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Category Archives: Automation
Automated Molecular Assay Market Report Analysis With Industry Share Insights Shared in Detailed Report KSU | The Sentinel Newspaper – KSU | The…
Posted: March 3, 2021 at 2:08 am
Innovations in molecular diagnostics leading to automation of instruments are resulting in expanded applications of molecular assay beyond just identification purposes. The automated molecular assays having reduced handling errors and enhanced limits of detection and quantitation are leading to the usage of molecular assays in therapeutic monitoring and drug prescription selection with an objective of avoiding toxicity and other side effects. The shift in paradigm of clinical laboratory testing and medicine have led to improved pharmacogenomics and patient stratification. Innovations in the novel detection of pathogens and microRNAs are contributing to the continued expansion of the market by changing the landscape of personalized care. Advancements in automated molecular assays are resulting in the elimination of discriminatory testing necessities for patients.
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Modernized assays with improved efficacy are increasingly adopted all over the world, as these assays offer certain advantages such as data reliability, increased speed, ability of performing multiple assays at a time, which is resulting in reduced cost and high level of precision. Modification in the assays by medical laboratories for identification of rare diseases, innovations in the next generation molecular assays having cutting-edge technologies such as single molecule counting, improved automation in the molecular assays targeting drug efficacy issues such as antibiotic resistance detection, etc., are driving the global automated molecular assay market. However, issues related to the manufacturing stability of assays and detection of degenerated proteins are resulting in reduced clinical utility of automated molecular assay, which in turn are restraining the market.
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The global automated molecular assay market can be segmented in terms of technique, testing type, application, end-user, and region. Based on technique, the market can be segmented into polymerase chain reaction (PCR), Enzyme-Linked Immuno-Sorbent Assay (ELISA), microarrays, lab-on-chip assays, gene expression profiling assays, and other biochemical assays. In terms of testing type, the market can be segmented into blood screening, virus screening, genetic material testing, oncological testing, and STD testing. The virus screening segment can be further sub-segmented into HPV testing, HIV testing, influenza testing, HCV testing, and others. Based on application, the market can be segmented into infection detection, blood donor screening, genomic profiling, molecular biomarker analysis, and others. In terms of end-user, the market can be segmented into hospitals, academic and research institutes, biopharmaceutical companies, and others.
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Based on region, the Automated Molecular Assay market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to dominate the global market during the forecast period due to strong distribution networks of major market players, advances in molecular diagnostics leading to early detection of metabolites, proteins, DNA or RNA, and availability of skilled workforce to handle the instrumentation of automated assay. Asia Pacific is likely to witness an exponential growth during the forecast period, due to improvements in healthcare infrastructure, increasing number of regional manufacturers offering affordable yet technologically advanced products, and rising investments in research and development for innovations in the screening methodologies.
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Development of proper reimbursement policies serve as a major opportunity for the global market. Multiple pathogen detection assays through advancements in the in-vitro detection techniques including genomics and proteomics are a growing trend in the global automated molecular assay market. Innovations in automated molecular assays include the ability to detect new variants of viruses, modifications in the genome of pathogens, and others. New product launches in the global market are primarily focused on detection of novel oncologic biomarkers, so as to allow the early detection of cancer.
Key players operating in the global automated molecular assay market include F. Hoffmann-La Roche Ltd, Luminex Corporation, Molecular Devices, LLC, Becton, Dickinson and Company, Siemens Healthcare GmbH, Tecan Trading AG, Agilent Technologies Inc., Thermo Fisher Scientific Inc., Invivoscribe, and Myriad Genetics, Inc. among others.
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Global Automated On-Off Valves Market To Witness Huge Gains Over 2021-2026|Emerson, Siemens, ARC, Assured Automation, Applied Control, etc KSU | The…
Posted: at 2:08 am
Global Automated On-Off Valves Market is growing at a High CAGR during the forecast period 2021-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market and This has brought along several changes in This report also covers the impact ofCOVID-19on the global market.
The latest research report, titled Automated On-Off ValvesMarket Added by Market Info Reports, provides the reader with a comprehensive overview of the Automated On-Off Valves Industry and familiarizes them with the latest market trends, industry information, and market share. The report content includes technology, industry drivers, geographic trends, market statistics, market forecasts, producers, and raw material/equipment suppliers. Global Automated On-Off Valves market size was xx million US$ and it is expected to reach xx million US$ by the end of 2026, with a CAGR of XX between 2021 and 2026.
Automated On-Off Valves Market competition by top manufacturers as follow:Emerson, Siemens, ARC, Assured Automation, Applied Control, Nil-Cor, Watts, GS Hitech, Alfa Laval, DynaQuip Controls, Vinson, Puffer-Sweiven, Automated Valve&Control, Valworx, Braeco, A-T Controls, Metso, Caltrol, Saidi, Controline, SNJ Valve and More
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The global Automated On-Off Valves market has been segmented on the basis of technology, product type, application, distribution channel, end-user, and industry vertical, along with the geography, delivering valuable insights.
