Category Archives: Automation

By MMH Staff May 3, 2021

Greg ConnerVice President of Corporate DevelopmentBastian Solutions

We continue to be amazed by the number of companies that are trying to understand how automation can positively impact their businesses. While we were uneasy about how many people would attend the show, it was exciting to see all the interactions. There were many great introductions; the seminars and product demos were well attended; and were looking forward to where the future of industry trade shows is headed.

Most importantly, it has never been a more exciting time to be in our industry. Companies realize that investing in the right mix of scalable automation positions them for growth and success, so there is a lot of opportunity. A key focus for us is continuing to invest in our team of industry experts so as to support our growing client base.

After the challenges brought on by 2020, we anticipate market trends that reflect the need for automation and redundancy. The pandemic exposed major weaknesses in the supply chain and companies are looking at ways to mitigate future risk. In the past, automation was largely viewed as a cost savings strategy.

Post-COVID-19, the companies we are talking with are also seeing automation as a means to reduce their exposure to risk. Technologies such as robotic bin picking, micro-fulfillment, and ecommerce automationalong with strategic last-mile fulfillmentare trends we see companies implementing sooner as a result of lessons learned through the pandemic. Consumer buying habits have been significantly altered, further increasing the demand for same-day and next-day delivery.

As an independent systems integrator, Bastian Solutions offers a unique approach. Resiliency starts with system design. Our access to the most advanced technologies coupled with our industry leading software gives us the ability to provide our clients with truly the best solution for their application. As a part of the Toyota organization, we can offer our clients something no one else in the industry can: a truly turnkey solution. With access to over 6,000 skilled Toyota and Raymond support technicians, Bastian Solutions can provide not only system resilience but also peace of mind knowing our field support team is right around the corner. Our growing team of recognized industry leaders is prepared to support our clients by delivering intelligent system designs that offer scalability, accuracy, and the best ROI.

View the related white paper from Bastian Solutions: How to Ease Labor Challenges With Advanced Automation

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Automated Solutions Take Center Stage in the Warehouse and Distribution Environment - Modern Materials Handling

There has been a shift in perspective around the use of technology and automation being used to enhance creativity and scaling content creation. This is likely due to the accelerated digital transformation of brands through the pandemic.

Half of marketers surveyed reported accelerated digital transformation in 2020.

The acceleration of digital transformation wiped away any lingering doubts about the need to apply automation to creative processes, says Andrew Hally, CMO at Byder.

Digital initiatives depend on a strong brand story and smooth digital experiences, powered by compelling and personalised content.

Not a single respondent working in video, design or a creative comms role reported a decline in demand of their services.

Of the 89% of respondents that believed technology can help creativity within organisations, only 1% said branding cannot be automated, a striking contrast from 23% in 2020.

Automation hasnt yet been broadly applied to upstream creative work, resulting in a content crunch that leaves brands struggling to keep up. Marketers are now ready to tap its potential to meet the demand for growing volumes of content and achieve the agility required for digital marketing, adds Hally.

The 2021 State of Branding report also identified breaking through on digital platforms as the biggest concern for comms creatives, specifically crowded platforms, creative content and brand consistency.

Bynder commissioned independent research specialist, Vanson Bourne, to conduct the research for this report. Between January and March 2021, 1,600 marketing and creative respondents were interviewed across the US, UK, Germany, France and the Netherlands.

View the full report here.

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Automation of branding is set to increase - 2021 - Articles - Transform magazine

41% of logistics providers report their biggest challenge to scaling last mile operations is outdated business processes and manual operations, while another 36% point to legacy technology

CHICAGO, May 4, 2021 /PRNewswire/ --Bringg, the leading delivery and fulfillment cloud platform provider, released findings today from a recent survey in its report, State of Last Mile Logistics. The report examines how logistics providers are focusing their last mile operations today, and highlights gaps in how key goals and priorities are being met through last mile technology.

