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Category Archives: Automation
Global Network Automation Market Garnered around USD 15 Billion in 2021 and to Grow with a CAGR of ~22% during 2022-2031; Market to Grow on Account of…
Posted: October 19, 2022 at 2:43 pm
Kenneth Research
Key Companies Covered in the Global Network Automation Market Research Report by Kenneth Research are Micro Focus International plc, Cisco Systems, Inc., IBM Corporation, Telefonaktiebolaget LM Ericsson, NetBrain Technologies, Inc., Versa Networks, Inc., BMC Software, Inc., BackBox Software Ltd., HCL Technologies Ltd, Forward Networks, Inc, and others.
New York, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Kenneth Research has published a detailed market report on the Global Network Automation Market for the forecast period, i.e., 2022-2031 which includes the following factors:
Market growth over the forecast period
Detailed regional synopsis
Market segmentation
Growth drivers
Challenges
Key market players and their detailed profiling
Global Network Automation Market Size:
The global network automation market gathered around USD 15.0 billion in 2021 and to grow with a CAGR of ~22% during the forecast period. The need for automated networks among enterprises which is fueled by better network architectures and management tools is responsible for the expansion of the market. For instance, small and medium-sized enterprises (SMEs) are the base of the global economy, according to the World Bank. SME enterprises make up about 95% of all businesses worldwide and account for 55% of all jobs. Almost 585 million business owners populate around the world in 2019. The need for network automation to ensure the efficient operation of businesses grows as their number increases. Additionally, a more automated infrastructure uses fewer manual processes, which lowers operating costs. The World Bank estimates that by 2020, 60% of people will be internet users, up from 7% in 2000. As more people rely on the internet for their daily tasks, the network system has grown complex and can only be made simpler with the aid of automation.
Get a Sample Copy of This Report @ https://www.kennethresearch.com/sample-request-10154360
Global Network Automation Market: Key Takeaways
North American region acquires a significant share of the revenue
Large enterprises to influence the revenue graph
Telecom & IT segment retains prominent in the end-user segmentation
Story continues
Increasing Remote Workers and Network Traffic to Boost the Market Growth
It is estimated to be a dramatic increase in remote workers from about 8% to around 31%. Pre corona estimates that roughly 56 million people are expected to work full-time in the ICT sector globally in 2020, up 4 percent from 2019. The demand for network automation is rising globally as a result of the growing number of IT personnel. In addition to this, the COVID-19 pandemic had a favorable effect on the network sector owing to the change in working habits that included working from home. Additionally, the overall data traffic of the network increased after the pandemic started. The aggregate data volume across Verizons networks, for instance, has increased 19% from pre-covid levels according to the provider of wireless products and services.
On account of its manual nature of up to 96% of network upgrades, operational expenses are typically 2-3 times greater than the network costs. In order to keep up the online realm, organizations are increasing the centrally and distantly managed IT and networking automation.
Global Network Automation Market: Regional Overview
The global network automation market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.
Browse to access In-depth research report on Global Network Automation Market with detailed charts and figures: https://www.kennethresearch.com/report-details/network-automation-market/10154360
Presence of Leading Vendors and Increased Investment in Infrastructure to Drive the North American Market
The growing reliance of the populace on the network as a result of their higher quality of living is expected to drive the growth of the North American region over the forecast period. The United Nations Conference on Trade and Development claims that North America has digital platforms that collect a lot of data from user bases around the world. The country has been vying for AI supremacy on a worldwide scale and is projected to contribute USD 3.7 trillion to the world economy by the year 2030. Additionally, the major corporations, increased investment by providers of network automation solutions, and technology adoption drive the market in the region. For instance, Cisco Systems, the leading vendor, held a roughly 55% share of the global ethernet switch market. Additionally, in terms of global comparison, the U.S. produces the most revenue USD 14 million, with an annual growth rate of about 4% in 2022. The enterprise network infrastructure segment is expected to have average spending per employee of USD 83 in 2022.
Significant Expenditures in Network Infrastructures to Fuel the Market in the Asia Pacific Region.
On account of significant investments made by businesses in legacy hardware network infrastructure and their reluctance to quickly switch to virtual network models, the physical network segment in China accounted for more than 58% of the total revenue in 2021. The Enterprise Network Infrastructure segments revenue is anticipated to reach about USD 14 billion in 2022 with a compound annual growth rate of nearly 5%. Additionally, the segments average spending per employee is anticipated to reach USD 17 in 2022 in China. The increased investment in network infrastructure to support the business in the region.
Get a Sample PDF of Global Network Automation Market @ https://www.kennethresearch.com/sample-request-10154360
The study further incorporates Y-O-Y growth, demand & supply and forecasts future opportunities in:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
Global Network Automation Market, Segmentation by Enterprise
The large enterprises segment is anticipated to hold substantial market share over the forecast period. There were around 0.67 million large enterprises with almost 252 or more employees predicted to exist globally in 2019, up from over 0.6735 million in 2018. Additionally, there were an estimated 215 million enterprises operating globally in 2019. The physical network configuration enables businesses to deploy physical network hardware inside their establishments to carry out essential operational tasks.
