Robotiq:
5 shocking statistics from manufacturers who turned to robotics
31 July 2017
Research done by Graetz and Michaels has shown that robots are contributing to historic production growth since their entrance into the manufacturing industries. Overall, it shows that between 1993 and 2007, robots accounted for 16% of labor productivity. While IT tech has been leading the world in labor productivity, robotics are a close second, and already ahead of the steam engine, which revolutionized manufacturing in the 19th and early 20th centuries.