Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

VIMAAN ANNOUNCES INVESTMENT TO ACCELERATE MARKET ADOPTION OF NEXT GENERATION INVENTORY TRACKING TECH

Investment from the Amazon Industrial Innovation Fund highlights differentiation and value of Vimaan’s leading edge inventory tracking solutions for warehouses and fulfillment centers

VIMAAN ANNOUNCES INVESTMENT TO ACCELERATE MARKET ADOPTION OF NEXT GENERATION INVENTORY TRACKING TECH
DC Velocity Staff
By DC Velocity StaffApr 26, 2022
DC Velocity Staff
See Full Bio

Santa Clara, CA (April 26, 2022) - Vimaan, a computer vision company for warehouse inventory management, today announced an investment from the Amazon Industrial Innovation Fund.

After spending years in development and working with some of the largest 3PLs and brands to hone its technology and solutions, Vimaan has released two new transformative products, StorTRACK and DockTRACK, both currently in production at multiple customer sites. StorTRACK, a fully automated solution for cycle counting, enables improved warehouse inventory accuracy and increased frequency of cycle counting at greatly lower costs. DockTRACK automates and increases the accuracy, visibility, and quality for receiving and shipping workflows. Both Vimaan products also detect damage and other inventory anomalies before items enter or leave a customer’s facilities.

“We were not actively soliciting an investment when approached, but when one of the largest and most innovative supply chain companies in the world recognizes the value in our solutions for the entire supply chain inventory management industry, it is easy to get excited,” stated S.K. (“KG”) Ganapathi, Vimaan’s Founder and CEO. Vimaan will use the funds to accelerate the addition of leading Fortune 500 companies to its customer base. “This investment will enhance our roster of blue-chip investors and customers, and further help build Vimaan’s reputation as a must have inventory management solution for all warehouses,” added Ganapathi.

“The purpose of the Amazon Industrial Innovation Fund is to support emerging technologies through direct investments, designed to spur invention and solve for the world’s toughest challenges across customer fulfillment operations, logistics, and supply chain solutions,” said Katherine Chen, Head of the Amazon Industrial Innovation Fund. “We are delighted to be making this investment in Vimaan. We believe their underlying computer vision technology platform is extremely innovative, differentiated, and highly relevant to solving everyday inventory management problems faced across a wide range of facilities.”

For more information:
Craig Dowley, VP Marketing
craig.dowley@vimaan.ai

https://www.vimaan.ai
Industry Press Room
vimaan
Industry Press Room
vimaan

The Latest

drawing of trucker tools freight technology
Trucking

DAT Freight & Analytics acquires Trucker Tools

chart of global trade forecast
Global Logistics

Tariff threat pours cold water on global trade forecast

drawing of globe with connecting arcs
Global Logistics

CSCMP launches seven new international roundtables

Big Joe stacker moves pallets in Baronet Coffee warehouse
Material Handling

Walkie reach truck boosts warehouse efficiency

More Stories

Averitt Promotes David Fussell to Vice President of Dedicated Sales

Averitt Promotes David Fussell to Vice President of Dedicated Sales

COOKEVILLE, Tenn. — Averitt has promoted David Fussell to vice president of dedicated sales, following the retirement of Walt Gray.

Fussell joined Averitt in 1991 and has held several key positions throughout his career. He served as a transportation sales specialist in Decatur and Nashville, later becoming service center director in Little Rock. In 2018, he transitioned to director of dedicated sales, working closely with Gray to expand the company’s dedicated accounts and deliver customized solutions to customers.

Keep ReadingShow less

Featured

cybersecurity illustration
Technology

Freight scams go cyber

colleagues using laptop in a warehouse
Labor

Study: Supply chain firms are not hiring enough tech experts

image of forklift showing data collection
Internet of Things

Supply chain managers point to data accuracy gap

Boston Dynamics’ autonomous mobile robot “Spot”
Robotics

“Spotting” issues and staying ahead of the curve

Schneider is first major carrier to achieve six million zero emission miles with the Freightliner eCascadia

GREEN BAY, Wis.-- Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is marking another significant milestone as its battery electric vehicle (BEV) fleet has surpassed six million zero emission miles, highlighting its commitment to reducing carbon emissions and advancing cleaner transportation.

“Reaching six million zero emission miles is a testament to our steadfast dedication to sustainability and innovation,” said Schneider President and CEO Mark Rourke. “Leading the way in adopting electric vehicle technology not only benefits the environment but also serves as an example of the broad service capabilities and flexibility we can offer to customers.”

Keep ReadingShow less
Roboteon announces breakthrough simulation capability for mobile robots in distribution

Roboteon’s Warehouse Robotics Fulfillment platform

Photo courtesy of Roboteon

Roboteon announces breakthrough simulation capability for mobile robots in distribution


Roboteon, provider of a powerful software platform for warehouse robot enablement, announces breakthrough simulation capabilities in its platform for robotics and other warehouse automation. The new tool help companies make better decisions across multiple time horizons, from initial automation planning through real time execution on the floor.

Interest in Autonomous Mobile Robots (AMRs) and other robotics is high, but there remains much uncertainty about use cases, the number of AMRs and humans needed across different time horizons, expected operational improvements, and cost savings from the robotics investment.

Keep ReadingShow less
Gather AI Expands Inventory Intelligence Solution into Freezer & Cold Storage Warehouse Environments
Gather AI

Gather AI Expands Inventory Intelligence Solution into Freezer & Cold Storage Warehouse Environments

Pittsburgh, PA – November 19, 2024 – Today inventory intelligence solution Gather AI announces its expansion into freezer and cold storage warehouse environments, an industry-first for inventory monitoring automation.

According to Grand View Research, the U.S. cold storage market size was valued at $40 billion in 2023 and is expected to reach $97 billion by 2030. This can be attributed to technological advancements in packaging, processing, and storage of temperature-sensitive items.

Keep ReadingShow less

VARGO® announces several vendor partnerships and client expansions in Q3 2024

Dublin, Ohio (November 19, 2024) — VARGO®, a leading provider of material-handling systems integration, warehouse execution software and equipment solutions, has announced several new vendor partnerships and customer advancements that are helping them to create efficiencies and empower fulfillment.

VARGO® and Tompkins Robotics have signed a mutual partnership, designating VARGO® as an authorized integrator of the technology. “Tompkins is an obvious choice in partner for us,” said Bart Cera, CEO. “Their robotics solutions are conducive to a weightless, continuous flow as well as being modular and quickly deployable. Their solutions have the ability to shrink or grow with the size of our customer’s operation which will allow us to utilize it often and in many different merchandise categories.”

Keep ReadingShow less
Copyright ©2024.