Reliance Industries is engaged in the exploration, development, and production of crude oil and natural gas in India and internationally. Reliance Industries is the second-largest publicly traded company in India by market capitalization and is the second-largest company in India by revenue after the state-run Indian Oil Corporation. Across all economic and social spheres, Reliance's product and service portfolio affects nearly all Indians on a daily basis.

Reliance Industries

Addverb

Addverb provides intra-logistics automation solutions based on industry 4.0 technologies. It aims to improve operations on a sustainable basis that provides clients a competitive advantage by strengthening their entire supply chain. Addverb takes a 4D approach comprising discover, design, deliver, and dedicated support for the digital transformation of material handling processes, aimed at augmenting safety, scalability, and flexibility. Addverb's services include automated guided vehicles, pallet shuttle, and industrial IOT assistance that offer technical insight and rich operational experience to integrate operational technology and information technology to design and implement better automation assistance.

Based in India, Addverb develops autonomous mobile robots (AMRs), picking technologies, automated storage and retrieval systems (ASRS), and warehouse management and execution software, targeting micro-fulfillment, grocery retail, ecommerce, logistics, and airports use cases. Addverb offers five types of AMRs; 1) Dynamo for material movement, 2) Quadron, a carton shuttle robot that accelerates picking and order fulfillment, 3) Cruiser, a pallet shuttle robot that enables vertical space utilization and facilitates first-in-first-out (FIFO) and last-in-first-out (LIFO) operations, 4) sorting robot Zippy, and 5) UV disinfectant APR Decimator. Addverb also introduced <a href="https://sp-edge.com/updates/12042?industryIds=17">Medius,</a> a new multi-level shuttle (MLS) system targeting fuflillment operations, in August 2022.&nbsp;

Speeding up sales, cutting costs, and preparing for the future of retail—whether brick-and-mortar or online.

Retail Industry Robots

Addverb Technologies (Addverb) is an India-based developer of warehouse automation solutions and related software for material movement, sortation, picking, storage, and reverse logistics. Its product portfolio includes

AI, robotics, and IoT to streamline the flow of goods and information

Logistics Tech

Addverb Technologies is a global robotics and warehouse automation company founded in 2016 and headquartered in Noida, India. The company designs, manufactures, and implements end-to-end automation solutions for warehouses and factories, leveraging technologies such as artificial intelligence, machine learning, automated storage and retrieval systems (ASRS), and internet of Things (IoT). Addverb's product portfolio includes autonomous mobile robots, carton shuttles, picking technologies, automated storage systems, and warehouse management software aimed at improving the efficiency and accuracy of warehouse operations.

Addverb's mega robot-making unit in UP touted to power 3,000 jobs

Meet Medius: Addverb Technologies' New Automated and Dynamic Shuttle System to Optimize Micro Fulfillment Services and Delivery Demands

Kardex and Addverb start partnership in the area of intralogistics software

India's coolest start-ups: Meet the founders of automated solutions provider Addverb Technologies

Automated Material Handling Market Growth Set to Surge Significantly during 2022 to 2031 | Addverb Technologies Private Limited, BEUMER GROUP

Addverb Technologies Expands State-of-the-Art Warehouse Robotics Solutions to Americas Following $132 Million Series B Funding

Know the Company : What is Addverb Technologies; Reliance Retail's latest acquirement

Automated Material Handling Market to increase by USD 37.47 billion from 2022 to 2027, Growing e-commerce industry to drive the growth - Technavio

backed warehouse automation company Addverb Technologies opens new Software Development Centre, ET Infra

Addverb opens second software development centre in India

[Exclusive Interview] This Made In India Robotics & Automation Company Aims Rs 1000 Crore Revenues In Next 2 Years

Making cold chains faster, smarter, and cooler.

Cold Chain Innovation

Addverb Announces Partnership with PekaKroef in The Netherlands

PepsiCo

To automate Gillette Pepsi Companies' distribution centers in the US Midwest, leveraging Addverb's robotic automation solutions and enterprise software to enhance efficiency, flexibility, and scalability.

Companies developing automation technology for warehouses like robots (including inventory drones), cobots, automated storage and retrieval systems (ASRS), and related software.

To enhance throughput and efficiency at a DHL Supply Chain distribution facility in Columbus, Ohio, by deploying Addverb's sortation robots and enterprise software solution.

Amazon Web Services

Addverb, a prominent automation and robotics solutions provider for the supply chain and logistics sector, has teamed up with Amazon Web Services (AWS) to enhance the effectiveness of its warehouse automation solutions.

