Daily Archives: February 24, 2022

As the use of mobile technologies such as augmented reality and autonomous mobile robots in manufacturing continues to grow, wireless connectivity on the plant floor is fast becoming an imperative. In addition to making non-fixed automation possible, wireless networks also allow end users to integrate data more easily from large quantities of connected devices spread over a wide area.

However, traditional Wi-Fi may lack the efficiency, security, and control that mission-critical operations require. For instance, in legacy environments that were not designed with wireless connectivity in mind, fluctuations in temperature, humidity, moisture, and vibration, machines that give off an electrostatic charge, and even the placement of metal or glass walls may interfere with the transmission of reliable wireless signals. High device density may also compromise reliability in settings where hundreds or even thousands of sensors may need to be connected to the network. Moreover, the limited range of Wi-Fi may not be suitable for the scale of many industrial operations.

As a result, many manufacturers are turning to private cellular networkssome of which employ 5Gto provide connectivity in their facilities. One such example is British Sugar, which has recently partnered with telecommunications company Virgin Media 02 Business and Nokia to roll out a 4G private cellular network across multiple factory sites spanning a large geographical area. The network is being adopted in conjunction with British Sugars Factories of The Future upgrade initiative.

According to British Sugar, the new network will allow them to more effectively introduce new technologies such as artificial intelligence (AI), automated production lines, robots, and drones. AI will be used to monitor factory operations in real-time and predict maintenance and potential downtime in advance, reducing waste and downtime and cutting costs. Going forward, the company plans to further embrace Industry 4.0 through a planned seven-year partnership with Virgin Media 02 Business and Nokia. Currently, more than 15 digital manufacturing use cases have been planned for British Sugars 4G network, which has been designed to be easily upgradable to 5G.

During testing we were encouraged by the early results seen and as we have begun to roll out the targeted priority use cases to our users; they have been quick to give feedback about the time savings they have seenwith new plant commissioning, plant testing and day-to-day diagnostic processes being highlighted in particular, said Nick Smalley, program manager at British Sugar.

Cellular networkswhether 4G or 5Ghave several advantages over Wi-Fi for operators of expansive industrial facilities. For one, they provide broader coverage with fewer access points, granting end users the network range they need. Beyond that, they have a higher end-device capacity, meaning that the integration of many connected devices will not interfere with reliability. Finally, cellular networks have built-in encryption, and require that end-devices have a SIM (subscriber identification module) card to connect, which limits points of entry and bolsters cybersecurity.

While these benefits can be attained from a public cellular network, a dedicated private network tailored specifically to British Sugars operational needs can provide better coverage and more reliable performance, since it does not require its bandwidth be shared with others. Furthermore, it allows the company to maintain internal control of its confidential data.

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British Sugar Factories of The Future 4g Private Network - Automation World

DUBAI, UAE, Feb. 22, 2022 /PRNewswire/ -- The globalIndustrial Automation Marketis expected to have a significant CAGR of 7% during the forecast period to reach a valuation of US$ 51 Bn by 2026, up from US$ 36 Bn in 2021.

The efficient flow of information across multiple units in anindustryallows for the most efficient conversion of raw materials to completed goods, emphasizing the importance of the connected enterprise system, which is a primary driver for theindustrial automationmarket.

Attributes

Details

Industrial Automation Market CAGR (2022 2032)

7%

Industrial Automation Market (2026)

US$ 51 Bn

Industrial Automation Market Attraction

Demand for real-time analysis of data to underpin growth of the market.

Theindustrial automation market growthcan be attributed to rising demand for real-time data analysis across geographies and increased adoption of cutting-edge technology across end-use industries to improve performance.

The significance of predictive maintenance and asset management solutions, which provide users with better visibility into their equipment condition, is accelerating thedemand for industrial automation solutions.

The efficient flow of information across different units in an industry allows for the most efficient conversion of raw materials to finished goods, highlighting the significance of the connected enterprise system, which augurs well forindustrial automation market future trends.

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Industrial automation solutions adoption trendsare likely to be favoured by governments across the world as they are focusing on the development of process and distinct industries by launching a variety of initiatives and plans backed by investments to boost productivity.

Manufacturers can gain real-time access to plant floor data enabled byindustrial computing and automationtechnologies, which helps them centralize business data and multi-plant operations, thereby surging thesales of the industrial automation solutions.

As per the industrial automation market study, theindustrial automation market sizeis estimated to be aboutUS$ 51 Bnby 2026.

