Category Archives: Automation

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising ATI Industrial Automation (ATI) on its pending sale to Novanta Inc. (Nasdaq: NOVT; Novanta). Headquartered in Apex, North Carolina, ATI is a leading global developer and manufacturer of robot end-effector products. The transaction is being led by John Arendale, Jeff Perkins, Brandt Carr, Jenson Dunn and Caroline Inglesby of the Harris Williams Industrials Group.

We are honored to have partnered with Robert Little, president and CEO of ATI, and the ATI shareholders on this transaction, and we look forward to watching ATI continue to thrive as part of the Novanta family, said John Arendale, a managing director at Harris Williams. The sale of ATI represents another marquee robotics and automation transaction for our Industrials Group and continues our momentum in the industrial technology sector.

With over three decades of innovation, ATI has been a consistent market leader synonymous with industrial automation and robotics, delivering state-of-the-art productivity-enabling solutions across diverse and emerging robotics applications, added Jenson Dunn, a vice president at Harris Williams. We are thrilled to have found a great partner in Novanta that not only shares in managements strategic vision but can also accelerate ATIs initiatives in key growth areas like robotic surgical applications.

ATI is a leading engineering-based developer of robotic accessories and robot arm tooling including robotic tool changers, multi-axis force/torque sensing systems, material removal tools, utility couplers, manual tool changers, robotic collision sensors and compliance devices. Their robotic end-effector products are found in thousands of applications around the world. Manufactured in the U.S. and China, ATI products enable customers to achieve a high level of flexibility in robotic automation. Their flagship product is the robotic tool changer, a robotic wrist coupling that locks and unlocks automatically, allowing a single robot to perform many different tasks.

Novanta is a leading global supplier of core technology solutions that give medical and advanced industrial original equipment manufacturers (OEMs) a competitive advantage. Novanta combines deep proprietary technology expertise and competencies in photonics, vision and precision motion with a proven ability to solve complex technical challenges. This enables Novanta to engineer core components and sub-systems that deliver extreme precision and performance, tailored to its customers demanding applications. The driving force behind Novantas growth is the team of innovative professionals who share a commitment to innovation and customer success.

Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).

The Harris Williams Industrials Group has experience across a variety of sectors, including advanced manufacturing; building products; chemicals and specialty materials; industrial technology; and packaging. For more information on the firms Industrials Group and other recent transactions, visit the Industrials Groups section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: hwgermany@harriswilliams.com). Geschftsfhrer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

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Harris Williams Advises ATI Industrial Automation on its Pending Sale to Novanta Inc. - Business Wire

Senate President Vicente Tito Sotto 3rd. TMT file photo

SENATE President Vicente "Tito" Sotto 3rd said the Department of Information and Communications Technology (DICT) has assured him of the integrity of the automated elections in 2022.

Sotto on Wednesday confirmed he and Sen. Panfilo "Ping" Lacson will run in next year's polls.

"We just have to rely on the integrity of [the] Comelec (Commission on Elections) and do watch out as far as the automation is concerned," Sotto said.

The Senate chief added they will have to rely on the DICT considering that the chairman of automation is former senator now Information and Communications Technology Secretary Gregorio "Gringo" Honasan 2nd.

"He is assuring us that the DICT will be on top of whatever automation. So, we have to rely on that," Sotto stressed.

Meanwhile, Sen. Ana Theresia "Risa" Hontiveros on Tuesday said China's cyberwarfare and disinformation campaigns will be one of the biggest threats to Philippine national security and democracy.

The senator, in a statement, warned that China may heavily influence the 2022 national elections through cyberespionage campaigns against the Philippines.

"Hindi na ako magugulat kung mangingialam sa ating eleksyon ang Tsina (I will no longer be surprised should China meddle in our election [next year]," Hontiveros said.

"It is quite clear that they would do everything to eventually grab our seas and territory in the West Philippine Sea," she said. "At kasama na dito ang pagtatalaga ng lider na hindi kokontra sa utos nila (And this includes installing a leader who will not contradict their instructions)."

