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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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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.

Nulogy Partners With Formic to Provide Software and Robotics as a Service
Nulogy and Formic said the combination of supply chain software and manufacturing robotics will help businesses digitalize and compete.

Robotics as a Service Model Spreads Beyond Mobile Robot Suppliers to Other Systems
The robotics as a service, or RaaS, model can not only save companies money as they adopt automation, but it can also help them manage their deployments, say industry experts.

Electric Sheep Acquires Phenix Landscape and Complete Landscaping to Grow Robotic Mowing
Electric Sheep, which provides AI mowing robots, has acquired two landscaping firms as part of its outdoor service expansion strategy.

Vayu Robotics Emerges From Stealth, Promises Low Cost Sensing, Mobility
Vayu Robotics is applying experience in AI and mobile robots to develop a "foundation model for mobility" and low-cost sensing technology.

Locus Robotics Fulfillment Systems Now Available in Italy and Poland
Locus Robotics said its autonomous mobile robots and warehouse software are now available in more European countries.

EMI Adds Autonomous Mowing Robots From RC Mowers to Its Fleet
EMI is an early adopter of RC Mowers' AMR, joined its remotely operated product line. The Columbus, Ohio-based commercial landscaper said the robots will address labor shortages.

Mobile Robot Deployments Require Data, Sizing, and Strong Relationships for Success
Mobile robot deployments start with identifying the task to automate and the hardware to do it, but managing change and relationships is just as important, say industry experts.

Mobile Robots Can Optimize Materials Movement
Mobile robots are only part of the solution for increasing operational flexibility; warehouse software and process management are also important, say industry experts.

RobotLAB Franchises Robot Integration Services With New Partners in North Carolina
RobotLAB franchisees plan to open multiple branches in the Carolinas to support integration of cleaning and service robots for the over 31,000 businesses in the territory.

Clevon Delivers Close to 1,500 Packages for DHL Express Estonia
Clevon and DHL Express Estonia began their partnership last year, and customers given high marks to self-driving last-mile and middle-mile deliveries.

Path Robotics Adds Autonomous Fit-up System to Robotics as a Service Offerings
The new robotic cell uses computer vision and AI to autonomously pick, fit, and weld small parts.

Shell Signs Offshore Service Agreement With Nauticus Robotics
Shell has contracted with Nauticus Robotics to conduct autonomous subsea manipulation tasks with Aquanaut on live subsea assets at more than 1 km depth without an umbilical.



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