Amazon buys Kiva robot armyMarch 21, 2012 - 14:25 AMT PanARMENIAN.Net - Amazon is assembling an army of robots. The online retailer announced that it had acquired Kiva Systems - a company that designs robotics aimed at increasing supply chain optimization - for approximately $775 million. “Amazon has long used automation in its fulfillment centers, and Kiva’s technology is another way to improve productivity by bringing the production directly to employees to pick, pack and stow,” Amazon’s vice president of global customer fulfillment Dave Clark said in a release. Among Kiva’s customers are internet retailers Zappos.com and Diapers.com, two companies that were recently acquired by Amazon. Amazon’s acquisition of these retailers and Kiva suggests the company is placing a greater emphasis on delivering a wider range of products to customers faster. Amazon spent $4.6 billion last year on warehouses-the company’s largest operating expense. Kiva’s Mobile-robotic Warehouse Automation System uses small orange robots to automate a warehouse’s shelving, delivery and inventory operations in order to increase efficiency, Inc.wire reported. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |