By deploying a multi-fleet robot orchestration solution to a warehouse serving South Korean retail giant Lotte, CoEvolution has expanded its reach to more than 50 settings, the company has announced.
Founded in 2019, CoEvolution offers multi-vendor robot fleet orchestration software. The multi-fleet orchestration capability at the warehouse serving Lotte has increased throughput by 30% more SKUs per day, CoEvolution added.
CoEvolution explains that its multi-fleet solutions are based on AI-driven core software that can control different types of robots, coordinating them to deliver multi-fleet solutions. The latest move by CoEvolution is its launch into the US market, becoming a US incorporated business and establishing a new office in Seattle.
CoEvolution was co-founded by Dr Lijun Zhu, who has a PhD in Physics and extensive logistics experience, both in the US at Amazon and Alibaba in China. At Alibaba he worked at the logistics arm, on projects involving the integration of artificial intelligence and machine learning into logistics. He left in 2019 and assembled an expert team of co-founders who brought a range of tech, business development, AI, automation and logistics skills to the company he started. CoEvolution added that its multi-fleet orchestration customers include Siemens, Lenovo, Lotte, SF Express, DHL, Yunda, MyMRO, Ruhlamat, and Wurth.
Recent data from market intelligence specialist Interact Analysis predicts a CAGR of 138% between 2021 and 2027 for multi-fleet orchestration technology.
CoEvolution Co-Founder and COO Michael Wang commented that, “Achieving in excess of 50 deployments is a huge landmark and we are happy to have cemented our place as a leading company in the field of multi-vendor robot fleet interoperability. Our ambitious plans will see us move far beyond this total, as manufacturing and warehousing continue to face logistics and staffing challenges that can be addressed through the use of efficient and flexible fleets of multiple robots from different vendors working together within shared environments."