iRobot Corporation (IRBT): Say Hello to the Next Revolution in Robotics

Of course, the system will incorporate iRobot’s mobile platform and impressive autonomous navigation capabilities, which enables the robots to not only create maps of unique environments through an initial exploratory session, but also to automatically navigate crowded corridors through a simple tablet interface, all while avoiding obstacles along the way.

Cisco Systems, Inc. (NASDAQ:CSCO), for its part, has integrated its existing TelePresence EX60 system into the Ava 500, which includes a 21.5-inch HD screen to transmit the remote user’s image.

Coming soon to an office near you
Keep in mind, though, that the Ava 500 won’t be available for purchase until early 2014. So, as with RP-VITA, we certainly shouldn’t expect the new robot to materially contribute to either company’s results in the near future. That especially goes for Cisco, which last year achieved nearly $46.7 billion in sales, or more than 100 times iRobot Corporation (NASDAQ:IRBT)’s 2012 revenue of just $436.2 million.

What’s more, depending on Ava 500’s yet-to-be-determined price, enterprise customers may need some convincing that the system is worth their money. Remember, RP-VITA reportedly relies on a leasing model for around $4,000 to $6,000 per month, though it’s worth noting that Ava 500 might not cost as much since it won’t need to be outfitted with undoubtedly expensive specialized medical equipment.

Still, it’s a safe bet Ava 500 could save larger customers a pretty penny by eliminating the recurring need for expensive plane tickets and hotel stays.

While it remains to be seen, then, whether Ava 500 will be able to win customers’ hearts as quickly as RP-VITA, I’m still convinced robotics will continue to play an ever-increasing role in our world.

In the end, as that role inevitably spills more into our everyday lives, iRobot Corporation (NASDAQ:IRBT) shareholders remain nicely poised to benefit.

The article Say Hello to the Next Revolution in Robotics originally appeared on Fool.com.

Fool contributor Steve Symington owns shares of iRobot Corporation (NASDAQ:IRBT). The Motley Fool recommends Cisco Systems, Inc. (NASDAQ:CSCO) and iRobot.

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