The Rise of Robots.
According to BusinessWire, the robotics industry is projected to register a CAGR by more than 25% from 2020 to 2025.
According to a report done by Mckinsey, robots now exist for most applications from materials handling to assembly. Furthermore, improvements in sensors technologies, such as tactile and vision systems, make robots even simpler to implement, making it even more accessible to various markets, helping countless of people around the world. There has also been an increase in computing power, giving robots artificial intelligence (AI) capabilities.
With the penetration of robotics and automation in every industry, how will industries change to adapt? How is impact measured in robotics companies? What problems could hinder the growth of the robotics industry?
To answer these questions, I speak to Chorch Ang, CEO of Sesto Robotics, for his insights.