Beijing, 25th August, 2020 – Megvii Technology Limited has
partnered with self-service storage operator Storefriendly to deploy an
unmanned warehouse storage solution in Singapore. The solution leverages
Megvii’s proprietary technology and smart logistics capabilities to provide
more convenient, secure, and reliable self-storage services to customers. It is
designed to optimize warehouse and storage space utilization, particularly amid
growing demand for flexible storage options in densely populated communities and
commercial hubs.
In operation for over a year, Storefriendly’s unmanned warehouse storage
solution has been tested and proven to be effective. It is powered by Megvii’s
smart logistics platform HETU, facial authentication solution FaceID, logistics
robots, and e-lock capabilities. Megvii customized and deployed a cloud-based system
for Storefriendly that allows storage managers to effectively oversee various
warehouse processes, including real-time optimal path planning for logistics
robots, inventory retrieval, and resource allocation. The solution also
encompasses automatic user authentication and access control powered by FaceID,
and real-time alerts for various emergencies that could occur in a warehouse
setting, including security breaches, thefts, or fires.
As a result, Storefriendly has been able to achieve a space utilization rate of
75%, more than three times that of traditional warehouses, with only 20% of the
original labor expenditure.
“We are excited to help Storefriendly deploy a warehouse storage
solution that leverages the power of smart logistics to strengthen operational
efficiency and further enhance the customer experience,” said Xu Qingcai, General
Manager of Megvii Logistic Business Group. “This partnership underscores how
our technology can solve tangible real-life problems and pain points
encountered by businesses across the globe.”
Marco Yip, Head of Sales and Marketing at Storefriendly, said, “This new
24/7 unmanned warehouse storage solution has played a pivotal role in
optimizing cost, streamlining operational processes, and efficiently allocating
resources across our warehouses. Leveraging Megvii’s proprietary technologies
and capabilities, we will continue to focus on serving our customers across
Singapore and providing them with an array of flexible, convenient storage
options."
About Megvii
Established in 2011, Megvii is a world-class AI company
with a core competency in deep learning. Megvii has developed a proprietary AI
productivity platform Brain ++ and open-sourced its core deep learning
framework MegEngine to allow global developers to create AI solutions for
industrial and commercial scenarios.
At the heart of Megvii’s strategy is developing and commercializing
cutting-edge AI technologies. Megvii focuses on three key verticals: Personal
IoT, City IoT, and Supply Chain IoT, and provides full-stack solutions to
customers, integrating algorithms, software, hardware, and AI-empowered IoT
devices. Megvii’s solutions are designed to solve real life problems and pain points,
from improving user experience on personal devices to making cities and
communities safer and more efficient, and powering the digital transformation
of industrial and logistics businesses.
