Ocado Group Investor Relations Material

Ocado, headquartered in Hatfield, United Kingdom, is one of the pioneers in the world of online grocery retailing. Established in 2000 by three former Goldman Sachs employees, Ocado has reimagined the way people shop for groceries. With its groundbreaking technology, Ocado has risen to become a leader in online grocery retailing, serving customers across the UK and beyond.

The most innovative part of Ocado's operation is its robotic warehouse systems. These state-of-the-art systems use a fleet of robots to pick up and pack groceries in an efficient and accurate manner. The robots operate on a three-dimensional grid system, known as "The Hive", allowing them to move in any direction to retrieve items. They are capable of managing a vast range of different products while operating at remarkable speed and precision, and significantly reducing the time required to pack groceries for delivery and shipping.

This technology has not only revolutionized Ocado's own operations but it's also being licensed to other retailers around the world. The Ocado Smart Platform (OSP) is an end-to-end system that combines hardware and software solutions. It offers other businesses a comprehensive method for digitizing their grocery operations, marking Ocado's transition from a pure e-grocery to a technology provider as well. Ocado's unique selling proposition is its technology. By investing heavily in its warehouse automation and advanced systems, Ocado has managed to stay ahead of many competitors and has set new standards for efficiency and speed in the grocery industry.

Despite being a relatively young company, Ocado has secured a strong position within the online grocery and retail industry, especially in the UK market. It operates a successful partnership model with well-known chains like Marks & Spencer in the UK, ICA in Sweden, and Kroger in the US. Through these partnerships, Ocado combines its technological expertise with the established customer base and brand power of traditional grocers, creating a formidable force in the online grocery sector.