Found in Robotics News & Content, with a score of 6.73
November 28, 2022
…service fee. Or, you could have more capex or opex [operating expenses], which gives us and customers some flexibility. Since Ottobot 2.0 launched in August, we've had 10 to 12 new customers, so there are more learnings to go on which is better for each. People love RaaS, but customers are also realizing they want the “stickiness” of a service model but want to get rid of some capex right away. Simultaneous deployments prepare for future growth In August, Ottonomy closed a $3.3 million seed round. How is your global expansion going? Vijay: There's always the battle for startups between…
Found in Robotics News & Content, with a score of 40.07
August 10, 2022
OPEX Corp. will have a presence at this year’s IMHX 2022, which will be held from Sept. 5 to 9 at NEC Birmingham in Marston, England. This will be the first time the Moorestown, N.J.-based company will exhibit its Sure Sort robotic sorting system at a U.K. show. This will also be OPEX’s first time exhibiting at IMHX at all, which bill itself as U.K.’s largest showcase of materials handling services and equipment. Sure Sort System can scale up The company said the sorting systems include iBOT robots that can process up to 2,400 items each hour with as little…
Found in Robotics News & Content, with a score of 40.06
July 06, 2022
OPEX Corp. said it plans to showcase its technology at the CeMAT Australia intralogistics and materials handling trade show later this month. OPEX automation experts will discuss the capabilities of Perfect Pick, its robotic goods-to-person picking system, and Sure Sort, its robotic sorting system. In addition, it will share information on the new Infinity automated storage and retrieval system (ASRS). The company is headquartered in Moorestown, N.J., and has facilities in Pennsauken, N.J.; Plano, Texas; France; Germany; Switzerland; the U.K.; and Australia. OPEX has more than 1,600 employees. OPEX offers efficiencies worldwide Perfect Pick is an ASRS for e-commerce fulfillment…
Found in Robotics News & Content, with a score of 9.65
June 06, 2022
…Francisco-based company. Each RMO can be “hired” for an OpEx-friendly subscription of $2,100 a month. Rapid Robotics said its RMO is affordable at just $25,000 a year, and the system requires no programming, systems integration, specialized hardware, or robotics skills. Manufacturers can see returns on investment (ROI) in months, claimed the company. Fast Company magazine recognized the Rapid Machine Operator as one of its “Next Big Things in Technology” for 2021. Rapid Robotics’ founding team combines robotics and manufacturing expertise with a software-as-a-service (SaaS) business model. Its investors include Tiger Global, Kleiner Perkins, NEA, Greycroft, Bee Partners and 468 Capital.…
Found in Robotics News & Content, with a score of 2.51
May 05, 2022
…evaluating on a regular basis are the AutoStore and OPEX SureSort. The traditional competitors to these goods-to-person technologies are pick modules, unit sorters and put-walls to name a few. LM: Robotics is certainly one of the hottest topics in automation. Considering all of the excitement, what are you actually seeing in your day-to-day work with clients? Saenz: The majority of warehouse operations in industry today remain conventional and don’t likely require automation and robotics to achieve their required levels of efficiency. I have been surprised, however, at the level of interest in automation even within these lower-volume operations. We have…
Found in Robotics News & Content, with a score of 9.63
April 08, 2022
…and supply chain disruptions, it was quite remarkable. The OPEX Infinity solution was impressive. No surprise—OPEX traditionally has a high standard for its technology. With Infinity, the company has done a great job of solving high-density racking while maintaining tremendous throughput. Berkshire Grey's Spectrum Gripper, a picking arm with a single suction end, is solving for enormous assortment and size of materials. This flexibility will enable warehouses to lower operational costs. Matt Wade, BlueBotics Wade: It was interesting to see more automated vehicle suppliers showing examples of fleet operation and interoperability—two themes that end users are demanding more and more.…
Found in Robotics News & Content, with a score of 11.42
April 04, 2022
…fellow MODEX attendees was the new goods-to-person system from OPEX, which decouples robots from its high-density storage medium. Goods-to-person isn’t new for the industry or OPEX, but the new product is a sustaining innovation based on what the company has already done. Industry consolidation continues One notable deal around the show was the acquisition of SDI Systems by Element Logic, a Norwegian firm that is the largest integrator of AutoStore. SDI will serve as Element Logic’s base to enter the North and South American markets. Examples of partnerships to gain access to new markets included Murata Machinery and AGVE Group,…
Found in Robotics News & Content, with a score of 7.40
November 25, 2021
…warehouse applications developed by systems integrators such as AutoStore, OPEX, Bastian, Swisslog, TGW, and Kuecker Pulse Integration (KPI). “We haven’t done any marketing and surprisingly we don’t have any dedicated sales reps, yet we’ve deployed a large number of robots,” said Kalouche. “I think this is a testament to the high demand for what we’re building and to our product and how well it works. We let the robots speak for, and sell, themselves. To date, we have 100% customer retention and 100% repeat customers.” “With logistics and fulfillment experience at Amazon, iHerb and other retail companies, I've worked with…
Found in Robotics News & Content, with a score of 14.30
October 10, 2021
…Monty McVaugh, manager of the product management group at OPEX. He cited several factors beyond the increasing number of returns as e-commerce grows. Increased volume requires increased speed of processing returns, and automation is just faster than manual operations, said McVaugh. Furthermore, labor continues to be a problem. “The longer companies stay with manual processes, the more painful the move to automation will be,” McVaugh said. “For reverse logistics, the issue is no longer if, but when automation will move into the primary position.” Managing returns Let’s be clear up front. Automation is not the de facto answer for all…
Found in Robotics News & Content, with a score of 6.13
September 10, 2021
…financial risks, customers only pay a flat monthly fee (OpEx) that is competitive with existing labor rates. It’s time for organizations to experiment and innovate RIOS provides a one-stop shop solution — the company builds Industry 4.0 hardware, software and customized workcells for clients to maintain a seamless workflow in the factory. In addition, RIOS pushes the boundary of automation to provide “lights out” factories in partnership with its network of systems integrators. For companies, there is a host of benefits in adopting robots 2.0, from being able to increase or decrease in real-time the capacity of their production lines,…
Found in Robotics News & Content, with a score of 5.93
August 30, 2021
…doing for the next few years. Companies prefer predictable OPEX [operating expenses] to the risk of unforeseen expenses. They don't have enough money or time to install new systems.” “Also, the automation industry is misaligned,” he said. “Integrators are incentivized to sell equipment that's marked up, and they quote only system partners. Most financing locks in high lending rates, and OEMs want to sell as much equipment as they can.” “Manufacturers just want outcomes,” noted Kerr. “We've found they don't care what technology gets the job done. They don't have brand loyalty.” “We came to the conclusion that what manufacturers…
Found in Robotics News & Content, with a score of 12.79
August 01, 2021
…a robots-as-a-service (RaaS) business model. It is a pay-as-you-go (OpEx) plan, which allows customers to fund their automation needs with zero upfront capital commitment. A “$0 down with zero risk” value proposition is extremely attractive, not only for SMBs that are cash strapped but also for larger companies that want to take on more risks. The RaaS model is gaining more momentum and becoming more widespread. Better jobs and an upskilled workforce are starting to emerge Robots are not “job killers” — certainly, there are dirty, dull, and dangerous roles that are being phased out, but an even higher number…
