iRobot

Monday 10th February 2014

Robot Stocks

Revenue for the global industrial robotics market is expected to cross $37 billion by 2018. The $37 billion market for industrial robotics by 2018 may sound insignificant next to Bill Gates prediction of a robot in every home and a $1 trillion global business by 2025. This is where Google’s acquisition of Nest and other robotic manufacturers may earn a big slice of the market, together with the Roomba from iRobots and other manufacturers.

The potential market for Robots is starting to whet the appetite of investors, consider Adept Technology and iRobot. Stocks in Adept are up 498.42% over the last 5 years. iRobot stocks are up 386.75% — compare these to the Nasdaq composite which is up 154.88% and The Dow Jones which is up 88.73% over the same period. – Colin Lewis

 

Monday 1st December 2014

The Roomba

The Roomba, the floor cleaning robot from my previous company, iRobot, is perhaps the robot with the most volition and intention of any robots out there in the world.

Most others are working in completely repetitive environments, or have a human operator providing the second by second volition for what they should do next – Rodney A. Brooks

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