Friday, October 19, 2018

Word of the Day: robotics quotient

Word of the Day WhatIs.com
Daily updates on the latest technology terms | October 19, 2018
robotics quotient

Robotics quotient (RQ) is a way of scoring a company or individual's ability to work effectively with robots, just as intelligence quotient (IQ) tests provide a score that helps gauge human cognitive abilities. According to Forrester Research, the organization that created the RQ, it measures how well organizations learn from, adapt to, collaborate with, trust and generate business results from automated entities, including software like robotic process automation (RPA), AI (artificial intelligence), physical robotics and related systems.

RQ is aimed at helping technology leaders determine where resources need to be prioritized or improved before a company makes a major investment in the robotics realm. As a means to quantify readiness, the higher the RQ score, the more prepared a company is to handle challenges that automation and AI technologies bring.

The RQ is comprised of 39 criteria that support AI best practices. Based upon the major players that take place in automation deployment, these characteristics focus on people, leadership, organizational structure and trust (also known as the PLOT framework). Trust is a variant that spans across the other three categories and varies depending on the type of technology. The Forrester model provides a numeric value for how deterministic (A always leads to B), probabilistic (A could lead to B as well as C or D) or transparent the technology is and how much change the technology could have on the workplace. Automation?s role in the workforce is often a sensitive issue for leaders, so a comprehensive idea of potential effects is a beneficial asset.

Quote of the Day

 
"Robotics quotient enables CIOs to identify gaps or areas where you need to prioritize resources before you make a big bet on automation and AI." - J.P. Gownder

Learning Center

 

Success with automation and AI requires a high 'RQ'
CIOs who want to succeed with deploying automation and AI in the enterprise need to develop their robotics quotient if they want to be successful.

IoT and robotics, evolving together
Though still in early adoption stages, IoT and robotics work hand in steel hand. Read on to learn the benefits of adding smarts to robotics for automation.

Forget Hollywood's AI promises, results are what inspires next-gen tech pros
A new generation of workers flocked to HubWeek 2018 to hear panelists tackle the stigma of AI in the workplace. Their tip? Lose the glamour and focus on the scope of technology.

New deep learning algorithms could improve robot sight
The world is filled with unpredictable events. Self-driving cars and other real-world robot navigators are not very good at dealing with that kind of complexity. Carnegie Mellon's David Held is developing deep learning algorithms to do something about that.

Robotic process automation can speed payer claims processing
Robotic process automation can make claims processing more efficient for health insurance payers and providers by minimizing the human labor factor.

Quiz Yourself

 
Before I invest time and money in a certification for mechatronics, I want to seek ______ from someone at the Robotic Industries Association (RIA).
a. counsel
b. council

Answer

Stay in Touch

 
For feedback about any of our definitions or to suggest a new definition, please contact me at: mrouse@techtarget.com

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