Category Archives: Automation

By Wrtsil Voyage 03-05-2021 01:37:00

You utter automation, and everyone is immediately transposed to a sci-fi future where robots rule the world, cars fly and crewless ships sail the worlds oceans.

Even within the marine industry, we often forget that unmanned vessel isnt the only arrow in the automation quiver. In fact, smart autonomous solutions are already solving todays major shipping challenges like decarbonization, overcapacity, safety, and human error. Onboard and onshore, for instance, this translates to lesser accidents, significant fuel savings, reduced emissions, efficient operations, and ship designs.

Wrtsil Voyage calls this Smart Autonomy a commercially viable and step-by-step application of intelligent solutions that create immediate and quantifiable operational value today, while opening the pathway for greater vessel autonomy in the future.

Take, for instance, situational awareness solutions, a critical building block on the pathway to greater vessel autonomy. But Wrtsil Voyage business development manager Dr. Sasha Heriot is keen to emphasize that smarter sensors benefits do not lie in the distant future of crewless vessels. Smart sensor technology already supports crews in routine maneuvers. They help achieve operational effectiveness and safety, especially in busy ports and waterways, where incidents are most common.

Digital eyes for enhanced awareness

Data shows that 80 to 90 percent of vessel casualties are rooted in human error. Considering the scale of modern operations the distances vessels travel and the traffic they encounter effective watchkeeping can be a challenge even for the most competent crew. Also, some situations surpass human capabilities. Thats where situational awareness solutions come in.

Think of them as lookouts with superpowers: a unique pairing of sensor tech (such as radars, lasers, and camera) with navigation systems creates a complete digital picture of a vessels maritime environment to identify potential hazards.

Such enhanced situational awareness enables safer maneuvering in ports and harbors, effective navigation through crowded waterways, hazardous target identification and environmental monitoring. Smart sensors on tugs and ferries inform decision making, mitigating the effects of poor visibility, and eliminating radar blind spots.

That said, smart sensors do not replace leadership, experience, or intuition. Rather, they compensate for the human factors that increase risk. Sensors do not get tired or lose concentration, and they can look in all directions at the same time. Like the human crew, they can also raise an alert if they detect a potential hazard, or the vessel position unexpectedly deviates from its course.

Going beyond GNSS

Where human senses end and the GNSS (Global Navigation Satellite System) fails, these smart sensor technologies sweep in to fill the gap, help the crew take informed decisions and prevent casualties. For example, night vision cameras, LIDAR, and short-range high-resolution radar provide digital vision in conditions where humans are blind. These sensors offer a full 360 view around the vessel, eliminating blind spots so that the crew can understand their immediate surroundings when docking and for safety maneuvers. In other applications, high-resolution radar and high accuracy laser sensors are used to detect and identify objects at different distances from the vessel to optimize navigation route selection.

In addition to monitoring what is happening around the vessel, onboard situational awareness is also integrated with real-time navigational systems, making operational decision-making more seamless, increasing efficiency, and making shipping safer.

This integration of sensors places some demands on vessel infrastructure and processes. On the hardware side, a well-balanced sensor suite around the vessel has to be supported by a server with enough processing power to handle large volumes of data in real-time. Data fusion and analysis software are also crucial, as every sensor generates both high data volumes and different interpretations of the ships environment that must be reconciled into a coherent picture and user experience. As with all digital systems, a process is also needed to patch and update sensor software and hardware to maintain functionality and ensure cybersecurity.

Awareness in action

The above demands were explored in practice in IntelliTug, Singapores first commercial autonomous tug and a working example of situational awareness in action. It is equipped with advanced sensors and positioning technologies, including an automatic identification system (AIS), global positioning system (GPS), thermal and daylight video cameras, an AIS receiver, a motion reference unit and Wrtsils advanced RS24 radar.

As Chris Chung, Wrtsils Director, Digital Innovation and Strategic Projects explains, although this project explored the move towards autonomous vessels, a core focus was to reduce the risk of accidents, particularly in ports, by eliminating blind spots around the vessel.

Busy ports, especially in Asia, are used by a lot of smaller vessels that do not have AIS. There is also a risk of grounding the vessel or hitting dropped containers and other objects, he adds.

"This increases overall accuracy because not all radars work effectively in the rain, for example, and different cameras are used for day and night vision. Bringing together multiple detection capabilities creates a clearer picture of the vessels environment.

Digitizing the maritime environment

Apart from helping officers understand the vessels surroundings, situational awareness also provides computer systems with the data required to enable autonomous processes.

This data is used to train maritime AI (Artificial Intelligence) in object recognition and detection. AI is especially valuable because it brings the ability to differentiate between larger and smaller vessels, especially in harbors and ports, where larger ships are severely limited in speed and manoeuvrability compared with smaller, more agile crafts. However, it is also beneficial in open navigation, where they track objects, identify collision risks, enhance navigation, and save costs.

American Steamship Companys (ASC) MV American Courage is a recent example of situational awareness sensors working in tandem with navigational systems for semi-autonomous ship movement. With a cargo-carrying capacity of 24,300 gross tonnages, it is the largest ship ever to perform an automatic dock-to-dock operation, that too, in the challenging waterways of the Cuyahoga River in Ohio, US.

