Hi, I'm Nicole Bulanda from Rockwell Automation. Thanks for joining us for the
on-demand experience. We're here in the industry Pavilion and we're about to talk
about auto motors. I'm joined by Dave to learn a little bit more about the company and
what they bring to Rockwell Dave. We're so excited to have acquired OTTO Motors. Can you
tell us what you guys do? Yeah, thank you very much.
So OTTO Motors is a manufacturer of autonomous mobile robots. We have a few
examples here behind me. These robots are used for factory automation
to do Material Handling and in a safe and efficient manner for Factories of the future
now this Market is expected to grow. I think it's something like 30 percent every year for
the next five years or something huge. Can you talk about why you think that's happening
and how we're ready to handle that? Yeah. So this growth rate is really
being accelerated by needs in the market due to in efficiencies in labor workforce has
we're having trouble finding labor in many of our customers facilities and they're looking
to robots to augment their pool of people that they
have take the people they do. You have in reallocate them to value-add
positions and let the robots do the
menial tasks and moving the materials throughout their facility.
The robots are also able to improve safety because
oftentimes we have distracted drivers on forklifts or other things that can happen in
the robots are constantly looking out for obstacles and avoiding them to be safe and
efficient. But you know, we're finding ways where these
robots can come in and add efficiencies and safety to essentially
improve the bottom line. Have rapid return on investment.
I'm so excited about this. We've been inside the four walls of manufacturing facilities
for ever and ever and now we are finally stepping into the warehouse.
And it's their thanks so much Dave for telling us a little bit more about
OTTO Motors. Yeah. Thank you very much.