2020 started with a record backlog and high levels of optimism for a great year ahead, only to be hit with the challenges of COVID-19! Our customers, for the most part, shut down in January through March. The U.S. experienced a record unemployment rate and we all experienced what I can only describe as, a few weeks of chaos.
Companies stopped paying bills, many filed Chapter 11 bankruptcy, and a number of projects were cancelled or put on hold.
The silver lining? Many of our clients experienced double-digit growth in E-commerce and direct-to-consumer fulfilment activities. Internationally, our systems have helped businesses like Dimerc in Chile, be able to fulfill essential orders and help the local governments get food and essential supplies out to people in quarantining at home.
We weathered a significant storm while continuing to support our clients by implementing safe working procedures at our manufacturing plants and at customer field installations.
We are working on exciting installations at Maersk, lululemon and Dillard’s, which include technologies like:
In May, CNBC did a great piece on automation during COVID-19, where they reached out to us as their expert source. We look forward to helping businesses as they weather through all these changes.
Stay safe and healthy!
Krish Nathan – CEO