Robots are no longer just the preserve of vast factory floors and production lines. The technology has reached a tipping point and it’s now driving profit and productivity for smaller businesses.
Here are some examples of how and why the influence of robots is spreading amongst SMEs (and not in an apocalyptic, science fiction kind of way).
Price barriers are falling
Robots are getting smaller and cheaper. As production increases, prices are expected to fall dramatically year on year. A recent report from Market Research Reports Search Engine (MRRSE) predicts that the robot automation market will be worth a whoppingUS$16.8bn by the end of 2024.
Rise of the cobots
Cobots are now putting industrial robotics within the reach of many smaller businesses. These small,inexpensiverobots can be programmed to work safely alongside their flesh-and-blood colleagues. They can fit on a workbench, lift loads up to 10kg and easily handle repetitive tasks like picking, packing, gluing, and welding.
They pay for themselves
Of course, it’s important for any SME to take a look at theROIbefore investing in robotic automation. Robotics company, RobotWorx, has an encouraging statistic: “the typical payback for any robotic system, new or used, is between 6-18 months, depending on the size of the initial investment.”
Job creators, not killers
Although robot automation will undoubtedly spell the end of some jobs, it will actually create others. A Boston Consulting Groupstudyon Germany concluded that “intelligent automation will crowd out about 610,000 factory slots – but create 960,000 new positions.” Or asTechCrunchpoints out, “Robots will have glitches, need updates and require new parts. We will require more people with technical skills to maintain, replace, update and fix these systems and hardware.”
Powering job satisfaction
But robots aren’t just creating new jobs, they’re actually helping to create better jobs. AsVickers Engineering, Inc. a medium-sized manufacturing company in Michigan has found out: “It’s improved the quality of people we’ve brought into the business. We’re now attracting people that aren’t just looking for a paycheck; they’re looking for a career.”
Automating quality control
Maintaining ultra-consistent quality control is hard for humans. Not so much for robots. Take the ‘inspector’ robots fromBosch APASas an example. They can inspect matt or reflective surfaces and detect minor flaws like blemishes, scratches, and microfractures. Over and over and over again.
Delivering the future
At DHL, we’ve been keen to explore the possibilities of the robotic future today. We recently pilot-testedEffiBOT, a fully automated trolley that works alongside warehousing staff and does the heavy lifting for them. We were also one of the first parcel delivery services to integrate aparcelcopterinto the delivery chain. This drone technology enabled us to make deliveries to remote mountain communities in Bavaria.
What’s the verdict?
Even if your business isn’t currently ready to transition to robotic automation, it’s worth learning more about it right now. Take a look at the Next Steps section below to see how you can prepare for the robotics future.
Discover more about How Robots can Help your Business with RobotLAB!
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