While robots are becoming more and more a common sight in our lives, they still do not have the prevalence that many thought they would at this point in time. However there is one place where the use of robots is growing dramatically and that happens to be in the most innovative economy in Asia, Singapore.

There are a number of areas in the Singapore economy that robots are stepping in to fill. In addition to filling roles within the Singapore economy, robots are also contributing to it by becoming a large product of Singapore businesses. So how are robots playing a role in the Singapore economy?

Filling vacancies

In recent years the government of Singapore has cracked down on foreign workers operating in Singapore. These new regulations and enforcement have made it hard for some businesses to maintain the low-paid workers that they need for the businesses to flourish. One prime example is in the restaurant business. Some of the largest restaurants in Singapore operate primarily with Chinese workers. As these workers become harder to find and retain more and more restaurants are turning to robots in order to perform basic tasks like clearing and cleaning tables and delivering dirty plates to the kitchen for cleaning.

While the use of robots in the food service industry is still minimal, it is expected to grow tremendously in the coming years as government rules make it harder to attract and retain the type of workers these businesses rely on.

Another important factor in the adaptation of robots within the Singapore business community is the government investment in developing its technology sector. The government has put a lot of money into expanding the innovation level within the Singapore economy, and as a result robotics firms are among the businesses that are benefiting. The availability of lower cost robots that are able to perform tasks that used to require human employees has drawn some businesses to them as a cost saving measure.

Additionally, the changing ways that companies can access these robots is also leading to an expansion of their use. Previously the cost of buying a robot to perform tasks was prohibitive, as by the time the technology paid for itself compared to a human worker it would be obsolete. The new trend is to obtain robot workers via leases. In doing so businesses are able to make the decision to resort to robot workers make financial sense.

Finally, government investment is not only occurring in the development of robots and technology, but also in the use of those robots by other businesses. In an effort to help its growing technology and robotics industry, the government of Singapore has established grants that help small to medium enterprise businesses obtain robots to increase productivity around the office. In doing so, Singapore not only encourages its business to innovate and break new ground in business practices and procedures, but also works to increase the demand for the products that its development investments produce. In doing so a feedback effect is created which helps make the entire industry more sustainable.

With restrictions on hiring foreign workers, and government investments to develop and obtain new robotic technology, it is no surprise that robotic workers will continue to grow as a part of the Singapore economy.