MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Exoskeleton Technology Poised to Transform Factories of the Future Finds Frost & Sullivan - Automation and artificial intelligence are paving the way for human robotic collaboration and new growth opportunities, finds Frost & Sullivan’s Visionary Innovation Team - Frost.com
Exoskeleton Technology Poised to Transform Factories of the Future Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2016/11/15 - Automation and artificial intelligence are paving the way for human robotic collaboration and new growth opportunities, finds Frost & Sullivan’s Visionary Innovation Team - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Exoskeletons, both passive and active, will see higher adoption across industries such as automotive, manufacturing, defense and healthcare. In factory settings, they can empower workers, improve ergonomy and provide safety by increasing automation, thus improving quality, reducing waste, and lowering levels of absenteeism due to injuries. Understanding the costs, benefits and return on investment (ROI) of exoskeleton integration into assembly lines could also be the first step toward human robotic collaboration (HRC).

“Exoskeletons will play a critical role in the future of smart factories,” noted Frost & Sullivan Visionary Innovation Group Research Analyst Vijay Natarajan. “By 2020, firms across most industries will use some form of exoskeleton technology and by 2025, concepts such as HRC will likely replace exoskeletons, resulting in increased collaboration between humans and robots.”

Analysis of Exoskeleton Technology Implementation in Future Factories is part of Frost & Sullivan’s Visionary Innovation (Mega Trends) Growth Partnership Service program, which examines the Mega Trends shaping the world, highlighting macro-to-micro implications on business and society. The subscription provides insights on various topics such as Future of Logistics, Benchmarking of Smart Cities, Fintech Revolution, Future of Work and Implications of Brexit.

The potential for seamless integration within a factory setting, lower maintenance costs, and an attractive ROI with a payback period of less than one year indicate tremendous promise for the exoskeleton technology, but challenges remain:

Currently, there are no regulations that bind exoskeleton use on factory floors. Proper regulatory framework needs to be incorporated to ensure that safety requirements pertaining to technology use is met.
A negative perception of machines replacing human beings, instead of assisting them, lingers. Further, the debate about who is in control, the machine or the user, is a concern among most users.

As significant cost benefits in terms of productivity and insurance for workers propel exoskeleton technology forward, several players are offering innovative solutions. These study features case studies on several new solutions from innovative companies such as Noonee, Exso Bionics, Cyberdyne, Active Bionics, Robo Mate Consortium, Lockheed-Martin, Bioservo Technologies, and Sarcos.

“The evolution of artificial intelligence and machine learning will eventually result in intelligent autonomous robots that sense surroundings and work effectively with human beings to initiate multi-fold levels of efficiency,” said Natarajan. “In that sense, exoskeletons have a very unique role in future human-robot or cobot factories.”

About Frost & Sullivan

Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing / Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Exoskeleton Technology Poised to Transform Factories of the Future Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Anna Zanchi - Frost.com 
+39 02 4851 6133 anna.zanchi[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing / Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing / Robotics Most Recent Related Newswires:

ANDRITZ to Deliver DCS Checkout and Operator Training Simulator for Klabin’s Puma II Project, Brazil
Tripp Lite Launches Game-Changing Aisle Containment System At Data Centre World 2020
ABB Launches New Smart Temperature Monitoring Relay
ABB Launches New Optical Consistency Transmitter Sensors to Improve Retention Measurement
DSM to Expand Investments in High Performance Materials in North America
ABB to Launch Predictive Maintenance Solution that Helps Customers Minimize Environmental Impact and Increase Safety
ABAT US Establishes New Operations in South Carolina
DSM to Acquire Glycom to Accelerate Growth in Early Life Nutrition
PPG to Highlight Barn, Shed, Building Product Coatings At 2020 Frame Building Expo
KRAIBURG TPE Offers A Range of the THERMOLAST® M TPE Series for the Medical Industry
KRAIBURG TPE to Launch the World’s First Weight-saving Thermoplastic Elastomers
BASF At Simac Sustainable and High-Tech Solutions for Footwear
ABB to Deliver its Latest Digital Solutions to the Double A Pulp Mill in Thailand
Prodigy Cabinetry Establishing Operations in Greenville County, South Carolina
Vegan LANXESS Processing Promoter Ensures CO2 Savings in Tire Production

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  RightITnow, Inc.





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)