Addverb Technologies expands presence globally with Made in India robots
By OEM Update Editorial October 11, 2021 5:57 pm IST
Company’s expansion is backed by increased demand for Robots and automation solutions in the global market.
Addverb Technologies, one of the leading Robotics and Automation companies in India, 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 USD 27.73 billion in 2020 and is expected to reach USD 74.1 billion by 2026, registering a CAGR of 17.45 percent, during the period of 2021-2026. The company aims to be in the top five global robotics companies by 2025.
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.”
Addverb has 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 on hardware and software, they have been able to customize their products to meet the varied needs of customers across different sectors. 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.With the state-of-the-art manufacturing facility, they have capability to deliver more than 50,000 robots of different types in a year and can deliver a large-scale highly automated warehouse within four months. They have also deployed a Micro-Fulfilment Centre for a leading E-commerce company based out of India.
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