CIOAdvisor Apac

  • Home
  • Vendors
  • News
  • Conference
  • Whitepapers
  • Newsletter
  • Subscribe
  • About Us
  • Specials

  • Menu
      • Ad Management
      • Application Security Testing
      • Artificial Intelligence
      • BPO
      • Contact Center
      • Data Analytics
      • Deep Learning
      • Digital Marketing
      • Digital Transformation
      • Disaster Recovery Services
      • Disinfection and Sanitization
      • E-Invoicing
      • Ecommerce
      • Govt Tech
      • HubSpot
      • Human Resource
      • ICT
      • IoT
      • Laser and Photonics
      • Leadership Development
      • Logistics
      • Machine Learning
      • Marketing Technology
      • Mobile Application
      • Parking Management
      • Payment And Card
      • SDN
      • Telecom
  • Digital Transformation
  • Logistics
  • IoT
  • Payment And Card
  • Artificial Intelligence
Specials
  • Specials

  • Ad Management
  • Application Security Testing
  • Artificial Intelligence
  • BPO
  • Contact Center
  • Data Analytics
  • Deep Learning
  • Digital Marketing
  • Digital Transformation
  • Disaster Recovery Services
  • Disinfection and Sanitization
  • E-Invoicing
  • Ecommerce
  • Govt Tech
  • HubSpot
  • Human Resource
  • ICT
  • IoT
  • Laser and Photonics
  • Leadership Development
  • Logistics
  • Machine Learning
  • Marketing Technology
  • Mobile Application
  • Parking Management
  • Payment And Card
  • SDN
  • Telecom
×
#

CIO Advisor APAC Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Advisor APAC

Subscribe

loading
  • Home
  • News
Editor's Pick (1 - 4 of 8)
left
Build Capabilities that Serve Your Needs of Today and Tomorrow

Stephen Barnham, Senior Vice President & CIO, MetLife Asia

How Organizations can Benefit from the Innovations in RPA

David Kennedy, Group CIO, Transaction Services Group

Hybrid Intelligence

Sharam Hekmat, CIO, IOOF Holdings, Australia

Redefining the CIO's Role

David Kennedy, CIO, Transaction Services Group

What challenges are organizations facing in deploying RPA?

Faisal Parvez, Director- IT & CIO, Asia, Middle East & Africa, BT

The Cambrian Robotic Explosion has Begun

David Tamayo, CIO, DCS Corporation

Is That a Robot in My Factory?

Jim McCoy, CIO, Raytheon

First Steps to Globalizing Your Business

Neil Hampshire, CIO, ModusLink Global Solutions, Inc. [NasdaqGS:MLNK]

right

THANK YOU FOR SUBSCRIBING

Factors Resulting in Huge Investments in Robots and Drones

CIOAdvisor Apac | Wednesday, January 02, 2019
Tweet

Robots and drones already have a robust stand in the industry and it is highly anticipated that spending over these would gain rapid growth in the coming years. It is evident that the use of robotics and drones will witness boost and with time passing by they will make their reach in every section of the industry from the assembly line to distribution and store management. New discoveries are taking place for improvising the technology and to make it more feasible for organizations.

Apart from industry level operations drones are usable at domestic levels making and other commercial spaces which as the whole result in high demand and purchase of the tech. The forecast has been made that both robotics and drones would receive over $100 billion spending in the year 2019 just in the industrial sector. This huge investment would also result in investment for the development of robotics-related software and enhance the user experience and efficiency of the robots and drones.

Robots provide certain advantages make then immensely useful in the industries and are resulting in high demand have been outlined below.

•  Consistency: The key benefit of robots, that they are capable to maintain consistency in processing. The chances of errors are least resulting in high productivity.
•  Reduced cycle Time and Floor utilization: With fast processing speed robots enable the owners to reduce cycle time and gain higher output in the same time. Meanwhile, floor space utilization is also one of the pros of the tech.
•  Quality and Reliability: With consistency robots also bring quality output each time to make them, highly reliable.
•  Reduced Waste
•  Lower Production Cost

Similarly, drone technology have also found grounds in different sectors and industries and as an outcome, this technology is receiving huge investment for its development.

See Also: Top Drone Tech Solution Companies In Europe

•  Media Industry is one of the earliest to recognize the potential of drones and embrace them for various operations.
•  Manufacturing industry also realized the capabilities and uses drones for surveillance and monitoring of the plant remotely but mobile. Many construction companies use the drone technology for 3D modeling of buildings which helps them in designing the floor plan better than previous.
• Transportation industry emerges as another consumer of the tech where drones will be put to deliver packages but this is still under research and test phase.

Both robotics and drones have a long journey ahead and the investment made in them is to ease the process. Making these technologies more efficient and cost-effective are the ultimate goals of the researchers.

See Also:

Top Drone Technology Solution Companies 

Top Drone Tech Consulting Companies

 

tag

Drone

Featured Vendors

  • MVI Technologies: Innovative, Future-proof Financial and Payment Switching
    MVI Technologies: Innovative, Future-proof Financial and Payment Switching
  • DATAMARK: Process Driven Solutions in Action
    DATAMARK: Process Driven Solutions in Action
  • IMACREA: Shaping the Future of Teleworking
    IMACREA: Shaping the Future of Teleworking
  • PuzzleBox BPO, Inc.: A Hybrid Platform for Customer Support and Sales Empowerment
    PuzzleBox BPO, Inc.: A Hybrid Platform for Customer Support and Sales Empowerment
ON THE DECK

Read Also

Safeguarding Quality through Proactive Risk Management

Cultivating a Culture of Agility: Nurturing Adaptability for Organizational Success

Governance for Smarter KPIs: Enhancing Performance Measurement

Embracing the Irreplaceable Human in Business and Beyond

Leveraging Gamification for Deeper Financial Engagement

Generative AI: The Game-Changer Automates Marketing For The Retail Industry

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2025 CIO Advisorapac. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedinfollow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.cioadvisorapac.com/news/factors-resulting-in-huge-investments-in-robots-and-drones--nwid-1159.html