Retail

Autonomous robots are also finding their way into retail stores, seeking to automate tedious tasks. In particular, they are being offered essentially as automated data acquisition tools, capturing data about items on the shelves with higher speed and accuracy than humans.

Here firms are positioning as full solution providers. This has many advantages. This future-proofs their business against hardware commoditization. They can accumulate hard-to-obtain and hard-to-copy knowhow and data which can then underpin their value-added data analytics services. Their customers too will be interested in a final solution and not another alien technology looking for a problem to solve. At the end of the day, they are interested only in an impact on the bottom line, be it higher stock availability, better stock positioning on shelves, or leaner inventories. As such, data-centric service-orientated models can be win-win propositions.

This shift towards non-traditional business models permeates every sector. It is happening even with cars where the rise of mobility is fueling serious debates about the future of mobility and the role of autonomous taxi fleets and shared facilities. In general, even if the business models are not radically redrawn, the profit pool within the value chain will be re-balanced. This will change the winners and losers and will demand that all participants begin looking ahead and planning now.

To learn more, please visit www.IDTechEx.com/robotics or contact research@IDTechEx.com.

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SOURCE IDTechEx