ROBO Global CIO says collaborative robots are a 'game changer' in 2019

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ROBO Global Chief Information Officer William Studebaker speaks to Proactive Investors about the robotics and automation index’s release of its worldwide outlook report for 2019.

Part of the report focuses on artificial intelligence, industrial robots, automation and “smart” factories.

Studebaker says one of the companies on the index, ABB Ltd (NYSE:ABB), is investing $150 million in China to build an automated robotics factory where robots make robots. Studebaker says collaborative robots are a “game changer” with returns on investment appearing in just a few months, as opposed to years.

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