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Automation, Robotics & the IoT

Published on Jan 23, 2016        automation robotics IoT
Presented by:  Financial Times
Published on January 23, 2016

Credit:  William Kern, World Meets America – Host

Digitization and the rise of robotics could lead to huge job losses – but will also create new opportunities. FT deputy editor John Thornhill reports from the World Economic Forum on how gains from artificial intelligence could be distributed.



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Automation robotics IoT. In fact, in the field of automation robotics IoT and industrial robotics, the IoT has been well underway for a few years now. Back in 2013, one of our top takeaways from RoboBusiness 2013 was how automation robotics IoT is an important concept in robotics. Then, in our recent takeaways from RoboBusiness 2015, we heard about numerous examples of companies using IoT concepts. Digitization and especially work automation trends are changing or even disrupting entire industries. A recent study identifies four fundamentals of workplace automation robotics IoT: automation of activities – robotics, redefinition of jobs and business processes – automation; the impact of high wage of occupations; and the future of creativity and meaning in conjunction with the IoT. The results of the surveys are quite interesting. Automation will impact all categories of work and wage occupations – but not necessarily via predictable norms. Why is the IoT Important for automation and Industrial Robotics? IoT is quite easy to understand in the context of day-to-day life. But, how is it useful for industrial robotics? To answer this, lets look at how two big robotics and automation companies have already implemented IoT concepts into their systems. In addition to industry sectors such as manufacturing, work automation robotics and IoT trends are also transforming consumer oriented industries such as retail, hotels, and restaurants. Of course there were common themes, especially the business models and the importance of complex systems and processes to realize business value with automation robotics & IoT. The top and most important level in an IoT reference architecture involves orchestration and collaboration of Things – including automation and robotics – in end-to-end digitized value streams and systems that are automated through digitized business processes.


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