Technavio survey lists ‘world’s top four’ robot companies

industrial robot playing a vinyl record

Technavio has listed what it claims are the top four leading vendors in their recent global articulated robots market 2015-2019 report. This research report also lists numerous prominent vendors that are expected to impact the market during the forecast period.

Competitive vendor landscape

According to Bharath Kanniappan, lead research analyst at Technavio for robotics, “The top four vendors in the global articulated robots market concentrate on the development of application-specific and industry-specific articulated robots, which help them to have a competitive edge.”

ABB is the market leader in the global industrial robotics market. Fanuc is one of the leading industrial automation vendors and offers various industrial robots under its robotics business unit.  Continue reading Technavio survey lists ‘world’s top four’ robot companies

‘Less than 10 per cent of business processes will rely on paper by 2018’, say bosses

xerox

Around 90 per cent of all business processes will be paperless within the next two years, according to a new survey. And the irony is that Xerox, a name synonymous with photocopying on paper, aims to boss the digital market. 

Xerox has introduced workflow automation services as part of its managed print services offering to “lead the way to greater productivity and digital transformation”. The company is also developing robotic process automation tools throughout its portfolio to support its full line of business – including customer care centers, finance and accounting processes and the healthcare sector.

Data is the lifeblood of business today, and it’s not easy digging through it to uncover insightful, actionable intelligence. That’s one takeaway from the survey of 600 IT decision-makers in large US, Canadian and Western European organizations. The Digitization at Work report from Xerox shows the move from paper to digital processes is nearly upon us, however, many survey respondents admit they may not be ready for it.  Continue reading ‘Less than 10 per cent of business processes will rely on paper by 2018’, say bosses

Xerox launches robotic process automation reseller program

xerox automation solutions reseller

Xerox has launched a global reseller agreement with Top Image Systems that the companies say will give customers end-to-end robotic process automation solutions for industry-specific, content-driven procedures.

Content processing solutions from TIS will be integrated into Xerox’s workflow automation suite, which helps simplify end-to-end processes for a range of industries including financial services, healthcare and government.

The solutions will help Xerox customers in large enterprises improve their day-to-day effectiveness and streamline content-driven tasks, such as customer onboarding, manual data entry, claims administration and invoice processing.  Continue reading Xerox launches robotic process automation reseller program

Investment industry embraces and fears robo-advisors – but bionic advisor may be the better answer

robo advisor

High net worth investors need and want human advice backed by technology for better recommendations, reporting and access, says InvestEdge

The future of investment advice isn’t a battle of man versus machine, according to a commentary from InvestEdge.

The investment industry is excited – and fearful – about the rise of “robo-advisors”, systems that give automated investment advice. Robo-advisors offer investors lower costs and minimums, and some worry they will wipe out traditional “human” investment guidance. Continue reading Investment industry embraces and fears robo-advisors – but bionic advisor may be the better answer

Your artificially intelligent assistant is ready to take a letter

boss dictates letter to secretaryOne of the many perks of being the boss of a reasonably sized company is having your own personal assistant, someone who you can dictate letters to, someone who keeps your diary updated, answers your phones and helps you organise your time so you are as efficient and as productive as you can be at work.

A good PA is often very highly paid, commensurate with the company and business sector he or she works for, and their image as super-fast typists and excellent organisers is one that is often celebrated and acknowledged.

However, the relationship between the boss and the PA could be about to change forever as a result of developments in artificially intelligent assistant technology. Already there are a number of artificially intelligent personal assistants – let’s call them AIPAs for now – on the market and according to some, they’re quite good. Continue reading Your artificially intelligent assistant is ready to take a letter

World Economic Forum warns of ‘widespread disruption’ to business by robots

US Secretary of State John Kerry, delivering the keynote speech at the World Economic Forum
US Secretary of State John Kerry, delivering the keynote speech at the World Economic Forum

You know we’re in a lot of trouble when the World Economic Forum sees fit to issue a dire warning about the future of global employment, forecasting that more than 5 million people will lose their jobs across 15 developed economies by 2020 as a direct result of robotics and automation technology.

It’s difficult to say whether WEF is being conservative in its estimate, but since it is considered the mouthpiece of the leaders of the world economy, it’s in its interests to try and calm people’s anxieties over the issue.

