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Element Logic is granted funding to fuel innovation

We are thrilled to announce that we have been granted funding from the Research Council of Norway for an innovation project with focus on self-managed warehousing. This milestone is in line with the strategic focus on technology, the ambition to establish software as a competitive advantage in the industry, and the vision to revolutionize warehousing worldwide.

Out of a total of 335 applications, Element Logic’s project was selected as one of 103 chosen for funding. The Research Council of Norway has granted 1.4 million Euros over a four-year period to support this groundbreaking initiative.

“Self-Managed Warehouses are poised to transform the way businesses manage their warehouses. Element Logic’s involvement in this project will bring us one step closer to realizing our vision of reshaping the warehousing landscape worldwide,” says Head of Data Science at Element Logic, Lukas Bach.

Key components of the project include the development of a digital twin, optimization algorithms, and AI-based prediction and forecasting tools. Collaborating closely with SINTEF, one of Europe’s largest independent research organizations, Element Logic aims to combine expertise in intralogistics and cutting-edge technology to create solutions that will define the future of warehousing.

Logo of The Research Council of Norway

This collaborative effort with SINTEF is expected to continue until 2027, allowing for in-depth research and the refinement of the innovative concept. The synergy between Element Logic and SINTEF will undoubtedly contribute to pushing the boundaries of innovation within the warehousing and intralogistics sector.

“Element Logic remains dedicated to pioneering advancements in the field of intralogistics, and the partnership with the Research Council of Norway and SINTEF is a testament to our commitment that will redefine the industry’s future,” says Bach.

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