Furthermore, the total data generated daily across all industries amounts to over 2 quintillion bytes. By 2023, the value of this data is predicted to be over USD 78 billion. The demand for network automation is growing as there are higher number of large enterprises and more data produced worldwide that are necessary for the efficient operation of these industries.
Access full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.kennethresearch.com/sample-request-10154360
Global Network Automation Market, Segmentation by End User
Healthcare
Telecom & IT
Energy and Utilities
Manufacturing
Others
The telecom & IT segment is predicted to hold the biggest share over the forecast period. The worldwide IT & telecom industry in 2021 was calculated to be around USD 1,900 billion in 2021; up from USD 1,700 billion in 2018.
Telecom service providers were able to incorporate more virtualization in their networks as a result of the growing adoption of Network Function Virtualization (NFV) technologies. A rise in the IT & Telecom business has occurred as a result of several government initiatives for digitalization in order to meet end-user demand. Additionally, the development of 5G technology is expected to bring about improved networking options. By 2027, it is expected to be more than 4 billion 5G mobile subscriptions worldwide, with North East Asia, South East Asia, India, Nepal, and Bhutan having the greatest number of subscriptions per area.
Global Network Automation Market, Segmentation by Deployment
Few of the well-known market leaders in the global network automation market that are profiled by Kenneth Research are Micro Focus International plc, Cisco Systems, Inc., IBM Corporation, Telefonaktiebolaget LM Ericsson, NetBrain Technologies, Inc., Versa Networks, Inc., BMC Software, Inc., BackBox Software Ltd., HCL Technologies Ltd, Forward Networks, Inc, and others.
Enquiry before Buying This Report @ https://www.kennethresearch.com/sample-request-10154360
Recent Developments in Global Network Automation Market:
In 10, March 2022, Cisco Systems, Inc and NEC Corporation jointly announced a partnership for Telefonica Vivos upcoming 5G IP transport network rollout across Brazil.
In 28 June 2021, IBM Corporation unveiled new hybrid cloud AI powdered automation tools to facilitate the rollout of 5G networks. Through enhanced networking and the provision of innovative services, this software will aid communication service providers.
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About Kenneth Research
Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
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AJ Daniel
Email: info@kennethresearch.com
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Web: https://www.kennethresearch.com/
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Cybellum Announces Critical New Management and Automation Module for Product Security Incident Response Teams (PSIRT) – Yahoo Finance
Posted: at 2:43 pm
Enhanced workflow automation enables advanced cyber threat monitoring, impact assessment, triage, and remediation of vulnerabilities for products and devices in the field
TEL AVIV, Israel, Oct. 19, 2022 /PRNewswire/ -- Cybellum, provider of the Product Security Platform for connected product and device manufacturers, announced today the availability of a new Product Incident Response module to help Product Security Incident Response Teams (PSIRT) to monitor and investigate threats related to devices that are already in operational use in the field. Enhanced workflow automation gives PSIRT team members control over their assets and automation of processes, as opposed to the manual and tedious processes they currently have in place.
In keeping with the spirit of the Cybersecurity Awareness Month, the new PSIRT module and automated workflow capabilities will be highlighted in an upcoming briefing entitled: Securing Connected Devices in the Field October 26th 11:00 EDT.
As cyberattacks are on the rise across the globe in industrial manufacturing, automotive and medical device industries, manufacturers and asset owners are exposed to revenue loss, brand damage, and regulatory violations if they don't rapidly respond to security incidents. They are challenged with being able to effectively gather and analyze threat intelligence, continuously monitor their devices for threats, speed up impact and relevance assessments and facilitate incident investigation, resolution and reporting.
Key capabilities of Cybellum's new PSIRT module includes the ability to:
Create policies, processes and guidelines for the triage, continuous threat monitoring, analysis, and remediation of assets
Aggregate vulnerability and threat intelligence from multiple sources
Automate security intelligence and triage, monitoring assets for impact of vulnerabilities
Open and manage incident investigations and generate reports
"Connected devices are the new frontier for cyberattacks as proven by the many recent and highly visible attacks that have occurred," said Eran Rosenberg, VP of Products and Strategy at Cybellum. "Beyond meeting regulatory guidelines, PSIRTs must be able to continuously monitor vulnerabilities to enable timely incident response. If not caught early enough, cybersecurity attacks on connected devices can put users at risk and may cause significant loss of revenue and brand damage to the manufacturer."
Story continues
To learn more about Cybellum's new PSIRT capabilities, join Eran and Guy Gilam, Head of Product Marketing, on October 26th at 11am EDT, as they dive into how to protect connected devices post-production. Register here for: Securing Connected Devices in the Field.
