Creating Data About Robotics Business Activity. Jason Schenker Chairman of The Futurist Institute
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1 Creating Data About Robotics Business Activity Jason Schenker Chairman of The Futurist Institute
2 The Futurist Institute Need for Robotics Data Common Data Issues The Robot Activity Index Calls to Action
3 The Futurist Institute
4 The Futurist Institute : Futurist and Long-Term Analyst (FLTA) Designation APPROVED CE Coming in Nov 2018: Blockchain and Quantum Computing
5 The Futurist Institute : Training and Presentations
6 The Futurist Institute : Scenario Planning
7 The Robot and Automation Almanac Collection of short essays. From leading robot and automation experts, executives, investors. Focus on "one big thing" in the year ahead. Topics: opportunity, risk, challenge, investment theme, overlooked trend, perception shift, step change, or trend change. COMPANIES PARTICIPATING Microsoft Hyperloop Massachusetts Locus Robotics HP Labs Chrysalix Venture Capital Yale Materials Handling ROBO Global Tudor, Pickering, Holt & Co. HDS Global CoinSwipe Savioke Swisslog Logistics SpeadBot Vecna Robotics Genesis Dimensions SecureMarking UnitDoseOne TransRisk/Freightwaves Transbotics Contextual Robotics JBT
8 RBR Robot Activity Index (RAI) by The Futurist Institute The RAI captures quarterly robot business dynamics. This report helps executives, investors, and analysts identify changes as they occur. Series readings indicate the percent of respondents that reported increases in their responses. Readings above 50 indicate a majority reported expansions, while readings below 50 indicate a majority of respondents reported contractions. RAI Focus: 1.) Expectations for the current quarter compared to the previous quarter. 2.) Expectations for the current year compared to the previous year.
9 Need for Robotics and Automation Industry Data
10 Right Now: Only Four NAICS Codes for Robots and Automation NAICS Unmanned and robotic aircraft manufacturing NAICS Unmanned and robotic automobiles manufacturing NAICS Unmanned and robotic watercraft manufacturing in boat yards NAICS Unmanned and robotic watercraft manufacturing in shipyards
11 Video Cassette Recorder Businesses Also Have Four NAICS Codes NAICS Video cassette recorder rental NAICS Video cassette recorders (VCR) manufacturing NAICS Video cassettes, blank, manufacturing NAICS Video cassettes, prerecorded, mass reproducing
12 Aprons Have Nine NAICS Code Categories NAICS Apron supply services NAICS Aprons for textile machinery, leather, manufacturing NAICS Aprons, leather (e.g., blacksmith's, welder's), manufacturing NAICS Aprons, waterproof (e.g., plastics, rubberized fabric), rubberizing fabric and manufacturing aprons NAICS Aprons, waterproof (including rubberized fabric, plastics), cut and sew apparel contractors NAICS Aprons, waterproof (including rubberized fabric, plastics), cut and sewn from purchased fabric (except apparel contractors) NAICS Aprons, work (except leather), cut and sew apparel contractors NAICS Aprons, work (except leather, waterproof), men's and boys', cut and sewn from purchased fabric (except apparel contractors) NAICS Aprons, work (except waterproof, leather), women's and girls', cut and sewn from purchased fabric (except apparel contractors)
13 Clearly, there is a lack of industry data for Robotics and Automation.
14 Why Do We Need Data About Robotics and Automation? Robotics and automation are critical industries, with important implications for countless industries. An activity index is needed to help inform executives, strategists, and investors in robotics and automation. Human intelligence (HUMINT) derived data based on short surveys of leaders from companies across the field of robotics would provide real-time actionable insights.
15 Vision To create an activity index based on short surveys of leaders from companies across the field of robotics that helps executives, strategists, and investors gain a better understanding of activity and trends in robotics and automation.
16 The Greatest Values: More Visibility to Make Better Decisions Business decisions Investment decisions Hiring decisions R&D decisions
17 Question Focus of the RAI - Business Activity: Orders and Instillations/Shipments - Investment and Funding: Internal R&D, External Capital Raises - Main Time Perspective: Quarterly Look Ahead - Secondary Time Perspective: Year-on-Year / Year Look Ahead
18 Common Industry Data Issues
19 GDP Four Fed Forecasts at Once Revisions Each Quarter Other Revisions
20 Material Handling Four Official MHEM Government Data Series NAICS Elevators and Moving Stairways NAICS Conveyors and Conveying Equipment NAICS Overhead Traveling Cranes, Hoists, and Monorail Systems NAICS Industrial Trucks, Tractors, Mobile Straddle Carriers and Stacker Machinery MHEM data includes Elevators but Excludes Racks and Automation?
21 Material Handling What Government Data Should be Like
22 Material Handling What Government Data is Actually Like
23 Material Handling Success with MHI BAI
24 Robot Activity Index
25 Best Practice Example of Real-Time Data
26 Best Practice Example is also HUMINT
27 Example of HUMINT
28 Keep the Questions Simple Quarterly Activity
29 The Survey takes 3 Minutes. What Can You Derive?
30 Results: Planned Activity
31 Results: Assessed Risks
32 Result Limitation: Participants
33 Vision: Do it Better More Participants More Diverse Participants Longer Time Series Revisit Questions and Responses
34 Calls to Action
35 Get Involved: Participate in the RAI Short Quarterly Survey Fully Anonymous Get Full Report Join Results Call for Participants
36 Get Involved: Contribute to TRAA Short Essays: 700-1,400 Words One Big Thing for the Year Ahead (2019) No Cost to Be Involved Professionally Edited and Published Professionally Copy Edited Two Physical Copies Sent After Publication Due by End of October
37 Contact Information Jason Schenker CMT CFP CVA ERP Certified Futurist and Long-Term Analyst FLTA TM NACD Board Governance Fellow Chairman of The Futurist Institute President of Prestige Economics
38 Disclaimer All commentary provided by The Futurist Institute or any of its employees is commentary intended for general information use only and is not investment advice. The Futurist Institute does not make recommendations on any assets, investment types, asset classes, non-regulated markets (e.g. FX, commodities), specific equities, bonds, or other investment vehicles. The Futurist Institute does not guarantee the completeness or accuracy of analyses and statements, nor does Prestige Economics assume any liability for any losses that may result from the reliance by any person or entity on this information. Opinions, forecasts, and information are subject to change without notice. Reports do not represent a solicitation or offer of financial or advisory services or products, and are market commentary intended and written for general information use only. No part of this presentation may be circulated, quoted, reprinted, or otherwise reproduced for without prior written approval from The Futurist Institute. This material is not a complete record of the presentation and discussion led by The Futurist Institute. The Futurist Institute Copyright
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