Cohesio Group to bring Silicon Valley’s Fetch Robotics solutions to Australia and New Zealand region

MELBOURNE, Australia and SAN JOSE, Calif., June 12, 2020 /PRNewswire/ — Technology solutions provider Cohesio Group (Körber Supply Chain) has announced it has formed a partnership with autonomous mobile robot (AMR) provider, Fetch Robotics. The two leading providers will collaborate to help retailers and logistics providers in the Asia Pacific region to deliver advanced automation through flexible and scalable solutions. 

Cohesio Group (Körber) partners with Fetch Robotics to deploy Fetch's flexible and scalable AMR solution in Australia and New Zealand.
Cohesio Group (Körber) partners with Fetch Robotics to deploy Fetch’s flexible and scalable AMR solution in Australia and New Zealand.

Formed in 2014, the California-based intralogistics automation company pioneered the world’s first cloud robotics platform for delivering on-demand automation in any facility.

Fetch Robotics is unique in that it provides a cloud robotics platform that autonomously moves and tracks virtually anything in any warehouse or manufacturing environment ranging from parts as small as a transistor to pallets weighing 1500 kilograms.

Headquartered in Silicon Valley, Fetch Robotics provides the only autonomous mobile robot solution that deploys in hours as opposed to days or weeks.

The intralogistics provider has received a number of accolades including being named as a Leader in IDC MarketScape for Autonomous Mobile Robots for General Warehouse Automation 2019, being recognised by Fast Company in the category of Most Innovative Company and named as a Technology Pioneer by the World Economic Forum in 2018.

Cohesio Group will add Fetch Robotics to its already extensive portfolio of enterprise-graded solutions spanning automation, voice enabled technologies, handheld devices and workflow optimisation.

The leading technology solutions provider has recently deployed solutions for CEVA Logistics, Wesfarmers and Bollore Logistics to name a few, providing efficiency and productivity gains upwards of 200 per cent.

In Asia Pacific, the industrial robotics market is expected to grow by more than 13 per cent and is set to reach AUD $151 billion by 2026, according to data released by market research provider Research and Markets. Increasing customer demand is a major driving factor in this, and Cohesio Group has been at the centre of major automation deployments in the Asia Pacific region.

"Fetch Robotics is a market leader in automation. At Cohesio we always want to offer our clients the very best and latest technology in automation and have therefore made the decision to broaden our portfolio in partnering with Fetch Robotics. We know the demand for automation in this region is growing, and we want to ensure we can offer a full range of products and services to our customers to help them meet this challenging demand," Nishan Wijemanne, CEO of Cohesio Group said. 

"We are excited to partner with Cohesio Group. We know that Cohesio has a reputation in this region for working closely with its customers to establish flexible and agile automated solutions. In Cohesio we have found a partner who is pushing the boundaries of what is possible in automation and technology and is committed to innovation across the entire supply chain. For this reason, we are very excited to see what we can achieve together in the fast-growing Asia Pacific e-commerce market," Melonee Wise, CEO of Fetch Robotics said.

"The Fetch Robotics solutions offer immediate efficiency gains around travel and labour time. The robots can be fully operational in a matter of hours and do not require extensive changes to warehouse environments or existing processes. Providing significant efficiency and productivity gains, warehouse operators instead have the time to focus on higher-level and more productive tasks," Ravi Nath, Head of Automated Solutions at Cohesio Group said. 

Cohesio Group was acquired by international logistics giant Körber in September last year. It was recently announced that Cohesio Group would join eleven other sister companies under the umbrella Körber Supply Chain as part of a global rebrand. The united brand will become a leading international technology provider with a diverse range of capabilities spanning software, automation, voice, robotics and material handling equipment.

About Fetch Robotics

Fetch Robotics is an award-winning intralogistics automation company headquartered in Silicon Valley. By combining autonomous mobile robotics with the power of the cloud, the Fetch Cloud Robotics Platform provides on-demand automation solutions for material handling and inventory management, with the power to find, track, and move almost anything in any facility. Fetch Robotics’ solutions and services are deployed in leading distribution, fulfillment, and manufacturing centers around the world, augmenting workforces to drive increased efficiency and productivity. For more information, please visit www.fetchrobotics.com or follow the company on Twitter @FetchRobotics.

