Found in Robotics News & Content, with a score of 0.84
May 09, 2023
…easier for companies of all sizes through a robotics-as-a-service (RaaS) model. Bird echoed Kretchmer's sentiment, noting that demand is high, but some customers lack the skills necessary to invest in these technologies on their own. Bird said that's why there is a lot of value in companies such as Rapid Robotics, Formic, and Adaptec Solutions. Bryan Bird, Universal Robots “Customers really struggle [choosing] the right technology providers and selections and figuring out how to plan the implementation,” he said. “They need partners to guide them through this because of the severe shortage of those skills resources to help them through…
Found in Robotics News & Content, with a score of 1.63
May 09, 2023
…a network of systems integrators, as well as 3PLs. The company also offers private consultations with its field staff. RaaS offers to relieve pain points The OSARO Robotic Kitting System is available through a robotics-as-a-service (RaaS) business model. The company said RaaS can move the financial burden from an upfront capital investment to more manageable annual operating budgets and reduce risk for customers. “If a customer has to buy a kitting line or a robot, there's a huge barrier to entry,” Coffin said. “The RaaS model enables customers that wouldn't have looked at robotics otherwise to understand that it could…
Found in Robotics News & Content, with a score of 0.93
April 28, 2023
…on that speed.” Both large enterprises and SMEs value RaaS offerings Rapid Robotics offers robotic systems through a robotics as a service model (RaaS). It's an enticing business model for SMEs because it allows them to try out a robot in their facilities without having to spend large amount of money on a capital expense. RaaS is also a risk management tool. If a specific system doesn't work out, a customer can simply end its subscription and try something new. In an interview with Robotics 24/7, Mandy Dwight, vice president of business alliances at Rapid Robotics, outlined how the company…
Found in Robotics News & Content, with a score of 2.05
April 27, 2023
…impacts a small/medium business more than a larger one.“ RaaS facilitates adoption Robotics as a service (RaaS) is a model similar to software as-a-service, whereby an organization subscribes to a service by paying a monthly fee but does not have manage and maintain the assets as it would if it owned them. With RaaS, robots become an operational expense that is instead paid to someone else, while becoming easier to adopt and scale. This is a useful option for small and midsize businesses, especially as the labor market is strained in many industries. According to Forrester Research's “Predictions 2023: Automation…
Found in Robotics News & Content, with a score of 0.95
April 20, 2023
…sold to commercial and government-facing customers through a robotics-as-a-service (RaaS) model. Nauticus added its approach to ocean robotics has resulted in the development of a range of technology products for retrofitting/upgrading legacy systems and other third-party vehicle platforms. The Webster, Texas-based company said it provides customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets while reducing their operational footprint, operating cost, and greenhouse gas emissions to improve offshore health, safety, and environmental exposure. Contract helps the company better support U.S. Marines Within this multi-million dollar contract award, previously announced in October 2022, DIU,…
Found in Robotics News & Content, with a score of 0.78
April 13, 2023
…services to commercial and government-facing customers through a robotics-as-a-service (RaaS) business model and direct product sales for both hardware platforms and software licenses. The company said it provides customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets. It added that its technologies can help them reduce their operational footprint, operating cost, and greenhouse gas emissions to improve offshore health, safety, and environmental exposure. Besides its standalone service offering and products, Nauticus has also developed products for retrofitting or upgrading legacy systems and other third-party vehicles. “Our autonomous ocean robots and proprietary AI software…
Found in Robotics News & Content, with a score of 0.50
April 12, 2023
…depends on the customer's business model,” he added. “Some are excited to seee SaaS or robotics as a service [RaaS], or we can charge a one-off royalty license per unit or annual licenses by units deployed rather than users.” “We're looking for more companies with the ambition to use vision in their core stacks,” Nicholson said. “We have a demonstration space at our headquarters in London.”
Found in Robotics News & Content, with a score of 0.72
April 04, 2023
…not accounted for, they could bust ROI forecast models. RaaS to the rescue With robotics-as-a-service (RaaS) models like those offered by Vecna, material handling systems are available as an annual operating expense, enabling companies to update or increase their robot fleets as their needs evolve. RaaS models also tend to include all associated services and support, and are contractually bound to key performance inidicators (KPIs) and uptime service-level agreements (SLAs). Survey respondents said they expect this flexible and scalable pricing plan become more common, with 84% saying that it would accelerate adoption. When looking at facility size, the report found…
Found in Robotics News & Content, with a score of 0.63
March 22, 2023
…distribution warehouses. LocusONE is available through the company's robots-as-a-service (RaaS) business model and can be easily added to the Locus Origin, Vector, and Max AMRs, the company said. It also can be integrated into a diverse range of warehouse management systems (WMS). The company has been showcasing the new technology at its booth at ProMat this week in Chicago. Its booth is located at S2303. The company added the theme of its booth is “Vision, Intelligence, Results,” which it said was chosen to highlight Locus Robotics’ commitment to delivering actionable intelligence in an innovative solution to drive results for customers.…
Found in Robotics News & Content, with a score of 0.78
March 22, 2023
…and low operating cost robotic technology that can be inserted into existing operations doing order fulfillment in a scalable RaaS model. PickPal integrates with other technologies to improve efficiency in existing automated systems as well, Tompkins said.
Found in Robotics News & Content, with a score of 3.17
March 16, 2023
…now we are bringing it to the next level.” RaaS cuts costs, time to deployment, says Körber Körber Supply Chain said it provides systems for warehouse management and control, voice, order management, simulation, and robotics, as well as the expertise to tie them all together. The unit of Hamburg, Germany-based Körber claimed that its end-to-end offerings can help customers manage increasing supply chain complexity. The company said its robotics-as-a-service (RaaS) program will provide simple access to a global network of partners for every business size and industry, reflecting its emphasis on collaboration and serving its customer's needs. The new offering…
Found in Robotics News & Content, with a score of 3.07
March 16, 2023
…models as capital becomes scarce and how the robotics-as-a-service (RaaS) model can enable robot adoption. Do your due diligence Even before Silicon Valley Bank's problems, robotics suppliers and users were complaining about a lack of capital. What does that mean for the industry? Casse: VCs [venture capitalists] are becoming risk-averse. 2023 may have a recession, and investors want to figure out which companies are category leaders. Bernard Casse, RIOS That's a shift from the mindset of previous years—it's no longer growth at all costs, pouring in money, and startups hoping they'll make it. We've seen inflated valuations and not the…
