The Safety to Autonomy Curve

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Confidential and Proprietary © 2013 Vecna Technologies, Inc. The Safety-to-Autonomy Curve an incremental approach to introducing automation to the workforce Daniel Theobald, CTO, Vecna RoboUniverse, May 13, 2015

Transcript of The Safety to Autonomy Curve

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Confidential and Proprietary © 2013 Vecna Technologies, Inc.

The Safety-to-Autonomy Curvean incremental approach to introducing

automation to the workforce

Daniel Theobald, CTO, VecnaRoboUniverse, May 13, 2015

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Confidential and Proprietary © 2013 Vecna Technologies, Inc.

Agenda

A little about VecnaMass Robotics updateSafety to Autonomy

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•Privately funded automation company•Founded in 1998 by MIT engineers•Focus on advanced technology with applications in healthcare and logistics•Hundreds of implementations worldwide•Strong track record of commercializing R&D•10% working time devoted to community service

About Vecna

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Vecna’s Mission

To create robots that provide real economic value by working safely alongside humans

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Community Service ChallengeFor the past 17 years, Vecna has paid its employees to spend up to 4 hours of every work-week doing community service projects.

To date, Vecna has provided nearly 100,000 hours of community service to communities around the world. Imagine what could be accomplished if every organization did this.

The challenge: Convince yourself and your company leadership to adopt socially responsible practices and give back.

The research is clear: people and companies that regularly engage in community service are healthier, happier, more productive, more prosperous, live longer, more respected, more fun to work with, and the list goes on.

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MassRobotics Update...

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The Opportunity

Trillions of dollars of unmet market needsThe ability to empower the human race to accomplish more than ever beforeThe opportunity to create prosperity for all segments of society

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McKinsey's Report: Twelve potentially economically disruptive technologies

Advanced robotics across health care, manufacturing, and services could generate a potential economic impact of $1.7 trillion to $4.5 trillion per year by 2025, including more than $800 billion to $2.6 trillion in value from health-care usesIndustrial robots with features such as machine vision and high-precision dexterity typically cost $100,000 to $150,000. These prices will come down substantially opening many new markets

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The worlds largest robotics cluster

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The Problem

Lack of a strong support ecosystem for robotics/automation startups in Massachusetts and the US as a whole

Results in poor startup performance and poor investor confidence

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The Current Landscape16

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The Solution: MassRobotics17

Independent non-profit industry associationDesigned with with input from investors to reduce riskInformation sharing, standards and contract supportQuality & cost-effective prototyping and testing facilitiesCurated business services & mentorshipIntroductions to strategic contacts & investorsSTEM education support

To 'nurture' the world's largest robotics cluster.

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MassRobotics: The Robotics Hub19

Entrepreneurs

Talent

Mentors

Service Providers

Aca

dem

ia

CorporationsInvestors & Funders

Reputation & Boards

Advice & Connections

Research & education

commercialization

Exit Options & B2B Leads

R&D & Acquisitions

Cash & Connections

ROI

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The Business Model20

Startups&

ServiceProviders

Sponsored Spaces

Sponso

rship

Grants

Rent & Services

Capital Expenditures:• Build out & renovation• Office furniture & equipment• IT infrastructure• Prototyping equipment & Labs• Capitalizable labor

Operating Expenditures:• Staff• Contractors• Consumables• Facility lease & Utilities• G&A

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Initial Demand & Cash Sponsors

Potential Initial Residents:1.Acorn PD2.Empire Robotics3.Flextronics4.LaxeeEye5.MeetingOwl6.Neurala7.Panoptes8.Paracosm9.Rise Robotics10.Sonzia11.Panasonic12.FoxConn13.Amazon Robotics

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Initial Board of Directors

Ken Gabriel, Draper LabsJay Ash, The CommonwealthCA Web, New England VC SocietyColin Angle, iRobotTim Rowe, CIC/LabCentralDaniel Theobald, Vecna

Next Step: Hire Dedicated Leadership Team Please Help

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Safety to Autonomy

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Robots will instantly and dramaticallychange the way we work.

Too much hype

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Barriers to Adoption

•41% of manufacturing companies surveyed said they do not currently use robotics technology and they don’t intend to in the next three years•What they think about robots:

– Robots are not cost effective– Robots will displace workers and affect morale– Staff are not skilled enough to run the robots– Robots break– Robots are not safe

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Workplace Fatalities

•4,585 workers killed on the job in 2013•$188.9 billion in productivity and wages are lost each year in the U.S. due to safety-related death and injury•Powered industrial trucks are #5 on OSHA’s list

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Forklifts injuries – by the numbers

•110,000 major forklift accidents occur every year•Forklifts account for 1 in 6 workplace deaths and 34,900 serious injuries•90% of all forklifts will be involved in some type of serious accident during their useful life

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The Safety-to-Autonomy Curve

The glide path on which an organization successfully adopts robotic systems

Focus on safety, add autonomy incrementally with safety always coming

first.

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Manned Vehicles

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Forward collision avoidance Sideview assist

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Unmanned Vehicles

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Safety to Autonomy

•Sensorize first, improved safety is something everyone can buy into. The ROI is clear. •Don’t just use sensors to sense the environment, actually make sense of the environment•Agility to address new applications quickly requires general purpose world models rather than 'hard coded' safety sensors•Work as an industry to establish reasonable standards•Buy time for industries and workforces to adopt and accept sensorized platforms, achieve early ROI and incrementally adopt autonomy

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Let's make safety a top priority

•Avoid direct industry set backs•Avoid unnecessary interference and regulation•Avoid bad PR and public opposition to robotics•Most importantly, avoid hurting people and causing pain

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Confidential and Proprietary © 2013 Vecna Technologies, Inc.

Daniel [email protected]