The global cloud-based smart robotics market is becoming increasingly competitive as new players are entering in the market. A lot of new players have emerged in the market that provide advanced cloud robotics platforms for different industries and applications. These companies compete in terms of technological innovation, functionality of the system, and cost. Leading companies, such as Amazon Robotics, IBM Corporation (U.S.), Intel Corporation (U.S.), Google LLC (U.S.), Microsoft Corporation (U.S.), and C2RO Cloud Robotics (Canada) are adopting inorganic growth strategies such as mergers & acquisitions to strengthen their product portfolio.
Obtain the Sample Report at: https://bisresearch.com/requestsample?id=585&type=download
In order to proficiently persist and prevail in such a competitive environment, the key companies need to provide cost effective and high-quality services. The existing companies as well as new entrants, which employ innovative solutions to cater to the demand for different end-users will benefit from this untapped market potential.
Amazon Robotics, IBM Corporation, Intel Corporation, and Microsoft Corporation are some of the prominent companies because of their wide range of product launches and partnerships, collaborations, contracts, and agreements. These companies together acquired the highest competitive strength in the global cloud-based smart robotics market. These companies acquired high competitive strength in the global cloud-based smart robotics market and also have significant regional presence.
Some of the other key players contributing to the global cloud-based smart robotics market includes Aethon, C2RO Cloud Robotics, Cisco Systems, Inc., CloudMinds, Fetch Robotics, Inc., Huawei Technologies Co., Ltd., KUKA AG, Omron Adept Technologies, Inc., Ortelio Ltd., Rapyuta Robotics Co., Ltd., and SoftBank Robotics Holding Corp. These companies are working towards improving their product portfolio and extend their regional presence. With ongoing efforts of industry players to develop high end solutions for different end-users, the global cloud-based smart robotics market is anticipated to grow at an exponential rate in the next five years (2018-2023).
In 1960s, a new concept was rising which was called “the cloud” which meant the remote access of the centralized servers of very high storage capacity and processing strength. During the same time the concept of cloud computing emerged. This concept was the intergalactic computer network, which shared the common storage space and processing strength and shifted the complex processing tasks to the cloud. During the last decade (2009-2018) the cloud-computing technology has served to revolutionize both the enterprise IT and supplier landscape. In addition, the cloud computing technology has evolved from being promoted by the service providers to becoming the mainstream requirement of most of the modern enterprises.
Read Report Overview at: https://bisresearch.com/industry-report/global-cloud-based-smart-robotics-market.html
The robotics industry is witnessing several exciting changes and cloud robotics is one of them. The robotics is changing the lives of people across several end-users that include industrial, residential, and commercial, among others. This transformation has been possible owing to the incorporation of technologies such as artificial intelligence (AI). simultaneous localization and mapping (SLAM), and IoT in the field of robotics. The incorporation of these technologies has led to the need of cloud computing technologies to process the information and avoid latency.
The “Cloud Robotics” was introduced in 2010 by James Kuffner. The introduction of cloud robotics concurred with the rise of the internet of things (IoT) in 2010 where many connected appliances with affordable processors were able to connect and communicate.