Key Takeaways:

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"The Asia Pacific region controls most of the global industrial automation market. The market is expanding positively and is expected to continue doing so on account ofsmart manufacturing and automation, and integration with the current manufacturing environment. Furthermore, the growing number of application areas, as well as the strong presence ofindustrial automation services companiesand the developing economies of Asian countries, all contribute to the market's growth." says an FMI researcher.

Competitive Landscape:

The industrial automation market appears to be highly competitive. Several well-established machine automation technologies providers form a solid competitive landscape.

These market participants attempt to maintain their positions by investing in collaboration, mergers and acquisitions, partnerships, product/technology launches, and expansion.

These strategies assist market participants in gaining a more significantindustrial automation market shareand meeting their expansion plans. They are primarily concerned with newtechnology advancements in industrial automation.

The market would be subjected to constant innovations and developments, intensifying competition amongtop industrial automation system integrators.

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Recent Developments in the Industrial Automation Marketinclude:

Key Segments

By Deployment:

By Component:

By End-use Industry:

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Key Questions Answered in the Report

Top Reports Related To Industrial Automation Market Insights

Industrial Robotics Market:Rising emphasis on enhancing the productivity of high-volume production lines, particularly in the manufacturing of semi-conductors and electronic devices is favoring the growth in the market.

Refrigeration and Air Conditioning Compressors Market: Rising adoption of refrigeration and air conditioning compressors for various applications will increase the sales at a CAGR of2.7%, reaching a valuation ofUS$ 41.2 Bnby 2029.

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Industrial Automation Market poised to attain US$ 51 Bn by 2026 at 7.0% CAGR by 2032, Says FMI - PRNewswire

RIOS Intelligent Machines, a startup developing artificial intelligence-powered robotic workcells for factory automation, has raised $28 million in Series A equity funding and debt financing.

This new round of funding, together with a $5 million venture round back in 2020, raise RIOS total capitalization to $33 million.

The oversubscribed Series A round was led by new deep tech investor Main Sequence, along with new major investors Yamaha Motor Ventures, Orbit Venture Partners, Hypertherm Ventures, and strong participation from existing investors Valley Capital Partners, Morpheus Ventures, Grit Ventures, and others.

Mike Zimmerman, partner at Main Sequence, is joining RIOS board of directors, and Anish Patel, Yamaha Motor Ventures COO and managing director, has joined as a board observer.

RIOS helps enterprises automate their factory assembly lines, warehouses or supply chain operations, by deploying its AI-powered robotic workcells on the factory floor.

Its robotic workcells are currently deployed in the United States in the manufacturing, consumer packaged goods, and food and beverage sectors.

RIOS pioneered the robots-as-a-service (RaaS) business model for robotic workcells well before other automation providers, and currently offers its robotic workforce through a factory automation-as-a-service agreement, in which customers have no upfront capital commitments.

The company has signed agreements with over a dozen customers in the US and Japan, from mid-size businesses to large enterprises. The new capital will be used to deploy its robotic fleet at scale to both new and existing customers.

Dr Bernard Casse, RIOS CEO, says: Bedrock sectors of our economy are crippled by a labor shortage problem that Covid turned into a full-blown crisis. Today, most factories in the world are labor-intensive, and with millions of jobs unfilled, manufacturers are unable to keep up with skyrocketing consumer demand and they are in extreme pain.

We have the cure to this trillion-dollar opportunity. Were re-industrializing America with best-in-class American technology, while upskilling our American workforce in the process and enabling them to access higher-level and better-paying jobs.

RIOS focuses on the last frontier of automation in factories, in which traditional automation breaks down. It has built a new breed of robots possessing unparalleled levels of dexterity, cognitive skills and autonomy, which are geared up to tackle hard-to-automate tasks in unstructured environments.

Today, the company has engineered some of the most sophisticated hardware and software and artificial intelligence platforms in the robotics space, which includes human-like tactile sensors for robots, haptics intelligence platform, and highest performance end-of-arm tooling.

Steve OHara, Managing Partner at Valley Capital Partners and a board member of RIOS, says: We are pleased to see the tremendous growth at RIOS since our initial investment.

From day one we were impressed with the RIOS team and believed their data-focused and full-stack technology approach would help differentiate them quickly as the demand for automation services grew.

We are excited to see how quickly their pipeline has grown, far exceeding our expectations from a robotics company at their size and stage and couldnt be more excited to continue to partner with Bernard and his team to build a world-class technology company.

RIOS value proposition to its customers are production-grade machines that meet throughputs and KPIs, are easy to use, have practically zero downtime, and can be integrated within their existing workflows. RIOS solutions offering comes with the fastest delivery on the planet and a premier customer experience.

