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Daily Archives: May 9, 2021
TIBCO Redefines the iPaaS Landscape With Advanced Automation Capabilities – Business Wire
Posted: May 9, 2021 at 12:03 pm
PALO ALTO, Calif.--(BUSINESS WIRE)--TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the worlds most complex data-driven challenges. Today, TIBCO announced several milestones for its TIBCO Cloud Integration iPaaS (Integration Platform-as-a-Service), including process automation updates and new accelerators.
Key industry analyst firms recognize TIBCO Cloud Integration as a market leader; most recently Nucleus Research named it a Leader in the 2021 iPaaS Value Matrix, and specifically the top Leader in usability. TIBCO is redefining the iPaaS landscape traditionally used to connect back-office applications and data allowing users on the business front lines to quickly and easily streamline manual processes or develop entirely new automated processes without writing code. Users are able to seamlessly embed business data within these processes, reducing their reliance on IT. These capabilities help address challenges across processes, like driving customer intimacy, operational excellence, or reinventing your business.
On the front lines of the fight against COVID-19, our teams are working around the clock to minister to the community and provide safe, comprehensive care. By partnering with Powerhouse Consulting and TIBCO, we were able to simplify and automate complex business processes and workflows using TIBCO Cloud Integration, including retrieval of patient data and provision of critical information. This enabled eligible citizens to get vaccinated as expeditiously as possible, said Shaunna Shiers, director of operations, Primary and Urgent Care, Catholic Medical Center. As a result, we were able to stand up a support center for patients 100% faster, in a matter of days not months thereby accelerating the vaccine rollout, and helping to protect our most at-risk patients and their families a major advance forward on the road to recovery.
The TIBCO Cloud Integration iPaaS solves key business issues by connecting the enterprise with greater speed, especially as customers look to accelerate digital business initiatives, adapting to market conditions driven by the COVID-19 pandemic. New integration accelerators help customers address various challenges, from tracking and tracing shipments, to managing public transportation infrastructure, all easily accessible within the TIBCO Cloud Integration Marketplace. These accelerators alleviate the need to develop custom integration applications from scratch and ultimately connect businesses faster. Additionally, the TIBCO Cloud Integration Marketplace includes the ability to support user participation, monetization for partners and developers, and become a single place for easy discovery of all integration and processes assets.
Todays customers need ways to streamline and automate their business processes, enabling them to operate with greater speed, efficiency, and agility, said Randy Menon, senior vice president and general manager, Connect and TIBCO Cloud, TIBCO. At TIBCO, we focus on empowering everyone in an organization with easy-to-use tools that allow them to play a key role in ongoing digital transformations. This news showcases how we give all users the power of data insight and connectedness through the ability to deploy applications that have material impact on an organization and its customers, all within days.
A newly enhanced AI-driven experience within TIBCO Cloud Integration will help customers connect their business faster and with greater intelligence. With its new smart data-mapping capabilities, any user can rely on machine learning-powered recommendations for connecting fields between disparate data sources based on historical patterns and continuous learnings. Furthermore, built-in intelligent analytics dashboards powered by TIBCO Spotfire give insights into critical ecosystem metrics, such as API and endpoint usage and API performance, minimizing time between critical business moments and valuable digital business insights.
These comprehensive updates to TIBCO Cloud Integration offer customers advanced automation capabilities, with the goal of empowering any user with faster, smarter data.
To learn more about TIBCO Cloud Integration visit the TIBCO website.
About TIBCO
TIBCO Software Inc. unlocks the potential of real-time data for making faster, smarter decisions. Our Connected Intelligence Platform seamlessly connects any application or data source; intelligently unifies data for greater access, trust, and control; and confidently predicts outcomes in real time and at scale. Learn how solutions to our customers most critical business challenges are made possible by TIBCO at http://www.tibco.com.
TIBCO, TIBCO Cloud, Spotfire, and the TIBCO logo are trademarks or registered trademarks of TIBCO Software Inc. and/or its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification.
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TIBCO Redefines the iPaaS Landscape With Advanced Automation Capabilities - Business Wire
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Insider finance: Automation threatens bond bankers – Business Insider
Posted: at 12:03 pm
Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.
