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Industry 4.0 Series: Preparing for the Rise of Collaborative Robots

LiquidPlanner

The cost of purchasing and operating a robotic spot welder, for example, went from $182,000 in 2005 to $133,000 in 2014, and will drop to $103,000 by 2025, according to a report by the Boston Consulting Group. Document what you do and how you do it, as well as any process variations. It’s a growing market.”. Back Up the System.

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