According to Research Analyst, principal author of the market research study, “Industrial robot vendors have discovered that with intelligent use of new technology, they can dominate an aspect of some manufacturing automated process for a particular sector. As the early adopters in the auto industry have proven, robots do the work cheaper and better than humans once a repetitive process has been evolved. Industrial robots make the difference between winning competitive advantage or losing it. Solutions offered by vendors are creating market growth opportunities .”
Industrial robots accomplish tasks such as painting, welding, assembly, and product inspection with speed and precision. They do not tire like humans and perform repetitive actions reliably without getting bored, which leads to high productivity at a low cost. These attributes make industrial robots invaluable to manufacturers in many industries.
Other robots use machine vision systems to perform complex tasks, such as weld inspection and optimization in the automotive industry. These usually involve elaborate actions and motion sequences, which the robot may even have to identify itself.
If you employ these systems, then make sure that you are well aware of them. The first thing to know is how they are programmed, and for that, you need to understand Robotic Process Automation Software. This is what makes a robot tick.
The Forex money managers, traders or simply those previous employees from the currency trading wings develop complicated algorithms which make the task of reading the market a lot easier. They mix it with precious trader experience. All this cumulatively become an automated Forex robot.