Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
Global Improvements with Robotic Technology
Guest Post | Dec 19, 2022
Image: Unsplash/ThisisEngineering RAEng
There are multiple reasons why robotic technology is making waves in many industries. From improving customer service to reducing waste, it has a positive impact on a wide range of businesses and industries. So, whether you are an entrepreneur looking to increase efficiency or a business owner looking to cut costs, keep reading to learn more about the amazing global improvements that can be made with robotic technology.
Robotics is often thought of as a job for those in the manufacturing industry, but that is not the only place where it can be used. Robotic technology has been increasing in popularity for use in a variety of fields, including logistics, the adjustable standing workstation building industry, retail, and even healthcare.
How Artificial Intelligence and Robotics Change the World
Robotics has become an integral part of everyday life around the world, whether at work or home. From delivery drones to self-driving cars, robotic technology has been responsible for numerous global advancements. Let’s look at some of the ways robotic technology improves people’s quality of life:
New Kinds of Jobs
One of the most important benefits of robotic technology is that it creates new kinds of jobs. For example, a company may use robotic technology to build and maintain towers.
Previously, this job would have been done by humans using ropes and scaffolds, but now robots can do the job much faster and safer. It has led to an increase in jobs in fields like construction, engineering, and maintenance.
Improved Customer Service
Robotic technology also allows for improved customer service. Instead of having one person handle all customer interactions, a business can use robotics to create more efficient line systems with multiple workers. In addition, robots can provide customers with a more personalized experience by taking into account various customer preferences.
Reduced Costs
Robotic technology also reduces costs in many industries. For example, self-driving cars require less maintenance and are cheaper to operate than traditional vehicles. It has led to an increase in businesses that rely on robotic technology, such as taxi companies and ride-sharing services.
Improved Quality of Life
In addition to improving business efficiency and reducing costs, robotic technology also improves the quality of life for people around the world. For example, elderly citizens no longer have to spend hours each day walking to the grocery store.
Instead, they can use a robotic cart that takes them to the food they need without having to expend any energy. Similarly, people with disabilities can now enjoy regular activities such as gardening and cooking without risk of injury.
A Decade of Progress Enabling Autonomy
Robotic technology has come a long way in the last decade, and there is no sign of it stopping. This technology seems to be only getting better and more versatile with time. With such significant benefits for businesses and consumers alike, it is hard to imagine a world where robotic technology is not mainstream.
Agile Production Systems
It is no secret that the global economy is changing rapidly. With new technologies emerging all the time, it can be hard to keep up with all the changes.
It is where agile production systems come into play. These systems allow businesses to quickly test new ideas and prototypes to improve their products and remain competitive in a constantly shifting market.
Working Alongside People
Robotic technology is not intended to replace people but to work alongside them. This means that humans must still be able to understand and operate the machines. In some cases, this may involve training employees in new skills, such as machine operation or software development, so they can use robotic technology effectively.
Easy Integration
Robotic technology is not only easy to use, but it also integrates easily into existing processes. It means that businesses can quickly adopt robotic technology without having to make any big changes to their current operations.
It is one of the main benefits of agile production systems. They allow businesses to rapidly adapt and change to stay ahead of the curve.
Robots Take on New Roles
There are now a wide variety of different roles that robotic technology can play in businesses. From manufacturing to logistics, robots can take on a wide range of tasks and responsibilities. It means that businesses no longer have to rely solely on human workers for certain tasks.
AI and Robotics’ Impact on the Workplace
Robotic technology is not intended to replace people. However, it does not mean AI and robotics are irrelevant to the workplace. They can have a big impact on how businesses operate.
For example, robots can help companies automate certain processes so they can focus more attention on other areas of their business. It lowers costs, frees up employees for more important tasks, and enables businesses to identify potential problems early in the manufacturing process, avoiding costly repairs.
See: Gmail Creator Says AI Could Replace Google’s Search Engine Results Page Within 2 Years
Robotics technology is slowly but steadily making its way into the mainstream. Some may regard robotics technology as too expensive or difficult to use, while others begin to embrace it. If you are ready to take your operational processes to the next level, start right away, and robotic technology will guide you to success.
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