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Industrial Robots

traceability on its expansive lines.

The numbers speak for themselves.

Having new opportunities at

hand, thanks to the 4th Industrial

Revolution, companies seem to

re-shape their strategies. Hybrid

business models are becoming

more and more popular. This new

constellation allows participating

product providers and service

providers to share core competencies

to develop products and services

together or companies with the

means to expend their market reach.

“Smart products” do not only have

physical characteristics, but are

also provided with sensors which

allow traditional manufacturers

to integrate their products with

high-quality services, to enhanced

customer and supply partner

experience. A prefect example is

Michelin, which introduced it’s new

sensor-equipped tires. With the data

received on fuel consumption, tire

pressure, temperature, speed and

location and the necessary analytics,

they are now able to coach truck

fleet drivers on how to save fuel.

Another hybrid model success story

is Daimler, with its Car2Go service.

With equipping their Smart cars

with the necessary information

technology, they have taken their

business beyond simply building

cars to renting them. Both these

companies entered a new market

by improving their original products

by utilizing what technology made

possible.

Since for some businesses, as

proven previously, automation is

unquestionably an improvement

with financial benefits, the demand

for industrial robots is getting bigger.

According to the International

Federation of Robotics, while in

2000 there were 750.000 robots in

operation, this number increased

to approximately 1.8 million by

2016. They are expecting a further,

more rapid growth in stock of

industrial robots having 2.6 million

robots in operation by 2019. The

fact, that in 3 years the increase is

supposed to be almost 50%, makes

some experts quite concerned and

recognize robotic automation as an

“inevitably disruptive force”. The

World Economic Forum predicted

that robotic automation will result in

the net loss of more than 5m jobs

across 15 developed nations by

2020.

On the other hand though, according

to one of the articles in the Harvard

Business Review, if human workers

could fully be replaced by robots than

greater employment drops would be

experienced in countries with higher

investment rates in automation, but

so far there is no proven relationship

between a countries use of robots

and the percentage of manufacturing

job lost.

With the title “Robots Will Take Our

Jobs - But We Will Adapt” the TIME

published an article in which they

explain how this extremely fast and

dynamic change caused by robots

and Artificial intelligence can be

beneficial to everyone. Tyler Cowen

and other experts have suggested,

that “humans must develop skills

that complement the functions that

computers and AI systems perform

well.”

We should think of Industry 4.0 as

a change in life we can’t ignore. It

will mean a shift in the labor market,

a new way of manufacturing, it

opens up a completely new era. One

can take advantage of it by being

proactive and having an open mind,

it’s time to be pioneers.

New-Tech Magazine Europe l 39