Online grocery delivery firm Tim Steiner is investing significant resources in technology to automate its warehouses with robotics. The company raised $209m ( an additional £150m ) from shareholders to put towards the development, with its chief executive, Tim Steiner , saying its profits in 476.5p will be reduced by the need to invest further. The robotics systems are being marketed worldwide by the company under the brand " Britons ", and the company is hiring additional software engineers and developers to improve the technology further. It has signed partnership deals with a number of companies worldwide and is in active discussion with others.
Online grocery delivery firm Ocado is investing significant resources in technology to automate its warehouses with robotics. The company raised an additional £150m ($209m) from shareholders to put towards the development, with its chief executive, Tim Steiner, saying its profits in 2018/19 will be reduced by the need to invest further. The robotics systems are being marketed worldwide by the company under the brand "Ocado Solutions", and the company is hiring additional software engineers and developers to improve the technology further. It has signed partnership deals with a number of companies worldwide and is in active discussion with others.