Mobile Industrial Robots announces MiR Finance 'Robots as a Service' mobile robot leasing program | Automation.com

Mobile Industrial Robots announces MiR Finance 'Robots as a Service' mobile robot leasing program

Mobile Industrial Robots announces MiR Finance 'Robots as a Service' mobile robot leasing program

June 13, 2019 – Mobile Industrial Robots launched its mobile robot leasing program. Often refered to as ”robots as a service” (RaaS), leasing lets companies of any sizedeploy mobile robot solutions with low (or no) upfront costs and monthly payments. This is intended to lower financial barriers for investing in AMRs and give customers a near immediate return on investment (ROI).

With MiR Finance, customers get the chance to lease the “full package,” including the robots, integration and top modules for the robots. The monthly cost of the leasing depends on the type of robot and the length of the leasing period, but a simple calculation shows that it costs $4.44 per hour (or $711 per month) to lease a MiR100 robot if it runs in one-shift operation.

MiR’s distributor network will be working with a third-party company to provide lease programs for the customer. MiR’s distributors will continue to be responsible of first-level support, service and maintenance. In this way, not much will change for the end-customers, that will now have one more option in terms of payment for their robots. 

ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, last yearestimated that the installed base for RaaS will grow from 4,442 units in 2016 to 1.3 million in 2026. The yearly revenue from RaaS providers is expected to increase from $217 million in 2016 to nearly $34 billion in 2026.

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