ROBOT AS A SERVICE MARKET ANALYSIS

Key Developments

• In March 2023, Körber, a prominent automation solutions provider, announced the launch of a new Robot-as-a-Service (RaaS) program. This program aims to help Körber's clients gain access to a global network of robotics service partners, enabling them to leverage advanced automation technologies and solutions without the need for significant upfront investments or in-house robotics expertise.
• In November 2022, Smart Robotics Inc. introduced a collaborative robot (COBOT) that can select products from production facilities owned by businesses. This smart robot, designed for lightweight items such as office supplies and papers, is a part of the company's efforts to provide innovative, user-friendly, and flexible solutions for packaging and logistics applications in various industries.
• In February 2022, Ricoh Company, Ltd. acquired Axon Ivy AG, a Swiss-based digital process automation company, as a strategic investment to expand Ricoh's capabilities in digital services and support its transformation into a global digital services provider.
• In May 2020, IPsoft's conversational AI platform Amelia and the Canadian automation company GlobalDWS collaborated to develop disinfection service robots (DSR). These robots are equipped with high-pressure atomizers to eliminate harmful bacteria and viruses from target areas.