Element Logic

Partnered with Addverb Technologies, a robotics company, to integrate its solutions for autonomous mobile robots (AMR) as well as fleet management, into Element Logic's existing portfolio of automation solutions.

The Numina Group

Partnered with Addverb Technologies, an automation solutions company, to provide Numina group's customers access to Addverb's mobile robots for automation solutions within North American warehouses.

Based in India, Addverb develops autonomous mobile robots (AMRs), picking technologies, automated storage and retrieval systems (ASRS), and warehouse management and execution software, targeting micro-fulfillment, grocery retail, ecommerce, logistics, and airports use cases. Addverb offers five types of AMRs; 1) Dynamo for material movement, 2) Quadron, a carton shuttle robot that accelerates picking and order fulfillment, 3) Cruiser, a pallet shuttle robot that enables vertical space utilization and facilitates first-in-first-out (FIFO) and last-in-first-out (LIFO) operations, 4) sorting robot Zippy, and 5) UV disinfectant APR Decimator. Addverb also introduced <a href="https://sp-edge.com/updates/12042?industryIds=17">Medius,</a> a new multi-level shuttle (MLS) system targeting fuflillment operations, in August 2022.&nbsp;The company’s picking solutions include Rapido, a set of hardware and software that improves order fulfillment efficiency, and voice-directed picking technology Khushi that enables hands-free order fulfillment.&nbsp;As of April 2024, Addverb had operations in India, Australia, Singapore, the Netherlands, Germany, the UAE, and <a href="https://sp-edge.com/updates/8542">North and South America.</a>Key customers and partnershipsIn April 2022, the company partnered with micro-fulfillment-as-a-service provider <a href="https://sp-edge.com/updates/9813">Davinci Micro Fulfillment</a> to launch and expand automated micro-fulfillment centers (MFCs) across North America.

RADAR provides an integrated hardware and software solution powered by RFID with computer vision technology for automated inventory monitoring and autonomous checkout for retailers. The company’s technology was developed in-house, using proprietary signal processing technology and location algorithms.RADAR’s inventory monitoring solution provides real-time inventory insights and can reportedly track inventory location with slight movements. It enables retailers to track customer interactions with inventory, down to item levels.&nbsp;RADAR’s software also uses computer vision and RFID to monitor customer-product interactions within the stores and maintains a virtual cart of items picked up by customers, facilitating automated checkouts.&nbsp; &nbsp;&nbsp;Key customers and partnershipsAs of August 2023, the company had implemented its platform across over 1,000 stores.

RADAR

Based in France, Exotec develops an automated order picking system named “Skypod” for retailers, which is capable of prioritizing orders for optimum responsiveness by automating the movement of goods from bin storage to workstation.The company’s Deepsky software uses mathematical models to control its fleet of bin-carrying robots to ensure continuous activity. Deepsky software can be integrated with Exotec’s software and third-party automation equipment. It can also collect data for improved performance visibility. The Skypod system can be integrated with the rest of the warehouse logistics chain or used as a standalone fulfillment system.Key customers and partnershipsExotec’s retail customer partnerships include retailers such as Carrefour, Ariat, Supplyweb, Cdiscount, and Monoprix. As of April 2023, Exotec had deployed 5,000 Skypod robots.Exotec partnered with Advanced Handling Systems (AHS), a system integrator and provider of material handling and storage systems, to deploy Exotec’s solution in North America. AHS has deployed Exotec’s solutions for Ariat International, Comoto Holdings, and Gymshark.

Exotec 

Chile-based Zippedi provides autonomous mobile robots for inventory fulfillment and store management via its robot Bruno. The robot is 70 centimeters tall, weighs 30 kilos, and uses&nbsp; AI to detect insufficient inventory, incorrect price labels, and misplaced items. Bruno is equipped with high-resolution cameras and various sensors for generating real-time information.&nbsp;In July 2020, the company introduced more features to help retailers better manage their inventory by adding a mapping feature for third-party platforms enabling them to identify the specific aisle to pick up items using their app. Zippedi also allows integration with third-party platforms. In January 2023, Zippedi launched Bruno App to enable retail employees to manage Bruno using their mobile devices.Key customers and partnershipsAs of January 2023, Zippedi’s Robots were available in 200 stores across North and South America, with plans to expand deployment to Australia and Germany. Bruno was initially deployed in five supermarkets in Chile in October 2019, including Cencosud,&nbsp; Tottus, Home Center, and Walmart.In <a href="https://sp-edge.com/updates/29105">April 2024</a>, Zippedi teamed up with supermarket chain SMU to deploy autonomous mobile robots (AMR) at Unimarc supermarkets. Zippedi planned to roll out the technology in six Unimarc stores across Chile.

