An Analytics, Data Science, and Process Automation Stock – Nanalyze

In a recent piece on hyperautomation, we talked about a success story where a professional services firm saved half a billion dollars by adopting robotic process automation (RPA). Thats the sort of exponential value thats an easy sell at the C-level. Companies that can manage to implement RPA successfully are now reaping big rewards.

Then, you have predictive analytics. The basic use case for any client is to take all the data theyre doing nothing with and then analyze it using machine learning algorithms. The resulting insights help guide an organization to make better decisions.

Today, were going to talk about a company thats melding RPA with predictive analytics, wrapping the whole thing up in a blanket of buzzwords, and selling it to more than 6,400 companies.

Gartners Magic Quadrants are helpful for identifying which companies are in the lead for any enterprise software niche. The 2020 Gartner Magic Quadrant for Data Science and Machine Learning Platforms lists out some familiar names.

No surprise to see IBM creeping across the challenger quadrant slowly in an attempt to enter the leaders quadrant and become relevant again. Already in the leaders quadrant is the company with the highest ability to execute, Alteryx (AYX).

Founded in 2011, Los Angeles based Alteryx took in $163 million in funding before having their initial public offering in March 2017. The IPO priced at $14 and today sits at $121.38 per share for a gain of +683% versus a Nasdaq return of +90% over the same time frame. Alteryx may be coming across peoples radars today because shares are down -28% in todays trading. Since past results are no indication of future performance, maybe todays dip represents an opportunity to add to or open a new position. First, lets look at what this $8 billion market cap company does.

The Alteryx marketing collateral is rife with so many buzzwords its difficult to see a clear picture of their value proposition. The document describing their core product drones on about the strategic imperative of digital transformation, before quoting a Gartner presentation titled Worlds Collide as Augmented Analytics Draws Analytics, BI and Data Science Together, which offers up the following pearls of wisdom:

The proliferation of augmented capabilities within analytics, business intelligence, and data science and machine learning products is making once distinct markets collide. The collision facilitates stronger, more complete and more effective links between data and analytic investments, practices, processes and key business outcomes.

Its difficult to see how anyone could keep a straight face while saying something like this to a room full of technically competent people. However, in a boardroom full of executives, just start talking about worlds colliding and youll see heads start to nod thoughtfully.

The end result of all these collisions of worlds is something Gartner refers to as augmented analytics. Its also what Alteryx calls analytics process automation (APA), and their target market is the 54 million disgruntled analysts who hate their jobs who want to be upskilled to be citizen data scientists.

We recently wrote about how robotic process automation (RPA) is now being upstaged by hyperautomation which involves lots of natural language processing so that we can talk to our digital robot co-workers. Then theres analytic process automation (APA), something that Alteryx assures us is unlike RPA because it contains three critical key pillars of digital transformation which are listed in the below diagram:

Using data to produce insights and automating processes to make things more efficient are pretty standard value propositions, but whats this about upskilling? It sounds a whole lot like training an entire organization on how to use an app, and then announcing to the Board that youre now ready to double down on your efforts because you invested in your citizens. In the meantime, half the people who attended the training have already forgotten about the tool, and a bunch of unused licenses sit around gathering dust. Thats why its important to monitor usage, and an increase in client spending can act as a proxy for increased usage. Its just one of many SaaS metrics Alteryx uses to monitor the health of their business.

Ark Invest recently published a paper on Software-as-aService (SaaS) which postulates that this decade may be the Golden Age for SaaS business models which constituted 25% of all enterprise software sales in 2019. For retail investors, a SaaS model provides easy-to-understand metrics for how a software business is growing.

Annualized run rate (ARR) is the amount of money that would be received in one year if nothing changes no new clients, prices stay the same, no up-sells, and no cancellations. At the end of Q2 2020, Alteryx had 6,714 customers representing annual recurring revenues of $430 million. This translates into an average $65,000 yearly spend on tools which are being sold using a land and expand business model (what others might know as the freemium model).

Once a new client is acquired, Alteryx can create some initial wins that will reverberate throughout the clients organization so that other departments adopt the product. When an existing client spends more money, this is measured by Alteryx in a metric called dollar-based net expansion rate. For example, the average client spent 26% more with Alteryx in 2019 compared to the year prior:

Above we can see strong annual revenue growth over the past four years, but that appears to be stalling based on the most recent quarterly results. Yesterdays revised guidance puts revenues for 2020 at $460-465 million which is being seen as a key reason for todays plummeting stock price. Heres the full guidance given for 2020:

Revenue is expected to be in the range of $460.0million to $465.0 million, an increase of 10% to 11% year-over-year. Annual recurring revenue is expected to be approximately $500.0 million as of December 31, 2020, an increase of over 30% year-over-year.

Seems unfair to complain about double-digit growth expectations given whats been happening in 2020, but apparently some analysts had much higher expectations for the company.

Even with revenue growth slowing, Alteryx offers a form of stability due to a yearly subscription model that will likely be renewed, provided the tool continues to generate value. Its one reason why SaaS companies are given a higher valuation by investors. ARK Invest lists several benefits of a SaaS business model as follows:

Once Alteryx has a client in their CRM system thats paying them money, it costs very little to cross-sell them more features and functionality based on their patterns of usage. With a nearly $1 billion war chest, Alteryx can also look to grow through acquisition. The recent dip represents a temporary growth setback. Says ARK Invest today:

In our view, during the pandemic customers prioritized customer-facing hardware and software solutions relative to business process automation, the latter of which will have to catch up over time.

Seems a bit counterintuitive as one would expect the demand for RPA solutions to accelerate in times of crisis as companies look to cut costs to increase earnings when revenues fall.

From an investors perspective, theres everything to like about the 90% gross margin, strong revenue growth, and breadth of customer base. We all know the market is behaving extremely unpredictably, and that revenue growth will be affected across the board for nearly all industries. The slowdown in growth for Alteryx seems to be expected and temporary.

Focusing on how many new customers you bring on each quarter is great for sales quotas but does little to describe customer retention or how youre able to up-sell existing clients. Paying attention to the dollar-based net expansion metric will make sure that theyre able to continue extracting net new revenues from their client base which translates into increased usage which helps further validate the value proposition for potential clients.

Despite what the pundits say, FAANG stocks (Facebook, Apple, Amazon, Netflix, Google) don't give you real exposure to AI. Read about 7 stocks that give you true pure-play exposure to AI in our guide to investing in AI healthcare companies, freely available to Nanalyze Premium subscribers.

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An Analytics, Data Science, and Process Automation Stock - Nanalyze

Edmund Phelps considers the effects of automation and artificial intelligence from the perspective of welfare economics – Interest.co.nz

The robots are no longer coming; they are here. The COVID-19 pandemic ishasteningthe spread of artificial intelligence (AI), but few have fully considered the short- and long-run consequences.

In thinking about AI, it is natural to start from the perspective ofwelfare economics productivity and distribution. What are the economic effects of robots that can replicate human labour? Such concerns are not new. In the nineteenth century, many feared that new mechanical and industrial innovations would replace workers. The same concerns are being echoed today.

Consider a model of a national economy in which labour performed by robots matches that performed by humans. The total volume of labour robotic and human will reflect the number of human workers,H, plus the number of robots,R. Here, the robots areadditive they add to the labour force rather than multiplying human productivity. To complete the model in the simplest way, suppose the economy has just one sector, and that aggregate output is produced by capital and total labour, human and robotic. This output provides for the countrys consumption, with the rest going toward investment, thus increasing the capital stock.

What is the initial economic impact when these additive robots arrive? Elementary economics shows that an increase in total labour relative to initial capital a drop in the capital-labour ratio causes wages to drop and profits to rise.

There are three points to add. First, the results would be magnified if the additive robots were created from refashioned capital goods. That would yield the same increase in total labour, with a commensurate reduction in the capital stock, but the drop in the wage rate and the increase in the rate of profit would be greater.

Second, nothing would change if we adopted the Austrian Schools two-sector framework in which labour produces the capital good and the capital good produces the consumer good. The arrival of robots still would decrease the capital-labour ratio, as it did in the one-sector scenario.

Third, there is a striking parallel between the models additive robots and newly arrived immigrants in their impact on native workers. By pushing down the capital-labour ratio, immigrants, too, initially cause wages to drop and profits to rise. But it should be noted that with the rate of profit elevated, the rate of investment will rise. Owing to the law of diminishing returns, that additional investment will drive down the profit rate until it has fallen back to normal. At this point, the capital-labour ratio will be back to where it was before the robots arrived, and the wage rate will be pulled back up.

To be sure, the general public tends to assume that robotisation (and automation generally) leads to a permanent disappearance of jobs, and thus to the immiseration of the working class. But such fears are exaggerated. The two models described above abstract from the familiar technological progress that drives up productivity and wages, making it reasonable to anticipate that the global economy will sustain some level of growth in labour productivity and compensation per worker.

True, sustained robotisation would leave wages on a lower path than they otherwise would have taken, which would create social and political problems. It may prove desirable, asBill Gatesoncesuggested, to levy taxes on income from robot labour, just as countries levy taxes on income from human labour. This idea deserves careful consideration. But fears of prolonged robotisation appear unrealistic. If robotic labour increased at a non-vanishing pace, it would run into limits of space, atmosphere, and so on.

