Business Standard

Friday, December 20, 2024 | 11:15 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Human-assisting robotic technologies to prosper in warehouses sector

E-commerce boom & investor funding giving boost to warehouse robotics startups, says Lux Research

Canada's CDPQ to buy minority stake in TVS Logistics for Rs 1000 cr
Premium

BS B2B Bureau Boston, USA
Rapidly expanding e-commerce and generous funding from eager investors have led to the emergence of a stream of warehouse robotics startups and two broad technologies - those to replace humans and those that assist humans in tedious logistic tasks. There is little technical differentiation between the two approaches today, but human-assisting technologies will prosper in the near term while human-replacement technologies become more important in the long term, according to Lux Research. 

“The holy grail of warehouse automation solutions is a product portfolio that can remove people from tedious logistic tasks, such as inventory tracking, product picking and material transport. The

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in