Ease of Use Enables Ease of Adoption Jason Walker, CEO, Waypoint Robotics @ImRobotMechanic @WaypointRobo #LiveWorx #RoboticsAISummit
We manufacture and sell autonomous robots EASY TO USE MOBILE ROBOTS FOR THE WORKFORCE.
Proven team WAYPOINT KNOWS HOW TO SUCCEED. JASON WALKER CEO AND CO-FOUNDER PATRICK HUSSEY CTO AND CO-FOUNDER CORY HUSSEY GENERAL COUNSEL BRIEF HISTORY OF WAYPOINT ROBOTICS.
It s a pivotal time for American business THE GLOBAL, ON-DEMAND ECONOMY HAS CHANGED THE LANDSCAPE. Unemployment at its lowest point in 17 years. 1 Growth and automation by online competitors like Amazon continues to apply downward price pressure in manufacturing as well as logistics. Demand is high and growth opportunities are left unutilized. Pressure to increase efficiency is felt like never before. Companies in every segment of the supply chain must automate to survive. 1: https://www.bls.gov/web/laus/lauhsthl.htm
It s a pivotal time for American business THE GLOBAL, ON-DEMAND ECONOMY HAS CHANGED THE LANDSCAPE. Only 10% of companies that could benefit from robots have so far installed them. 1 Why? 1: http://www.areadevelopment.com/siteselection/q4-2013/automation-increases-us-manufacturing-competitiveness-363824.shtml
The problem with robotics is the robots UNTIL NOW, ROBOTS HAVE BEEN DEFINED BY THEIR LIMITATIONS - COMPLEX, INFLEXIBLE, AND EXPENSIVE. Experts required for setup: mapping, route planning, and fleet management. Robotics companies unwilling to customize robots to meet customer needs. AGVs and AMRs never worked in real world conditions: required sterile, controlled environments and infrastructure installation. The cost of robots has always been too high for anyone other than the largest manufacturers. ACCESSIBILITY IS THE KEY TO UNLOCKING ROBOTICS.
The solution is accessibility WAYPOINT ROBOTICS HAS MADE ACCESSIBILITY ITS WAR CRY. We believe that a better total user experience is the key to unlocking the market. Technologically accessible - our mission is to make using our robots as easy and intuitive to use as an elevator. Financially accessible - our approach is to reduce the barriers to entry by offering scalable software as a service, and financing options for hardware. Functionally extensible - we eliminate our customers fear of early adoption with open source architecture, which makes our robots flexible and futureproof.
Robotics gold rush is on THE 4TH INDUSTRIAL REVOLUTION IS SET TO UNLOCK PENT UP PRODUCTIVITY GROWTH. ACCESSIBILITY IS THE WAY TO ACCESS THIS MARKET. 70 to 80 percent of the warehouses in the world are not automated. 2 73% of the American economy isn t even digitalized, let alone automated. 7 Real GDP will be 42 percent higher by 2035 with automation than without it, according to ARK. 5 Mobile robotics in material handling and logistics will become a $75bn market by 2027. Then more than double by 2038. 1 Analysts forecast Global Autonomous Mobile Robots Market to grow at a CAGR of 14.31% During the Period 2017-2021. 3 World s fastest growing industry: 2015 was a bumper year for robotics investments with companies raising an estimated $922.7 million in Venture Capital (VC) funding alone a 170% increase over 2014. 4 Robotics startups globally had a record year for deals in 2016. Deals were up by 18%, from 147 in 2015 to 174 in 2016. 6 1:https://www.idtechex.com/research/reports/mobile-robots-and-drones-in-material-handling-and-logistics-2017-2037-000548.asp 2: http://www.wbur.org/bostonomix/2017/12/22/warehouse-robots 3: https://www.reuters.com/brandfeatures/venture-capital/article?id=11654 4: Investing in Robotics - Robotics Business Review 2016 5: https://www.roboticsbusinessreview.com/download/robotics-investments-continue-surge-q4-2016/ 6: https://www.cbinsights.com/research/robotics-deals-consumer-enterprise-medical/ 7: http://www.theatlantic.com/sponsored/morgan-stanley-2017/riding-the-long-tail-of-the-digital-revolution/1199/?
Design philosophy: Bobby first WE DESIGN AND BUILD FOR THE PEOPLE WHO PUT ROBOTS TO WORK. We are making robots that are technologically accessible to Bobby. Bobby gets everything he needs and nothing that he doesn t need from our robots. He can wield this technology with pride, because Dispatcher and Vector are easy for him to master. We intend to empower the workforce, not replace them.
We are in good company A WORKFORCE EMPOWERED BY ROBOTS STRENGTHENS BOTH THE WORKFORCE AND THE ROBOTS Technology as a progressive force: Let us not destroy these wonderful machines that produce efficiently and cheaply. Let us control them. Let us profit by their efficiency and cheapness. Let us run them by ourselves. -- Jack London https://www.nationalreview.com/2017/04/robots-jobs-industrial-future/
Case study 1: The machine shop HIGHLY AUTOMATED, FAMILY OWNED MACHINING BUSINESS Pain Points: Rigid factory layout Highly optimized processes Most valuable people are pushing carts (and they hate it) Accessibility Needs: Compact size Human-like flexibility for an inflexible existing system No Facility Modifications Problem Solvers: Vector -- Navigates autonomously without modifications to building Dispatcher -- Easy to setup; easy to change Whistle -- Easy to operate; intuitive drop-in for existing processes 1: https://www.bls.gov/web/laus/lauhsthl.htm
Case study 2: The transmission shop MOSTLY MANUAL OPERATIONS; HIGHLY SKILLED AND HARD TO FIND WORKFORCE Pain Points: Very fluid, asynchronous operations Unpredictable obstacles Most valuable people are pushing carts and they hate it (ruins their flow and their backs) Accessibility Needs: Custom payload and sensor set Robust autonomy and flexibility Minimal disruption to established behavioral workflow Problem Solvers: Vector -- Custom payload lift; configure to order sensors suite Dispatcher -- Easy to setup; easy to change; easy to understand Whistle -- Easy to operate; on demand action 1: https://www.bls.gov/web/laus/lauhsthl.htm
Case study 3: The data center HIGHLY AUTOMATED SYSTEM; ENVIRONMENT EXTREMELY HOSTILE TO ROBOTS Pain Points: Total chaos in terms of operations and environment Changing building infrastructure and unpredictable obstacles Moving materials over large distances takes too much time from most valuable people Accessibility Needs: Custom sensor set for custom challenges Total autonomy and complete flexibility Ability to completely automate robot schedules Problem Solvers: Vector -- Open access for custom payloads; state of the art sensors suite Dispatcher -- Easy for pilot testing; ROS open architecture for WMS integration Open Hardware -- Easy integration with building systems 1: https://www.bls.gov/web/laus/lauhsthl.htm
Thank you. To learn more please visit waypointrobotics.com Connect with me at Jason Walker CEO, Waypoint Robotics info@waypointrobotics.com @ImRobotMechanic @WaypointRobo