Moreover, AI has brought not just additive robots but alsomultiplicative robotsthat enhance workers productivity. Some multiplicative robots enable people to work faster or more effectively (as in AI-assisted surgery), while others help people complete tasks they otherwise could not perform.

The arrival of multiplicative robots need not lead to a lengthy recession of aggregate employment and wages. Yet, like additive robots, they have their downsides. Many AI applications are not entirely safe. The obvious example is self-driving cars, which can (and have) run into pedestrians or other cars. But, of course, so do human drivers.

A society is not wrong, in principle, to deploy robots that are prone to occasional mistakes, just as we tolerate airplane pilots who are not perfect. We must judge costs and benefits. For efficiency, people ought to have the right to sue robots owners for damages. Inevitably, a society will feel uncomfortable with new methods that introduce uncertainty.

From the perspective of ethics, the interface with AI involves imperfect and asymmetric information. As Wendy Hall of the University of Southamptonsays, amplifying Nicholas Beale, We cant just rely on AI systems to act ethically because their objectives seem ethically neutral.

Indeed, some new devices can cause serious harm. Implantable chips for cognitive enhancement, for example, can causeirreversible tissue damagein the brain. The question, then, is whether laws and procedures can be instituted to protect people from a reasonable degree of harm. Barring that, many are calling on Silicon Valley companies to establish their own ethics committees.

All of this reminds me of the criticism leveled at innovations throughout the history of free-market capitalism. One such critique, the bookGemeinschaft und Gesellschaftby the sociologist Ferdinand Tnnies, ultimately became influential in Germany in the 1920s and led to the corporatism arising there and in Italy in the interwar period thus bringing an end to the market economy in those countries.

Clearly, how we address the problems raised by AI will be highly consequential. But they are not yet present on a wide scale, and they are not the main cause of the dissatisfaction and resulting polarisation that have gripped the West.

Edmund S. Phelps, the 2006 Nobel laureate in economics and Director of the Center on Capitalism and Society at Columbia University, is author ofMass Flourishingand co-author ofDynamism.This content is Project Syndicate, 2020, and is here with permission.

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Edmund Phelps considers the effects of automation and artificial intelligence from the perspective of welfare economics - Interest.co.nz

Onit Accelerates Workflow and Business Process Automation with Latest Version of its Apptitude Platform – GlobeNewswire

HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Onit, Inc., a leading provider of enterprise workflow solutions including enterprise legal management, contract lifecycle management and business process automation, today announced the latest version of its workflow and business process automation platform Apptitude.

The no-code platform is highly configurable and scalable. Apptitude supports an unlimited number of solutions from department-specific, such as legal spend management, legal holds and legal service requests, to shared solutions across departments including compliance, finance, human resources, risk management, IT, marketing, operations and procurement.

Serving the enterprise, the platform supports hundreds of thousands of users, millions of files and transactions and has a global reach. Close to 300 people have been certified in building Apps in Apptitude, and 5,500 production Apps have been built and deployed. Onits 2020 summer release of Apptitude includes an entirely new visual drag-and-drop workflow builder that allows customers to create workflows in a way that is easy for even nontechnical people to understand.

COVID-19 will certainly be an inflection point in the global economy. This pandemic proves that all companies need a technology platform that can enable rapid change, commented Eric M. Elfman, CEO and co-founder of Onit. Although it is uncertain what the new normal will be in the legal ecosystem, we can safely say that efficiency, collaboration, workflow and automation are now more imperative than ever before. The latest version of our platform addresses these challenges, making it easier than ever to build workflows, automate critical business processes and connect and empower a global workforce.

Introducing Apptitude Process BuilderOnit built the new version of Apptitude to bridge the gap between technical and business users and designed it to simplify the creation of new workflows. Apptitudes new visual interface, Process Builder, allows all users to build and manage business logic and workflows using a drag-and-drop interface.

The complexity of solutions being built with Apptitude has grown significantly over the last 10 years. Builders who were initially tasked with addressing simple workflow problems are now solving vastly more complex enterprise-wide challenges, including risk management and compliance, where the Onit solutions compete with the best purpose-built compliance software. Building and managing business logic at this scale can be challenging for even the most advanced users. Process Builder makes it easier for customers and project managers to understand how applications work and create efficient workflows.

Process Builder provides a visual interface for building workflows. Builders configure business logic by dragging and dropping actions and groups of actions exactly where they need to go. Building new workflows is intuitive and only takes minutes for experienced builders to learn. Most important, Process Builder works with existing Apptitude configurations, and no migration or changes are required to get started. The new release also makes it easy to show your work to other stakeholders in an agile build process so that internal customers can quickly and easily give their input. This helps shorten the time to value in Onit implementations, which often take weeks - not months.

One of our primary goals with this summer release is to support our community of App builders and accelerate new workflow creation and execution across the enterprise, explained John Gilman, vice president of product strategy at Onit. Using the new visual drag-and-drop workflow builder, technical and business analysts are empowered to build Apps faster and more efficiently, enabling better connections and collaboration with key stakeholders and knowledge workers. The reaction I got from customers is that Process Builder is a game-changer. The App builder can instantly visualize the process, and the sponsor can demonstrate in real-time the work of the project team to internal stakeholders.

The new version of Apptitude is generally available and delivers:

The Power of the Platform With a new Apptitude version release every month, legal and business teams can benefit from the latest technology innovations and best practices and stay up to date with industry trends and compliance regulations. Designed from the ground up to be a comprehensive, scalable and agile platform, it has unlimited potential for growth. Whether a legal department is looking to automate one process or 20, it can configure and deploy what is needed when it is required. Its easy to enhance existing solutions and add new departments as needs change and a company evolves. Apptitude scales to support thousands of users and millions of documents, meaning companies will not outgrow the Apptitude platform.

The Onit Advantage Onit Nation The latest version of Apptitude has best practices from 400+ global companies that have built workflow solutions for more than a decade. Customers, employees and Onits technology and consulting partners have configured more than 5,500 Apps, comprised of 160 bespoke legal-focused workflow solutions with deployment in 120 countries. Onit has certified nearly 300 employees, partners and customers in more than 80 training sessions with 686 certification levels granted. The Onit implementation team, coupled with its partner network, brings decades of unmatched industry expertise to the creation, implementation and support of your solutions.

About Onit Onit is a global leader of enterprise workflow solutions for legal, compliance, sales, IT, HR and finance departments. Our solutions transform best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, spend management, contract management and legal holds, we operate globally and help transform the way Fortune 500 companies and billion-dollar legal departments bridge the gap between systems of record and systems of engagement. We help customers find gains in efficiency, reduce costs and automate transactions faster. For more information, visit http://www.onit.com or call 1-800-281-1330.

Media inquiries:Melanie BrennemanOnit(713) 294-7857Melanie.brenneman@onit.com

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Onit Accelerates Workflow and Business Process Automation with Latest Version of its Apptitude Platform - GlobeNewswire

Automation: The Future of Manufacturing Is Here – Quality Magazine

Automation: The Future of Manufacturing Is Here | 2020-08-01 | Quality Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses CookiesBy closing this message or continuing to use our site, you agree to our cookie policy. Learn MoreThis website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.

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Automation Arts and Daktronics Build Partnership With Multiple Recent Projects – Digital Signage Connection

BMO Tower and Mecca Sports Bar & Grill highlight collaboration efforts

BROOKINGS, S.D. Aug. 6, 2020 Daktronics(NASDAQ-DAKT) of Brookings, South Dakota, has built a partnership withAutomation Arts, a Wisconsin-based commercial and residential AV integrator, for multiple recent installations including LED video displays at BMO Tower and the Milwaukee Bucks Mecca Sports Bar & Grill at Fiserv Forum.

Our experience working with the Daktronics team has been incredible, said Ron Moore, vice president of Automation Arts. From the first project, their team including Tony Mulder and Brock Wallen have been the most responsive and professional partners I have personally ever worked with leading to some very successful projects. Everything from design, delivery and support, Daktronics has been with us every step of the way on these projects. We are looking forward to collaborating on many more projects in the future.

One of the most recently completed projects took place at BMO Tower in Milwaukee, Wisconsin. The project included a large LED video display featuring 2.9-millimeter pixel spacing. The display measures more than 21 feet high by 10 feet wide and shares crisp, clear high-resolution imagery as people enter the building.

The display brings additional branding and Milwaukee-focused content to grab viewers attention and elevate the ambiance of the space to match the luxury of the building. It can show live and recorded video as well as graphics and promotional content to meet the needs of BMO Tower.

Working with Automation Arts on these installations was an exceptional experience and the results are amazing, said Daktronics Regional Sales Manager Tony Mulder. At Daktronics, weve instilled a commitment to developing relationships with AV integrators and these projects show the great things we can accomplish when working together to bring our customers visions to life. We look forward to many more successful projects, similar to these, in the future.

Another project the companies worked together to complete last year took place at the Mecca Sports Bar & Grillnear Fiserv Forum, home of the Milwaukee Bucks.Automation Arts recently was awarded a2020 Commercial Integrator Awardfor this installation which includes a large LED video display paired with three ribbon displays that surround fans in this entertainment space.

