Industry 4.0 – often referred to as the fourth industrial revolution – has been around for a while, but it is enhancing its scope constantly, and its benefits are only becoming clearer as advances continue.
Quite simply, Industry 4.0 is the rise of the robots; it is the transformation of manufacturing processes thanks to digitization, automation, machine learning and technological progression, and it has revolutionised how products are designed, created and distributed.
Such hardware is fed with ever-increasing streams of data that ensure the most effective and efficient manufacturing solutions can be unearthed, meaning that all operational processes are faster, more cost-efficient and use as little energy as possible.
This is, of course, something that all businesses – regardless of sector or size – should be aiming for if they are to succeed in both the short-term and long-term. However, gaining such high-end machinery, harnessing the processing power of software that can understand and analyse reams of data, and integrating the technologies that can make everything run seamlessly, is not only a task that requires a lot of consideration and care, but it can often require a hefty up-front financial injection.
Luckily, that’s where Robots-as-a-Service (RaaS) comes in.
The benefits of RaaS
Making use of Industry 4.0 technologies does not mean that you need to own a particular machine or computer program. When you buy Netflix, you pay a subscription service that allows you to watch as much TV content as you wish; you don’t own the shows, but you do have access to them.
This is pretty much how RaaS works. By ‘hiring’ or leasing robotic equipment, and by paying a subscription service that allows your devices to link up with relevant software – and sometimes with each other – the benefits of Industry 4.0 can be attained without the need for a huge monetary outlay at the outset.
RaaS is flexible because you only have to pay for services and equipment when you require them, there is a lower cost of entry than has traditionally been required in manufacturing because nothing need be bought outright, and scaling up or down can be done quickly and without the need to buy/sell machinery every time you want to change production methods or outputs.
If you’re interested in hiring the machinery or software that can help your business to thrive, why not get in touch with us today? We’re available to help you figure out exactly what you need, how long you’re likely to need it for, and how we can assist you and your business going forward.