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In: Accounting

International business and environment The MIR requires teams to gather current, or the most recently available,...

International business and environment

The MIR requires teams to gather current, or the most recently available, data on the market’s people, economy, government, and technological status from online sources.

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Expert Solution

MIR - Mobile Industrial robots.

MIR is a leading supplier of collaborative autonomous mobile robots (AMRs) for industrial applications.The AMR market is an emerging category within the approximately $1.1 billion logistics systems segment of the professional services robot market and is expected to grow rapidly in the years ahead. MIR was profitable in 2017 with annual revenue of $12 million USD, more than triple 2016 revenues and had Q1 2018 sales of $5 million.

Mobile Industrial Robots (MIR) develops and markets the industry’s most advanced line of collaborative and safe autonomous mobile robots (AMRs) that quickly, easily, and cost-effectively manage internal logistics, freeing employees for higher-value activities. Hundreds of mid-sized through large multinational manufacturers have installed MIR’s innovative robots. MIR has quickly established a global distribution network in more than 40 countries, with regional offices in New York, San Diego, Singapore, Dortmund, Barcelona and Shanghai. MIR is the market leader in the nascent, but fast growing market for collaborative autonomous mobile robots (AMRs). Like Universal Robots' collaborative robots, MIR collaborative AMRs lower the barrier for both large and small enterprises to incrementally automate their operations without the need for specialty staff or a re-layout of their existing workflow. This, combined with a fast return on investment, opens a vast new automation market.

With more data and information Programming and installation of robots become much easier.


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