Robotics & Automation News

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RaaS

Robots as a service simplifies the automation of sorting operations

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Offering products as a service allows users to test new technologies with reduced risks. This is good news for warehouse sorting operations in the parcels, ecommerce and fulfilment sector, where operators can struggle to justify replacing traditional manual processes with robots.

To facilitate this changeover, Prime Vision is now offering robotic sorting as a service (RSaaS), allowing its customers to effortlessly implement this highly flexible solution.

Robots have revolutionised repetitive processes, delivering greater efficiency, accuracy and speed in a multitude of applications. [Read more…] about Robots as a service simplifies the automation of sorting operations

GXO signs ‘industry-first’ multi-year agreement with Agility Robotics

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GXO Logistics, one of the world’s largest pure-play contract logistics provider, and Agility Robotics, creator of the bipedal Mobile Manipulation Robot (MMR) Digit, have signed a multi-year agreement to begin deploying Digit in GXO’s logistics operations.

This agreement, which follows a proof-of-concept pilot in late 2023, is both the industry’s first formal commercial deployment of humanoid robots and first Robots-as-a-Service (RaaS) deployment of humanoid robots.

Adrian Stoch, Chief Automation Officer, GXO, says: “We’re building on the success of last year’s groundbreaking pilot with Agility by deploying fully operational Digit humanoids into a live warehouse environment. [Read more…] about GXO signs ‘industry-first’ multi-year agreement with Agility Robotics

Formic raises $27.4 million to ‘bring automation to more manufacturers’

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Formic, a provider of Robots-as-a-Service (RaaS) automation for US manufacturers, has raised another $27.4 million in Series A financing led by Blackhorn Ventures with participation from Mitsubishi HC Capital America, NEC, Translink Capital, Alumni Ventures, FJ Labs, Lux Capital, Initialized Capital and Lorimer Ventures.

This new funding brings the total Series A round to more than $52 million since January 2022.

Formic delivers fully supported robotic automation at a low hourly rate, including deploying the system and providing continuous monitoring and maintenance throughout the engagement to ensure success. [Read more…] about Formic raises $27.4 million to ‘bring automation to more manufacturers’

Top 10 Future Trends in the Robotics Industry

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The Robotics Industry has given us significant innovations. From industrial swarm robots to AI, the continuously flourishing industry continues to reshape our lives.

In a world of continuous advancement and innovations, staying updated about the latest trends in the robotics industry is imperative.

The advent of CoBots, RaaS, and Soft Robotics has changed how our industries achieve excellence by enhancing their accuracy and proficiency. [Read more…] about Top 10 Future Trends in the Robotics Industry

Körber chooses robotics-as-a-service for next phase of e-fulfillment journey

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Körber has decided that the next phase of its journey in e-fulfillment will use robotics-as-a-service.

The technology company which employs more than 12,000 people worldwide says RaaS “empowers businesses to adapt and thrive in new era of supply chain complexity”.

Ever-increasing consumer demand and labor challenges are top of mind for many supply chain executives amid double-digit growth rates in e-commerce. [Read more…] about Körber chooses robotics-as-a-service for next phase of e-fulfillment journey

2023 Predictions & Forecasts: Berkshire Grey expects RaaS to get bigger

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Insights from Chris Geyer, VP at Berkshire Grey

Since Berkshire Grey designs and deploys AI and robotics technology to Fortune100 customers like FedEx, Target and Walmart, they have an expansive view of what’s happening across retail, e-commerce, grocery, package handling and logistics industries.

Chris Geyer, vice president at Berkshire Grey, works closely with these customers on product development and implementation and is well-equipped to see what the new year has in store. [Read more…] about 2023 Predictions & Forecasts: Berkshire Grey expects RaaS to get bigger

Robotics-as-a-Service market growing in the logistics industry

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Between 6 percent and 8 percent of total revenue in the mobile robotics for logistics market comes from Robotics-as-a-Service, according to research company IDTechEx.

X-as-a-Service business models are now commonplace in the industry, involving the delivery of a specific service rather than a product to perform the service.

The most significant change in models such as this is the replacement of a proportionally very large up-front product price with a billing structure that is based on the services performed as the product itself. [Read more…] about Robotics-as-a-Service market growing in the logistics industry

Robots-as-a-Service or Software-as-a-Service: Which Technology Trend is the Future?

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Many people have not yet heard of Robots-as-a-Service (RaaS). This trend has grown as a technology likely to grow in scope in the coming years.

In short, RaaS allows businesses to take advantage of the benefits that come with robotic automation through cloud-based subscriptions rather than expensive equipment purchases.

This technology builds on the popularity of Software-as-a-Service or SaaS solutions. The rise of SaaS has increased the importance of cloud-based subscriptions for many companies. [Read more…] about Robots-as-a-Service or Software-as-a-Service: Which Technology Trend is the Future?

Seegrid introduces subscription model for acquiring its robots

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Seegrid, a provider of autonomous mobile robots for material handling, has introduced a “Robots as a Service” (RaaS) subscription model.

The additional purchasing model provides customers with more alternatives to facilitate access to the latest Seegrid Palion AMR fleet and enterprise software solutions.

In addition to the new subscription model, the company will continue to offer its customers options to purchase equipment outright, as well as various leasing models. [Read more…] about Seegrid introduces subscription model for acquiring its robots

ForwardX Robotics launches robots-as-a-service for its warehouse automation solutions

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ForwardX Robotics, a provider of artificial intelligence and robotics solutions, says it will now offer Robots-as-a-Service (RaaS) options for its collaborative mobile robots.

Whilst also offering outright sale and renting options, the RaaS subscription-based model aims to encourage supply chain operations to invest in innovation by allowing them to upgrade their facilities without the large upfront investment usually associated with automation projects.

Paul Qian, VP of sales at ForwardX Robotics, says: “The pressure on supply chains to deliver is growing with every day that passes and we know how much of an impact our solutions can have on facilities and their processes. [Read more…] about ForwardX Robotics launches robots-as-a-service for its warehouse automation solutions