Outrider Recognized by Gartner in the "Cool Vendors in Supply Chain Execution Technologies" Report
Outrider automates distribution yard operations, enables resilient supply chain.
DENVER, Oct. 20, 2020 /PRNewswire-PRWeb/ -- Outrider, the pioneer in autonomous yard operations for logistics hubs, today announced that it has been named a 2020 "Cool Vendor in Supply Chain Execution Technologies" by the world's leading research and advisory firm, Gartner Inc. According to Gartner, "When considering vendors for this research, we looked for those with solutions that could help supply chain execution organizations target digital investment in the areas that can improve productivity in difficult economic times and do so with tangible returns on investment."
Distribution yard operations are necessary for transitioning goods between the road and the warehouse. Today's yards are run much like they have been for decades with repetitive, manual tasks performed in hazardous working conditions. Disruptions caused by COVID-19 have highlighted the need for automated distribution yard technology to improve supply chain resiliency.
"The pandemic highlighted that we must deploy more dependable, predictable, and sustainable ways to move goods around the globe," said Andrew Smith, Founder and CEO of Outrider. "In our opinion, the Cool Vendor recognition is a testament to Outrider's impact on the industry to increase the efficiency, safety, and sustainability of yard operations while contributing to overall supply chain resilience."
According to the report, "Supply chain execution organizations are notoriously vulnerable to business disruptions and economic slowdowns. While supply chain execution and logistics organizations are on the front line and critical to fulfilling customer demand, they are highly dependent on the effective performance of both human and physical assets. Under normal circumstances, logistics organizations are perceived as high-functioning, 'well-oiled machines.' However, supply chain execution is highly susceptible to disruptions, and at the same time, it is also often the first to feel extreme pressure to concentrate on increasing productivity to address cost reduction ambitions."
Outrider is first-to-market with a three-part, integrated system, which includes management software, autonomous vehicles, and site infrastructure. The system enables customers to move trailers to and from loading docks and parking spots, hitch and unhitch trailers, robotically connect and disconnect trailer brake lines, track inventory of trailer locations, and centrally monitor and control all functions.
Outrider is exclusively focused on yard automation to move trailers full of freight efficiently and safely through distribution yards. Since its launch from stealth mode in early 2020, the Outrider team has grown to more than 110 employees, which includes a world-class engineering team.
Outrider's engineering team leads collectively have more than 100 years of hands-on experience in ground-vehicle automation and robotic material-handling development. Tech talent has roots at firms and institutions like Tesla, iRobot, Lockheed Martin, Amazon, Aptiv, University of Pennsylvania, Princeton, Carnegie-Mellon, Duke University, Northwestern University, and Purdue University.
The full Gartner 2020 "Cool Vendors in Supply Chain Execution Technologies" report by Dwight Klappich, Bart De Muynck, Carly West, Simon Tunstall, September 30, 2020, is available to Gartner subscribers here.
Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Outrider™
Outrider, the pioneer in autonomous yard operations for logistics hubs, helps large enterprises improve safety and increase efficiency. The only company exclusively focused on automating all aspects of yard operations, Outrider eliminates manual tasks that are hazardous and repetitive. Outrider's mission is to drive the rapid adoption of sustainable freight transportation by deploying zero-emission systems. Outrider is a private company backed by NEA, 8VC, and other top-tier investors. For more information, visit http://www.outrider.ai
SOURCE Outrider
Share this article