Found in Robotics News & Content, with a score of 7.62
September 06, 2018
GreyOrange, the global leader in AI-powered robotics systems for flexible automation across fulfillment centers in supply chain, has announced US$140 million in Series C funding, marking the largest round ever raised by an industrial robotics company. Mithril Capital, co-founded by Ajay Royan and Peter Thiel, led this round, which included Binny Bansal and other existing investors including Blume Ventures. They join Mitsubishi, Flipkart, and the Project Verte as investors in the company. Ajay Royan, Co-Founder and Managing General Partner of Mithril Capital, will join the GreyOrange board. “As a global investor focused on emerging category leaders, Mithril is proud to…
Found in Robotics News & Content, with a score of 1.94
September 06, 2018
Aerial Inventory Robots Unlike their highly publicized home delivery cousins, drones designed for warehouse uses have been flying under the radar. However, a high-profile board appointment to an indoor drone pioneer could mean aerial inventory robots are ready to come out of the shadows. In August, Chris Sultemeier, former executive vice president of logistics for Walmart, joined the board of warehouse drone pioneer PINC to help roll out the company's new technology. Read the Article: Former Walmart Executive Chris Sultemeier Joins Warehouse Drone Pioneer PINC “I’ve had the pleasure of knowing the PINC team for almost four years now,” Sultemeier…
Found in Robotics News & Content, with a score of 6.06
August 28, 2018
GreyOrange, a global leader in AI-powered robotics systems for flexible automation in distribution and fulfillment centers, is establishing its U.S. headquarters in Atlanta, Georgia. To better serve local customers and meet market demands, the company has announced 50 new open positions across various departments. In its first client site in the U.S., GreyOrange will deploy 740 robots in Atlanta and create several thousand jobs across this and other initial client sites. To further support its growth, GreyOrange has started setting up its local manufacturing facility in the U.S. which will be completed in 2019. In the next three years, the…
Found in Robotics News & Content, with a score of 8.49
August 21, 2018
Multistory Vertical Fulfillment Centers As reported by Rob Smith, National Retail Reporter, CoStar Group, Amazon, the online innovator that changed retailing, now has plans for a futuristic airborne fulfillment center where it would use drones to deliver goods. The e-commerce giant was granted a patent for the concept last month, and it has another pending for a vertical warehouse that looks more like a skyscraper than a distribution center. The cutting-edge ideas show how far developers may have to go to address the growing demand for industrial space as more Americans shop online. Already, the first multistory warehouses in the…
Found in Robotics News & Content, with a score of 2.40
August 13, 2018
The reality is that robots and people will be working side-by-side in warehouses for years to come. The ecommerce transition will continue to drive net job growth in DCs, even as companies invest in automation. As robots find their place in the DC, warehouse operators will face new challenges in coordinating and optimizing the work of humans and their robotic coworkers. Part of this optimization and warehouse execution challenge is to balance an array of operational metrics, not just to reduce the total number of labor hours worked. In the long run, more robots may mean fewer overall warehouse jobs,…
Found in Robotics News & Content, with a score of 5.62
August 02, 2018
inVia Robotics, the provider of the next generation of robotics warehouse automation solutions for e-commerce fulfillment centers, today announced $20 million in new funding. The Series B round was led by Point72 Ventures and included investments from Upfront Ventures and Embark Ventures. The funds will be used to boost the commercial deployment of inVia’s Picker robots and cloud-based Robotics-as-a-Service (RaaS) management system in warehouses as necessitated by the scaling e-commerce market. “To compete with behemoths like Amazon, warehouse automation is critical for e-commerce companies; but the overhead cost of purchasing a fleet of robots is often beyond reach,” said Lior…
Found in Robotics News & Content, with a score of 3.03
August 02, 2018
Growing automation capabilities in the manufacturing space coupled with increasing penetration of advanced technologies, such as IoT, RFID, and AI, are expected to drive the material handling equipment market growth. Automated material handling systems are gaining popularity with the growing inclination of industries to replace human labor with automated systems. RFID, IoT, and Automatic Identification & Data Capture (AIDC) technologies are becoming significantly popular as they improve the order fulfillment processes and help in enhancing productivity across the supply chain. As human capital is becoming difficult to retain and recruit, automated material handling solutions are aiding companies in managing the…
Found in Robotics News & Content, with a score of 11.41
July 31, 2018
Capacity, a leader in order fulfillment, e-commerce, and electronic data interchange (EDI), has partnered with the robotic piece-picking experts at RightHand Robotics. The collaboration will integrate the Massachusetts-based company’s RightPick automation system into Capacity’s fulfillment solution offering. The robotic workcells will be integrated with existing warehouse material handling systems, such as those from Lightning Pick, and will increase the level of automation. The integration of RightPick technology will begin in Capacity’s New Jersey fulfillment center this year, and later expand to its California location. Capacity handles thousands of e-commerce and B2B orders daily. The company’s initial use of robotic piece-picking…
Found in Robotics News & Content, with a score of 2.94
July 09, 2018
If you wanted to create the perfect mix of conditions to trigger the growth of a type of automated equipment for distribution center operations, you couldn’t do much better than the factors lining up in favor of robotics. E-commerce and omni-channel fulfillment are driving labor-intensive piece picking, and warehouse labor is increasingly difficult to find and retain. DC operators know they need to automate to reduce these challenges, but few operations are able to plunk down millions for traditional automation projects that carry long payback times and might be difficult to reconfigure. Enter a new generation of robots, based on…
Found in Robotics News & Content, with a score of 7.05
June 25, 2018
GreyOrange, a multinational robotics and supply chain automation company, and Advanced Warehouse Solutions, their distributor in Australia, will showcase the Butler range of robotics solutions at CeMAT Australia 2018, at the Melbourne Convention and Exhibition Centre on 24-26 July. Ashley Henderson, National Sales Manager, Advanced Warehouse Solutions said, “We are proud to partner with GreyOrange and present their AI-enabled robotics solutions to the markets in ANZ. The Butler goods-to-person system has been well received and deployed in sites across Asia and Europe and we are excited to share its many applications. We invite visitors to meet with our Solution Experts…
Found in Robotics News & Content, with a score of 5.66
June 08, 2018
We all like to talk about the rapid rate of change. People said it 100 years ago, and we’re still at it, usually claiming that the current rate of change is unprecedented. Whether that’s true is not really the point anymore. Instead, change is now indisputably a constant state. And, we all better be coping with it. This month’s Big Picture offers five glimpses into what specifically is changing. The comments here range from new designs and operational modes for warehouses to a completely new supply chain model called the Physical Internet. Then, there’s mobility and wearables as well as…
Found in Robotics News & Content, with a score of 4.42
May 22, 2018
Plus One Robotics, Inc., a 3D vision and controls developer for robotic automation in the logistics and e-commerce markets, announced the commercial release of the PickOne Perception system, an integrated 3D vision solution for imaging parcels and generating robot pick points. Plus One Robotics has partnered with leaders in robot manufacturing, system integration, and e-commerce to develop this technology for the order fulfillment and parcel shipping markets. Rising consumer demand for shorter delivery times has increased the need for improved efficiency in sortation, induction, and singulation of the millions of packages which must be handled each day. The repetitive nature…