As part of this report, Bringg surveyed 200 logistics leaders who work for companies with 200 - 50,000 employees across eight countries in North America and Western Europe. The results showed that the growth of eCommerce, customer expectations and rising last mile delivery volumes have created a capacity problem that logistics providers are struggling to fill. Over 60% of logistics service providers saw increased demand for last mile delivery, but a lack of visibility, automation and innovative tech is holding them back. 41% say their biggest challenge to scaling last mile operations is outdated business processes and manual operations, followed by legacy technology (36%).

A third-party ecosystem will rise to become the reliable partner for logistics services providers that cannot meet customer demand themselves. However, although there is a strong sense of urgency in the industry to fill the gaps in tech capabilities, it is important to note that meeting short term goals while facilitating long term growth is a key component to overall success.

Key findings in the report include:

"This past year has forced retailers and service providers to assess their supply chain agility and resilience," said Guy Bloch, CEO at Bringg. "While they want to take advantage of growing opportunities in the world of ecommerce, they are challenged by legacy systems, limited visibility and high operational costs. In 2021, we look forward to providing retailers and logistics providers cloud-based delivery and fulfillment solutions that digitize, automate and orchestrate their logistics operations. With greater visibility and control, they in turn can deliver better experiences to their customers."

To download a copy of the State of Last Mile Logistics Report, please visit https://www.bringg.com/resources/white-papers-and-ebooks/state-of-last-mile-logistics.

About BringgBringg helps enterprises scale up and optimize their logistics operations with our data-led delivery and fulfillment cloud platform. Using Bringg, retailers and logistics providers can rapidly enable innovative delivery and fulfillment models that maximize the customer experience, optimize logistics operations and scale business channels for growth. Some of the world's best-known brands in more than 50 countries use Bringg's platform to deliver the perfect last mile experience at peak efficiency across multiple delivery models.https://www.bringg.com

Media ContactKatie McGovernSHIFT Communications [emailprotected]

SOURCE Bringg

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Over 50% of Logistics Providers Will Focus on Automation to Meet Growing Delivery Volumes, According to Bringg's State of Last Mile Logistics Report -...

There are some things in life that we can only learn about through firsthand experience. No matter how much we dream, read, or listen to advice about such things, nothing can fully prepare us for their reality. Being a mother is one of these amazing things.

We can be a mother of a baby, a child, or a grown-up; a birth or adoptive mother; a mother to our nephews, neighbors, pets, or plants. A solo or co-parent, a father-mother or even a mother to our own parents. The moment we become responsible for someone, we take on this new role in our lives.

While this can be the most joyful experience in the world and provide unimaginable love and fulfillment, it can also come with a list of never-ending challenges. The more help we can get in our everyday lives, the better well be able to manage the tasks that we want to accomplish.

Home security and automation are of great value in this sense. A home with custom solutions can make every mothers life easy and comfortable in a few clicks. From safety and comfort, to peace of mind, custom solutions allow us to leverage the benefits of modern times whilst performing our daily tasks.

As concerned about our kids as we may be, we cant keep them close all the time. But we can take steps to keep them safe and ease our worries in the process. When they walk home from school, for instance, we want to ensure that they arrive safe and nothing bad happens on their way home. Imagine being sent a text when your front door opens and being able to view your children enter your house, using a simple smartphone app.

And if they forget to take their keys with them, you can unlock the door remotely using the same app ensuring that they can get inside safely, instead of waiting at the neighbours.

Concerned about the kids playing around your pool, especially your little ones? Motion detection cameras can show what activity is happening around the area, at any time. Wherever we are (at home or outside), custom monitoring solutions can help us keep an eye on everything.

New moms know how sacred a babys nap is. Any movement or noise can wake them up, and it may be a while before they (or we) fall asleep again. How we wish that we could elongate our arms to reach that far away remote control or light switch. Well, wish no longer. With the same all-in-one app, you can simply press a button on your phone to adjust the lighting or turn the TV volume down. Simple as it should be!

For smoother mornings, imagine replacing the loud clock alarm in the kids bedroom with some exciting music, and programming the lights to turn on automatically at a chosen time. Then all we need to do is come in shortly afterward, and ensure that they are up and ready to head to school.

On those days when we come home from the grocery store holding multiple bags, without a hand to spare, we can simply turn on the lights and unlock the door with a finger.

