Big data
Today, as companies look for ways to become more efficient and competitive in the marketplace, industrial automation and robotisation are becoming key tools in achieving these goals. But how to assess the profitability of such an investment? The answer lies in the concept of ROI (Return on Investment).
To accurately understand the profitability of investing in automation and robotisation, it is worth considering the following factors:
Imagine a company that has decided to invest in an APAGroup palletiser for €100,000. Annual operating costs are €20,000, and projected savings from reduced labor costs are €30,000. In addition, automation brings €50,000 in additional revenue through a 20% increase in productivity.
To calculate ROI:
Annual benefits = Salary savings (€30,000) + Additional income (€50,000) – Annual operating costs (€20,000)
ROI = Annual benefits / Investment cost
ROI = €60,000 / €100,000 = 0.6 or 60%
In this case, the company receives a 60% return on investment, suggesting that the investment will pay for itself after about 1.67 years.
ROI analysis is essential to assess the profitability of investments in automation and robotisation. While the above example is simplistic, in reality the analysis can be much more complex, taking into account additional risk factors, variable costs or unforeseen market changes. Therefore, it is important to carefully analyse all aspects of the investment before making a decision.