Found in Robotics Companies & Businesses, with a score of 41.70
October 08, 2021
For over 20 years, First Financial has helped businesses discover better leasing options and implement the latest technologies. Our extensive background covers all sectors of leasing including healthcare solutions, material handling & automation, and information technology. We constantly identify new opportunities in the market and pivot when necessary, so we can further expand and improve our offerings. Working closely with our clients, through every stage of the leasing process, we create cost-effective, innovative financial products tailored to their objectives. This consultative approach has helped us build lasting relationships with businesses and has made us an industry leader in customer retention.
Found in Robotics News & Content, with a score of 35.63
July 16, 2018
…control and drive system integration, recently announced a new leasing and renting finance model for both its automated systems and collaborative robotics products. “One of the largest roadblocks many organizations face today is the ability to scale a changing workforce,” noted Stan Prutz, President & CEO, QDS Systems. “While some of those same leading companies are beginning to understand the value collaborative robots (cobots) can have on the future of their organizations, they often identify the initial investment of these cobots as quite cost prohibitive. Leasing and renting turn this entire notion on its head.” Cobots can generate process data…
Found in Robotics News & Content, with a score of 29.97
June 07, 2022
HowToRobot announced this week its new automation leasing program. U.S.-based businesses can now apply for 36- or 60-month lease on robot purchases. The flat monthly rate includes the cost of the robot, integration, training, and more. Various lease options allow businesses to own, purchase, renew, or exchange equipment at the end of the lease term, according to HowToRobot. Businesses can apply at the company's website. Cleveland-based River Capital Finance is providing the financing. HowToRobot claimed that it is the world's leading matchmaking platform for robotic automation, connecting businesses with over 16,000 robot and automation suppliers globally—over 1,100 in the U.S.—and…
Found in Robotics News & Content, with a score of 27.02
June 13, 2019
…mobile robots (AMRs), today launched its new mobile robot leasing program. Often refered to as ”robots as a service” (RaaS), leasing lets companies of any size—from small start-ups to multinational enterprises—deploy mobile robot solutions with low (or no) upfront costs and low monthly payments. This lowers financial barriers for investing in AMRs and gives customers a near immediate return on investment (ROI). “While sales of our mobile robots continue to thrive, many companies still prefer to lease their logistics equipment rather than make a capital investment upfront,” said Thomas Visti, CEO, MiR. “Leasing the robots becomes an operational expenditure instead,…
Found in Robotics News & Content, with a score of 23.20
September 02, 2020
…lift trucks are smart, robotic assets, is lift truck leasing going to morph into a robotics-as-a-service (RaaS) arrangement? The short answer, say lift truck providers, is not overnight. Robotics adds predictability, and associated Cloud for lift truck fleets is already typically subscription-based, but it will take time for RaaS models to mature. One reason, says John Rosenberger, director of global telematics for The Raymond Corp., is that some earlier variants of automated lift trucks required guidance infrastructure such as reflectors or tags embedded in the floor. Such installations go against the grain of the as-a-service concept, he adds. “With an…
Found in Robotics News & Content, with a score of 17.05
April 14, 2022
…said it makes hardware more accessible through fast, convenient leasing options. The firm said it offers numerous payment plans, term-end options, and equipment-return policies for cutting-edge technologies. River Capital Finance has been providing leasing for warehouse equipment for more than 30 years. It specializes in radio frequency identification (RFID), automatic identification and data capture (AIDC), warehouse automation, mobile computing, and point-of-sale (POS) equipment. Partners aim to ease initial investment in robots Orders for robots in the U.S. increased by 28% in 2021 to an all-time high of almost 40,000 units, reported the Association for Advancing Automation (A3). With the COVID-19…
Found in Robotics News & Content, with a score of 16.96
October 11, 2021
…robotics as a service to financing. First Financial Equipment Leasing is a privately held lender specializing in the acquisition and lifecycle management of healthcare, information technology, and automation and materials handling equipment and services. The Orange, Calif.-based company said it takes a “solutions-first approach” to understanding customer challenges and sourcing the necessary equipment. For more than 20 years, First Financial has helped businesses implement the latest technologies and discover their leasing options. Robotics 24/7 spoke with David Sanborne, senior vice president of sales at First Financial, about what companies adopting robots need to know. How did First Financial get into…
Found in Robotics News & Content, with a score of 15.90
March 11, 2022
…on the path to public listing.” Volocopter partners for leasing, Korean launch Seoul, South Korea-based WP Investment will also create a joint venture with Volocopter to bring aerial mobility options to cities in South Korea. “We are confident that Volocopter will be the first to bring UAM to cities globally, since seeing its aircraft fly in Seoul last year,” said Dr. Lei Wang, chairman of WP Investment. “We are excited to empower city sustainability through Volocopter.” Tiffany Park, co-chairman of WP Investment, added, “We are excited to kick off our joint venture and be the first to establish sustainable eVTOL…
Found in Robotics News & Content, with a score of 13.56
January 29, 2019
The Equipment Leasing and Finance Association (ELFA), which represents the $1 trillion equipment finance sector, has revealed its Top 10 Equipment Acquisition Trends for 2019. Given U.S. businesses, nonprofits and government agencies will spend more than $1.8 trillion in capital goods or fixed business investment (including software) this year—financing a majority of those assets, according to ELFA—these trends impact a significant portion of the U.S. economy. ELFA president and CEO Ralph Petta said, “Equipment acquisition plays a critical role in driving the supply chains across all U.S. manufacturing and service sectors. Equipment leasing and financing provide the source of funding…
Found in Robotics News & Content, with a score of 13.30
May 09, 2022
…Boston-based company will also receive $5 million in venture leasing. “We are thrilled to have investors that are pioneers in understanding how AI is changing our world, and their support will enable Southie Autonomy to scale rapidly,” stated Rahul Chipalkatty, co-founder and CEO of Southie Autonomy. “Our mission is to unlock the potential of robotic automation, removing the long-established barriers to adoption, cost, and complexity. Supply chain providers and manufacturers now have a turnkey solution to help overcome labor challenges.” Draper Laboratory alumni Chipalkatty and Jay M. Wong founded Southie Autonomy in 2017. The company is a resident startup at…
Found in Robotics News & Content, with a score of 12.34
October 14, 2023
…There are nuances to RaaS. Some vendors say flexible leasing can accomplish the same core benefit of removing upfront costs. Others point out that the ultimate evolution of RaaS will incorporate performance objectives that incentivize continuous improvement. Opex appeal The key to RaaS is that it provides access to solutions without capital outlay, said Joe Couto, executive vice president of robotics and third-party logistics (3PL) at integrator and software provider Körber Business Area Supply Chain. Couto said that Körber saw this appeal with the RaaS success of its partner Locus Robotics. Since not all its robotics partners offered RaaS, Körber…
Found in Robotics News & Content, with a score of 11.69
July 07, 2021
…way.” Reply works with Boston Dynamics' Spot Rental or leasing companies must inspect vehicles for any damage after they are returned in order to ensure the safety and quality of their fleet for their customers. This is usually done in the time- and cost-consuming manual process of walking around the car, visually inspecting it, assessing the severity of the damage, and conducting a damage report. The solution combines Microsoft Azure services, the agility of Boston Dynamics' Spot quadruped robot and Reply’s knowledge of intelligent cloud computing services, edge computing, and artificial intelligence. To demonstrate the capabilities of a scalable and…
