Mark Oleynik
Founder and CEO, Moley Robotics

Rosie the robot from The Jetsons cartoon first aired in 1962 is not a fantasy anymore. According to the latest report on service robots and drones from the leading market research company IHS Technology, these advanced machines will finally make it beyond military use and become mainstream for the consumer. The consumer service robots segment is growing – North America contributed more than $2.41 billion to the overall industry share in 2014 and predicted to touch $8.61 billion by the end of 2022 as stated by Global Market Insights.

Envision American homes with an automated kitchen capable of whipping up Michelin-star-worthy delicacies at the touch of a button – that’s the prototype right now that will be available to consumers in the U.S. in the next couple of years. The concept is simple, engineering is staggeringly advanced. Motion-capture technology traces the movements of the world’s top chefs as they prepare their most succulent dishes. Then, space-age, robotic hands swing into action to recreate those masterpieces or even teaches the homeowner how to make them. Sharing favorite recipes can also happen by the way of combining both artificial intelligence and robotics. It sounds futuristic, but it’s happening – it is expected to soon revolutionize the housing market. This kitchen robot’s name is Moley.

Kitchens are typically the most popular upgrade in existing homes across the globe. An estimated 781,000 premium kitchens are dispatched annually in new build or renovations in Europe – where Moley was originated.

Indeed, there are some companies with nifty, rocket-man ideas aimed at reshaping the cooking experience, and many robots are revving up to take the kitchen into the space age. Roomba automated vacuum cleaner, Starship groceries delivery robot, and Alexa, the smart assistant, are already in our homes and are changing our lives.

Many inventions presented at the 2016 Consumer Electronics Show in Las Vegas, Nevada prove that the growing number of home appliance makers understand the evolution in this market. Home appliance makers are thinking more like technology companies who know that they need to take advantage of robotics.

Do you remember the last time you had to stand in line to buy your plane ticket? When was the last time you had to pay for an international call? How about talking to the bank teller to deposit money into your account? Today, we are surrounded by services that revolutionized the virtual marketplace – consumers want more things faster and at the best market price. The wider the palette of our desires, the more algorithms of task optimization will be on to the market. It is finally time for material or physical object optimization. Robotics is a bridge between virtual and physical optimization.
In the next five years, when the market matures and the competition increases, the price of smart appliances and sophisticated inventions will drop. That means that consumer robots will be affordable to anyone. I believe by as early as 2020, home appliance companies will move beyond major and small home devices and start to produce a wider range of technology products, including home robotics.

The connected home is not a conversation about the future of technology – it is a discussion about work and life balance. For example, Moley promotes healthier eating with options to specify any dietary or allergy restrictions; encourage less waste through ordering, cooks just the right amount and also helps those who find it difficult to use kitchen utensils to make their own meals. This robotic technology is designed so that family or friends can spend more time together by reducing the amount of time spent in the kitchen.

Smart technology inevitably has become a bigger part of our lives and our homes. Automated, routine home tasks can contribute to better quality of life and less stress – homes as we know them are evolving into a smarter way of life.

Mark is an accomplished Ph.D. mathematician, computer scientist and proven trailblazer. Results focused, his career to date is characterized by delivering demanding major projects to time and to budget. Prior to founding Moley Robotics, Mark was a co-founder and a major shareholder of a number of companies working in a healthcare sector in Russia and internationally.

In one year, the Moley invention was fully patented and the very first prototype of the Robotic Kitchen was created.

Mark’s approach to developing new products always was to work on technology that drives progress, improves people’s lives, and shortens or simplifies tasks in an everyday activity.

The Future Of Real Estate Services Seminar

FRIDAY, SEPTEMBER 27, 2016  –  9:00 AM TO 12:30 PM

Topics include: Social Trends and Online Acceptance, Best Apps for Securing and Servicing Clients, The Future Impact of Zillow and Trulia, Economic and Lifestyle Trends Effecting Purchases, Latest and Greatest in CRMs, Service Organizations and Political Affiliation, Upcoming Changes to the Purchase Contract, And Much More.

Tuition: $40

Credit: 3 hrs. Agency law