Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup
  • Dick Young’s Safe America

Is the World Witnessing a Frenzy of Better Robo-Retail?

August 9, 2017 By Tim Jones

After years of development, Lowe’s has rolled out its Lo Bot, a helpful machine created to guide customers around the company’s massive big-box stores. Ask Lo Bot where an item is and the robot will take you right to it.

The Lo Bot isn’t the only robot showing up at retail operations. Another robot, a humanoid known as Pepper, has been showing up in different stores around the world. A version of Pepper has been infused with IBM’s Watson cognitive computing technology. The Watson integration is open to app developers and could lead to all new capabilities for the robot.

Behind the scenes, Amazon has been employing robots to revolutionize e-commerce for some time. Amazon’s Kiva robots swarm around the company’s warehouses at 3 to 4 miles per hour, allowing the company to squeeze in 50% more inventory in its warehouses. The little robots pick up shelves from far off places in the warehouse and bring them directly to the humans who will pack items from the shelf.

Andra Keay, the founder of Robot Launchpad, told Forbes here that the reason robots are so effective is, they “are capable of great skill and sophistication in very narrow areas. What interests me is we can add robot assistance at parts of the value chain that people don’t do well and don’t tend to like doing.”

These robots all have one thing in common, their connection to the Internet. They are part of the boom that is known as the Internet of Things (IoT). The IoT isn’t computers or tablets or phones, the more traditional places people have logged on to their web browsers, but is instead the collection of devices, tools, and even robots that are connected to the Internet with the intention of performing their job better.

You can follow the investing implications of the Internet of Things in Richard C. Young’s Intelligence Report, or by signing up for the free weekly email alert from Youngresearch.com. If you are looking for an advisor to help you invest in the age of the Internet of Things, start by signing up for the client letter from investment advisory firm, Richard C. Young & Co., Ltd. (free even for non-clients).

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • Will Shopify Democratize the Robo-Logistics Revolution?
  • The Retail Robot War Has a New Front: Groceries
  • Walmart’s Robot Army
  • Author
  • Recent Posts
Tim Jones
Tim Jones has spent a decade in the financial newsletter industry at Young Research & Publishing. He lives in Middletown, RI where, along with his wife and two children, he enjoys the great outdoors, Newport restaurants, and a relentless mission for self improvement.
Latest posts by Tim Jones (see all)
  • Gold: Insurance Against Hyperinflation - March 20, 2020
  • What Happens When Your Self-Driving Car Gets Hacked? - September 5, 2017
  • Is This Company About to Beat Tesla, Google and Apple to an All-electric Autonomous Car? - June 14, 2017

Search Young Research

Most Popular

  • Welcome to the Interest Rate Prediction Business, JACK!
  • Democrats Have a Plan: Don't Get Too Attached to Your Capital Gains
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?
  • Teaching A Family Investment: Warren Buffett’s Annual Letter and You
  • Bubble in Tech Stocks Will Cause "Clean Out" in Markets
  • The Power of a Compound Interest Table
  • Richard Young Reports: The Great Money Explosion and Disasters
  • The Highest Yielding S&P 500 Stocks
  • Joel Kotkin: Economic Civil War
  • Deep Survival, Who Lives, Who Dies, and Why

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Could this Be the Vanguard GNMA Winning Edge?

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

RSS The Latest at Richardcyoung.com

  • Hidden Agenda: Bill Gates’s Ulterior Motives
  • Does the Left Think Black Kids Are Too Dumb to Learn Math?
  • Secession: Impossible? Not if You Think Locally
  • RIP Bunny Wailer
  • Richard C. Young: How About Joining Us in Key West
  • The Preposterous Fabrication from the Biden Administration
  • Richard Young Reports: The Great Money Explosion and Disasters
  • Oh, the Thinks You Can Think
  • Here’s What the Media Won’t Tell You About Bill Gates
  • One of My Favorite Talks from CPAC 2021

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2021 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.