in Robotics News & Content, with a score of 0.43
July 22, 2021
…you can hire robots as part of a Robotics-as-a-service (RaaS) offering, you can flexibly scale up and down as your demand dictates. Hire more when it’s busier, return them when business calms down. Adding them for a peak is easy, too – they just need to be connected to your network (assuming the system is already in place). This makes them highly cost-effective, especially as you don’t have high upfront costs related to fixed automation. Besides this, they’re easy to integrate without disturbing operations and get to know their surroundings quickly while adapting their movements accordingly. Lastly, you can support…
Found in Robotics News & Content, with a score of 0.78
July 19, 2021
…a few short years ago. Robotic technology is showing positive impact to help ease the labor burden, and the RaaS (Robots-as-a-Service) model makes robotic automation a viable option for corporations of all scale. Forward-looking organizations are heavily investing in robotic workcells to maximize output and streamline operations. As consumer demand for goods continues to skyrocket, American companies will continue to balance robotic automation integration and leverage human capital.
Found in Robotics News & Content, with a score of 0.57
July 09, 2021
…as a “drone-in-a-box” turnkey data service under a robotics-as-a-service (RaaS) business model. American Robotics noted that Scout is the first and only drone system approved by the U.S. Federal Aviation Administration (FAA) for automated beyond visual line-of-sight (BVLOS) operations with no humans on site. In the six months since it received FAA approval, the company has reported an 80% increase in business-development activity in key industrial sectors, including infrastructure. In addition, the MassRobotics member said it has supported its rapid growth by adding team members such as Kevin Willis, who was recently appointed as vice president of sales. In just…
Found in Robotics News & Content, with a score of 0.66
July 06, 2021
…inventory delivery, and shelf-scanning. Working with OEM partners like Tennant, Brain Corp offers BrainOS through software-as-a-service (SaaS) or robotics-as-a-service (RaaS) model. It currently powers nearly 16,000 autonomous mobile robots (AMRs) in schools, retail stores, malls, hospitals, and other high-traffic locations worldwide. Last year, the company said it generated 3.3 million hours of additional productivity for end customers.
Found in Robotics News & Content, with a score of 0.85
July 05, 2021
…continuous, unattended operation, said American Robotics. It is marketed as a “drone-in-a-box” turnkey data solution service under a robotics-as-a-service (RaaS) business model. The company last month announced that it is working with Scientific Applications & Research Associates to apply SARA's acoustics-based aircraft-detection technology for safe drone operations in U.S. airspace.
Found in Robotics News & Content, with a score of 1.26
June 29, 2021
…in online orders since the COVID-19 outbreak, Kindred’s robotics-as-a-Service (RaaS) model changes how robots are deployed. Hy-Tek’s retail and e-commerce customers pay for the SORT robots’ service, such as the number of items the robots pick, rather than making a major capital investment. Retailers can use the RaaS model to minimize large one-time capital investments and better manage costs. “Investing in robotic automation benefits both Hy-Tek and global retailers alike,” said Marin Tchakarov, CEO of Kindred. “By partnering with Hy-Tek to expand both parties’ order-fulfillment capabilities, we further our contribution to the workforce of the future with unmatched, field-proven technology.”