When we become mothers, finding time for ourselves is tough. Kids demand so much attention! Still, its important to take some me time to go for a run or sit at the park to enjoy the peace and quiet.

When taking this time to ourselves, we may perhaps leave our eldest child to babysit the youngest or leave the dog at home alone. Nevertheless, we can still see what is happening at home by checking the app on our device. We can also check that the doors are locked, or turn on the lights when it gets dark. And if someone rings the doorbell, we can answer it remotely on their behalf.

At the end of the day, when the kids go to bed and your pet is napping contentedly at your feet, it can be a real treat to simply lie down on the couch with our smartphone and order some food. Might as well dim the lights, adjust the temperature, and stream a movie On Demand, too. Moments like this are precious and remind us of the things we like to do and who we are beyond being a mom.

Security and automation solutions provide great features to everyone, especially to the mother figures who tell us real stories every day. Just like each unique mother, TELUS Custom Security Systems can bring a unique solution to every moms life.

With over 200 years of acquired industry experience and featuring best-in-class quality video, analytics, access control, and integration with the innovative solutions of the future, TELUS Custom Security Systems is a real help to real moms. Visit telus.com/customhomes today and learn more.

This content was provided by one of Daily Hives client partners. Daily Hive was not involved in the creation of the content.

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How tailored security and automation can be a real help to real moms | Venture - Daily Hive

The report offers advice for how insurers can turn self-service virtual claims processing into a competitive advantage and outlines a 2025 claims automation roadmap

ATLANTA, May 3, 2021 /PRNewswire/ -- LexisNexis Risk Solutions today released its 2021 "Future of Claims Report," revealing how the COVID-19 pandemic has accelerated claims automation. The report includes actionable insights for auto insurance carriers to improve their customer experience and turn virtual claims processing into a competitive advantage. The secret? Offering a hybrid model of self-service claims with access to a personal touch when consumers feel they need it.

LexisNexis Risk Solutions (PRNewsfoto/LexisNexis Risk Solutions)

The third edition of the bi-annual LexisNexis Risk Solutions study tracks the auto insurance industry landscape and identifies the latest trends in claims processing, including how the insurance industry is adapting in its automation journey and where carrier and consumer perceptions intersect and diverge on the road toward touchless claims processing. As part of its analysis, LexisNexis Risk Solutions interviewed 25 auto insurance claims executives and surveyed 1,750 auto insurance policy holders, of which 1,000 filed a claim within the last two years (a subset of which filed claims since March 2020 after lockdowns were initiated). The results of the study underscore how the pandemic has impacted the claims process and helped define a new normal.

Prior to the pandemic, less than 15% of auto insurance claims were handled virtually, but as soon as the shutdown was implemented in March 2020, virtual claims handling increased to 100% - based on conversations with insurance carriers. Now, just over a year later, virtual claims handling has settled to a level of a little over 60%, illustrating that while consumers are getting comfortable with automated processes, insurance carriers have some work to do to keep the industry moving toward a future of touchless claims.

"While the past year has proven to be a great awakening for claims automation, we're now at a crossroad, and what will set insurers apart is a complete claims handling digital transformation and move from traditional to touchless," said Bill Brower, Vice President, Claims, LexisNexis Risk Solutions. "As we look ahead to 2025, the industry should be optimistic that we will soon see a day when the vast majority of claims will be processed virtually. But it will take hard work to get there."

Story continues

The Future of Claims reveals that auto insurance carriers are on their way to touchless claims, but that insurers need to understand and cater to their customers' wants and needs when it comes to the digital claims experience to get to complete adoption of the process. Key highlights include:

Comfort and satisfaction with the claims automation process is increasing and consumers are now seeing the advantages of self-service claims, as 62% say it's more convenient to submit a claim any time/anywhere, and 55% say it enables faster claims settlement.

Younger, more technology-savvy generations are adopting faster as 68% of Millennials and 53% of Gen Xers say that the pandemic has made them open to filing a claim online.

Mastering a hybrid model is the sweet spot for claims processing as it provides the benefits of automated solutions combined with access to help from a Claims Representative when consumers feel they need it, which helps avoid frustration.