Named the crooked river by Native Americans, the narrow, winding, and the heavily congested waterway was the testbed for Wrtsil SmartMove Suite. It used the industrys most advanced sensors and high-accuracy ship control systems, taking the concept of automated dock-to-dock operations to the next level.

The complete Voyage Smart technology package addresses the American Courages restricted water maneuvering profile requirements, including a position margin of less than two meters and transit under bridges. The technology utilises the surrounding environment for vessel positioning, making it ship-based rather than onshore. The resulting impact was a further reduction of the American Courages operating costs, explains Pierre Pelletreau, VP of Engineering, Rand-ASC Holdings LLC.

This is not about going captain-free, rather, enhancing the capabilities of the onboard crew as they traverse shuttle routes, congested or restricted areas. When vessels must operate twenty-four hours a day, seven days a week, we are pleased to offer an automated dock-to-dock transit solution that ensures every trip is conducted safely, adds John J Marshall, Senior Business Development Manager, Automation & DP, Americas, Wrtsil Voyage.

The IntelliTug project, American Courage and other applications show how situational awareness and smart autonomy technologies can create a safer work environment. Complete vessel autonomy may be a distant vision for some in shipping, but the solution to reduce human limitations with technologies that augment and enhance the crews capabilities are already available.

This message is sponsored byWrtsil Voyage.

The opinions expressed herein are the author's and not necessarily those of The Maritime Executive.

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Extend Your Crews' Senses With Automation - The Maritime Executive

Businesses have invested a lot of money, effort and technology into addressing cybersecurity challenges in the wrong way. They have been covering issues by applying bandage after bandage rather than attacking the root causes. Ironically, we have reached a point in cybersecurity where the layers of patchwork protection we have been adding are becoming the root cause of the issues ever more frequently. And while organizations are clearly investing in necessary cybersecurity technology, investments in other critical areas such as automation of key proactive security processes and shifting compliance left into the design and early development, are significantly lagging behind.

Overreliance on perimeter defenses has created larger attack surfaces for already large targets, such as financial institutions. As the regulatory landscape grows more complex by the day, organizations that do not begin to automate and streamline compliance will be faced with rising costs that will come back to their clients.

It is time for organizations to rebuild the foundation of security and compliance by embracing automation, creating and deploying secure software and addressing the challenges of implementing requirements that are not written for engineers.

The days are over when software development could take a year or two between major releases. Organizations in every sector are under pressure to develop and deploy software swiftly, sometimes in a matter of days. It's not that organizations don't want to implement security early or achieve compliance by design; they just don't have the resources needed to keep track of everything that needs to be done from the start on their own while also remaining competitive.

No analyst that I am aware of has predicted that in 10 years, compliance problems will be solved by technology. Compliance is a people and process problem. Look at Equifax and Capital One, for example. Both companies had policies in place for securing their technology that, if implemented correctly by its users, likely would have prevented their breaches.

This is where automation truly shines. When we consider how compliance regulations are written, compared to how software is written, it becomes even more understandable how an organization might experience a lapse in compliance. It is unreasonable to expect software engineers and technologists to fully understand regulations that were written by policymakers and implement them into software.

Financial institutions have a particularly onerous set of compliance obligations, ranging from Payment Card Industry Data Security Standard requirements to the Sarbanes-Oxley Act, with international or regional requirements, such as the EU's General Data Protection Regulation and the California Consumer Privacy Act, compounding the burden. Only the health care and pharmaceutical industries come close in terms of regulations. And those regulations are regularly updated or altered, requiring institutions to continually adjust their software to meet the standards.

Verizon's 2020 Data Breach Investigations Report found that nearly 90% of all data breaches are financially motivated, up from 71% last year. For that reason, many retailers contract out their financial transactions in order to limit their liability, leaving that job to banks and other financial institutions. Amid pressure from boardrooms and the general public to ensure the integrity of transactions, costs and complexities of compliance continue to increase. The costs of noncompliance can be overwhelming. Data breaches in the banking industry cost institutions an average of $18.3 million, according to a study by Accenture and the Ponemon Institute. Significant breaches can cost even more.

The practice of layering security measures on top of one another, often at the perimeter of the network, has become commonplace. Web application firewalls were designed to buy time for developers to fix issues that might have slipped them. Nowadays, they are becoming the first line of defense and are either ineffective or even worse, becoming a source of entry for attackers. However, each layer adds another level of complexity that can be used against an organization by attackers fishing for accidental openings in the network. And this layering does not address the problems in the foundation, which was put in place in another computing era and isn't built to handle the speed and scale of modern networks.

For financial institutions, security postures are driven by compliance with regulatory mandates. Institutions that don't automate and streamline their compliance will continue to leave themselves exposed to breaches and the considerable costs in terms of both money and reputation. Organizations can't afford to wait solely for a software fix.

These financial organizations especially need to focus on remaking their security foundations so they are built for the current computing environment. This won't happen overnight, but it also isn't as complicated as it sounds. By building automation into the foundation, organizations can meet their compliance requirements at the speed of business, better ensuring the integrity of their data. And they can avoid the habit of simply layering on new technologies, which increases complexity, expands access and ultimately can leave them vulnerable to attack.

