Abstract
This case describes how Shanghai Quicktron Intelligent Technology Co., Ltd. ("Quicktron"), a tech startup with a vision of reinventing itself as China's Kiva, broke into mobile robotics at a time when the business had not garnered much attention from investors; went through strategic transformations to overcome the lack of systematic knowledge, manpower, and material and financial resources; and finally evolved into a leading mobile robotics provider in China, under the leadership of the founder Yang Wei. Against the backdrop of the rise of industrial artificial intelligence (AI) and rising labor costs, more and more factories and warehouses began to use robots to carry loads and pick and sort parcels. Quicktron was among the first Chinese companies to venture into mobile robotics, profiting from the first-mover advantage. Also, it innovated its technology and products constantly, as evidenced by its first-generation product automated guided vehicles (AGVs) and third-generation product autonomous mobile robots (AMRs). But as competition got more intense, how could Quicktron manage to meet the needs of clients from different industries and of different sizes so as to sustain its rapid growth and market leadership?
Translated title of the contribution | Quicktron: Evolving into a Global AMR Unicorn |
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Original language | Chinese (Simplified) |
Number of pages | 15 |
Publication status | Published - 1 Jun 2023 |
Case number
ENT-23-037Case normative number
ENT-23-037-CCCase type
Field CaseUpdate date
31/05/2023Supplement
For more details, please visit www.chinacases.orgPublished by
China Europe International Business SchoolKeywords
- tech start-up
- industrial artificial intelligence (AI)
- mobile robot
- automated guided vehicle (AGV)
- autonomous mobile robot (AMR)
Case studies discipline
- Entrepreneurship
- Strategy
Case studies industry
- Professional, Scientific, and Technical Services
- Transportation and Warehousing