She issued the warning after cybersecurity firm Kaspersky unveiled there is a "rare, wide-scale advanced persistent threat" by Chinese "actors" that gather geopolitical and economic intelligence in Asia and Africa.

The firm added some 1,400 users in the Philippines, including government entities, have fallen victim to spear-phishing emails that contain malicious documents.

Hontiveros then urged the Department of National Defense (DND) and the Information Technology department to look into Kaspersky's reports immediately.

The senator said the DND and the DICT should also issue protocols that all Filipinos can follow to protect themselves from China's cyberintrusions.

"The DND and DICT should strengthen our cyberdefense framework, and at the same time, Filipino users should be made aware of how we can protect ourselves from cyberattacks," she said.

Hontiveros said one of the groups' modus operandi was to mimic meeting apps like Zoom, which was usually used in office meetings, webinars and online classes.

The user was not aware that his or her personal information was already being stolen, the senator said.

"This was not the first time that cyberespionage attacks from China were reported against the Philippines," she said in Filipino.

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DICT on top of poll automation - Sotto - The Manila Times

"Many of our oilfield customers have dual fuel fleets and were looking to single source their diesel, LNG and CNG supply," said Fluid Automation Station's Founder, Chairman and Owner Sam Simon. "This is a service that very few suppliers currently offer. Today's climate demands greener forms of energy. Our team strategically executed a plan to meet the increased need."

Fluid Automation Station has seen a shift in the industry and is working diligently to bring alternative fuel solutions to market and reduce carbon emissions in oil fields. Natural gas is one of the safest and cleanest energy sources available, emitting almost half the amount of carbon dioxide than diesel when burned. It emits little to no sulfur, making it more environmentally friendly and more efficient than other fuel alternatives. Natural gas fuel is cost-effective and provides further savings in the form of carbon credits.

"We are always on the lookout for innovative solutions," says, Jesus Mejorada, Co-Founder of Alliance OGP. "Offsetting a share of diesel consumption with natural gas creates an immediate opportunity for companies to lower their operating cost and their GHG emissions. We can now offer a turnkey dual-fuel program through Fluid Automation Station's premier automated fueling technology."

For more information, including multi-media assets, please access our Digital Press Kit.

About Fluid Automation StationFluid Automation Station (FAS) is a patented automated fueling solution that is setting the standard for safety and efficiency across multiple industries worldwide. Capable of providing automated product level management and delivery to as many as 36 distinct inventories simultaneously, FAS technology boosts operational efficiency while eliminating spills, hazards, and downtime. FAS offers a smart and secure cloud-based digital platform that provides customers with real-time data insight into their day-to-day fueling operations and is part of the Simon Group Holdings energy technology portfolio. For more information on the Fluid Automation Station, visit http://www.fluidautomationstation.com.

About Alliance OGPFounded in 2018 and based in Houston, Alliance OGP is a leading mobile natural gas treatment company focused on leading the oil and gas industry's move away from diesel consumption and use natural gas to electrify oil and gas operations. Alliance OGP currently manages fuel gas solutions for over 230 megawatts of power generation assets and supports the dual-fuel and eFrac market. Alliance OGP is a portfolio company of Arroyo Energy Investment Partners, LLC. For more information on Alliance OGP, visit http://www.allianceogp.com.

SOURCE Fluid Automation Station

Fueling Automation Station

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Fluid Automation Station Announces Partnership with Alliance OGP to Bring Dual Fuel Services to the Oil & Gas Industry - PRNewswire

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK), the worlds largest company dedicated to industrial automation and digital transformation, today announced a partnership with Kezzler AS, a cloud-based product digitization and traceability platform, to help manufacturers capture the journey of their products from raw material sources to point-of-sale or beyond using cloud-based supply chain solutions that focus on product traceability. The combined offering is ideal for customers in industries like life sciences, food and beverage, and consumer packaged goods that are focused on complying with regulatory requirements and meeting consumer expectations in areas like product quality, safety, and sustainability.

Rockwells supply chain capabilities will combine with Kezzlers traceability technologies to help customers connect suppliers, manufacturing, logistics, and consumers into one real-time traceability platform. Kezzlers cloud-based solution provides integration flexibility and ease of access to existing systems of record that incorporate a wide range of technologies from immutable ledgers (blockchain) to traditional databases. The two companies can also create unique identities that can be used to digitally identify and track products from creation to consumption. For example, Rockwell and Kezzler can provide the data needed for manufacturers to aggregate total environmental footprint per manufactured product. This data can then be used for evidence and improvement or be shared directly with consumers through the product, allowing a company to use sustainability practices as a competitive advantage.

Once the recently announced acquisition of Plex Systems closes, Rockwell anticipates integrating the cloud-native factory floor track-and-trace capabilities of Plex with the end-to-end capabilities of Kezzler, providing supply chain visibility and management capabilities that are both broad in scope and deep in functionality.

Our partnership with Kezzler will provide greater supply chain transparency to enhance safety and quality control measures, ensure regulatory compliance, and meet ESG goals with cloud-based technologies that are easy to implement and easy to use, said Matt Fordenwalt, Rockwell vice president and general manager, Systems & Solutions Business. By combining our technology and expertise with Kezzlers, we can quickly design and deliver a serialization solution customized to meet specific business requirements with advanced cloud-native software.

Rockwell and Kezzler have already created traceability solutions for customers like FrieslandCampina, one of the worlds largest dairy companies. By creating unique QR codes on each of its Friso infant formula products, the company can now track its products from farmer to consumer. Consumers can also scan the codes to check authenticity and learn more about the product and its origin.

Together, we can help manufacturers connect all points of a products journey, beginning with its inception and ending with its point of sale, consumption, or even where its recycled, said Kezzler CEO, Christine C. Akselsen. Tying upstream and downstream data together creates true end-to-end traceability, with a single data repository for each product.

Kezzler is joining the Rockwell Automation Digital Partner Program, a centralized resource for best-in-class digital solutions designed to help customers as they guide and simplify digital transformation within their manufacturing operations.

About Rockwell AutomationRockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 24,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit http://www.rockwellautomation.com.

About KezzlerKezzler makes every single product unique, traceable and interactive. For over 19 years unique digital Kezzler identities have helped solve real-world problems in a sustainable way in multiple markets and sectors. Kezzler provides a cloud-based traceability platform that brings value to brand owners by securing supply chains and elevating the consumer experience http://www.kezzler.com.

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Rockwell Automation and Kezzler Partner to Offer End-to-End Cloud-Based Industrial Traceability Solutions - Business Wire

Studio enables you to model applications and services and automate their entire lifecycle, including deployment on any cloud or data center environment, monitoring all aspects of a deployed application, detecting issues and failure, manually or automatically remediating such issues, and performing ongoing maintenance tasks.

Manage and automate application deployment in a large-scale distributed environment including hybrid public/private service deployment. This includes multi-vendor services that run on the core, edge, far edge, and public cloud.

Full automation from core to edge. Select the applications you need from an app catalog, deploy them to a carrier-grade cloud platform, and orchestrate the resources needed for the applications simply, intuitively, and logically.

Studio provides a graphical, single-pane-of-glass experience of the distributed network along with automated orchestration of machines, services, and applications running across the edge. This includes hardware, cloud platform, middleware, and applications.

Studio offers secret storage built in. This feature securely stores password keys internally, reducing threat opportunities.

With the ability to recognize the difference between a single site and a fully distributed system, Studio can deploy and manage resources effectively across multiple clouds.

