Robotics Services Business Models: The case of Oversonic's RoBee

A robot is an automated device that is typically controlled by a computer and is capable of carrying out a complicated series of tasks autonomously. The robot can be directed by an exterior control device or by artificial intelligence that is built inside the gadget (AI). NLP is a branch of AI that allows machines to gather and analyze human language. Top-down processing in pattern recognition refers to the dissemination of historical data. It creates predictions based on a person's previous knowledge and always starts there. With the use of AI technology, humans may reevaluate how they combine study findings, interpret data, and use the likely outcomes of knowledge to improve decisions that are already changing every part of human life. The main scope of this thesis is to carve a business Model for Robotic services by keeping the case of Oversonic's RoBee in the Old-age homes.