Are We in the Era of Robot-As-A-Service?

IndustryTrends

Robotics-as-a-service (RaaS) allows companies to rent robots instead of purchasing them outright, making automation more affordable.

RaaS models offer flexible financing options, such as time-based leases or task-based leases.

Robotics companies take on more risk with task-based leases, as underutilization could impact profitability.

Hybrid approaches, where companies lease and buy robots based on needs, are common in RaaS models.

Several robotics companies, such as Aethon, Cobalt Robotics, InVia Robotics, Locus Robotics, and Relay Robotics, offer RaaS options to customers.

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