Our aim is for consumers the world over to be able to shop online in the way that is most convenient for them, based on their individual needs and by employing our ever-evolving technologies. Our functionality works across a spectrum of customer interfaces, including mobile and Alexa voice-activated systems. Our business is built on finding solutions, so our people — those who do the finding — are critical when it comes to us achieving our goals. For example, we hired almost technology colleagues in to increase the pace we evolve our technology.
Each of them works under our technology leadership team, who are tasked with ensuring that we generate value in both the short and the long term.
The Ocado Smart Platform provides what we believe to be the most advanced and efficient end-to-end service of its kind in the world. The automated fulfilment that takes place in Customer Fulfilment Centres is powered by a market-leading physical infrastructure solution, combined with algorithms that shorten lead-times and improve accuracy.
The modular format and cloud-based architecture ensure that the solution is scalable and continuously updateable. We work with grocery retailers across the world who recognise that we can help them succeed like no other company in the online space. Our Solutions business offers them a full-service proposition: a front-end interface for ordering; automated fulfilment through our CFCs ; last-mile operations for delivery… All underpinned by our proprietary technology, the Ocado Smart Platform.
Transforming into the Ocado Group of tomorrow. The increase in the value of the Company is reflected in its climb up the FTSE index rankings, a significant achievement for such a young company.
As we look to the future, we see untold opportunities opening up, based on the strong foundations that our success so far has created.
The uniquely flexible Ocado Smart Platform allows our partners to serve a full range of customer missions, supported by proprietary technology which is constantly evolving thanks to our growing capacity to innovate. We believe strongly that our platform will help our partners deliver a market-leading service to their customers, as the very promising initial results from our partners Groupe Casino and Sobeys have shown.
What does it mean to be a successful business in the complex, ever-changing world we operate in? But just as there are many other facets to our business, so too are there many other metrics by which we measure our success: from sustainable initiatives to satisfied customers, from technological advances to sealed Solutions deals. In , Ocado signed a 10 year supply and branding deal with the premium grocery chain Waitrose to sell its products. Despite some initial trepidation from Ocado users loyal to Waitrose, the move proved successful.
A surge in demand following the announcement of the new venture forced Ocado to temporarily suspend deliveries. While most companies would think twice before teaming up with their rivals, Ocado does things differently. In , it entered into an agreement with Morrisons supermarkets to provide its website, delivery services, and warehouse facilities.
When it comes to technology, Ocado is way ahead of the game. It even has its own tech division — Ocado Technology.
Each warehouse is built around a 3D grid structure. Groceries are stored in crates within the structure. Taking responsibility for moving, collecting, and taking the crates to pickers are an army of robots managed by a central control system optimized by AI.
The robots, which communicate on a 4G network to avoid colliding with each other, are cable of processing 65, orders each week. As techwireasia. The Covid pandemic may have dealt a devastating blow to many businesses, but some unquestionably came out of lockdown in a stronger position than ever.
Ocado was one of the winners. With stay-at-home orders in place, more and more of us turned to online grocery shopping, much to the benefit of retailers like Ocado. Although it initially struggled to keep up with the surge in demand at the beginning of the outbreak, it quickly adapted by adding more workers and delivery drivers to its payroll.
In the end, it emerged as one of the best-performing public companies during the pandemic. As part of the partnership, Kroger bought a 5 percent stake in the company. In return, Ocado agreed to provide Kroger with 20 fulfillment centers. After news of the agreement broke, Kroger share prices climbed by an impressive 44 percent.
In addition, it now has six technology centers spread throughout Europe, including those in Poland, Bulgaria, Spain, and the UK. When Ocado formed, it was with three founding members. Today, only one of them remains with the company. Jason Gissing left in Ocado Technology was formed in , to help spread word of our growing capabilities.
And Ocado Engineering came about to complement this. Sharing our learnings with other like-minded, forward-looking grocery retailers around the world came next. Ocado became two brands: Ocado Retail and Ocado Group, with our constituent parts making us who we are - a global tech and solutions provider; an always-on ideas factory.
We invest in AI and machine learning, robotics and sustainable farming. Ocado keeps evolving, and our business might not be the same in another 20 years. You can call yourself whatever you like. But eventually, a brand name becomes what it means to consumers. About us What does 'Ocado' mean? Your browser doesn't support SVG.
0コメント