About the authorEhsan Foroughi is the vice president of product at Security Compass. He is an application security expert with over 13 years of management and technical experience in security research. He led the Vulnerability Research Subscription Service for TELUS Security Labs. As an entrepreneur, he has also served as the founder and CTO of TELTUB, a successful telecommunications startup. Ehsan holds a M.Sc. from the University of Toronto in Computer Science, a B.Eng. from Sharif University of Technology, as well as CISM and CISSP designations.

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Rebuild security and compliance foundations with automation - TechTarget

DUBLIN, March 3, 2021 /PRNewswire/ -- The "Automation and Robotics Market in Industrial, Enterprise, Military, and Consumer Segments by Type, Components, Hardware, Software, and Services 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.

This report evaluates the global and regional robotics marketplace including the technologies, companies, and solutions for robots in the industrial, enterprise, military, and consumer segments. The report includes detailed forecasts for robotics by robot type, components, capabilities, solutions, and connectivity for 2021 to 2026.

With the substantial amount of capital behind global industrial automation, the industrial robotics sector will continue a healthy growth trajectory, which is supported by many qualitative and quantitative benefits including cost reduction, improved quality, increased production, and improved workplace health and safety.

In the wake of COVID-19, and with the now democrat-controlled executive and legislative branches pushing for minimum wage increase, we see a major push for further automation and robotics within the United States service sector. This is because many businesses see repetitive tasks as performed with great safety, less expense, and reduced probability for service disruption with robotics rather than reliance upon human workers.

Robotics is increasingly used to improve enterprise, industrial, and military automation. In addition, robots are finding their way into more consumer use cases as the general public's concerns fade and acceptance grows in terms of benefits versus risks. While many consumer applications continue to be largely lifestyle-oriented, enterprise, industrial, and military organizations utilize both land-based and aerial robots are used for various repetitive, tedious, and/or dangerous tasks. Adoption and usage are anticipated to rapidly increase with improvements to artificial intelligence, robotic form factors, and fitness for use, cloud computing, and related business models, such as robotics as a service.

The next decade will witness substantial influence of AI upon robotics. The next generation of robotics will include many pre-integrated AI technologies such as machine vision, voice and speech recognition, tactile sensors, and gesture controls. AI has enabled consumer robots to learn while performing a variety of tasks including cleaning, controlling home appliances, reading, performing butler services, and many more. It is anticipated that further improvement in AI and related technologies such as cognitive computing and sensor fusion, will enable consumer robots to take on increasingly more difficult tasks.

Longer-term, the publisher sees many robotics and automation solutions involving multiple AI types as well as integration across other key areas such as the Internet of Things (IoT) and data analytics. The combination of AI and the IoT has the potential to dramatically accelerate the benefits of robotics for consumer, enterprise, industrial, and government market segments.

Leading industry verticals are beginning to see improved operational efficiency through the intelligent combination of AI and robotics. The long-term prospect for these technologies is that they will become embedded in many different other technologies and provide autonomous decision-making on behalf of humans, both directly, and indirectly through many processes, products, and services.

This report also includes analysis with forecasts covering AI technology and systems by type, use case, application, and industry vertical. Forecasts also cover each major market sector including consumer, enterprise, industrial, and government.

Components included in forecasts include: Controllers, Robotic Arms, End Effectors, Drive Systems, Sensors, Power Supply, Motors, Grippers, Transducers, Hydraulic Cylinders, Wheels, Linear Actuators, Processors, and ICs.

Select Report Findings:

Report Benefits:

Key Topics Covered:

1 Executive Summary

2 Robotics Market Overview2.1 Robotics Market Segmentation2.2 Enterprise Robotics Market2.3 Industrial Robotics Market2.4 Military Robotics Market2.5 Consumer Robotics Market

3 Robotics and Automation Technology Trends3.1 Artificial Intelligence and Robotics3.2 Convergence of AI and IoT in Robotics3.3 Teleoperation and Cloud Robotics3.4 Digital Twins Technology and Robotics3.5 Fifth Generation Wireless, Beyond 5G and Robotics3.6 Cloud Business Models and Robotics as a Service3.7 Human and Robotics Cooperation

4 Robotics and Automation in Business Transformation4.1 Emerging Opportunity Areas4.2 Moving Beyond the Factory Environment4.3 Robotics as a Service and the Outcome Based Economy

