Robotics

How to Calculate ROI of Automation

How to Calculate ROI of Automation

As a zero CapEx and pay-as-you-go model, the automation approach known as "Robots-as-a-Service" (RaaS) disrupts the conventional way of justifying automation investment. With RaaS, how do Operations and Engineering Managers then calculate the business value of automation when it is rented instead of purchased? In this case, the best calculation approach uses a different comparison to the current operation financials, and it can be summarized into a single Net Present Value for comparison against capital purchases if desired. Attend this session to learn how!

Alex Koepsel, Sr Product Marketing Manager, Formic

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