Robotics & automation firm Addverb Technologies to further expand globally. These robots are going to be exported to Singapore and Australia. what are these robots? how they are being designed in India? and how the make in India initiative is actually making India proud?
These robots can transport thousand of materials and packages from one place to another as fast as possible. Dynamo 1000 robot can carry a 1000 kg payload from one place to another.
The company is not compromising on safety is extremely safe to use. These robots are manufactured to work in very harsh conditions. like a warehouse where a lot of heavy goods are being transported from one place to another place. These robots do not behave like human beings they never give you limited visibility, but they give 360 degrees view of the actual environment.
If you talk about Speed, the speed is much higher than human beings so that is why these are the requirements. this type of system is required in each & every warehouse in India and across the world.
what is this machine? And is it also being exported?
Veloce robot, this robot is capable of picking 7 different items & transfer them to the place where it is required.
which countries are actually demanding this robot. This is a new product of Addverb technology they are sending out these products to Australia. It was recently launched by the company. And now the company is seeing a huge demand in Europe and other countries. Please remember that before 5-10 years back India was completely dependent on foreign countries for such kinds of Technology and Robots, for now, you can see the change, and these robots are actually exported to other countries.
Robotics & automation firm Addverb Technologies is planning to expand globally
The global robotics market was valued at $27.73 billion in 2020 and is expected to reach $74.1 billion by 2026, registering a CAGR of 17.45 percent, during the period of 2021 to 2026
Addverb Technologies, which provides robotics and automation tech to customers such as Reliance, Flipkart, and Amazon said it is further expanding its presence across the markets of Europe, Singapore, and Australia. This strategic initiative stems from increased demand for robotics and automation solutions in the global market.
The global robotics market was valued at $27.73 billion in 2020 and is expected to reach $74.1 billion by 2026, registering a CAGR of 17.45 percent, during the period of 2021 to 2026.
“We are taking Addverb Technologies global in the international robotics and automation marketplace,” said Sangeet Kumar, CEO, and co-founder of Addverb Technologies. “With this expansion, we aim to provide an end-to-end product portfolio which will streamline warehousing and factory operations and will help customers create warehouses with higher levels of efficiency, accuracy, and flexibility”
Established in June 2016, Addverb said it has witnessed rapid growth and clocked an approximate revenue of around $ 27 million in FY 2020 to 21. It unveiled a manufacturing facility, ‘Bot-Valley’ which also houses a well-equipped R&D facility at Noida in March 2021. The company said it has one of the widest robotic and automation product portfolios. It has more than 100 customers including the likes of Reliance, Flipkart, Amazon, Hindustan Unilever, Coca-Cola, PepsiCo, Future Supply Chain, and Marico.
Retailers and consumer-facing companies globally are looking at automation. The complexity of their operations is making the traditional solutions available in the market obsolete. Addverb is looking to fill this space with its customizable hardware and modular software. It has deployed a host of innovative warehouse robotic solutions with anchor customers across different sectors like FMCG, retail, e-commerce, fashion, and lifestyle. The firm said its products have helped businesses to scale up fast and run operations in a smooth manner especially at the time of Covid.
The company said it has created a software platform, ‘Mobinity, a warehouse control system that helps in integrating different automation products in a single warehouse. With its manufacturing facility, the firm said it has the capability to deliver more than 50,000 robots of different types in a year. It has also deployed a micro-fulfillment center for a leading e-commerce company based out of India. The firm said it aims to establish an innovation lab in the US and Europe with the aim to create a global workforce based out of different parts of the world.
Addverb Technologies takes Made-In-India Robots to the world
The expansion is backed by the increased demand for Robots and automation solutions in the global market. Addverb Technologies has created global teams at Singapore, Australia, Europe and is looking to start operations in the US before the end of this calendar year.
The company aims to be in the top five global robotics companies by 2025.
Commenting on the global expansion plans, Sangeet Kumar, CEO, Addverb Technology says, “We are glad to announce that we are taking Addverb Technologies global in the international robotics and automation marketplace. With this expansion, we aim to fully exploit the potential across the European, Australian, Asian and American markets, providing an end-to-end product portfolio powered by AI, Machine Learning, Deep Learning, Computer Vision & IoT which will streamline warehousing and factory operations and will help customers create warehouses with higher levels of efficiency, accuracy, and flexibility”.
Retailers and consumer-facing companies globally are looking at Automation and the complexity of their operations is making the traditional solutions available in the market obsolete. Addverb is looking to fill this space with its customizable hardware and modular software. They have deployed a host of innovative warehouse robotic solutions with anchor customers across different sectors like FMCG, Retail, E-Commerce, Fashion & Lifestyle, 3PL, etc. in India. Their products have helped businesses to scale up fast and run operations in a smooth manner especially at the time of Covid. With complete control over hardware and software, they have been able to customize their products to meet the varied needs of customers across different sectors.
What is Mobinity software?
The company has created a very powerful software platform, “Mobinity”, a warehouse control system that helps in integrating different automation products in a single warehouse. Not only is the software highly modular but also hardware agnostic and can be integrated with any product.
“We have already deployed some very innovative solutions for customers in India and have solved their pain points in warehousing operations with a mix of robust & customizable hardware and agile & intelligent software. We understand that any automation solution requires extensive handholding of the customer in the initial stages and we have built that human touch in our processes to ensure the deployment is successful. We will create a global service team which will remain with the customer long after our solutions have been deployed.,” Kumar adds.
The company is fueled by the power of its robust R&D and intellectual properties. They have obtained 12 patents & 10 designs and are planning to file for another 20 patents in the next three months. They have worked on complex research problems with institutes like IIT Delhi and aim to establish an innovation lab in the US and Europe with the aim to create a global workforce based out of different parts of the world. The company will also open an office in the US in the next couple of months.
In line with the increase in digitization and heavy adoption of technology in the industries like e-commerce, health, aviation, food and technology, fashion, grocery, retail, third party logistics, pharmaceuticals, and auto components, Addverb Technology has introduced many products to provide automation & robotics solutions for various industries.
Products of addverb technologies
Some of their products include AMRs (Dynamo), Sorting Robot (Zippy), Robo-Shuttle (Veloce), Carton Shuttle (Quadron), Pallet Shuttle (Cruiser), ASRS (Multi-Pro), Pick-To-Light (Rapido), and cutting software like Warehouse Control System (Mobility), Warehouse Management System (Optimus), Robot Fleet Management Software (Legion) and Pick-By-Voice (Khushi).
Robotics & automation firm Addverb Technologies to further expand globally. For more related news and updates follow robotics India.