Frost & Sullivan Names Berkshire Grey the 2022 Enabling Technology Leader for Intelligent Robotic Automation
Berkshire Grey (Nasdaq: BGRY) was named the 2022 Enabling Technology Leader for Intelligent Robotic Automation by Frost & Sullivan. This recognition emphasizes the company's role in automating supply chain processes amid increased labor scarcity and consumer demand for faster deliveries. Berkshire Grey offers AI and machine learning-enabled solutions, holding 120 patents with more pending. Their technology addresses industry needs through a range of products designed to improve operational efficiency and ROI for businesses, especially in eCommerce and logistics.
- Named 2022 Enabling Technology Leader by Frost & Sullivan.
- Offers AI and ML-enabled automation solutions that improve warehouse efficiency.
- Holds 120 patents with 300 more pending, indicating strong innovation.
- Systems in use across multiple industries, enhancing scalability.
- None.
Analysts highlight Berkshire Grey’s Customer Impact, Commitment to Innovation, Creativity, and Application Diversity
BEDFORD, Mass., April 28, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, was recently named the 2022 Enabling Technology Leader for Intelligent Robotic Automation by Frost & Sullivan. According to Frost & Sullivan’s analysis –
Ecommerce, retail, third-party logistics, and grocery companies seek to automate online order fulfillment, store replenishment, and other operations to improve throughput and speed, to meet skyrocketing consumer demand and expectations for faster deliveries. However, most processes are still manual, and labor scarcity is prevalent. The COVID-19 pandemic has made labor availability and management more complex, and companies are under pressure to deliver goods rapidly and profitably.
Amid this scenario, Berkshire Grey offers artificial intelligence (AI) and machine learning (ML)-enabled intelligent robotic automation solutions that continuously improve the performance of customers’ warehouse and fulfillment operations. Berkshire Grey’s technology and intellectual property are homegrown. The company has a strong track record of building disruptive technologies and generating solid revenue streams. The company has received 120 patents with 300 more pending. Berkshire Grey effectively matches its robotic expertise and capabilities to meet industry needs through a unique combination of solutions, including a robotic put wall (introduced at the end of Q3 2021), robotic product sortation (either robotically or manually inducted depending on customer needs), robotic product sortation with identification, robotic pick cell, robotic pick and pack cell, robotic induction system, and mobile robotic sortation and sequencing. Berkshire Grey’s products automate the most manual tasks: picking, sorting, packing, and moving goods.
“Frost & Sullivan applauds Berkshire Grey’s dual focus on customer impact and innovation,” said Sankara Narayanan, Industry Principal at Frost & Sullivan. “Businesses that adopt Berkshire Grey solutions are solving labor challenges, improving operational capacity, and achieving measurable ROI. We recognize Berkshire Grey as a leader in robotic automation enabling enterprises of all sizes to better serve today’s connected consumers amid intensifying competition.”
Download a complimentary copy of Frost & Sullivan’s full analysis of Berkshire Grey.
With systems in use today in multiple industries including eCommerce, retail, same-day grocery, package handling, and 3PLs, Berkshire Grey is a trusted leader in advanced automation. Berkshire Grey delivers scalable solutions that grow with their customer’s business. With Berkshire Grey’s Intelligent Enterprise Robotics (IER), customers have access to solutions that support their order fulfillment needs across the entire supply chain. In addition to modular solutions, Berkshire Grey’s extensive services include installation, testing and commissioning, and continued support leveraging cloud-based predictive maintenance, management of system operations, analytics, and integration.
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Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in customer value and market penetration. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Berkshire Grey
Berkshire Grey, Inc., (Nasdaq: BGRY) helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organize, and sort operations to deliver competitive advantage for enterprises serving today’s connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers. To learn more about Berkshire Grey, please visit BerkshireGrey.com and follow Berkshire Grey on Facebook, LinkedIn, Twitter, and YouTube.
Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey. Other trademarks referenced are the property of their respective owners.
Berkshire Grey Contacts:
Method Communications for Berkshire Grey
berkshiregrey@methodcommunications.com
Investor Relations:
Sara Buda
VP, Investor Relations, Berkshire Grey
ir@berkshiregrey.com
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