RIOS business proposition and superior technology stack allows manufacturers of all sizes to access world-leading automation with no capital investment, helping them to reliably scale to meet their growing demand.

Mike Zimmerman, lead investor, says: RIOS combination of RaaS business model and adaptable end-to-end robotic workcell platform is the ideal answer to the labor and supply chain challenges facing manufacturers around the globe. Main Sequence was attracted to RIOS strong market traction, positive customer feedback and world-class team.

Were also thrilled that RIOS is strategically tapping into Australias ecosystem of industry experts, research institutions, and commercial companies to both commercialize innovative robotic technologies and get early access to the Australian market.

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RIOS raises $28 million to automate 'old-line industries' with AI robotic workcells - Robotics and Automation News

Leading Internet-of-Things (IoT) vendors are adopting OPC UA technology for edge-to-cloud applications. The growing list includes Amazon Web Services (AWS), Google Cloud, IBM, Microsoft, SAP and SIEMENS.

Key drivers behind this progression are, first and foremost, the global adoption of OPC UA as the open standard of choice for secure production-system interoperability across OT and IT networks, leveraging standardized data exchange. As such, there are over 850 registered OPC Foundation members supporting a large, rapidly growing eco-system of end-users, standards bodies, and vendors.

Second, OPC UA uses a standardized method of defining, discovering, and using Information Models (IMs) and services associated with the production systems. This standardized approach to semantic information sharing prevents vendor lock-in and costly custom programming needed for non-standard IM ingestion in the cloud. With the launch of the UA Cloud Library, OPC UA IMs are globally available to all cloud applications, making it easy for cloud applications to directly utilize OPC UA-based semantic information as well as live data coming from the edge.

Third, as a transport-agnostic, IEC standard, OPC UA is supporting two different communication patterns: Client/Server (over e.g. TCP or WebSockets) as well as Publish/Subscribe (over e.g. UDP or MQTT) to meet different industry requirements from the production systems to edge and cloud scenarios.

Fourth, the quality assurance program of the OPC Foundation extends to the OPC UA Publish/Subscribe communication patterns and forms the first multi-vendor, multi-cloud standard. Interoperability workshops, including leading PLC vendors, like Beckhoff and Siemens, sending OPC UA data from the controller, over MQTT, have already started.

Fifth, end users benefit from and eagerly welcome the commitment from major IoT vendors that support OPC UA as a standard for IoT communications. Stefan Hoppe, President of the OPC Foundation says: Its thrilling to see that OPC UA is the one solution harmonized for process and factory automation, scaling from field to cloud (and back). The continued vision of the OPC Foundation to establish OPC UA as THE open standard of choice for data interoperability throughout the world of automation started and flourished with controllers and visualization systems and has now reached IT & the cloud. This will lead to a further growth of the open eco-system, based on OPC UA.

The criteria for companies to be listed with these features is that they either support OPC UA over MQTT in their products today or that it is on their development roadmap.

See the testimonials from IT/OT companies:

AWSSanat Joshi, Managing Director, Manufacturing Industry Solutions, AWS:AWS understands the complexity of industrial data connectivity and the challenges manufacturers and industrial customers face implementing IIoT and Industry 4.0 applications. This is why AWS has a portfolio of services that extend cloud functionality into industrial operations to provide industrial edge capability. With AWS IoT Greengrass and SiteWise connecter, manufacturers can securely ingest OPC UA-based data onto AWS with open data access for real-time visualization, analytics, and machine learning to drive operational efficiencies, innovation, scalability, and agility.

BECKHOFFSven Goldstein, Product manager Connectivity, BECKHOFF:Beckhoff is the first automation vendor to support OPC UA Pub/Sub using both UDP and MQTT. The requirement to connect industrial assets in a secured and standardized format to the cloud is of utmost importance and an emerging topic in all industry sectors. With its PC-based control architecture, Beckhoff can easily adapt new communication technologies to enable machine builders to connect their assets directly to the cloud.

Google CloudCharlie Sheridan, Global Technical Directory Manufacturing, Automotive & Energy - Google Cloud:"Google Cloud is committed to openness and industry collaboration. By contributing to and leveraging the OPC UA Cloud Library, we can enable "cloud-based" access to OPC UA information models for our customers and partners. OPC UA will be our way of incorporating machine data into our data analytics and AI capabilities, to ultimately deliver on the promise of accessible data and easy-to-use AI across factories."

