A lot of greenfield funding alternatives in robotics
Pepper, a humanoid robotic developed by SoftBank Group Corp., strikes round by itself to information passengers at sushi store in Tokyo, Japan.
The boundaries to entry within the robotics trade are coming down, opening up many untapped funding alternatives in that house, based on Credit score Suisse.
corporations to construct robotic automation methods right this moment than it was earlier than, making these merchandise cheaper and smarter, Angus Muirhead, senior portfolio supervisor for robotics on the Swiss multinational funding financial institution, stated on Tuesday.
“We see plenty of greenfield alternatives for robotics,” he informed CNBC’s Nancy Hungerford and Emily Tan on the Credit score Suisse Asian Funding Convention in Hong Kong.
Muirhead stated the financial institution has a so-called “pure play strategy” in the case of investing in robotics.
The Credit score Suisse (Lux) International Robotics Fairness Fund, which Muirhead co-manages, invests in corporations with no less than 50 % of gross sales that may be attributed to robotics, automation, synthetic intelligence or safety, based on its brochure.
The fund focuses on three high-growth sub-themes: corporations working to enhance productiveness, enhance high quality of life and carry out harmful duties.
“So, if somebody’s investing in a robotics fund, we wish to ship as pure publicity to robotics as potential,” he stated.
Whereas automation itself shouldn’t be a brand new technological idea, machines are set to overhaul people by way of performing extra duties on the office over the subsequent few years — significantly low-skilled, repetitive jobs. Robotics and automation have gotten ubiquitous in places of work, factories, retailers, eating places, hospitals, transportation and even inside houses.