About Cybellum
Cybellum enables device manufacturers to keep the products they build secure and compliant. Industry leaders use Cybellum's product security platform to fuse security into every phase of the product lifecycle. Powered by Cyber Digital Twins technology -- a live digital replica of every software component inside your devices Cybellum allows product security teams to manage cyber risk continuously, whatever new threat arises. From living SBOMs to automated vulnerability management and continuous monitoring, teams can ensure their product portfolio is secure from design to post-production and beyond. To learn more visitwww.cybellum.com
ContactAnnette HabaniMarketing Manager, Cybellumannette@cybellum.com
Cision
View original content:https://www.prnewswire.com/news-releases/cybellum-announces-critical-new-management-and-automation-module-for-product-security-incident-response-teams-psirt-301653500.html
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Gluware to Preview Gluware 5 and Showcase the Future of Network Automation in Healthcare at ONUG Fall 2022 – PR Newswire
Posted: at 2:43 pm
Gluware keynote to highlight digital transformation in healthcare through innovations that accelerate network hyperautomation
SACRAMENTO, Calif., Oct. 19, 2022 /PRNewswire/ -- Gluware, Inc., the leader in intelligent network automation and an ONUG Fall 2022Thought Leadership sponsor, will provide an early preview of Gluware 5, including Gluware Topology, API Modeling, Gluware Service Connectors, and enhanced Network RPA. Gluware executives will host the Main Stage Keynote Presentation, "Network-Powered Digital Transformation in Healthcare," along with several other sessions highlighting how Gluware is making network hyperautomation a reality for enterprises looking to dramatically improve network performance, transform operations, and reduce costs.
Siji Atekoja, Deputy CIO and CTO at Ohio State University Wexner Medical Center, will join Jeff Gray, CEO and Co-founder of Gluware, for the ONUG Fall Main Stage Keynote. Responsible for leading enterprise architecture, digital transformation, infrastructure engineering, and service delivery, Atekoja is a highly regarded strategist and transformational leader with a proven track record of success and a powerful vision for what is possible and needed within the healthcare industry. Together, Gray and Atekoja will highlight how Gluware's intelligent network automation ensures network performance, reduces cyber security threats, and enables growth by delivering innovations that meet the IT needs of hospital systems and healthcare organizations.
"Healthcare has changed, and the need to transform how we deliver care by expanding our reach, doing more with less, and attracting top talent are industry imperatives that are increasingly dependent on the capabilities of our networks," said Siji Atekoja, Deputy CIO and CTO at Ohio State University Wexner Medical Center. "Healthcare strategies shine a light on the critical role of the network and our network teams. The use of network automation in the industry illustrates the fundamental importance of the platform in enabling digital transformation."
"While all enterprises face complex challenges within their networks, the healthcare industry presents a unique combination of concerns, potential risks, and urgent automation needs," said Jeff Gray, CEO and Co-founder of Gluware. "Healthcare organizations using Gluware's suite of intelligent network automation solutions will gain more network visibility, security, performance, and sustained compliance. We are proud to present alongside Siji and Ohio State University Wexner Medical Center, which utilizes Gluware to power their enterprise network automation journey."
At ONUG Fall 2022, Gluware executives, customers, and networking experts will highlight how Gluware's intelligent network automation accelerates hyperautomation and enables NetDevOps at scale. These industry thought leaders will showcase how Gluware simplifies the discovery, analysis, maintenance, and automation of traditional, API-driven, or cloud-based networks and how to optimize network performance in the face of escalating complexity. The complete list of Gluware sessions includes:
For more information about Gluware, click here, or request a demoor free trialtoday.
About ONUG
ONUG is the only organization composed of senior-level IT executives from the Global 2000 that represents the interests and initiatives of the Enterprise Community. Through its global event series, working groups, training academies, and webinars, ONUG plays a central role in the creation of new and improved tools to develop, manage, and secure the digital enterprise. ONUG's peer permission structure fosters the exchange of information among the world's largest organizations as they build and secure the digital economy. The ONUG community is made up of IT leaders from Bank of America, Cigna, Citigroup, Credit Suisse, eBay, FedEx, Fidelity Investments, Gap Inc., GE, Intuit, JP Morgan Chase, Kaiser Permanente, the Lippis Report, Morgan Stanley, Pfizer, State Street Bank, TD Ameritrade, UBS, Oath, and hundreds more. For more on ONUG, go to http://www.onug.net or follow on Twitter @ONUG_.
About Gluware
Gluware is the leading intelligent network automation suite for the cloud era, trusted by Global 2000 enterprises, across industries, from Pharma to Finance. Gluware automates the networks of the world's largest and most complex enterprises by simplifying how multi-domain, multi-vendor enterprise networks are discovered, analyzed, and maintained. The company's code-free, intent-based approach to network automation reduces the business risk of unplanned outages and downtime while elevating the performance of people and systems. For more information, please visit http://www.gluware.com.
