Tag: Ocado

Ocado invests in autonomous driving, Instacart expands e-commerce capabilities with acquisition of FoodStorm

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UK –  UK-based grocery solutions and logistics business Ocado has invested £10 million ($13.6 million) in self-driving technology startup Wayve to spur the development of autonomous grocery delivery.  Founded in 2017, Wayve’s autonomous-driving technology relies on deep learning and cameras, in contrast to the light detection and ranging — commonly known as “lidar” — systems and sensors that many self-driving companies currently employ.   The camera-based approach is less costly, and according to Wayve, is also well suited to navigating traffic-clogged, complex city streets where so many grocery deliveries happen.  Under…

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Ocado makes new investments to accelerate development of autonomous delivery vehicles

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UK – British automation and robotics company Ocado has announced a £10 million (about US$13.83 million) investment in autonomous vehicle software company Oxbotica, as part of a new commercial partnership to develop autonomous delivery solutions. Headquartered in Oxford, Oxbotica’s products use an advanced set of AI, machine learning and optimisation technologies to yield a low-power, quick-to-deploy ‘Universal Autonomy’ platform. The company first teamed up with Ocado in 2017 for a two-week trial using an early prototype vehicle doing autonomous deliveries in Greenwich, London. Ocado’s recent investment will see the companies…

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Kroger introduces ‘Customer Fulfilment Centre accelerate eCommerce capability

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US – American grocery retailer, Kroger has launched what it claims to be America’s first Customer Fulfilment Centre (CFC) in an effort to accelerate its eCommerce capability. According to a report by FoodBev, the CFC was developed using technology developed by UK-based delivery service Ocado. The launch is the result of Kroger and Ocado’s exclusive partnership formed in 2018 which gave the US retailer access to Ocado’s Smart Platform technology to enhance its fulfilment, picking and delivery capacity. Apart from enhancing its ecommerce capabilities, Kroger says that its CFC would…

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