Found in Robotics News & Content, with a score of 0.23
…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 9.09
…for companies offering their systems through a robotics-as-a-service, or RaaS, model. That was one of the key takeaways from Formant's “2023 State of RaaS Report” it released today. For the report, the robot operations company surveyed more than 300 robotics professionals around the globe to gauge how widely adopted the RaaS model has become. “A majority of the survey respondents work at RaaS companies, but we also received responses from professionals that work at non-RaaS robotics companies, as well as integrators,” a spokesperson for the company told Robotics 24/7. Robot makers have touted RaaS as a cost-saving and risk-management tool.…
Found in Robotics News & Content, with a score of 0.65
…robot provider Locus Robotics. He observed that the robotics-as-a-service (RaaS) model is not just for shifting capital expenditures to operational expenses, but it’s also helpful for maintaining customer engagement. RaaS is good for getting recurring revenue, but the return on investment (ROI) still needs to be less than 12 months, said Torres. The panelists also agreed that robotics startups should focus on their core competencies when determining what to outsource to contract manufacturers. The inaugural Robotics Invest event was held in the Artists for Humanity space in Boston. Source: Cybernetix Ventures Once robotics startups have identified the problems they’re aiming…
Found in Robotics News & Content, with a score of 0.40
…to manage them, whether through software or robotics-as-a-service, or RaaS, models. Organizations are searching for best practices and tools to operate, manage, and maintain their robot fleets. These considerations apply to almost any system promising greater efficiency, from automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) to semi-autonomous and self-driving lift trucks. The industrial robotics market was worth abut $41.7 billion just two years ago, according to Zion Market Research. It could grow to about $81.4 billion—about $250 per person in the U.S.—by 2028 and grow almost 12% year over the next few years, predicted the research firm. Similarly,…
Found in Robotics News & Content, with a score of 1.70
…and are sold on a monthly subscription basis or RaaS (robots as a service). What hotels are using the robots? Relay robots are featured at leading hotels and resorts worldwide, including Hilton, Hyatt, IHG, LUMA, Mandarin Oriental, Marriott, Radisson, Sonesta, and Wyndham and are sold on a monthly subscription basis or RaaS (robots as a service). “Hôtel Monville has had our Relay robot for several years and we are excited about the newly designed and enhanced Relay2,” said Jean-Cédric Callies, director of sales and marketing, Hôtel Monville, Montreal, Canada. “The multifunctional accessories allow delivery of wine bottles and new items…
Found in Robotics News & Content, with a score of 0.45
…enabling scarce staffers to do more through a robotics-as-a-service (RaaS) model. The deep tech startup's delivery robots have been operating in airports, starting with Cincinnati International Airport (CVG) and in Europe at Rome Fiumicino International Airport (FCO). Ottonomy on 'Runway to the Future' Ottonomy said it took part in the Innovation Hub's “Runway to the Future” acceleration program in September 2022, offering added convenience to travelers via autonomous delivery. Air passengers could purchase retail items and get them delivered right up to the gate in a “digital and completely frictionless experience,” the company said. During the proof of concept (PoC),…
Found in Robotics News & Content, with a score of 0.48
…risk: Upfront assessments and multiple pricing options, including robot-as-a-service (RaaS), lower the risk of every project. Provides end-to-end Hypercare support: OSARO’s team of engineers and Hypercare customer support managers provides pre-deployment planning, clear documentation, and continuous technical solutions for project implementation. Customers praise SightWorks LG CNS, a company specializing in digital transformation (DX), demonstrated OSARO’s advanced robot software on AMR/ASRS products at the Smart Factory + Automation World trade show held in Seoul last March. OSARO's vision software interfaced with LG CNS’ smart logistics robot platform to pick up retail items such as tea boxes and snack packages and deliver…
Found in Robotics News & Content, with a score of 0.30
…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 White Papers & Archives, with a score of 4.93
…advancements in both hardware and software. And with robotics-as-a-service (RaaS) payment models, customers may not need to make major capital investments upfront. That’s not all. Robotics software is also evolving to provide greater visibility into operations, make robots more dextrous and agile, and gather and process data to train machine learning systems. Download this Special Focus Issue to discover the challenges and opportunities for businesses considering robotics, including the following: Reshoring and robotics trends among small and midsize enterprises How ease-of-use features could democratize automation for smaller manufacturers Top robots and automation from ProMat 2023 Collaborative robots and the RaaS…
Found in Robotics News & Content, with a score of 0.31
…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 White Papers & Archives, with a score of 3.76
…challenges that come with automating processes and have come up with an innovative solution. Our Robots as a Service (RaaS) model simplifies the automation process and doesn't require specialized knowledge. Our modular robotic workcells integrate effortlessly with customers' workflows, making the automation experience similar to using an ATM. Our low-touch automation process and 24/7 white-glove service allows for maximum returns on investments with minimal effort.
Found in Robotics News & Content, with a score of 0.65
…automation at scale. The company added that its robotics-as-a-service (RaaS) approach provides clients with a white-labeled, customized robot at an accessible cost, allowing businesses to realize immediate top-line and bottom-line impact. Businesses in manufacturing, retail, healthcare, agriculture, and food services sectors, among others, can use BUBS for a variety of last-mile delivery applications, said Real Life Robotics. It claimed that BUBS offers immediate solutions to labor shortages, as well as cost savings and labor efficiencies optimization while driving additional new revenue streams. InDro brings expertise to partnership with Real Life Robotics “We’re thrilled to support the experienced and well-respected robotics…