IBMUlas Cubuk, IBM App Connect for Manufacturing Product Manager, IBM:"IBM has a long-running partnership with OPC Foundation. OPC Foundations dedication to ensuring interoperability in automation was the number one choice for this partnership. We had a long journey in helping our customers to build patterns to publicize OPC UA messages via MQTT. Now we want to step up this game by adapting the OPC UA PubSub specification."

MicrosoftErich Barnstedt, Chief Architect Standards & Consortia, Azure IoT, Microsoft Corporation: Microsoft was the first vendor to support OPC UA PubSub over MQTT when we launched Microsoft OPC Publisher in 2016. Additionally, Microsoft has been working with the OPC Foundation on the OPC UA PubSub specification since the beginning.

SAPClaudius Link, Senior Vice President Engineering Manufacturing and Industrial IoT at SAP SE: SAP welcomes the evolution of standards to solve issues in the customers reality today, hybrid cloud and edge computing solutions are becoming the norm and the basis for many customers to accelerate their digital transformation. As a member of the OPC Foundation, SAP is committed to simplifying the integration of industrial and business operations, based on open communication patterns as defined by the OPC Foundation.

SiemensMelanie Ruhe, Head of Global Product Management MindSphere:Siemens Mindsphere is fully committed to OPC UA with its powerful data modelling capabilities and rich platform services to effortlessly connect shopfloor devices.

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Leading IoT Vendors Commit to OPC UA Adoption - Automation World

FRISCO, Texas, Feb. 23, 2022 /PRNewswire/ --Redwood Software and Advanced Systems Concepts, Inc. (ASCI) leaders in business and IT process automation today announced their merger and the addition of several new senior executives to its leadership team. The combination solidifies Redwood Software's position as the leader in business and IT process automation, now with the richest suite of automation capabilities, global reach and a world-class 24/7 dedicated customer success network.

Turn/River began consolidating these teams in 2019 when it acquired Advanced Systems Concepts, Inc. It added JSCAPE, a leading managed file transfer (MFT) platform, in 2020. Redwood is the latest acquisition, joining the platform in 2021. The combined companies will move forward as Redwood Software. ASCI's ActiveBatch and JSCAPE products will continue as distinct brands of Redwood Software, together with Redwood Software's leading cloud-based platform, RunMyJobs, the only workload automation solution specifically designed for the cloud.

"We see a huge untapped opportunity in the automation market that Redwood Software serves," said Matt Amico, a Turn/River principal and member of the Redwood Board of Directors. "By joining forces, we will redefine what's possible for enterprise customers looking to transform their mission critical operations with an intelligent, extensible and reliable suite of automation solutions that serve the entire enterprise automating processes from IT to finance to HR."

Additionally, the company announced significant expansions to its executive ranks. Kevin Greene, the former software chief at Logi Analytics, has joined as Redwood Software's new CEO. Joining Greene are Ashish Joshi, serving as Redwood's COO and CFO, Abhijit Kakhandiki as its Chief Product Officer, and Patty Donnelly as its Chief People Officer.

"We're thrilled to be joining this one Redwood team," said Redwood CEO Kevin Greene. "We've seen few companies facing such a large opportunity to impact so many mission-critical enterprise operations. By joining forces, our global reach will now empower us to redefine what's possible, bringing together the industry's top business process and automation engineering minds with unparalleled customer success."

Greene joined Redwood last month and is leading this next phase of growth for the company. He has more than 25 years of experience as an operator, investor and banker working with breakthrough enterprise software companies, including most recently as CEO of Logi Analytics. Prior to that, he spent 16 years in various venture capital, operating and investment banking roles at Valhalla Partners, Flagship Ventures, IBM and Goldman Sachs.

Joshi joins Redwood after serving as CFO for Optiva, a public company listed on the Toronto Stock Exchange. He has more than 20 years of experience as a finance and operations leader at Dell Technologies, GE Capital, Colfax Corporation and Go2Activity.

Kakhandiki joins Redwood and brings more than 30 years of deep product knowledge in the automation space. Most notably, he led product development as EVP of Product and Engineering at Automation Anywhere.

Donnelly brings more than 30 years of HR and talent management experience working with organizations ranging from high-growth entrepreneurial environments to large global companies. She's held leadership positions at Logi Analytics, Inovalon, Ciena, USi/ATT, Betrusted and PwC.

