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One general trend among technology providers – including robotics companies – is the migration away from selling products to selling services. For some types of robotic firms, a business model that relies on largely on hardware sales is simply untenable. As such, service-oriented business models are becoming more common in the robotics sector where the high upfront capital expenditures for systems and risk aversion to new technologies on part of protentional customers can impede growth. In this webinar, the business, legal, technical and operational aspects of the Robotics-as-a-Service (RaaS) business model will be analyzed and discussed. Examples of companies embracing and successfully employing a RaaS approach will be provided.
Vice President, Robotics