As administrative tasks become automated, bankers are pairing their tech savvy with client-facing responsibilities in order to increase their value.
How bankers are fighting to stay relevant.
Wall Street equity-derivatives traders have become a hot commodity, and hedge funds and investment banks have been fighting to hire and retain them. We compiled a list of recent hires and departures.
When it comes to divorces among wealthy couples, privacy and asset complexity are key challenges. We spoke with six divorce lawyers and experts, who explained how such couples can keep disputes out of the courts.
The money manager also named a COO for its sustainability business and new leaders in the Asia-Pacific region. Read more about all the moves here.
The lawyer for Foxhill and the individual defendants said that they "fully complied with the law."Learn more here.
The fintech recently announced plans to acquire TaxJar, a sales-tax software startup. Experts say Stripe's non-payments products may be an effort to diversify revenue before an IPO. Here are 11 key offerings that Stripe is building out beyond payments.
Banks forced to get creative in frenzied hiring push 'We haven't seen this since the pre-crisis boom days' (Financial News)
$9 billion cybersecurity firm Tanium just announced its new CFO as it assesses whether it's ready to IPO (Insider)
Payday Lenders Didn't Get a Boost From the Pandemic's Hard Times (Bloomberg)
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Insider finance: Automation threatens bond bankers - Business Insider
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SAE Revises Levels Of Driving Automation As Technology Advances – GM Authority
Posted: at 12:03 pm
The Society of Automotive Engineers (SAE) has released a revised rating system for autonomous vehicles that provides further clarity on the differences between the different driving system levels.
The SAE J3016 Levels of Automation range from no driving automation (Level 0) to full driving automation requiring zero human interaction whatsoever (Level 5). The organization says its newly revised rating system refines the previous version of the Recommended Practice with the addition of several new terms, substantial refinement and clarification of misinterpreted concepts, and restructuring of certain definitions into more logical groupings.
One of the most important changes provides further clarity on the differences between an SAE Level 3 and an SAE Level 4 system. An SAE Level 3 system, according to a newly published infographic, will not require any input from the operator when the autonomous system is active, but may request the driver takes over the controls in certain scenarios. A Level 4 system, by comparison, will not require the user to take over the controls, although its automated systems will only work in certain driving conditions. A Level 5 system, meanwhile, will work in all driving scenarios no matter what and will never require the driver to take over the controls at any point.
A good example of a Level 4 system is a geofenced autonomous taxi like the Cruise Origin, which is fully autonomous but can only work within a certain geographic area. A Level 5 vehicle, by comparison, would not be geofenced and would be able to autonomously take its occupants wherever they want to go.
Under the newly amended SAE J3016 Levels of Automation rulebook, SAE Level 1 and 2 driving automation systems have also been given the name Driver Support Systems instead of Automated Driving Systems used for SAE Levels 3 and above. This removes some of the confusion in the previous version of the J3016 standards, which referred to Level 1 systems as automated.
The SAEs amendments will be important as more automakers and autonomous driving companies begin to deploy more Level 3 and above vehicles on public streets in the coming years, helping politicians sort out the legal framework the semi-autonomous and fully-autonomous cars will operate in.
Subscribe to GM Authority for more GM autonomous vehicles news, engineering news and around-the-clock GM news coverage.
Sam McEachern
Sam loves to write and has a passion for auto racing, karting and performance driving of all types.
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SAE Revises Levels Of Driving Automation As Technology Advances - GM Authority
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Automation Solutions in Shale Gas Market Insights and Global Outlook 2021 to 2027 The Shotcaller – The Shotcaller
Posted: at 12:03 pm
Global Automation Solutions In Shale Gas Market Size, Status And Forecast 2021-2027
Global Automation Solutions In Shale Gas Market Size research report with COVID-19 impact is considered to be an extremely intelligent and deep assessment of the present industrial conditions along with the overall Automation Solutions In Shale Gas market size estimated from 2021 to 2027. The study report also showcases a comprehensive analysis of the leading business programs, Automation Solutions In Shale Gas future market share, and business-oriented planning, etc. The report investigates desirable factors related to the current industrial situations, Automation Solutions In Shale Gas market growth rates, demands, differentiable business-oriented strategies used by the Automation Solutions In Shale Gas market manufacturers/Key players concerning distinct tactics and the futuristic prospects in brief.
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The research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.
Top Companiesin the Global Automation Solutions In Shale Gas Market:ABB,Emerson Electric,Honeywell International,Schneider Electric,Siemens,Adept Technologies,Beckhoff,Bosch Rexroth,CgAutomationSolutionsUSA,EYELITE,GE,Idec,Keyenceand others.
This report segments the global Automation Solutions In Shale Gas market on the basis ofTypesare:
On the basis ofApplication, the Global Automation Solutions In Shale Gas market is segmented into:
For comprehensive understanding of market dynamics, the global Automation Solutions In Shale Gas market is analyzed across key geographies namely:United States, China, Europe, Japan, South-east Asia, India and others.Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Avail Discount at
-Comprehensive assessment of all opportunities and risk in the Automation Solutions In Shale Gas market.
-Automation Solutions In Shale Gas market recent innovations and major events.
-Detailed study of business strategies for growth of the Automation Solutions In Shale Gas market-leading players.
-Conclusive study about the growth plot of Automation Solutions In Shale Gas market for forthcoming years.
-In-depth understanding of Automation Solutions In Shale Gas market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Automation Solutions In Shale Gas market.
Browse the report description and TOC:
-Key Strategic Developments:The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features:The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools:The Global Automation Solutions In Shale Gas Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porters five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report:This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
MarketInsightsReports provides syndicated market research on industry verticals includingHealthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Main Automation Contractor (MAC) Market in the Oil & Gas Industry – Global Growth, Trends, and Forecasts 2021-2026 – ResearchAndMarkets.com -…
Posted: at 12:03 pm
DUBLIN--(BUSINESS WIRE)--The "Main Automation Contractor (MAC) Market in the Oil & Gas Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The Main Automation Contractor (MAC) Market in the Oil & Gas Industry is expected to register a CAGR of 6.2% during the forecast period 2021 - 2026
The significant need to increase productivity, improve energy efficiency, ensure seamless operator interfaces, manage alarm overload, and automate the consolidation of operational data for business decisions
In the current competitive and continuously changing technology and business environment, constant complex demands are being placed on the automation systems. The clients today are seeking an optimum solution that allows them to manage their global operations in real-time while decreasing their capital and lifecycle costs.
In the oil and gas industry's processes, there is always a high demand for safety and reliability. The supply chain of the industry has created a significant demand for automation, industry expertise, and an extensive partner network. The complete automation solutions primarily help the oil and gas producers to integrate information, and also control and provide safety solutions, in order to respond to the dynamic global demand.
For instance, in Nov 2019, Honeywell announced that the Kuwait Integrated Petroleum Industries Company selected the Honeywell Process Solutions (HPS) to be the main automation contractor for their new Petrochemicals and Refinery Integration Al Zour Project (PRIZe). Honeywell will provide the KIPIC with front-end engineering design and advanced process control technology, which will help the KIPIC in expediting production start-up while assisting with reaching production targets faster and more efficiently.
Furthermore, the recent outbreak of coronavirus has enabled automation to play a vital role across the production. Amid situation where industries are operating with limited workforce owing to layoffs, and job losses, the deployment of automation is enabling businesses to sustain their production levels with minimum risk and exposure of workers to COVID-19 pandemic.
Key Market Trends
Upstream Segment to Witness Significant Growth
Competitive Landscape
The Main Automation Contractor (MAC) Market in the Oil & Gas Industry is highly competitive owing to the presence of multiple large players ion the market providing their solutions in domestic and international markets. The market appears to be moderately concentrated with major players adopting major strategies such as product innovation, mergers, acquisitions, and partnerships in order to enhance their solution functionality and expand their geographic reach. Some of the major players in the market are Rockwell Automation Inc., Schneider Electric SE, Yokogawa Electric Corporation, Honeywell International Inc., among others.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Preference of Oil & Gas Companies Towards MAC Approach to Avoid Project Management and Integration Complexities
4.3 Market Challenges
4.3.1 Impact of COVID-19 on the Market and Planned Spending Cuts from Major Oil & Gas Companies
4.4 Porters 5 Force Analysis
4.5 Traditional Approach Vs. MAC Approach (Cost Savings Approach)
4.6 MAC Best Practices
4.7 Key Use Cases
5 MARKET SEGMENTATION
5.1 By Sector
5.1.1 Upstream (Offshore and Onshore)
5.1.2 Midstream
5.1.3 Downstream
5.2 By Project Size
5.2.1 Small & Medium (USD 5 million to USD 30 million)
5.2.2 Large (USD 31 million and Above)
5.3 Geography
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Rockwell Automation Inc.
6.1.2 Schneider Electric SE
6.1.3 Yokogawa Electric Corporation
6.1.4 Honeywell International Inc.
6.1.5 Emerson Electric Co.
6.1.6 Siemens AG
6.1.7 ABB Ltd.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/58jeu8
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Laboratory Information Management System Market | Growing Trend of Lab Automation all Over Drive the Market Growth – BioSpace
Posted: at 12:03 pm
Laboratory information management systems (LIMS) have evolved continuously on the back of evolving and changing needs of lab infrastructures for clinical and research ends. The information system (IS) used for management of lab workflows usually automates the testing process across the entire continuum. The continuum spreads across pre-analytical, analytical, and post-analytical processes. The benefits are many: speeding up the overall process of results generation, increasing the accuracy, engaging lab workers, and meeting the customization needs of users.
Some of the key end-use applications of LIMS are in life sciences industry, food and beverages testing, CROs, petrochemical refineries, chemical, and forensics.
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The study on the LIMS market has shed light on the growth dynamics, identifies key segments, estimates shares and size of various segments using best data science tools, and evaluates new consumer trends.
Laboratory Information Management System Market Key Trends
The drive for LIMS market stems from the growing trend of lab automation all over the world. The trend is accelerated by numerous propositions. The need for speedy and accurate results is crucial in disease diagnosis and staging, prognosis, and in ensuring good population health. Another equally robust reason attributing the need for LIMS in automating is reducing the workload and lead time in attaining the results. Another key factor may be the risks of biohazards of the testing samples.
The role of LIMS in real-time decisions is a key trend boosting the prospects in the LIMS market. Over the years, LIMS has proved to be beneficial in environment monitoring and quality assurance.
Laboratory Information Management System Market: Competitive Dynamics and Key Developments
A growing number of players are keen on bringing multiple levels on technologies. Flexible interfaces and configurable features are key focus areas to unlock a consistent consumer values. Over the years, the array of LIMS that can be easily integrated with lab workflows is a key trend shaping the competitive landscape in the market. Advances made in genomics has brought big data relevant in the life sciences industry, opening new avenues for new entrants to compete incumbent players. LIMS helps in centralizing all such data to ensure easy access and subsequent analysis. The need for analyzing downstream data analysis and the adoption of new reagents and equipment by contract research organizations are expected to pave way to new avenues for players to consolidate their shares.
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Some of the key players in the LIMS market are;
Laboratory Information Management System Market: Regional Assessment
On the global front, North America has contributed a sizable share in the past few years. Widespread integration of EHR by healthcare providers and strides made by software in data management are key trends that have propelled the rapid growth of the regional market. Asia Pacific is expected to be a highly promising region. The growth of revenues is fueled by rise in investments in contract research organizations to meet the demands of end-use industries. The proliferation of demand in telehealth and ehealth services in some emerging economies of Asia is a key trend. Outsourcing of LIMS services in India and China has surged over the past few years, and the trend has added a fillip to the expansion of the market.
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https://writeablog.net/6ndjga5n0i
https://www.tradove.com/blog/Eye-Drop-Dispenser-Market-Opportunities-To-2029.html
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ThreatQuotient bets on data-driven automation for SOAR and XDR | News | Safety Explica .co – Explica
Posted: at 12:03 pm
ThreatQuotient has announced ThreatQ TDR Orchestrator, a new data-driven automation feature for more efficient and effective threat detection and response. This feature allows users to control what actions should be taken, when and why by using data.