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Wind River Studio Automated Operations Composer - WIND

Dublin, July 21, 2021 (GLOBE NEWSWIRE) -- The "Global Accounts Payable Automation Market (2021-2026) by Component, Deployment Type, Application and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Accounts Payable Automation Market is estimated to be worth USD 2.5 Billion in 2021 and is expected to reach USD 4.47 Billion by 2026, growing at a CAGR of 12.3%.

Market Dynamics

The increasing demand for automation of accounts payable owing to the benefits such as remote payable option, real-time fast track process, 24/7 access to payment information, and increased efficacy is majorly driving the market. In addition, automation enables transparency of cash flows, which aids in improving security and fraud management and complete control of the invoice approval process. The Government initiatives in digitalizing and automation are fuelling market growth. However, the high cost of investment and frequent updating is hampering the market growth. Moreover, lack of skilled personnel and complicated software is anticipated to hinder the market.

Emerging of new technologies and expansion of urbanization is anticipated to create lucrative opportunities during the forecast period.

Market Segmentation

The Global Accounts Payable Automation Market is segmented based on Component, Deployment Type, Application, and Geography.

Recent Developments

Company Profiles

Some of the companies covered in this report are Tipalti, FreshBooks, FIS, Zycus, Bottomline Technologies, Coupa Software, Comarch, FinancialForce, AvidXchange, etc

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Accounts Payable Automation Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes an in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also contains the competitive analysis using Positioning Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Overview4.1 Introduction4.2 Market Dynamics4.2.1 Drivers4.2.1.1 Increasing Adoption of Digitalization4.2.1.2 Rising Need of Error Free, Fast and On-Time Payment Process4.2.1.3 Growing Need of Fraud and Risk Management4.2.2 Restraints4.2.2.1 High Investment Cost4.2.3 Opportunities4.2.3.1 Merger and Acquisition Strategies of Top Players To Increase Revenue4.2.3.2 Government Initiatives in Automation4.2.4 Challenges4.2.4.1 Lack of Skilled Professional4.2.4.2 Complicated Software and Security Risk4.3 Trends

5 Market Analysis5.1 Porter's Five Forces Analysis5.2 Impact of COVID-195.3 Ansoff Matrix Analysis

6 Global Accounts Payable Automation Market, By Component6.1 Introduction6.2 Solution6.3 Services6.3.1 Professional services6.3.2 Support & Maintenance6.3.3 Managing Services

7 Global Accounts Payable Automation Market, By Deployment Type7.1 Introduction7.2 On-premises7.3 Cloud

8 Global Accounts Payable Automation Market, By Application8.1 Introduction8.2 BFSI8.3 Telecom & IT8.4 Manufacturing8.5 Healthcare8.6 Retail & Consumer Goods8.7 Energy & Utilities8.8 Others

9 Global Accounts Payable Automation Market, By Geography9.1 Introduction9.2 North America9.2.1 US9.2.2 Canada9.2.3 Mexico9.3 South America9.3.1 Brazil9.3.2 Argentina9.4 Europe9.4.1 UK9.4.2 France9.4.3 Germany9.4.4 Italy9.4.5 Spain9.4.6 Rest of Europe9.5 Asia-Pacific9.5.1 China9.5.2 Japan9.5.3 India9.5.4 Indonesia9.5.5 Malaysia9.5.6 South Korea9.5.7 Australia9.5.8 Russia9.5.9 Rest of APAC9.6 Rest of the World9.6.1 Qatar9.6.2 Saudi Arabia9.6.3 South Africa9.6.4 United Arab Emirates9.6.5 Latin America

10 Competitive Landscape10.1 Competitive Quadrant10.2 Market Share Analysis10.3 Competitive Scenario10.3.1 Mergers & Acquisitions10.3.2 Agreement, Collaborations, & Partnerships10.3.3 New Product Launches & Enhancements10.3.4 Investments & Funding

11 Company Profiles11.1 SAP Ariba11.2 Sage11.3 Tipalti11.4 FreshBooks11.5 FIS11.6 Zycus11.7 Bottomline Technologies11.8 Coupa Software11.9 Comarch11.10 FinancialForce11.11 AvidXchange11.12 Vanguard Systems11.13 Bill.Com11.14 Procurify11.15 Nvoicepay11.16 Oracle Corporation11.17 Plooto11.18 Intuit11.19 Xero11.20 ACOM Solution

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/qxdy4j

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Insights on the Accounts Payable Automation Global Market to 2026 - GlobeNewswire

We're going to do some unique things with Hyland. Imagine an ECM solution that doesn't need a database for the metadata.

Success Hinges on Culture, Technology, and Experience"BIS has been delivering technology solutions for over three decades," says Jason McManus, BIS Vice President of Strategic Partnerships. "But success demands more than experience. It requires the right technology and the best people to deliver it."

"As a sales organization, we strive to generate revenue while having fun. Doing both makes everyone happy. If there's no joy in the sales cycle, then no deal, because protecting and preserving our company culture is just as vital to us as staying relevant in the market."

"And as a software manufacturer, we're focusing all our development effort into Grooper. We needed a partner with the best portfolio of complementary solutions to deliver the automation our customers need."

"The Hyland suite of technologies will allow us to re-imagine complex workflows within an ecosystem of solutions."

"We picked Hyland technologies after evaluating every ECM and content services product on the market. In our opinion, they are the leading ECM / BPM / RPA suite of technologies in the world. But it's not just about the technology."

"The growth-oriented mindset and culture at Hyland is a perfect match for us. Together, we're going to drive a great deal of business while providing our customers everything they need to create robust and powerful business workflows."

"Another big win for the Hyland-BIS partnership is with XMP metadata. Hyland is one of the few ECM platforms that enable XMP metadata search. And Grooper is the only intelligent document processing platform that generates intelligent PDFs with embedded XMP metadata."

"We're going to do some unique things with Hyland - imagine an ECM solution that doesn't need a database for the metadata. That's just one example of the synergy we're creating."

About BIS: Established in 1986, BIS solves data extraction and integration problems for organizations who demand more from their data. Headquartered in Oklahoma, BIS has achieved national recognition with an intelligent document processing platform called Grooper.

About Grooper: Grooper was built from the ground up by BIS, a company with 35 years of continuous experience developing and delivering new technology. Grooper is an intelligent document processing and digital data integration solution that empowers organizations to extract meaningful information from paper/electronic documents and other forms of unstructured data.

The platform combines patented and sophisticated image processing, capture technology, machine learning, natural language processing, and optical character recognition to enrich and embed human comprehension into data. By tackling tough challenges that other systems cannot resolve, Grooper has become the foundation for many industry-first solutions in healthcare, financial services, oil and gas, education, and government.

Learn more about Grooper grooper.com.

About Hyland Hyland is a leading content services provider that enables thousands of organizations to deliver better experiences to the people they serve. Find us at Hyland.com.

SOURCE BIS, Inc.

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No Joy in the Sales Process - No Deal, New Intelligent Automation Partnership Forms - PRNewswire

Vodafone, in partnership with Nokia, is deploying machine learning (ML)-based monitoring tools in its pan-European mobile networks to detect and correct anomalies before services are affected. The machine detective work allows Vodafone engineers to address issues faster: Things like mobile site congestion, radio interference, unexpected latency, or difficulty in handing off calls between different cells, can be speedily identified and rectified, say the companies.

In addition to detecting anomalies, the algorithm will also identify patterns of change to allow Vodafones operating companies to proactively address issues at their first signs of development - again, hopefully before customers are affected.

So confident is Vodafone with the power of the new service that its set as its target to automatically detect and address 80 per cent of all anomalous mobile network issues and capacity demands.

The companies say the algorithm has been tested on live networks to demonstrate its accuracy and to ensure that it works with equipment from all network vendors. Following its initial deployment in Italy on more than 60,000 4G cells, Vodafone will extend the service to all its European markets by early 2022, it says.

