Robohub.org
 

Silicon Valley Bank reports on ‘The Future of Robotics’

by
31 May 2020



share this:

You know robotics has ‘made it’ when Silicon Valley Bank (SVB) is reporting on it. Just five years ago, SVB barely had a hardware division, let alone a robotics and frontier tech team. This report itself shows the maturity of the field of robotics, and that’s also one of the key takeaways. There may be fewer deals in robotics, but the deals are getting bigger, as consolidation in new robotics markets starts to happen.

“Robotics is the latest advent in the multi-century trend toward the automation of production. The number of industrial robots, a key component of Industry 4.0, is accelerating. These machines are built by major multinationals and, increasingly, venture-backed startups.

As the segment continues to mature, data are coming in that allow founders, investors and policymakers to establish a framework for thinking about these companies. In this special sector report, we take a data-driven approach to emerging topics in the industry, including business models, performance metrics and capitalization trends.

Finally, we zoom out and consider how automation affects the labor market. In our view, the social implications of this industry will be massive and will require continuous examination by those driving this technology forward.”

Austin Badger, Director of Frontier Tech Practice at Silicon Valley Bank

Beyond the startup funding information though is valuable assessment of the economics of automation, from the shift from CapEx to OpEx and ARR, to the shift from automation to productivity to wealth creation. While it’s clear that automation increases wealth and productivity, there are still justifiable fears that automation will reduce labor opportunities. At the same time, it’s going to be primarily an issue for the developing countries that are currently serving as cheap labor for the world’s on-the-move manufacturing facilities.

Silicon Valley Robotics works closely with Silicon Valley Bank to help startups grow. SVB participates in our In-Depth Networks and Forums. You can download the SVB report “The Future of Robotics” here: https://www.svb.com/trends-insights/reports/the-future-of-robotics




Silicon Valley Robotics is an industry association supporting innovation and commercialization of robotics technologies.
Silicon Valley Robotics is an industry association supporting innovation and commercialization of robotics technologies.





Related posts :



The art of making robots – #ICRA2022 Day 2 interviews and video digest

In day 2 at the IEEE International Conference on Automation and Robotics (ICRA), I met Bryan Webb, President of Clearpath, and Carlos Vivas, Business Manager of PAL Robotics, and I asked them about their thoughts on the art of making robots.
25 May 2022, by
ep.

355

podcast

SLAM fused with Satellite Imagery #ICRA2022, with John McConnell

John McConnell discusses the research presented at ICRA 2022 to reduce drift in SLAM algorithms by incorporating overhead satellite imagery.
25 May 2022, by

#ICRA2022, the great robotics scicommer – Day 1 video digest

Here I bring you some of the highlights in video of day 1 at the IEEE International Conference on Automation and Robotics (ICRA).
24 May 2022, by

Dan O’Mara: Turning Robotics Education on its Head | Sense Think Act Podcast #19

In this episode, Audrow Nash speaks to Dan O'Mara, who is the founder and COO of Circuit Launch and Mechlabs. Circuit Launch is a space for hardware entrepreneurs to work in Oakland, California, and M...

The IEEE International Conference on Robotics and Automation (ICRA) kicks off with the largest in-person participation and number of represented count

This is the first time the ICRA community is reunited after the pandemic, resulting in record breaking attendance with over 7,000 registrations and 95 countries represented.
ep.

354

podcast

Autonomous Flight Demo with CMU AirLab #ICRA2022, with Sebastian Scherer

Sebastian Scherer from CMU's Airlab gives us a behind-the-scenes demo at ICRA of their Autonomous Flight Control AI. Their approach aims to cooperate with human pilots and act the way they would. h...
24 May 2022, by





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association