Zippedi

BrainCorp is a software development company that specializes in AI systems for the autonomous robotic industry. The company develops specialized operating systems for autonomous robots, integrated with advanced machine learning and computer vision systems. The company’s pre-product work was doing R&amp;D for Qualcomm Inc. and the US Defense Advanced Research Project Agency (DARPA).&nbsp;&nbsp;Brain Corp’s key product offerings solutions include autonomous inventory management, which utilizes computer vision and RFID technology to monitor shelf inventory and generate inventory insights; “BrainOS Inventory Insights,” the company’s proprietary in-store inventory analytics solution; and inventory scanning robots to generate actionable inventory insights such as shelf-restock alerting, price tag compliance alerting, planogram compliance, and task management automation. The comapny’s solution utilizes Google Cloud's Vertex AI Vision models. In <a href="https://sp-edge.com/updates/26301">January 2024</a>, Brain Corp announced the launch of its “BrainOS InventoryAI Suite,” a suite of AI-powered inventory analytics solutions that enables retailers to integrate inventory intelligence into their operations.Brain Corp’s Floor Care solutions utilize advanced cameras and LiDAR sensors to manage fleets of floor cleaning autonomous mobile robots. Brain Corp’s technology also powers Inventory Scan, a floor-scrubber robot integrated with shelf analytics technology developed in partnership with Tennant. In January 2022, the company introduced BrainOS Mobile, which directly connects operators and managers with their BrainOS-powered robotic fleets. In September 2023, it launched <a href="https://sp-edge.com/updates/21622">Site Maps,</a> a feature that provides visual representations of a facility's environment and insights into site operations.Key customers and partnershipsAs of March 2024, BrainCorp had over 32,000 robots subscribed to the company’s BrainOS platform across autonomous floor scrubbing, autonomous vacuuming, and autonomous inventory scanning segments. In October 2022, Sam’s Club deployed floor-scrubber robots integrated with Brain Corp’s inventory scanner technology across 600 stores.&nbsp;BrainCorp’s operating systems power 1) Whiz, an autonomous vacuum cleaner sold by Softbank robotics and ICE Robotics, 2) Inventory Scan, and 3) <a href="https://sp-edge.com/updates/26301">Dane AIR</a>; an autonomous inventory scanning robot developed by Dane Technologies.&nbsp;It also announced the adoption of <a href="https://sp-edge.com/updates/10838?industryIds=17">Google Cloud</a> in May 2022 as the core technical infrastructure to manage its autonomous mobile robot (AMR) fleets to offer data integration and reporting capabilities to users.

Brain Corp

Cosmose offers a customer analytics platform that helps in analyzing and predicting customer off-line shopping behavior. The company keeps track of the offline shopping behavior of over 1 billion people, using artificial neural networks to predict who is likely to visit a store. The platform provides insights on customers that did not make a purchase, window shoppers, and the customers that went into the fitting room (in fashion retail) but did not buy anything. Users can also connect with competitors’ customers as well to analyze their behavior. In order to protect the privacy of consumers, the company uses alphanumeric IDs named OMNIcookies which do not collect personal information. The company has offices in Europe and Asia.Key customers and partnershipsThe majority of the company’s customers are from China and Japan which includes Walmart, Marriott, Samsung, LVMH, and Shu Uemura. As of April 2023, Cosmose’s technology was used in over 20 million venues in Asia.In April 2023, Cosmose announced plans to apply Web3 principles to advance the company’s retail ecosystem as part of a strategic partnership with NEAR Foundation, a Web3 technology company.

Cosmose

Companies developing robots that offer directions, assist with queries, and provide in-store entertainment to customers while providing insights on customer behavior. 

Companies that develop autonomous cleaning and sanitation robots for use in retail floors. 

Companies developing stock counting, price tagging, and consumer data aggregation robots mainly targeted for use in supermarkets and department stores.  

Companies developing robotic technology for automated online order preparation solutions and micro-warehousing centers designed to assist SME retailers with order fulfillment.

