Moreover, the report also provides a realistic picture of the state of both traditional and emerging markets. The advantages and disadvantages of investing in these markets are discussed at length in the Industrial Robot market report. Companies in the Industrial Robot market have realized that innovation is of utmost importance for sustained growth. In keeping with this pressing need for innovation, the report tracks latest developments and analysts have dedicated substantial efforts toward spotting new business opportunities.
Manufacturing plants are frequently long aisles of nothing but robots, no human in sight. Beyond industrial robots that repeat actions, more intelligent robots loaded with sensors, cameras, and intelligent software are able to automate process using controllers to manage action. Use of microprocessors provides a measure of intelligent control over the activity of the robot based on input from the sensors and the cameras.
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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 .”
”Re-inventing manufacturing” almost sounds like the mission statement of a Technocrat or Futurist looking to capture the utopian dream. Indeed, but why can’t we? After all, Henry Ford’s assembly line is a pretty old concept. Yes, certainly we have made incremental advances and yet, what about the proverbial ”OMG” revolutionary innovations, and ”leap-frogging” type paradigms shifts in the manufacturing sector? I guess we are still waiting for those aren’t we? We don’t have Star Trek assimilation machines yet, I suppose someday we will, and I hope the US is the nation to bring such dreams to fruition.
Efficient systems. Finance and accounting groups often need to access and consolidate information from a range of different applications and systems. This tedious work, often involving intermediate spreadsheets, can present high workloads at month end, the end of a quarter and year end. Robots perform this work fast and seamlessly, as if there was really just one integrated system. Robots can be configured and trained to do this work in a matter of weeks, when it would take years for an IT group to integrate the disparate systems to the same degree.