Locus Robots as a Service (RaaS) is the smart, innovative, subscription-based program that makes it easy to add powerful autonomous mobile robotics to your warehouse operation.To get more news about Robotics as a Service, you can visit glprobotics.com official website.

Locus RaaS lets you shift capital expenses for automation to operational or labor expenses. The minimal initial investment means a simpler budget approval process and dramatically shortens your time to ROI from years to months.

Flexibility to seamlessly scale as your needs grow
The Locus RaaS program reduces the typical operational costs and technology barriers usually associated with conventional, capital-intensive automation solutions that often can take years to deploy. There’s no hidden capital-intensive expenses or expensive maintenance contracts. You’ll always have the latest software updates and hardware. And, you’ll be fully supported by our world-class operations support team that will make sure everything is always running smoothly 24/7/365.

Whether it’s identifying warehouse infrastructure enhancements, helping manage inventory optimization and slotting, optimizing bot operations, and more, we free you to do what you do best: deliver for your customers.
From all indicators, robots as a service (RaaS) is growing rapidly. ABI Research predicts there will be 1.3 million installations of RaaS by 2026 generating $34 billion in revenue. Let’s look at what robots as a service entails, the reasons for its growth and some companies that offer RaaS solutions and the tasks it can support.

Many are now familiar with the concept of software as a service (SaaS) or big data as a service (BDaaS), the pay-as-you-go or subscription-based service model. In a similar set-up, those who sign up for robots as a service get the benefits of robotic process automation by leasing robotic devices and accessing a cloud-based subscription service rather than purchasing the equipment outright. The headaches of ownership, such as paying off an expensive piece of equipment plus handling maintenance issues that spring up, are avoided with RaaS.

What has caused RaaS to gain in popularity?

Businesses are increasingly intrigued with RaaS because of its flexibility, scalability, and lower cost of entry than traditional robotics programmes. These attributes allow small- and medium-sized businesses to benefit from robotics without the often cost-prohibitive initial investment.

Typically, robots are used to replace lower-paying jobs done by humans at companies. But, since robots are quite expensive, it can take years before companies do realise a return on their investment. This reality has kept many smaller organisations from investing in robots. That’s one of the reasons RaaS is quite appealing today. RaaS also gives organisations the ability to scale up and down rapidly and easily in response to changing market conditions and client needs. It offers more predictable costs and less upfront capital to get started.

Globalisation has also reduced the cost of hardware. It’s also easy to sign up and find powerful and cheap cloud computing solutions that allow robots to be offered as a variable cost service with subscription packages. Additionally, companies are already comfortable with the business model, thanks to many of them already using the software as a service model.

There are many companies in several industries that are benefitting from RaaS from warehouses and fulfilment centres to healthcare and security. As other sectors realise uses for robots, RaaS lowers the barrier to entry for them to test them out and experiment with robotic solutions.