Major Type of Automated On-Off Valves Market Covered:Angle ValvesBall ValvesControl ValvesFloat ValvesOther
Market Segment by Applications, can be divided into:AutomotiveOil & GasMiningManufacturing IndustryBuilding AutomationOther Application
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Market segment by Regions/Countries, this report covers:North AmericaEuropeChinaRest of Asia PacificCentral & South AmericaMiddle East & Africa
Years Considered to Estimate the Market Size:History Year: 2015-2019Base Year: 2019Estimated Year: 2021Forecast Year: 2021-2026
Major factors covered in the report:
Detailed TOC of Automated On-Off Valves Market Report 2021-2026:Chapter 1: Automated On-Off Valves Market OverviewChapter 2: Economic Impact on IndustryChapter 3: Market Competition by ManufacturersChapter 4: Production, Revenue (Value) by RegionChapter 5: Supply (Production), Consumption, Export, Import by RegionsChapter 6: Production, Revenue (Value), Price Trend by TypeChapter 7: Market Analysis by ApplicationChapter 8: Manufacturing Cost AnalysisChapter 9: Industrial Chain, Sourcing Strategy and Downstream BuyersChapter 10: Marketing Strategy Analysis, Distributors/TradersChapter 11: Market Effect Factors AnalysisChapter 12: Automated On-Off Valves Market ForecastContinued
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Industrial Automation Market SWOT Analysis, Growth Factors, Largest Share and Forecast till 2030 | Honeywell Int Inc., Kawasaki Heavy Industries Ltd.,…
Posted: at 2:08 am
A Basic Introduction to Industrial Automation Market.
insightSLICE-Recently added thelatest research report on theIndustrial Automationwhichcovers forecast and analysis on a worldwide, regional, and country-level. The report provides an exhaustive calculation of the Consulting Services comprising ofindustry chain structure, market drivers, opportunities,technologyadvancements,future roadmap, industry news analysis, industry policy analysis, market player profiles,deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with marketattractiveness per market segment and strategies.
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The research study provides a comprehensive knowledge platform for market participants and investors as well as for veteran companies and manufacturers active in theIndustrial Automation market. The report includes CAGR,market share, revenue, gross margin, value, volume,and other key market figures that give an accurate picture of the growth of the Industrial Automation market. We have also focused on theSWOT analysis, BCG matrix, SCOT analysis, and PESTLE analysissecured to the Industrial Automation market.
Major players covered in this report:ABB, Emerson Electric Co., Honeywell International Inc., Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, OMRON Corporation, Rockwell Automation, Inc., Schneider Electric, Siemens, and Yokogawa Electric Corporation.
Business Opportunities in Following Regions and Countries:
Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) Europe(Turkey, Germany, Russia UK, Italy, France, etc.) North America(the United States, Mexico, and Canada.) South America(Brazil etc.) The Middle East and Africa(GCC Countries and Egypt.)
Results of the recent scientific undertakings towards the development have been studied. Nevertheless, the factors affecting the leading industry players to adopt synthetic sourcing of the market products have also been studied in this statistical surveying report. As per the report, Industrial Automation market revenue in the year 2020 was USD XX million and is expected to reach USD XX million in the year 2030 at XX% CAGR. It describes current changing market trends to help our clients make astute decisions accordingly. We are also ready to serve with a customized report. According to the need of the clients, this report can be customized and available in a separate report for the specific region.
**NOTE:Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers to post the COVID-19 crisis.**
Report Focus:
TheIndustrial Automation market report offers insight and expert analysis of key market trends and behaviors, along with an overview of market data and major brands.Industrial Automation market reports provide all data easily digestible information to drive future innovation and power your business for every entrepreneur as well as established businesses.
Secondary Data Sources That We Refer To:
Annual reports, investor presentations, SEC filings, and press releases of companies operating in the market.Website, reports, and press releases of end-user facilities.
Secondary Research Is Conducted To Derive The Following Information:
Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companiesNumber of procedures and an average price of proceduresReplacement rate and pricing of capital equipmentMarket dynamics in relation to the market under focus Drivers, restraints, trends, and opportunitiesMarket & technological trends, new product developments, product pipeline
COVID-19 Impact on Global Industrial Automation Market
The market report analyses the impact of Coronavirus (COVID-19) on the industry. Since the COVID-19 virus outbreak in December 2020, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency.
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PC-Based Automation Market Size, Segmented by Product Type, Top Manufacturers, By End-User Industry, Geography Trends and Forecast 2027 KSU | The…
Posted: at 2:08 am
PC-Based Automation Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate PC-Based Automation Market place for the forecast 2021 2027.
The PC-based automation market is expected to see high development in the years to come due to the growing emphasis on regulatory compliances, increasing demand for smart automation solutions, and raising need for efficient monitoring in manufacturing plants.
