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MHI turns to Penguin Solutions, Inc. edge platform to power automated picking system
Penguin Solutions, Inc. has deployed its Stratus ztC Edge platform to support MHI Group in addressing labor shortages and logistics inefficiencies.
According to the company, the platform provides the robust stability required to operate MHI’s ΣSynX automated picking system, ensuring uninterrupted real-time data flow from the edge. This collaboration aims to enhance efficiency and automation within warehouse and logistics operations. Details are being clarified.
Penguin Solutions recently reported a 31.2 percent non-GAAP gross margin in Q2 and raised its second-half outlook, exceeding expectations in the latest financial period, according to company disclosures. The firm also announced an upcoming earnings call and webcast set for April 1 to provide updates on financial results and AI capabilities, as detailed in an earlier statement. These developments come as the company expands its role in industrial automation solutions.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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