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Why Small Businesses Must Invest in Robots

small businesses invest in robots

Robotics is delivering a host of benefits to small businesses and the rest of the global economy.

No wonder more and more businesses turn to robotics to streamline operations. With this trend expected to continue, have you ever wondered what the workplace of the future would look like?

Some analyses infer that a huge percentage of the current employment will be taken over by robots. Hence, the use of robots is expected to increase.

On the other hand, the recent move by Mercedes to replace some of its production robots with people to keep up with the growing demand for more customisation options, indicates that people and robots can and will continue to work together.

Either way, robots undoubtedly benefits businesses and they are here to stay. Thus, it’s time to look at how they can work for you.

Here are the reasons small businesses must invest in robots and the potential advantage in making such a move.

Robots are more affordable than ever

Gone are the days when a single robot would cost at least $100,000. This is way above what most small businesses can afford without hurting their bottom line.

Today’s evolutionary robots, according to Barclays, cost an average of $24,000 each. There are even small robots which don’t cost more than $10,000.

This price tag can also be considered reasonable as a single contemporary robot can perform various tasks.

It’s easier to use robots today

You’d only need to use a tablet to program your robot or move its arm in the required pattern. Thus you don’t need to hire a qualified programming engineer.

Robots have become much safer to work with

robots for small businesses

Today’s robots don’t work in cages. The collaborative robots can work with people in the same environment, thanks to advanced sensor and vision technology. Thus, if you are on it’s way, you won’t get hurt because the robot will stop moving.

Robots are versatile today

You’ll find them in homes as vacuum cleaners or laundry robots, or in offices and industrial environments completing some of the risky or monotonous tasks.

These automatic machines are now smaller and can adapt to various environments. They also come in different shapes and sizes depending on the kind of task it is expected to do.

This means they can help automate most of your production activities.   

Robots can significantly boost productivity

For the most part, robots are used for mundane or repetitive tasks. These are perfect for them since they will not feel bored or tired.

Moreover, robots will work the same way and at the same pace, hence, it will have the same production momentum throughout.

By automating the most repetitive and mundane parts of your company’s production processes, you can free skilled employees to focus their energy on more important tasks.

If a robot is filing papers, responding to general enquiries or taking calls throughout the day for instance, business managers and other key workers have the freedom to focus on product development and other such key business processes, social and/or emotional component of the product or service.

Say goodbye to errors

Humans can commit costly errors, robots cannot. These machines are simply not affected by ambiguity. They can follow the standards you set and have no room for errors.

In contrast.  human workers could miss some important details or make mistakes because of burnout or fatigue.

Robots can help you control labour costs

Most companies are struggling with labour costs. It is worse in cases where there is high staff turnover. Recruitment cost and the cost of training new staff, can cumulatively take a toll on your bottom line.

This cost is cut significantly when you automate. because you trim the number of workers you need.

What if a company can keep its labour costs at an all-time low while simultaneously increasing productivity? That’s a double blessing. And investing in today’s robots makes it all possible.

Wrap up

Robotics and related technologies already permeate the modern workplace and homes in a huge variety of forms.

This is so because business have realised the value these machines give — lower recruitment cost, lack of salary requirement, low maintenance cost and constant productivity, among others.  

In view of this, it’s time to reap these benefits by  looking into areas where robots can work together with people and help your business thrive.