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Category Archives: Automation

Europe Home Automation Market Demand during the Forecast year 2021-2028 | ABB, Legrand, Siemens, Ingersoll-Rand, Honeywell International The Manomet…

Posted: June 2, 2021 at 5:32 am

A report added on the Business Market Insights, titled Europe Home Automation Market 2021 by Company, Regions, Type and Application, Forecast to 2028 covers several well-known organizations, key market players who are leading in the market. The report contains a thorough summary of Market that includes several well-known organizations, key market players who are leading in terms of sales, variable market change, revenue, end-user demands, conformity through trustworthy services, restricted elements, products and other processes. Technical advancements, surplus capacity in developing markets, market bifurcation, globalization, regulations and environmental guidelines, production and packaging are some trends that are explained in the market report.

Leading companies reviewed in the market report are:

The Europe Home Automation Market will arrive at critical CAGR during estimate period 2021-2028. Furthermore, this report presents showcase rivalry circumstance among the sellers and friends profile, in addition, advertise value examination and worth chain highlights are shrouded in this report.

NOTE: Our analysts who monitor the situation around the world explain that the market will create a conservative outlook for producers after the COVID-19 crisis. The report aims to provide a further explanation of the latest scenario, the economic downturn, and the impact of COVID-19 on the entire industry.

Competitive Landscape:

This report will drive companies present in this market. Outstanding players in the market are studied through a full analysis of the company profile, product portfolio, production and manufacturing capabilities, technology and product development, and revenue estimation. The global market is highly integrated as there are many companies across this industry. The report then explains the current market conditions, past performance, demand and supply graphs, sales networks, and distribution channels for these companies.

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Questions answered in Europe Home Automation market research study:

Table of Contents

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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Europe Home Automation Market Demand during the Forecast year 2021-2028 | ABB, Legrand, Siemens, Ingersoll-Rand, Honeywell International The Manomet...

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4 Ways to Align Automation and Analytics – Supply and Demand Chain Executive

Posted: May 16, 2021 at 12:49 pm

New technologies often present an attractive solution when looking for ways to optimize and improve operations across your supply chain, especially as your business grows. And, while its true that automation and analytics can take your business to the next level, adding capabilities before you need them can bog you down with unnecessary complexity.

However, its possible to match up analytics and automation to the maturity of your business, and adding the right pieces at the right time creates a virtuous cycle. Information from your analytics tells your systems what to do, which identifies the areas where automation makes the most sense. Heres how to grow those areas along with your company.

If youre just getting started in business, you probably look at freight costs strictly as an expense. At this point, the concentration is typically focused on ensuring that business is bringing in money and that the supply chain is mostly reliable, so your focus remains on the day-to-day execution rather than on long-term strategic efficiencies and sophisticated metrics.

At this point, you can get by with basic descriptive analytics that tell you what has been happening along the supply chain. Youll want to understand what happened in your most recent shipments and compare that to previous months. By looking at historical data by region, by month and by shipping mode, youll be able to get a high-level picture of how business is running and uncover potential opportunities for improvement.

Most companies find themselves at this level, where they know what has been happening but want to understand why. With that knowledge, it becomes possible to enable a proactive approach to create opportunities and efficiencies in your supply chain.

Once you have information like revenues, on-time performance and operating margin, you can better understand all of the factors that go into shifts in cost. This allows you to optimize and clean up any issues causing prices to increase while enabling you to take advantage of factors that have helped keep costs down.

At the first stage, youre able to say, we spent $500,000 on shipping last year, which was up 20% from the previous year, and here are the regions where we spent that money. But, with more diagnostics and analytics to show the reason behind that increase, it becomes clear where some carriers perform better than others, or that your spending increases in early spring, or that shipping by rail lost money all of which leads to more informed decisions.

At this stage, gaining access to analytics and understanding your supply chains driving forces are top priorities. Adding automation is likely to complicate matters before you have achieved a firm grasp of them.

