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Geek+ raises $100 million in latest financing round with strategic investment from Intel

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Geek+, a maker of warehouse automation technologies, has closed a new, $100 million series E1 funding series, with the company valued at over $2 billion.

Investors in the round include Intel Capital, Vertex Growth, and Qingyue Capital Investment. The company will use this funding to accelerate its global market expansion and invest in its AMR technology research and development for key product innovation.

In early 2021, Geek+ closed a previously undisclosed series D financing round led by CPE. In 2021, Geek+ registered annual revenue of $150 million and over $300 million in orders. [Read more…] about Geek+ raises $100 million in latest financing round with strategic investment from Intel

Financial software for a successful business

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Why do you need custom financial software development services, how they are produced, and what are the main points in the development? More in this article.

In this rapidly changing world, companies are more focused on improving their business graph by improving their financial performance. There was a time when accounting was just a paper document, but in 2022, companies large and small are using custom accounting software to automate their financial processes.

Why is it necessary to develop custom accounting software for a company? The idea behind custom accounting software is that existing software meets specific business needs that may not fit the business needs of another company. [Read more…] about Financial software for a successful business

Choosing the Right Machining Service Provider for Your Business

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When starting up your new business, you need to consider all the options at your disposal. When it comes to CNC machining services, you have several options, but not all of them are created equal.

You’ll want to ensure that you have the right solution to meet your needs and that you aren’t overpaying or underpaying for the services you receive. This guide will help you find the right machining service provider for your business, saving time and money. [Read more…] about Choosing the Right Machining Service Provider for Your Business

ABB appoints ATS Global to advance data center automation business

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ABB has signed an agreement with ATS Global to extend the reach of the ABB Ability Data Center Automation business.

The Netherlands-headquartered company has become a Global System Integrator (GIS) and will work with ABB to combine expertise and resources, testing the advantages and effectiveness of potential collaborations for data center customers and growing their respective businesses.

DCA is ABB’s industrial solution for on-premise and hybrid cloud environments. It is a controls, hardware and software solution for control, monitoring and optimization of data center infrastructure, with mechanical control in building management system, electrical power management system, supervisory control and data acquisition, and data center infrastructure management capabilities in a single, ruggedized industrial solution. [Read more…] about ABB appoints ATS Global to advance data center automation business

The Ambitious Entrepreneur: How to Elevate Your Startup

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New company owners are at the precipice of something great – or something that could potentially cause them grief for months, if not years to come. It’s not the kind that offers a comfortable in-between, which is why startup management is typically associated with stress and anxiety.

While that all sounds pretty gloomy, remember that failure is one of the stepping stones to success, and that rings true with startup management. The good news is you have plenty of examples from other successful businesses to help you succeed.

Here’s how ambitious entrepreneurs can elevate their startups. [Read more…] about The Ambitious Entrepreneur: How to Elevate Your Startup

5 Ways Fixed Asset Tracking Software Improves Asset Management

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Fixed asset tracking software offers countless benefits for businesses, such as cost saving, asset optimization and depreciation management. It also enables efficient asset management by providing users control over asset maintenance which streamlines business processes.

With automated technology like barcodes, RFID and QR codes you are able to track the location of each asset, keep up-to-date equipment and improve administrative workflows.

ResearchandMarkets.com reports that the global market for fixed asset tracking is likely to reach $60.7 billion by 2027. [Read more…] about 5 Ways Fixed Asset Tracking Software Improves Asset Management

Why Streamlining Your Business with Automation Could Change the Game

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When you think about it, business automation is a bit of a no-brainer. After all, automating routine tasks can help to improve efficiency and free up your time to focus on more important things.

Not only that, but it can also help to improve the bottom line by reducing costs. In this blog post, we will discuss the benefits of business automation and how it can help to streamline your operations.

We’ll also look at some of the best tools and platforms for automating your business processes. So read on to discover why automation could be the key to taking your business to the next level. [Read more…] about Why Streamlining Your Business with Automation Could Change the Game

5 Important Steps in Keeping Your Digital Business Secure

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Sadly, the rise of digital entrepreneurship didn’t evolve hand-in-hand with proper cybersecurity standards. Digital business owners have a myriad of things to worry about before they can think about phishing and antivirus software.

Cybersecurity is a science of its own, but you don’t have to be an expert to keep your digital business out of hackers’ reach. Instead, let’s talk about the steps you can take right now to keep your digital business secure. [Read more…] about 5 Important Steps in Keeping Your Digital Business Secure

8 Automation Strategies to Optimize End-to-End Business Processes

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Are you looking for ways to optimize your end-to-end business processes? If so, you’re in luck! This blog post will discuss seven automation strategies that can help streamline your operations. By automating these processes, you’ll be able to improve efficiency and reduce costs.  [Read more…] about 8 Automation Strategies to Optimize End-to-End Business Processes

Ready to Automate? 5 Expert Insights on the Warehouse of the Future

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A new report explores trends and key considerations for warehouse and distribution center executives implementing automation.

Automation is changing the way our world works, and it’s probably already a part of your daily life.

Even the ways you watch TV and shop are likely influenced by automation, from artificial intelligence-powered suggestions on what series to begin next, and algorithms that conveniently present you with ads for your favorite brand of sneakers. [Read more…] about Ready to Automate? 5 Expert Insights on the Warehouse of the Future