ThreatQuotient is committed to data-driven automation for SOAR and XDR.
The security industrys approach to automation has overlooked the very different needs of detection and response use cases, he says. Eutimio Fernndez, director of ThreatQuotient Spain. The focus of ThreatQ TDR Orchestrator is the data, not the process. In detection and response, what is learned by taking an action is much more important than the action itself. ThreatQuotient has taken the opportunity to define and deliver automation in a way that reduces complexity for security teams.
With a shortage of security personnel, automation has become a key strategy to offload repetitive tasks and train humans to perform advanced security operations tasks more efficiently. To date, automation has been viewed as the definition of a process and the steps required to complete it. This approach ignores the fact that automation is much more than just executing the process. There are three important stages of automation that need to be defined and addressed:
1. Initiation Define what actions should be taken and when they should occur.
2. Execution Carrying out the defined course of action or process to completion
3. Learning Record what has been learned to analyze it and improve future response
ThreatQ TDR Orchestrator puts intelligence on the platform and not on individual playbooks by using Smart Collections and data-driven playbooks. The application of Smart Collections and Data-driven playbooks allow for easier setup and maintenance, and provide a more efficient automation output. This approach further addresses the three stages of automation Start, Run, and Learn easily and efficiently by allowing users to sanitize and prioritize data in advance, automate only when relevant, and simplify actions taken. It can be used to complement other playbook capabilities through vendor ecosystem partners or users can define data-driven playbooks within the ThreatQ platform. To improve the intelligence of the platform, you will also capture what you have learned to improve data analysis, which in turn improves the start-up phase of automation.
ThreatQ TDR Orchestrator use cases include, but are not limited to, automating the following:
Hunt down key threats as new intelligence is learned and record the results
Deploy blocking and detection content on EDR (Endpoint Detection and Response) and network devices
Enrich threat intelligence that meets complex criteria, including relationships
Assign a user the task of patching a high priority vulnerability that is being used in relevant campaigns.
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ThreatQuotient bets on data-driven automation for SOAR and XDR | News | Safety Explica .co - Explica
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Automated Solutions Take Center Stage in the Warehouse and Distribution Environment – Modern Materials Handling
Posted: at 12:03 pm
By MMH Staff May 3, 2021
Greg ConnerVice President of Corporate DevelopmentBastian Solutions
We continue to be amazed by the number of companies that are trying to understand how automation can positively impact their businesses. While we were uneasy about how many people would attend the show, it was exciting to see all the interactions. There were many great introductions; the seminars and product demos were well attended; and were looking forward to where the future of industry trade shows is headed.
Most importantly, it has never been a more exciting time to be in our industry. Companies realize that investing in the right mix of scalable automation positions them for growth and success, so there is a lot of opportunity. A key focus for us is continuing to invest in our team of industry experts so as to support our growing client base.
After the challenges brought on by 2020, we anticipate market trends that reflect the need for automation and redundancy. The pandemic exposed major weaknesses in the supply chain and companies are looking at ways to mitigate future risk. In the past, automation was largely viewed as a cost savings strategy.
Post-COVID-19, the companies we are talking with are also seeing automation as a means to reduce their exposure to risk. Technologies such as robotic bin picking, micro-fulfillment, and ecommerce automationalong with strategic last-mile fulfillmentare trends we see companies implementing sooner as a result of lessons learned through the pandemic. Consumer buying habits have been significantly altered, further increasing the demand for same-day and next-day delivery.
As an independent systems integrator, Bastian Solutions offers a unique approach. Resiliency starts with system design. Our access to the most advanced technologies coupled with our industry leading software gives us the ability to provide our clients with truly the best solution for their application. As a part of the Toyota organization, we can offer our clients something no one else in the industry can: a truly turnkey solution. With access to over 6,000 skilled Toyota and Raymond support technicians, Bastian Solutions can provide not only system resilience but also peace of mind knowing our field support team is right around the corner. Our growing team of recognized industry leaders is prepared to support our clients by delivering intelligent system designs that offer scalability, accuracy, and the best ROI.
