JASCI Acquires NextShift Robotics to Power Ecommerce Logistics
Next generation technology to optimize the warehouse
News provided by
Share this article
Share this article
LOWELL, Mass., May 4, 2021 /PRNewswire/ -- JASCI Software, a recognized global leader in SaaS warehouse management software, announces the acquisition of NextShift Robotics, a leading autonomous warehouse robotics company based in Lowell MA. NextShift will operate as JASCI Robotics, focused on innovating warehousing and logistics.
JASCI Acquires NextShift Robotics to Power Ecommerce Logistics
Scarcity of available warehouse labor along with the massive growth of ecommerce is fueling robotics in logistics. ABI research is estimating 4 million robots being deployed in over 50,000 warehouses by 2025 to meet market demands. Gartner is forecasting over 50% of warehouses will have invested in robotics by 2025 to augment labor. With an average of $20,000 - $30,000 per robot, this market has the potential to exceed $80B over the next 5 years.