May 27, 2021
AutoStore, which develops robotics and software designed to support fulfillment operations, has announced reaching its 600th system installation. DSV, a Denmark-based transportation and logistics company, is implementing the system through a partnership with Element Logic to help expand DSV’s position in the third-party logistics market. The milestone system will be deployed across nine countries that DSV serves.
The multi-site rollout follows a successful installation of AutoStore technology by Element Logic at one of DSV’s distribution centers in Vestby, Norway, located outside of Oslo.
“With a proven technological solution, combined with decades of experience between ourselves and AutoStore, and the integration of our eManager software, DSV will benefit from a significant competitive advantage when serving both existing and new customers,” said Havard Hallas, chief commercial officer at Element Logic.
AutoStore said the company’s first robotic system was implemented in 2005 with Element Logic. The company’s Cube Storage Automation uses a series of robots on wheels that access products stored vertically in a grid structure. The company has deployed its systems in more than 30 countries serving several different industries, with systems sold, designed and serviced through a network of qualified systems integrators, known as “partners”.
In April, SoftBank invested $2.8 billion in the company, giving it a $7.7 billion valuation. “The demand for automated solutions in the retail trade and an increasing uptake of e-commerce by consumers means that the market for automated warehousing solutions is strong,” said Karl Johan Lier, CEO of AutoStore.
For more details on AutoStore, head to its website.