Robotics & Automation News

Market trends and business perspectives

RaaS

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

Plus Automation wins its first robotics-as-a-service contract

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Logistics and supply chain technology startup Plus Automation has won its first robotics-as-a-service contract with Jun Co, a Japanese company with diversified interests including fashion, food and fitness products. 

The company was jointly established in June 2019 and is 60 per cent owned by Mitsui, a Japanese conglomerate, and GLP Japan, said to be the largest Japanese logistics company but also has real estate and other interests.

The contract between Plus and Jun consists of a standard annual subscription together with the option to add robots when cargo volumes increase, making it “a highly convenient service package”, says Plus. [Read more…] about Plus Automation wins its first robotics-as-a-service contract

Geek+ smart warehouses break Single’s Day record with 8 million orders delivered in 72 hours

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Geek+ says it implemented and completed large-scale scheduling of more than 4,000 robots in its smart warehouses during this year’s 11.11 Singles’ Day shopping festival.

China’s largest smart warehouse network processed a record 8 million orders in 72 hours.

Geek+ says “the successful deployment is a fantastic validation of the strength of the robotics-as-a-service business model” and the flexibility and efficiency of smart warehouses during periods of peak orders, including the ultimate challenge of the world’s largest shopping festival. [Read more…] about Geek+ smart warehouses break Single’s Day record with 8 million orders delivered in 72 hours

White paper: Preparing Your Warehouse for Robots

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In this white paper, Preparing Your Warehouse for Robots, produced in association with Geek Plus Robotics, we look at the types of robotics and automation technologies available to warehouse managers and how they can prepare for the implementation of these technologies.

We can provide a brief answer right now to one of the first questions that many people ask about buying robots and increasing the level of automation in their warehouse: “Is it expensive?”

And that answer is, as ever, “It depends.” [Read more…] about White paper: Preparing Your Warehouse for Robots

Robotics-as-a-Service to reach $34 billion by 2026

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New research suggests ‘Robotics-as-a-Service’ (RaaS), where robotics providers rent or lease their products with solutions to customers as a full service, will be the next stage of market development.

ABI Research estimates that the installed base for RaaS will grow from 4,442 units in 2016 to 1.3 million in 2026. The yearly revenue from RaaS providers is expected to increase from US$217 million in 2016 to nearly US$34 billion in 2026.

“This will make the yearly revenue of RaaS providers (including all payments for services) greater than the shipment revenues for industrial robots, which currently accounts for the lion’s share of the robotics industry in terms of revenue,” explained Rian Whitton, Research Analyst at ABI Research.

[Read more…] about Robotics-as-a-Service to reach $34 billion by 2026