Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced a strategic partnership with Plug and Play, a global startup ecosystem and venture fund specializing in the development of early-to-growth stage technology startups in the Supply Chain and Logistics vertical.
Prologis will provide mentorship and space in its logistics real estate properties to a select group of startups in the Plug and Play accelerator program to pilot new technologies. Prologis joins DHL, Maersk, Panasonic, Hitachi, Mann+Hummel, CMA CGA, Daimler, Deutsche Bahn, Swiss Post, BASF, Union Pacific Railroad and Ericsson as partners with Plug and Play.
“Prologis will collaborate with startups and industry leaders—many of which are Prologis customers—to develop the next generation of supply chain technology,” said William O’Donnell, Senior Vice President, Prologis. “With our continued focus on streamlining operations to better serve our customers, we’re making strides in driving the future of logistics facilities. This is reflective in our leading-edge building features such as solar and lighting installations, and new building designs such as multistory facilities. We look forward to exploring and integrating a range of new capabilities, including advanced analytics, IoT and other innovations within the supply chain.”
“Plug and Play launched this new initiative to find new technologies for the supply chain. This is one of the greatest opportunities for corporations to innovate and transform the future of the industry,” said Saeed Amidi, Founder and CEO of Plug and Play. “We’re excited to have Prologis join the program and to further support their innovation strategy.” www.prologis.com