Found in Robotics News & Content, with a score of 0.27
June 20, 2024
…data.” In terms of looking forward, with Locus’ robotics-as-a-service (RaaS) business model, the chicken or the egg conundrum spearheaded development between the hardware and software sides of the company. However, it never became a what’s going to come first conversation. “It really is hand-in-hand,” Zate said. “As far as the company’s concerned, the data was something that helped drive not only operations, but design too.” Locus’ team has a wide background in warehouse and supply chain spaces. The resulting design of hardware and software for the company’s products now plays a key role in these operations, along with managing the…
Found in Robotics News & Content, with a score of 0.26
April 08, 2022
…to a single provider for AI-powered robotics with robots-as-a-service [RaaS]. It seems like AGV [automated guided vehicle] providers have figured out a way to scale successfully in this market. From every dimension, they have figured it out. Aaron Prather, FedEx Express Prather: Besides Boston Dynamics finally showing off Stretch, I think that Locus, Vecna, and Plus One were big winners. All three of them showed solutions that are ready—or soon will be—to go. Locus showed the diversity of its fleet after its acquisition of Waypoint. Vecna showed its expansion into pallet handling. Plus One showed depalletizing and integration into other…
Found in Robotics News & Content, with a score of 0.26
May 13, 2022
…focusing on simpler use cases and adopting a robots-as-a-service [RaaS] business model with zero upfront costs. Last year, we saw a lot of activity around special-purpose acquisition corporations (SPACs) in robotics and autonomous vehicles (AVs). Do you think that trend is likely to continue? Sharma: Yes. The trend of investments in robotics and AVs is likely to continue, as the development of technology accelerates and they find applications in new areas. For instance, AV application areas are increasing, especially in self-driving cars and robotaxis, military supply chain and logistics, and last-mile delivery. Similarly, the use of robots is increasing across…
Found in Robotics News & Content, with a score of 0.25
September 23, 2021
…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 0.24
May 05, 2022
…here? Hedges: I’d say that robotics as a service [RaaS] has played a big part in this surge in investment in two ways. First, it has enabled the AMR and robotic adoption market to explode, and it’s also opening the market to a customer base who traditionally have not been able to justify the capital expense. With RaaS, the fee can be incorporated into a company’s monthly operating expense. Additionally, many vendors are offering customers the ability to ‘rent’ additional units during their peak periods. This is a service that I think we’ll see grow as many providers are now…
Found in Robotics News & Content, with a score of 0.24
April 10, 2024
…software suite for robotic applications. Through its Yonder robotics-as-a-service (RaaS) offering, Plus One’s crew chiefs serve as remote supervisors who can step in 24/7 when automated systems need human assistance. Erik Nieves, CEO of Plus One Robotics, recently discussed the nuances of remote monitoring for autonomous robot arms with Robotics 24/7. Nieves explained what degree of freedom Plus One gives to its AI control systems, as well as the types of situations that warrant human-in-the-loop intervention. A human in the loop to help confused robots Plus One Robotics recently celebrated one billion picks performed by its machine vision systems. Yet…
Found in Robotics News & Content, with a score of 0.24
October 28, 2021
…as a “drone in a box” under a robotics-as-a-service (RaaS) business model. Scout was the first drone to receive U.S. Federal Aviation Administration (FAA) approval for automated beyond visual line-of-sight (BVLOS) flights without a human operator on site. The Ondas subsidiaries will move their business functions to an 18,000-sq.-ft. facility that will include 6,000 sq. ft. of flex lab space. The Waverly Oaks Park in Waltham is also home to Vecna Robotics and Veo Robotics. Reese Mozer, co-founder and CEO of American Robotics, discussed how both the drone space and his company have matured with Robotics 24/7. Identifying the need…
Found in Robotics News & Content, with a score of 0.23
December 28, 2022
…high-levels of reliable autonomous operation, business models like robotics-as-a-service [RaaS] are now available to you, which can produce attractive recurring revenue scenarios. The last 20 years have been defined by software. I anticipate the next 20 years will be defined by robotics and AI, as investors and entrepreneurs seek the next wave of profitable business opportunities. Similarly, customers will be placing more focus on utilizing drones in proven ROI use cases. The days of experimenting with drones simply because it’s cool technology is fading. At the same time, when those high-value use cases are identified and proven, investment in autonomous…
Found in Robotics News & Content, with a score of 0.23
July 10, 2023
…think it's important to highlight the opportunity that Rapid Robotics is representing. They're a great innovator with their robots-as-a-service [RaaS] model. The partnership is a great example to highlight Markforged's fit in the robotics and automation space. The types of parts that companies in that industry are looking for are often complex and high value. With additive manufacturing, you have the ability to make parts that meet the performance requirements. But also from a cost and lead time point of view, 3D printing and Markforged are perfect for that lower-volume, higher-value ecosystem.
Found in Robotics News & Content, with a score of 0.23
April 23, 2021
…for everybody from software, electrical, and mechanical engineers to supply chain people and IT systems to support our robotics-as-a-service [RaaS] offerings.
Found in Robotics News & Content, with a score of 0.19
September 20, 2021
…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 0.19
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…