Media ContactDex PolizziLumina Communications for Gluware[emailprotected]
SOURCE Gluware
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Red Hat Ansible Automation Platform on Azure Now Available in the Microsoft Azure Marketplace – Redmondmag.com
Posted: at 2:43 pm
News
Red Hat today announced the availability of its Ansible Automation Platform on Azure in Microsoft's Azure Marketplace.
The platform, which is a managed application integrated with Azure services and the full Ansible collection for Microsoft, was co-developed by the two companies. It's now available directly through thethe marketplacein North America, Europe, the Middle East, Africa, Singapore, and Australia.
IBM subsidiary Red Hat is one of the worlds leading providers of open-source solutions. Its Ansible Automation Platform is cloud-native and based on a widely used open-source automation and orchestration solution that was designed to enable enterprises to securely operate and manage automation at the scale. It supports the automation of such processes as provisioning, configuration management, and application deployment.
Making the platform available in the Azure Marketplace "further simplifies how customers can automate across hybrid cloud footprints, their datacenters, the Azure public cloud, and the edge," Red Hat said in a statement.
Microsoft sees its ongoing collaboration with Red Hat as a means of providing its customers with more choice and agility in their cloud deployments. "As customers increasingly adopt hybrid and multi-cloud environments," Omar Khan, GM of Microsoft's Azure Infrastructure Group, said in a statement, "offerings like Red Hat Ansible Automation Platform on Azure and instant-on availability in the Azure Marketplace make it easier than ever for customers to automate their cloud deployments."
For Red Hat, it's about providing another way to engage with its customers. "As organizations increasingly pursue hybrid or multi-cloud strategies and expand cloud infrastructure, CIOs and IT decision-makers seek greater flexibility in purchasing and deploying chosen technology solutions," Thomas Anderson, vice president of the Ansible Group at Red Hat, said in a statement. "Red Hat Ansible Automation Platform on Azure helps customers maximize new and existing Red Hat subscriptions, whether on-premises or on the Azure cloud, accelerating the adoption and value of automation everywhere."
About the Author
John K. Waters is the editor in chief of a number of Converge360.com sites, with a focus on high-end development, AI and future tech. He's been writing about cutting-edge technologies and culture of Silicon Valley for more than two decades, and he's written more than a dozen books. He also co-scripted the documentary film Silicon Valley: A 100 Year Renaissance, which aired on PBS. He can be reached at [emailprotected].
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AnsibleFest spotlights new innovations in IT automation and why OpsDev is the new software operating model – SiliconANGLE News
Posted: at 2:43 pm
As the open-source computing tide rose, Ansible which exists under the Red Hat Inc. umbrella was one of the prominent boats lifted.
Now, as the project notches its 10-year milestone, it has made several announcements toward better integration into the existing cloud-native paradigm.
I think youre gonna see a lot more of this automation at scale, said John Furrier, analyst at theCUBE, SiliconANGLE Medias livestreaming studio. I love the introduction ofoperations as code; thats a little piggyback off of infrastructure as code and infrastructure asconfiguration. Theyre saying operations now is the new softwaremodel and its like OpsDev, not DevOps.
As part of a day 1 keynote analysis during this weeksAnsibleFest event, Furrier and co-hostLisa Martin, industry analyst at theCUBE, dissected the keynote for signals on the projects forward direction and new innovations in IT automation.(* Disclosure below.)
Much of the day 1 keynote content focused on cultural shifts within the enterprise, as well as how Ansibles automation technology is adjusting to them. Thekey takeawayfocused onconfiguration and automationaround devices and infrastructure stuff is an enterprise architecture now, according to Furrier.
Its not just a kind of a corner case or a specific use case, he added.Its gonna be native across the entire enterprise architecture. And thats why we heard a lotof cultural shift conversations.
Part of that cultural shift, as Ansible stressed in the keynote, is the organizational onus of rethinking the approach to automation, where it transcends being putin silos and pockets, according to Martin. Automation, therefore, needs to become strategic across an organization.
Ansible can sit across all the environments and then still support the cloud-native through an automation loop, Furrier stated. Thats going to really talk to what were seeing as multicloud or supercloud, where Ansibles role of automating isnt just corner case in the enterprise.
Heres the complete video interview, part of SiliconANGLEs and theCUBEs coverage of the AnsibleFest event:
(* Disclosure: TheCUBE is a paid media partner for the AnsibleFest event. Neither Red Hat Inc., the main sponsor for theCUBEs event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)
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IT Expense and Asset Automation Key to Navigating Economic Turbulence According to New Study From Tangoe – Yahoo Finance
Posted: at 2:43 pm
Clearer Visibility Across Network, Cloud, and Mobile Assets Can Produce Smarter Decision-Making; Help Overcome Speed Bumps
INDIANAPOLIS, October 19, 2022--(BUSINESS WIRE)--With the threat of a recession looming, a new study commissioned by Tangoe, Inc., the leading technology expense and asset management solution for more than 20 years, finds that nearly all (92%) of IT leaders are concerned with the potential impact on their budgets and headcounts just as 83% report growing pressure to deliver more with less.
