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In Funding Announcement, Supply Chain Management

Revuze Announces $12 Million Growth Equity Investment Led by PSG

Revuze, a leading provider of real-time consumer insights for some of the world’s biggest brands, announced a $12 million strategic growth investment led by PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth. The round was joined by industry veterans Karyn Schoenbart and Tod Johnson, former CEO and Executive Chairman, respectively, of global market research leader NPD Group. Additional financial terms were not disclosed.

Founded in 2013, Revuze empowers brands to understand consumers’ preferences and behavior by delivering a faster, more efficient alternative to traditional market research. Revuze’s cloud-based software uses AI-based natural language processing to gather, cleanse, analyze and provide insights on consumer sentiment, feedback and overall satisfaction. By implementing Revuze’s product set, companies can generate deep consumer insights in nearly real time that would otherwise take months to understand.

“The world moves at a speed that has outpaced traditional market research tools, and Revuze was founded to help brands respond to changing landscapes in real time in order to allow them to win in the digital era. We have made the process of data gathering, analysis and research programmatic, arming companies with actionable, value-generating insights,” said Boaz Grinvald, CEO of Revuze. “We are proud to partner with PSG, Karyn and Tod as we look to scale our platform to serve more brands around the globe.”

This funding will be used to help accelerate Revuze’s geographic expansion into the U.S., scale its technology, and continue to innovate and grow its solution set.

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In Business Technology Platform

Inspectorio Selected as a 2022 Red Herring Top 100 Global Company

Inspectorio, the leading cloud-based, AI-powered SaaS solution for supply chain organizations, today announced that it has been named a Top 100 Global Company on the Red Herring 2022 Top 100 Global list. Inspectorio was the only supply chain organization selected from a pool of the leading private companies from North America, Europe, and Asia.

Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising companies and outstanding entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work. Thousands of the most interesting and innovative companies have graced the Top 100 list over the years.

“Choosing the companies with the strongest potential was by no means a small feat this year,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe Inspectorio embodies the vision, drive and innovation that define a successful entrepreneurial venture. Inspectorio should be proud of its accomplishment as the competition was very strong.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world. Red Herring is dedicated to following Inspectorio’s path to further success and innovation.

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In Portfolio News, Awards

7 SAP.iO startups recognized by CB Insights as companies using tech to enhance market research & consumer insights

The following startups were recognized in a recent CB Insights Market Map as leading companies offering market research tools like emotion AI and social listening to allow consumer products companies to launch new products with more success.

  • Consumer Insights Platforms: Idiomatic
  • Fashion & General Merchandise Trend Identification: Stylumia, StyleSage, Heuritech
  • Taste Intelligence: Journey Foods
  • Digital Sampling: SoPost, Sampler

Congratulations to all! Get access to report here. 

In CRM & Customer Experience, Supply Chain Management

Parcel Perform & Wise Systems Recognized as Leaders in Last Mile Operations in Retail by CB Insights

Rising shipping costs combined with shoppers’ expectations of fast and free delivery are impacting retailers’ profitability. This Market Map looks at the companies helping retail leaders — like Walmart and American Eagle — optimize their last-mile operations.

The last mile is the most expensive leg of the supply chain, making up more than half of total shipping costs. Record high inflation, rising fuel costs, and a lasting labor shortage are now making it even more difficult for retailers to protect their margins while avoiding passing these costs onto consumers.

This is an even greater challenge as customers have grown accustomed to the free and fast shipping options used by the likes of Amazon, Walmart, and Alibaba to lure shoppers.

To stay competitive without sacrificing their margins, smaller retailers are turning to tech solutions that can improve delivery economics. These solutions help optimize various aspects of the last-mile journey whether retailers decide to outsource deliveries, invest in their own fleet, or strengthen omnichannel capabilities.

Using CB Insights data, we identified 218 last-mile tech companies addressing 12 technology priorities for retailers, from delivery management platforms to buy online, pick up in-store (BOPIS) enablement.

