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All the Ways Predictive Analytics in CRM Improves Logistics Decision-Making

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Predictive analytics has revolutionized industries by offering data-driven insights that inform better decision-making. When integrated into Customer Relationship Management (CRM) systems, it becomes a powerful tool for logistics professionals.

Predictive analytics in CRM allows businesses to forecast trends, optimize operations, and address challenges before they arise. This article explores how predictive analytics enhances logistics decision-making, highlighting practical examples and future potential. [Read more…] about All the Ways Predictive Analytics in CRM Improves Logistics Decision-Making

Using Technology to Drive Operational Efficiency and Customer-Centric Solutions

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When you’re a business, there are just two things that really matter. The first one is delivering a good service/product to your customers.

You need to give them what they expect, regardless of whether you’re a luxury or budget brand. Sure, your messaging and marketing may manage their expectations, but they’ll evaluate the product/service based on its own merit.

[Read more…] about Using Technology to Drive Operational Efficiency and Customer-Centric Solutions

Effective Operational Risk Management: Tools and Techniques for Success

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Managing potential threats within business operations is crucial for every organization. Whether it’s a small enterprise or a large corporation, addressing these challenges ensures that daily activities align with overall goals while maintaining stability and resilience.

But what does it really mean to manage these threats effectively? Why is it so important, and what tools and techniques can organizations use to succeed?

This article dives into these questions, offering insight into best practices and strategies for effective operational risk management. The goal is to make this difficult subject understandable and useful for companies looking to improve their risk management practices. [Read more…] about Effective Operational Risk Management: Tools and Techniques for Success

AI-Powered Operational Data Analytics: Revolutionizing the Workflow

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Discover what is operational data analytics, what benefits businesses get from using it, and how it can be advanced with the power of artificial intelligence.

In 2023, staying ahead in the market means not just collecting data, but taking the necessary insights out of it to drive crucial business decisions.

According to Forbes, such a tool as operational data analytics stands now at the forefront of this process, offering unprecedented insights into daily operations. But what happens when you infuse it with the capabilities of top-notch AI algorithms? [Read more…] about AI-Powered Operational Data Analytics: Revolutionizing the Workflow

Teledyne FLIR Boson+ thermal camera now available with factory-integrated continuous zoom lens

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Teledyne FLIR, part of Teledyne Technologies, has launched the first Boson+ thermal camera module with its factory-integrated, high-performance 14 mm to 75 mm continuous zoom (CZ) lens.

With seamless optomechanical integration, the new Boson+ CZ 14-75 reduces development and operational risk and costs, all with an industry-first warranty that is not available when using multiple suppliers.

The reliable Boson+ CZ 14-75 is ideal for unmanned aerial vehicles, perimeter surveillance, light armored vehicle situational awareness and targeting, and soldier sighting systems. [Read more…] about Teledyne FLIR Boson+ thermal camera now available with factory-integrated continuous zoom lens

European retail giant Otto Group to install more than 100 Covariant robots at fulfilment centres

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Otto Group, one of the largest online retailers in Europe, is entering into a long-term strategic partnership with Covariant, an AI robotics company. 

Covariant’s AI-powered robots will be used to automate a wide range of manual fulfilment activities that require hand-eye coordination and object manipulation – supporting Otto Group to enhance services for its customers and to take another important step towards a digitalized and AI-driven future.

The Otto Group will deploy Covariant robots to increase operational efficiency, build resilience against labour market challenges, and improve the overall quality of work within their fulfilment centres. [Read more…] about European retail giant Otto Group to install more than 100 Covariant robots at fulfilment centres

Nauticus Robotics expands into Europe with operating bases in Norway and the UK

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Nauticus Robotics, a Houston-based developer of ocean robots, autonomy software, and services to the marine industries, has launched operations in Norway and the United Kingdom, beginning the company’s international expansion strategy for 2023 and beyond.

The operating bases are strategically located in Stavanger, Norway and Aberdeen, Scotland to service the North Sea offshore market.

The company will deploy assets and collaborate with local partners to service the region’s extensive offshore wind and oil and gas assets with its expanding Nauticus Fleet, a robotic navy of surface and subsea robots. [Read more…] about Nauticus Robotics expands into Europe with operating bases in Norway and the UK

Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

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As the world emerges from the global pandemic, retail is growing at levels not seen in the last two decades. Retail sales grew by 7 percent in 2020 and by over 14 percent in 2021, which is in stark contrast to the 3.7 percent annual growth between 2010 and 2019.

The increased demand for retail has put a strain on supply chains and retail operations worldwide. As a result, retailers and stakeholders are turning to automation solutions such as mobile robotics for operational ease.

According to global technology intelligence firm ABI Research, worldwide commercial robot revenue in retail stores will have a Compounded Annual Growth Rate (CAGR) of over 25 percent from 2022 to 2030 and exceed $8.4 billion by 2030. [Read more…] about Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

Nauticus Robotics launches ‘pioneering’ underwater robot fleet system for offshore industry

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Nauticus Robotics, a Houston-area developer of subsea and surface robotic services using autonomy software, has launched the initial production run of Nauticus Fleet, a robotic navy of 20 Hydronaut-Aquanaut pairs.

These tandem pairs will be deployed in multiple offshore industries serving applications ranging from subsea maintenance and intervention to data collection activities.

These first sets of robots will be delivered in Q4 2022, with the remainder being fulfilled by the end of 2024. [Read more…] about Nauticus Robotics launches ‘pioneering’ underwater robot fleet system for offshore industry