5 Robotics Companies and Solutions5.1 Americas5.2 2G Engineering5.3 3D Robotics5.4 Adept Technology Inc.5.5 Aethon Inc.5.6 Alphabet, Inc. (Google)5.7 Amazon Robotics5.8 Anki Inc.5.9 Apex Automation and Robotics5.10 Auris Surgical Robotics Inc.5.11 Autonomous Solutions, Inc.5.12 Axium Inc.5.13 Canvas Technology5.14 Carbon Robotics5.15 Carbon3D5.16 Celera Motion5.17 Clearpath Robotics5.18 Construction Robotics5.19 CyPhy Works5.20 Denso Wave Inc.5.21 Ekso Bionics5.22 Ellison Technologies Inc.5.23 Energid Technologies5.24 Epson Robots5.25 Fetch Robotics5.26 Ghost Robotics LLC5.27 Greensea Systems Inc.5.28 Hypertherm Inc.5.29 IAM Robotics5.30 inVia Robotics5.31 iRobot5.32 Intuitive Surgical, Inc.5.33 Jibo5.34 Kairos Autonomi5.35 Knightscope5.36 Kraken Sonar Systems Inc.5.37 Lockheed Martin5.38 Locus Robotics5.39 Micromo5.40 Modbot Inc.5.41 Octopuz Inc.5.42 Omnicell Inc.5.43 PrecisionHawk5.44 ReWalk Robotics5.45 RobotLAB Inc.5.46 Rockwell Automation Inc.5.47 Rokid Inc.5.48 SapientX Inc.5.49 Savioke5.50 Seegrid5.51 Sharp Electronics Corp.5.52 SkySpecs5.53 Soft Robotics Inc.5.54 Softweb Solutions Inc.5.55 SRI International5.56 Staubli5.57 Stryker (MAKO Surgical)5.58 Suitable Technologies5.59 SynTouch5.60 Teradyne Inc.5.61 Titan Medical5.62 TM Robotics5.63 TORC Robotics5.64 Transcend Robotics5.65 ULC Robotics Inc.5.66 Universal Robotics5.67 Vecna Technologies5.68 Verb Surgical5.69 VEX Robotics5.70 VGo Communications5.71 Vigilant Robots5.72 Virtual Incision Corporation5.73 Willrich Precision Instrument Co.5.74 World Drone Academy5.75 Wynright (Daifuku Co Ltd)5.76 Yaskawa Motoman5.77 Asia-Pacific5.78 Aurotek Corp.5.79 Cyberdyne5.80 Daihen Corp.5.81 DJI5.82 FANUC Robotics5.83 Foxconn Technology Group5.84 GreyOrange5.85 Hanson Robotics Ltd.5.86 Kawasaki5.87 Mitsubishi Electric Corp.5.88 Nachi Fujikoshi Corp.5.89 Pari Robotics5.90 Qihan Technology Co.5.91 Samsung5.92 Seven Dreamers Laboratories Inc.5.93 Siasun Robot and Automation Co Ltd.5.94 SoftBank Robotics Corporation5.95 Sony5.96 Toyota5.97 WaveBot5.98 Yamaha Robotics5.99 Europe5.100 ABB Robotics5.101 AMS RBR5.102 Blue Ocean Robotics ApS5.103 Comau Robotics5.104 Delphi Automotive5.105 Kuka Robotics5.106 Milvus Robotics5.107 Mobile Industrial Robots ApS5.108 Open Bionics5.109 Reis Robotics5.110 Roboplan5.111 Robosoft Services Robots5.112 Schunk5.113 Siemens5.114 Soil Machine Dynamics Ltd.5.115 SSI Schaefer5.116 Starship Technologies5.117 Staubli International AG5.118 Swisslog5.119 Teun5.120 Touch Bionics5.121 Universal Robots A/S5.122 Visual Components Oy5.123 ZenRobotics

6.0 Global Robotics Forecast 2021 - 20266.1 Global Robotics Market 2021 - 20266.2 Global Markets Robotics by Category 2021 - 2026

7.0 Industrial Robotics Market 2021 - 2026

8.0 Consumer Robotics Market 2021 - 2026

9.0 Enterprise Robotics Market 2021 - 2026

10.0 Military and Government Robotics Market 2021 - 2026

11.0 Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/9hcp6r

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Research and Markets Laura Wood, Senior Manager [emailprotected]

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Global Automation and Robotics Market Report 2021: Assistive Robotics Market will Reach $21.3 Billion by 2026, Driven by Healthcare and Social Needs -...

The sudden outbreak of a pandemic had made us go through several drastic transformations, one of which has taken over todays workplaces,globally. Workplace automation, which had been agood-to-haverequirement till then, has suddenly transformed into a must-have with businesses looking to invest more in it.

Every business had shifted from its physical premises to hand-held smartphones, and our homes are our workplaces now. The pandemic had rendered a centralized reporting structure to todays decentralized workforce. All of these have been possible due to the widespread adoption and implementation of automation during this New Normal. With workplace automation 2.0, we atNexAEIbelieve you can be anywhere but still be here!

The smart and timely adaptation of digitization and automation amid all the turbulence and ambiguity has made businesses much more robust and dynamic than the pre-COVID era. Organizations have learned to leverage technologies the right way and enhance their performances along with upgrading themselves digitally.

The automation that we are talking about has made businesses crisis-proof and fit for the future. They have emerged out as moreAgile, Intuitive, Engaging, and Connected. This new normals intelligent automation 2.0 has equipped workplaces with unquestionable rationality, improved accuracy, and much greater speed.

Work, workplace, and working circumstances are changing every hour today, and so is automation. Therefore, even the slightest delay in its adoption and the subsequent follow-up will push you away from gaining that necessary cutting-edge. The deployment of intelligent automation will help you run in this race and firm up your position as a trusted brand in this testing time. Workplace Automation 2.0 will progress with the new normal uncovering itself further, bit by bit. All you need to do is be at the right spot, adequately armed so that you do not waste any time in adopting it and advancing further.

We will reveal more about Workplace 2.0, its components, and help you define the pathway to creating and enabling a smarter workplace of the future.

The post Workplace Automation 2.0 what is it and whats in store for you? appeared first on NASSCOM Community |The Official Community of Indian IT Industry.

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Workplace Automation 2.0 what is it and what's in store for you? - Latest Digital Transformation Trends | Cloud News - Wire19

A recent Market Research Report byMarket Research Store, on Industrial Automation and Instrumentation Market Overview By Trends, Size, Industry Top Manufacturers, Industry Growth Analysis & Forecast Till 2026 Flourishing data has been added to the collection to provide readers with detailed information about market developments, includes detailed market overview, seller scenario, market dimensions, as well as depth SWOT and PESTEL valuation, aside from other internationally approved market evaluation guidelines that play vital roles in growth of spreading information.

The report Industrial Automation and Instrumentation Market 2020-2026, outlines and describes the key factors influencing market growth. It proposes an in-depth study of market heights (revenue), key market segment, market share, specific geographical regions, key market players and trends in vital industries. The purpose of this report is to describe the upcoming market trends and earnings forecasts in the global Industrial Automation and Instrumentation market for the next five years.

We Have New Updates Of Industrial Automation and Instrumentation Market In Sample Copy@https://www.marketresearchstore.com/report/global-industrial-automation-and-instrumentation-market-report-2020-774034#RequestSample

(A free sample of this report is immediately available upon request and is updated with the addition of new research).

What Benefits Does Market Research Store Research Study Is Going To Provide?

The Pre & Post Impact of COVID- 19 on Businesses.2021 Latest industry influencing trends and development scenarioTake advantage of powerful market opportunitiesImportant decisions in planning and market expansionIdentify essential Business Segments, Market proposition & Gap AnalysisHelping in allocating marketing investmentsMRS Research Methodology

Industrial Automation and Instrumentation Market By Top Manufacturers (2021-2026)

General Electric, Schlumberger Ltd., Schneider Electric SE, Rockwell Automation Inc., Honeywell International Inc., Emerson Electric Co., Eaton Corp. Plc, Siemens AG, ABB Ltd., Robert Bosch GmbH

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Major Product Types Covered Are:

Sensors, HMI, Software, Others

Major Applications of Industrial Automation and Instrumentation Covered Are:

Process Industry, Discrete Industry

On Some Of The Below Factors Market Player Analysis Is Based

COVID-19 Pre & Post Impact Analysis on Manufacturers profit, Revenue, and Sales.Company OverviewPrice, sales, revenue and Gross Margin AnalysisProduct portfolioRecent initiativesShare Analysis and Market Size

Lockdowns due to COVID-19 has affected economies and industries in various countries, also the businesses shutdowns and travel bans. Due to COVID-19 the decrease in the overall market growth is also affecting the Post growth of theIndustrial Automation and Instrumentation marketowing to the shutting down of factories, lots of obstacles in the supply chain, and a downturn in the world economy.

This report presents a complete overview, growth opportunities and market shares of Industrial Automation and Instrumentation market by product type, key manufacturers, application and key regions and countries. In addition, the report discusses key producers, market developments, opportunities, challenges, and factors affecting large producers and the risks facing by the whole Industrial Automation and Instrumentation market. It also analyze essential emerging trends and their effect on present and future developments.

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Points Covered In The Report

The points discussed in the report are the vital market players that are involved in the market such as raw material suppliers, equipment suppliers, traders, end users distributors, etc.

The detailed profile of the companies is mentioned. And the capacity, production, capacity, cost, revenue, gross margin, sales volume, price, consumption, growth rate, future strategies, import, export, supply, and the technological developments that they are making are also included in the report. 12 years of data history and forecast is analyzed in this report.

The growth factors of the market are discussed where the different users of the market are described in detail.

According to specific requirements data and information by market player, by region, by type, by application, etc., and custom research can be added.

The SWOT analysis of the market within the report. The final of the report contains conclusion part where the industrial experts opinions are included.

Industrial Automation and Instrumentation Market

The market research report also offers information about strategic growth market analysis, potential investment opportunities, and Potential risks that clients will follow to design business and business models and strategies. The essential data analysis in the Industrial Automation and Instrumentation market report is provided in an upright way. This means that the information is represent in the form of statistics, infographics and uncomplicated graphs to make it more easier and time-saving task for the client.

The scope of Industrial Automation and Instrumentation Market size reports range from broader market scenarios to comparative prices between key players, costs, and benefits of specific market segments. The numerical data is supported by statistical tools such as SWOT analysis, SCOT analysis, BCG matrix, and PESTLE analysis. The facts and figures are shown in graphical form in a clear picture.

Industrial Automation and Instrumentation The report provides detailed information about the market and the strategic developments of various vital sellers. To know about the competitive landscape of the Industrial Automation and Instrumentation market, an analysis of Porters five forces model is done.The study involves market attrition analysis with specific types, source types, and application segments based on market size, growth rate, and attrition.

