Why Invest in Robotics

Why Invest in Robotics?

Even if this photo exaggerates your situation, the gains from automation can be quite significant in terms of labor savings, improved quality of the end product, reducing repetitive work injuries, and streamlining work flow. Automation Return-on-Investment (ROI) is a calculation of automated testing benefits in terms of: Cost Savings, Increased Efficiency and Increased Software Quality (reduced risks). The formula for ROI is the total “return” (benefit) from an action divided by the cost of that action, where the total “return” is equal to the cost subtracted from the gain:

 

Also, working backwards from a desired ROI can help to determine the budget for your project.