"With cost-cutting measures well underway across organizations of all sizes, having smarter data insights can be helpful in guiding better decision-making and superior optimization," said James Parker, CEO, Tangoe. "Already short-staffed IT teams should be employing more artificial intelligence to automate and understand the expenses and sprawling network, cloud, and mobile assets across their hybrid workforces. Getting beneath the surface can uncover new opportunities for cost savings before even considering layoffs."
The survey conducted in partnership with leading independent technology market research firm Vanson Bourne and featuring insights from 500 IT leaders at mid-sized to enterprise-level businesses ($500M-$50B+ in annual revenue) across the US and UK also found that:
IT teams are being bogged down by manual processes: Nearly all respondents (94%) reported a notable amount of time of their average working week is dedicated to activities related to telecom, cloud, and mobility assets, including nearly a third of their week (29%) being allocated specifically to manual processes relating to these expenses and assets. This led to more than eight in ten (85%) reporting that eliminating manual processes would allow IT to focus on more purposeful work.
Organizations feel stuck in the cycle of embedded internal processes: More than half of those surveyed report choosing to have at least some in-house management of their mobile, telecom and cloud software services (56%, 51%, and 51%, respectively), but almost nine in ten (88%) admit that their organization would benefit from greater support with managing such expenses. For organizations that manage these expenses completely in-house, those that report there would be benefits from working with external vendors notably increase (88% for telecom, 82% for cloud, and 77% for mobile).
There are no signs of slowing for IT teams: Budgets allocated to cloud, mobile and telecom are expected to increase by an average of 10-12% over the next couple of years, showing the continued growth and importance of these software and services. Mobile device count (78%) and usage (83%) are also expected to increase; greater use comes with more management, making it even more important that organizations approach this in the right way.
Story continues
Parker continued: "Our research found that only companies who rely on a partner to simplify, manage, and optimize their assets and expenses are realizing the value. Working together with our clients, we are helping them make the most informed choices to ride current and future economic waves with finesse. Layoffs can be a last resort for cost-cutting, and then only after assessing the true costs of running todays tech-enabled business."
As businesses look to simplify, manage, and optimize their IT operations and spend, nearly all (99%) organizations recognize benefits from outsourcing telecom, cloud and mobile software and services. Furthermore, more than nine in 10 respondents that work with external vendors for mobile, cloud, and telecom management report seeing a clear, positive return on investment (95%, 92% and 91%, respectively).
Access "The critical nature of effective expense and asset management in an ever-evolving economic climate" report for additional information on the benefits of outsourcing ITEM processes and other relevant industry trends based on the research conducted by Vanson Bourne by visiting http://www.tangoe.com/report/cloud-telecom-and-mobile-the-mission-critical-role-they-play-in-businesses-today. For more information on Tangoe, visit http://www.tangoe.com.
About Tangoe:
Tangoe is the leading technology expense and asset management solution. Tangoe seamlessly integrates with hundreds of providers globally to deliver the reporting and insights needed by enterprises of all sizes and scales. Fueled by an innovative automation framework and unified customer experience, Tangoe optimizes spend and resources across telecom, mobile, cloud, and IoT. For more information on the power of Tangoe and how it can transform your business, visit http://www.tangoe.com or connect with the company on LinkedIn and Twitter.
About Vanson Bourne:
Vanson Bourne is an independent specialist in market research for the technology sector. Their reputation for robust and credible research-based analysis is founded upon rigorous research principles and their ability to seek the opinions of senior decision makers across technical and business functions, in all business sectors and all major markets.
For more information, visit http://www.vansonbourne.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20221019005147/en/
Contacts
Bradley NormanExternal Communications Managerbradley.norman@tangoe.com
Gay BeachVice President, MarCom, Digital and Demandgay.beach@tangoe.com
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Lenovo Global IT Ramps Up HR Digital Transformation with UiPath Automation Technologies Globally – Business Wire
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HONG KONG--(BUSINESS WIRE)--UiPath (NYSE: PATH), a leading enterprise automation software company, today announced that Lenovo has achieved significant productivity and efficiency gains from implementing UiPath automation technologies globally.
Lenovo embarked on an enterprise-wide digital transformation with their 3S strategySmart IoT, Smart Infrastructure, and Smart Verticalsfor industries. The successful digital transformation by Lenovo Group IT was attributed to the strong integration and application of enterprise automation, AI, and machine learning, as well as other integration technologies.
As a global technology powerhouse, Lenovo provides millions of intelligent devices to users all around the world. As the organization expands into new areas of infrastructure, mobile, solutions and services, enterprise-wide automation has become an important goal. To support this, Lenovos Global IT team has identified and implemented new digital transformation initiatives across the departments of finance, human resources (HR), and internal audit.
Given the evolving needs of the workforce as the organization grows, Lenovos Global IT team realized the potential for enterprise automation to streamline workflows, improve accuracy, and allow employees to focus on more value-added tasks.