Automation has shifted from driving efficiency to driving decisioning as carriers are now leveraging the benefits of artificial intelligence and machine learning to enhance the processes for damage assessments, segmentation, estimations and payouts, in addition to intake support.

Areas of Improvement to Increase Customer SatisfactionWhile adoption is increasing and overall virtual claims satisfaction remains high at 92%, those "very satisfied" with their recent virtual claims process slipped 11% since 2019, likely driven by increased consumer expectations for ease of use. Many indicated dissatisfaction with some of the tools, particularly for more complex claims. To improve the customer experience with self-service claims, the study reports that timeliness, reducing the number of touchpoints, and utilizing features like data prefill are the areas of focus for carriers.

Although consumers may be most vocal about the ease of their virtual claims experiences, it's actually data privacy concerns that are their primary apprehension when it comes to adopting touchless claims. More than three in five (61%) consumers expressed concern about the security of their personally identifiable information when submitting claims virtually. While carriers understand the importance of cybersecurity, only one in 10 are using two-factor identification, which may suggest a struggle to address cybersecurity in their claims processes.

"Overall, consumers are willing to move to more self-service claims options as long as the experience continues to evolve to meet their expectations and deliver the benefits of convenience and security," continued Brower. "Whether claims automation will become the new normal is still up for debate, but this past year has proven to be a powerful proof point for the viability of automated claims processing, both in terms of insurer capabilities and consumer receptivity. Now is the time for insurers to continue to develop and refine their claims handling digital transformation, before it's too late."

About LexisNexis Risk Solutions LexisNexis Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit http://www.risk.lexisnexis.com and http://www.relx.com.

Media Contacts: Rocio Rivera LexisNexis Risk Solutions Phone: +1.678.694.2338 rocio.rivera@lexisnexisrisk.com

Mollie Holman Brodeur Partners for LexisNexis Risk Solutions Phone: +1.646.746.5611 mholman@brodeur.com

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LexisNexis Future of Claims Study Illustrates How COVID-19 Accelerated Claims Automation for Both Insurance Carriers and Consumers - Yahoo Finance

This market report involves the drivers and restraints for Robotic Process Automation (RPA) Software Market that are derived from SWOT analysis and also shows what all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are driving the market are by systemic company profiles. The market data within the report is displayed in a statistical format to offer a better understanding upon the market dynamics. This report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market

Robotic process automation (RPA) software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to robotic process automation (RPA) software market.

Robotic process automation (RPA) software marketsize is valued at USD 182.8 million by 2019 to USD 379.87 million in 2027 and is expected to grow at a compound annual growth rate of 7.10% over the forecast period of 2020 to 2027.

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The major players covered in the robotic process automation (RPA) software market report are UiPath, AUTOMATION ANYWHERE, Blue Prism Limited, NICE, KUFAX Inc., Pegasystems, NTT Advanced Technology Corporation, EdgeVerve Systems Limited, FPT software, HelpSystems, Redwood Software, IPSoft, Celaton ltd, Atos SE, Cognizant Infosys Ltd, Xerox Corporation, Jacada, Kryon, business Vision among other domestic and global players.

Robotics process automation software market is an application of the technology which configures computer software to capture and interpret various applications for processing transactions to excess data and communicate with other digital systems.

The growing factor for robotic process automation (RPA) software market would be cloud adoption which is rising with the trend, another thing which drives up the market is the increasing e-commerce industry as an addition to the growth. The advancement of technology in retail industry, boost the market growth. The major driver for this market is the capability of robotics process automation software which saves time and money by performing high volume data. Apart from the drivers the restraining factor for this market would be the datasecurityrisk and lack of awareness regardingroboticsprocess automation. It would not be of great help in business processes because of it less potential quality which impacts the market growth negatively. Robotics process automation software market provides opportunities such as integration of robotic process with increasing demand in the logistics.

For More Insights Get FREE Detailed TOC @https://www.databridgemarketresearch.com/toc/?dbmr=global-robotic-process-automation-rpa-software-market&pm

Competitive Landscape andRobotic Process Automation (RPA) Software MarketShare Analysis

Robotic process automation (RPA) software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to robotic process automation (RPA) software market.

