Chicago, IL – Formic, a leading provider of Robotics-as-a-Service (RaaS) solutions, announced the addition of John Taylor to its team, a strategic move aimed at further enhancing the accessibility and impact of industrial automation for manufacturers. The company highlighted Taylor's extensive background in addressing complex challenges within the manufacturing sector.
Formic operates on a unique RaaS model, designed to remove significant barriers to automation adoption, particularly for small and medium-sized businesses (SMBs). This model allows manufacturers to deploy advanced robotic systems without large upfront capital expenditures, paying instead a fixed monthly or hourly rate that includes equipment, engineering, maintenance, and 24/7 support. The company, founded in 2020, has successfully enabled over 100,000 production hours with its robotic fleet, boasting over 99% uptime.
John Taylor's appointment is expected to bolster Formic's mission to simplify and de-risk automation for American manufacturers. According to the company's social media announcement, > "He brings years of experience solving complex manufacturing challenges and is now helping make automation more accessible, practical, and impactful." This aligns directly with Formic's commitment to delivering automation solutions that address labor shortages and improve productivity in industries such as food, chemical, and consumer packaged goods.
The integration of experienced professionals like Taylor underscores Formic's strategy to expand its reach and service capabilities. By making automation more practical and impactful, Formic aims to accelerate the adoption of robotics across the U.S. manufacturing landscape, fostering increased efficiency and competitiveness without requiring significant in-house expertise or capital investment from its clients.