To learn more about Redwood Software and their products, visit: https://www.redwood.com/

About RedwoodRedwood Software delivers IT, finance and business process automation to help modern enterprises excel in the digital age. Redwood orchestrates and automates business processes across complex hybrid IT environments so enterprise organizations can focus on business agility, cost efficiency, and customer experiences. Our automation solutions help thousands of organizations across 150 countries execute with speed and precision. Learn more at http://www.redwood.com.

About Advanced Systems Concepts, Inc.Advanced Systems Concepts, Inc. (ASCI) is the creator of ActiveBatchsoftware, which helps organizations automate and manage their business and IT processes in a single platform. ASCIenables companies to reduce costs, both by eliminating human error and by allowing them to redeploy resources into more high-value tasks. Learn more at http://www.advsyscon.com.

About Turn/River CapitalTurn/River specializes in growth capital investments, founder liquidity, buyouts, spin-outs, and recapitalizationsof technology, web, and SaaS companies. Its strategy is to combine rigorous, iterative marketing, sales, and operational execution with flexible capital to help companies double and triple their growth and build value for everyone. Turn/River Capital is headquartered in San Francisco. For more information, please visit http://www.turnriver.com.

Contact info: Katti Wolfe, [emailprotected]

Phrase Bank AppendixThis news follows the acquisitions by Turn/River Capital, a leading technology-focused growth equity firm, of ASCIin 2019, JSCAPEin 2020 and Redwood Software in 2021.

SOURCE Redwood Software

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Redwood Software and Advanced Systems Concepts, Inc. (ASCI) Join Forces, Extending Leadership in Business and IT Process Automation - PRNewswire

The Process Automation and Instrumentation Market 2022-2028 report provides a detailed analysis of the dynamic of the market with extensive focus on secondary research. The report sheds light on the current situation of the market size, share, demand, development patterns, and forecast in the coming years.

The research report aims to provide reliable and useful Process Automation and Instrumentation industry information and data on the national and international markets thereby helping the market leaders, investors, small businesses, and others gain market intelligence from around the world. The report provides the global Process Automation and Instrumentation market players the insights needed to make key decisions with regard to international markets like expansion and investments. The Process Automation and Instrumentation report anticipates future economic, business, and political factors and trends that may impact their performance at regional and international level. The multinational businesses that are on top in the Process Automation and Instrumentation marketplace in the recent years and the topics related to the selected markets are covered in the report.

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Leading players of Process Automation and Instrumentation Market including:

Siemens, Yokogawa, Endress+Hauser, Emerson, General Electric, ABB Ltd, HOLLYSYS, Schneider Electric, Honeywell, Mitsubishi Electric, Rockwell Automation.

The market report analyzes top players that dominate the Process Automation and Instrumentation market. The study reviews the characteristics of the Process Automation and Instrumentation industry and the major manufacturers in the world marketplace. The report provides an enhanced and comparative understanding of the market with the help of financial and SWOT analysis. Additionally, the current technology integrations made by the manufacturers for operational efficiency and to improve the market value, current financial situation of the manufacturers is explored in the report. The study also analyzes the positive and negative impact ofization and covid-19 pandemic on the manufacturers and the survival strategies adopted by the players.

The Process Automation and Instrumentation research report will also study market share for major stakeholders in their global capacity as transformers of the global scale. This qualitative and quantitative analysis will include key product offerings, key differentiators, revenue share, market size, market status, and strategies. The report will also cover key agreements, collaborations, and global partnership soon to change dynamics of the market on a global scale.

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Significant market topics like investment opportunities in near term and long run, market threats, growth prospects, market approaches to sustain the market and improve market performance are included in the report. The report studies and highlights those players in the market that have the greatest share of actions and have vastly improved in terms of market share, market size, annual revenue, annual sales, and production. It presents the threats, the recovery measures undertaken by the organizations, and opportunities in the new normal. The changed consumer behavior and attitude towards the product & services and the changing demands are highlighted in the report.

The research report also looks at the preceding industrys Process Automation and Instrumentation as well as the estimated market worth based on regional research. The Process Automation and Instrumentation market study report provides a logical and comprehensive assessment of current competition and future trends. Aside from the financial overview, the commodities division component shares, sales data, the organizations presence, and the corporate profile section all provide essential information about the key stakeholders.

