What is Robotics as a Service?
Robotics as a Service (RaaS) is a paradigm-shifting new business and service delivery model for robotics. This arrangement dramatically reduces the barrier to entry for introducing robotics into any industry by delivering a robotics-driven solution on a subscription basis. However, the advantages of RaaS solutions extend far beyond the sticker price.
In a traditional model, businesses would identify a need for automation, seek out the right hardware for the situation, and then purchase—or build themselves—whatever corresponding software was required to control and manage their new robot fleet. Maintenance, upgrades, and operational management would also fall on their shoulders.
The limitations of this arrangement are obvious. First, businesses must proactively design their own solution. Then they must fund all of the robotics hardware upfront, then engage in another build vs. buy decision to cobble together the right software stack for their solution.
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Robotics as a Service is a massive market opportunity that will fuel the future of robots.
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