The main display measures nearly 17.5 feet high by 31 feet wide while the three ribbon displays all measure 2 feet high and vary in length at 34.5 feet, 40.5 feet and 48 feet long. The main display shows live sports coverage and additional entertainment content while the ribbon displays supplement informationsuch as statistics and scores while sharing other graphics.

The companies also worked together to install a 17.5-feet high by 30.5-feet wide LED video display in the Bucks Beer Garden. The display features 6-millimeter pixel spacing and is similarly used to show live sporting events, supporting graphics and information.

About Automation Arts

Automation Arts has been at the forefront of high-level Commercial Audio-Visual Integration since1993.Our objective is to provide the highest quality end-user experience possible. This objective is reachedthrough our passion for customer service, attention to detail, and our experience with deploying high-level/innovative product offerings.Automation Arts has grown to become one of thelargest Audio-Visual Integrators in the state of Wisconsin.

About Daktronics

Daktronicshelps its customers to impact their audiences throughout the world with large-format LED video displays, message displays, scoreboards, digital billboards, audio systems and control systems in sport, business and transportation applications. Founded in 1968 as a USA-based manufacturing company, Daktronics has grown into the world leader in audiovisual systems and implementation with offices around the globe. Discover more atwww.daktronics.com.

SAFE HARBOR STATEMENT

Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is intended to enjoy the protection of that Act.These forward-looking statements reflect the Companys expectations or beliefs concerning future events. The Company cautions that these and similar statements involve risk and uncertainties which could cause actual results to differ materially from our expectations, including, but not limited to, changes in economic and market conditions, management of growth, timing and magnitude of future contracts, fluctuations in margins, the introduction of new products and technology, the impact of adverse weather conditions and other risks noted in the Companys SEC filings, including its Annual Report on Form 10-K for its2019fiscal year.Forward-looking statements are made in the context of information available as of the date stated. The Company undertakes no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

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Automation Arts and Daktronics Build Partnership With Multiple Recent Projects - Digital Signage Connection

Parrot + Dronisos: Imagining the future of Drone Automation – UASweekly.com

Parrot, the leading European drone group, andDronisos, a pioneer in the creation and production of customised drone swarm light shows, are expanding their ongoing partnership to explore new applications for drone flight automation leveraging the Parrot ANAFI drone platform.

Dronisos drone swarms combine sophisticated technology and artistic expression to entertain audiences around the world with dancing drones and lights for clients including Lancme, Peugeot, FIFA, and Oreo. These shows require sophisticated drone flight automation to synchronise up one thousand drones to perform choreographed movements, tricks and flight patterns.

Dronisoshas previously featured Parrot Bebop and Mambo drones, modified with specialised lights, hardware and software to act as the stars of their shows. Parrots latest ANAFI drone platform offers new opportunities to advance flight automation and synchronisation thanks to its compact size, quiet flights, and industry-leading security.

Parrot is a dream partner to help us bring to life spectacular displays of imagination though both their technology and appreciation for artistry, saidJean-DominiqueLauwereins, CTO and Co-Founder ofDronisos. Now, Parrots ANAFI droneplatform has both inspired and equipped our team to push the boundaries and take our drone swarm capabilities to new heights and new industries. In particular, the small size of the ANAFI prevents any physical harm and the highly secure connection ensures the safety and integrity of autonomous flights from potential hackers.

Parrot first partnered withDronisosin 2016 to help produce the companys now infamous drone dances at its annual CES booth to showcase the launch of the Bebop. The lighthearted and entertaining dances entertained CES attendees and served as a memorable showcase of the brand and its technology.These elaborate choreographed drone dances broke barriers in drone automation previously unimagined.

Five years later, amid months of lockdown due to the global coronavirus pandemic, theDronisosteam created a world-record breaking show flying 200 Parrot Bebop 2 drones simultaneously. Created with a dispersed team throughout the lockdown, the show broke the world record for the largest number of drones flying autonomously indoors. The show, sponsored by Cisco and Tim, was broadcast nationally for the celebration of San Giovanni, a popular annual Italian festival in Turin, Genoa and Florence.

Dronisoshas broken barriers and world records with their vision and engineering and our drone technology, said Jerome Bouvard, Director of Strategic Partnerships at Parrot. We see the ways in which our professional and enterprise customers are using our drones and believe that through this next phase of our partnership we can showcase what else can be achieved to solve new challenges forinspections, surveying and mapping, security and defense industries.

For more information on Parrot and its ANAFI drones, visitParrot.com. To learn more aboutDronisos, visitDronisos.com.

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Parrot + Dronisos: Imagining the future of Drone Automation - UASweekly.com

Automating to innovate on the factory floor – CanadianManufacturing.com

TORONTO When the COVID-19 pandemic forced the world into lockdown back in March, small and medium-sized enterprises (SMEs) saw temporary closures, labour shortages, new safety measures, production delays and even unexpected spikes in consumer demands. In this new environment, manufacturers have had to find ways to accommodate changes on the factory floor.

In a virtual summit co-hosted by Manufacturing AUTOMATION and Canadian Plastics, these magazines looked at ways to help manufacturers prepare for a potential second wave of the coronavirus and to ensure long-term competitiveness, with a focus on the role automation will play in recovery.

One session focused on the factors that should be considered when considering new industrial automation on the factory floor. Panel experts included:

Known for their Collaborative Robots nicknamed Cobots Universal Robots Michael Phillips explained that cobots can help address not only the skills shortage, but also facilitate social distancing.

Our goal is to improve the productivity of existing processes by using a collaborative approach humans working alongside with robots, Phillips said.

Phillips went on to explain that Cobots can be trained on the production floor by staff easily and quickly to set up jobs.

The main takeaway from this is that these robots can be deployed for small production runs in small batches, Phillips said. Customers can then free up their employees to complete more meaningful work.

Speaking from the Siemens perspective, Asghar Rizvi shared that COVID-19 not only accelerated the companys transition to Industry 4.0 but also an automation boom.

The power of data will assist in automating our factories of the future, said Rizvi.

Ashgar Rizvi of Siemens. PHOTO: Automate to Innovate

Rizvi then went on to review the digital technologies that enable manufacturers to operate remotely and more efficiently: remote working, AI in automation and integrated automation (IT/OT).

We need to advise our customers on what will change in their lives by applying remote working, and how they can improve these experiences, Rizvi said. This pandemic will pass, but it will change how our executives will review their readiness for real time events. Real time data will play a very important role when it comes to this pandemic.

Rizvi explained that artificial intelligence is set for a huge takeover in the coming years, and that the current COVID-19 situation is pushing the development of robots and the improvement of AI.

This could lead to a new era of robotic human helpers, Rizvi said. It is expected that global AI software market will grow exponentially.

Lastly, Rizvi shared that Siemens would be providing its customers with data at the field level rather than the cloud level.

By this approach, we are able to do application and analytics at the edge of the application itself. Customers would save a lot of costs that are currently taken as an expense at the cloud level, Rizvi said. Digitalization has become a necessity instead of an option.

Speaking on behalf of Festo, Santiago Olmedo said that the companys customer solutions group played critical role in the selection and implementation of automation systems.

We have a well rounded team of engineers, with solid project management and logistics functions, and our expertise comes from heavy piping and high volume, Olmedo said. Our goal is to make our customers more productive.

He continued, We offer integration support for our customers and a true engineering partnership Customers are able to now order a complete subsystem with a function and performance commitment, rather than ordering many, many components that they have to integrate on their own.

Olmedo added: We welcome the opportunity to collaborate and develop new solutions with our customers based on their requirements.

In another session, Michelle Chrtien, director, Centre for Advanced Manufacturing and Design Technologies (CAMDT), Sheridan College, looked ahead at how the future of industrial automation will expand as a result of the COVID-19 pandemic.

There are different types of automation that are replacing the concept of robots, doing things we dont want to do, and expanding the role and utility of automation to work alongside humans, Chrtien said.

Chrtien reiterated Phillips thoughts by saying that collaborative robots will have a space in automation, noting that it will change the way manufacturing will look in a post-COVID-19 world.

However, she also noted that the advent of machine learning and AI will also have a massive impact on the industry.

In the events second session, Mentor Works president and founder Bernadeen McLeod took charge.

McLeods presentation addressed the ways manufacturers can scale automation in their workplace, including how to access key government funding opportunities for innovation and new manufacturing technologies.

I find the best way to strategize and navigate in this space is to look at your strategic projects and put them into funding pools and look at your challenges and identify government programs that will help you with commercialization and business expansion, McLeod said in her presentation. Look at a separate group of programs that will help you with talent acquisition and training, a separate group of programs dedicated to R&D, and then a separate group for export development.

PHOTO: Automate to Innovate

McLeod went on to educate viewers on the different types of government funding, which include the Business Credit Availability Program (BCAP) and the Regional Relief and Recovery Fund, two COVID relief programs.

A partnership between Export Development Canada (EDC) and approved financial institutions across Canada, McLeod explains that BCAP is a low-interest loan product where depending upon company revenues a manufacturing company can borrow up to $300,000 to $12 million in funding.

The banks take complete control of the program and you must approach your bank, outline what your shortfall is and fixed operating expenses over the next three to 18 months, and then the banks respond to you with this low-interest loan product, McLeod explained. Theres no repayment back for 12 months.

