Found in Robotics News & Content, with a score of 1.19
December 09, 2022
…it's a massive missed opportunity. Robotics as a service [RaaS] is a more iterative approach and more of an opex [operational expenditure] play. Software is the true enabler here. With machine learning opportunities, every time an advanced robot interacts with its environment, it should be getting smarter. You need a feedback loop to get the most out of automation. RaaS and customer expectations Speaking of RaaS, what do you mean—leasing, renting, etc.? Dryer: RaaS can be configured in different ways. First and foremost, it could just be the software or vision portion of a solution. This is more of a…
Found in Robotics News & Content, with a score of 1.18
May 25, 2021
…infrastructure to develop, deploy, and maintain fully interoperable robotics-as-a-service (RaaS) offerings, it said. 34AI uses RTI Connext DDS for its RaaS management offerings. Source: Real-Time Innovations Real-time view to ease development The data-centric nature of Connext gives MAESTRO users a real-time overview of the entire industrial floor, with continuous tracking and tracing of AMRs, including object identification and recording of movement and inventory. Indoor operations can also improve efficiency and productivity because the robots are now able to consistently avoid obstacles and humans through recognition and real-time path adjustments and alerts, said RTI. With this optimized functionality, equipment and mobile…
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 1.18
February 21, 2022
…technologies we're looking to integrate into the T-series robots.” RaaS could lead to robot neutrality The conversion from free trials to purchases and monthly fee-based services has begun and will gain momentum over the next 12 to 24 months, said Guardforce AI. “Not a lot of companies are doing robotics as a service [RaaS] in Asia, but there's a comfort level because clients already outsource security to us. We provide the guards and take care of their benefits and training,” Yap said. “We're not selling a product, and customers just care about the performance-based outcomes.” “If a robot can disinfect…
Found in Robotics News & Content, with a score of 1.15
February 14, 2023
…director for North America at Exotec. Credit: Eugene Demaitre RaaS helps manage risk, ROI The robotics-as-a-service (RaaS) model can also help businesses adopt or scale robotic fleets, but they need to understand the difference between pay-per-pick, leasing, and other financing arrangements, said multiple Manifest speakers. “RaaS is a great option for customers to manage risk,” said Patrick Kelleher, global chief development officer at DHL Supply Chain. RaaS and AMRs can deliver immediate value, observed Ryder's Allen. “We've got 15,000 drivers and have evaluated 250 technologies,” he said. “It's about lines or shifts per day,” Allen added. “Locus robots are good…
Found in Robotics News & Content, with a score of 1.15
February 24, 2023
…standalone service. Given customer interest in purchasing our systems and solutions, we do not expect Robot as a Service (RaaS) to be a focus of our business model going forward. If needed in the future, we will support our customers in identifying capital providers to finance their purchases of robotic systems. “We closed the year with $114.5 million in cash and cash equivalents, which will allow us to scale up production quickly. Additionally, our shift from a RaaS model to a direct sales model will lower our expected additional capital requirements to achieve cash flow break-even to less than $50…
Found in Robotics News & Content, with a score of 1.13
April 09, 2021
…SoftBank Robotics. It has offered them through a robotics-as-a-service (RaaS) model. In addition, the company makes networking equipment, cloud-based vending machines, smart joint actuators, and temperature measurement systems that can be mounted on stationary or mobile devices to detect symptoms of illness. CloudMinds said it has served more than 80 hospitals and clinics during the COVID-19 pandemic. Although many industry analysts acknolwedge that humanoid robots with general artificial intelligence are a ways off, the ability to connect to the cloud is widely viewed as a way to add capabilities to devices with limited on-board computing capacity. CloudMinds caught in U.S.-China…
Found in Robotics News & Content, with a score of 1.10
March 07, 2023
…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. This new funding will help us scale up and meet the need for these solutions.” Proven solutions Plus One Robotics’ solutions employ AI-powered software with end-of-arm robot grippers that provide the perception and manipulation necessary to pick and place parcels. Key to Plus One Robotics’ effectiveness is its approach to human-in-the-loop software, it explained. Employees, remote or on-premises, can supervise multiple robots from any location, speeding the robot’s ability to handle exceptions, and enabling 24/7 operations. Users benefit from…
Found in Robotics News & Content, with a score of 1.10
October 11, 2017
…facing the industry. By offering robotics as a service (RaaS), they enable customers big and small to begin or gradually advance their use of automation. RaaS allows those companies struggling to attract or retain talent to address non-value-added materials handling tasks without large up-front capital expense or long-term commitments. At the other end of the spectrum, global integrator Witron (ranked 14th on Modern’s 2017 list of top systems suppliers) has also adapted to help its large, highly automated customers keep pace with the rate of change and the sparse labor pool. First, the company embraced a kind of apprenticeship program…
Found in Robotics News & Content, with a score of 1.07
December 08, 2021
…RPS pick cell. Source: Berkshire Grey Change management and RaaS One of the biggest challenges for fulfillment center operators is change management, Boyalakuntla acknowledged. “A warehouse is like a plane in flight,” he said. “With e-commerce all year, it can't stop operations to put in a system.” Berkshire Grey claimed that the modular design of its RPS allows enterprises to scale the number of orders fulfilled simultaneously into the thousands and the number of items robotically picked per week into the millions. “Many customers have five to 10 systems in parallel,” said Boyalakuntla. “The way we implement is modular and…
Found in Robotics News & Content, with a score of 1.07
October 27, 2022
…partnership that will make QuickBot available through a robotics-as-a-service (RaaS) model. QuickBot is $20 an hour, Robex provides the MiR AMR at $13.75, so Formic offers RaaS at $33.75 per hour for the total system, they said. “There's ROI from Day 1,” said Cloer. This includes training, he added. As a result, a business can bypass the typical capital expense and have QuickBot unloading pallets in its warehouse. It would only pay while the system is running, said the partners. The Association for Advancing Automation (A3) hosted AMR and Logistics Week, which was co-located with The Vision Show. Editor's note:…
Found in Robotics News & Content, with a score of 1.06
September 26, 2022
…a “lights-out” factory. Kamlager adds: “Automation and Robots-as-a-Service, or RaaS, help organizations scale quickly and rapidly gain the benefits of AI-powered robotics to meet throughput and operational goals for organizations of all sizes.” Companies like RIOS are dedicated to global customers and how to best automate factory assembly lines and logistics operations. They build, deploy, and maintain AI-powered robotic workcells. RIOS also significantly internalizes engineering needs, which allows further assistance with various systems integrations and provide end-to-end solutions for clients. The future of manufacturing is automation. There’s no way around it. If businesses don’t adapt, they will cease to exist.…
