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Innovations in Cloud Robotics (Technical Insights)

  • June 2014
  • 58 pages
  • Frost & Sullivan
Report ID: 2212036

Summary

Table of Contents

Robots empowered with more capacity and intelligence from cloud

Cloud Robotics can be considered as an emerging technology concept where the Internet will provide massively parallel computation and sharing of huge data resources to “Remote Brained” robots. The existing Internet and cloud infrastructure can provide a range of potential benefits for robots. Interfacing robotics in the cloud will enable faster deployment of robotics technology and help to lower the cost of sophisticated robotic platforms. The research study captures the following dimensions of Cloud Robotics: Year of Impact, Market Opportunity, Global Footprint, Funding Scenario, Patent Activity, Stakeholder Activities, Megatrend Impact, and Technology Convergence.

Research Outline
The term “Cloud Robotics” was coined in 2010 by a Google Researcher to describe a broad vision where the Internet will provide massively parallel computation and sharing of huge data resources to “Remote Brained” robots.
The key purpose behind Cloud Robotics is to meet the diverse requirements of end users in the domain of robotics without degrading the quality of service. The Internet and cloud infrastructure provide a range of potential benefits for robots. Interfacing robotics in the cloud will enable faster deployment of robotics technology and help to lower the cost of sophisticated robotic platforms.
This research service offers insights primarily on nine dimensions of Cloud Robotics. These are listed below:
-Year of Impact
-Market Potential
-Global Footprint
-IP Intensity
-Funding
-Breadth of Industries
-Megatrend Impact
-Potential Points of Convergence
-Size of the Innovation Ecosystem.

KEY FINDINGS

Year of Impact
Cloud Robotics is still a nascent technology and has to go through a series of design and development before it goes mainstream. The healthcare and manufacturing industries are expected to witness faster adoption of this technology.

Market Potential
Cloud robotics will be a catalyst for the emergence of a mainstream consumer service robot marketplace. Companies such as Google, IBM are working on Cloud Robotics.

Global Footprint
The European and North American regions have been found to be leading in innovations and initiatives in cloud robotics. With the contributions of research institutes and innovative companies, these regions are global leaders. However, APAC is gradually catching up to make its impact felt in this emerging space.

IP Intensity
The US is leading in patent filing; this shows the high intensity of technology development in this region.

Funding trends
It has been found that the majority of the funding for cloud robotics research is concentrated in the European and American regions. Considering the trend of funding from government agencies and international organizations, they seem to be among the emerging technology markets of the future.

Breadth of Industries Impacted
Expanded memory and storage capability, access to an open and shared knowledge base are being enabled by cloud robotics and this will increase the functionality of robots. The key application sectors for cloud robotics include healthcare, transportation, consumer and manufacturing applications.

Megatrend Impact
Cloud robotics is expected to have a considerable impact on megatrends, opening up new applications, business models, and new prospective technology capabilities, which will have a significant impact in the future.

Convergence Potential
The capability of robots to leverage the power of cloud computing, and the level of technology evolution in these domains, is driving the potential for convergence.

Innovation Ecosystem
Besides research initiatives from institutes, several start-ups are evolving in the area of cloud robotics. It has been found recently that even technology giants are taking steps to penetrate this nascent market.

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