Companies in "customer analytics" and "inventory management" often makes use of technologies such as IoT

Compared with 4G, 5G is better suited for heavy density of professional service robots

Almost all companies operating in micro fulfillment and floor cleaning segments use robotics

Companies in “customer analytics” and “inventory management” often use technologies such as AI and ML

Addverb Technologies (Addverb) is an India-based developer of warehouse automation solutions and related software for material movement, sortation, picking, storage, and reverse logistics. Its product portfolio includes1) Automated Storage and Retrieval Systems (ASRS): Carton shuttles, mother-child shuttles, pallet shuttles, <a href="https://sp-edge.com/updates/12042">multi-level shuttles, </a>crane ASRS, and four-way pallet shuttles2. Person-to-goods systems: Pick-by-light and pick-by-voice systems3. Mobile robots: Autonomous mobile robots (AMRs), robotic sorters, multi-carton picking robots, vertical sortation robots, and rail-guided vehicles4. Software: Warehouse management systems, warehouse execution systems, warehouse control systems, and fleet management systems.The company operates on a subscription-based robotics-as-a-service (RaaS) business model, along with hardware sales.As of April 2024, Addverb had operations in India, Australia, Singapore, the Netherlands, Germany, the UAE, and <a href="https://sp-edge.com/updates/8542">North and South America.</a>Key customers and partnershipsAs of August 2024, Addverb had 350+ clients. Its customers included Reliance, Unilever, Flipkart, Coca-Cola, PepsiCo, Johnson &amp; Johnson, PAR Pharmaceutical, <a href="https://sp-edge.com/updates/27420">DHL Supply Chain,</a> and <a href="https://sp-edge.com/updates/32227">Myer.</a>In September 2022, Addverb partnered with <a href="https://sp-edge.com/updates/13206?industryIds=17">ABCO Systems </a>to combine technologies and offer warehouse automation solutions for the latter’s clients in the consumer goods industry.

<div>
 
 Boxbot develops automated sorting and storage solutions for warehouses. The company, which previously focused on developing autonomous delivery vehicles (ADVs) for 
 <a href="https://sp-edge.com/industry/1">
 last-mile delivery automation,
 </a>
 announced the shift in focus to develop warehouse robots 
 <a href="https://sp-edge.com/updates/22292">
 in September 2023.
 </a>
 It offers intelligent 3D parcel handling conveyor systems, specifically designed to increase storage density within a smaller footprint. Its platform can store, sort, and sequence high-throughput payloads while requiring minimal physical space. The company claims the system can handle up to 4,000 parcels per hour. The system is powered by &ldquo;Boxbot OS,&rdquo; which provides advanced analytics, systems controls, and predictive maintenance features.
 
 
 Key customers and partnerships
 
 
 Boxbot was in discussions with partners and had identified several sites for testing its warehouse automation technology as of September 2023. The company has conducted pilot tests in various use cases and notes the technology can be deployed at last-mile delivery centers, bonded storage warehouses, and customer pickup locations.
 
 
 Funding and financials
 
 
 <a href="https://sp-edge.com/updates/22292">
 In September 2023,
 </a>
 Boxbot raised USD 12 million in a Series A funding round led by Playground Global to strengthen its engineering and business operations and accelerate its go-to-market approach.
 
</div>

Boxbot

Based in France, Exotec Solutions (Exotec) develops warehouse automation solutions. Its main offering “Skypod,” is an automated storage and retrieval system (ASRS) with the ability to prioritize orders by automating the movement of goods from bin storage to workstations. Skypod units are powered by autonomous mobile robot (AMR) technology and have the ability to travel at high speeds and move in 3D environments.Skypod system is supported by Exotec’s end-to-end warehouse software, “Deepsky,” which uses technologies such as Webservices, RESTful API, and nodeRed to control elements of the Skypod system. Exotec can be integrated with warehouse management and warehouse control systems and enables Skypod to be integrated with third-party automation equipment. It also collects real-time data for performance visibility.Exotec’s other warehouse solutions include “Skypicker, ” an automated picking arm that uses machine learning-based vision to pick items from the Skypod robots and place them into fulfillment containers, and “Skypath,” an API-based modular plug-and-play conveyor system. It also builds stations made up of a ramp, a screen, and scanners for smaller warehouse spaces that use Skypod robots.The company offers its products on a robotics-as-a-service (RaaS) basis and has a presence in multiple countries in the Asia-Pacific, Europe, and North America.Key customers and partnershipsAs of February 2022, Exotec served over 50 companies. Its customers include Decathlon, Carrefour, Cdiscount, Uniqlo, Gap, Monoprix, Logilec, and <a href="https://sp-edge.com/updates/26080">Lane Automotive.</a>The company also has partnerships with system integrators such as 1) <a href="https://sp-edge.com/updates/24045">Bastian Solutions </a>and Advanced Handling Systems (AHS) to deploy Skypod systems in North America for retailers such as Gap, Ariat International, and GEODIS; 2) Korea-based engineering and IT service provider POSCO DX to expand its presence in South Korea. Its other integrator partnerships include Hy-Tek Intralogistics, Bastian Solutions, Klinkhammer Intralogistics, Unitechnik Systems GmbH, A1Sorter, LAC Conveyors &amp; Automation, Dexter Intralogistics, POSCO DX, Okura Yusoki, and IHI.Funding and financialsExotec reportedly generated USD 120 million in revenue in 2021. In January 2022, the company raised USD 335 million in Series D funding led by Goldman Sachs at a valuation of USD 2 billion. The funds were earmarked for hiring 500 engineers by 2025 and continuing its expansion drive in North America.

