“Our 2015 financial performance will continue to be driven by our Home Robot business. Home Robot revenue is expected to grow 10% to 12% in 2015 and comprise 90% of total company revenue.”
“Robotic toys can be very interesting, but it is important that the toy not 'dictate' how the child should play with it. Rather, it should take its cues from the child and enhance, teach, and enrich the play experience. We incorporated some of these features into a robotic baby doll we built for Hasbro in 1999.”
“Robotics has been around forever, and it's been the next big thing forever, and it is so exciting and compelling that it's easy to get carried away. People almost always do, and that's one of the things that has held back the industry.”
“Starting out, iRobot was not an economic rocket ship. It took six and a half years before we had enough money in the bank at the beginning of each month to make payroll. We always made it - we paid salaries at the end of the month, and I always had four weeks to figure things out.”
“The idea that a robot will become more aware of its environment, that telling it to 'go to the kitchen' means something - navigation and understanding of the environment is a robot problem. Those are the technological frontiers of the robotics industry.”
“The ideal vacuum cleaner would be one you never see. It needs to not just be a cool gadget, but a product that cleans your floor correctly. I can imagine people having a cupboard full of robots that only come out when you need them to fulfil a specific purpose.”
“There are so many opportunities to make a bad decision in building a robot company on top of all the normal ways that entrepreneurs screw up that it is incredibly difficult to truly create value because it is so cost-sensitive.”
“We will not have humanoid androids. It's interesting: when you start trying to make robots look more human, you end up making them look more grotesque. It takes very little to go from super-attractive robot to hideous robot.”
“We're going to have robots in the home, but they're not going to be walking. Legs are complicated, unreliable and costly. Robots are going to look and be designed to meet the function they're supposed to perform. People will still name them and connect with them.”
“What did everyone think robot vacuuming was going to be? Well, they think Rosie the Robot from 'The Jetsons,' a human robot that pushed a vacuum. That was never going to happen.”