Robotics As A Service Will Be The New Trend: Sangeet Kumar
The automation market is projected to reach a valuation of $253 billion by 2026, growing at a CAGR of 8% during the forecast period (2021-2026), as per the Global Industrial Automation Market Outlook report.To get more news about Robot Subscription, you can visit glprobotics.com official website.
Analytics India Magazine got in touch with Sangeet Kumar, Co-founder & CEO, Addverb Technologies, to understand the ins and outs of intelligent automation and how the company is supporting its customers in implementing automated workflows.
“Our products are enabled with advanced technologies such as AI, ML and deep learning, thus giving us an edge in comparison to the existing products and players in the market,” said Kumar. Sangeet Kumar: Industrial automation uses intelligent machines in operations so that the processes can be carried out with minimal human intervention. It can be achieved through several means, including mechanical, electronic, robotics, AI, ML, deep learning for leaner operation processes that require less energy, less material, and reduced labour waste. In the current era, technological advances have overcome many of the traditional limitations of robotics and automation. A new generation of flexible and versatile robots cost far less than those used in manufacturing environments today. It can be trained by frontline staff to perform tasks previously thought to be too difficult for machines— picking and packing irregularly spaced objects, resolving wiring conflicts in large-scale projects can be taken care of with the help of industrial automation.
Manual work is getting replaced by smart robots. Demand for precise production without compromising on quality, increasing need for digital transformation across sectors – healthcare, transportation, retail and favourable government policies in the manufacturing sector are driving the industrial automation market. As the potential of IoT and interconnectivity is realised, the industry is expected to grow at a fast rate in the future.
Sangeet Kumar: The automation trends that will disrupt the Industrial automation sector in 2021 include the adoption of autonomous mobile robots in the manufacturing and warehousing sector. The industry will migrate to more advanced navigation technologies such as LIDAR, RADAR & cameras. Secondly, the growth of e-commerce has catalysed the use of mobile robots in the warehouse and instigated R&D for continuous improvement. To optimise the value chain, companies are investing more in their core business and outsource the rest. Hence RaaS (Robotics as a Service) will be the new trend.
Moreover, cobots with easy configuration, app-based controls and built-in safety mechanism, including power and force limiting technologies, make them safe to collaborate with human operators. Competitive pressures and onslaught of technology such as cloud, augmented reality, etc. will prompt manufacturers to look at industrial IoT solutions. Areas like remote diagnostics, predictive maintenance, fire hydrant management shall be the first areas for disruption.
Sangeet Kumar: Artificial Intelligence gives robots computer vision to navigate, sense and calculate their reaction accordingly. AI-enabled robots are trained to handle repetitive tasks at inventories, logistics and supply chains, thereby reducing human work. From medical supplies to sanitisation, disinfection, and performing remote surgeries, AI makes machines more intelligent.
Moreover, robotics for cargo handling speeds up the operations and performance efficiency, including baggage handling, ATRS, trolley tracking and disinfection. Similarly, AI-enabled logistics processes deliver multiple benefits to growth in minimal human intervention, combined with savings in labour cost, improvement of accuracy, and cumulative savings in energy consumption.
Sangeet Kumar: We are one of the rare Indian startups which is into both hardware and software. A large chunk of 400 engineers is working in the R&D, driving our innovation through various products and building solutions that seamlessly integrate with any software or hardware in factories and warehouses. Our state-of-the-art manufacturing is the facility where “robots make robots”. With innovation being at the core of our DNA, we spend 10% of our revenue on R&D to create an extensive, affordable product portfolio for SMBs through affordable and sustainable technologies.
We have recently developed our own AI engine for text-to-speech conversion, which powers our product Khushi, a voice-based order picking system for warehouses. We have also launched Veloce, a hybrid product that adds the reach of a carton shuttle and the flexibility of a mobile robot, thus proving to be the most flexible product in the warehouse automation segment. We are also working extensively on low-cost vision picking solutions and have launched multiple variants of Dynamo (500 Kg & 1 Ton) with tugging applications.
