TMA Member News – October 17, 2023
Ever wonder just how much bringing in automation would cost your company to implement?
Or would cost your company if you didn’t automate?
Associate TMA member since 2022, Formic has published a (free) ROI calculator to help with answering some of your questions.
Found at https://www.automatewithformic.com/roi-calculator , Formic says while there are several ROI calculators that exist for buying automation (such as this one from A3), there are not many ROI calculators for the robots-as-a-service model.
With this new calculator, manufacturers can now get a sense of their OpEx savings, capital savings, and production increase based on providing some details about their own business.
Check it out at calculator – and reach out to
Alex Koepsel
Product Marketing Lead