We are proud that two of our SAP.iO Foundry startups are included in the report. Parcel Perform was named a leader in E-Commerce Fulfillment & Logistics and Wise Systems was named leader in Route Optimization by CB Insights.
In CRM & Customer Experience

How Consumer Products Companies Can Meet the Moment with Cloud Innovations on SAP Store

Volatility in the cost of materials and shifting buyer needs are nothing new for consumer products companies, but current conditions are exacerbating these perennial challenges. Competitive pressures are familiar to everyone in the industry. But as the COVID-19 pandemic recedes, that competition has extended to human resources, with unemployment at the lowest level in decades causing unprecedented challenges in hiring and employee retention. Sales growth and market expansion require smart technology investments and innovation to maximize brand-building strategies, optimize pricing, fine-tune offers and channel programs, and support efficient financial and hiring processes.
Supporting Reimagined Business Models with Co-Innovation
SAP has supported the consumer products industry for almost five decades, providing fundamental solutions enabling a single view of the business from finance to the customer experience. In short, SAP solutions focus on helping manage intelligent processes in a digital world.
Now, SAP’s industry cloud is opening the doors for a new level of co-innovation with customers and partners, enabling next practices and new business models that can help you capture opportunities and take the next step toward becoming an Intelligent Enterprise. Launched in 2020 and building momentum ever since, industry cloud is essentially an innovation space where customers and partners are building and integrating cloud solutions to address specific industry needs. With SAP Business Technology Platform as the foundation, the solutions work with and extend our intelligent suite and business network solutions. This makes for smoother processes and simplified IT.
Addressing Specific Challenges in Consumer Products with SAP and Partner Solutions
A wide range of industry cloud solutions from SAP and partners are available on SAP Store, where you can try, buy, and be up and running faster than ever before possible. And you can be confident in partner solutions that are rigorously validated by SAP for quality and interoperability, with a similar look and feel for usability and fast adoption. Here are just a few examples of industry cloud solutions for consumer products that you can find on SAP Store.
Optimized Dynamic Pricing by Pricef(x) AG. This SAP Endorsed App is a tailored solution that allows you to respond quickly to fast-changing market conditions. Through integration with the SAP CPQ and SAP Commerce Cloud solutions, it calculates prices in real time, based on a predefined set of business rules and price-optimization algorithms using machine learning techniques.
Text Recruiting Automation and Conversational AI by Paradox, Inc. Developed through the SAP.iO Foundries program, this app integrates with SAP SuccessFactors solutions and supports more than 100 countries and more than 30 languages. Decrease time to hire and boost conversion rates by automating tasks involved in employment applications, including candidate screening, interview scheduling, and response with simple, fast mobile text or chat.
INTURN 360 – Excess Inventory Optimization by INTURN. By streamlining workflows, this enterprise platform improves efficiency in managing slow-moving and excess inventory across departments, providing a system of record. It consolidates complex inventory files and makes sense of large data sets to provide full real-time visibility into inventory status for better inventory control.
CPG Suite – Offer Innovation by Eversight, Inc. Integrated with the SAP Trade Promotion Management application, CPG Suite helps you manage your promotional strategy and empowers the field to plan more effectively. Update your strategy continuously using A/B tests and post-event analysis and share results immediately with the field, while giving central teams deep visibility into planning processes.
Retail Suite Programmatic TPRs by Eversight, Inc. This solution supercharges promotion performance by automating testing with real shoppers. It integrates with the SAP Customer Activity Repository application to collect performance data on offers across stores via dynamic, AI-powered optimization. Continuously test hundreds of different offers to assess efficiency and drive sales growth.
Smart Retail Execution by TeamCore Solutions. Sales and supply representatives can get alerts about which products aren’t selling and what actions they can take – immediately. This app uses machine learning to power intelligent workflow automation to generate prioritized tasks for field team execution, with accurate forecasts and meaningful insights based on sales opportunities.
SAP Variant Optimization and Pricing. Sales teams, customers, and channel partners can configure and price your products accurately and efficiently with this solution from the SAP Commerce Cloud portfolio. Use variant configurations to define product models in a bill of materials with classes, characteristics, and dependencies between the characteristic values.
In Foundries, CRM & Customer Experience

WISY PLATFORMS: BRINGING VISIBILITY TO PRODUCT AVAILABILITY IN CPG RETAIL

Wisy Platforms is building a predictive, decision-analytics retail operations and execution platform to help retailers solve and overcome the product availability challenges that they have lived with until now.