Should a company be denied funding under BCAP, McLeod advised manufacturers to instead apply for the Regional Relief and Recovery Fund.

This is up to a $500,000 loan product with no repayments until January 2023, McLeod explained.

McLeod also stresses that when applying for government funding, manufacturers need to stress their project timelines, what types of expenses the projects require and the overall impact the project will have.

I would encourage you to be aware that the assessment for government incentives are job creation, incremental revenue growth, and the governments desire to support innovative processes and technologies into your production site, McLeod said.

The final hour of the virtual event was a panel discussion that focused on funding, planning an innovation strategy, determining primary investments, best practices for testing and scaling, enterprise risk management and automations true cost.

Moderated by Manufacturing AUTOMATION editor Kristina Urquhart, the panelists for the final session included:

PHOTO: Automate to Innovate

de Verteuil said that the most important thing for manufacturers to consider during COVID-19 is to know what problem they are trying to fix and to know the objectives of their project in order to receive funding.

Whether its cost-centric, unit cost reduction or a reduction in changeover time, your competition is edging you out, de Verteuil said.Its really difficult to convince anyone internally or organization lenders and grant decision makers to pony up cash unless you really know what youre selling.

Jeffrey reiterated de Verteuils point, but also emphasized that it is important for manufacturers to not just articulate the problem, but to quantify it as well, advising that manufacturers dont want to be solving a $10 problem with $100 solution.

Sometimes people fail to quantify and youre using a hammer to swat a fly, Jeffrey said. I think thats something where a lot of companies struggle with cash flow.

Obviously its a difficult thing to get over, but we see status quo as being the strongest gravitational force, the ability to have a vision, understand the problem and have a vision about what youre going to do to change that.

When discussing what manufacturers can expect as they start to develop their innovation strategy, Jeffrey said that its important for the manufacturing sector to adjust to the changes that COVID-19 has brought on, namely the adjustment of data-driven processes.

If we fail to adjust and operate with the status quo, you run the risk of going down and unfortunately fear is a big motivator for change, Jeffrey said. These models are changing and its a huge opportunity, but its up to us to make sure we support that with the right types of technology.

Lookig ahead, Felows said she believes that if the manufacturing industry does not implement changes to their technologies, it will result in a loss of competitiveness.

To remain competitive, adopting new innovative technologies for the factory floor will help manufacturers survive.

If our Canadian manufacturers are not adopting the technologies that will help them be more profitable produce a better quality product in a safer manner, more efficient operations, efficient use of resources, they are going to lose ground competitively, Fellows predicted.

With the right partners, and the right collaboration and the right companies to collaborate with, manufacturers will be on the right path.

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Automating to innovate on the factory floor - CanadianManufacturing.com

Jumpstarting the Hyperautomation Journey with Intelligent Automation – socPub

By Tyler Suss, Product Marketing Director atKofax

Gartner calls hyperautomation the most important of the top 10 strategic technology trends for 2020. Is it worth the hype? The short answer is, Yes.

As 2020 has unfolded, digital disruption has had many organizations feeling the pressure to innovate to streamline internal operations and customer-facing experiences more quickly. However, as organizations look to drive innovation by transforming business processes, they often run into roadblocks or are uncertain of where to begin.

Hyperautomation may be the solution. Hyperautomation deals with the application of advanced technologies, including artificial intelligence (AI) and machine learning (ML), to increase the scope of automated processes and augment the efforts of the human workforce.

Hyperautomation requires implementing the right combination of the right technologies, in the right order, at the right time. By adopting an intelligent automation platform, organizations gain the tools they need to jump start digital transformation and follow a methodology that catapults them into a state of hyperautomation:

Process discovery: Organizations can use IA to easily analyse patterns and tasks, then quickly identify automation opportunities. Businesses can also discover potential challenges with compliance or regulatory issues and remediate them swiftly.

Digital workflow orchestration: They can centrally build and run automated digital workflows in collaboration with existing applications and human workers. Orchestrating multiple people, actions, software robots, policies and systems enables organizations to analyse, measure and optimize business activities.

Robotic Process Automation (RPA): Businesses can reliably and efficiently automate repetitive, manual tasks across the enterprise, even through web interfaces and business apps.

AI and machine learning: Advanced automation technologies can be leveraged to understand, classify, and extract data including voice, text, chat, and images. AI allows organizations to automatically recognize people and documents, understand the content and context of communications, and make more insightful business decisions. Machine learning improves the accuracy of document identification, classification and separation conducted as part of cognitive capture and RPA.

Digital workforce management: An Intelligent Automation platform provides the capability to govern a growing digital workforce, including software robots that improve security, compliance, scalability, and audit ability. Organizations can increase work capacity without adding headcount.

Analytics: Businesses can measure the impact of intelligent automation across the enterprise and calculate ROI. Improved visibility, process intelligence and insight into customers, employees and business partners give executives the tools and information needed to adapt to changing market conditions and customer expectations.

The benefits of hyperautomation are measurable:

Reduced costs: Intelligent automation of business processes and workflows reduces the time and resources needed to complete manual tasks and cuts down on the number of errors.

Scalability: Hyperautomation transforms a manual or complex task into a reliable and repeatable process. A collaborative ecosystem of complementary technologies and humans working together generates exponentially better outcomes across the business.

Personalizedcustomer experience: Hyperautomation enables organizations to deliver a more personalized customer experience, resulting in improved satisfaction, loyalty, and revenue.

Operational excellence: An efficient workforce comprised of the right blend of human and digital workers creates a flexible and agile organization that can swiftly respond to changing market conditions.

Employee work satisfaction: Human workers enjoy the more thought-provoking and strategic work automation allows them. Workers get more satisfaction out of their jobs when they can see the added value they bring.

Executives who want to drive innovation and transform business processes will do well to consider hyperautomation.

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Jumpstarting the Hyperautomation Journey with Intelligent Automation - socPub

DigiCert Announces Automation Gateway To Automate Certificate Lifecycle And Increase Web Security – SecurityInformed

DigiCert, Inc., the worlds provider of TLS/SSL, IoT and other PKI solutions, announced its new DigiCert Automation Gateway. Automation Gateway launches with integration into DigiCert CertCentral in Q4. This new automation approach is designed to accelerate the adoption of automated certificate issuance, renewal, reissuance and revocation by tackling some of the common concerns with existing offerings. Automation Gateway will provide organizations the confidence to widely deploy automation protocols within their company networks to provide greater agility.

Automation Gateway lives on-premises in an enterprise network to securely monitor, automate and process certificate lifecycle events through a controllable proxied connection. It is a communication bridge between DigiCerts various management and automation tools, such as ACME, to simplify acquiring and deploying certificates.

Deployment of this offering is a significant milestone in DigiCerts vision to promote and enable crypto-agility and shorter certificate lifecycles. Automation is key in managing security events and responding to new threats.

DigiCert is dedicated to creating robust management and automation tools that enterprises can use to simplify their security processes and increase web security. With the constant increase in threats, enterprises need agility in how they deploy and manage certificates throughout their organization, said Jeremy Rowley, Chief of Product at DigiCert. "Many enterprises are wary of fully adopting automated PKI solutions because of the inherent risk of needing to open their network ports to the public internet. Automation Gateway removes that risk with trusted, automated controllers and proxies.

Automation Gateway also offers failover to provide uninterrupted uptime and prevent outages. The gateway automatically replaces missing, expired or revoked certificates on connected devices. Using the gateway, any number of internal servers can be automatically updated. With smart meshed interaction, if one node goes dark in the network, devices may still acquire certificates and continue to function securely.

Previous industry events, such as the transition from SHA-1 to SHA-2, demonstrate the need for a more agile web PKI. In addition, CA/B Forum requirements specify that a certificate must be replaced within 24 hours for key compromise and similar events, and five days if information changes or there is a technical gap in certificate contents. Automation is critical in meeting these requirements.

Continued Rowley, Automation Gateway in CertCentral will offer an intuitive experience, with smart software that remembers organizational security preferences and eliminates the manual configuration currently required for ACME certbot and other clients in use today."

When released later, Automation Gateway will join CertCentral Automation Tools to provide a completely automated certificate management solution. Currently, CertCentral Automation Tools feature the following benefits:

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DigiCert Announces Automation Gateway To Automate Certificate Lifecycle And Increase Web Security - SecurityInformed

GRUBBRR works with BlueStar to Meet Growing Demand for Commerce Automation Solutions Post-COVID – Digital Signage Connection

BOCA RATON, FLA., AUGUST 05, 2020 GRUBBRR, a commerce automation company at the forefront of omni-channel ordering, is working with BlueStar, a leading global distributor of numerous solution-based technologies. BlueStar brings capabilities to enable GRUBBRR the ability to begin to scale up and meet the rising demand for self-ordering solutions, while GRUBBRR helps to provide BlueStar customers with unique solutions to market.

GRUBBRR has been looking to improve efficiencies and meet demand while continuing to innovate and introduce new product offerings for Quick Service and Fast Casual Restaurants and other hospitality verticals including stadiums, entertainment facilities, casinos, hotels, micro-markets and retail. BlueStars distribution and custom services will help GRUBBRR more effectively pursue these goals.

The world was already moving towards automation, COVID-19 just accelerated the need for this technology, said Sam Zietz, CEO of GRUBBRR. BlueStar is the perfect partner given their vast and efficient distribution capabilities, and this partnership will allow us to efficiently scale our offerings to the businesses across the country who need our commerce automation products as part of their re-opening strategies.

BlueStar is a Solutions-based distributor seeking to offer its customers complete solutions which can be taken to market and not just individual pieces of hardware. GRUBBRR will work with BlueStar for ready-to-go self-ordering solutions. BlueStar distributes much of the hardware used in GRUBBRR products, and now will have access to the software that can transform those products from simple hardware into automation solutions.

BlueStar represents the best of hardware and software providers, and they do their due diligence for their customers, said Zietz. It is significant that, in the landscape of our commerce automation competitors, BlueStar found GRUBBRR to offer the premiere solutions for the post-COVID world.

The demand for Kiosk and Contactless ordering is accelerating. As a Solutions Distributor, it is in our DNA to work with an ecosystem of vendors and software companies to provide actionable solutions to fill the fast paced needs of a marketplace, states Dean Reverman, Global Marketing Manager for BlueStar. GRUBBRR is a part of our TEConnect program which fosters relationships between vendors, in this case Elo, and distribution to enable solution development, promotion and fulfillment. Working together and leveraging each others strengths benefits the community and Channel as we collectively seek to address the critical needs of those businesses looking to reopen in a safe and thoughtful way.

The solutions provided are an intuitively sensible combination of resources that allows each to maximize efficiency in creating and distributing commerce automation solutions to a wide variety of industries. For more information, visithttp://www.GRUBBRR.com.

About GRUBBRR:Headquartered in Boca Raton, Florida, GRUBBRR is a technology company that delivers self-ordering solutions for small to large companies across different verticals including QSR Restaurants, Fast-Casual Restaurants, Cafes, Bakeries, Stadiums, Movie Theaters, Casinos, Micro Markets, Retailers, Amusement and Entertainment Centers, and Golf Courses. Offerings include self-service kiosks, contactless ordering, point-of-sale systems mobile ordering, online ordering, tableside ordering, food lockers, curbside delivery, and other services intended to materially increase business efficiency. To learn more about GRUBBRR and the companys offers, please visit:http://www.grubbrr.com.

About BlueStar:BlueStar is the leading global distributor of solutions-based Digital Identification, Mobility, Point-of-Sale, RFID, Digital Signage, Networking and Security technology. BlueStar works exclusively with value-added resellers to provide complete solutions, business development and marketing support. The company brings unequaled expertise to the market, offers award-winning technical support and is an authorized service center for a growing number of manufacturers. BlueStar is the exclusive distributor for the In-a-Box Solutions Series, delivering hardware, software and critical accessories in one bundle with technology solutions across all verticals. For more information, please contact BlueStar at 1-800-354-9776 or visithttp://www.bluestarinc.com.

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GRUBBRR works with BlueStar to Meet Growing Demand for Commerce Automation Solutions Post-COVID - Digital Signage Connection

Pax8 Gives MSPs Access to LionGuard Automation Platform – Channelnomics

August 6, 2020

By Jeffrey Burt

Channel partners of cloud-based distributor Pax8 are getting access to Liongards Road platform, which enables MSPs to gain better visibility into their end customers systems whether theyre deployed on premises or in the cloud.

The Lowdown: The two companies this week announced a partnership that will give MSPs access to configuration data both historical and up-to-date of a customers entire IT stack and speed up processes and issue resolution.

The Details: The technology from LionGard, a five-year-old company based in Houston, enables MPS to automatically document, audit, and secure customer systems.

Benefits include:

>APIs into more than 30 vendors to ensure documentation is up-to-date.>Capturing historical data to help with troubleshootingA custom alerting system that lets MSPs be proactive in dealing with issues.>Data exportability features for reporting>Integration into Microsoft 365, Azure AD, and Azure public cloud.>Integrations into AutoTask, Datto, ConnectWise, Kaseya, BitDefender, StorageCraft, Veeam, and Webroot.

The Impact: The capabilities in LionGards platform helps build trust between MSPs and their clients, reduces user errors, and enables IT service providers to more efficiently manage systems at scale.

Background: The partnership with Pax8 comes less than three months after the company raised $17 million in Series B funding, bringing up the total amount raised by LionGard to almost $23 million since its founding in 2015 by CEO Joe Alapat and COO Vincent Tran. The company serves both MSPs and IT companies in more than 20 countries and has seen the number of customers triple over the past 18 months and the number of companies supporting the platform double in that time.

The Buzz: To keep pace with ever-changing IT requirements, we are excited to offer Liongard to MSPs, said Ryan Walsh, chief channel officer at Pax8. Liongards strong, trusted platform enables MSPs to have greater visibility into how their systems are managed. With its capabilities, the solution gives our partners a competitive edge.

Liongard and Pax8 share a similar goal of propelling our partners forward through innovative, intuitive technology that enables greater efficiency and profitability, said Mark Sokol, vice president of marketing at Liongard. Were thrilled with this partnership and what it means for MSPs.

Related Links: CHANNELNOMICS:>Pax8 Hooks Up with RingCentral for UCaaS>Pax8 Bolsters Email Security Services for MSPs>Pax8 Brings CloudJumper, Microsoft Solution to MSPs

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Pax8 Gives MSPs Access to LionGuard Automation Platform - Channelnomics

How to Cross the Threshold into Manufacturing Automation – IndustryWeek

The Association for Manufacturing Excellence (AME) defines people-centric leadership (PCL) as a culture in which every day, everyone goes home feeling fulfilled by pursuing excellence and everybody flourishes. All too often, PCL is missing from lean, causing many manufacturers to struggle to sustain long-term continuous improvement. Lean only succeeds when tactical continuous improvement is combined with respect for all people within the organization.

As a manufacturing specialist for the Delaware Manufacturing Extension Partnership (DEMEP), part of the MEP National NetworkTM, I help small and medium-sized manufacturers (SMMs) develop people-centric leaders, which lets them leverage the skills of their employees required for lean success.

Take for example, Justin Tanks, a Delaware manufacturer of large fiberglass tanks. When I first worked with the company, they had begun their continuous improvement journey, but their momentum was running out of steam. By turning their efforts toward creating people-centric leaders, the company was able to build a foundation for continuous improvement and growth for their business.

According to Ed Short, Justin Tankss CEO, PCL training has helped the company:

If these outcomes sound like things youd like to foster at your company, here are five PCL essentials you can use to achieve similar lean success.

One of the biggest lean roadblocks is when management wastes time trying to control other people. People-centric leaders spend their time and energy reflecting and evaluating themselves. They take responsibility for their own behaviors, which in turn influence the behavior of the employees.

Leaders build relationships with and between people. People-centric leaders recognize they dont have all the answers and that they need all the talents from their entire organization. Leaders must get to know the whole person. They must trust their employees and act with humility. Leaders who act with humility inspire trust.

In a people-centric culture, leaders listen more than they speak. They purposely learn and practice how to actively listen. Listening is the most important thing that good leaders do. As noted by Bob Chapman, CEO of the Barry-Wehmiller company, Doing this one thing can profoundly impact an organization. It can set an organization on a path to a better future.

Everybody likes pizza, T-shirts and monetary gifts, but these things do not necessarily make people feel appreciated for their unique contributions. One of the biggest complaints I hear from people in the organizations I work with is that their boss has no idea what they do. Perhaps a simple thank-you would have more impact. Employees need to know their work has meaning and that they are part of something bigger than themselves. People want to contribute and be appreciated, not be controlled and rewarded.

According to Edgar Scheins book, "Helping," when leaders offer correction or provide a solution, employees can feel frustrated, resentful and demoralized. Effective coaching uses a Kata-based scientific way of thinking, which causes people to self-evaluate and engage their minds. It shifts control from the leader to the employee, which results in self-improvement and growth.

How can your managers take advantage of PCL? First, its critical to remember that like any lean journey, leadership is one of continuous improvement. This journey begins with discarding traditional director leadership paradigms in lieu of supportive coaching roles.

Once youre ready, the above PCL essentials can be developed through education, coaching, reflection and practice. This process includes developing systems to support organizational continuous improvement and clearly communicating strategies and expectations across the organization. This is accomplished by using the PCL framework developed by the AME PCL Curriculum Development Team.

The framework includes:

These elements drive growth and prosperity for the individual, the organization, the stakeholders and the community. PCL engages the minds of the entire workforce to drive continuous improvement and achieve greatness.

Looking for leadership support in your organizations lean journey? Contact your local MEP Center to talk to a lean expert or other manufacturing specialists who understand the needs and challenges of smaller manufacturers.

Program Lead, Enterprise Excellence at DEMEP, Lisa Weis is a people-centric, lean/continuous improvement expert with over 20 years of demonstrated success in helping hundreds of public and private organizations achieve their vision and meet their strategic goals. She is also an AME mid-Atlantic board member and is the lead for curriculum development for the AME people-centric leadership initiative. Lisa has a Bachelor of Science Degree in Chemical Engineering, Cum Laude, from the University of Delaware.

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How to Cross the Threshold into Manufacturing Automation - IndustryWeek

Using Automated Security Protocols Reduce the Cost of Data Breaches, Report Say – Nextgov

Federal agencies face less costly data breaches because they often employ security automation and orchestration practices, according to a security expert.

IBMs annual Cost of a Data Breach report, released July 29, found the public sector worldwide incurred average losses of $1.08 million per data breachthe lowest average cost compared to 17 other industries. The health care industry faced the steepest average loss per breach at $8.6 million, while the overall average was $3.86 million per incident.

Researchers surveyed over 500 organizations between April 2019 and April 2020. They calculated costs using factors such as how much a company spent on detecting and managing the breach as well as losses associated with business disruption and lost customers post-breach.

Wendi Whitmore, vice president of an IBM team working on incident response and threat intelligence, told Nextgov that the U.S. public sector cost is likely higher than average because the U.S. had the highest average cost of a data breach in regional comparisons. Still, she said, agencies at the federal level lead the way on one of the most important ways to reduce costs: automating and orchestrating security.

Anything working under U.S. Cyber Command, which is much of the military, is a fantastic example, Whitmore said. She added the military has been a leader in developing security automation best practices. Whitmore is a former computer crime investigator with the Air Force Office of Special investigations.

This year is the first time the study could observe how automated security practices affect the cost of data breaches, Whitmore said. Over the past 15 years IBM has been doing the study, these practices were too new and not widespread enough to effectively study.

Now you see this huge, fundamental difference in organizations from a cost perspective for those who do have that ability, and those who don't, Whitmore said.

Challenges for government entities like the Defense Department remain higher than those faced in the corporate world, Whitmore said. However, agencies are less likely to lose customers, a main driver of costs when a data breach happens.

But maintaining continuous, automated security across such a large enterprise is still hard. Whitmore said it means there has to be continuous adaptation of security practices.

One organization that has announced it will adapt is the Defense Information Systems Agency, which in July indicated it will move to a zero trust security framework. Whitmore said the zero trust security architecture is consistent with the advice her team at IBM gives to companies regarding how to successfully defend against data breaches.

We're actually advocating to them to move to a model of hey, we actually can't trust anybody. I don't want you to trust any other node in your network, I want you to operate like you're under attack, every day, Whitmore said.

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Using Automated Security Protocols Reduce the Cost of Data Breaches, Report Say - Nextgov

Adopting intelligent automation technology in the health service – National Health Executive

06.08.20

Darren Atkins, Chief Technology Officer (Artificial Intelligence & Automation), East Suffolk and North Essex NHS Foundation Trust featured on Episode 11 of NHEs Finger on the Pulse podcast.

What I say to all the organisations I engage with is to forget the technology and come up with: Why do you want to do automation, what are you looking to achieve in the next 12-18 months, and set yourself a progress of work

Those are the words of wisdom of Darren Atkins, Chief Technology Officer (Artificial Intelligence & Automation) at East Suffolk and North Essex NHS Foundation Trust and an experienced head when it comes to automation and intelligent solutions within the health sector.

Technology is already an integral cog in the healthcare machine and the coronavirus pandemic has merely further accelerated this widespread adoption of solutions, as health and care professionals battle to overcome logistical challenges, changes to working patterns and practices and attempt to free up key manhours from time-consuming administrative tasks in order to spend more time with patients.

This is where automation technology can play a major role in Darrens view. Having been involved with integrated automation into his own trust for the past few years, he and his team have managed to free up thousands of hours a month by transferring slow, menial tasks from human workers to robot counterparts.

Does that sound inherently sci-fi? Absolutely.

Yet, it is becoming a reality in places such as East Suffolk and North Essex NHS FT. The technology remains in its early days and, as is the benefits of these more digital technology solutions, continues to be iteratively improved upon regularly and shared between trusts and organisations on the NHS Digital Exchange, a platform Darren had an instrumental role in establishing.

As Darren explains on the podcast too, he has ambitions for the Digital Exchange to extend beyond just health too: Through the Digital Exchange, my future goal is that it shouldnt just be the NHS. It should be the public sector.

A better connected, collaborative network across public services has been sought for years by countless people, organisations and governments and, at least in the field of automation technology, it appears to be becoming a reality. What is essential at these early stages for any successful adoption of automation solutions though is a willingness to engage and be open to the technology.

Whats really important is to establish a culture of engagement from the very outset.

To do so requires assurances that the technology is reliable, safe and represents good value for money; all aspects we discuss in length with Darren on the latest podcast episode.

But, lets just take safety in this instance. One of the biggest fears weve witnessed in recent years is the idea that taking control, or at the very least these administrative processes, away from human workers and allowing robots and algorithms to complete them will lead to greater numbers of errors and mistakes. Yet, as Darren explains, that is largely just a common misconception.

What the robots are doing are [just] replicating what a human does. Now, a robot doesnt make mistakes unless you teach it to make mistakes.

Similarly, when something does go wrong, these solutions can often provide a much more granular audit of the mistake allowing for a more effective and thorough investigation, ensuring the problem does not happen again. Effective, accurate governance in these systems, depending on the tasks they perform, is an essential step of the process too in Darrens eyes to changing the perception of digital, AI and automation technologies.

To listen to the full conversation with Darren, tune into Episode 11 of NHEs Finger on the Pulse podcast:

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Adopting intelligent automation technology in the health service - National Health Executive

D-dimer Testing Market: Advent of Automated Hemostasis Markers with High Sensitivity Expand Market Potential – BioSpace

Theglobal D-dimer testing marketis fairly competitive and the intensity of competition is in all likelihood will intensify over the years. Transparency Market Research (TMR) notes that the constant influx of end users and the large number of acquisitions taking place in the market will raise the ante higher for several prominent diagnostics companies and niche suppliers. Top players operating in the D-dimer testing market include Thermo Fisher Scientific, Sysmex Corporation, Siemens Healthcare, Helena Biosciences, F. Hoffman-La Roche Ltd., Grifols, S.A., Becton, Dickinson and Company, Abbott Laboratories, Bio/Data Corporation, and Beckman Coulter, Inc.

TMR observes that top players are increasingly focusing on introducing technology-advanced, integrated hematology analyzers for D-dimer testing, in a move to gain a competitive edge over others.

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The global D-dimer testing market stood at US$ 1.9 billion in 2016 is anticipated to expand at a CAGR of more than 4.0% during the forecast period from 2017 to 2025.

D-dimer tests are used for diagnosing conditions related broadly to deep vein thrombosis (DVT), pulmonary embolism, and disseminated intravascular coagulation (DIC). Among all the applications, the demand for the test for diagnosing DVT is prominent. The number of tests for DVT is poised to touch a mark of 86 million by 2025 end, globally. The popularity of the test stems from its cost-effectiveness and effectiveness in diagnosing symptoms of thrombotic episodes.

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Regionally, North America holds the sway in the global market garnering the dominant value in 2016. Vis--vis revenue, the regional market will retain its lead throughout the forecast period. A constantly swelling patient base, coupled with the marked awareness of the link between the risk of cardiovascular diseases and thrombotic episodes in patients, is fortifying uptake.

Widespread Application of D-dimer Tests as Initial Screening for Conditions of Thrombotic Episodes boost Market

The global D-dimer testing market is driven primarily by the rising incidence of pulmonary embolism, deep vein thrombosis, and disseminated intravascular coagulation, for which D-dimer stands as the most popular initial diagnostic test. The high mortality of these conditions among patients in developed nations, is a notable factor bolstering the demand for D-dimer test. In this regard, is the high mortality rate associated with DVT in the U.S. The rising morbidity of serious blood clotting disorders and a number of conditions related to thrombotic episodes in worldwide populations is a crucial aspect catalyzing the demand for D-dimer test.

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Lack of Reliability of Test Results in POC Settings likely to act as Bottleneck to Growth

The substantial number of D-dimer tests in lab settings, particularly in managing symptoms related with venous thromboembolism (VTE), is accentuating the growth of the market. The global demand for D-dimer tests is also getting a robust push from the rising uptake of these tests in the point-of-care (POC) settings. The rising adoption of D-dimer tests in hospitalized patients is also propelling the growth of the market. However, the lack of universal acceptability of these D-dimer tests in POC settings, mainly due to low bioequivalence compared to lab setting, is hindering the global market to reach its full potential.

The market is facing a serious constraint in the application of D-dimer test in elderly populations. At times the insufficient interpretation of the test may lead to erroneous results, hence clinicians need to exercise caution.

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Advent of Automated Hemostasis Markers with High Sensitivity Expand Market Potential

On the other hand, the global D-dimer testing market is witnessing surge in promising avenues owing to the advent of fully-automated coagulation analyzer using D-dimer tests. The adoption of automation has enhanced the efficacy of the instruments and the accuracy of measurements under D-dimer tests. In this context, the advent of highly sensitive hemostasis markers for these instruments augurs well for the market.

Constant technology advances in the hemostasis markers have opened many an exciting avenues for market players. The high sensitivity of D-dimer testing in excluding VTE makes the test popular among clinicians.

Key Takeaways:

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D-dimer Testing Market: Advent of Automated Hemostasis Markers with High Sensitivity Expand Market Potential - BioSpace

Red Hat’s Ansible Automation Comes To IBM i – IT Jungle

August 3, 2020Alex Woodie

Big Blue is now supporting IBM i with Ansible, the open source configuration management software developed by Red Hat. By including IBM i and AIX as a supported target in Ansible, companies that run IBM i will be able to remotely configure and manage IBM i and AIX servers using the same Ansible tools and techniques that they use to manage mainstream X86 and cloud server environments.