Process Automation and Instrumentation market Segmentation by Type:

By Instrument (Field Instrument, Control Valve, and Analytical Instrument), Solution (Advanced Process Control (APC), Distributed Control System (DCS), Human Machine Interaction (HMI), Manufacturing Execution System (MES), Programmable Logic Controller (PLC), Safety Automation, Supervisory Control and Data Acquisition (SCADA)), Industry (Oil and Gas, Food and Beverage, Pharmaceutical and Bio-pharma, Chemical and Petrochemical, and Others)

Process Automation and Instrumentation market Segmentation by Application:

NA

Regional Analysis:

North America (U.S., Canada, Mexico) Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS) Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific) Latin America (Brazil, Rest of L.A.) Middle East and Africa (Turkey, GCC, Rest of Middle East)

The report is developed by a team of analysts and supported by leaders in the field of Process Automation and Instrumentation industry. The important data about the market is provided in the report that helps the industry players collate the information for precise forecasts and analysis.

SWOT Analysis on COVID-19 Outbreak- Process Automation and Instrumentation Players

The report provides all the crucial government announcements, regulatory and policy changes in certain countries or regions and gives a better understanding of the ongoing trade scenarios in the Process Automation and Instrumentation market. The report enables the business leaders make informed business decisions by providing in-depth market study and the top competitors in the industry. The challenges the businesses are facing in the current market scenario such as due to the pandemic are identified in the report to help them build effective business strategies and reach the customers by implementing strategic business models. The report develops a deeper understanding of the market and provides relevant insights to allow strategic thinking. The report positive and negative impact ofization and covid-19 pandemic on the manufacturers and the survival strategies adopted by the players.

Key Questions Answered through the Report

(1) How will the global Process Automation and Instrumentation market perform during the forecast period? What will be the market size in terms of value and volume?(2) Which segment will drive the global Process Automation and Instrumentation market? Which regional market will show extensive growth in the future? What are the reasons?(3) How will the Process Automation and Instrumentation market dynamics change because of the impact of future market opportunities, restraints, and drivers?(4) What are the key strategies adopted by players to sustain themselves in the global Process Automation and Instrumentation market?(5) How will these strategies influence the Process Automation and Instrumentation market growth and competition?

Table of Content:

1 Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology1.5 Economic Indicators1.6 Currency Considered2 Executive Summary3 Global Process Automation and Instrumentation by Players4 Process Automation and Instrumentation by Regions4.1 Process Automation and Instrumentation Market Size by Regions4.2 Americas Process Automation and Instrumentation Market Size Growth4.3 APAC Process Automation and Instrumentation Market Size Growth4.4 Europe Process Automation and Instrumentation Market Size Growth4.5 Middle East & Africa Process Automation and Instrumentation Market Size Growth5 Americas6 APAC7 Europe8 Middle East & Africa9 Market Drivers, Challenges and Trends9.1 Market Drivers and Impact9.1.1 Growing Demand from Key Regions9.1.2 Growing Demand from Key Applications and Potential Industries9.2 Market Challenges and Impact9.3 Market Trends10 Global Process Automation and Instrumentation Market Forecast11 Key Players Analysis12 Research Findings and Conclusion

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Process Automation and Instrumentation Market Analysis and Demand with Future Forecast to 2028 | Siemens, Yokogawa, Endress+Hauser, Emerson, General...

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) the worlds largest company dedicated to industrial automation and digital transformation, and its professional services arm Kalypso, which helps some of the worlds largest and most influential companies discover, create, make and sell better products with digital, today announced the details surrounding its upcoming webinar, Digital Performance Management in Manufacturing, to be held on Wednesday, March 9, 2022 from 10 a.m. 11 a.m. CT.

WHAT: Led by Jeff Miller, Director of Digital Performance Management at Kalypso, a Rockwell Automation Company, and Craig Melrose, EVP of Digital Transformation Solutions at PTC, Inc., the webinar will explore industrial problem-solving through Digital Performance Management. Through discussion, presentation of field examples and an audience Q&A, Craig and Jeff will explain how:

Attendees will learn how to:

WHERE: Guests can register to attend by creating an account here. The presentation will also be available on demand when complete.

About Kalypso

Kalypso, a Rockwell Automation company (NYSE: ROK), is a professional services firm helping clients discover, create, make and sell better products with digital. The firm provides consulting, digital, technology, business process management, and managed services across the innovation value chain. For more information, visit https://kalypso.com. Follow @KalypsoLP on LinkedIn and Twitter.

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Kalypso to Participate in Digital Performance Management in Manufacturing Webinar with Rockwell Automation - Business Wire

The oil company has already automated over 1,000 business processes and is now looking to level up its partnership for its retail segment.

Enoc Group is aiming to expand its partnership with SAP to automate new business. With over 1,000 business processes already automated, the next step in its strategy is to transform its retail business segment by strengthening its association to support its ongoing digital transformation.

