Found in Robotics News & Content, with a score of 4.65
July 22, 2022
…of the 20 largest e-commerce retailers in Spain, including Amazon, Apple, Inditex, AliExpress, Nike, and Nespresso. The company offers coverage in more than 100 European cities. In January, Paack secured $225 million in Series D funding. It said it is scaling up its e-commerce operations and digitalizing its logistics process to better support customers all over Europe. The company's Madrid distribution center (DC) covers more than 27,000 sq. m (290,000 sq. ft.) and handles the distribution of parcels to over 60 cities in Spain. Paack's facility is divided into two sections: a mezzanine level for sorting and a picking section…
Found in Robotics News & Content, with a score of 4.62
May 06, 2022
…orchestrated in a very concise and precise way,” he said. VandenBrook said interoperability is “critical” as companies such as Amazon and Shopify continue to invest billions to build up fulfillment centers. “As an ecosystem, clients are going to demand the best point solution for their operation in order to give them a competitive advantage in the marketplace,” he said. “I don’t see that changing in the future.”
Found in Robotics News & Content, with a score of 4.60
December 29, 2022
…heavyweights have also taken flight after years of development. Amazon Prime Air began deliveries in California and Texas this year, and Walmart started services in Arizona, Florida, and Texas. FedEx Express plans to begin drone cargo deliveries with Elroy Air in 2023. How much could the drone delivery market grow? Estimates vary widely. Future Market Insights projected a 33% compound annual growth rate (CAGR), from $322 million in 2022 to $5.5 billion in 2032. Research and Markets forecast a CAGR of 49%, from $228 million in 2022 to $5.5 billion by 2030. Allied Market Research predicted a compound annual growth…
Found in Robotics News & Content, with a score of 4.58
April 12, 2021
…general, there aren't enough people,” responded Huerta. “Even as Amazon fulfillment centers are growing, people are jumping ship for a 50-cent change in salary. In addition, people see the advancements in driverless cars and ask, 'Why aren't they in our warehouses?'” “We're one of the few applying an AMR philosophy to forklifts, tuggers, and palletization,” he said. “Our primary focus is on logistics, but we're also holding onto our development aspect for advanced robotics applications such as healthcare.” “Once we can do what we can in the warehouse, we want to go outside in the trucks, where we understand there…
Found in Robotics News & Content, with a score of 4.58
June 09, 2022
…addition, the company has established a large-scale partnership with Amazon for remote health, safety, and security monitoring. New investors join backers Vayyar's Series E round includes first-time backers GLy Capital Management and Atreides Management LP. Existing investors included KDT, Battery Ventures, Bessemer Ventures, More VC, Regal Four, and Claltech. To support investor outreach in China, Vayyar engaged China International Capital Corporation Limited (CICC) as its lead financial adviser. “KDT is excited to help further Vayyar's vision to improve the health and safety of people's lives at a global scale,” said Brett Chugg, senior managing director of Koch Disruptive Technologies. “Their…
Found in Robotics News & Content, with a score of 4.56
October 31, 2018
…the embedded intelligence required to take advantage of machine learning and other developments. Related: Should Retail Stores Tackle “the Amazon effect”? Related White Papers Using Automation to Manage Growth in E-commerce Fulfillment Robotic-based automation solutions enable the flexibility to effectively manage both seasonal and sustained growth. Download Now!
Found in Robotics News & Content, with a score of 4.56
April 09, 2021
…After all, the cloud is a commodity. Companies like Amazon, Google, Microsoft, Oracle, SAP, and others make billions of dollars because they know how to package, deliver, and support that commodity at scale. So it will be with autonomous robots. Execution will drive AMR adoption If all the above factors have only heightened demand for AMRs in sectors like logistics, manufacturing, retail, consumer goods, and pharma, then we should expect a large number of robots to enter service in those sectors. However, I do not expect that robot uptake will be concomitant with demand until we have resolved the product/market…
Found in Robotics News & Content, with a score of 4.49
April 24, 2023
…expert human supervision,” he added. Groundlight emerges from stealth Amazon AI veteran Dirac and Microsoft Hardware alumnus Avi Geiger co-founded Groundlight in 2019. The company emerged from stealth with $10 million in new funding led by Madrona, with participation from Greycroft Partners, Founders Co-op, Flying Fish, AscendVC, and EssenceVC. Groundlight asserted that its “platform empowers any developer, even those without data science experience, to quickly build robust vision solutions.” Previously, developers would have to gather and label a dataset, train a model, and then figure out a machine learning operations (MLOps) system to maintain it. This process could easily take…
Found in Robotics News & Content, with a score of 4.44
January 13, 2023
…manufacturers and retailers. Only big companies like Walmart, Target, Amazon, GXO, DHL, or Kroger could automate. While we were talking about a labor crisis coming, it was hard work to sell robotics. The companies that leaned in early on are now scaling automation—they've made those investments. Now, everyone realizes it's happening, and there's no debate over whether to automate. It's now, “How do we do it? How can we make it happen with no skills within the organization?” SVT Robotics said its SOFTBOT integration platform and network of partners can help warehouses bring in robots. Click image to enlarge. Source:…
Found in Robotics News & Content, with a score of 4.41
May 17, 2023
…has innovation experience from startups and companies such as Amazon, HP, IBM, Microsoft, and Samsung. It claimed that its growing list of customers and investors represents a wide variety of industries across Canada, the U.S., and other countries. Last spring, the company announced the completion of its Series A funding round. In November, the company received a C$30 million ($22.2 million U.S.) Strategic Innovation Fund (SIF) contribution from the government of Canada, bringing its total funding to over C$100 million ($74.2 million U.S.). Sanctuary AI said it is actively raising its next funding round. To fulfill the ambitious mission of…
Found in Robotics News & Content, with a score of 4.39
October 24, 2019
…facilities in the region.” As logistics has changed and Amazon has raised consumer expectations for order processing time to the door, retailers have felt the pressure to maintain productivity and yet turn orders around within an hour or two of receipt, Cera explained. Vargo’s fulfillment solutions, including its leading-edge Warehouse Execution System (WES) software called COFE® (Continuous Order Fulfillment Engine), have enabled retailers to be successful in a very competitive market. Vargo offers complete fulfillment solutions for e-commerce, retail, wholesale and manufacturing clients. COFE®, its intelligent software, drives the fulfillment of many global retailers’ distribution centers across the country, including…
Found in Robotics News & Content, with a score of 4.33
February 24, 2023
…However, it didn't take long for companies such as Amazon and Tesla to realize that “lights-out” facilities are not necessarily as good as those with the right people. That’s why some design innovation experts are now saying that, in order for real progress to take place, businesses and societies must embrace strategies that allow robots and humans to collaborate to build a more sustainable workplace for the future. While human and AI-driven robots have been working together for a while now, today's AI capabilities weren't even on the radar in the earliest days of computing. The sweet spot of optimal…
