Jul 27, 2021 | Vanshika Kaushik
Robotic Process Automation (RPA) is a part of business process automation technology that focuses on software robots. It is used in multiple industries like insurance, telecommunications, banking and finance to perform repetitive human tasks. Robots in the modern era have advanced capabilities and can perform both redundant and non- redundant tasks.
Robots can now assemble furniture, make food deliveries, perform surgeries, and are capable of doing a lot more than repetitive tasks. Alphabet Inc Google's parent company is betting big on robotic technology through its newly launched company Intrinsic. With a rich and diverse multiple acquisition history Alphabet Inc., is currently focused on leveraging the best of technology.
With focus on industrial robotics, Intrinsic will bring out hidden economic potential of businesses, entrepreneurs, and developers. Company will focus on the development of software tools that are specifically designed to simplify the usage of industrial robots. Robots developed using the software tools will be less costly and more flexible. These robots can be deployed in the business sector for production of goods and delivery of services.
Robots will provide an advanced way of building things. Currently in the nascent stages Intrinsic is testing techniques like automated perception, deep learning, reinforcement learning, motion planning and force control. Company’s research work in robot development is ongoing. Robots are being tested for real world manufacturing settings.
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Company is solely inclined towards maximizing the capabilities of industrial robots. Other companies like ABB Robotics, KUKA Robotics, The Fanuc Corporation, Epson Robots, and Comau.Inc are also leading developers of industrial robots.
According to ETCIO Wendy Tan White chief executive officer of Intrinsic said, "We're now ready to become an independent Alphabet company, leaving the moonshot factory's rapid prototyping environment to focus on developing our product and validating our technology”.