- The Middle East and North African region’s first-ever unique robotic fulfillment center IQ Fulfillment has been opened in Dubai for promoting e-commerce boom.
- Launched with the support of IQ Holding, in supporting the supply chain and logistics industry, is backed with a complete back-end solution utilizing the latest in robotics, AI, and software platforms.
This robotic technology utilization proves its mettle at the center by supporting in processing 12,000 robotic orders daily and delivering 99.99 percent accuracy rate, which is more than three times that of the average individual’s output.
These robotic technology’s core features include robotic picking, end to end track & trace, intelligence storage, package protection, gift wrapping, and seasonal packing.
IQ Fulfillment also stated that with this technology it’s also beneficial for fulfilling the needs of small and medium enterprises, incubators, accelerators, and e-commerce players, thus, enabling them to swifter business growth and production process.
In the recent study as done by Dubai Economy and Visa, UAE stands tall in the entire MENA region as it boasts of the most advanced e-commerce market, wherein the net e-commerce transactions is all set to breach AED59 billion this year and to grow 23 percent per year to 2022.
According to the words as stated in by Fadi Amoudi, founder and CEO of IQ Fulfillment, “IQ Fulfillment is a company that carves a niche within the region and as well as entirely focusses its vision on bolstering MENA region in building a suitable e-commerce ecosystem.”
UAE at this juncture is at the forefront of driving digital technologies and for supporting SME’s in achieving complete transformational growth. Thus, it represents a robust growth environment for an excellent innovative tech-company like IQ Fullfillment.
The presence of a robust digital infrastructure and government’s strong support in the form of digitalized economy 2031, makes Dubai and UAE be the favourite for pioneering this initiative as well as focus the leadership to drive digital transformation through forwarding looking technology, innovative, and unique platforms.
“With the city getting all set to host Expo 2020, they can analyse and view the opening of IQ Fulfillment as meeting a need in the market to support SMEs and other enterprises to build their digital technological firms most cost-effectively.” Mr. Amoudi also added that IQ Fulfillment would be able to support as well as address logistical challenges experienced by SMEs pertaining to the large number of orders during seasonal peaks that in turn can lead to being a great hindrance during that period.