To support the implementation of enterprise-wide automation, Lenovos Global IT team has successfully built automation processes across multiple workflows, enabling the global HR team to support and maximize business resources.
Business efficiency and process optimization through RPA
Managing a large workforce has led to high workloads for the Global HR team, which has to grapple with multiple tedious, repetitive, and time-consuming processes every month. As such, Lenovos Global IT team identified personal income tax declaration, expenses reimbursement, and payroll calculation as critical areas where automation would have a transformative effect by deploying software robots.
As a start, Lenovo built a Tax Declaration Robot that can automatically downloads data, generates individual income tax files, performs income tax declarations and data verification, and automatically reruns when an exception occurs.
Robots have also been built to enable highly visualized, structured, and digitalized payroll calculation processes, which facilitates the tracking of employee attendance in an efficient and convenient manner.
The robots also can also identify invoices through optical character recognition (OCR) software, and automatically generate, upload, and submit files in reimbursement processes, which has brought significant productivity gains. As a result, Lenovo has achieved time savings of more than 90%, increased recognition accuracy rate by nearly 99%, and substantially improved verification quality and timeliness on processes.
Maximized data utilization
Enterprise automation technology has helped Lenovo to significantly improve its data accuracy, and reduce the propensity for erroneous data input. Since implementing the robots, Lenovo has not encountered any business errors in such areas, and efficiency has increased by five to eight times, ensuring the timeliness of tax declaration and payroll payment. This helped the HR team to save at least 6,000 hours per year, freeing them to do more value-added work.
Lenovo has been implementing UiPath to automate processes throughout our company, with the goal of gaining efficiencies and freeing up our employees time to focus on more rewarding types of work. The results so far have been very positive, including faster processes. Even better, our employees report an enhanced work experience, as now they can put their energy toward more engaging, higher-order activities. Our next step is looking at how we can bring this type of automation even further to other areas of Lenovo, as we continue our digital transformation journey, said Arthur Hu, SVP and Global CIO, Lenovo and CTO, Solutions and Services Group.
Integration of rich AI technologies in operations
By pairing UiPaths AI and automation technology, Lenovos robots can not only upload documents and data for specific tasks and sub-processes, but are able to automate full departmental processes, such as HR onboarding identification through self-developed OCR. This has allowed Lenovo to experience the benefits and opportunities of hyperautomation, freeing their human workforce to focus on more impactful tasks.
Chris Weber, Chief Business Officer at UiPath said, We are pleased to play a key role in Lenovos automation journey to increase efficiency and reduce complexity amidst the evolving needs and requirements of the organization. Through our collaboration, we hope to establish Lenovo as a Fully Automated Enterprise to support their business growth using our end-to-end automation platform.
To read the full case study, please visit: https://www.uipath.com/resources/automation-case-studies/lenovo-rpa-release-hyperautomation-value/
About UiPathUiPath has a vision to deliver the Fully Automated Enterprise, one where companies use automation to unlock their greatest potential. UiPath offers an end-to-end platform for automation, combining the leading Robotic Process Automation (RPA) solution with a full suite of capabilities that enable every organization to rapidly scale digital business operations.
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The Smart and Connected Factory is Made Possible by Automation – IT News Africa
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Automation is complex especially in the manufacturing industry. Will the automation trend continue to accelerate? Infors Phil Lewis looks at some examples of smart connected factories.
The adoption of automation is one of the unexpected game-changers that the COVID-19 pandemic has accelerated in manufacturing. The impact is nowhere more robust than on the shop floor.
Manufacturers placed their factories in less-developed countries with low labor costs.They employed, and are still stuck with, a geographic footprint for production that was driven by labor arbitrage around the globe, rather than by factors such as proximity to customers or ecological considerations. In fact, supply chains expanded with goods being produced farther and farther from the customers who buy them.
But the pandemic, and several other factors, changed all that. With the amount of disruption in the past two years, happening at an accelerating pace, the only constant now is change. The need to reduce delays and transport costs, as well as the pursuit of more sustainable production have led organisations to adjust their manufacturing footprints.
What does that mean? Since the 1980s, the global manufacturing business model has been centered around locating physical factories in countries where labour costs were cheap. That made sense when global supply chains and just in time sourcing were efficient and cost effective. Now, with shipping costs through the roof, and both containers and spots on ships hard to come by, companies are recognising the benefit of reduced transport and moving manufacturing closer to customers but that requires a rethink of how these factories operate.
Thankfully, the advancement of digitalisation and automation,robotics, machine learning, and advances in manufacturing techniques have increased manufacturers ability to create smaller, more automated and much smarter factories located in countries and cities closer to the customer. Reshoring and back-shoring is picking up steam as technology helps companies reduce labour costs via automation.
Essentially, automation is enabling manufacturers to build new smart factories in developed countries. Automation helps factories operate with far less unskilled (mainly human) resources. Less labour means less labour costs. Factories operating out of high-cost manufacturing hotspots such as Germany and Japan are largely automated for production and deploy far fewer employees, relying mostly on skilled engineers to maintain the machinery and the equipment. In addition, fully standardised, digital, and automated processes can be much quicker than processes that involve human interaction and manual tasks.