Using Wisy;

  • Employees performing visual inspection of retail shelves experience an improvement in the amount of time they would otherwise spend doing this task. Practically speaking this is a reduction from 20 minutes of work doing manual inspections to no more than 1 or 2 minutes using Wisy’s AI-enabled platform.

  • Retailers, CPG manufacturers and brokers experience a 90% or higher improvement in the accuracy of data about product availability on store shelves, and

  • Retailers, CPG manufacturers and brokers experience revenue gains of between 3% and 10%.

In addition to bringing visibility to Product Availability, Wisy also offers the following:

  • Price checks,

  • Real-time share-of-shelf KPIs,

  • Planogram compliance checks, and

  • Competitive intelligence: Wisy detects known or unknown competitors’ products on the shelves and transforms the data into business intelligence. This is particularly useful for addressing an industry trend where new niche brands gain market share at a much faster rate than established brands. Wisy provides alerts when new competitors come into a category and keeps track of their growth over time and per location.

Wisy is currently working on real-time object tracking using the video mode on mobile phones. This feature makes it easier for users to capture large shelves without the need to take many pictures. Wisy is also developing predictive analytics to optimize product assortment and basket analysis.

The platform enables CPG retailers, manufacturers, suppliers,wholesalers and brokers to make better strategic, tactical, and operational decisions by decreasing the complexity of the systems they have to interact with while introducing simplicity and convenience into their workflows. Employees just have to be able to take pictures or videos of retail store shelves using any mid-range smartphone.

Wisy’s breakthrough is in its ability to instantaneously run all its analytics processes and algorithms on an employee’s mobile device without the need for an always-on internet connection.

Incumbent solutions are complex, difficult, slow, cumbersome, and impractical for the fast pace at which retail execution must move. Most incumbent solutions require a high speed internet connection in order to produce results.

Wisy is lightweight, portable, simple, fast, and affordable. Anyone who can use a smartphone camera can be trained to use Wisy to perform retail operations tasks. The platform works for large multinational CPGs and retail chains, and for smaller CPGs, retail stores and brokers. It works on a stand-alone basis. But, it can also be with retail execution systems, ERP systems, retail data clouds, retail analytics systems and so on. It can be integrated into a retailer, manufacturer or broker’s existing systems – for example, customers of SAP can find Wisy in the SAP App Center.

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In Funding Announcement, CRM & Customer Experience

Computer vision start-up Everyangle raises €2.7m

Everyangle, a start-up that provides bricks and mortar retailers and hospitality venues with the same sort of insights available to online businesses, has raised €2.7 million to accelerate its expansion into international markets.

Founded by David Owens in 2019, the company, whose partners include Mulberry, helps retailers and other offline businesses to better understand what their customers are doing in-store. It also helps them to reduce loss through fraud and theft, and to optimise operations using computer vision technology.

Offline businesses have fallen behind their online counterparts in terms of analytics that can help them understand customer behaviour. Everyangle’s platform addresses this by using computer vision and machine learning to analyse CCTV footage for events of interest, without the need for human review.

Among the analytics it provides is information on customer footfall, demographics, sales conversion and customer theft and staff fraud.

Based in Ireland and with plans to increase headcount over the next 24 months, the company is looking to double staff numbers with hires in areas that include roles in machine learning, data science, software engineering, product management and sales.

“Our platform is becoming ever-more critical to ensuring retailers, hospitality venues and convenience service stations can leverage at scale all of their video data to improve the in-store customer experience, reduce theft and fraud, and deliver real operational cost savings,“ Owens said.

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In Uncategorized, Foundries, Featured, Business Technology Platform, Inspiring Innovators

Inspiring Innovators: Neha Singh Founder and CEO of Obsess, On Listening to Your Gut

At SAP.iO, we work with innovative people and new technologies that positively impact our world every day, and we think it’s time to share their stories with you! In our series, “Inspiring Innovators,” we get to hear how leaders of cutting-edge startup technologies overcame, thrived, and pursued their goals. SAP.iO’s Alexa Gorman sat down to discuss the road to success and lessons learned with some of our most inspiring startup founders.

Meet Neha Singh

Her unique path to entrepreneurship included combining her experiences with her ability to listen to her instincts and trust herself to know what to do. Neha Singh combined her love of fashion with her knowledge of technology to create something entirely new for the market, finding her right fit as the Founder and CEO of Obsess.

Neha studied computer science during undergrad and then attended MIT for her masters. Her appreciation for computer science gave her a way to build the things she imagined, prizing the logical aspect of how inputting a set of instructions can result in predictable outcomes. Her accomplishments are many; for Google, she was on the team that created the first dashboard for Google Ad Words. She then spent time on Google News which she described as an amazing learning experience. At this point, she realized she liked the product side, specifically figuring out how to build something and defining it based on how users interact with it.

Neha took fashion design classes discovering she would excel on the technology side of fashion. When she joined an eCommerce marketplace startup, she realized that all eCommerce sites look the same and have a grid-of-thumbnails database interface. This was because that’s the template the eCommerce platforms provide brands and retailers to showcase their products.

After that experience, Neha was the Head of Product at Vogue and worked on projects for launching the Vogue digital properties, including Vogue.com and Vogue Runway. She saw how much luxury brands were struggling with their online eCommerce experience and especially their mobile experience.

As more brands move online and look to differentiate their experience to engage consumers, Neha knew things had to change. To spearhead this effort, Neha launched Obsess in 2017, creating the next-generation eCommerce interface for today’s consumers. Obsess is a Metaverse Shopping Platform that enables brands and retailers to create highly interactive, visual, and branded Virtual Stores on their websites and metaverse platforms. The Obsess platform creates HD-quality, beautiful, photorealistic 3D 360 experiences that increase awareness, engagement, and conversion. Her team combines expertise in platform engineering, consumer web, mobile tech, fashion, e-commerce, gaming, and 3D. Obsess customers include Coach, Ralph Lauren, Charlotte Tilbury, Mattel, General Mills, and NBC Universal among others.

“When your entire brand gets reduced to four to six thumbnails on a mobile screen, you cannot translate the brand experience you are creating in retail stores, fashion shows, and events, into a digital shopping format. That’s when I understood the need in the market for a better digital shopping experience.”

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In Awards

Geek+ and CASETiFY’s Smart Factory Wins the HKIE MIS Gold Award for Reindustrialization

Geek+, the global leader in autonomous mobile robots (AMRs), is proud to announce that it has won the Gold Award in the Reindustrialization category of the HKIE MIS Industry Awards 2022 for its smart factory solution together with CASETiFY. The HKIE MIS Industry Awards are presented by the Manufacturing, Industrial, and Systems (MIS) division of the Hong Kong Institute of Engineers (HKIE) to reward excellence in enhancing manufacturing productivity, product quality, and innovation in real industrial settings.

Lit Fung, VP and Managing Director of Geek+, said: “We are honored to win this award for the cutting-edge solution we developed with CASETiFY. We understand the pain point of high uncertainty in customized production and developed this smart factory solution to help CASETiFY improve their digital capabilities, increase efficiency, and achieve real flexible manufacturing.”

As a global tech accessory brand producing cases for a wide range of smartphones, tablets, and laptops, CASETiFY sought to upgrade its production line and warehouse to fulfill the ever-faster demand for customized products. Geek+ designed a smart factory and warehousing system using its tote-to-person RoboShuttle to reduce management costs and enable multiple-line customized production.

Ocean To, Operations Director at CASETiFY, said: “Working on reindustrialization in Hong Kong is not easy; it requires clever, modern solutions. This collaboration with Geek+ brings flexible and efficient operations to our smart factory and has created a highly successful smart manufacturing facility. Thanks to all co-workers and teammates who devoted their effort and time to the project.”

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In Berlin, ERP & Finance, Awards

Top Innovative Artificial Intelligence (AI) Powered Startups Based in Canada (2022)

Artificial intelligence is transforming the innovation landscape around the world. There are numerous instances of startups leveraging AI to address issues of all sizes. In this article, they look at MindBridge Analytics, an SAP.iO startup from the Foundry Berlin program.

MindBridge enables financial professionals to access improved working methods by discovering, surfacing, and assessing risk across large financial datasets. The application integrates audit and finance experience with data science and AI innovation to support professional judgment and meet financial openness needs. MindBridge’s patented platform helps users trust their figures and lessen ambiguity by offering crucial insights into the company’s financials.