At this stage, you have gained a deeper understanding of your supply chain analytics, and you are ready to add automation to take it to the next level. To make automation work, youre going to need data a lot of it. The good news is that shippers at this level typically have plenty of data to work with. The bad news is that it's normally spread across various systems and spreadsheets.

By bringing all this disparate information together and automating reports of warehouse data, inventory data, logistics data and more, you become better at analyzing risk and picking out where the inefficiencies in the system lie. Furthermore, by pulling together information from relevant external sourcesweather reports, holiday hours, infrastructure changesyou can begin to predict certain events. With insights like these, youll know, for example, that a sunny spring in Florida means more trucks headed that way and the chance to take advantage of cheaper rates.

Automation is a major step toward looking forward as a business. Youll be able to understand whats going to happen, which will lead to significantly more savings, a scaled-up operation and increased productivity.

Up to this point, youve used analytics to understand whats going on and found where automation makes sense. The goal is to optimize all phases of the operation, leaving you and your team to make quick, responsive decisions on anything that falls out of the normal set of rules.

Combining everything from the previous three tiers will help you reach maximum efficiency and take things even further. Being able to describe what happened in the past and trace the reasons for it will allow you to understand, predict and proactively make a recommendation.

Something as essential to supply chain managers as the routing guide can be transformed with recommendations. Now, instead of a traditional, rules-based document for vendors and suppliers, a dynamic routing guide can respond to unfolding market conditions and adapt in real-time, recommending updates to those rules along the way. When the market returns to normal, the routing guide does as well.

There is one common thread that runs through all these tiers: data. At every level, its critical to keep data in a central location. As the business grows, youre in for a major headache if your data is in disparate systems and silos.

Wherever you are in the life of your business, theres a level of automation and/or analytics to fit specific requirements. In the early stages, ad hoc reports and dashboards provide valuable information. As the company grows, you can automate how that data is collected and sent to a central location. Eventually, youll be managing fully automated processes and flows. Matching up these capabilities with the maturity level of your business can significantly improve and streamline your operations.

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4 Ways to Align Automation and Analytics - Supply and Demand Chain Executive

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Is Combining SCADA and MES a Good Idea? – Automation World

Posted: at 12:49 pm

Technology convergence is well-known in nearly every sector. Weve all seen it happen in the consumer tech sector, most notably as our cell phones transformed into smartphones that allow us to make and receive phone calls, visit websites, provide GPS travel directions, conduct video meetings, take high quality photos, and much more.

This kind of convergence happens in the industrial sector too.

A couple of high-profile examples include the programmable automation controller, which extends the capabilities of a programmable logic controller with broader industrial computer capabilities and, more recently, the growing combination of robot and vision technologies to expand and enhance industrial robotic picking and placing.

This combination of existing technologies, particularly in industry, serves two purposesto extend the capabilities of each technology beyond what each could do on its own and reduce the amount of systems operators or managers need to rely on for information. With respect to the latter purpose, its as much a technology consolidation as a combination.

One early example of this can be seen in the evolution of MRP (materials requirement planning) into ERP (enterprise resource planning), as more front office and plant applications were combined with, what was originally, a production planning and scheduling tool.

Now, were beginning to hear about the potential of combining MES (manufacturing execution systems) and SCADA (supervisory control and data acquisition) technologies. To learn more about this, we connected with Sam Russem of Grantek (a system integration firm) for a recent episode of the Automation World Gets Your Questions Answered podcast series. We spoke with Russem about this because, not only is he aware of this technology consolidation, hes worked with a manufacturers who have done it.

Both of these systems are software tools designed to perform a lot of different functions. MES is going to do things like manage your production orders and data relevant to them, analyze some of your raw production data, and turn that into more useful management information like track-and-trace information or summarize raw data into performance KPIs (key performance indicators), said Russem. It also needs to communicate in real time to your SCADA systems and work transactionally with business and ERP systems. On the SCADA side, thats really defined by the ability to connect to plant floor equipment, particularly PLCs, sensors, and other shop floor devices; raw data records [from these devices] are often kept in that SCADA layer. Most importantly, SCADA is where you have the supervisory controls that let your human operators see whats happening with the plant floor equipment and help to control it.

