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 :



Engineers devise a modular system to produce efficient, scalable aquabots

The system’s simple repeating elements can assemble into swimming forms ranging from eel-like to wing-shaped.
07 February 2023, by

Microelectronics give researchers a remote control for biological robots

First, they walked. Then, they saw the light. Now, miniature biological robots have gained a new trick: remote control.
05 February 2023, by

Robot Talk Episode 35 – Interview with Emily S. Cross

In this week's episode of the Robot Talk podcast, host Claire Asher chatted to Professor Emily S. Cross from the University of Glasgow and Western Sydney University all about neuroscience, social learning, and human-robot interaction.
03 February 2023, by

Sea creatures inspire marine robots which can operate in extra-terrestrial oceans

Scientists at the University of Bristol have drawn on the design and life of a mysterious zooplankton to develop underwater robots.
02 February 2023, by

Our future could be full of undying, self-repairing robots – here’s how

Could it be that future AI systems will need robotic “bodies” to interact with the world? If so, will nightmarish ideas like the self-repairing, shape-shifting T-1000 robot from the Terminator 2 movie come to fruition? And could a robot be created that could “live” forever?
01 February 2023, by

Sensing with purpose

Fadel Adib uses wireless technologies to sense the world in new ways, taking aim at sweeping problems such as food insecurity, climate change, and access to health care.
29 January 2023, by





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association