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Dematic jump starts Modex with release of Dematic iQ Software Platform

Dematic, a leading global supplier of automated fulfillment solutions for the warehouse and distribution centers, today announces the introduction of Dematic iQ, its next generation software platform that extends beyond traditional warehouse control systems into knowledge-based logistics optimization. Using advanced analytics to deliver immediate, real-time visibility and control, users can manage their business in real-time, anytime, at any level, from anywhere.

"With the exponential growth of digital data, we are putting ourselves at the forefront of leveraging this information to deliver actionable business intelligence," said Ulf Henriksson, President and CEO, Dematic Group. "I am excited to take part in announcing Dematic iQ, which provides our customers with a real-time, knowledge-driven fulfillment platform for competitive advantage."

John Baysore, President and CEO, Dematic North America stated, "Today’s order fulfillment challenges are vast. Dematic iQ presents our customers with a single logistics platform that delivers the decision support and optimization capabilities needed to improve operations on a sustainable basis." Baysore continued, "In addition, our recent acquisition of a CMMS offering extends Dematic’s reach into maintenance management, making it easy to maximize equipment potential and operating life."

Developed as a scalable and modular platform that will accommodate manual processes through highly automated systems, Dematic iQ addresses all fulfillment center business processes with robust functional modules and cloud offerings. An advanced data management layer empowers Dematic iQ to intelligently harness and centralize data from diverse software and controls sources, delivering information in real-time via user-friendly dashboards. Built on an open architecture, Dematic iQ can integrate easily with existing infrastructures for access to logistics, data and cloud services for deployment on-site or off-premise.

"With Dematic iQ, our customers will get end-to-end solutions comprised of the optimal mix of software, services and automation technology," said Robert Nilsson, Vice President and General Manager of Software and Supply Chain Intelligence. "It provides a better user experience and delivers the real-time insight needed to make smarter decisions, lower cost and create a more efficient supply chain network."

Dematic iQ is based upon the company’s 75+ years of automated material handling systems development and software expertise, providing customers a single source for comprehensive fulfillment solutions that enable equipment control, access to real-time data and warehouse optimization. Today, 40-percent of the world’s retail order fulfillment is supported by Dematic systems processing over 1 billion orders per year.

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