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The Robotics Revolution
Report

The Robotics Revolution

The Next Great Leap in Manufacturing

Boston Consulting Group, 2015 mais...

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Editorial Rating

8

Qualities

  • Innovative

Recommendation

If you thought the robotics revolution in manufacturing was long over, think again. Intelligent robots that can process visual information, make judgements about quality and communicate with manufacturing systems are becoming not only commonplace, but affordable. Boston Consulting Group partners Harold L. Sirkin, Michael Zinser and Justin Ryan Rose present their analysis of automation across 21 industries and 25 countries. They establish which tasks in which industries are automatable, and determine the likelihood that various industries will adopt robotic solutions. getAbstract recommends this cogent analysis to small-business owners, CEOs and operations managers.

Take-Aways

  • Companies and countries that aggressively adopt automation will have a competitive advantage in productivity and production costs over slow adopters.
  • In comparison with traditional robots, advanced robots are cheap and able to do a wide range of complex tasks.
  • Once the cost of robots falls below the cost of labor, companies should investigate automating.

About the Authors

Harold L. Sirkin and Michael Zinser are senior partners at The Boston Consulting Group and Justin Ryan Rose is a partner.