Based in 2015, the worldwide warehouse robotics supplier is among the many quickest materials dealing with corporations to succeed in that milestone.
Right this moment, Exotec®︎, a worldwide warehouse robotics supplier, introduced that it has bought over $1 billion in programs globally, one of many quickest supplies dealing with corporations to succeed in the milestone. This achievement illustrates the speedy adoption of the Exotec know-how since its founding in 2015 because it frequently expands its headcount, reinvests into new options and reaches new markets internationally.
“Reaching the milestone of $1 billion in programs bought globally exhibits that our strategy to warehouse automation is differentiated and strongly resonates with our prospects,” says Romain Moulin, CEO and Co-Founder at Exotec. “We’re reinventing an {industry} that has traditionally relied on legacy automation that’s static to enterprise fluctuations, laborious to take care of and costly to combine. Our continued progress is proof that flexibility and dependable efficiency are paramount for provide chain leaders all over the place.”
“Exotec has confirmed its capability to execute large-scale initiatives and ship exceptional worth to purchasers. This has enabled the corporate to develop its footprint, deepen its relationship with massive purchasers and develop revenues. We consider the corporate is properly positioned for future progress given the continuing have to carry know-how and automation to the worldwide warehouse {industry},” stated Christian Resch, accomplice in Progress Fairness at Goldman Sachs Asset Administration.
Main manufacturers like Hole Inc., Decathlon, and UNIQLO belief and put money into Exotec’s signature Skypod® system to assist climate difficult enterprise fluctuations.
Key highlights of Exotec’s journey to $1 billion in programs bought:
International Growth: The corporate lately expanded its presence into totally new markets together with Jap Europe and South Korea, and likewise opened a manufacturing facility in Croix, France which helps the continual improvement of its product roadmap. Reaching over 100 buyer websites globally, the corporate has skilled document enterprise progress throughout key areas like APAC, Europe, and North America.
Elevated Headcount: To assist help its rising buyer base internationally, Exotec has grown its international headcount 80% over the previous 12 months reaching 850+ workers globally. That is in stark distinction to the remainder of the fabric dealing with {industry} which contracted in 2023.
Reinvesting in R&D: Exotec closely re-invests within the analysis and improvement of recent options (10% of its annual income), in an effort to preserve a aggressive pipeline of recent improvements that handle its prospects’ most urgent ache factors. In 2024, Exotec plans to recruit near 100 R&D professionals globally.
About Exotec Exotec is a worldwide warehouse robotics firm powering the world’s largest manufacturers. The corporate combines the most effective of {hardware} and software program to supply elegant warehouse robotic programs that drive operational effectivity, add resiliency, and enhance working situations for warehouse operators. 50+ industry-leading manufacturers together with Hole Inc., Carrefour, Decathlon, and UNIQLO belief Exotec to enhance their operations throughout 100+ websites worldwide. Study extra at Exotec.com