Robotics & Automation Firm Addverb Technologies To Further Expand Globally

Addverb Technologies has created global teams in Singapore, Australia, and Europe and is looking to start operations in the US before the end of 2021. The company aims to be in the top five global robotics companies by 2025.

Robotics and Automation company Addverb Technologies is further expanding its presence across Europe, Singapore, and Australia. This strategic initiative stems from increased demand for robotics and automation solutions in the global market. 

“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,” said Sangeet Kumar, CEO, Addverb Technology.

Established in June 2016, Addverb has clocked an approximate revenue of around 27 Million USD in FY 2020-21. The company inaugurated a state-of-the-art manufacturing facility, “Bot-Valley”, which also houses a well-equipped R&D facility at Noida in March 2021. The company with one of the widest Robotic and Automation product portfolios has more than 100 customers, including Reliance, Flipkart, Amazon, Hindustan Unilever, Coca-Cola, PepsiCo, Future Supply Chain, Marico, etc.   

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 three months. In addition, they have worked on complex research problems with institutes like IIT Delhi and aim to establish an innovation lab in the US and Europe 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.

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 (Mobinity), Warehouse Management System (Optimus), Robot Fleet Management Software (Legion), and Pick-By-Voice (Khushi).

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kumar Gandharv
Kumar Gandharv, PGD in English Journalism (IIMC, Delhi), is setting out on a journey as a tech Journalist at AIM. A keen observer of National and IR-related news.

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