LG CNS, the information technology division of South Korea’s LG Group, will release a cloud-based logistics robot subscription service that enables customers to subscribe and use as much as they need without having to spend an enormous amount of money at once.
Conventionally, private companies spent some US$10 million at once to purchase logistics robots. LG CNS said its new service called “Robot as a Service (RaaS)” allows customers to pay in installments at annual subscription fees during the contract period.
LG CNS provides different logistics automation robots — Autostore, a cube-type logistics robot that can store, load, and move products, AI picking robot that accurately picks up products using artificial intelligence, Automated Guided Vehicle (AGV) that repeatedly transports products on a fixed route, and Autonomous Mobile Robot (AMR) that transports and loads products on its own.
Customers can subscribe to various types of RaaS depending on their needs. Autostores are effective for small and medium-sized logistics centers as they store more than four times as many items as before in a limited space.
LG CNS also provides cloud-based logistics center control systems as subscription models. Users can access the cloud and analyze movement lines, frequency, and product throughput collected by AI and internet of things (IoT).
“Our logistics robot subscription service, which combines many different DX technologies such as cloud, AI and data with robots, will enable more customers to actualize logistics intelligence,” LG CNS smarts logistics business head Lee Jun-ho said in a statement on 21 June.