Since both systems are focused on device data acquisition and visualization, it helps to view them with respect to the ISA 95 or Purdue Model.

When you're talking about Level Zero of the Purdue Model, these are physical production processes that happen in real time, Russem explained. But up at the Level Four business systems, those are usually operating in terms of weeks and quarters. Therefore, a SCADA system at Level Two needs to be able to communicate a lot faster with PLCs. Thats why it can communicate at sub-second rates. MES works on a slightly longer time scale; it is not usually going to be getting into sub-second level control data, it's more focused on hours, or shifts, or sometimes days or weeks. This difference in speeds affects the protocols that each of those systems use. SCADA needs to be interfacing with industrial protocols like OPC, EtherNet/IP or Modbus, whereas MES has an even wider range of communication protocols it needs to support because it talks to SCADA systems usually through OPC or database connectionsbut also to the business systems through a firewall using web services and other protocols.

Sam Russem of Grantek.Given these differences in communication speeds, it would be easy to dismiss the possibility of combining MES and SCADA, but Russem noted that the concept of flattening the stack helps explain the push toward combining the two systems due to the human interfacing nature of both.

If you can present your control layer and your management layer in a similar platform in a similar way, where it's kind of seamless between those two functions, there's definitely an opportunity to streamline that human interface, said Russem. They're also, of course, both managing your production assets. They're just usually concerned about doing that at different scales. For example, think about the temperature of a batch tank. A SCADA wants to know the temperature of the batch tank tag and it wants to monitor that every second because if it starts to drift in a bad direction, the SCADA system is going to be where youll issue your correction and try to bring that temperature back into control. The MES is going to care about the temperature of the tank too, but it likely only cares if it actually went out of spec and it needs to know an exception for future quality review. So, while theyre focused on different aspects, they are both connecting to the same type of data.

Another benefit he noted involves reducing the number of screens and process complexity that operators must deal with daily. You walk up to these machines and there can be five different screens just to run a single piece of equipment. So, anytime you have an opportunity to streamline operations or bring things to a single control point to make sure that people don't need to be monitoring multiple screens to get the information they need to do their job, there are huge benefits.

If you can present your control layer and your management layer in a similar platform in a similar way, where it's kind of seamless between those two functions, there's definitely an opportunity to streamline that human interface.

Despite such benefits, Russem does advise caution if youre thinking of combining MES and SCADA. A combined MES and SCADA system can require a lot of compute power, as both are heavyweight systems on their own. By putting them all together, you're making a super system and you need to make sure that you have the physical compute power to monitor and maintain them. This is especially important for SCADA because its working in real time and is absolutely mission critical. You don't want slow network speeds to affect your ability to actually control your process.

The system this manufacturer is using is Inductive Automations Ignition SCADA with Sepasofts MES modules. Sepasoft is a strategic partner of Inductive Automation.

To have all of this within one system was very beneficial to the manufacturer, Russem said, as they developed this system with an agile approach of starting with SCADA and iterating on that over time to add production scheduling, OEE (overall equipment effectiveness), and SPC (statistical process control) to manage their risk at each of those stages.

The only downside we really saw was that the system got a bit bulkier, and there is a little bit of a risk to the business (as a result), he said. As they continue to add more features and more lines [to the system], there might be a place down the road where they're going to need to split that [combined system] into multiple servers to run it; at which point it might actually make sense to kind of split out their MES and the SCADA functions again. I'm not quite sure if we're going to get to that point. But we are looking at a horizon where it could make sense to split those again, and we'll see how it how it all works out.

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Is Combining SCADA and MES a Good Idea? - Automation World

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Research Report and Overview on Robotics Process Automation Solution Market, 2 – News By ReportsGO

Posted: at 12:49 pm

Research Report and Overview on Robotics Process Automation Solution Market, 2021-2026

The latest Robotics Process Automation Solution market report lends a competitive head start to businesses by offering accurate predictions for this vertical at both regional and global scale. It entails a top-to-bottom evaluation of the various industry segments, highlighting the current and future development possibilities, and all other factors affecting the revenue potential. Moreover, the research piece covers the leading companies, as well emerging contenders and newcomers to provide a holistic view of the competitive landscape. Additionally, it makes inclusion of the challenges due to the Covid-19 pandemic and the potential paths going forward.