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In ERP & Finance, Supply Chain Management, Business Technology Platform, Sustainability

World Food Day 2022: Agritech Serves Up Farm To Fork Revolution

World Food Day on October 16 this year presents an urgent roll-up-your-sleeves challenge as we face a global food crisis as never before. The United Nations estimates there will be 9.8 billion people on this planet by 2050. Meantime crop yields have plummeted to record lows and food prices are hitting record highs, while fallout from the pandemic, extreme weather, and geopolitical conflicts continue disrupting supply chains worldwide. Nevertheless, a committed nucleus of agribusiness startups and established leaders are innovating to feed the planet’s growing population in a healthy, sustainable manner.

Data intelligence is rock against food insecurity

Companies across the value chain in the agricultural industry are turning to data in their quest for predictability. Some food processing companies are working closely with farmers to improve operations that meet regulatory emission targets and corporate sustainability KPIs, while gaining efficiencies and increasing crop yields. Climate change imperatives are only increasing the urgency to take action.

“Traditional, experienced-based farming is not viable in today’s highly dynamic world,” said Andreas Heckmann, executive vice president and head of customer solution support and innovation at SAP. “Food processing organizations need intelligence from integrated data to increase farming efficiencies. One example is SAP Intelligent Agriculture, where agribusiness organizations including farmers and other partners, share and interpret real-time data from sensors, weather stations, and satellite imagery to better understand when to plant, irrigate, grow, and harvest crops for higher yields, cost-savings, and sustainability.”

Climate intelligence boost crop yields

Real and near real-time intelligence is fast becoming a bulwark against climate change threats. One SAP partner, a Chilean-based startup called Agranimo, collects and analyzes data from climate and soil sensors and satellite images. This intelligence is designed to help growers better forecast and increase farm yields, reduce water and fertilizer consumption, and assess climate risks. With consolidated climate and soil information, growers can improve crop management strategies, including pest and disease management, for more accurate yield forecasts, as well as environmental sustainability. For example, commercial farmers can adapt irrigation to plant needs and use less water, or act quickly to protect plants from extreme weather. Agranimo participated in the Industry 4.0 cohort of SAP.iO Foundry Berlin, the company’s global B2B accelerator.

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In Supply Chain Management, Shanghai

AI-LINK Closes a New Strategic Round of Financing with Participation from AsiaInfo and Singtel Innov8

AI-LINK, a new digital infrastruture provider focused on industrial sites, recently announced the closing of a new strategic funding round led by AsiaInfo with participation from Singtel Innov8. The funds raised will be mainly used for product innovation and technology iteration, as well as rapid promotion and commercial deployment of new digital solutions to improve AI-LINK’s global business landscape.

As the idea of sustainable development being widely embraced, performing digital transition has been a popular strategy applied by major countries all over the world to seize the opportunity of technology revolution and industrial transformation. It is even more impressive that in the process of IIoT (Industrial Internet of Things) development, the full connection, integration and processing of production factors led by the deep integration of OICT (Operational Information Communication Technology) has made remarkable results in sustainable development, reducing carbon emissions as well as improving quality and efficiency, which has become a consensus among communication software industry and telecom operators worldwide.

AI-LINK focuses on 5G edge intelligence and OICT convergence in industrial sites, providing end-to-end Local 5G products, lightweight industrial edge intelligence centers and open application management platforms to meet industrial customers’ needs of one-stop, low-cost and scenario-based solutions. AI-LINK is committed to building new ICT infrastructure for industrial sites as well as empowering the digital development of industry.

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In Foundries, Munich, Featured, Announcements

SAP.iO Launches Industry 4.0 Startup Program to Drive Startup Innovation in Collaboration with Accenture

October 11, 2022 — SAP SE (NYSE: SAP) is collaborating with Accenture on a virtual startup program focused on Industry 4.0 and based at the SAP.iO Foundry Munich. A jury of experts from SAP and Accenture, alongside SAP partners and customers evaluated numerous applicants and selected 11 startups to join the program.

Various factors are forcing companies to relocate their production back to their core markets. The pandemic, for example, has shown how vulnerable global supply chains are to disruption. In addition, extreme weather events such as droughts, forest fires or floods are increasing and putting even more strain on production. The unreliable supply chain requires companies to open new, highly automated production facilities to meet demand in a timely manner. SAP and Accenture are committed to helping companies create and discover new innovations that drive the total reinvention of supply chain processes.

