Robotics as a Service (RaaS) is a unit that integrates artificial intelligence (AI) with cloud computing and shared services. Robot as a service (RaaS) is gaining popularity, as businesses are increasingly adopting RaaS platform owing to its flexibility, scalability, and lower cost as compared to the traditional robotics platforms. The RaaS platform allows small- and medium-sized businesses to get benefit from the platform without high initial investment. For instance, Honda, a Japan-based automobile company introduced robot as a service (RaaS) platform in order to provide diverse range of robots and cloud-based data services to SMEs and large enterprises to support communication, robotic cooperation, and data sharing.
Market Drivers The growing adoption of professional robots in many sectors is expected to drive market growth during the forecast period.
This story is from the August 2021 edition of Food & Beverages Processing.
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This story is from the August 2021 edition of Food & Beverages Processing.
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