Key strategic developments in theIndustrial Automation and Instrumentation marketcompetitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other significant activities by key players of the Industrial Automation and Instrumentation market are well described in the report.

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Table Of Contents

Executive SummaryResearch MethodologyAssumptions and Acronyms UsedMarket OverviewGlobal Market Analysis and Forecast, by ApplicationsGlobal Market Analysis and Forecast, by TypesGlobal Market Analysis and Forecast, by RegionsLatin America Market Analysis and ForecastNorth America Market Analysis and ForecastAsia Pacific Market Analysis and ForecastThe Middle East & Africa Market Analysis and ForecastEurope Market Analysis and ForecastCompetition Landscape

Research Coverage:

The Industrial Automation and Instrumentation market has been segmented based on offering, technology, end-use application, and end-user. It also provides a complete view of the market across four main regions: North America, Europe, APAC, and RoW.

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Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

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Global Industrial Automation and Instrumentation Market To Witness High Demand During Forecast Period Of 2021 To 2026 KSU | The Sentinel Newspaper -...

SARATOGA, Calif.In its formal debut to the physical and cyber-physical security market, Vector Flow launched its AI-powered, data-centric Physical Security Automation Platform, and also announced its Series A funding of $9.2M from Silicon Valleys premium venture firms, led by Mayfield Fund with participation from Foundation Capital.

Vector Flows security platform derives intelligence from physical security data by creating domain specific AI and data-centric models to automate major security functions related to Physical Identity and Access Operations, SOC Automation and Cyber-Physical Security defense.

As a people first investor, I was impressed by the innovation and rigor that repeat entrepreneurs Ajay Jain and Vik Ghai brought to solving the physical cyber security problem for enterprises, said Navin Chaddha, Mayfield Managing Director and Vector Flow board member. By delivering the industrys first AI-powered physical security automation platform, Vector Flow is solving a big and critical problem, that is protecting CEOs from personal liability for cyber-physical security incidents, something that Gartner has predicted could affect 75% of CEOs by 2024. I look forward to watching Vector Flow grow into a leader who delivers ROI and peace of mind to enterprises.

During the press conference to unveil the new company, Vector Flow President & CEO Ajay Jain told Security Systems News that the platform is built on a foundation of advanced AI algorithms capable of processing and analyzing vast amounts of data from otherwise disparate security systems, data stores and input devices.

The platform, which comes with application designer studio and a workbench which can be used by the customer and the systems integrator partner, extends any application running on the Vector Flow platform or to create a completely new application utilizing the platforms machine learning (ML) framework and designer tools without writing any code. This functionality extends the usefulness of any application as business processes change.

Vector Flow fills a tremendous void in the physical and cyber-physical security space with the industrys first powerful and innovative AI-enabled platform that aggregates both structured and unstructured data from myriad systems, devices, logs, and journals, Jain explained. The platform performs real-time analysis to detect anomalies, trends and KPIs, and provides actionable insights, automated remedies and processes.

He continued, Physical security industry is plagued with legacy disjointed applications, independent hardware, data stores and custom scripts that work in silo creating inefficiencies and security gaps. A benchmark in data-driven security intelligence, the Vector Flow platform enables new levels of automation driving operational efficiencies and significantly reducing corporate risks and costs. In the post pandemic era, the current human-laden physical security world will quickly adopt digital transformation, touchless, and autonomous operations to rely on data to streamline operational processes and fill security gaps.

Vector went over the three categories of solutions that run on the new Vector Flow platform:

Physical Workforce Identity Access Management (PIAM) which streamlines identity on/off boarding processes, physical access provisioning, access audits, compliance to regulations and risks analysis. Applications include:

Physical Security Operation Center (SOC) Automation, which employs deep AI-based automation for SOC operations and autonomous alarm reduction and reporting, along with multiple functions to optimize overall operations, includes:

Cyber-Physical Security which performs an audit of physical security as it relates to cyber defense. For example, it enforces defense in depth concepts using advanced AI models to detect vulnerabilities related to critical infrastructure, like the data centers or laboratory doors. It also manages the vulnerabilities of the IoT devices in the physical security and building automation world to prevent cyber surface attacks. Vector Flows transformative technology not only will help in automating critical functions of physical security but also provide defense against cyber-physical attacks with an extra layer of security. This category of applications will be available in 2022. Applications include:

The Vector Flow Platform is comprised of an application design studio and a workbench to build applications utilizing Vector Flows integrated data lake and ML framework. It comes with visual rules configurator, playbook designer and forms designer to help customers easily extend business applications or write new applications as their business processes change. The runtime edition of the platform is available now. The developer edition of the platform will be available in 2022.

Vector Flow is already onboarding several significant customers. This includes a global telecommunications provider with over 450,000 identities which replaced the legacy PIAM application with Vector Flows AI-enabled Physical Identity Lifecycle application. The unique Vector Flow solution promises to save millions of dollars in direct costs over the course of the contract while increasing overall security operations productivity, compliance to regulations and delivering valuable service to the enterprise.

