Robotics as a Service (RaaS): Transforming Automation through Subscription-based Models

Hanut Singh *

Independent researcher.
 
Research Article
World Journal of Advanced Engineering Technology and Sciences, 2024, 13(02), 778-788.
Article DOI: 10.30574/wjaets.2024.13.2.0565
Publication history: 
Received on 05 October 2024; revised on 24 November 2024; accepted on 27 November 2024
 
Abstract: 
Through Robotics as a Service (RaaS), businesses, including small and medium-sized enterprises (SMEs), utilize modern approaches to automation implementation. Most businesses historically limited their access to automation because automation under the Capital Expenditure (Cap Ex) model demanded substantial initial investments. RaaS borrows concepts from SaaS to restructure business automation through Operational Expenditure (Op Ex) models that empower users to subscribe to robotics and automation services. This model makes business costs for high capital expenses easier to manage, allowing SMEs to adopt powerful AI-driven automation using manageable recurring payments. Using cloud-based services in RaaS technology enables robotic systems to generate continuous updates and better performance while achieving improved long-term scalability. RaaS delivers democratization through automation access while simultaneously promoting business growth and innovation. Such an operational strategy provides industries with key requirements for achieving better efficiency and marketplace presence in contemporary automated economies.
 
Keywords: 
Saas Adoption; Raas Model; Operational Efficiency; Subscription Economy; Capital Expenditure; Automation Scalability
 
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Copyright information: 
Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0