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Tips for Implementing Robotic Automation Tools

Robotic automation can spur greater efficiency, deliver better results, lower costs and increase flexibility, but companies need to have the right tools to make the robot's application successful.

When implemented correctly, robotic automation can spur greater efficiency, deliver better results, lower costs and increase flexibility — for small and mid-sized enterprises (SMEs) and larger-scale manufacturing companies. However, businesses must have a sound and strategic vision of robotic automation before pursuing it. They should understand how it will be introduced and to which applications, outline its potential benefits, and clearly understand the unique budget and operational strategies.

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The Growth of the Global Service Robots Market

Service robots are engineered to assist humans and perform useful tasks on their behalf. In recent years, improved ease of use, quality, and lower operational expenses have increased worldwide acceptance of service robots. A Market Research Engine report says that the Global Service Robotics market is expected to reach almost $24 billion by 2022. The market is projected to have a compound annual growth rate (CAGR) of more than 15%.

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