Ansible was created back in 2012 by Michael DeHaan, the author of the Cobbler provisioning server and co-author of the Fedora Unified Network Controller (Func) framework for remote administration. Its been widely adopted across the Linux community, where it competes with the likes of Chef, Puppet and other remote configuration tools, and today it also supports Windows, cloud, containerized, and virtualized environments in addition to IBM i and AIX through the new content offerings unveiled in July by IBM.

Ansible was developed to provide a lightweight and reliable configuration management system. The only dependencies that it imposes on the servers that it manages are support for OpenSSH (which Ansible uses to create connections) and Python. Ansible uses an agentless approach to control other servers, and unlike other management frameworks, does not require a single controlling machine when it begins its work (although a centralized controlling machine is soon created).

Administrators interface with the software by constructing playbooks, which are based on a control language based on YAML and Jinja templates. These playbooks define the configurations, deployment, and orchestration activities that Ansible will perform on the managed servers. Admins assign each server environment with a specific role, which Ansible can call as tasks.

The configuration framework also supports the creation of standalone modules written in standard scripting languages, like Python, Perl, Ruby, or Bash. Red Hat, which acquired Ansible Labs in 2015, also provides a centralized Ansible environment for enterprise accounts.

Now, IBM i shops can get into the Ansible swing of things. Ansible is a radically simple IT automation system, write IBMers Wang Yun and Zhu Li Jun in a June 2 post on the IBM i Cloud Blog. It handles configuration management, application deployment, cloud provisioning, ad-hoc task execution, network automation, and multi-node orchestration.

With its new offering, dubbed the Ansible Content for IBM Power Systems, IBM is bringing Ansible content to IBM i, where content refers to sample playbooks, modules, and action plug-ins that make specific IBM i routines supported in the Ansible framework.

Currently, IBM supports 20 automations for IBM i with Ansible, which support things like command execution, system and application configuration, work management, fix management, application deployment, etc. By the end of the year, IBM will introduce 50 more automations, for a grand total of 70.

Ansible automation, along with IBM Cloud Paks, are key aspects of IBMs strategy to simplify the management of cloud and hybrid cloud environments on Power.

IBM provides a bit more detail on the GitHub page for the IBM i collection for Ansible. Among the Ansible action plug-ins that are supported on IBM i are things like ibmi_copy (for copying a SAVF file to a remote IBM i node); ibmi_fetch (for fetching objects from the IBM i node); ibmi_reboot (for rebooting [or IPLing] an IBM i node); ibmi_script, for running CL and SQL scripts on IBM i nodes); and ibmi_synchronize (for synchronizing SAVF objects).

IBM provides a list of 35 additional Ansible modules in its IBM i kit that support more detailed actions, such as scheduling a batch job, ending an active subsystem, or restoring a library. You can see the full list here.

The main motivation in supporting Ansible on IBM i (and AIX) was providing a common management interface across Power Systems and open systems environments, says Dylan Boday, the director of offering management for systems, hybrid cloud, and AI solutions at IBM.

At the end of the day, Power has great capabilities and we want to minimize the skills needed to use those and bring consistent and common skills that theyre doing with X86 in their other event, and we really believe Ansible is a key aid in helping our clients achieve that, Boday told IT Jungle recently.

Ansible will allow IBM i and AIX customers to manage Power servers using the same tools as they use to manage X86 environments on prem and in the cloud.

We have over 20 Ansible automation that are certified by Red Hat today, he continued. Well be expanding that by 50-plus more, so 70 in total for us by the end of this year, and theres many more that are open source. Typically Red Hat . . . has a certified version, then you have an open source version. Well have both of those.

IBM has been experiencing a lot of demand for supporting Power with Ansible, at least from the AIX crowd. At one virtual AIX meeting earlier this year, 70 percent of the clients said they were already using open source Ansible, says Steve Sibley, vice president of IBM Power Systems offering management.

The potential to standardize on a single set of skills around Ansible will be a boon for AIX and IBM i shops alike, Sibley says.

If you really think about it, now you need one set of skills, one set of processes, he says. You dont have to have AIX experts, IBM i experts. Youll have to have one or two. But most of your processes can be the same for your entire infraorder, including now through the public cloud, because you use Ansible to deploy, provision your VMs in the cloud as well.

I think its going to be really significant to our client base, as well, as I think it will bring new clients to Power when they say Oh, you mean I dont have to manage this differently? I dont have to go hire a different infrastructure team to manage Power? he says. Its one of the most exciting things I think we have.

IBM i customers can get Ansible in one of two ways: installing the Ansible Galaxy application, or installing directly from open source.

Power Systems Slump Is Not As Bad As It Looks

Some Insight Into Utility Pricing On Entry Power Iron

More Open Source Databases Coming To IBM i

Open Source Is the Future, So Where Does IBM i Fit In?

Excerpt from:

Red Hat's Ansible Automation Comes To IBM i - IT Jungle

Not seeing automation success? Think like a pilot – TechNative

One of the most overused metaphors of the business world is leaders piloting their organisations: in the driving seat, coping with turbulence, and ensuring employees and customers reach their final destination

Its interesting to think of this image when businesses embark on automation projects.The pilots primary responsibility is the pre-flight checklist. It may seem tedious, but its extremely important security and medical checks, flight data analysis, aircraft system checks, and fuel checks, every step has to be completed thoroughly. A lot depends on it.

The same goes for a business launching automation projects. Every single part must be in order before take-off. In our recent research into this, we found that almost half (47%) of UK businesses who have failed on automation found it was because of a lack of understanding of the process they wanted to improve. Only 15% said they had a deep understanding of their processes before automating them.

With the world and its economies in flux, no business can afford to wait for mistakes to happen and correct them after. Thats why the right technology mix is critical.

Every business automation journey is different. Neither the goals nor the processes themselves are the same. For this reason, every business needs to figure out their own path to success.

The first step is to think about which processes you want to automate. Automation success relies on knowing your processes inside out, and understanding which work and crucially, whichdont.Not nailing your processes before you automate them means youre just making bad processes faster. Its like flying a plane with the wrong fuel in the tank.

In the current climate, this has become even more important. As staff remain furloughed and finance teams work round the clock to keep the business afloat, solid processes are absolutely vital. Its little surprise, then, that financial planning and decision-making was where over half (52%) of business leaders thought process mining technologies would be most useful. Improving customer experience (43%) came in second, and IT service management (37%) and notoriously process-heavy HR onboarding (36%) were next in line.

Figuring out what processes need to be automated is one thing. Managing them from then on is a whole new ball game and one that will require constant attention. After all, autopilot only kicks in once the plane is successfully cruising.

Process mining technologies help you analyse and discover processes using your business data, but process intelligence goes several steps further. This offers the deep understanding and real-time monitoring of your processes that many businesses are missing. Then, it can drill down into the granular details, explain why processes dont work and how to fix them, and give you the tools to solve problems you didnt even know existed. Its vital that business leaders check in on their processes often during this phase, to see where issues lie, which processes are most problematic, and which are ripe for automation.

Once this is in good shape, you can move on to intelligent automation combining process intelligence with automation like RPA. This is the switch to autopilot. Here, the technology can spot potential issues with processes like bottlenecks or delays before they happen, and update bots with corrective actions to fix the failing process.This can happen hundreds of times a day, without the human touch, to avoid problems from ever happening. For process-heavy industries like financial services or logistics and transportation it could be the key to survival in such a difficult economy.

Even with intelligent automation in full swing, there will always be turbulent times on any automation journey. Often, the most challenging processes to automate are the ones that will have the biggest impact the ones that everyone from the boardroom to the shop floor want to be perfect.

For the banking and FS industry, our research found improving financial decision-making was the most helpful use case for RPA. However, it is also proving the most challenging to automate. In insurance, improving customer experience is causing the same headache its vital that its automated well, but getting there is no mean feat.

This proves that the pressure to get automation right is huge its a major investment of time, money, and energy for everyone involved. Thats why relying on human workers to assess processes wont cut it, especially not when technology can do the job for you.

This, and the goal of automating manual labour-intensive processes, means that your human workforce can spend their time doing things that matter more to the business. Right now, this is likely to be relationship-building services, like customer care, supplier management, or simply supporting colleagues and staff. We need the human touch more than ever before.

Withmore than 1.2 millionbeing spent on automation by UK businesses in 2019 and the need for clever technological fixes more pressing than ever in 2020 ensuring youre seeing results is paramount. Getting your processes in order before you start automating them is the crucial step to avoiding failure, and ensuring that businesses reap the rewards of their investments.

It doesnt take a pilots licence to see automation success. But you will need to fuel up correctly before you fly.

