Found in Robotics News & Content, with a score of 7.93
January 18, 2022
…U.S. manufacturers buy outcomes instead of having to take tech, integration, and financing risk themselves.” “We know these are some of the most high risk-reward ratios that exist in the world with high IRRs [internal rates of return],” Tan said. “Formic makes it a no-brainer for thousands of factories and manufacturers.” Initialized Capital is an early-stage venture firm that has invested in companies such as Coinbase, Instacart, Flexport, and Cruise. The firm said its portfolio—which spans over six core funds—is worth more than $100 billion, and more than 20 companies are valued at $1 billion or more. “The big distinction…
Found in Robotics News & Content, with a score of 7.76
June 08, 2018
…Coca-Cola material handling and distribution chair and professor at Georgia Tech On the Physical Internet It all started as a headline in the Economist in 2006. I picked up a copy at the airport on a trip back to America. The idea of a Physical Internet sounded interesting. Unfortunately, the articles never explained what a Physical Internet would be. But the idea was so interesting to me that I spent the next six months coming up with my own definition. The Physical Internet (PI) is the supply chain’s metaphor for the Information Internet. Quite simply, the Physical Internet is a…
