Challenges of Cobots and Business Relationships

This chapter discusses the misconceptions surrounding the cost-effectiveness of collaborative robots compared to industrial robots, revealing that long-term expenses often outweigh initial savings. The speakers emphasize the necessity of delivering genuine value to customers in the automation sector and share personal anecdotes highlighting the importance of strong business relationships. Additionally, they address the complexities of financial management and project development for small businesses, advocating for consistency in methodologies and strategic retention of intellectual property.