Exotec

Berkshire Grey provides AI-powered robotic solutions for ecommerce fulfillment automaton, smart store replenishment, package sortation, and micro-fulfillment solutions, targeting retail, ecommerce, and third-party logistics (3PL). Its product portfolio includes robotic pick-and-pack solutions, robotic induction stations, robotic pick-and-sort solutions, and mobile robotic fulfillment solutions. Berkshire Grey specializes in configuring, installing, commissioning, and servicing these solutions for customers. It also provides additional professional services, such as system maintenance, system operation, and cloud-based monitoring and analytics.The company offers its product with a variety of purchase options, including outright sale and robotics-as-a-service (RaaS), which allows customers to use the offerings without incurring large, up-front capital expenses.Berkshire Grey generated revenue of US 65.9 million in 2022; however, it was yet to turn profitable, as its operating loss amounted to USD 113.8 million. The company has been listed on the Nasdaq since August 2021 via a merger with a special purpose acquisition company (SPAC), which valued the combined entity at USD 2.7 billion (February 2021). However, the company entered a definitive merger agreement with its investor SoftBank Group in March 2023, which also took the company private (transaction closed in July 2023).Key customers and partnershipsBerkshire Grey’s customers include Global 100 retailers and logistics service providers, such as Walmart, FedEx, Ceva Logistics, Target, Maersk, and Bealls.The company also has partnerships with system integrator of fulfillment and distribution solutions AHS (September 2021), technology service provider Atos (October 2021), data-driven robotic solutions provider Swisslog (March 2022), autonomous mobile robot developer Locus Robotics (January 2023), and intralogistics solution company Kardex <a href="https://sp-edge.com/updates/33225">(September 2024)</a> to expand markets by combining technologies.

Berkshire Grey

ShipBob is a cloud-based third-party logistics (3PL) platform that offers a fulfillment order platform for small and medium-sized ecommerce businesses. ShipBob's proprietary technology covers the entire fulfillment process, including order and inventory management, warehouse management, predictive data and analytics, and optimized shipping (package delivery within 1–2 business days) for ecommerce companies. The company operates as a B2B software-as-a-service (SaaS) company.ShipBob operated a network of 50+ fulfillment centers across the US, Canada, Mexico, Europe, and Australia (as of April 2024). These centers serve as storage and distribution hubs for ShipBob's customers. ShipBob also <a href="https://sp-edge.com/updates/32676">facilitates Section 321-compliant order fulfillment</a> from Canada and Mexico, which allows merchants to reduce paperwork, speed up delivery times, and save on transportation and duties for high-tariff goods shipped to US consumers.The company also provides a merchant application that enables users to monitor inventory levels and facilitates communication with the warehouses for selecting items to fulfill orders and arrange their shipment. ShipBob then integrates with various shipping companies to ensure the delivery of orders to customers.Key customers and partnershipsThe company had 7,000+ customers as of April 2024. Its customers include PetLab, Bloom Nutrition, Storelli, zBiotics, Semaine Health, Postal, Bruce Bolt, Baby Doppler, Earthley, Spikeball, Pit Viper, Oxford Healthspan, RIFRUF, Food Huggers, NutriPaw, FlutterHabit, Quadrant, Juspy, and SuperSpeed Golf.The company has integrations with multiple platforms to ensure a smooth fulfillment process. Such integrations include the following:1) Ecommerce platforms and marketplaces such as Shopify, Amazon, BigCommerce, eBay, Magneto, Squarespace, Walmart, Wix, WooCommerce, Netsuite, <a href="https://sp-edge.com/updates/22208">TikTok Shop,</a> and <a href="https://sp-edge.com/updates/30330">Adobe Commerce</a> integrations2) Ecommerce operations, inventory, and order management platforms such as Brightpearl, Birj, Cogsy, PackageBee, SPS Commerce, Zentail, Shipyard, Logicbroker, Order Desk, Fulfil.io, and Cin73) Returns management platforms such as HappyReturns, Loop returns, ReturnLogic, and Returnly4) Freight and shipping solutions such as DHL, FedEx, UPS, Flexport, Freightos, Route, Rush, Shippo, ShipStation, Anvyl, AfterShip, and Echo Global LogisticsIts other integrations include ecommerce marketing and customer support providers; custom packaging and design solutions providers; branding, marketing, and web development agencies; and accounting, tax, and financing service providers.

