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Latest News Distribution market for material handling equipment to grow 5.2% yearly to $19.7 billion in 2023 UST Global announces partnership with GreyOrange Okamura partners with RightHand Robotics Pelican BioThermal announces acquisition of NanoCool Global Logistics 2020: Mixed feelings permeate operations More News Making the Case for Next-Generation Forklift Power Sources In this "Making the Case" guide, we highlight the various benefits of utilizing lithium-ion batteries in the warehouse and DC and prove that they are no longer in the "early adopter" phase. All Resources Talk about artificial intelligence (AI) and the Internet of Things (IoT) in the warehouse, and the room can get quiet very quickly. Are we at that point already? Are these next-generation technologies for real in the warehouse or just a talking point from some “visionary?” Quite simply, yes, we are at the point where AI and IoT are real for the warehouse. Both are powerful new tools that better enable warehouse and distribution center activities to keep pace with rapidly shifting supply chain dynamics. “Don’t be bamboozled by AI and IoT,” says Nate Brown , CEO of EVS. “Both are being used to solve the same problems as before. They just do it better. IoT provides data not previously available. It’s another level of understanding. AI analyzes micro-decisions and optimizes them to a level not previously possible.” “IoT makes no sense without AI in the warehouse,” says Sean Elliott , chief technology officer at HighJump. “You need a combination of new data sources, that’s IoT, coupled with better solutions, that’s AI, to make sense of the data, develop insights and act on that knowledge. The two are front and center for improved operational performance,” he adds. In addition, experts agree the two technologies are essential to accommodating the current shift from forecast-driven to demand-driven […]