In its report, The Future of Jobs, WEF says: “The Fourth Industrial Revolution, which includes developments in previously disjointed fields such as artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and genetics and biotechnology, will cause widespread disruption not only to business models but also to labour markets over the next five years, with enormous change predicted in the skill sets needed to thrive in the new landscape.”  Continue reading World Economic Forum warns of ‘widespread disruption’ to business by robots

Fetch Robotics expands executive team

Peggy Fong, Fetch Robotics
Peggy Fong

Fetch Robotics has added two new faces to the company’s executive team. Peggy Fong joined as Chief Operations Officer and Dave Robson was named Chief of Staff.

Fong and Robson will help to support the rapid growth of Fetch, a pioneer in building robots for the logistics and material handling industries.

Most recently the President at Magellan GPS, Peggy Fong brings more than 20 years of experience combining emerging technologies with business know-how. Continue reading Fetch Robotics expands executive team

Top 14 industrial robot companies and how many robots they have around the world

Finding statistics on the install base of robots is not as straightforward as it might be, but RoboticsandAutomationNews.com has compiled its own list of available data and the bar chart below is the result.

Many well known companies are missing from the list and graph, but that’s because we could not find any credible and up to date figures for their install base.

We will of course try and persuade those companies to release that information to us so that we can provide a more complete picture of the market.

We’ve called this list “Top 9”, but that is based on available information.

Update: Fanuc claims to have sold 400,000 robots worldwide. That takes it from fourth on our previous list to first place in the new 2016 list. So, Fanuc is now the world’s largest maker of industrial robots according to the latest information we have. We will update the list as and when we get more information.

Update: Epson claims to have sold 10,000 more robots worldwide since our previous list. The company says it now has 55,000 industrial robots installed worldwide. Our previous list had their install base at 45,000 – this has now been updated (below).

Update: Comau says it has 30,000 robots installed worldwide. In exclusive comments to Robotics and Automation News, a senior executive at the Italian company provided the statistic as part of an extended interview. Our previous list did not include Comau as we could not find the data – this has now been updated (below).

Update: Universal Robots says it has installed 10,000 of its collaborative industrial robots worldwide.

Update 11 January 2018: Universal says it has sold an additional 10,000 units, bringing its total to 20,000.

Update: ABB says it has 300,000 robots installed worldwide, up from our previous number of 250,000. We have updated the list, and will update the pie chart at a later date. The new figure places ABB in joint-second place, along with Yaskawa, although our list shows ABB at number 3.

Update: Foxconn says it has installed 40,000 industrial robots in China, according to reports. We had not found this in official company documents, which is why we did not initially include it in the list for now. However, the report was in a reliable publication, so we have decided to include it.

Update: Mitsubishi Robotics says it has 70,000 industrial robots installed worldwide, which makes it number 8 in our list. The parent company is going through some interesting times, after a $2.3 billion capital injection, and reports that it is preparing to triple its executive pay.

Update: Stäubli is one of the original robot manufacturers, and still one of the largest. We estimate that the company has a large number of robots installed worldwide. However, in the absence of any available data, we have made our estimate as to how many robots the company has installed worldwide.

Update: Denso reveals it has a total of 95,000 robots installed.

Update 11 January 2018: Yaskawa says it currently has more than 360,000 industrial robots installed worldwide, which is 60,000 more than we had previously reported, so we have updated the list below.

Top robot companies in the world – robot install base worldwide

  1. Fanuc – 400,000
  2. Yaskawa – 360,000
  3. ABB – 300,000
  4. Kawasaki – 110,000
  5. Nachi – 100,000
  6. Denso – 95,000
  7. Kuka – 80,000
  8. Mitsubishi – 70,000
  9. Epson – 55,000
  10. Stäubli – 45,000
  11. Foxconn – 40,000
  12. Comau – 30,000
  13. Omron / Adept – 25,000
  14. Universal – 20,000

Source: RoboticsAndAutomationNews.com

If new information becomes available, we would be happy to make additions and corrections if appropriate.

We recently found out that Nachi Robotics has a substantial number of industrial robots installed worldwide, which is why we have included it in the list.

We would very much welcome any information that will help us add more companies and more stats to the list.

 

Robot density: Top 10 countries with most industrial robots for every 10,000 people employed in manufacturing

According to the IFR, the 10 countries with the highest number of industrial robots for every 10,000 people employed in manufacturing are:

  1. South Korea, 347
  2. Japan, 339
  3. Germany, 261
  4. Italy, 159
  5. Sweden, 157
  6. Denmark, 145
  7. United States, 135
  8. Spain, 131
  9. Finland, 130
  10. Taiwan, 129

Source: International Federation of Robots