About Cohesio Group

Cohesio Group, a part of international technology group Körber, is a leading integrator and developer of tech solutions that enable rapid optimisation of workflows and processes and is also an idea generating partner for strategic concepts. With offices across the Asia Pacific, Cohesio Group creates innovative technology transformations that span across supply chain and logistics including warehousing and distribution centres, transportation, manufacturing, healthcare, pharmaceutical, FMCG and retail. Cohesio Group’s enterprise-grade solutions range from voice-powered technology that enable hands-free workflows through to new-generation mobility solutions, software applications that provide actionable business insights and retail fulfilment as well as solutions such as Autonomous Mobile Robots that enable automation in distribution centres. Learn more at www.cohesiogroup.com

About the Körber Business Area Supply Chain

Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Capable of delivering not just software, but automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com 

Photo – https://photos.prnasia.com/prnh/20200612/2827716-1?lang=0

Related Links :

http://www.cohesiogroup.com

Cohesio Group, part of Körber unveils new sorting AMR solution

MELBOURNE, Australia, June 11, 2020 /PRNewswire/ — Cohesio Group, now Körber Supply Chain, has launched a new sorting robot solution in Australia and New Zealand.

Expedite the sortation for parcels, eCommerce, wholesale and store replenishments on table-top as well as mezzanine levels with Körber AutoSort Mobile by Cohesio Group.
Expedite the sortation for parcels, eCommerce, wholesale and store replenishments on table-top as well as mezzanine levels with Körber AutoSort Mobile by Cohesio Group.

Set to be a game-changer for the ANZ supply chain and logistics industry, the Körber AutoSort Mobile solution will give logistics operators the opportunity to maximise operational capabilities through flexible, affordable and scalable automation.

This product is manufactured by Zhejiang Libiao Robotics Co., Ltd. (AIC Systems), a modern high-tech enterprise specialising in R&D, manufacturing and the sale of robotic products. The company leads the way in research and innovation in the field of artificial intelligence and automation projects in logistics.

This new solution will compliment Cohesio Group’s current portfolio of enterprise-grade solutions including voice-powered technology and goods-to-person automated mobile robots (AMR).

The Körber AutoSort Mobile offering differs from a traditional sortation system in that it does not require a fixed track. The solution uses free-moving, independent robots that help businesses reduce their heavy reliance and investment in fixed automation. Instead, the Körber AutoSort Mobile AMRs offer greater scalability at a comparatively economical investment and thus a much quick return on investment.

It utilises AMRs that allow dynamic sortation, taking the shortest and most direct path. This kind of flexibility offers significant efficiency and productivity gains over a traditional cross belt or shoe sorter. As this solution can also be operated on a table-top, this form of picking or sortation offers increased flexibility during peak periods, such as what has been seen during COVID-19.

Furthermore, the capital required for deploying the Körber AutoSort Mobile solution is up to 60 per cent less than a traditional sortation system. 

"We are excited to release this new AMR solution in Australia and New Zealand. Since the beginning of the COVID-19 pandemic, there has been a significant surge in e-commerce and online shopping consumers. In order to fulfil this challenging demand, many of our clients are exploring further opportunities in automation. We have listened to their requests for more scalable and affordable automation solutions–whether that be automation installed in limited spaces or mezzanine levels or those that can be quickly deployed in pop–up DCs or dark fulfilment store. I am very proud to add the new Körber AutoSort Mobile table-top sorting AMR solution to our existing AMR portfolio," Nishan Wijemanne, CEO of Cohesio Group said.

The Körber AutoSort Mobile solution also offers ultimate flexibility, with the ability to scale up when needed. "Robots can be added during peaks in demand, and the system expanded at any time. The system can be very easily redeployed elsewhere in the warehouse when needed. This is particularly helpful when you see spikes in demand for specific SKUs, like we know retailers have experienced during COVID-19," Nishan said.

"As the level of investment is notably lower than traditional sorting methods, and we can offer implementation timeframes of as little as three to five months, this system generates more than twice the ROI of traditional sorting systems. I am confident that this new offering will shake up warehousing and logistics operations in Australia and New Zealand," Ravi Nath, Head of Automated Solutions at Cohesio Group said.

"The Körber AutoSort Mobile requires shorter lead times and significantly less space than traditional sortation systems. A further advantage is that there is no single point of failure anywhere in the system. We know that conveyor downtime can be a huge cost to any operation. With this solution, if there is any failure it will only impact one single element, enabling the solution to continue," Rizan Mawzoon, Head of Transformation at Cohesio Group said.