ShipBob

Locus Robotics develops autonomous mobile robots (AMR) for warehousing and manufacturing operations. It offers three main AMR solutions: 1) “Locus Origin,” an AMR designed for collaborative, high-volume order fulfillment; 2) “Locus Vector,” designed to handle small to medium payloads; and 3) “Locus Max,” designed for larger payloads. The AMR solutions are backed by “LocusONE,” a warehouse automation platform that uses AI and data science to deploy and manage the AMRs. LocusONE also generates real-time actionable insights to support operational decisions. The AMRs allow integration with warehouse management systems and warehouse control systems. The company also offers warehouse automation solution “LocusEmpower,” which supports a range of fulfillment types including zone-picking, discrete order picking, batch picking, and wave picking. It also offers <a href="https://sp-edge.com/updates/27481">"LocusHub,"</a> an AI/ML-powered cloud-based business intelligence engine grounded with LocusONE for advanced analytics.The company offers its products on a robotics-as-a-service (RaaS) basis. In April 2024, Locus’s AMRs achieved the landmark of completing more than 3 billion unit picks.In September 2021, Locus Robotics acquired AMR provider Waypoint Robotics, which offers AMRs that are industrial-strength with omnidirectional mobility features, enabling Locus Robotics to gain access to new market segments. Key customers and partnershipsAs of May 2023, the company had deployed its technology at 250+ locations in partnership with 100+ brands. Its global customers include Ceva Logistics, Boots, Cardinal Health, <a href="https://sp-edge.com/updates/27443">GEODIS, </a>DHL, DSV, JAS, Ryder, UniPharma, UnitedDrug, Go Retail Group, Bluegrass Supply Chain, FM Logistics, UPS, UPS Healthcare, VF Corporation, <a href="https://sp-edge.com/updates/27275">Booktopia, </a>and <a href="https://sp-edge.com/updates/27659">John Lewis &amp; Partners.</a>In <a href="https://sp-edge.com/updates/30676">June 2024</a>, Locus Robotics entered a strategic partnership with Zion Solutions Group to integrate Locus's robotic solutions with Zion's supply chain solutions.Funding and financialsAs of November 2022, the company reported having USD 100 million+ in contracted recurring revenue.In November 2022, Locus Robotics <a href="https://sp-edge.com/updates/14949?industryIds=6">raised USD 117 million </a>in Series F funding co-led by Goldman Sachs Asset Management and G2 Venture Partners, valuing the company at “close to” USD 2 billion. The funds were to be used to facilitate the company’s continued growth and further expand global operations.

Locus Robotics

Include companies providing automated ecommerce fulfillment, store replenishment, and package sortation solutions.

Companies offering automated vendor evaluation and management, demand forecasting, and inventory management.

Companies that offer warehousing and ecommerce fulfillment with technology developed in-house.

Uses connected devices and sensors to gather information—mainly relevant for the visibility segment

Uses robotics solutions for warehouse operations and fulfillment

Automated fulfilment solutions and warehouse automation broadly fall under industry 4.0

