Outrider Inc., a leader in distribution yard automation, has been steadily advancing in the field of safety technology and deep learning for industrial systems. With a team of over 190 employees in 10 countries, Outrider is focusing on maintaining its first-mover advantage in the market. However, competition is beginning to emerge.
One of Outrider’s competitors is Fernride, which recently raised $50 million for its Series A funding round. Like Outrider, Fernride aims to advance the transition towards automated and sustainable logistics through human-machine collaboration technology. Another competitor, Einride, utilizes teleoperations to move vehicles in distribution yards, although this is just one aspect of Einride’s overall business.
Outrider’s CEO, Andrew Smith, acknowledges that competition is inevitable once a market starts to grow and define itself. However, he dismisses the use of teleoperations, stating that it is only suitable for scenarios that cannot be automated. Outrider’s system, on the other hand, is significantly more cost-effective than relying on humans for repetitive tasks.
In terms of advancements, Outrider has made significant progress in its automation capabilities. The company has introduced three autonomy advances that cover various aspects of a distribution yard operation. These include a perception system processing platform, lidar sensors for perception, and an industrial robotic arm for connecting and disconnecting trailer lines. Outrider has also developed a patented technology called TrailerConnect, which uses a robot arm to sense brake and electric lines without human involvement. Additionally, the company has incorporated computer vision and deep learning to track semi-trailers in real-time.
Outrider’s customers include Georgia-Pacific, a paper products provider, but other names have yet to be announced. The company is planning to launch commercial machines next year and expects to reveal more customer names publicly. With recent global hires, Outrider is also preparing for international expansion in the coming years.
Outrider’s focus on deep learning and redundant safety systems sets it apart from competitors. The company’s trained robots are capable of interpreting images and maneuvering trailers with precision, while also avoiding hazardous situations. With its innovative technology and growing team, Outrider is well-positioned to maintain its leadership position in the distribution yard automation market.
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2023-10-06 15:39:47
#Outrider #CEO #Talks #Competition #Advancements #Yard #Automation
