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ROI Calculator for PULSE robot

To know how fast a robotic arm PULSE will bring you the first revenue and how effective it is to use a collaborative robot in your business, download our ROI calculator for a PULSE robot.

Calculating ROI for a robot

When using a ROI calculator for a robot, consider some factors that can affect the final project price. Here are some of them:

1

Type of a robot

The total investments depend on the robot type and its application. The installation of an industrial robot can cost as much as the robot itself. The integration costs of a collaborative robot (cobot) are minimal due to its flexibility, small footprint, and its collaborative nature. The installation of a cobot doesn’t require any additional engineering works, mounting safety cells, etc.

2

Increased efficiency

A collaborative robot PULSE can work on repetitive tasks 24/7. The repeatability is 0,1 mm which ensures exact and stable workflow. A collaborative robot guarantees the quality of all the processes, minimizes faults and defects in the production, and lets you save in raw materials. Increased efficiency and quality positively affect the customer loyalty.

3

Real salary of an employee

Vacations and sick leaves, bonuses and social payments, medical costs and insurance, training, and regular salary raises: hiring an employee is much more than just a wage fixed in the contract. Downtime affects the productivity of your company as well.

Collaborative robot efficiency

The collaborative robots are the golden mean between robotic efficiency and human flexibility. The table below shows the main differences and hidden savings when hiring an employee, an industrial robot, and a cobot.

Robot installation
Manual

No investments

Collaborative robot PULSE 75

Easy and quick installation (up to 3 months depending on the project)

Industrial robot

Up to six months installation and investments in the security system

Labor
Manual

Average hourly rate between $13/h (sorter job) and $33/h (TIG welding)

Paid sick leaves, vacations and trainings. 3d shift and overtime are paid extra

Labor turnover, hiring and recruiting costs

Constant management is required

Collaborative robot PULSE 75

Operating costs for robots range from $3 to $4,50 per hour

Working 24/7

Requires minor management that can be provided even by low-skilled staff

1-year warranty and constant producer’s support

Industrial robot

Operating costs for robots range from $0.15 to $1.50 per hour

Working 24/7

Requires minor management and maintenance by a technician

Warranty and producer’s support

Downtime
Manual

Smoke breaks

Lunches

Coffee pauses

Sick leaves

Collaborative robot PULSE 75

Working 24/7 with no pauses

Industrial robot

Working 24/7 with no pauses

Efficiency
Manual

Additional employees are needed

Collaborative robot PULSE 75

15% more efficiency at the very start thanks to the constant work during the shift

General automation efficiency depends on the project

Industrial robot

15% more efficiency at the very start thanks to the constant work during the shift

General automation efficiency depends on the project

Quality
Manual

Repetitive and monotonous tasks can lead to the employees' fatigue, reduced attention, and even neglect of safety rules

Collaborative robot PULSE 75

Consistent standards are preprogrammed in the robot, and it follows them with 0,1 mm repeatability

Reduction of the defect rate approaches zero

It’s possible to integrate the computer vision and automated quality control

Industrial robot

The PPM is much lower due to the increased production volumes and standardized production processes

Flexibility
Manual

Very flexible, but needs training

Collaborative robot PULSE 75

Very flexible. Can be easily moved and installed in another place. A cobot can be retaught in the manual guiding mode

Industrial robot

High reinstallation costs

In some cases, the reprogramming is impossible

Manual Collaborative robot PULSE 75 Industrial robot
Robot installation No investments Easy and quick installation (up to 3 months depending on the project) Up to six months installation and investments in the security system
Labor Average hourly rate between $13/h (sorter job) and $33/h (TIG welding)

Paid sick leaves, vacations and trainings. 3d shift and overtime are paid extra

Labor turnover, hiring and recruiting costs

Constant management is required
Operating costs for robots range from $3 to $4,50 per hour

Working 24/7

Requires minor management that can be provided even by low-skilled staff

1-year warranty and constant producer’s support
Operating costs for robots range from $0.15 to $1.50 per hour

Working 24/7

Requires minor management and maintenance by a technician

Warranty and producer’s support
Downtime Smoke breaks

Lunches

Coffee pauses

Sick leaves
Working 24/7 with no pauses Working 24/7 with no pauses
Efficiency Additional employees are needed 15% more efficiency at the very start thanks to the constant work during the shift

General automation efficiency depends on the project
15% more efficiency at the very start thanks to the constant work during the shift

General automation efficiency depends on the project
Quality Repetitive and monotonous tasks can lead to the employees' fatigue, reduced attention, and even neglect of safety rules Consistent standards are preprogrammed in the robot, and it follows them with 0,1 mm repeatability

Reduction of the defect rate approaches zero

It’s possible to integrate the computer vision and automated quality control
The PPM is much lower due to the increased production volumes and standardized production processes
Flexibility Very flexible, but needs training Very flexible. Can be easily moved and installed in another place. A cobot can be retaught in the manual guiding mode High reinstallation costs

In some cases, the reprogramming is impossible