- Advertisement -
Home Research The Robot Revival

The Robot Revival

- Advertisement -

Robots have long been a manufacturing mainstay—tasked with doing the heavy lifting on the assembly line or taking over tedious repetitive motions. Up until recently, however, they’ve been limited to basic activities, typically on the automotive factory floor. But advancements in the form of small, light-weight collaborative robots, cloud analytics, and artificial intelligence are ushering in a new era of robot applications and collaboration that will support a wide variety of industries.

Industry observers say these new robot systems will transform the way products are made, as well as the way people work.

RELATED POST: BEST ROBOTIC STARTUPS IN ASIA




ALSO READ: HOW TO START YOUR OWN BUSINESS 

“The next step is changing the way we work globally,” said Esben Østergaard, CTO of collaborative robot company Universal Robots during an interview at IMTS 2016. “What’s changing is what an effective worker is. Before people were working like robots… If we can free people on the factory floor from working like machines [they can provide] extra added value to produce the products that consumers want.”

Looking at how robots will change the manufacturing space, analyst firm IDC recently published a report that predicts the future of this market. The report titled “IDC FutureScape: Worldwide Robotics 2017 Predictions” outlines shifts in business models, the competitive landscape, regulations, talent, and use cases, all of which are driven by technological advancements in artificial intelligence, computer vision, navigation, sensor, and semiconductor technologies.

Furthermore, IDC predicts much of the robot growth will happen outside of the traditional factory floor, indicating that 35 percent of leading organizations in logistics, health, utilities, and resources will explore the use of robots to automate operations by 2019.

ALSO READ: TOP 10 ROBOTICS COMPANIES IN INDIA

According to IDC, here are the other top ten predictions and major robotics trends that are set to present opportunities and challenges to IT leaders in 2017 and beyond:

  • Robot as a Service. By 2019, 30 percent of commercial service robotic applications will be in the form of a “Robot as a Service” business model, reducing costs for robot deployment.
  • Chief Robotics Officer. By 2019, 30 percent of leading organizations will implement a chief robotics officer role and/or define a robotics-specific function within the business.
  • Evolving Competitive Landscape. By 2020, companies will have a greater choice of vendors as new players enter the $80-billion information and communication technology market to support robotics deployment.
  • Robotics Talent Crunch. By 2020, robotics growth will accelerate the talent race, leaving 35 percent of robotics-related jobs vacant while the average salary increases by at least 60 percent.
  • Robotics Will Face Regulation. By 2019, the government will begin implementing robotics-specific regulations to preserve jobs and to address concerns of security, safety, and privacy.
  • Software-Defined Robot. By 2020, 60 percent of robots will depend on cloud-based software to define new skills, cognitive capabilities, and application programs, leading to the formation of a robotics cloud marketplace.
  • Collaborative Robot. By 2018, 30 percent of all new robotic deployments will be smart collaborative robots that operate three times faster than today’s robots and are safe for work around humans.
  • Intelligent RoboNet. By 2020, 40 percent of commercial robots will become connected to a mesh of shared intelligence, resulting in a 200 percent improvement in overall robotic operational efficiency.
  • Growth Outside Factory. By 2019, 35 percent of leading organizations in logistics, health, utilities, and resources will explore the use of robots to automate operations.
  • Robotics for Ecommerce. By 2018, 45 percent of the 200 leading global eCommerce and omni-channel commerce companies will deploy robotics systems in their order fulfillment warehousing and delivery operations.
- Advertisement -
- Advertisement -

Stay Connected

16,985FansLike
1,850FollowersFollow
2,458FollowersFollow

Must Read

How to Invest in Direct Mutual Funds?

Mutual funds, today, among investors are a preferred choice. It is due to their diversified portfolio and attractive returns. An investor can now invest...
- Advertisement -

How Do Startup Incubators Make Money?

A major objective of an incubator is to assist a startup growth. Incubators solve issues of the startups and provide workspace, training, or other...

How An Accountancy Firm Can Benefit Your Business Finances

At the early stages of a business, running it as a one-man-show may not be difficult. You might play all the roles involved, such...

Bitcoin – Top 4 Great Advantages that Users Get!

The world is developing rapidly with lots of emerging technologies. These particular technologies made the lives of people very easy than before. People can...

Recent Published Startup Stories

The Fastest Growing Eyewear Start-up

When looking for online spectacles, you can come across a plethora of brands that retail glasses and sunglasses. However, you can not find one...

InfoClutch: Providing Success-Driving B2B Marketing Data Solutions Across the Globe

InfoClutch is a B2B data marketing company based in Edison, New Jersey, that fulfills its clients’ tailored data and information research, analytic, and communication...

Price2Spy’s Path To Success In A Dynamic E-commerce Environment

Decades ago, sellers used to manually strive the idea of their competitors each striking point so that they could come up with something more...

Outfunnel: The Revenue Marketing Automation Tool For Smbs

Marketing automation drives a 14.5% increase in sales productivity and a 12.2% reduction in marketing overhead; Mind-Boggling, isn’t it? Well, what if we tell...

The List of Best Top 10 Startup Incubators and Accelerators Worldwide

The number of startups in the world are increasing. They are successful with the backing of the best incubators in the world. The incubators...
- Advertisement -

2 COMMENTS

  1. Simply desire to say your article is as astonishing.
    The clarity in your post is simply cool and i can assume
    you are an expert on this subject. Fine with your permission allow me to grab
    your feed to keep updated with forthcoming post.
    Thanks a million and please continue the enjoyable work.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Select Language »