Formic Technologies
Formic Technologies offers flexible robotic automation solutions through a Robotics-as-a-Service model, specializing in palletizing and packing for industries like food, chemical, and consumer packaged goods.
Services
Formic Technologies offers a range of advanced automation services designed to optimize production processes. These services include a Robotics-as-a-Service (RaaS) model with no upfront capital expenditure. The company specializes in robotic palletizing and packing goods, offering flexible pay-by-the-hour pricing. Formic Technologies also includes 24/7 monitoring, 100% maintenance, and performance guarantees backed by service level agreements. Clients benefit from AI-based monitoring and remote support, ensuring system uptime. The company provides a real-time dashboard and mobile app for operational metrics and equipment monitoring.
Industries Served
Formic Technologies targets a variety of sectors including the food, chemical, and consumer packaged goods (CPG) industries. The company's automation solutions are specifically designed to address the unique challenges faced by these industries, enhancing efficiency and productivity. Formic Technologies has deployed systems across various sectors, highlighting their versatile application and efficacy in different operational environments.
Robotic Solutions
Formic Technologies offers several robotic solutions tailored to specific tasks. Their range includes the Formic Stack system for palletizing and the Formic Pack system for packaging. These solutions are part of a larger portfolio that provides clients with advanced automation capabilities. The company's flexible OpEx contracts allow for adaptability in response to changing client needs, ensuring long-term satisfaction and efficiency.
Client Support
Formic Technologies prioritizes client support through a dedicated automation success team assigned to each project. The company guarantees a seamless deployment process, completing setups in as little as 4 weeks. They also provide a free 3D simulation to demonstrate potential automation layouts and offer comprehensive guides on getting started with robotic automation. Clients have access to a real-time dashboard and mobile app to monitor equipment and operational metrics.
Company History and Achievements
Formic Technologies has an impressive track record, having deployed over 500 systems and partnered with more than 100 system integrators for over 5,000 deployments. This extensive experience underscores the company's reliability and expertise in industrial automation. Additionally, Formic Technologies is backed by investors with $10 billion under management, further solidifying their financial stability and growth potential. Historically, the company has achieved 99% uptime across its fleet of robotic systems, reflecting their commitment to maintaining high performance standards.