Category Archives: IS IT WORTH INVESTING IN ROBOTS?

IS IT WORTH INVESTING IN ROBOTS?

Companies must allocate funds for a risk assessment to ensure compliance with RIA safety regulations, as industrial robotic technologies are a costly investment. The cost of safety precautions suggested in a risk assessment can exceed $15,000 for a robot costing between $50,000 and $60,000. Omitting safety jeopardises workers’ lives, legal liabilities, insurance and shutdowns. Many

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