Nokia says the Vodafone move is the systems first commercial deployment.

The Anomaly detection is offered as-a-Service as part of Nokias Cloud Support Services.There has been much talk and publicity generated around the use of AI and machine learning for telcos, especially for managing and trouble-shooting their networks. The Vodafone/Nokia announcement highlights the fact that the techniques may be starting to be used as expected.

Its a massive area of focus for telcos, says Aaron Boasman-Patel, Vice President, AI & Customer Experience at TM Forum. He says the forum is creating a framework involving standard APIs and interfaces under which the machine learning and AI can be marshalled for different use cases and its now releasing a first version of the reference architecture. The dream for many telcos (and big equipment vendors like Nokia) is a thriving ecosystem and marketplace for AI/ML applications, '' he says, so there is a big push behind getting some sort of standard architecture.

In the Vodafone/Nokia example, the solution runs natively on the public cloud, streaming data to Vodafones analytics platform and enabling the analysis of aggregated and anonymised network data from various points across multi-vendor environments all at once, rather than processing single variables independently.

As a result, the solution can extract temporal patterns from the analyzed system to categorise network behavior and find anomalies; allowing Vodafone to quickly address issues that might impact their customers experience.

And thats all fine and good, but there are problems.

The trouble is that telcos are currently automating for one domain and not across all of them. says Boasman-Patel. You have to have an architecture so you can scale up your (AI/ML) efforts, he says. And thats what the TM Forum is attempting to organise. The point is that you have to work towards some commonality, otherwise you get lock-in and all those things. You have to manage automation at scale.

But its early days, he says. Today its all about point solutions and I think it will be another five years before that changes.

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Ironing out cell network wrinkles: Vodafone and Nokia have developed automated anomaly detection - TelecomTV

DUBLIN--(BUSINESS WIRE)--The "Lab Automation Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Lab Automation Market Report

The lab automation market is expected to grow at a CAGR of 8.53% during 2021-2026.

The study considers the present scenario of the lab automation market and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

To scale up the process of manufacturing and to produce accurate results with increased quality and reduce time consumption, lab automation is gaining high traction in the healthcare industry. Many large hospitals in the developed countries have adopted lab automation techniques.

As a result, the global laboratory information management system market is expected to exhibit a significant CAGR and annual growth during the forecast period. In addition, a high level of investment in healthcare and life science research is boosting the demand for lab automation.

LAB AUTOMATION MARKET SEGMENTATION

The global lab automation market research report includes a detailed segmentation by product, application, automation, end-user, geography. The latest workstations, which are modular and customized to suit a particular application, such as sample preparation for genomics, proteomics, cellular analysis, and more, are gaining high momentum in the market.

For instance, Abbott provides total labor depending on the requirement of the laboratory, and workstations can be procured. As a result, large laboratories are planning to prefer automated workstations to increase productivity across the globe.

The application of automation is helping researchers to test a more significant number of hypotheses. The automated robots and workstations benefit the researchers to evaluate large numbers of compounds against specific biological targets rapidly. Adopting digital workflow management practices and automated solutions is a key growth driver for labs to improve their efficiency and reduce their costs.

With the rise in the COVID-19 pandemic, most companies have invested in the task-targeted analyzers to increase the safety of lab personnel and handle the virus samples, especially in the preanalytical phase and preparing the samples to analyze it. Some pharma companies and research labs prefer using task-targeted analyzers in the post-analytical phase to produce error-free results. Compared to the total laboratory automation, implementing task-targeted automation is low, creating high growth in the market.

The biotechnology and pharma companies are increasing their usages of automated laboratory instruments, creating lucrative opportunities for the players in the market. The improved agility with the reduced testing time can reduce lead time for quality control labs by 60% to 70% and eventually leading to real-time product releases. Additionally, hospital laboratories are unique entities within the hospitals.

