Exciting things are happening for warehouse technology. We’re seeing everything from physical robots to augmented and virtual realities.
Recently, Worlds Enterprises, Inc., a company that specializes in creating 4D digital twins of warehouses and factories for training and operations improvement, completed a successful $21.2 million Series A1 funding round per an announcement from Business Wire.
What’s a digital twin, and why is it worth such an investment?
A digital twin is a virtual model of a physical object or system. It can simulate and analyze the object or system’s behavior, performance, and interactions with its environment. In simple terms, it’s a virtual version of something that exists in the real world. For example, a digital twin of a car engine can be used to test and optimize its performance before the build, or a digital twin of a warehouse can be used to plan and optimize its operations and logistics. The digital twin can monitor the real-world object or system and use it for training, simulation, and optimization.
The data gathered from a digital twin can provide valuable insights and a responsive testing environment. As Worlds explains, “We show the critical variations that cause inefficiency, lower production, or create unsafe environments – in real-time. As a result, it empowers clients to reimagine and automate their processes in ways that unlock massive unrealized value.”
Amazing things are happening outside of training environments, too.
Firstly, we’ve got to talk about these warehouse robots. Such as these SqUID robots from BionicHive climbing shelves to retrieve and place inventory. Now, look at how Amazon’s robots automate multiple processes at its warehouses. And we certainly can’t forget Locus Robotics, which FreightCaviar reported on last year. Overall, robots are helping warehouses become more efficient, accurate, and safer than ever.
New AR Warehouse Technology Merges the digital and physical worlds.
Augmented reality (AR) is a technology that overlays digital information on top of the real world. In other words, it enhances the user’s perception of the physical world by adding virtual elements. AR warehouse technology makes it easy for workers to move around, access information, and more.
- Inventory Management: Displays information about the location, quantity, and status of inventory items.
- Task Instructions: Overlays instructions or diagrams on top of physical objects, helping workers to understand how to perform tasks correctly and efficiently.
- Safety: Reveals safety information and alerts to keep workers aware of potential hazards and reduce the risk of accidents.
It will be exciting to see how companies in the industrial and warehousing sectors will continue to utilize these tools to improve their operations and drive success. One question to ponder is: How can your company benefit from new industrial and warehouse technology?
Image by Freepik