A meeting was held recently at Enoc, with senior executives from both companies attending to discuss the details of the next phase. As the local news site Trade Arabia reported, the reunion included the presence of Saif Humaid Al Falasi, Chief Executive Officer at Enoc Group; Hesham Ali Mustafa, Managing Director - Shared Services Centre, Group HR and New Business Development at Enoc Group; Mohammed Al Rais, Director- Group IT; and Christian Klein, Chief Executive Officer and member of the Executive Board of SAP.

The objective of the meeting was to identify different opportunities for evolution as well as developing a roadmap for the digital transformation of the oil company. The announcement comes after SAP recently recognised Enoc Group as the winner of its SAP Quality Awards for Customer Success in the Business Transformation - On Premise category.

Building a strong foundation to further drive our digital transformation efforts is key to our ongoing success at Enoc, and we will continue to invest in technologies and solutions that will enable future growth for our business operations. We are delighted to work together with SAP on the next phase of our digital journey to realize our business transformation across segments and business units, which we are confident will enhance efficiencies across our operations, said Al Falasi as the media outlet reported.

SAPs partnership with Enoc is a key enabler of our continued growth in the UAE. Enocs strategic focus on digital transformation is evident in the companys increased efficiency and agility and sets a dynamic example in the regions energy sector. SAP is proud to have played a vital role in Enocs digital journey and we are excited for the next phase of the companys transformation, added Sergio Maccotta, Senior Vice President, Middle East South at SAP.

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UAE: Enoc to expand partnership with SAP for retail automation - PetrolPlaza.com

Fortune Business Insights

Companies in the Distribution Automation Market are Siemens (Germany), Schneider Electric (France), S&C Electric Company (U.S.), Eaton (Ireland), GE (U.S.), Mitsubishi Electric (Japan), Schweitzer Engineering Laboratories (SEL) (U.S.), ABB (Switzerland), G&W Electric Co. (U.S.), Toshiba (Japan), Hubbell (U.S.), Hitachi (Japan), Itron (U.S.)

Pune, Feb. 21, 2022 (GLOBE NEWSWIRE) -- The Distribution Automation Market size was USD 10.89 billion in 2020. The market is projected to grow from USD 11.63 billion 2021 to USD 19.47 billion in 2028 at a CAGR of 7.6% during the 2021-2028 period. This vital information is presented by Fortune Business Insights, in its report, titled, Distribution Automation Market, 2021-2028. Factors, such as the ability to provide real-time operational notifications and perform demand optimization and asset optimization, will boost the market during the forecast period.

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Companies Operating in Distribution Automation Market

Siemens (Germany)

Schneider Electric (France)

S&C Electric Company (U.S.)

Eaton (Ireland)

GE (U.S.)

Mitsubishi Electric (Japan)

Schweitzer Engineering Laboratories (SEL) (U.S.)

ABB (Switzerland)

G&W Electric Co. (U.S.)

Toshiba (Japan)

Hubbell (U.S.)

Hitachi (Japan)

Itron (U.S.)

Report Scope & Segmentation

Report Coverage

Details

Forecast Period

2021 to 2028

Forecast Period 2021 to 2028 CAGR

7.6%

2028 Value Projection

USD 19.47 Billion

Base Year

2020

Market Size in 2020

USD 10.89 Billion

Historical Data for

2017 to 2019

No. of Pages

190

Segments covered

Utility, Component, and Region

Growth Drivers

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Asia Pacific to Witness Dominant Market Growth due to Rapid Urbanization

Novel Product Launched to Help Dominant Players Fortify their Current Market Positions

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Story continues

COVID-19 Impact

Pandemic-related Disruptions to Slow Down Market Growth

The COVID-19 pandemic slowed down distribution automation market growth significantly, leading to substantial revenue losses. Automation solutions providers and device manufacturers experience numerous challenges, including difficulties in obtaining raw materials and components required for production. These factors led to several supply chain delays. In addition the aforementioned factors, stringent lockdown regulations impacted the demand for distribution automation solutions considerably.

To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/distribution-automation-market-106350

Segments

Utility, Component, and Region are studied for the Market

On the basis of utility, the market is divided into private utility & public utility.

By component, the market is branched across field devices, software, and services.

In terms of geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage

The distribution automation market study offers an in-depth analysis of the industry in terms of segments and subsegments. Furthermore, the study aims to justify and highlight the highest demand of all present segmentation presumed while compiling the study. Factors such as trends, drivers, opportunities, threats, and restraints surrounding the market are discussed in the report. The report also offers a detailed list of the dominant players in the market along with their accompanying strategies.