The automation market is projected to reach a valuation of $253 billion by 2026, growing at a CAGR of 8% during the forecast period (2021-2026), as per the Global Industrial Automation Market Outlook report.To get more news about Robot Subscription, you can visit glprobotics.com official website.
Analytics India Magazine got in touch with Sangeet Kumar, Co-founder & CEO, Addverb Technologies, to understand the ins and outs of intelligent automation and how the company is supporting its customers in implementing automated workflows.
“Our products are enabled with advanced technologies such as AI, ML and deep learning, thus giving us an edge in comparison to the existing products and players in the market,” said Kumar. Sangeet Kumar: Industrial automation uses intelligent machines in operations so that the processes can be carried out with minimal human intervention. It can be achieved through several means, including mechanical, electronic, robotics, AI, ML, deep learning for leaner operation processes that require less energy, less material, and reduced labour waste. In the current era, technological advances have overcome many of the traditional limitations of robotics and automation. A new generation of flexible and versatile robots cost far less than those used in manufacturing environments today. It can be trained by frontline staff to perform tasks previously thought to be too difficult for machines— picking and packing irregularly spaced objects, resolving wiring conflicts in large-scale projects can be taken care of with the help of industrial automation.
Manual work is getting replaced by smart robots. Demand for precise production without compromising on quality, increasing need for digital transformation across sectors – healthcare, transportation, retail and favourable government policies in the manufacturing sector are driving the industrial automation market. As the potential of IoT and interconnectivity is realised, the industry is expected to grow at a fast rate in the future.
Sangeet Kumar: The automation trends that will disrupt the Industrial automation sector in 2021 include the adoption of autonomous mobile robots in the manufacturing and warehousing sector. The industry will migrate to more advanced navigation technologies such as LIDAR, RADAR & cameras. Secondly, the growth of e-commerce has catalysed the use of mobile robots in the warehouse and instigated R&D for continuous improvement. To optimise the value chain, companies are investing more in their core business and outsource the rest. Hence RaaS (Robotics as a Service) will be the new trend.
Moreover, cobots with easy configuration, app-based controls and built-in safety mechanism, including power and force limiting technologies, make them safe to collaborate with human operators. Competitive pressures and onslaught of technology such as cloud, augmented reality, etc. will prompt manufacturers to look at industrial IoT solutions. Areas like remote diagnostics, predictive maintenance, fire hydrant management shall be the first areas for disruption.
Sangeet Kumar: Artificial Intelligence gives robots computer vision to navigate, sense and calculate their reaction accordingly. AI-enabled robots are trained to handle repetitive tasks at inventories, logistics and supply chains, thereby reducing human work. From medical supplies to sanitisation, disinfection, and performing remote surgeries, AI makes machines more intelligent.
Moreover, robotics for cargo handling speeds up the operations and performance efficiency, including baggage handling, ATRS, trolley tracking and disinfection. Similarly, AI-enabled logistics processes deliver multiple benefits to growth in minimal human intervention, combined with savings in labour cost, improvement of accuracy, and cumulative savings in energy consumption.
Sangeet Kumar: We are one of the rare Indian startups which is into both hardware and software. A large chunk of 400 engineers is working in the R&D, driving our innovation through various products and building solutions that seamlessly integrate with any software or hardware in factories and warehouses. Our state-of-the-art manufacturing is the facility where “robots make robots”. With innovation being at the core of our DNA, we spend 10% of our revenue on R&D to create an extensive, affordable product portfolio for SMBs through affordable and sustainable technologies.
We have recently developed our own AI engine for text-to-speech conversion, which powers our product Khushi, a voice-based order picking system for warehouses. We have also launched Veloce, a hybrid product that adds the reach of a carton shuttle and the flexibility of a mobile robot, thus proving to be the most flexible product in the warehouse automation segment. We are also working extensively on low-cost vision picking solutions and have launched multiple variants of Dynamo (500 Kg & 1 Ton) with tugging applications.