In another example, a top Research and Pharmaceutical company, focused on anti-viral drugs and treatments, deployed Vector Flows AI-enabled Alarm Reduction Application to reduce their false/ nuisance alarm counts and to streamline the SOC functions by establishing and measuring the KPIs across all SOCs. In another example, a prominent networking products company reduced their false/ nuisance alarm counts by over 80% in few months without any human touch or masking of any alarms. Return on Investment was achieved within months. The SOC alarm fatigue was also removed for this customer and SOC operations was streamlined with increased productivity and visibility across the globe.

For more information, visit the new Vector Flow website: https://vectorflow.com/

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Vector Flow enters the market with AI-driven security automation platform - Security Systems News

NEW YORK, March 4, 2021 /PRNewswire/ -- The global automation solutions market in the oil and gas industry is expected to grow by USD 1.73 billion during 2021-2025, as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 3%.

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Read the 120-page report with TOC on "Automation Solutions Market in the Oil and Gas Industry Analysis Report by Product (SCADA, DCS, PLC, and MES) and Geography (North America, APAC, Europe, MEA, and South America), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/report/oil-and-gas-automation-solutions-market-industry-analysis

The automation solutions market in the oil and gas industry is driven by growing regulatory compliance. In addition, the gradual recovery in upstream activities is anticipated to boost the growth of the automation solutions market in the oil and gas industry.

Regulatory compliance in the oil and gas industry has increased significantly owing to the rise in the number of accidents and growth in environmental awareness. Therefore, regulatory authorities and independent energy agencies have drafted strict safety standards. This requirement fuels the demand for systems such as SCADA, PLC, and DCS, as these solutions can be easily integrated with other communication and management systems, such as ERP and PLM. Thus, automation solutions allow regular monitoring of machines and equipment and help companies to adhere to safety and environmental regulations. The increasing rig accidents and stringency in safety standards in the oil and gas industry have influenced industrial operators to adopt automation solutions during upstream oil and gas activities.

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Major Five Automation Solutions in the Oil and Gas Industry Companies:

Eaton Corporation Plc

Eaton Corporation Plc operates business through Electrical Products, Electrical Systems and Services, Hydraulics, Aerospace, Vehicle, and eMobility. The company offers programmable logic controllers such as Easy 500/700/800 Programmable Relays, easyE4 nano PLCs, Compact PLC XC-152, XC 300 Series Modular PLC, and XC 100/200 Series Modular PLCs for the oil and gas industry.

Emerson Electric Co.

Emerson Electric Co. operates business through Automation Solutions and Commercial and Residential Solutions. The company offers OpenEnterprise SCADA Systems and ControlWave Micro-Hybrid RTU/PLC for oil and gas applications. It also offers automation solutions for onshore activities, offshore activities, transportation and storage, gas processing and LNG, and oilfield services.

Honeywell International Inc.

Honeywell International Inc. operates business through Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The company offers Experion SCADA (a controller that provides an integrated solution to solve complex remote automation requirements, especially those found in the oil and gas industry), MasterLogic PLC (a modular, scalable rack-based industrial controller that delivers powerful performance in a control application). The company also offers Experion Process Knowledge System, a SCADA system that drives vital information to the pipeline operations team while automating data logging and processing.

OMRON Corp.

OMRON Corp. operates business through Industrial Automation, Electronic and Mechanical Components, Automotive Electronic Components, Social Systems, Solutions and Service, Healthcare, and Other. The company offers CS1 (the rack-based PLC with over 200 types of I/O units) and CX-Supervisor (dedicated to the design and operation of PC visualization and machine control).

Rockwell Automation Inc.

Rockwell Automation Inc. operates business through Architecture & Software and Control Products & Solutions. The company offers PlantPAx DCS, a technology based on open-communications standards. It serves as a common automation platform by connecting multiple control systems. The company also offers Manufacturing Execution Systems, which provide standardized workflows to operators to ensure the highest possible production quality and regulatory compliance.

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Automation Solutions Market in the Oil and Gas Industry Product Outlook (Revenue, USD Billion, 2020-2025)

Automation Solutions Market in the Oil and Gas Industry Geography Outlook (Revenue, USD Billion, 2020-2025)

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [emailprotected]Website: http://www.technavio.com/Report Page:https://www.technavio.com/report/oil-and-gas-automation-solutions-market-industry-analysis

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Automation Solutions Market in the Oil and Gas Industry to grow by USD 1.73 Billion during 2021-2025|Technavio - PRNewswire

Industrial Automation Software Market: Need to reduce overall operating expenses to drive growth

Automation software helps end-user industries to control the overall manufacturing operations and deliver superior quality products with high precision. The effective deployment of automation software minimizes process failures and reduces product failure costs and waste. These solutions help enterprises to cut labor costs, thereby reducing product manufacturing and maintenance expenses. The adoption of automation software and solution has not only reduced the number of workers required per plant but also provided industrial operators with flexibility in product pricing. These factors will drive the industrial automation software market over the forecast period.

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As per Technavio, the emergence of automation software solutions on the cloud will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Industrial Automation Software Market: Emergence of automation software solutions on the cloud

Cloud-based automation software eliminates the expenses related to hardware and IT infrastructure of automation solutions such as MES and SCADA. The shift of functions such as analyzing and maintaining data from the operators to cloud service providers enables the users to view data on tablets and smartphones. These devices are also used as portable HMIs to monitor remote machines and enable field technicians to access and control the process. The adoption of cloud-based SCADA and MES solutions would reduce end-users' costs up to 25% compared to on-premise during the forecast period. Thus, the emergence of automation software solutions on the cloud is driving the market for industrial automation software.

