Robotics in Business: Development, Uses, and Relationship with Digital Technologies and Management Theories

BM 565 Digital Business &
New Technologies
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
TOPIC DESCRIPTION: ROBOTICS.............................................................................................3
A. Importance of Robotics...........................................................................................................3
B. Development of robotics.........................................................................................................3
C. Description of technology and its uses...................................................................................4
D. Technological platforms used.................................................................................................4
E. Use within organisation and business.....................................................................................4
F. Usage and effectiveness of robotics as effective business tool...............................................5
Relationship between business management theories and emerging digital technologies..............5
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
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INTRODUCTION
Robotics is engineering stream which is concerned with the design, conception, operations
and manufacturing of robots. Robotic devices or robots are simply artificial intelligent based
machines whose purpose is to substitute human actions for the purpose of ease and feasibility
(Colombo and Sanguineti, 2018). Human interaction can be replaced with robotic machines so
that hazardous jobs can be completed without risking human live or interaction. Various fields
such as assembly, packaging, transport, surgery, safety, weaponry and space exploration are
achieving greater accuracy and accomplishments due to robotics. This report will discuss the
development use of robotic technology in business. It will also evaluate the interaction between
digital technologies and management theories.
TASK
TOPIC DESCRIPTION: ROBOTICS
A. Importance of Robotics
Robots or robotic technology based devices have greater capabilities which make them
highly suitable for the diverse applications. Thus they can easily perform any tasks with greater
level of accuracy, efficiency along with easy adaptation of surroundings, ability to quickly
change the behaviour for completion of dynamic tasks. Thus their extraordinary ability can be
used to improve the lives of human being and to bring significant changes. There are multiple
business environments like chemical plants, heavy machinery manufacturing or health care
which involve hazardous risk in which working or involvement of human risk can be life
threatening (Ni and Obashi, 2021). Similarly, when pandemics like Covid 19 emerged and when
human capabilities were restricted then in such conditions robots can emerge as alternative
solutions to take responsibilities and to perform various tasks.
B. Development of robotics
Robotic advancements today have made it very easy and efficient for labour intensive
industry methods along with better authenticity and efficiency in service delivery or
manufacturing. Currently automated machines are used for doing repetitive functions particularly
in manufacturing industry, space, military and commercialised agriculture. More advanced
software is also integrated with robots so as to prevent theft and generation of big data. The
ability to analyse huge amount of big data also make them suitable for business to understand
market and customer needs (Kim and et.al., 2021). Robotic technology is based upon numerical
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