Key highlights from Covid-19 impact assessment:

An overview of the regional landscape:

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Other important inclusions in the Robotics Process Automation Solution market report:

Additional information from the Robotics Process Automation Solution market report:

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

Market segmentation

The Robotics Process Automation Solution market is split by Type and by Application. For the period 2020-2025, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Research Objective:

Why to Select This Report:

The research process begins with internal and external sources to obtain qualitative and quantitative information related to the Robotics Process Automation Solution market. It also provides an overview and forecast for the Robotics Process Automation Solution market based on all the segmentation provided for the global region. The predictions highlighted in the Robotics Process Automation Solution market share report have been derived using verified research procedures and assumptions. By doing so, the research report serves as a repository of analysis and information for every component of the Robotics Process Automation Solution market.

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Research Report and Overview on Robotics Process Automation Solution Market, 2 - News By ReportsGO

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Service Delivery Automation(SDA) Market Insights and In-Depth Analysis 2021-202 – News By ReportsGO

Posted: at 12:49 pm

This report studies the Service Delivery Automation(SDA) market in many aspects of the industry such as market size, market conditions, market trends and forecasts, and the report also provides brief information on competitors and specific growth opportunities with key market drivers. To provide, find complete Service Delivery Automation(SDA) market analysis segmented by company, region, type and application in the report.

The business intelligence report of Service Delivery Automation(SDA) market elaborates on key growth drivers, opportunities and challenges that will influence industry growth in the coming years.

Seasoned analysts cite that Service Delivery Automation(SDA) market is predicted to expand at an annual rate of xx% over 2021-2026 and will be valued at USD XX by the end of the analysis period.

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Furthermore, the report provides an in-depth analysis of the business sphere by bifurcating it into segments. Specifics like sales amassed, revenue accrued and factors affecting consumption patterns across the key geographies are studied thoroughly. Also, detailed profiles of leading players including their strengths and weaknesses is given in the document.

Moving on to recent developments, the covid-19 pandemic has forced governments to enforce lockdowns which has severely affected the revenue flow and business operations worldwide. In this context, the research document presents actionable insights that can help industry stakeholders in building contingency plans and managing market uncertainty successfully.

Highlights from the Service Delivery Automation(SDA) market report:

Service Delivery Automation(SDA) market segmentation:

Geographical fragmentation: North America, Europe, Asia-Pacific, South America, Middle East & Africa.

Product gamut: IT Process Automation and Business Process Automation

Application scope: IT Services , Pharma & Healthcare , Life Sciences and Others

Competitive dashboard: IBM Corporation , UiPath , IPsoft , Blue Prism , Xerox Corporation , Nice Systems Ltd. , Celaton Limited , Openspan. Inc. , Automation Anywhere, Inc. , Arago US, Inc. , Genfour Ltd. and Exilant Technologies Private Limited

Major Points Covered in Table of Contents:

The key questions answered in this report:

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Service Delivery Automation(SDA) Market Insights and In-Depth Analysis 2021-202 - News By ReportsGO

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Automated Incubators and Storage Systems Increase Throughput and Sample Protection – PRNewswire

Posted: at 12:49 pm

The Thermo Scientific Cytomat 24 automated incubators and storage systems bring the latest incubation technology to large capacity microplate incubation applications, with excellent temperature uniformity and stability that ensure reproducibility for cell culture applications. The systems provide speedy delivery of microtiter plates through an advanced plate shuttle system to meet the needs of high-throughput laboratories and accelerate research. An LED touch screen is door mounted for easy accessibility and viewing. Convenient on-screen user prompts provide enhanced ease-of-use.

