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Three Opportunities for Robots from COVID-19

8/30/2020

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                                      A world where contactless and socially distant solutions
                              are preferred has set the stage for robots to rise to the occasion.

 
The COVID-19 outbreak has given way to an era of innovation as entrepreneurs develop tools and services to meet new needs. Though there might have been concerns about automation and the future of work before the current health crisis, the pandemic has shown how robots are benefiting us while the world grapples with the novel coronavirus.

Post-contagion, the global industrial robotics market is expected to grow from $44.6 billion in 2020 to $73 billion by 2025, according to ResearchAndMarkets.com.

The safety provided by robots, as well as the fact that robotic solutions are helping businesses stay open, are making them popular companions in the current climate.

Here are three opportunities for robotics that have arisen from the COVID-19 outbreak.

Keeping Supply Chains Going. Shipping and delivery have seen challenges since the onset of the novel coronavirus outbreak. Robotics and automation can help U.S. manufacturers increase in-house manufacturing to mitigate global supply chain risks. Instead of outsourcing, companies can then rely on robotic material handling and delivery to keep businesses running.

Further down the chain, robots are also able to drop off packages and groceries to consumers safely. As contactless and online shopping experiences are on the rise, robotic and sterile delivery options are now desirable.

Automating Service. Social distancing rules are being kept in place with robot waiters and robot concierges. From greeting customers to serving food, robots can enable restaurants and hospitality businesses to stay open safely.

Robots can help reduce the number of staff that need to be at work physically. As human counterparts try to reduce their exposure to risks, robots can efficiently obtain registration and check-in information and return used cutlery.

Cleaning and Sanitizing. Robots can also safely sanitize workspaces and common areas. In health services, semi-autonomous or remotely monitored robots can disinfect large surfaces quickly, removing the need for cleaners to be exposed to the risk of contagion.
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Robotic solutions can also disinfect areas more efficiently and more frequently than manual cleaning.
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    Author

    Rick Richardson, CPA, CITP, CGMA

    Rick is the editor of the weekly newsletter, Technology This Week. You can subscribe to it by visiting the website.

    Rick is also the Managing Partner of Richardson Media & Technologies, LLC. Prior to forming his current company, he had a 28-year career in technology with Ernst & Young, the last twelve years of which he served as National Director of Technology.

    Mr. Richardson has been named to the "Technology 100"- the annual honors list of the 100 key achievers in technology in America. He has also been honored by the American Institute of CPAs with two Lifetime Achievement awards and a Special Career Recognition Award for his contributions to the profession in the field of technology.

    In 2012, Rick was inducted into the Accounting Hall of Fame by CPA Practice Advisor Magazine. He has also been named to the 100 most influential individuals in the accounting profession in America by Accounting Today magazine.

    In 2017, Rick was inducted as a Marquis Who’s Who Lifetime Achiever, a registry of professionals who have excelled in their fields for many years and achieved greatness in their industry.

    He is a sought after speaker around the world, providing his annual forecast of future technology trends to thousands of business executives, professionals, community leaders, educators and students.

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