However, the obsolete technology and dull tasks will pose a great challenge for the growth of the market.

Robotic process automation (RPA) software market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on robotics process automation software market contact Data Bridge Market Research for anAnalyst Brief, our team will help you take an informed market decision to achieve market growth.

Robotic Process Automation (RPA) Software Market Scope and Market Size

Robotic process automation (RPA) software market is segmented on the basis of product type, service, deployment, organization, process, operation and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

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Data Bridge Market ResearchPvtLtdis a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

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Robotic Process Automation (RPA) Software Market with Covid 19 Analysis and Challenges On Upcoming Trends 2021-2028 KSU | The Sentinel Newspaper -...

The Daytona Beach News-Journal

In case anyone hasnt noticed or, more properly, refuses to acknowledge, there is a trend toward unemployment that has been taking place since the Industrial Revolution, driven not by disease but by automation and the ongoing introduction of labor-saving machines.

At first, it was in the productive cycle. Machines can produce goods faster and more efficiently than human employees. What to do? Well, lets create service jobs, like retail sales and banking. That worked, albeit not very lucratively for the employees, until the advent of online purchasing and electronic banking.

So where do these millions of displaced employees go? There are only so many lawns to mow or entertainment vacancies to fill. I know. Well use some of them to deliver all these products theyre no longer needed to produce, or that are being produced abroad for slave wages. That will work until the latest trend kicks in delivery by drone, that is already proving its convenience, effectiveness and profitability. How many people are we going to need to service the drones, which will no doubt soon be able to sort out the deliveries for themselves?

More: Florida Legislature: Senate presses ahead with effort to increase unemployment benefits

There is a pandemic at work here that eclipses any biological threat, and even more intractable. It is the replacement of people by technology. And its not going away. Businesses do not exist to employ people. They exist to make a profit. Employees are a pain. They constantly demand higher pay. They get sick. They take time off. And they cant live on relief forever.

Stephen L. Doll, Ormond Beach

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Automation is on the rise and so are the threats against human employment - Daytona Beach News-Journal

ThreatQuotient has launched a data-driven approach to SOAR and XDR to help accelerate detection and response.

The company has announced its new ThreatQ TDR Orchestrator, a data-driven automation capability that enables users to control what actions are to be taken, when, and why through the use of data.

With the shortage of security personnel, automation has become a key strategy to offload repetitive tasks and empower humans to conduct advanced security operations tasks more efficiently, the company states.

To date, automation has been looked at as defining a process and the steps needed to complete that process.

This approach ignores the fact that automation is much more than just running the process, according to the company. In reality, there are three important stages of automation to define and address.

These are initiate, run and learn. Initiate,define what should have actions taken upon it and when those actions should occur; run, perform the course of action or defined process through to completion; and learn, record what is learned for analytics and to improve future response.

ThreatQ TDR Orchestrator puts the smarts in the platform and not the individual playbooks by using Smart Collections and data-driven playbooks, ThreatQuotient states.

The application of Smart Collections and data-driven playbooks provides for simpler configuration and maintenance, and provides a more efficient automation outcome.

This approach further addresses all three stages of automation by enabling users to curate and prioritise data upfront, automate only when relevant, and simplify actions taken.

It can be used to complement other playbook capabilities through ThreatQuotients ecosystem partners or users can define data-driven playbooks within the ThreatQ platform, the company states.

To improve the platform smarts, it will also capture what has been learned to improve data analytics, which in turn improves the initiation stage of automation.

Use cases for ThreatQ TDR Orchestrator include but are not limited to automating the following: hunting key threats as new intelligence is learned and recording the results; deploying blocking and detection content to EDR and network devices; enriching threat intelligence that meets complex criteria including relationships; tasking a user to patch a high priority vulnerability that is being used in relevant campaigns.

ThreatQuotient VP of product management Leon Ward says, The security industry's approach to automation has overlooked the vastly different needs of detection and response use cases.