Increased automation makes locating facilities in high-cost but also highly educated countries a smart move. For example, a manufacturing execution system (MES) for the coordination of production machinery can automate the task of machine maintenance scheduling. But decisions still need to be made by people who are responsible for the outcome. These human decision points stand in the way of the complete lights-out factory, but not in the way of progress. The more automated the factory becomes, the more flexibly it can react to market changes.
As more and more manufacturers embrace automation, sustainable practices and the nearshoring of facilities, smart factories, which utilise not only automation but other Industry 4.0 technologies and processes, are becoming increasingly common. Infor has partnered with Deloitte to openThe Smart Factory @ Wichitaon the Innovation Campus of Wichita State University to help manufacturers explore use cases for new technologies and, ultimately, to transform their facilities into smart factories.
Many companies have already begun to integrate Industry 4.0 technologies, including artificial intelligence, into their business processes.As the worlds largest manufacturer of multidirectional forklifts, Infor customerCombilifthas 60,000 unique trucks in operation to meet each clients industry-specific needs. To help ensure that trucks, which need service, receive the right parts for the job, Combilift utilised Infors Coleman AI solution in combination with its Infor CloudSuite Industrial ERP system. This helped automate the process of generating the parts lists for specific jobs, improving the efficiency and accuracy of the recommendations, scaling the service quote process, reducing stress on staff and ensuring a first-time fix for clients.
Automation is complex, and theres a lot of work to do to lay the foundation at any facility. The most urgent question for most production companies is not how to implement the latest technology; most have pilot projects and implementations for data analytics, digital manufacturing technologies or artificial intelligence.
The key challenges are 1) how to bring all these different technologies together and 2) how to roll them out on the entire production environment. Replacing old technologies on a global scale often means a change in workflows and measurements. This change can be challenging.Standardising operations at all production sites, being able to monitor the same key performance indicators (KPIs) in the same way and automating well-defined processes across all operations are the first areas to address.
By Phil Lewis, Senior Vice President of Solution Consulting, International, Infor
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The Assembly Show 2022 Names Edgewater Automation New Product Of The Year Finalist For Assembly Machines & Systems | ASSEMBLY – Assembly Magazine
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ROSEMONT, IL, -St. Joseph, MI: Edgewater Automation has been selected as one of 20 nominees from over 230 exhibiting companies as a New Product of the Year finalist by The ASSEMBLY Show 2022 in the Assembly Machines & Systems category.
Edgewater designs and builds custom automation solutions for a wide scope of applications and industries. For this project, bathroom fixture manufacturer Lyons Industries faced a big challenge: employees were required to push, pull and lift heavy objects throughout a 10-hour shift, taking a heavy toll on the workforce and the companys productivity. Lyons turned to Edgewater for help. Edgewaters first task was to develop a way to move 150-pound carts through various processing areas. Edgewater built an automated conveyance system to handle the job. Next, Edgewater automated the order-building process. The system integrated a MiR mobile robot with a custom four-corner, strut-framed lifting machine with PLC and touchscreen HMI. The system uses mapping and vision to move the boxed product from the packaging area to the correct pallet, where a lift mechanism senses and stacks the boxes at the correct height.
Our team strives to provide world class equipment for our customers. We couldnt be prouder of the creativity and effort that our entire Edgewater team puts in every day. Being nominated for a prestigious award such as this is a direct reflection of our culture. Were proud to share this honor with Lyons Industries, whose vision to introduce change through automation and new technology shows how much they care about their team members and customers. Through a collaborative design process, this new manufacturing technology will help bring many benefits to their everyday business, said Edgewater managing director Tim Tate.Lyons Industries CEO Lance Lyons said, Our workforce continues to shrink. Its very important to make jobs easier for our people. The work is too hard. Edgewater helped us find a safer way to burn fewer calories and get more product to our customers.
The ASSEMBLY awards are held to draw attention to the breadth and quality of new technologies on display at the 10th annual Assembly Show, being held at the Donald A. Stevens Convention Center in Rosemont, Illinois, October 25-27, 2022. More than 230 exhibitors will display the latest products and services at the Show. Attendees of the Show will vote in booth #2023 during exhibit hours, with the winner being announced on October 27th at 9:30 a.m.
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About Edgewater Automation: Edgewater Automation is an ISO 9001:2015certified designer and builder of custom advanced automation equipment and manufactured structures and systems, including advanced robotics, machine vision, motion control, automated test, and data acquisition, and software control and management solutions for all manufacturing industries. With offices in Michigan and South Carolina, Edgewater Automation supports customers in life sciences, automotive and commercial vehicles, consumer packaged goods (CPG), general manufacturing, electronics and battery manufacturing, and logistics. Learn more about core competencies and markets Edgewater builds machines for at http://www.edgewaterautomation.com
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Global Robotic Process Automation Market Trends, Analysis and Forecasts Report 2022-2027 with Profiles of Appian, Blue Prism, CGI, Datamatics, NTT,…
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Dublin, Oct. 18, 2022 (GLOBE NEWSWIRE) -- The "Global Robotic Process Automation Market: Trends and Forecast (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
The report provides an overview of the global RPA market and analyzes market trends. Using 2021 as the base year, the report provides market data for the forecast period 2022 through 2027 by making estimates with values derived from total revenues of prominent players. Revenue forecasts for this period are segmented based on solution, deployment, size of enterprise, industry and geography.
