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Tag Archives | traditional robots

How to Determine Robot ROI

As robotic performance continues to accelerate, now is the perfect time for mid-sized companies that have been waiting for a decline in robotic prices to deploy these automated solutions. Here’s how to determine the value of this decision.

robotic-pick-place2While reading a report by The Boston Consulting Group, I learned that global sales of industrial robots rose by 23 percent last year, with deliveries expected to double to 400,000 a year by 2018. The report also predicted that industrial robot pricing will continue to decline over the next decade by more than 20 percent. If this holds true, it will make more applications viable for robots, thereby decreasing the investment required for integration—which is the primary roadblock keeping many manufacturers from moving forward with robots. In fact, the one question I hear most often from clients is: “What’s the ROI on my investment in robotic automation?” Continue Reading →

How to Select Industrial Robots

water-roboticsThe challenge in choosing a robot for your operation is often not in knowing whether or not you need a robot, but choosing which applications are well suited for a robot to provide the best return.

According to the International Federation of Robotics, robot sales have increased more than 45 percent in the last five years. More and more companies, across all industries, are looking to robotic solutions to increase manufacturing capacity, reduce costs, and improve worker safety. Today’s industrial robots are smarter, faster, adaptable, and collaborative. With advanced vision and sensing capabilities, robots can perform complex tasks that were not even possible a few years ago. All of these new technologies make this an exciting time to be considering an investment in an industrial robot.

As you evaluate which process in your manufacturing environment you want to target for a robotic application, be specific about the problem you want to solve and consider all of the cost reductions a robot can provide: minimizing waste, creating efficiencies, increasing production volume, improving safety or reducing labor costs. These cost reductions can serve as the basis for your return on investment criteria and will often be important factors in determining if a robot is right for your designated application. Continue Reading →