"As automated systems are adopted across a range of expanding applications, we continue to see new challenges arise, such as the need to minimize contamination risks in large capacity cell culture applications," said Hansjoerg Haas, senior director and general manager, lab automation, Thermo Fisher Scientific. "Through a fully automated ContraCondecontamination routine, the Cytomat 24 automated incubators and storage systemssimplify cleaning and disinfection, providing our customers with confidence in their sample integrity. Customers are always looking for opportunities to increase productivity in their processes while ensuring the quality of the samples and results. The Cytomat 24 automated incubators and storage systemsreduce the mean plate access time to 15 secondsallowing users to achieve their research goals in less time."

Users of the Cytomat 24 automated incubators and storage systemswill benefit from:

To find out more about the Cytomat 24 automated incubators and storage systems, please visit thermofisher.com/Cytomat24.

About Thermo Fisher Scientific Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $30billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, improving patient diagnostics and therapies or increasing productivity in their laboratories, we are here to support them. Our global team of more than 80,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services and Patheon. For more information, please visit http://www.thermofisher.com.

Media Contact Information: Laura Bright Thermo Fisher Scientific +1 562-335-8318 [emailprotected]

Janice Foley BioStrata +1 617-823-5555 [emailprotected]

SOURCE Thermo Fisher Scientific

http://www.thermofisher.com

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Automated Incubators and Storage Systems Increase Throughput and Sample Protection - PRNewswire

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Brooks Automation Reports Results of Second Quarter of Fiscal 2021, Ended March 31, 2021, and Announces Quarterly Cash Dividend – PRNewswire

Posted: at 12:49 pm

CHELMSFORD, Mass., May 10, 2021 /PRNewswire/ -- Brooks Automation, Inc. (Nasdaq: BRKS) today reported financial results for the second fiscal quarter of 2021, ended March 31, 2021.

Financial Results Summary

QuarterEnded

Dollarsinmillions, except per share data

March31,

December31,

March31,

Change vs.

2021

2020

2020

Prior Qtr

Prior Year

Revenue

$

287

$

250

$

220

15

%

30

%

Semiconductor Solutions

$

157

$

131

$

125

20

%

26

%

Life Sciences

$

130

$

118

$

95

10

%

36

%

Diluted EPS Continuing Operations

$

0.32

$

0.36

$

0.12

(12)

%

158

%

Diluted EPS Total

$

0.32

$

0.35

$

0.12

(9)

%

158

%

Non-GAAP Diluted EPS Continuing Operations

$

0.61

$

0.47

$

0.25

30

%

145

%

Adjusted EBITDA

$

71

$

58

$

35

23

%

105

%

Today the Company also announced plans to separate into two independent, publicly traded companies by establishing a standalone life sciences company, comprised of the Life Sciences business and a standalone automation company, comprised of the Semiconductor Solutions business. The separation is expected to be completed by end of the calendar year 2021 and does not affect the presentation of the financial statements included within this release. Please see the Company's separate press release for further information.

Management Comments "Record level revenue in the second quarter is yet another proof point of the strength and continued momentum of our Life Sciences and Semiconductor Solutions businesses," commented Steve Schwartz, President and CEO. "While today's separation announcement reflects years of strategic investment and innovation, we believe that the Life Sciences and Semiconductor Solutions businesses are now of size and scale to operate and benefit from their own standalone structures. Looking ahead, we see strong demand in both businesses supporting continued acceleration as we enter the second half of our fiscal year."

Summary of GAAP ResultsSecond Quarter, Fiscal 2021

In the following analysis of the non-GAAP results, Brooks adjusted the GAAP results to provide investors better perspective on the results of operations which the Company believes is more comparable to the similar analysis provided by its peers and/or representative of the normal operations of the business. In this context, the Company has removed the effect of the charge in the second quarter of 2021 related to liabilities for import tariffs related to imports in prior fiscal years. The cost of import tariffs which pertain to the current fiscal year imports remain in the results discussed below. A description of all adjustments and reconciliation of non-GAAP measures to the most nearly comparable GAAP measures follow the consolidated balance sheets, statements of operations and statements of cash flows included in this release.