Around 92% of the hospitals operate with their laboratories. In recent years, private laboratories have expanded their footprints, especially in developing countries, fueling the market growth. Public health laboratories are implementing partnership strategies with the World Health Organization and other international health entities to prevent and control health threats. The investments in new technologies with automated features will be high in the upcoming years.

INSIGHTS BY GEOGRAPHY

Many hospitals in North America have started to automate their labs to improve the quality of the labs, to provide better treatments to the people. Shortage of skilled laboratory technicians, increase in the number of diagnostic tests conducted, and increased investments in the life sciences industry are some of the major factors driving the demand for laboratory automation in the US. In Canada, two gene therapies for cancer treatment have been approved, and there are plans to implement somatic gene therapy in the coming years in lab automation market.

COMPETITIVE LANDSCAPE

Manufacturers such as Abbott and Danaher are continuously focusing on product development and offering lab automation with new technology to increase their presence in the global market. In addition, key players are engaging in strategic acquisitions as part of their inorganic growth strategy to improve sales and profit margins. With the increase in the competition, vendors are expected to actively launch innovative devices to penetrate and tap the huge growth potential in the lab automation market.

Danaher, Thermo Fisher Scientific, Tecan, Illumia, Abbott, and Agilent Technologies are the leading players and accounted for significant shares in the market.

Key Vendors

Other Prominent Vendors

For more information about this report visit https://www.researchandmarkets.com/r/36h8j4

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Global Lab Automation Market Outlook and Forecast Report 2021-2026: Increased Adoption of Lab Automation Among the Genome Research Labs &...

MORLEY Taking care of 180 cows can take a village, and one Morley farm family does it with just a few members.

Less than four years ago, in an effort to make farm tasks easier and faster, Amanda Carey Goodfellow and her family began using automated machines around the farm.

Goodfellow grew up on her family farm at 3333 205th Ave. in Morley helping with chores around the property and with the animals, and decided to come back home and continue that work with her own family.

I always liked helping out on the farm, and I love the animals, so I knew it was something I wanted to keep doing, Goodfellow said. Im a fifth-generation farmer, so our family has been doing this for a while now.

The farm has equipment that monitors and completes various tasks throughout the day. One of them is a collar that the cows wear, which Goodfellow likened to a humans Fitbit, which monitors their activity. It also lets them into the robot that does the milking, and tracks how many times a cow has been milked, and allows them to receive grain from the machines.

Another machine the farm uses rotates and spreads hay along feeding troughs for the cows in the barns, as well as one that can monitor the gain in the farm's silos.

Goodfellow said the machines havent increased the production of the cows or the farm, but it has made the processes of getting milk and feeding the cows exponentially easier.

We havent seen an increase, but the cows are certainly happier, Goodfellows said.

The Goodfellows work with a number of people in order to manage the farm, such as a company to tend to the machines, repairmen for the tractors, a company that hauls the farms milk, and a feed nutritionist.

The farms tractors even utilize an automated steering system when working in the fields, and the farms fertilizer is based on a grid system and created by technology.

We work a lot with other companies and people for upkeep on the farm, but most of it is done by us, Goodfellow said. Were always trying to improve and looking at utilizing new technology when it becomes available.

"The machines we have right now have been incredibly beneficial for the past few years. Theyve become a regular part of our day around here, its hard to think of whats different right now.

In addition to making the work easier on Goodfellow and her family, the machines allows the cows to have some freedom to choose when they want to be milked, and does the process comfortably and efficiently.

Goodfellow said she enjoys the ease the machines bring to the farm, but her favorite part about working on the farm is the animals themselves.

I really love working with the animals themselves, thats why I took over this side of the operation from my dad, Goodfellow said. He still runs most of the cash cropping side of the farm, but I enjoy getting up in the morning and working with the cows and my dad and family. Its pretty cool to walk into a barn and see four generations of family working together.

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Morley family utilizes automation for farm processes - The Pioneer