View the related white paper from Bastian Solutions: How to Ease Labor Challenges With Advanced Automation
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Automation of branding is set to increase – 2021 – Articles – Transform magazine
Posted: at 12:03 pm
There has been a shift in perspective around the use of technology and automation being used to enhance creativity and scaling content creation. This is likely due to the accelerated digital transformation of brands through the pandemic.
Half of marketers surveyed reported accelerated digital transformation in 2020.
The acceleration of digital transformation wiped away any lingering doubts about the need to apply automation to creative processes, says Andrew Hally, CMO at Byder.
Digital initiatives depend on a strong brand story and smooth digital experiences, powered by compelling and personalised content.
Not a single respondent working in video, design or a creative comms role reported a decline in demand of their services.
Of the 89% of respondents that believed technology can help creativity within organisations, only 1% said branding cannot be automated, a striking contrast from 23% in 2020.
Automation hasnt yet been broadly applied to upstream creative work, resulting in a content crunch that leaves brands struggling to keep up. Marketers are now ready to tap its potential to meet the demand for growing volumes of content and achieve the agility required for digital marketing, adds Hally.
The 2021 State of Branding report also identified breaking through on digital platforms as the biggest concern for comms creatives, specifically crowded platforms, creative content and brand consistency.
Bynder commissioned independent research specialist, Vanson Bourne, to conduct the research for this report. Between January and March 2021, 1,600 marketing and creative respondents were interviewed across the US, UK, Germany, France and the Netherlands.
View the full report here.
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Over 50% of Logistics Providers Will Focus on Automation to Meet Growing Delivery Volumes, According to Bringg’s State of Last Mile Logistics Report -…
Posted: at 12:03 pm
41% of logistics providers report their biggest challenge to scaling last mile operations is outdated business processes and manual operations, while another 36% point to legacy technology
CHICAGO, May 4, 2021 /PRNewswire/ --Bringg, the leading delivery and fulfillment cloud platform provider, released findings today from a recent survey in its report, State of Last Mile Logistics. The report examines how logistics providers are focusing their last mile operations today, and highlights gaps in how key goals and priorities are being met through last mile technology.
As part of this report, Bringg surveyed 200 logistics leaders who work for companies with 200 - 50,000 employees across eight countries in North America and Western Europe. The results showed that the growth of eCommerce, customer expectations and rising last mile delivery volumes have created a capacity problem that logistics providers are struggling to fill. Over 60% of logistics service providers saw increased demand for last mile delivery, but a lack of visibility, automation and innovative tech is holding them back. 41% say their biggest challenge to scaling last mile operations is outdated business processes and manual operations, followed by legacy technology (36%).
A third-party ecosystem will rise to become the reliable partner for logistics services providers that cannot meet customer demand themselves. However, although there is a strong sense of urgency in the industry to fill the gaps in tech capabilities, it is important to note that meeting short term goals while facilitating long term growth is a key component to overall success.
Key findings in the report include:
"This past year has forced retailers and service providers to assess their supply chain agility and resilience," said Guy Bloch, CEO at Bringg. "While they want to take advantage of growing opportunities in the world of ecommerce, they are challenged by legacy systems, limited visibility and high operational costs. In 2021, we look forward to providing retailers and logistics providers cloud-based delivery and fulfillment solutions that digitize, automate and orchestrate their logistics operations. With greater visibility and control, they in turn can deliver better experiences to their customers."
To download a copy of the State of Last Mile Logistics Report, please visit https://www.bringg.com/resources/white-papers-and-ebooks/state-of-last-mile-logistics.
About BringgBringg helps enterprises scale up and optimize their logistics operations with our data-led delivery and fulfillment cloud platform. Using Bringg, retailers and logistics providers can rapidly enable innovative delivery and fulfillment models that maximize the customer experience, optimize logistics operations and scale business channels for growth. Some of the world's best-known brands in more than 50 countries use Bringg's platform to deliver the perfect last mile experience at peak efficiency across multiple delivery models.https://www.bringg.com
Media ContactKatie McGovernSHIFT Communications [emailprotected]
SOURCE Bringg
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