During the five-month program, SAP will work with the selected startups to integrate and jointly offer solutions for this new manufacturing and production reality. The startups will receive curated mentorship, access to SAP® technology and application programming interfaces (APIs), and exposure to SAP and Accenture customers such as Siemens and BMW with the opportunity to develop high-impact proofs of concept.

“At SAP, we are always on the lookout for transformative solutions that address key customer pain points”, said Shwetha Shetty, Product Owner, Digital Supply Chain Solutions at SAP. “We are excited to team up with Accenture and build this new cohort to help customers realize the promise of Industry 4.0 technologies at scale.”

The following startups are participating in the Industry 4.0 program:

  1. 36Zero is a vision solution that revolutionizes visual inspection by replacing hardware with software, improving inspection results by 1800% and empowering workers for easy and independent installation – better, quicker, more efficient.
  2. aiomatic has developed a digital maintenance assistant to help maintenance engineers in large productions reducing unplanned downtimes using explainable AI.
  3. Aisight develops AI-powered sensors for predictive maintenance to eliminate machine failures and avoid downtime.
  4. Andonix optimizes factory efficiencies through Smart Work Station, a digital hotline and factory collaboration platform that connects machines with frontline workers and supervisors.
  5. Cintoo bridges the gap between reality capture and building information modeling or digital twins. Its SaaS platform Cintoo Cloud manages 3D scanned data collected from the built environment to enable collaborative asset management workflows.
  6. Ecoplant helps industrial organizations reduce electricity consumption and CO2 emissions as well as improves operational efficiency and profitability using IoT and AI.
  7. Kreatize is a leading cloud manufacturing procurement platform that enables mechanical engineering companies to handle the entire process from ordering to delivery of industrial components in a digital, fully transparent and sustainable manner.
  8. Sparetech provides transparency for industrial spare parts that enables companies to automate their spare parts management processes, thereby reducing inventories, costs, and CO2 emissions. 
  9. Surveily allows businesses to automatically monitor and understand what happens on their CCTV cameras observing people, vehicles and processes – 24/7, automatically and in real time.
  10. ThroughPut, Inc. provides an AI-powered supply chain software that predicts demand, reorients production capacity, reassigns warehouse space, and reorders materials optimally for better business, operational, financial and sustainability outcomes.
  11. Zerynth helps companies digitalize their production processes and develop connected industrial products through a plug-and-play IoT platform.

About SAP.iO
SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. Since 2017, SAP.iO has helped 450+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.

In Foundries, Paris

New SAP.iO Foundry Paris Promotion Shapes the Future of Retail

The eighth edition of the SAP.iO Foundry Paris program extends the company’s commitment to startups, with this round focused on the retail experience. The final selection of participating startups has just been announced, with the support program to begin in October and continue until the beginning of 2023. Odilia von Zitzewitz, Interim Lead SAP.iO Foundry Paris, said: “The start-up members of this new cohort respond in an innovative way to issues that fully concern the future of our consumption patterns. It is exciting to see them in action and to imagine building positive solutions for the future together.”

Read Original Article Here…

In Foundries, Awards

Geek+’s PopPick wins European Product Design Award

Geek+, the global leader in autonomous mobile robots, has been awarded the 2022 European Product Design Award in the Industrial Robot category for its innovative PopPick solution.

Geek+ co-founder and VP of Picking and Smart Warehouse Products, Kai Liu, said: “The PopPick solution represents the evolution of the goods-to-person technology that Geek+ has worked so hard to become the leader in. We are extremely proud to have been recognized with this award. Occasions such as this are a validation that we are meeting the high goals we set for ourselves.”

Geek+ has established itself as the most innovative automation solutions provider, with goods-to-person technologies forming the backbone of its success. PopPick, launched in early 2022, is already being deployed in warehouses in Asia and the United States. The PopPick system comprises picking robots carrying movable shelves from storage locations to PopPick workstations where intelligent robotic arms present totes or boxes to the operator. The system can increase picking speed to up to 650 totes per hour, improve warehouse storage density by 50%, and double throughput capacity.

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