Drivers & Restraints

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Rising demand for electricity and grid infrastructures is expected to open new revenue opportunities for the market during the forecast period. Increasing demand from residential, commercial, and industrial sectors and rising technological adaption will further increase the footprint of the market. Also, increasing instances of upgradation of power distribution systems will boost the growth of the market.

However, high installation costs are expected to limit the distribution automation market growth during the forecast period. Also, rising technical complexities will further hinder the market growth.

Regional Insights

Asia Pacific to Witness Dominant Market Growth due to Rapid Urbanization

Asia Pacific will occupy the largest distribution automation market share during the forecast duration owing to rising investment avenues for smart grid projects. Additionally, factors such as rapid urbanization and rising consumer awareness towards green energy will fuel the growth of the market share.

North America will contribute a significant value due to technological advancements in IoT and other communication-based systems. Also, increasing presence of the dominant players for the distribution automation sector will boost the market growth.

Europe is expected to contribute a significant market share during the forecast period owing to rising investments opportunities in grid expansion projects coupled with the rising complexity towards power distribution infrastructure to name a few.

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Competitive Landscape

Novel Product Launched to Help Dominant Players Fortify their Current Market Positions

The distribution automation sector is extremely competitive and fragmented with many key players trying to operate using various strategies in order to gain a competitive advantage. The industry is often striving to come up with new innovations as fault indicators, smart relays, automated feeder reclosers, automated capacitors, and voltage regulators on a regular basis. For example, in June 2021, S&C Electric Company announced the launching of their newly redesigned Vista Underground Distribution Switchgear for supporting visible sustainability goals. Ratings for 38 kV and 25 kA are available in this product.

Industry Development

July 2020: Schweitzer Engineering Laboratories (SEL) launched a system-hardening solution to improvise the security of electric power protection and control systems. With these solutions, Cyber Services will have the ability to evaluate the systems against NIST cybersecurity framework.

Table of Contents

Introduction

Research Scope

Market Segmentation

Research Methodology

Definitions and Assumptions

Executive Summary

Market Dynamics

Market Drivers

Market Restraints

Market Opportunities

Key Insights

Key Emerging Trends For Major Countries

Latest Technological Advancements

Regulatory Landscape

Industry SWOT Analysis

Porters Five Forces Analysis

Qualitative Analysis Impact of COVID-19

Impact of COVID-19 on the Distribution Automation Market

Steps Taken by the Government to Overcome the Impact

Key Developments by the Industry Players in Response to COVID-19

Potential Opportunities and Challenges due to COVID-19 Outbreak

Global Distribution Automation Market Analysis (USD Billion), Insights and Forecast, 2017-2028

Key Findings / Summary

Market Analysis, Insights and Forecast By Utility

Public

Private

Market Analysis, Insights and Forecast By Component

Field Devices

Software

Services

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Distribution Automation Market to reach USD 19.47 billion by 2028 Increasing Demand from Residential, Commercial, and Industrial Sectors to Sustain...

The Distribution Automation Terminal market research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Distribution Automation Terminal derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Distribution Automation Terminal market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).

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A systematic step framework for How to Tackle The Situation MITIGATE | SUSTAIN | GROW: Business Strategy Recovery, Scenario and Planning

Key Segments Studied in the Global Distribution Automation Terminal Market

According to this latest study, the 2021 growth of Distribution Automation Terminal will have significant change from previous year. By the most conservative estimates of global Distribution Automation Terminal market size (most likely outcome) will be a year-over-year revenue growth rate of % in 2021, from US$ million in 2020. Over the next five years the Distribution Automation Terminal market will register a % CAGR in terms of revenue, the global market size will reach US$ million by 2026.

This report presents a comprehensive overview, market shares, and growth opportunities of Distribution Automation Terminal market by product type, application, key manufacturers and key regions and countries.

Segmentation by type: breakdown data from 2016 to 2021, in Section 2.3; and forecast to 2026 in section 11.7.

Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 11.8.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porters Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

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Market analysis requires careful attention to the following:

Competitiveness Industry concentration This is a measure of the number of firms in an industry and the size of the predominant firms in the industry. It indicates the nature of the competition. Identify the most important players in the industry. What percent of the market is controlled by the largest companies (for example, the four largest firms)? What is the market share of each major firm? What is the number of firms over a certain size? Is there a dominant industry leader? Who is it?

Key Points Covered in Distribution Automation Terminal Market Report: Study Explore COVID 19 Outbreak Impact Analysis

Continued.

..and view more in complete table of Contents

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