AWS is launching a billion dollar investment programme to support partners in customer fulfilment, logistics, and the supply chain.
Dubbed the Amazon Industrial Innovation Fund (AIIF), the programme will invest in those that increase delivery speed and further improve employees’ experience working in the warehousing and logistics fields.
Initially, AWS will focus on wearable technology enhancing safety in fulfilment buildings and robotics designed to complement and coexist with people’s lives.
Outfits which look likely to collect are Modjoul, Vimaan, Agility Robotics, BionicHIVE and Mantis Robotics.
Amazon’s VP of worldwide corporate development, Alex Encarnacion said: “We see an opportunity to look beyond our own experience and empower companies developing emerging technologies in customer fulfilment operations, logistics, and the supply chain.”
“We know there are companies out there that share our curiosity and excitement to invent. Whether our investment helps them grow or leads them to work with Amazon, we’re excited to help advance these technologies as online shopping becomes even more important to people looking for more convenience and time savings.”
