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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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RIOS’ Matt Shaffer Speaks at ‘Boosting SaaS Products with New Technologies Summit’
Matt Shaffer, Director of Artificial Intelligence and Co-Founder at RIOS Intelligent Machines, will be speaking at the "Boosting SaaS Products with New Technologies: Big Data. Data Science. Artificial Intelligence. Machine...

RightHand Robotics Picks Up Partners and Recognition, Expects Maturing Demand in 2023
RightHand Robotics announced key partnerships last year and expects robotic picking to work alongside automated storage and human workers across industries this year.

Lambert Vet Supply Expands Körber Relationship to Deploy Locus Mobile Robots
Lambert Vet Supply needed to manage growing e-commerce demand and worker shortages, so it worked with longtime partner Korber Supply Chain to add mobile robots.

AutoStore Launches Pio to Make Cube Storage Available to Small, Midsize Businesses
Pio is AutoStore's new unit offering pay-per-pick deployments of automated storage and retrieval technology to SMBs. It's now available in North America.

Labor Crisis Makes It Essential to Upskill Workers With 21st Century Automation
With labor shortages across manufacturing and other industries, employers can both upskill workers and integrate automation to augment their capabilities.

Ottonomy.IO Unveils Ottobot Yeti Robot for Unattended Deliveries at CES 2023
Ottonomy, which demonstrated its autonomous delivery robots at airports and other locations over the past year, unveiled Ottobot Yeti and its roadmap at CES 2023.

Aeolus Debuts aeo Dual-Arm Humanoid Robot at CES 2023
Aeolus Robotics, whose aeo service robot can perform functions such as security, disinfection, and delivery, is looking for U.S. partners and integrators at CES 2023.

CleanRobotics and ARO Deploy TrashBot Zero for Early Recycling Sortation Nationwide
CleanRobotics said TrashBot Zero identifies waste and potentially useful data at the time of disposal. RaaS provider ARO will help it deploy the recycling robot across the U.S.

Digital Dream Labs to Ship Upgraded Vector 2.0 Social Robot
Digital Dream Labs not only took over the intellectual property of Anki, but it said it has also improved the Vector robot to be smarter and easier to maintain.

Guardforce AI to Buy Kewei’s Robot’s Business-Related Assets in China
Guardforce AI is acquiring Kewei's Chinese assets for approximately $2.1 million U.S.

inVia Robotics Wins Frost & Sullivan 2022 North American Technology Innovation Leadership Award for Differentiated Products, RaaS Model
inVia Robotics has won another award from Frost & Sullivan for its goods-to-person picking system and robotics-as-a-service business model to help warehouses automate.

Industrial Robotics Applications in Warehousing and Distribution
Learn how industrial robots can pick, sort, and inspect items moving through warehouses and distribution centers from experts at SICK in this podcast.

Formant, Kinova Partner to Enable Gen3 Robot Arm Teleoperation, Encourage Adoption
Formant explains how its browser-based application will enable smooth teleoperation of kinova's Gen3 robot arm for a variety of applications and industries.

Albert Czech Republic Deploys 40 Autonomous Scrubbers From Tennant With BrainOS
Albert, a unit of Ahold Delhaize, evaluated several cleaning robots before choosing to automate with Tennant's floor-scrubbing system running Brain Corp's platform.

Mitsubishi HC Capital America Grows Its Financing of Automation-as-a-Service for the Robotics Industry
Mitsubishi HC Capital America said its automation-as-a-service model helps bundle costs into one monthly payment for robotics businesses and is different from traditional leases.



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