Summary of Non-GAAP Results for Continuing Operations Second Quarter, Fiscal 2021

Cash and Liquidity

Quarterly Cash DividendThe Company additionally announced that the Board of Directors has reiterated a dividend of $0.10 per share payable on June 25, 2021 to stockholders of record on June 4, 2021. Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors.

Guidance for Third Quarter Fiscal 2021The Company announced revenue and earnings guidance for the third quarter of fiscal 2021. Revenue is expected to be in the range of $300 million to $320 million and non-GAAP diluted earnings per share is expected to be in the range of $0.65 to $0.75. GAAP diluted earnings per share for the third fiscal quarter is expected to be in the range of $0.46 to $0.56.

Conference Call and WebcastBrooks management will webcast its second quarter earnings conference call today at 4:30 p.m. Eastern Time. During the call, Company management will respond to questions concerning, but not limited to, the Company's financial performance, business conditions and industry outlook. Management's responses could contain information that has not been previously disclosed.

The call will be broadcast live over the Internet and, together with presentation materials referenced on the call, will be hosted at the Investor Relations section of Brooks' website at http://www.brooks.investorroom.com, and will be archived online on this website for convenient on-demand replay. In addition, you may call 800-913-8744 (US & Canada only) or +1-212-271-4615 for international callers to listen to the live webcast.

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Brooks Automation Reports Results of Second Quarter of Fiscal 2021, Ended March 31, 2021, and Announces Quarterly Cash Dividend - PRNewswire

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DNV, partners researching automated verification of offshore wind turbine inspection results – WorldOil

Posted: at 12:49 pm

5/13/2021

DNV has launched a new collaborative research project to develop an automated data processing procedure for verification of detected wind turbine blade defects, with the aim of building trust and generating broader acceptance of automated data processing techniques across the industry and to inform future regulation.

The research project, which is being conducted in partnership with the University of Bristol and Perceptual Robotics, will investigate the automated verification, validation and processing of inspection data, collected by autonomous drones, to improve inspection quality and performance. The project aims to contribute to the development of the UK automated inspection industry.

Unmanned autonomous and remote-controlled vehicles and drones are routinely used to conduct asset inspections in the hard to reach, extreme environments of offshore wind farms. These vehicles can collect rich and extensive data sets including high-definition video, images, geo-positioning and sensor data, to provide integrity information about the installed structures without personnel having to access these dangerous locations.

The research project, which will run for 12 months from April 2021, will address the need for fully automated processing of the data collected, where currently this remains a semi-automated process with reliance on visual inspections of image data by trained experts.

With many inspections still being carried out manually, visual inspection of offshore wind turbines, is expensive, labour intensive, and hazardous, Dr. Elizabeth Traiger, a DNV Senior Researcher in digital assurance said. Automatic visual inspections can address these issues.

This collaboration will develop and demonstrate an automated processing pipeline alongside a general framework with the aim of generating broader acceptance across the industry and informing future regulation. This project should provide a stepping-stone to the growth of the automated inspection industry.

With the number of installed wind turbines worldwide increasing, including those in remote and harsh environments, the volume of inspection data collected is quickly outpacing the capacity of skilled inspectors who can competently review it, said Pierre C Sames, Group Research and Development Director at DNV. This research project will develop means to tackle this challenge through machine learning algorithms and process automation.

As part of the project, the Visual Information Lab at the University of Bristol, experts in 3D computer vision and image processing, will create algorithms for automated localization of inspection images and defects using SLAM and 3-D tracking technology.

Perceptual Robotics, an SME specializing in visual inspection of wind turbines using drones, will perform drone inspections and create AI based models for defect detection to trial automation of process in a commercial production environment.

DNV will provide inspection expertise, verify data collected, validate the methodology and performance of the AI algorithms and provide guidance as to existing DNV and IEC recommend practices, regulations and industry networks.

The research is supported by an Innovate UK grant gained as a result of winning the Robotics for a safer world: extension competition.

