Frost & Sullivan honors ForwardX with the 2021 Asia-Pacific AI-powered AMR Technology Innovation Leadership Award.

BEIJING, CHINA – ForwardX Robotics, a Beijing-based developer of autonomous mobile robots (AMRs) for warehousing and manufacturing environments, has been awarded the 2021 Asia-Pacific AI-powered AMR Technology Innovation Leadership Award by Frost & Sullivan. Announced at the beginning of December, the global growth strategy consulting and research firm, Frost & Sullivan, honored 16 disruptive organizations as part of its annual Best Practices Awards program. The final Frost & Sullivan Virtual Award Ceremony was broadcasted live at 5:00AM EST on December 16, 2021.

“To receive this award is a great honor for our company. The team we have built thrives on facing new challenges, and we believe that we have come up with new and unique solutions for our customers,” says ForwardX’s Founder and CEO, Nicolas Chee. “It’s one thing to believe in your own company, it’s quite another to have your company validated and recognized for its work. Innovation is at the heart of moving forward, and through innovative solutions our main focus is to create meaningful products that help customers adapt and flourish within their industries.”

ForwardX Robotics utilizes its team of renowned and accomplished individuals to set the stage for the company’s culture and create its unique products and solutions setting ForwardX apart from competitors. While others have been unsuccessful at, or uninterested in, heavy payload material movement, software development, or the utilization of AI and computer vision, the team at ForwardX has expertly addressed these challenges. The combination of ForwardX’s f(x) Fleet Manager and its wide range of AMRs give the company the ability to meet the needs of a much wider market.

Ruman Ahmed, Best Practices Research Analyst at Frost & Sullivan, stated, “The company’s AMRs efficiently determine an optimized navigational path and perform tasks with high reliability and consistency. ForwardX Robotics proved the foresight of its bet on AMRs by digitally transforming the customer journey using its capabilities and high-end technology. The company’s distinctive software systems and comprehensive platform orchestrate the AMRs like the brain operating the body.”

“The technology offers robots the ability to autonomously learn and adapt to the environment, workers, and operations. Frost & Sullivan notes that ForwardX Cortex enhances the robots’ performances by capturing information, analyzing the surroundings, and devising the most outstanding strategy,” said Doraiswamy Bharath Sunderraj, Industry Analyst Tech Vision at Frost & Sullivan.

Frost & Sullivan’s Technology Innovation Leadership Award acknowledges the company offering the best technology for customer prosperity while generating business value. To be considered for the award, an organization must meet and exceed strict criteria. In this case, the technology leverage and business impact of the organization were scrutinized in detail. On the technology side, analysts looked at commitment to innovation, commitment to creativity, stage gate efficiency, commercialization success, and application diversity. On the business side, financial performance, customer acquisition, operational efficiency, growth potential, and human capital were carefully examined.

“Given how challenging the past 2 years have been, what our awardees have achieved is nothing short of incredible. We look forward to celebrating your success and hearing your inspirational stories,” said Senior Vice President at Frost & Sullivan, Sapan Agarwal.

About ForwardX Robotics
ForwardX Robotics is a global technology leader in the fields of AI and Robotics. Through its flexible automation platform comprising of intelligent mobile robots and AI-enabled software, ForwardX delivers material handling solutions for warehousing and manufacturing facilities that offer better performance at better value. The company is comprised of over 300 members hailing from top universities and leading enterprises around the world. As shown by the 200+ patents pending and its award-winning research work, such as 2 1st-Place Prizes at TRECVID and the 1st-Place Prize at IEEE’s VOT-RT, ForwardX’s team boasts some of the world’s top computer vision scientists and robotics experts. For more information, visit forwardx.com.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact Frost & Sullivan: Start the discussion.