The Körber AutoSort Mobile is ideal for a wide variety of goods across parcel sortation, e-commerce, wholesale and store replenishment. It can be utilised for picking, sortation, table-top and mezzanine sortation and is capable of handling goods of up to 25 kilograms. Additional robots can be added to the operation in a matter of seconds, ensuring that there is no interruption in workflow or downtime.

"The use cases for this kind of automation are vast, whether it’s a large-scale e-commerce operation, retailer, 3PL or freight provider. Simply put, it’s for anyone who has a volume or pop up requirement for sorting products," Nishan said.

Boasting some of the biggest names in retail and logistics on its roster, Cohesio Group has deployed autonomous solutions for Wesfarmers, Bollore and CEVA Logistics, among others.

The leading technology provider was acquired by Körber in September last year, and recently announced that it would join eleven other sister companies under the umbrella Körber Supply Chain. The united brand will become a leading international technology provider with a diverse range of capabilities spanning software, automation, voice, robotics and material handling equipment.

Access the Körber AutoSort Mobile brochure via www.cohesiogroup.com/download-korber-autosort-information-brochure/

About Cohesio Group

Cohesio Group, a part of international technology group Körber, is a leading integrator and developer of tech solutions that enable rapid optimisation of workflows and processes and is also an idea generating partner for strategic concepts. With offices across the Asia Pacific, Cohesio Group creates innovative technology transformations that span across supply chain and logistics including warehousing and distribution centres, transportation, manufacturing, healthcare, pharmaceutical, FMCG and retail. Cohesio Group’s enterprise-grade solutions range from voice-powered technology that enable hands-free workflows through to new-generation mobility solutions, software applications that provide actionable business insights and retail fulfilment as well as solutions such as Autonomous Mobile Robots that enable automation in distribution centres. Learn more at www.cohesiogroup.com  

About the Körber Business Area Supply Chain

Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Capable of delivering not just software, but automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com 

Photo – https://photos.prnasia.com/prnh/20200611/2827297-1?lang=0

Related Links :

http://www.cohesiogroup.com

Karma Automotive Names New Chief Strategy Officer To Drive Corporate Growth

Greg Tarr will lead strategy, corporate development, business development, product planning and new ventures

IRVINE, California, June 8, 2020 /PRNewswire/ — Greg Tarr has joined Karma Automotive as Chief Strategy Officer (CSO). 

Greg Tarr, Chief Strategy Officer, Karma Automotive
Greg Tarr, Chief Strategy Officer, Karma Automotive

As CSO, Tarr will report directly to Karma CEO Dr Lance Zhou, providing valuable insight and leadership for Karma’s business model, strategic innovation and future product portfolio. As Karma Automotive develops future vehicle programs across Electric Luxury Cars, Supercars, Commercial Vehicles and Technology Platforms, Tarr’s strategic guidance will strengthen the company’s growing global presence and product development. A new range of battery electric vehicles (BEV) starting with the all-electric Karma Revero GTE launches in Spring 2021.

"As Karma moves beyond the traditional automotive business model, we continue to seek a diverse range of talent who exhibit the disruptive strategies and entrepreneurial mindset adopted in tech hubs such as Silicon Valley," says Dr. Lance Zhou, CEO, Karma Automotive. "Greg’s leadership experience in Silicon Valley automotive and mobility startups, global network, venture capital and Toyota background will be a valuable asset to Karma’s executive team."  

"Karma is reinventing the luxury electric category with innovation. Karma products intersect new mobility innovation, iconic/exclusive design and bespoke craftsmanship which converge to create the next generation of luxury electric cars, supercars and SUVs," says Tarr. "Karma will leverage its vast intellectual property portfolio and Southern California manufacturing facility, KICC, to partner with large OEMs and cutting edge startups to deliver the future of mobility for an enhanced customer experience."

Greg’s past leadership roles include: Corporate Venture Capital: Vodafone China,  Singtel’s Globe Telecom, Axiata Group and Rogers Communications, Startups: Glympse- Board of Directors/CSO, Automatic Labs- CSO (M+A- Sirius XM) , Networks in Motion- VP Asia (M+A- TCS), Jibe- Board of Directors (M+A- Google), RX Networks- Board of Directors (M+A- Bluestar China), Kodiak Networks VP Asia (M+A- Motorola), Admobius- Seed Investor/Founding Member-Board of Directors (M+A- Lotame), Shanghai Linktone (Nasdaq), SmartPay China (M+A- Ping An insurance),  Deutsche Bank- Head of Asian Technology Equity Research, Toyota’s USA HQ Technical Customer Service.