Addverb Technologies is a global robotics and warehouse automation company founded in 2016 and headquartered in Noida, India. The company designs, manufactures, and implements end-to-end automation solutions for warehouses and factories, leveraging technologies such as artificial intelligence, machine learning, automated storage and retrieval systems (ASRS), and internet of Things (IoT). Addverb's product portfolio includes autonomous mobile robots, carton shuttles, picking technologies, automated storage systems, and warehouse management software aimed at improving the efficiency and accuracy of warehouse operations.The company's key offerings include robots like Cruiser (a pallet shuttle robot), Dynamo (an autonomous mobile robot), Quadron (a carton shuttle robot), Zippy (a sorting robot), as well as software solutions for warehouse management and execution. Addverb's solutions are designed to enable agile and ergonomic order fulfillment processes based on goods-to-person principles. In 2022, Addverb launched Medius, a multi-level shuttle system for storage and retrieval operations capable of storing up to 255,000 crates.Addverb has manufacturing facilities in India, including a 600,000 sq ft robot manufacturing factory called Bot-Valley in Noida and another facility under development in Greater Noida. The company is expanding its global presence with offices in countries like the US, Netherlands, Australia, Singapore, and Germany. As of 2023, Addverb expected to close the financial year with revenues of Rs 400 crore, aiming to become a billion-dollar company in revenue by 2029.Key customers and partnershipsAddverb Technologies has built a diverse client base across various industries. Its customers include major corporations such as Amazon, Flipkart, ITC, Coca-Cola, Pepsi, Unilever, Johnson &amp; Johnson, and Reliance Industries. The company has delivered automation solutions to over 300 global clients as of April 2023.In January 2024, Addverb entered into a strategic partnership with Kardex in the area of intralogistics software. This collaboration aims to combine Kardex's expertise in compact storage systems with Addverb's warehouse management technology. Addverb's warehouse management system is based on a modern microservices architecture and is fully operable in the cloud.

Transparent Path is a logistics technology company that provides real-time, end-to-end shipment visibility solutions to reduce costs, risks, and environmental impact in supply chains. The company's platform utilizes advanced technologies including 5G, IoT, AI, and cloud computing to monitor shipments continuously. Transparent Path's system tracks various parameters such as location, temperature, humidity, tilt, shock, acceleration, light exposure, and door openings. This comprehensive monitoring helps ensure product quality and freshness, particularly for perishable goods in industries like food and beverage, pharmaceuticals, biomedical products, sensitive chemicals, and high-value assets.
The company's platform is designed to facilitate collaboration and seamless handoffs throughout the supply chain, tracking changes in custody without requiring additional infrastructure. Transparent Path offers a unique, patent-pending freshness prediction metric called FreshScore, which uses proprietary machine-learning algorithms. The system aims to prevent lost loads, provide evidence for meeting service-level agreements, and help businesses reclaim costs lost to supply chain inefficiencies. Transparent Path's flexible pricing model allows customers to use and reuse trackers as needed, paying only for the trackers they require on a monthly basis.
Key customers and partnerships
Transparent Path has worked with Feeding America, a nationwide network of food banks. Rod Wieber noted that the company's technology has been added to loads shipped across the nation to food banks in the Feeding America network over the past year. The ability to track load location and monitor temperature has provided assurance that food arrives in optimal condition for quick distribution to those in need. Wieber stated that Transparent Path's sensors have exceeded expectations in terms of performance and reliability.

Transparent Path

Modality Solutions, founded in 2011, is a leading biopharmaceutical cold chain engineering firm specializing in the validation, optimization, and regulatory approval of temperature-sensitive therapies. The company focuses on integrating cold chain operations, developing transport validation strategies, and supporting global regulatory applications for biopharmaceutical products. Modality Solutions' core offering is its unique Advantage Transport Simulation Laboratory in Bloomington, Indiana, which operates under an ISO 9001:2015 certified quality system. This lab is the only one of its kind that concurrently tests across five hazards that can impact drugs during transport: temperature, vibration, shock, pressure, and humidity.
The company's services include engineering consulting, systems integration, and simulation laboratory testing from drug discovery through distribution. Modality Solutions employs a team of chemical, biomedical, and mechanical engineers with expertise in cold chain management, package engineering, and regulatory compliance. Their approach combines best practices in process validation, systems qualification, and risk assessment to ensure product quality and patient safety. In 2021, Modality Solutions reported a 64% growth rate and was ranked No. 179 on the Inc. 5000 Regionals: Texas list. The company has also been recognized on Inc. Magazine's national list of fastest-growing private companies for three consecutive years, with a reported revenue growth of 120% between 2015 and 2018.
Key customers and partnerships
Modality Solutions serves a diverse range of clients in the biopharmaceutical industry, including emerging biopharmaceuticals, pharmaceutical manufacturers, cell and gene therapy developers, and companies working on drug-device combination products. Some of their notable clients include Teva, Immunomedics, Atara Bio, CSL Plasma, Abbott Vascular, and Regeneron. The company also works with public health organizations, assisting in the deployment of vaccines and therapeutics. Additionally, Modality Solutions collaborates with regulatory consultants and biopharmaceutical investors to provide cold chain validation services and strengthen due diligence processes for portfolio businesses.

