Found in Robotics News & Content, with a score of 0.32
February 12, 2022
…value.” My Goat offers its systems through a robotics-as-a-service (RaaS) model. “Customers don't need to buy the hardware upfront, and our intuitive software drives efficiency,” said Erickson. “Another metric is the financial impact rate—how quickly it takes to pay back the installation, plus the monthly subscription cost.” Goats learn mapped areas My Goat's robots map and operate within a geofenced perimeter. “In the first week, the Goats behave like toddlers,” said Erickson. “Then they learn and move on.” “The average pen is 1.1 acres. Usually, we have one machine covering two pens of 2 to 2.5 acres,” he explained. “If…
Found in Robotics News & Content, with a score of 0.32
September 27, 2021
…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 0.31
November 02, 2021
…Robotics offers its commercial food-service systems through a robotics-as-a-service (RaaS) model. The company said its AI powers products including Flippy Wings, CookRight Grill, the Automated Beverage Dispenser, and Flippy 2. Miso said they can drive consistency, increase productivity, reduce costs, and improve the overall dining experience. “In addition to Flippy 2's new features and design, we are in constant conversations with industry leaders, restaurant operators, and partners, and we're making sure their input and feedback is reflected in our products,” said Bell. The QSR market in the U.S. is worth $296.5 billion, according to IBISWorld Inc. Miso's partners include Levy…
Found in Robotics News & Content, with a score of 0.31
October 28, 2022
…“Digital Surgery-as-a-Service” (DSaaS), similar to the software-as-a-service or robotics-as-a-service (RaaS) model, largely in response to unmet hospital needs. “Because the pandemic wreaked havoc on hospital profits with elective surgeries being postponed, we had to pivot our business model from hospitals paying upfront for capital equipment to 'as a service,'” stated Bruce Lichorowic, president and CEO of Galen Robotics. “We will be the first robotic company to launch using an on-demand business model.” Galen Robotics said its DSaaS approach will “level the surgical playing field by erasing large capital expenditures associated with today’s surgical robots.” The company claimed that it is…
Found in Robotics News & Content, with a score of 0.31
May 22, 2023
…told Robotics 24/7. “In finishing, do-it-yourselvers are few and far between.” Kane has offered its systems through a robotics-as-a-service (RaaS) model, but most of its finishing customers prefer capital expenditures, Spruce said. By performing tedious tasks that could cause repetitive motion injuries and respiratory illness in humans, the cobots can reduce health care costs for employers, noted Kane. They can also free up workers from the dull, dirty, and debilitating work that humans typically don’t want to do, helping small and midsize manufacturers retain their employees and reducing the need to hire for hard-to-fill jobs. Editor's note: For more about…
Found in Robotics News & Content, with a score of 0.30
December 29, 2021
…compact and capable food-preparation system available through a robotics-as-a-service (RaaS) model. It also raised more than $30 million from 11,300 new and returning investors and is raising Series D funding. Mike Bell, CEO of Miso Robotics, replied to the following questions from Robotics 24/7 about the company's accomplishments and plans: Miso invests in engineers How does Miso's successful crowdfunding complement your Series D round? Bell: I'm happy to report that Miso is out of the R&D phase and is now in production. Flippy took a long time to perfect, but we're there. We now officially have robots being installed in…
Found in Robotics News & Content, with a score of 0.30
May 30, 2023
…and fewer errors.” “With the ongoing labor shortages, I believe we’ll see an increase in the adoption of robots-as-a-service [RaaS] to lower capital expenditures and deploy automation on a subscription basis,” he said. Get ready for Automate 2024, as the convention moves for the first time to an annual gathering! About the author Oliver Mitchell is a partner at ff Venture Capital. His areas of focus are drones, robotics, and applied AI. Mitchell is also an adjunct professor at Yeshiva University. This column is reposted with permission. Editor's note: For more coverage of Automate 2023, visit Robotics 24/7's special coverage…
Found in Robotics News & Content, with a score of 0.29
June 14, 2022
…expediting the time it takes to answer questions and optimize their product through data flexibility. We believe that robots-as-a-service (RaaS) company tech stacks shouldn’t be monolithic, and our goal as a data platform is to avoid being overly prescriptive in the tools we offer to get the job done. By introducing data flexibility in place of embedded analytics, we created an incredible value for our end customers and their users. This came about by listening to our users, and we couldn’t be more excited to continue our education as we evolve alongside the needs of the robotics industry.
Found in Robotics News & Content, with a score of 0.29
October 27, 2022
…technology. But we're seeing only the tip of the iceberg. More technology, including AI and robotics as a service (RaaS), is yet to come to provide agility and resilience to supply chain and logistics operations.
Found in Robotics News & Content, with a score of 0.29
November 02, 2022
…Like many robotics companies, Locus Robotics uses a robotics-as-a-service (RaaS) business model. That means companies can request more robots being brought in during a certain time of a year and return them once they are done. These autonomous systems are often called “surge robots” or “peak robots,” Zate said. Despite slowing economy, online shopping drives automation While e-commerce has slowed a bit, it will continue to greatly influence how supply chain operates, said Zate. That theory is helped by the fact that during the pandemic, more industries began offering their products online, he added. “I don’t think we are going…
Found in Robotics News & Content, with a score of 0.27
January 25, 2023
…used automation. Berkshire Grey offers robotics as a service [RaaS], which takes the capital burden off of companies and makes it easier for some operators to adopt robots. While e-commerce continued to grow in the second half of 2022, isn't there also a shift toward omnichannel? Geyer: Most of the focus has been on e-commerce because most of the growth in demand has been in that channel. Compared with retail applications, where the cost of handling a whole pallet of paper towels or a case of goods is still less than each picking, in e-commerce, every single item has to…
Found in Robotics News & Content, with a score of 0.27
March 21, 2022
…rugged, real-world environments. It offers them through a robotics-as-a-service (RaaS) model. Ardenna provides data for maintenance decisions Ardenna is a spinoff of Bihrle Applied Research Inc., which was founded in 1973 as an aeronautical research and development firm. In 2014, Bihrle partnered with BNSF Railway and the U.S. Federal Aviation Administration's (FAA) Pathfinder Program to study drone inspections of railway infrastructure with computer vision. After identifying a need for automated processing of the aerial imagery collected by uncrewed aerial systems (UAS), Bihrle formed the Ardenna business unit in 2017. It spun off Hampton, Va.-based Ardenna as a wholly owned subsidiary…
