The demand for cloud robotics is rapidly increasing among different end-users for an array of applications across the globe, according to a recent market report by BIS Research. The rise in demand of cloud robotics is attributed to its cost-effectiveness, low requirement of infrastructure and enhanced process efficiency with the use of cloud robotics.
According to the same report, in 2017 the cloud robotics market accounted for a market value of $2,425.9 million, which is anticipated to grow at a CAGR of 30.40% from 2018 to 2023. The report includes a detailed analysis of the key industry players, including information about their product offerings, financials, and SWOT analysis. Ortelio is one of 15 companies reviewed, which are, in alphabetical order, Aethon, Amazon, C2RO, Cisco, CloudMinds, Fetch Roboticsx, Huawei, IBM, Intel, KUKA, Microsoft, Omron, Ortelio, Rapyuta, Softbank.
Cloud robotics primarily aims to join robots with cloud computing, cloud-storage and high-speed communication resource. The main aim of the cloud robotics is to shift the computational and storage tasks to the cloud in order to reduce the burden on the device and utilize the higher storage and processing capabilities available on the cloud. Ortelio’s cloud robotics platform (Noos), supports robotic collective intelligence. By delivering AI-enabled services in real-time via the cloud, Noos significantly enhances the usefulness of service robots. Our long-term vision moves further away from conventional robots seen as mobile platforms, and merges cloud computing with robots, where the physical robot is simply a proxy for a much more powerful and intelligent system that resides on the cloud.