EQS-News: KION presents AI Control Tower at GTC in San José, California
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EQS-News: KION GROUP AG
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Werbung Werbung KION presents AI Control Tower at GTC in San José, California
Frankfurt am Main/San José, March 19, 2025 – The KION Group is showcasing the application of physical AI to its new Solution Center at the GTC 2025 AI conference in San José, California, 17-21 March. As part of its large-scale collaboration with NVIDIA and Accenture, KION's subsidiary Dematic is demonstrating its “AI Control Tower”, which is represented in a digital twin built with NVIDIA Omniverse technologies and the Mega Omniverse Blueprint. Werbung Werbung The Digital Twin replicates the physical equipment within Dematic’s Solution Center, and will be deployed alongside Dematic’s Control Tower components, providing deep-insight analytics of complex inter-process dynamics. Together these technologies allow the real-time controlling logic for material and order flow scenarios to be explored within a virtualized environment. The goal is to transform supply chain operations by improving efficiency, adaptability, and cost effectiveness. At GTC, visitors will be able to see the interactive dashboard in action, using Dematic's Grand Rapids Solution Center and its Digital Twin as the model. Accenture developed both the Omniverse representation of Dematic’s Digital Twin and the interactive dashboard. “Our Digital Twin serves as the single source of truth for understanding and improving complex supply chain solutions – before, during and after installation”, said Rob Smith, CEO of KION GROUP AG. “Together with NVIDIA technology, our solution will allow our customers to use the power of physical AI to save huge amounts of time, capex and operating cost and gives them the ability to constantly adapt their operations to the changing conditions in their supply chains.” Werbung Werbung Digital Conceptualization of a Solution Design The Digital Twin will enable Dematic's project teams to validate controls and software prior to on-site installation, significantly accelerating the go-live and ramp-up phases. Customers will be able to conceptualize the physical layouts and dynamic material flows of a solution design before it is built. After construction, operators can run an infinite number of scenarios on the Digital Twin of their site to explore planned or actual changes in their business profile, including seasonal variations. As announced in January, KION, NVIDIA, and Accenture collaborate to leverage physical AI with intelligent stationary cameras and autonomous forklifts, and the latest automation and robotics solutions to create highly realistic digital twins with NVIDIA Omniverse. This will enable customers to digitally map every asset in their warehouse in real time – from manual forklifts and autonomous vehicles to the exact location of goods. Combined with the ability to run an infinite number of scenarios, this will help customers define ideal layouts for new warehouses and improve warehouse management by predicting peak loads, ensuring worker safety, and more effectively planning the use of resources. Last week, March 11-13, at LogiMAT in Stuttgart, Germany, KION subsidiary Linde Material Handling introduced its first physical AI-powered solution, built with NVIDIA Omniverse and the Mega blueprint, to optimize vehicle coordination and route planning at scale, with AI-powered trucks capturing and processing live operational data inside a digital twin.
The Company The KION Group is one of the world’s leading providers of industrial trucks and supply chain solutions. Its full spectrum of services includes industrial trucks, such as forklift trucks and warehouse trucks, as well as integrated automation technologies and software solutions for the optimization of supply chains—including all related services. The KION Group’s solutions ensure the smooth flow of materials and information in customers’ warehouses, production plants, and distribution centers in over 100 countries. The MDAX listed group is the largest manufacturer of industrial trucks in the EMEA region based on the number of units sold in 2023. Based on revenue for the year 2023, the KION Group is the leading overseas manufacturer in China, and including domestic manufacturers, the third-largest supplier there. The KION Group is also one of the world’s leading warehouse automation providers, based on 2023 revenue. At the end of 2024, more than 1.9 million industrial trucks of the KION Group were in use by customers from all manner of sectors and of varying sizes on six continents. The group currently has more than 42,000 employees and generated revenue of approx. € 11.5 billion in the 2024 financial year. You can access up-to-date image material for the KION Group via our image database https://kion-mediacenter.canto.global/v/MediaCenter/ as well as on our respective brands’ websites. (dl) Disclaimer This release and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction. This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ significantly from the results that are currently expected due to various risk factors and uncertainties such as changes in economic or industry-specific conditions, changes in the market environment or political situation, changes in domestic or international legislation, interest rate or exchange rate fluctuations, legal disputes and investigations, and the availability of financial resources. We do not assume any responsibility for updating the forward-looking statements in this release.
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Further Information for Investors
Website: www.kiongroup.com/media Follow us on: LinkedIn | Instagram | Facebook | WeChat | TikTok | YouTube Additional features: File: GTC File: 1903_KION GROUP AG Press Release GTC
19.03.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
Language: | English |
Company: | KION GROUP AG |
Thea-Rasche-Straße 8 | |
60549 Frankfurt/Main | |
Germany | |
Phone: | +49 69 20110-0 |
E-mail: | info@kiongroup.com |
Internet: | www.kiongroup.com |
ISIN: | DE000KGX8881 |
WKN: | KGX888 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 2102754 |
End of News | EQS News Service |
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2102754 19.03.2025 CET/CEST
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Datum | Rating | Analyst | |
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17.03.2025 | KION GROUP Overweight | Barclays Capital | |
13.03.2025 | KION GROUP Buy | Jefferies & Company Inc. | |
06.03.2025 | KION GROUP Overweight | JP Morgan Chase & Co. | |
05.03.2025 | KION GROUP Hold | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) | |
04.03.2025 | KION GROUP Buy | Warburg Research |
Datum | Rating | Analyst | |
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17.03.2025 | KION GROUP Overweight | Barclays Capital | |
13.03.2025 | KION GROUP Buy | Jefferies & Company Inc. | |
06.03.2025 | KION GROUP Overweight | JP Morgan Chase & Co. | |
04.03.2025 | KION GROUP Buy | Warburg Research | |
03.03.2025 | KION GROUP Outperform | Bernstein Research |
Datum | Rating | Analyst | |
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05.03.2025 | KION GROUP Hold | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) | |
07.02.2025 | KION GROUP Hold | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) | |
04.12.2024 | KION GROUP Equal Weight | Barclays Capital | |
04.12.2024 | KION GROUP Hold | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) | |
12.11.2024 | KION GROUP Hold | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) |
Datum | Rating | Analyst | |
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29.02.2024 | KION GROUP Underperform | Bernstein Research | |
23.01.2024 | KION GROUP Underperform | Bernstein Research | |
09.01.2024 | KION GROUP Underperform | Bernstein Research | |
09.01.2024 | KION GROUP Underperform | Bernstein Research | |
04.01.2024 | KION GROUP Underperform | Bernstein Research |
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