Neil Murphy, Global VP, ABBYY. ABBYY is a Digital Intelligence company. We provide a Digital Intelligence platform that delivers a complete understanding of business processes and raises organizations Digital IQ. Our technologies are used by Fortune 500 companies in finance, insurance, transportation, healthcare and other industries helping them make intelligent business decisions. ABBYY is a global company with offices in 13 countries. More: http://www.abbyy.com

Featured image: Carlos-E.-Santa-Maria

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Not seeing automation success? Think like a pilot - TechNative

Automation & Development Why Its Worth Investing in This Relationship – Security Boulevard

Good relationships will be stable whenever something goes wrong. But, if you dont invest in your relationships, they wont last long. Lets take, for example, a little crisis that could happen a bug is found in the field! by a customer!How did we miss it? will be the question asked all through the hallways. This is obviously a serious problem, but who do you think is usually held responsible for such a fault?

If you blame the other team (Development / Automation), it looks like youre in a bad relationship.

So, instead of looking at whos to blame, lets talk about:

Both sides should try hard to familiarise ourselves with the current relevant tests, and get the best out of the Dev-Automation relationship and of any other relationship.

First, Automation and Developers, as with any other couple, should live together under the same roof. Working together in the same team, such as R&D, for example, will lead to them sharing the same goals and interests.

Secondly, we should understand what the responsibilities of each team are regarding feature testing.

Next, lets focus on the collaboration between Development and Automation with regard to creating the best possible preventative measures. This will require a process that starts at the feature-design stage.

Whenever a new design is produced, a member of the Automation team should be invited to review it. Having reviewed the design, the Automation engineer will:

At this point, Automation and Development should sit together and go over the planned flows.

Collaboration process between the teams

If you ask managers from our Development team about their experience of working together with Automation, youll regularly hear the following main points:

Here at Imperva, weve productized our automation environment so Dev teams have another option to build, test, and run their components.

I learned the hard way, and am here to tell the story, that its all about transparency. This is the magic word that should always be guiding us both through Automation with Development and through Development with Automation. Either way, its a win-win relationship.

The post Automation & Development Why Its Worth Investing in This Relationship appeared first on Blog.

*** This is a Security Bloggers Network syndicated blog from Blog authored by Neta Palombo Grupi. Read the original post at: https://www.imperva.com/blog/automation-development-why-its-worth-investing-in-this-relationship/

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Automation & Development Why Its Worth Investing in This Relationship - Security Boulevard

VMware Ranked No. 1 in Worldwide IT Automation and Configuration for Third Consecutive Year by Global Analyst Firm – Business Wire

PALO ALTO, Calif.--(BUSINESS WIRE)--VMware, Inc. (NYSE: VMW) today announced that leading analyst firm IDC ranked VMware No. 1 in the worldwide IT automation and configuration management (ITACM) software market (1) for 2019. The industry is transitioning from traditional workload management solutions to automated infrastructure and application configuration and provisioning, DevOps life-cycle operations, and self-service automation of hybrid cloud infrastructure, and VMware is dedicated to supporting its customers as they modernize.

For the third year in a row, customers have helped VMware to the top spot in the Worldwide IT Automation and Configuration category, said Ajay Singh, senior vice president and general manager, Cloud Management Business Unit, VMware. Organizations want solutions that help them streamline operations, modernize infrastructure automation, reduce human error, and more rapidly respond to the needs of their business. That is why VMware is investing in solutions that help customers navigate both the opportunities and challenges of todays fast-changing automation-first environment.

Sustaining Leadership in IT Automation and Configuration Management

The IDC report, Worldwide IT Automation and Configuration Management Software Market Shares, 2019: Market Expands Ahead of Coronavirus Impact, analyzes revenue and growth rate for the total market in 2019, as well as revenues, market shares and growth rates of the leading vendors. According to IDC, VMware led in worldwide IT automation and configuration management software revenue for the third consecutive yearmore than eight percentage points ahead of the No. 2 ranked vendorbased on IDC calculations of 2019 calendar year revenues.

The report notes that IT executives continue to invest in automation across infrastructure and operations and development teams. Private, hybrid, public, and multicloud investments, when combined with automation investments, are driving higher ROIs and faster business outcomes. The report also states, VMware continues to take a strategic focus on its management portfolio, spreading R&D investments across core management suites (vRealize Suite and vCloud Suite) that can enable a lower TCO for its franchise products across datacenter, desktop, networking, security, telecom, and storage products.

Read the complete IDC report (registration required) at:

Additional Resources

About VMware

VMware software powers the worlds complex digital infrastructure. The companys cloud, app modernization, networking, security, and digital workspace offerings help customers deliver any application on any cloud across any device. Headquartered in Palo Alto, California, VMware is committed to being a force for good, from its breakthrough technology innovations to its global impact. For more information, please visit https://www.vmware.com/company.html.

VMware, vRealize and vCloud are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions. This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

(1) IDC, Worldwide IT Automation and Configuration Management Software Market Shares, 2019: Market Expands Ahead of Coronavirus Impact, doc #US46397520, June 2020

Original post:

VMware Ranked No. 1 in Worldwide IT Automation and Configuration for Third Consecutive Year by Global Analyst Firm - Business Wire

Process Automation & Instrumentation Market worth $76.8 billion by 2025 – Exclusive Report by MarketsandMarkets – PRNewswire

CHICAGO, July 30, 2020 /PRNewswire/ -- According to the new market research report,"Process Automation & Instrumentation Marketby Instrument (Field Instrument, Control Valve, Analytical Instrument), Solution (APC, DCS, HMI, MES, PLC, Functional Safety, SCADA), Industry, and Geography - Global Forecast to 2025",published by MarketsandMarkets, the Process Automation And Instrumentation Market is expected to be valued at USD 67.4 billion in 2020 and is projected to reach USD 76.8 billion by 2025, at a CAGR of 2.6%. The factors that are driving the growth of the market include the increasing importance of optimized operating costs and production efficiency, adoption of digital technologies such as IIoT, increased adoption of industrial automation and process control, and optimum utilization of resources to eliminate human intervention.

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"MES segment to grow at highest CAGR in global process automation and instrumentation market"

The manufacturing execution system (MES) helps improve productivity, reduce cycle time, and eliminate human dependency for processing data. MES applications provide cost savings and opportunities in operations and help deliver high performance of production assets across the supply chain. MES provides information that helps manufacturers understand about the current conditions of a plant floor, which can be optimized to improve production output. MES works in real time to enable the control of multiple elements of the complex production process, e.g., personnel, inputs, machines, and support services.

"Control valves segment to grow at highest CAGR in global process automation and instrumentation market"

The requirement of control valves by the industries for ensuring precise flow control, enabling automatic operation, reduced wastage of resources are the factors driving the control valves segment. The increased use of control valves in oil & gas and growing government initiatives pertaining to flow control projects such as gas pipelines and water distribution is positively impacting the growth of control valves.

"Oil & gas and energy & power continued to be the major markets from 2020 to 2025"

Huge demand for electricity, changing requirements of customers to overcome power generation and distribution losses, increasing need for cleaner and smarter energy are the factors driving the market players of energy & power to adopt process automation and instrumentation solutions. On the other hand, huge development across the value chain of the oil & gas industry in past decade due to growing energy requirement helps oil & gas industry to become major industry for process automation. Due to the COVID-19 pandemic, the oil & gas industry has been tremendously hit. The price plunge is due to the excessive supply and the low demand that is being faced by the industry. This has impacted the production of the industry. For the first time in history, the value of a barrel of crude oil has fallen below USD 1. Most of the companies have reduced production to the bare minimum.

Browsein-depth TOC on"Process Automation & Instrumentation Market"241 Tables 57 Figures 300 Pages

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"APAC to be the fastest-growing market for process automation and instrumentation from 2020 to 2025"

The market in APAC is expected to grow at the highest CAGR during the forecast period. The growth of the market during the forecast period is expected due to rising infrastructural investments in energy & power owing to the increase in the demand for electricity and policy makers' pushing for better power reliability; increasing demand for oil & gas and food & beverages to satisfy the growing needs of the large population, rapid industrialization, and consistent growth in industrial activities in the Pacific region, along with favorable government policies. The process automation and instrumentation market for the pharmaceuticals industry in APAC is growing due to low-cost factors and changing regulatory environment. The process automation and instrumentation market in APAC has been studied for China, Japan, India, and the Rest of APAC, however, in the section below, the detailed analysis of the market in China, Japan, and India has been provided. Rapid industrialization in APAC has boosted the manufacturing sector in APAC. The countries of APAC considered in this study have the presence of a large number of small- and mid-sized enterprises (SMEs). However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain, the entire region is affected by the outbreak of COVID-19.

Major players included in the process automation and instrumentation market are ABB (Switzerland), Siemens (Germany), Emerson Electric (US), Schneider Electric (France), and Honeywell International (US). The other key players in this market include companies such as General Electric (US), Mitsubishi Electric (Japan), Rockwell Automation (US), Endress+Hauser (Switzerland), Yokogawa Electric (Japan), and HollySys (China).

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Smart Factory Marketby Technology (DCS, PLC, MES, ERP, SCADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), Industry, and Geography - Global Forecast to 2024

Industrial Control and Factory Automation Marketby Solution (SCADA, PLC, DCS, MES, PLM, PAM, Functional Safety), Component (Industrial Robots, Industrial 3D Printing, Control Valves, Machine Vision, HMI), Industry, and Geography - Global Forecast to 2025

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Process Automation & Instrumentation Market worth $76.8 billion by 2025 - Exclusive Report by MarketsandMarkets - PRNewswire