*This conference session requires registration and payment.
Why Your First Robotic Automation Project Should be Small and Simple
Due to labor availability and rising costs, more companies are considering robot-based automation projects for the first time. The initial challenge facing these first-time robot users is: where do I start? Selecting the right task to automate often sets the tone for future projects and failure with the first project often means that it will be the only one. The keys to a successful project are identifying the right task, clearly establishing goals and "selling" the project to management to get funding. Starting small and simple is often the best strategy. In this session, I will describe why this is the case and provide a few examples of small but meaningful robotic automation projects.
Scott Strache - Mitsubishi Factory Automation
The Hidden Factors in Calculating a Robot’s ROI
Many companies know they need robots to help improve productivity and reduce costs, but they sometimes do nothing for fear of the cost. Robotic systems can have an ROI in as little as 6-12 months. This is because ROI is based on more than just calculating the hourly wage of a human operator to do the same job. There are many other business costs and higher profit potential to consider before figuring out if a robotic system is a good choice for your company. Only when all these numbers have been calculated will you arrive at a true ROI. Learn about calculating the true ROI of robots.
Steve Apel - Acieta