Every once in a while, a new technology, an old problem, and a big idea turn into an innovation. This is the era of innovation. Emerging technologies such as Augmented Reality, Big Data, Cloud Computing, 3D printing, etc are making the manufacturers to rethink their production & manufacturing processes. The entire value chain of activities is undergoing a paradigm shift due to the intervention of these technologies and businesses are investing a huge sum in implementing and adapting them. Material handling is one of the core aspects of intra-logistics and inter-logistics operations technology up-gradation is essential to achieve the complete efficiency in the value chain. Introduction of automation for various movements inside the four walls of the warehouse to ensure safe, accurate and speedy handling of material is gaining popular attention. One of the most efficient and widely used automation solutions for intra-logistics operations to carry out these movements more efficiently is Autonomous Mobile Robots (AMRs).
AMRs can be easily integrated into any warehouse without any major change in the existing layout of the facility. These bots run on artificial intelligence and coordinate with a cloud-based system where it assigns tasks according to the operational requirement. They are also environment-friendly and can perform the task in any type of physical condition whether there is a low ceiling, poor lightening or inadequate HVAC. These mobile robots do not need any training to perform their operations, unlike the manual system where it involves huge training costs. Generally, the payback period for mobile robots is 3 years.
The growth of e-commerce in the current period has catalyzed the use of mobile robots in the warehouse and instigated R&D for continuous improvement. In order to optimize the complete value chain, companies specifically in this industry are interested to invest more in their core business and outsource the rest. Hence RaaS (Robotics as a Service) as a practice is coming up in conversations in recent days.
According to ABI research, there will be more than 1.3 million RAAS deployments worldwide by 2026. Because of its flexibility, high throughput and scalability organizations are finding RAAS as a more effective way to adopt in warehouses. It helps small, large and medium businesses to meet the growing demand and overcome major challenges faced while performing warehouse operations. Companies such as Fetch Robotics, Omron, Milvus, Ottomotors, Geekplus, MIR, Locus Robotics are some of the well-known names in the sphere of mobile robots. Meanwhile, Addverb Technologies has Dynamo in its kitty which is an autonomous mobile robot having a high payload capacity. It can be flexibly integrated into any warehouse organization and can be used for Goods-to-person picking of materials. Its natural navigation makes it possible to navigate it in the existing environment.
With Industry 4.0 on the forefront, the integration of advanced techniques and technologies with the movement across the warehouse will transform the conventional manufacturing processes and bring along great opportunities for manufacturers and end-users in the mobile robot market.