Autonomous Piece Picking Competitive Landscape Part 1 of 3
Osaro is aimed at creating successful software that automates existing robots for industrial use, GreyOrange controls about 90% of India's automation market. The requested information has been provided in the attached spreadsheet.
- The main objective of Osaro is creating successful software that automates existing robots for industrial use.
- Osaro uses simulation platforms and data storage to train, verify and test the picking systems in real-world scenarios.
- The company's mission is to develop ML software to facilitate robot learning and adapt to environmental changes.
- The major strengths include a flexible, robust and low-cost vision.
- Osaro's strategy is to focus on their strengths being, algorithm development to empower robots with human-level intelligence for complete automation.
- A potential weakness is that Osaro doesn't have the hardware capacity.
- Soft Robotics is a robotics company that has developed new kinds of dexterous and self-adaptive robotic grippers that are plug and play, reliable and repeated.
- Soft Robotics solutions are made of soft elastomeric grippers that are air actuated, thereby facilitating industrial applications that had been otherwise impossible.
- Their target market includes warehouse logistics, complex assembly and food handling.
- Traditional grippers have three major challenges that are all addressed by the company's novel solution: adaptability, complexity and cost.
- GreyOrange is a warehousing automation company that develops, produces and deploys advanced robotic automation systems for warehouses and distribution locations.
- The company develops solutions for material handling.
- The GreyOrange system operates on ML and swarm intelligence algorithms.
- It has two products lines namely, the Butler which is an autonomous mobile platform and the Sorter which is a conveyor based sorting product.
- The core strength of GreyOrange is in Artificial Intelligence and Machine Learning.
- Their products pricing is high, which presents a potential weakness. A Sorter goes for about $70,000 — $500,000, while the Butler costs $30,000.
- GreyOrange has a 90% market share of India's automation market.
- According to the company, its AI robots can help in a 60% — 80% decrease in manpower.