Modality Solutions

Moffett Automation specializes in automated pallet storage solutions, with their flagship product being the Moffett Taxi System. The company's technology focuses on maximizing storage capacity in warehouses, allowing businesses to store more pallets per square meter than other automated storage solutions available globally. Moffett Automation's system is designed to utilize warehouse space efficiently, from floor to roof, enabling companies to scale their storage capabilities. The company combines innovative technology with seven decades of experience in the field to develop their solutions. Their automated storage system aims to streamline various aspects of warehousing operations, potentially leading to increased profits and operational efficiency for their clients.

Moffett Automated Solutions

NewCold is a global leader in advanced food logistics, specializing in automated cold storage and distribution solutions. The company operates state-of-the-art automated warehouses across Europe, Australia, and North America, with a total capacity of over 1.3 million pallet positions as of 2024. NewCold's facilities utilize proprietary software and technology to ensure food safety and quality while being approximately 50% more energy-efficient than traditional cold stores. The company's automated systems enable high-volume storage and retrieval, with some facilities capable of handling over 11,000 pallet movements per day.
NewCold's warehouses feature vertical layouts optimized for pallet storage, with some facilities standing over 14 stories tall. The company's technology includes automated pallet handling systems, unmanned stacker cranes, conveyors, and automated truck unloading systems. NewCold's proprietary warehouse management software and control systems are developed in-house, allowing for seamless integration with customers' ERP systems. The company also offers transportation services, utilizing a fleet of over 200 trucks and 500 trailers as part of its end-to-end supply chain solutions.
In recent years, NewCold has significantly expanded its presence in North America. In October 2023, the company opened a USD 300 million facility in Lebanon, Indiana, which is set to be one of the largest and most advanced cold storage facilities in the world. NewCold also operates facilities in Tacoma, Washington, and Burley, Idaho. The company has announced plans to add 25 more facilities in North America by 2030 to meet growing demand.

NewCold

CryoLogistics offers SnowSHIP technology for shipping perishable goods with precise temperature control from source to destination. The company's solution incorporates embedded IoT connectivity to ensure the safety, security, and traceability of goods throughout the supply chain. SnowSHIP utilizes one of nature's most abundant natural refrigerants, which helps lower a company's carbon footprint and positions users as climate-friendly service providers. This technology aims to provide an innovative approach to temperature-controlled logistics, addressing the needs of businesses dealing with perishable items.

CryoLogistics

Companies providing cold chain storage solutions, such as refrigerated facilities and warehouses for the secure storage of temperature-sensitive goods

Companies offering technologies to track and maintain precise temperature conditions throughout the entire supply chain, such as IoT sensors and temperature monitoring devices

Companies that design and produce packaging solutions to safeguard the integrity of temperature-sensitive products during transport

Companies that facilitate the safe and controlled movement of temperature-sensitive goods from one location to another, employing specialized equipment and logistics

Companies that provide technology-driven solutions to optimize and manage parts or all of the cold chain process

Virtual cold chain models are developed to assess the efficiency and efficacy of cold chain alternatives.

Temperature monitoring solutions include IoT sensors for monitoring products during transportation and storage.

Cold chain innovations provide real-time monitoring into the condition of products during transit.

AI/ML aid cold chain optimization by utilizing modeling capabilities in selecting the best cold chain alternatives.

Blockchain-based cold chain solutions enables supply chain transparency,  food safety, and cold chain compliance.

Certain packaging solutions contribute towards a circular economy by creating insulated packaging using repurposed materials.

Cold chain innovations improve the performance of cold chains and thus reduce waste, thus contributing to sustainability.

PROMINENT_CATEGORY

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 Robotics and automation solutions provider Addverb has collaborated with Australian retailer Myer to bring advanced automation to Myer's Wacol fulfillment facility in Queensland, Australia. Addverb is set to deploy its “Zippy 40” robotic sorters in Myer's facility, which have the capacity to handle payloads of 40 kg (~88 lbs) and process 2,000 boxes per hour, thus improving the sortation process for Myer's inventory across its 56 Australian stores. The system has the ability to manage carton retrieval, sorting, and transition to outbound conveyors.
 Analyst QucikTake: Addverb is known as a leading automation solutions provider in the logistics tech industry, boasting over 350 clients, more than 500 automated warehouses, and 2,000+ robot deployments. Some of its significant clients include Reliance, Unilever, Flipkart, Coca-Cola, PepsiCo, Johnson &amp; Johnson, PAR Pharmaceutical, and <a href="https://sp-edge.com/updates/27420"> DHL Supply Chain. </a>
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Addverb

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