DO ADVANCES IN ROBOTIC TECHNOLOGY SAVE COSTS?

Industries have been looking for solutions for years that offer savings in time, cost and labor. The advances in artificial intelligence and robotics are happening very fast, managing to improve operational costs, speed, precision and output volume, thus providing a wide range of companies with these improvements.

Flexible systems are currently offered that are associated with different improvements, including hardware, software, sensors, AI and internet that facilitates their adaptation to a wide range of applications.

Collaborative robots have been the most cost-effective option by incorporating lower cost components, allowing them to be more precise and versatile.

In 2017, the manufacturers of robotic solutions that led the market with their industrial robots with almost $15 billion were Kuka, ABB, Fanuc and Yaskawa. The collaborative robot market reached $287 million by the same date.

We are faced with a specific market that requires the mastery of platforms with advanced technology, where sales and business models will have revenue and service fluctuations based on the cloud, and this will generate greater efficiency and reliability, reducing the likelihood of fraud and compliance problems.

The ability to implement a robotic system in a profitable way adds to the growing market demand, investments are required to remain competitive, however, automating different processes requires investments that can be recovered in less time thanks to new developments.

Effectively integrating a robotic system offers minimum down times, allowing production lines to operate 24/7, 365 days a year.

The robot/human collaboration allows operations to be simplified, because they have more precise devices that allow them to act effectively when handling objects, thus reducing injuries in the workplace when performing repetitive or dangerous tasks.

The manufacturing costs are also reduced, thanks to waste disposal management, thus saving resources by optimizing tasks.

Production is increased as automation allows negotiations to take place through applications.

The new technologies allow processes to be improved, adapting quickly to changes, thus generating higher performance, shorter cycle times, efficient production processes, and the smarter use of space, providing a faster service.

Automation, together with digital technologies, allows for better performance with data management.

Technology has the potential to help reduce the cost of production, and can even make manufacturing costs more competitive. In the coming years, we will see an increase in the efficiency of the industry with even more innovations.

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