Organizations worldwide are realizing that RPA is capable of transforming their backend operations and procedures in an entirely new way with digital technology. It is a novel approach to automating corporate operations and procedures. It enables businesses to use software-driven robots, or bots, to automate routine, predetermined activities. It minimizes the human labor required for tiresome, repetitive jobs so that employees can concentrate on more important and more meaningful work.
RPA is a software technology that enables the creation, deployment and management of software robots that mimic human actions while dealing with digital systems and software. Software robots, like humans, can grasp what's on a screen, complete the correct keystrokes, navigate systems, discover and retrieve data, and perform a variety of defined operations. However, software robots can perform such tasks faster and more reliably than humans, without the need to take breaks.
Through RPA, chatbots and other forms of digital assistants, intelligent bots are proliferating throughout the data ecosystem. The range of jobs that these bots are capable of performing is growing. Many knowledge workers consider chatbots to be an outdated, template-based version of what bots can perform in light of the popularity of digital assistants like Siri and Alexa in both personal and professional contexts. Nevertheless, the number of uses for these linguistically skilled bots is growing, and now includes both internal and external processes.
RPA software solutions can be installed without having to make changes to the current system, saving time and money on the installation process. Due to the significant cost and overall impact of rethinking their legacy, poorly linked IT infrastructure, many system-intensive organizations are unable to optimize their operations. RPA solves this problem by acting as a human worker who builds a communication link between various IT systems. However, the risk of data security escalates when a company allows access to RPA for enterprise data over the cloud. A bot's poor design that unintentionally exposes sensitive data might have serious consequences.
Moreover, within these organizations, RPA can be used in multiple ways and across multiple processes. One new aspect of this is that the RPA solutions will also focus on external, customer-oriented processes in addition to internal processes. For instance, the classification of incoming email is one such area where smart robots are expected to offer huge productivity gains.
Intelligent process automation (IPA), a bridge between RPA and AI, primarily leverages machine learning (ML) and natural language processing (NLP) to tackle difficult business challenges and automate current manual processes with much higher accuracy and efficiency. By eliminating or moving monotonous and laborious tasks, these new advancements have enabled organizations to become even more profitable.
The report also identifies the major players in the RPA market, explains the major market drivers and current trends, and explores the competitive landscape. The report concludes with profiles of the major players in the global market.
Descriptive company profiles of the leading global players, including Appian Corp., Blue Prism Group Plc, CGI Inc., Datamatics Global Services Ltd., NTT Advanced Technology Corp., Nice Robotic Automation, and UiPath Inc.
Report Includes
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview and Technology Background 3.1 Overview 3.2 RPA Checklist 3.3 Market Dynamics 3.3.1 Market Drivers 3.3.2 Market Restraints 3.3.3 Market Opportunities 3.4 Applications 3.4.1 Reporting and Administration 3.4.2 Customer Support 3.4.3 Data Migration 3.4.4 Analysis 3.5 RPA Lifecycle 3.6 Value Chain Analysis 3.7 Porter's Five Forces Analysis3.8 Investment Analysis 3.9 Future of RPA3.10 Assessment of Covid-19'S Impact on the Market
Chapter 4 Market Breakdown by Solution 4.1 Overview 4.2 Services 4.3 Software
Chapter 5 Market Breakdown by Deployment 5.1 Introduction 5.2 On-Premise 5.3 Cloud
Chapter 6 Market Breakdown by Size of Enterprise 6.1 Introduction 6.2 Large Enterprises 6.3 Small and Medium-Sized Enterprises (SMEs)
Chapter 7 Market Breakdown by Industry 7.1 Overview 7.2 IT and Telecom 7.3 BFSI7.4 Manufacturing 7.5 Retail 7.6 Healthcare 7.7 Other Industries
Chapter 8 Market Breakdown by Region
Chapter 9 Patent Analysis 9.1 Overview 9.2 New Patents Development 9.3 Patent Review, by Region 9.4 Patent Review, by Key Applicant
Chapter 10 Competitive Landscape 10.1 Industry Overview 10.2 Market Share Analysis 10.3 Key Companies and Partners 10.3.1 Pricing 10.3.2 Usability 10.4 Strategy Analysis 10.5 Key Developments in the RPA Market, 2019-2022 10.5.1 Partnership/Collaboration/Contract 10.5.2 Acquisition/Expansion/Investment
Chapter 11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/hmfizo
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