"The emergence of automation software solutions and the increasing investments by private entities in renewable power generation plants will further boost market growth during the forecast period", says a senior analyst at Technavio.

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Industrial Automation Software Market: Major Vendors

Industrial Automation Software Market: Segmentation Analysis

This market research report segments the industrial automation software market by product (SCADA software, MES, DCS software, HMI software, and PLC software), end-user (Process industry and Discrete industry), and Geography (APAC, North America, Europe, MEA, and South America).

The APAC region led the industrial automation software market in 2020, followed by North America, Europe, MEA, and South America respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as the increasing plant complexities.

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [emailprotected]Website: http://www.technavio.com/

SOURCE Technavio

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Industrial Automation Software Market to Grow by USD 5.44 billion during 2020-2024 | Need to Reduce Overall Operational Expenses to Emerge as Key...

The macadamia market is constantly growing: indeed, the nutritional virtues it provides makes the macadamia nut a fruit very much in demand.

"The success is such that today the macadamia nut is the most expensive nut in the world with a price varying around 60$/kg (R900). This infatuation has naturally pushed producers to convert and move towards this new crop," explains Simon Dufossez from Leger SAS.

This is what South African arboriculturists have been doing for more than 20 years, a trend that has increased relatively over the last 5 years with strong demand from the Asian and European markets.

"South Africa is now the world's leading producer, neck and neck with Australia. But to keep up with this strong growth, it is important for producers to equip themselves with tools that are properly adapted to this crop, which provides increased performance that goes beyond manual labour. Particularly since the association representing macadamia producers has set itself the challenge of producing nearly 300 tonnes of macadamia per year by 2030."

LEGER SAS, allows producers to do more, faster, and with fewer with their macadamia harvester. The agricultural machinery company, based in the South-West of France in the middle of plum and hazelnut orchards, specialises in arboriculture (nut and stone fruit) and viticulture. If the harvester has already proven itself on the hazelnut market in France, Spain, Italy and Albania, it is also adapted to the expectations of the macadamia market.

"The agricultural sector, both in South Africa and France, is facing many challenges, both financially and in terms of sustainability. There has been an increase in the wages of agricultural workers (+4.5% in March) which is not in line with the weak evolution of producers' incomes. Our objective with the Nut Harvester was to develop a tool and a system that can help reduce these stress factors and participate in the global reach of the nuts by providing useful operational solutions capable of supporting the workers. With harvesting still too often carried out by hand, the Nut Harvester is the future of harvesting and will have an immediate impact on the lives of nut growers. "

The Nut Harvester is a towed machine suitable for picking nuts on the ground: hazelnut, macadamia, pecan, etc. It uses a subtle harvesting system with a Pick-Up roller made up of combs and rubber bands, and a variable speed bar belt for collection. Thus, with a constant speed of 4 km/h, it can harvest between 3 and 4 hectares per hour. Moreover, with a directional rear axle, the adjustment of the belt speed and the side wheels, it can to adapt to all types of orchards and soils.

For more information:

Simon DufossezLEGER SASWhatsapp : +33 7 81 55 72 15Email : contact@legersas.comsdufossez@legersas.comwww.legersas.com/en

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Bringing automation to nut harvesting - FreshPlaza.com

While Brooks Automation, Inc. (NASDAQ:BRKS) might not be the most widely known stock at the moment, it saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the companys outlook is already priced into the stock. However, what if the stock is still a bargain? Lets take a look at Brooks Automations outlook and value based on the most recent financial data to see if the opportunity still exists.

See our latest analysis for Brooks Automation

Brooks Automation is currently expensive based on my price multiple model, where I look at the company's price-to-earnings ratio in comparison to the industry average. Ive used the price-to-earnings ratio in this instance because theres not enough visibility to forecast its cash flows. The stocks ratio of 72.82x is currently well-above the industry average of 36.78x, meaning that it is trading at a more expensive price relative to its peers. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Since Brooks Automations share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

Future outlook is an important aspect when youre looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so lets also take a look at the company's future expectations. With profit expected to grow by 84% over the next couple of years, the future seems bright for Brooks Automation. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

Are you a shareholder? BRKSs optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question should I sell? If you believe BRKS should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.

Are you a potential investor? If youve been keeping tabs on BRKS for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for BRKS, which means its worth diving deeper into other factors in order to take advantage of the next price drop.

It can be quite valuable to consider what analysts expect for Brooks Automation from their most recent forecasts. At Simply Wall St, we have the analysts estimates which you can view by clicking here.

If you are no longer interested in Brooks Automation, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

PromotedIf you decide to trade Brooks Automation, use the lowest-cost* platform that is rated #1 Overall by Barrons, Interactive Brokers. Trade stocks, options, futures, forex, bonds and funds on 135 markets, all from a single integrated account.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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Is Now The Time To Look At Buying Brooks Automation, Inc. (NASDAQ:BRKS)? - Simply Wall St