Greg has lived globally over a decade in Greater China, Japan, Korea, Vietnam, Singapore, Sweden, Canada and is originally from New York City.

About Karma 

Southern California-based Karma is more than just a car company. Although we are best known as a creator of soul-stirring luxury electric vehicles, Karma produces commercial vehicles and automotive technology platforms. Founded in 2014, Karma is reinventing the traditional retail-based automotive business model by opening its engineering, design, customization and manufacturing resources to other companies looking to speed product development, access new technology, or make their products more luxurious. The Revero GT, Green Car Journal’s 2020 Luxury Green Car of the Year™ is a luxury electric vehicle powered by dual electric motors that embodies Karma’s goals of offering leading automotive design, technology, customization and an outstanding customer experience. Our retail partners in North America are now delivering the Revero GT to retail customers and will begin offering a performance version, the Revero GTS, later in 2020. Every Revero is created with great individual care and world-class craftsmanship at the Karma Innovation and Customization Center in Moreno Valley, Calif. For more information, visit www.karmaautomotive.com, or www.karmanewsroom.com.

 

Photo – https://techent.tv/wp-content/uploads/2020/06/karma-automotive-names-new-chief-strategy-officer-to-drive-corporate-growth-1.jpg 

Logo – https://techent.tv/wp-content/uploads/2020/06/karma-automotive-names-new-chief-strategy-officer-to-drive-corporate-growth.jpg 

Related Links :

http://www.karmaautomotive.com

http://www.karmaautomotive.com

Bitauto to Report First Quarter 2020 Unaudited Financial Results on June 12, 2020

BEIJING, June 2, 2020 /PRNewswire/ — Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2020, before the U.S. market opens on Friday, June 12, 2020. Bitauto’s management will hold an earnings conference call at 8:00 AM on June 12, 2020 U.S. Eastern Time (8:00 PM on June 12, 2020 Beijing/Hong Kong Time).

Due to the outbreak of COVID-19, operator assisted conference calls are not available at the moment. All participants wishing to attend the call must pre-register online before they can receive the dial-in numbers.

Conference Call Pre-registration:

Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. Once pre-registration has been completed, participants will receive dial-in numbers, direct event passcode, and registrant ID.

To join the conference, simply dial the number you receive, enter the event passcode followed by your unique registrant ID, and you will join the conference instantly.

PRE-REGISTER LINK: http://apac.directeventreg.com/registration/event/3685489

A replay of the conference call may be accessed by phone at the following number until June 20, 2020:

US:

+1-855-452-5696 or +1-646-254-3697

International:

+61-2-8199-0299

Conference ID:

3685489

Additionally, a live and archived webcast of this conference call will be available at http://ir.bitauto.com/.

About Bitauto Holdings Limited

Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.

Bitauto’s transaction services business is primarily conducted by its controlled subsidiary, Yixin Group Limited (SEHK: 2858), a leading online automobile finance transaction platform in China, which provides transaction platform services as well as self-operated financing services.

Bitauto’s digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications and digital image creation.

For more information, please visit ir.bitauto.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the business outlook of the Company and the quotations from management in this announcement, as well as Bitauto’s strategic and operational plans, contain forward-looking statements. Bitauto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Bitauto’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our goals and strategies; our future business development, financial condition and results of operations; the expected growth of the automobile industry and the internet marketing industry in China; our expectations regarding demand for and market acceptance of our services and service delivery model; our expectations regarding enhancing our brand recognition; our expectations regarding keeping and strengthening our relationships with major customers, partner websites and media vendors; relevant government policies and regulations relating to our businesses, automobile purchases and ownership in China; our ability to attract and retain quality employees; our ability to stay abreast of market trends and technological advances; competition in our industry in China and internationally; general economic and business conditions in China; and our ability to effectively protect our intellectual property rights and not infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Bitauto’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F. Bitauto does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and Bitauto undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

China

IR Department
Bitauto Holdings Limited
Phone: +86-10-6849-2145
[email protected]

Philip Lisio
Foote Group
Phone: +86-10-8429-9544
[email protected]

Related Links :

http://ir.bitauto.com

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BEIJING, April 27, 2020 /PRNewswire/ — Bitauto Holdings Limited (“Bitauto” or the “Company”) (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced that it filed its annual report on…