While companies like Amazon and Google are racing to develop advanced warehouse robots, a small German company believes it has an advantage that these companies don't: Their robots can see. Magazino, established in 2014 and currently backed by Siemens, has created a warehouse robot with advanced computer vision called TORU that can accurately identify and pick items off a shelf, "store them in their little back pack, and bring them to a sorting machine," said Frederick Brantner, CEO and cofounder of the company. Go with TechRepublic's Steve Ranger on an inside look at the gold-plated gadget market that's received a big boost from Apple. At the moment, most warehouse robots, like Amazon's Kiva, can move entire pallets or shelves, but don't have cameras. "They only drive to a fixed point," said Brantner.