Tuesday, 02 January 2024 12:17 GMT

Nightfood Holdings (NGTF) Expands AI Robotics Strategy As Labor Shortages Accelerate Automation Demand


(MENAFN- Investor Brand Network)
    TechForce Robotics uses AI-enhanced automation to help businesses address labor shortages, rising costs and operational inefficiencies. Its Robotics-as-a-Service Provider (“RaaSP”) model lowers barriers to adoption while creating potential recurring revenue opportunities. A potential deployment of up to 5,000 robotic systems with NBR Intelligence signals TechForce's growing ambitions in industrial and factory automation.

Nightfood Holdings (OTCQB: NGTF), doing business as TechForce Robotics, is positioning itself among the several trends reshaping the global economy: persistent labor shortages, rising operating costs and accelerating adoption of AI-enhanced automation.

Global industrial robot installations reached 542,000 units in 2024, more than double the figure recorded a decade earlier, highlighting the growing role automation is playing in addressing workforce and productivity challenges. As the industry evolves, the opportunity is increasingly shifting from technological demonstrations to robots capable of performing reliably in...

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