RAISE addresses the Robots as a service (RaaS)growing business model that allows companies to lease robots and tap into a cloud-based marketplace for technical (e.g. predictive maintenance and other service-tech offerings) and non-technical (e.g. fintech, insurtech, regtech,..) services to be delivered to the end user via connected equipment. RAISE will add an open and interoperable information model based on the OPC UA standard to interoperate the Equipment model with 3rdparty service providers (Insurers, Payers and Maintainers. RAISE aims to demonstrate potential eServices to be offered to connected Robots accessible in the demo room of Mitsubishi Electric™ in Milan, one of the world's leading Robots Manufacturers. Services will enable to monitor connected equipment, detect anomalies and ensure production.
Some more details about RAISE Demonstration
More info: TRINITY Website (RAISE)