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Glossary Term: RaaS


 
 
Robotics as a Service, commonly abbreviated as RaaS, is a business model in which a robotics vendor offers its hardware, software, and services for rent or lease rather than outright purchase. It is based on Software as a Service (SaaS) and is common in certain industries, such as construction and utilities. Robotics suppliers claim that RaaS lowers barriers to adoption by shifting risks and costs from capital expenditures, or CapEx, to operational expenditures, or OpEx. It can also provide recurring revenue for vendors. Service-level agreements may be managed by third parties such as integrators.
 
 

Latest RaaS posts

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Agility Robotics to deploy humanoids with Schaeffler Group
Schaeffler Group has made a minority investment in Agility Robotics. The companies announced at Web Summit that Schaeffler will deploy Digit humanoid mobile manipulation robots.

Locus Robotics surpasses four billion units picked
Coinciding with the opening of its Locus Park headquarters in Wilmington, Mass., Locus Robotics person-to-goods AMRs have surpassed four billion picks across its global fleet.

Photo slideshow: Locus Robotics opens new global headquarters
Local businesses, investors, and media were invited to a ribbon cutting ceremony and tour of Locus Robotics’ new global headquarters and robot manufacturing warehouse Oct. 23.

Vecna Robotics introduces CaseFlow robotic case picking offering
Vecna Robotics released its new robotic case picking offering, CaseFlow. GEODIS exceeded 100% improvement in case picking performance at a site using CaseFlow.

Nokia AIMS automates inventory monitoring with AI-enabled drones
Paul Heitlinger, general manager of Nokia AIMS, describes how AI-enabled software from Nokia Bell Labs powers indoor drone localization and a case counting inventory service.

Larisa Summers hired as Gather AI head of marketing
Drone software provider Gather AI recently hired Larisa Summers as its new head of marketing, who brings experience from venture-funded startups turned Fortune 500 companies.

How RapidID machine vision technology ‘gives robots human-like instinct’
Powered by machine vision, RapidID is a cloud-based vision platform from Rapid Robotics that allows robots to identify and grasp a variety of objects with precision.

Nokia announces inventory-counting capability for AIMS
Nokia AIMS now includes an inventory-counting capability that can compare counts collected by autonomous drones against WMS and ERP using Nokia’s AI image recognition software.

Interact Analysis valued 2023 warehouse software market at $7.2 billion
Recent research by Interact Analysis predicts a 19.5% CAGR between 2023 and 2030 for warehouse automation software including WMS, WCS, and WES, and competition to provide WES.

Agility Robotics, GXO sign multi-year humanoid deployment agreement
Building off a pilot with SPANX in December, GXO and Agility will continue RaaS commercial deployment of Digit mobile manipulation humanoids, integrating with cobot AMRs.

Working alongside Scythe Robotics autonomous mowers
Scythe Robotics’ implementation team trains landscapers to operate M.52 autonomous mowers through built-in control panels and app-based interfaces.

How supervised autonomy keeps robot arms moving
Erik Nieves, CEO of Plus One Robotics, described what degree of freedom Plus One gives to its AI control systems, as well as the types of situations that warrant human...

Bluewhite raises $39M Series C to scale agricultural autonomous tractors
With Series C Bluewhite plans for worldwide scaling of its agricultural robotics-as-a-service (RaaS), integrating Pathfinder hardware with Compass software.

Vecna Robotics Offers Performance Guarantee to Accelerate Adoption of Warehouse Automation
Vecna Robotics, which provides autonomous mobile robots, the Pivotal orchestration software, and a 24/7 Command Center, now provides guarantees based on customer-defined metrics.

Promise Robotics Raises Series A Funding to Automate Home Production as a Service
Promise Robotics has raised $15 million to commercialize its AI-driven software for turnkey automation of building production.



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