Member Info for Canary3

Sorry

If you click on sign me up it takes you through to a ‘proper test site”

Its a bit weird

Also Vivek said a few months ago that , that they were thinking/discussing the possibility of clients sharing the back end and having separate front ends , to help save costs.

Through the Burton bloke I should add

You can click through to Coggles from it?

Very odd

That was Yen of course

I read they lost 7 trillion in 6 months, ( they had made that TBF in the past) and so they were forced sellers

This software is propriety software and its tried and tested and proven in a live environment, thats just great IMO

I am not sure what they mean by Embedded, but to me that says it comes as package if you want PAYG

They wouldn’t be doing this if there isn’t a very tangible demand.

S1001

I have to say thats my thought, the THG systems that are current must be the backbone of whats offered.

I would be very happy if Boots is correct.

I wonder what Librium will make of the Autostore partnership ...they will be wanting to get ahead of any deals coming through, wouldn’t be surprised to see them get more positive.

Thanks Oke

i have to say my thinking was that the existing platform and software would be the main part of the offering.

IMO there will be no whales coming anytime soon, if they have to build a new platform / system.

That will take a long time to do, unless i am still misunderstanding.

I

Hi Oke what i was think of writing isn’t that helpful, instead i though i would set out what i think is the platform and how it works, and see what you and other think.

So in my head an IT platform is the hardware and software that allows the business to run software applications that in turn run the business.

Applying that THG and then autostsore. My picture is,

THG will have a bunch of servers that host databases that store all the information collected in day to business transactions , and that is driven by an operating system such as Linux or something similar.

That OS allows THG to develop and run their applications such as Voyager , Orbit, Checkout , detect and so so on, and this will include the application that drive the Autostore robots. This all hosted in the THG cloud so providing a SaaS to the THG business.

It also incudes integrating the web front end and so it is a complete set of applications that drive the entire business, all applications are created by THG.

There will be applications/ programmes that produce all the management information that is required to guide/run the business.

So in the Autostore partnership they are offering to client of Autostore the ability to use the software developed for the THG business , probably as a cloud based service.

It means that the clients have a single company managing their AutoStore automation, rather than the current arrangement of three providers .

So in my head, the platform and the applications that are used in THG already exist and are being used successfully so are tried and tested and don't need to be developed.

There may be issues around Scaling up and onboarding new customer that will involve additional expditure as well as the normal ongoing maintenance and upgrading that occurs as the business develops.

So it's all ready to go.

Hi Oke, you post a lot about 80 million is required to fund the Platform.

I don't understand what that actually means in concrete terms, IE what exactly is a SAS platform.

On Sunday I will do a post for you to have look at about SAS that i was involved with, it was 15/20 years ago but i think the basic building blocks will be similar today. Albeit much more efficient and easier to build.

I wouldn’t mind if you critique it and help me understand what you are meaning.

I can't do it till Sunday as i want to have a think about it

Is that OK with you?

Eventually all Autostore existing clients will use THG integrated software unless the existing providers can produce a similar or better integrated system.

It ’s not just cost or efficiency (which of course matter), it reduces risk having one integrated system especially around new developments and system upgrades. For IT directors that is worth loads.

In fact I wouldn’t be surprised if Autostore weren’t looking to raise a few billion and trying to nick THG in its entirety.

Also IMO this new partnership and capability puts value on Ingenuity.

Autostore clients pay right now for the other software systems to run their warehouses and robots, that cost or part of the cost can now be attributed to THG ingenuity, one or two wins and the floodgates open

Autostore might want to keep all those fees that will go to ingenuity, thats why IMO they might want to buy THG

i think this is very good news indeed, and when JG posted it this AM i bough quite a few more.

They get a fee for every item picked as long a she customer has the integrated THG software with the Autostore Hardware.

the more of Autostore customers and partners that use it the better for THG Its not meant to be exclusive.

Th exclusive bit would be if another company comes along with an alternative solution for the plug and play and that competes with the THG plug and play.

This is excellent, the more the merrier.

NB Wincanton might be in the running to compete LOL

Under the AutoStore x THG Ingenuity global distribution partnership, customers buying their robot systems will now be offered one simple “plug and play” solution. AutoStore provide the robots, THG provides the software, and it’s all handled under the new Autostore pay-per-pick model banner.

THG is paid a fee for each product picked by the AutoStore robots using the solution. So we will be hoping that, one day, billions of products are picked across the world each week using AutoStore x THG Ingenuity technology robots!

That is very clear, this is a triumph IMO.

This is Plug and play and is built and ready to go..

@ Oke has been incorrect and MM was not Lying.

This is just fantastic thanks for posting.

Is the Software as a Service solution?

What do you think @Oke ?

To me it looks suspiciously like one and for Autostore..

Or is it the one that raised 200 million for' various opportunities' and then bought the remainder of Pretty little thing 2 years early from his son with that cash.

LOL go all in on it Licker and Smart pee much better over there than in here with TGL, MM, New Finance Director, Vivek driving ingenuity forward and Kelso trying to mug a few million

I looked at Autostore client base this morning very impressive, reading through the press release it seems that THG ingenuity is classified as a partner.

This is JG statement.

“AutoStore is already well-known to THG. Thus, we are very excited that THG Ingenuity now has the opportunity to step up as a partner to make the benefits of order-fulfillment automation easily accessible to our growing customer base and potential new markets, across a broad range of categories,” says John Gallemore, Executive Director and Chief Operating Officer at THG.

This is a new approach from Autostore and i am sure they looked across their full range of opportunities they have for first implementation , they chose THG.

This is what the Autostore spokesperson said,

'“We are delighted to welcome THG Ingenuity to further enhance our partner network,” says Vikse.

IMO THG are still full steam ahead in this area and again IMO Autostore wouldn’t chose first implementation with THG if they think Ingenuity is very poor.

It reads to me as a deepening of the Ingenuity and Autostore partnership.

OF course THG may be their only option. and my conclusions are way off.

It's really just Wincanton (without the Lorries), this Autostore thing is just more Puff, its really very easy to do and many others do it.

First partner on a pay to pick.. its nothing special.

Another 100 million on what, we still need to build for SAS,

Close it down and shrink to Nutrition.

We on this BB know more than all the people employed at THG..

I tell you it's just rubbish.

MM is taking this private at a penny in the pound..

Juts finished dinner with some decent chianti, no liver or Fava beans though..

Canary fat and happy and singing away...

THG was a blip in the scale of the losses, in the vision funds of SoftBank.

They were selling anything they could to get cash including a big part of their Ali baba investment..

Forced sellers of a gigantic scale.

yep agreed good for him.

50k to get an apology for a completely untrue story, THG would be spending millions if they challenged everything..

Keeping quiet is by far the best thing.