Consumer Robotics and Its Trillion-dollar Market

Consumer robotics redefining society's relationship with technology

Thu, Mar 27, 2014 3:00 PM EDT

Welcome to Robotics Business Review’s new webcast series for 2014. Our first offering in this year’s online series: Consumer Robotics.

Join me, Tom Green, editor in chief of RBR, together with my special guests, Rob Daley, CEO, and Henry Thorne, CTO, the co-founders of 4moms.

We’re going to take a special look at the consumer robotics marketplace of today and what might be in store for tomorrow.

The world of robotics is rapidly unfolding and redefining society's relationship with technology. Today's most disruptive robotic technologies are reaching consumers in homes, hospitals and even on roadways faster than you think.

This webcast tracks the trajectory of those game changing systems and how their rise will impact key markets and consumer lifestyles.

The service and consumer robotics segments are exploding with mind-boggling innovation, new products and outrageous business opportunities.  

Discover how the multi-billion dollar world of robotics that formerly occupied only the industrial and manufacturing segments is rapidly expanding and what that means for our high-tech future.

  • Is robotics the next trillion-dollar consumer market?  The sector is expanding dramatically and this growth will only accelerate.
  • How long will it take for this next phase of consumer technology to gain penetration?
  • How is robotics today entering into the consumer space? What are the key products and which are theimportant verticals?
  • Where’s it all headed? Using 4moms products as well as others as examples, in the next 5 years what kinds of robotics/robotics-enabled products can we expect to see hit the marketplace?
  • Advice on how best to market robot devices as consumer products. Address the stigma of the word “robot”. Is it a help or hindrance in marketing to call a product a robot?
  • There was plenty of discussion at the Consumer Electronics Show about using “robot” to describe a consumer product. How has 4moms addressed the prevailing mindset in naming and categorizing its products?

Attendees will learn of the extraordinary business opportunities represented by this wholly new consumer electronics market and how to can take advantage of them.

Attend this webcast for a lively and frank discussion on the new opportunities, new product developments, breakthrough enabling technologies, partnerships, manufacturing strategies, and more.

For further details, please see: Consumer Robotics Knocking on Our Doors

About Rob and Henry

Rob Daley, Co-founder and CEO

As CEO, Rob sets the vision for products and oversees the day-to-day operations of the company. He believes corporate culture is one of the greatest determinants of success and spends a lot of his time shaping and reinforcing the culture at 4moms.

He secured a multi-million-dollar strategic investment from Newell Rubbermaid, which owns the 4moms’ largest competitor, as well as $20 million in capital from Bain Capital Ventures.Rob’s ultimate goal is to build a great company that cares about more than just financial gains.  

Under his leadership, 4moms has grown to a passionate team of more than 110 people with products distributed in 42 countries around the world.

Prior to co-founding 4moms in 2005, Rob had 14 years of experience working with early stage companies in the venture capital and investment banking industries.

Rob is a graduate of the University of Virginia and received an MBA from Northwestern University – Kellogg School of Management. He currently lives in Pittsburgh, Penn., with his wife, Jennifer, and two sons, Camden and Hayden.

  
Henry Thorne, Co-founder and CTO

As a roboticist with more than 33 years of experience, Henry wanted to use his expertise to spearhead an industry where he would directly enhance people’s lives.

With his passion for robotics and co-founder Robert Daley’s vision, 4moms was born. In his role as CTO, Henry leads all product development and testing for the company.

Henry became well known in the robotics industry after inventing  Cye in 1999, the first personal robot that could vacuum a house and carry 15 pounds of goods.

He had been a Senior Engineer at General Motors where he programmed bulky robots to weld the frames of models such as the Buick Regal, Pontiac Grand Prix and Chevy Cutlass Supreme.

Prior to co-founding 4moms, Henry founded Aethon, a leading maker of automated robots for hospitals. He is a longstanding and current board member at USA Ultimate.

Henry is a graduate of Carnegie Mellon University, where he received the Carnegie Science Entrepreneur Award and continues to have an active relationship with the university and its students.

He currently lives in Pittsburgh, Penn., with his wife Karen. Henry met Karen playing Ultimate Frisbee in college, and 30 years later, the family shares nine national and world titles.

 

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