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DNV, partners researching automated verification of offshore wind turbine inspection results - WorldOil

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Robotic Process Automation Market 2021 Competitive Insights Automation Anywhere Inc., Blue Prism Group PLC, Jacada Inc., Pegasystems Inc., UIPath…

Posted: at 12:49 pm

The Robotic Process Automation Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The robotic process automation market was valued at USD 2094.3 million in 2020 and is expected to reach USD 9416.82 million by 2026, at a CAGR of 27.7% over the forecast period 2021 2026.

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Top LeadingCompaniesof Robotic Process Automation Market areAutomation Anywhere Inc., Blue Prism Group PLC, Jacada Inc., Pegasystems Inc., UIPath Inc., Kofax Inc. (Thoma Bravo LLC), Be Informed BV (Hoogenberg Beheer BV), Datamatics Global Services Limited, AutomationEdge Technologies Inc., Appian Corporation, HelpSystems LLC (HGGC), Nice Robotic Automation Ltd, CGI Inc. and others.

Key Market Trends:

IT and Telecom is expected to hold major share

The increase in the adoption of RPA among the IT and telecommunication industries to reduce the operational costs and enhance overall customer satisfaction is expected to be the major growth driver. IT and telecommunication companies can experience other benifits by deploying RPA which includes centralization and consolidation of request management systems for increased efficiency, improved transparency and visibility for service functions, automation of request service-level agreement reporting, and reduction of manual efforts.

Investigator Observers Strong Growth in Specific Regions:

EuropeMarket (Germany, UK, France, Russia, Italy)

Center East and AfricaMarket (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

South AmericaMarket (Brazil, Argentina, Colombia)

North AmericaMarket (United States, Canada, Mexico)

Asia PacificMarket (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report: Robotic Process Automation Market Size & Analysis (2016 2026) Market Share Analysis of Robotic Process Automation Market (%),2016 2026 Robotic Process Automation Market Share, By Brand Robotic Process Automation Market Share, By Company Robotic Process Automation Market Assessment & Opportunity (Value),2016 2026 Major Companies Robotic Process Automation Market Value Analysis & Forecast Promising Robotic Process Automation Development by Major Companies Detailed Robotic Process Automation Portfolio of the Major Companies Major Deals in the Robotic Process Automation Market Major Companies Analysis

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The Report Answers the Following Questions about the Robotic Process Automation Market: What is the size of the Robotic Process Automation market during 2016-2026? What will be the revenue generated by each Robotic Process Automation during the forecast period? Which Robotic Process Automation provides the highest market share? What are the leading companies dominating the Robotic Process Automation market? What is the share of these companies in the Robotic Process Automation market? How will the industry evolve during the forecast period 2021-2026? What is the key development implemented by the leading players to stand out in this market? Who are the key players in this market space?

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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Robotic Process Automation Market 2021 Competitive Insights Automation Anywhere Inc., Blue Prism Group PLC, Jacada Inc., Pegasystems Inc., UIPath...

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The quest for end-to-end intelligent automation – CIO

Posted: May 14, 2021 at 6:16 am

The pandemic has seen accelerated interest in process automation as organizations have scrambled to overhaul business processes and double down on digital transformations in response to disruptions brought about by COVID-19.

And for IT leaders stepping into or already steeped in such modernization efforts, artificial intelligence mainly in the form of machine learning holds the promise to revolutionize automation, pushing them closer to their end-to-end process automation dreams.

But for now, AI-powered process automation remains a piecemeal approach, in which AI is involved in individual tasks but not across the entire process chain. Regardless of how vendors spin it, fully intelligent automation has not yet arrived but organizations working to fill the gaps are finding innovative ways to this promising concept closer into being.

A typical use case for AI in automation includes the following: instead of requiring someone to manually re-key information from a PDF into a form, an AI is trained to do it for them. Or, when an employee would normally hunt through corporate documents to answer a customer question, an AI suggests possible answers.

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The quest for end-to-end intelligent automation - CIO

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