"The focus of ThreatQ TDR Orchestrator is data, not process. In detection and response, what is learned when performing an action is far more important than the action itself.

"ThreatQuotient has seized an opportunity to define and provide automation in a way that reduces complexity for security teams.

Originally posted here:

ThreatQuotient launches automation capability for detection and response - IT Brief New Zealand

As industries try to play catch-up as COVID-19 pushed everyone to remote work, technical debt is more of an issue than ever before. Technical debt is a term that describes the implied cost of additional work, or re-work, caused by choosing an easy solution over a better solution that may take longer to implement. Like financial debt, if technical debt isnt dealt with or repaid, it can accumulate interest, making it more difficult for companies to implement sweeping changes that could improve the organization or improve the software.

As artificial intelligence (AI) and automation become more pervasive in the modern world, one of the areas they focus on is this technical debt that organizations have mired themselves. Without AI solutions, the debt will build and build, making software more bloated and more modular the longer it is in effect. The solution lies in automation where the technical debt can be addressed and further improve an organizations cyber resiliency and where return on security investment (RoSI) can be calculated.

Automation is especially appealing to those in cybersecurity when looking at GRC solutions that are modular and siloed and have difficulty talking to one another. This also contributes to technical debt and requires human intervention as it accumulates. For many organizations, execution, governance, and operational success are elusive because there have not been the same kind of breakthroughs for most cybersecurity practices compared to other industries that use AI, and the awareness of automation options remains low.

According to Gartner though thats changing, 30% of enterprises plan to increase AI investments since the start of the pandemic, and 47% of AI investments remain unchanged. The ability for a company to automate also depends on their maturity level. Companies must have a sufficiently mature security program in order to take advantage of automation opportunities. If automation was implemented on a larger scale, security incidents, financial loss, data loss, and data breaches could be mitigated more effectively.

Automation is slowly but surely transforming from an optional condition to a means of survival. Although there was a demand for it pre-pandemic, the global crisis has accelerated digital transformation initiatives and broken down some of the obstacles higher-level executives had with automation processes.

AI encompasses a vast range, including machine learning (ML), natural language processing (NLP), Robotic process automation (RPA), and more. NLP especially plays a significant part in advanced automation. NLPs ultimate objective is to read, decipher, and understand language thats valuable to the end-user. Currently, there are several ways NLP is used in day-to-day life. Many are familiar with chatbots or auto-complete in emails or texts. But theres a gap in cybersecurity and risk assessment where NLP could be used to inform risk management and regulatory compliance. Since interactions between humans and machines are based on language processing, NLP allows organizations to process increasingly large amounts of data, granting them the ability to be more efficient, more risk cognizant, and more secure.

Incident detection and prediction is one area where humans can take advantage of AI. NLP used for risk and compliance requirements can identify overlaps in frameworks and data from an enterprises tech stack and use it to identify vulnerabilities in security infrastructure.

However, there are a number of AI-fueled cyber security solutions out there, and it has definitely become a buzzword in cyber. These GRC automation tools still tend to require human oversight and intervention. They do not achieve pure automation. In this industry, automation tends to encompass employees and security leaders getting texts or emails when controls need to be addressed or updated, but what if there were more powerful options that allowed for an automated system that could identify how threats endanger your current tech stack?

At an operational level, advanced automation addresses risk and the plague of technical debt that business leaders and IT face. Automation allows executives to allocate resources in a way that will yield the greatest return on information security investment and gives them the opportunity to augment as many processes and systems as possible to increase resilience, efficiency, and agility. Doing away with siloed data and technical debt that cripples monitoring strategy allows security teams to increase their maturity and allocate resources to automation options that give a significant return on investment and to calculate the return.

Advanced automation is critical in addressing modern security challenges by increasing speed and efficiency while cutting back on operational costs. Solving the pent-up data debt frees up vital resources and employees to focus on other matters and reduces inefficiency.

By combining AI and NLP, security leaders can make sense of data coming out of a security tech stack, showing where and how various tools and solutions manage compliance programs across standards. NLP allows for improvements over time with self-learning to become more efficient in enhancing cybersecurity processes. The automation of assessments gives business leaders insight into real-time risk monitoring.

