ForwardX Robotics Revenue and Competitors

People are changing. On the demand side, people buy a wider range of goods across a wider range of channels. They buy more frequently and expect better service, whether that means next-day delivery or an easier returns process. On the supply side, workforces are aging as less of the new generation enters supply chain industries. Wages are rising as economies develop and jobs in warehousing and manufacturing remain unfilled. The result? For warehouses, it means more SKUs, more throughput, and more pressure. For factories, it means shorter product cycles, more frequent changeovers, and unpredictable demand. At ForwardX, we believe the answer to these problems can be found in intelligent mobile robotics. With true intelligence, mobile robotics can become entirely flexible to your circumstances while delivering output levels to rival traditional automation systems. Working collaboratively alongside humans, intelligent mobile robots help companies meet the needs of today's consumers within the constraints of today's labor market at an affordable investment. Why ForwardX? Our vision-first approach puts intelligence at the heart of our mission. With Cortex technology, our robots perceive the environment as well as your workers do. This means they can understand their surroundings, making better decisions, and adapting on-the-fly to dynamic circumstances. The result of such intelligence: true autonomy, unrivaled flexibility, and potentially unlimited productivity. Whether you're a manufacturer trying to flexibly automate a production line, a 3PL provider looking to increase picking productivity, or a retailer looking to upgrade your omnichannel fulfillment, your future can be found with ForwardX. In fact, we currently serve more than 10 Fortune 500 enterprises, such as ITOCHU, SF DHL, TCL, and more. On average, our customers have seen fully burdened labor costs decrease by up to 50%, productivity increase by 2-3x, and ROI achieved in less than two years.