While the other industries prepare themselves to reap the rich benefits that robotics brings, the robotics industry in itself is facing the challenge to find and hire the right talent. At present, the skill gap in the robotics industry is not merely hampering its own growth, but also of all the other industries which can be transformed by robotic deployment.
Circa 2009, the time when the global economy had not started showing any signs of recovery after the 'Great Economic Depression'. Even as most global businesses languished in distress, making capital expenditure a dream, there was a silver lining that did not capture anybody's attention. The world was gradually waking up to the power of automation across industries. An International Federation of Robotics study suggests that in such a bleak economic scenario, the global sales of robotics automation solutions had showed an upward trajectory in 2009, and, has since grown by a whopping 400%.
Robotics has redefined several industries such as manufacturing, ecommerce, logistics, retail, healthcare, and hospitality etc. to grow in scale, optimize costs, increase accuracy, and enhance the overall experience for the end user. For instance, only about 1,000 robot assisted surgeries were performed around the world in 2000. The number had dramatically gone up to about 5, 70,000 in 2014, and is well expected to have crossed the two million mark by 2015. High precision procedures during the surgery can be handled by robots (under human supervision) to increase the chances of success. The Henn-na Hotel in a Netherlands-themed amusement park in Nagasaki, Japan is definitely worth a visit since it is completely staffed by multilingual robots that can process language to understand the orders and requirements of its guests and take care of them.
This story is from the December 2017 edition of Human Capital.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 2017 edition of Human Capital.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The 'What' And 'How' Of Business
While the zealous focus by companies towards acquiring talent and leveraging their skills to the fullest is evident, companies falter after this juncture since they believe that merely hiring someone appropriate for the role will get the job done.
10 Ways Of Destressing
It is important to understand that being stressed is not a shortcoming and is a normal human reaction to work or life pressure. Successful people garner help and support from their peers when there are excessive tasks at hand.
Co-Creating Learnings From Customers
When we seek to learn, we look for resources individually, and, if we are blessed to be working in an organisation which invests in employee learning, we seek to make the most of available opportunities.
Talent management - The Vital Elements Of Strength
Talent management is the assured business strategy that will ensure the attraction of top talent in competition with other employers.
Tips To Maintain A Healthy Work-Life Balance
In the journey to excel as a working professional, one is affronted with excruciating expectations. And building a healthy balance between work and personal life gains significance with respect to leading a stress-free life.
5 Strategies For Tailoring A Technical Career Growth Path
While we focus on ensuring an attractive track for the "techies", it is also important to realise that with the changes brought in by the digital era, the requirement of "pure" management and managers is reducing.
Creating Culture As The Brand: The OPPO Way
In 1978, John Mackey and Renee Lawson borrowed money from friends and relatives to start SaferWay, an outlet for natural foods in Austin, Texas.
The Digital Panorama
Today's organisations are not a collective of bosses and followers. Agile network of leaders and collaborators use digital technology to push through customer focused innovation. Human Resource teams should be able to identify and equip these leaders with essential skills, tools and platforms to remain competitive and relevant at all times.
The Happiness Survey
Happiness and productivity, though not interchangeable, are definitely interconnected with each other. You can be happy, and hence, productive at work; and / or, you can be productive, and hence, happy at your workplace.
Its All In The Game - Gamifying HR Experience
Human-focused design recalls that people have feelings, insecurities, and reasons for doing certain things, and optimises as per their feelings and motivations. From LinkedIn's skill endorsements to likes on Facebook, from badges at work to names on the leaderboard, gamification has sneaked into our lives unnoticed.
