Megvii partners with Storefriendly for automated warehouse solution with biometric authentication
Megvii has launched a warehouse automation solution with facial biometrics and smart logistics capabilities that it claims can improve space utilization by up to 75 percent, in partnership with self-service storage operator Storefriendly.
The unstaffed solution has been deployed in Singapore, where Megvii’s proprietary technology and logistics tools provide convenient, secure, and reliable self-storage, according to the announcement. The combined solution is intended to optimize warehouse space and address demand for flexible storage options in densely populated areas and commercial hubs.
The Storefriendly solution has now been in operation for over a year, with testing showing it to be effective. Megvii provides smart logistics platform HETU, facial authentication with its FaceID, logistics robots, and digital locking. The company also customized a cloud-based system for Storefriendly to allow managers to effectively oversee warehouse processes. These features include real-time optimal path planning for logistics robots, inventory retrieval, and resource allocation.
“We are excited to help Storefriendly deploy a warehouse storage solution that leverages the power of smart logistics to strengthen operational efficiency and further enhance the customer experience,” comments Xu Qingcai, general manager of Megvii Logistic Business Group. “This partnership underscores how our technology can solve tangible real-life problems and pain points encountered by businesses across the globe.”
User authentication and access control are powered by facial recognition, and the solution also provides real-time alerts for various emergencies, such as security breaches, fire or theft.
The solution not only improves space utilization by 75 percent, but requires only 20 percent of the usual investment in labor.
Marco Yip, head of Sales and Marketing at Storefriendly, says, “This new 24/7 unmanned warehouse storage solution has played a pivotal role in optimizing cost, streamlining operational processes, and efficiently allocating resources across our warehouses. Leveraging Megvii’s proprietary technologies and capabilities, we will continue to focus on serving our customers across Singapore and providing them with an array of flexible, convenient storage options.”
Despite restrictions placed on the company by the U.S. government, Megvii is reported to have continued successfully winning foreign contracts, and may be considering a 2021 IPO on the Shanghai Stars exchange.
Cyberlink CEO Dr. Jau Huang recently wrote about the potential for biometrics and computer vision to help keep human warehouse workers safe.