Crosswalking is a process where the NLP engine identifies keywords that map to specific controls and control actions. Currently, the process of crosswalking in many cybersecurity solutions is manual and inexact. NLP gives organizations the ability to leverage nascent data thats coming out of a platform. When other cybersecurity companies discuss crosswalking its typically behind a closed door, and no one knows how it happens or what it does. Mapping different frameworks dont always provide a direct 1:1 solution. So having an option for automation that is transparent, thorough, and learns, is critical in increasing maturity and understanding.

CyberSaint takes a deep learning approach that allows crosswalking between frameworks without a significant amount of human intervention. This increases security maturity and makes the organization more risk cognizant. This becomes even more key when discussing cloud-based shifts post COVID-19.Many Fortune 500 companies use spreadsheets to track and monitor risks and vulnerabilities, but this incredibly time-consuming task, typically done by an employee manually checking controls. By the time IT professionals reach the end of the spreadsheet, it can already be out of date. This leaves organizations vulnerable and consumes valuable resources that could be allocated elsewhere. In the era of COVID-19, with many companies downsizing their security budgets, this can be a massive blow to a cybersecurity program as resources become scarcer and employees gain an ever-growing list of responsibilities.

With automated risk platforms, its possible to manage risks and increase program maturity over time, dynamically. Software that can continuously prioritize threats and add more automation over time across compliance, risk, and audit can make a sizeable difference in downsized security teams. It becomes possible to track tangible, measured impacts and returns on investment with a balance between quantitative and qualitative data.

Executives need to start demanding more and expecting more of their IT GRC stacks. To achieve operational excellence, they need to shed the technical debt and move forward with automation to augment current processes and make them perform for them instead of constantly utilizing workarounds that are inefficient and leave critical systems open to risk.

To learn more about risk management and how automation is changing the landscape of cybersecurity, click here. To see a demonstration of CyberStrong and how it can help your enterprise to more with less, contact us.

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How Advanced Automation and New Technologies are Enabling Enterprises to Do More with Less - Security Boulevard

Champ SuthipongchaiContributor

With the United States moving all-in on massive infrastructure investment, much of the discussion has focused on jobs and building new green industries for the 21st century. While the Biden administrations plan will certainly expand the workforce, it also provides a massive opportunity for the adoption of automation technologies within the construction industry.

Despite the common narrative of automating away human jobs, the two are not nearly as much in conflict, especially with new investments creating space for new roles and work. In fact, one of the greatest problems facing the construction industry remains a lack of labor, making automation a necessity for moving forward with these ambitious projects.

The residential construction industry alone had some 223,000 and 332,000 unfilled construction job vacancies at the peak unemployment rate of 15% in 2020, but thats actually about the same when unemployment was only at 4.1%. Between 1985 and 2015, the average age of construction workers increased from 36 to 42.5, while those aged 55 and older increased from 12% to over 20%. The 2018 Population Survey conducted by the Census Bureau found that workers under 25 comprised just 9% of the construction industry, compared to 12.3% of the overall U.S. labor force.

Productivity in the construction industry has likewise remained static since 1995, primarily driven by the aging demographic of the existing labor force, the apprenticeship nature of the job, and difficulty in attracting and retaining new workers. In short, there is insufficient labor to do the job, while existing staff are becoming increasingly less productive as skilled workers that have accumulated decades of experience in their crafts are lost due to retirement.

Automation will need to be a key element of any major infrastructure push, especially if we hope to meet the ambitious goals of current proposals. That being said, not all areas of the construction industry are primed, or even viable, for this shift to automation.

Construction is one of the worlds largest industries but has two major challenges: market fragmentation and complex stakeholders.

The construction industry as a whole is nationally fragmented but occasionally locally concentrated. This differs depending on the segment and type of construction company, with each generally comprising less than 10 workers. The top 100 general contractors account for less than 20% of the total construction market. Subcontractors are even more fragmented, with top players accounting for less than 1% of the total market share. This makes sales processes and scaling very slow and highly inefficient.

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Investment in construction automation is essential to rebuilding US infrastructure - TechCrunch