“Robotics-as-a-service” is a model in which customers purchase automation on an “as-needed” basis. This could be monthly pricing or usage-based pricing. Upfront costs are typically negligible or non-existent.

Why is Robotics-as-a-Service So Important Now

Q&A with Saman Farid & Misa Ilkhechi, Co-Founders | Formic

What is Formic, and who are the co-founders?

Formic is a robotics-as-a-service company that is fundamentally changing the way industrial robotics are scoped and deployed. We handle all of the logistics of an automation deployment, from scoping and customization to installation and maintenance. We don’t charge any money upfront, only a low hourly rate,…

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