Love robotics? Fill out the form below to stay
abreast of the latest news, research, and business
analysis in key areas of the fast-changing
robotics industry
Subscribe to Robotics
Trends Insights


 
Sponsored Links

Advertise with Robotics Trends
[ view all ]
Industry and Manufacturing
Bookmark and Share
STORY TOOLBOX Print this story  |   Email to a friend  |   RSS feeds
Kiva Systems’ Double Digit Growth Defies 2009’s Recession Economy
Record expansion of robotic warehouse automation solutions bucks material handling industry trend.
By Robotics Trends Staff - Filed Jan 06, 2010

More Industry and Manufacturing stories
Despite the 2009 “Great Recession”, Kiva Systems, a producer of order fulfillment robotics solutions, had a banner year in 2009, doubling the number of its customers and expanding into Canada, the UK and the Netherlands.



Kiva Systems, a developer of game-changing mobile-robotic solutions that automate order fulfillment and warehouse operations, announced 2009 was a record year for the company. Kiva Systems grew business organically, significantly outperforming industry expectations in the face of a challenging economy by closing 2009 with increases in both revenue and bookings for new orders compared to 2008.

“In a year when the Material Handling Industry of America projected a 35 to 38 percent industry contraction, Kiva experienced increased demand for its fulfillment solutions and expanded,” said Mick Mountz, founder and CEO of Kiva Systems. “Kiva provides an unmatched warehouse automation system and our results speak for themselves. Companies are no longer looking to integrate disparate technologies then hope for a successful solution. In today’s environment, our customers require a complete and flexible system that reduces costs, simplifies and accelerates operational processes, and defers capital.”

Highlights of Kiva’s 2009 growth include:

  • The number of Kiva customers nearly doubled.
  • More than 60 percent of existing customers expanded their Kiva solutions adding just-in-time capacity during the year.
  • The number of active Kiva-powered distribution centers more than doubled in the USA.
  • Kiva extended its reach into three new countries including Canada, the UK and the Netherlands.
  • More than 7.5 million orders comprised of more than 50 million lines of product were processed by Kiva’s mobile fulfillment systems.
  • Kiva robots traveled more than 3 million miles so that warehouse workers could work, not walk in 2009.

    Kiva’s innovative approach to order fulfillment uses hundreds of mobile robotic drive units that bring inventory directly to workers, allowing easy and efficient access to all inventory items at all times. Elimination of operator walking and waiting enables worker productivity that is two to four times higher than with other automated systems. What’s more, because all the system components are mobile and modular, a Kiva-equipped distribution center has unprecedented flexibility when adding new products or expanding throughput—without disrupting ongoing operations.

    About Kiva Systems
    Kiva Systems, Inc. offers game-changing automation solutions for distribution centers that help companies simplify operations and reduce costs while increasing strategic flexibility. Using hundreds of autonomous mobile robots and sophisticated control software, the Kiva Mobile Fulfillment System enables extremely fast cycle times with reduced labor requirements, from receiving to picking to shipping—all without conveyor. The result is a building that is quick and low-cost to set up, inexpensive to operate and easy to change. For more information on Kiva Systems and its solutions, please visit http://www.kivasystems.com.

    Contact
    Mitch Rosenberg
    Kiva Systems, Inc.
    P:  781-305-5167
    E : 

    or

    Scott Love or Robert Skinner
    Schwartz Communications, Inc.
    P:  781-684-0770
    E: 


Bookmark and Share
STORY TOOLBOX Print this story  |   Email to a friend  |   RSS feeds
  FOLLOW US
Facebook
Now you can follow Robotics Trends and
Robotics Trends Business Review on Facebook