- Manufacturers considering robots to improve their processes are sometimes reluctant to invest in the technology
- Robot rental options are gaining popularity as an alternative to purchasing the technology
- Benefits include no up-front cost and flexible arrangements
Summary by Dirk Langeveld
Incorporating robots into manufacturing processes can help a business improve its productivity and efficiency, though many companies may be reluctant to make the costly capital investment necessary to buy a robot. An alternative option is gaining popularity among such manufacturers: renting a robot instead.
Renting a robot includes no up-front purchase cost, and businesses can potentially offset rental costs through better efficiency and profits. Vendors who lease robots complete the installation and maintenance process and bill a company regularly, but improved technologies have brought down such costs.
Robot rentals also give companies the option of returning the technology if they are not satisfied or pursuing a lease-to-buy option if they would like to make it a permanent part of their operations.