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PC-based automation is an industrial control system that uses a PC developed as a control platform. Moreover, PC-based automation is a program on a machine used to interact with monitor and material handling tool or specific a complete material handling system. Plants with high needs on processing pace, for instance, quality control and measurement systems, openness of PC-based automation market and advantage from the computing power, as these plants often work incessantly and in a harsh industrial surrounding. The PC based control platform provides a wide series of capability and reliability benefits that comprise more powerful, low cost, simpler control architecture, it defends intellectual property, and better diagnostic.
The PC-based automation market is divided into component, offering, and industry verticals. Based on offering, the PC-based automation market is divided into software, hardware, and services. The service sub-section consists of managed and professional services. Professional services comprise installation & training, software development, consulting services, maintenance & support, design & implementation, and others.
Based on components, the market is sub-segmented into programmable Logic Controller (PLCs), Human-Machine Interface (HMI), industrial PCs, Supervisory Control and Data Acquisition (SCADA), distributed Control System (DCS), and others. Based on industry verticals, the market is sub-divided into discrete industry and process industry. Process industry comprises chemicals, oil & gas, mining & metals, pharmaceuticals, energy & power, food & beverages, and others. Discrete industry comprises machine manufacturing, semiconductor & electronics, automotive, medical devices, aerospace & defense, and others.
Key Players in the PC-Based Automation Market Report:
The major players included in the global pc-based automation market forecast are Honeywell International, General Electric, Emerson Electric, Beckhoff Automation, OMRON Corporation, Mitsubishi Electric, IDEC, Robert Bosch, Siemens, Schneider Electric, ABB, Kontron S&T, Rockwell Automation, Advantech, and Yokogawa Electric.
PC-Based Automation Market Segment By Offering:
PC-Based Automation Market Segment By Component:
PC-Based Automation Market By Sales Channel:
PC-Based Automation Market Segment By Industry:
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The PC-Based Automation Market Is Expected To See High Development In The Years To Come Due To The Development Of IIoT
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
The PC-based automation market is expected to see high development in the years to come due to the development of IIoT, the growing emphasis on regulatory compliances, increasing demand for smart automation solutions, and raising need for efficient monitoring in manufacturing plants. On the other hand, high spending costs pertaining to the pc-based automation solutions implementation hinders the development of the PC-based automation market. Aerospace & defense and food & beverages sector are predicted to develop at a high speed during the coming period. Networking, installation costs, and connectivity among processing systems and the control room of operator, and security at work are some of the major issues in these sectors. PC-based automation market tech has a major role to overcome these problems. Asia Pacifics PC-based automation market is predicted to cross the development of the PC-based market. China, India, and Japan play a major role in overall development of the PC-based automation market in Asia Pacific.
Asia Pacific Is Predicted To Be The Quickest Developing Area In The Pc-Based Automation Market Over The Coming Period
Regionally, the PC-based automation market is divided into 4 different regions, such as Europe, Asia Pacific, North America, and Rest of the World. Asia Pacific is predicted to be the quickest developing area in the PC-based automation market over the coming period. Japan, India, and China are the top nations in the area, due to quickly developing manufacturing sector.
Table of Content
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USPs of Report
1.8. Report Description
2.1. Market Introduction
2.2. Executive Summary
2.3. Global PC-Based Automation Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. PC-Based Automation Market: Trends
2.8. Porters Five Forces Analysis
2.9. Market Attractiveness Analysis
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Lab Automation (TTA and TLA) Market Opportunity, Growth and Industry Outlook 2021 to 2026 | Siemens Healthineers, Roche, BD, IDS Co.,Ltd, Beckman…
Posted: at 2:08 am
Lab Automation (TTA and TLA) Market
The report presents an in-depth assessment of the Lab Automation (TTA and TLA) including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Lab Automation (TTA and TLA) investments from 2020 till 2026.
Lab Automation (TTA and TLA) Market is growing at a High CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is the major reason for the expansion of this market.
The report displays the market aggressive scene and a relating point by point investigation of the significant merchant/key players in the market. Featured Companiesin the Global Lab Automation (TTA and TLA) Market:Siemens Healthineers, Roche, BD, IDS Co.,Ltd, Beckman Coulter, Autobio, Inpeco, Abbott (GLP Systems) and others.
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Global Lab Automation (TTA and TLA) Market Split by Product Type and Applications:
This report segments the global Lab Automation (TTA and TLA) Market on the basis ofTypesare:
Task Targeted Automation (TTA)
Total Laboratory Automation (TLA)
On the basis ofApplication, the Global Lab Automation (TTA and TLA) Market is segmented into:
Medical and Pharmaceutical Lab
Biology and Chemistry Lab
Other Laboratories
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Significant Features that are under Offering and Key Highlights of the Reports:
Detailed overview of Lab Automation (TTA and TLA) Market
Changing market dynamics of the industry
In-depth market segmentation by Type, Application etc.
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Lab Automation (TTA and TLA) Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
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What are the market factors that are explained in the report?
-Key Strategic Developments:The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features:The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools:The Global Lab Automation (TTA and TLA) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Finally, Lab Automation (TTA and TLA) Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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Berkshire Grey, a Leader in AI-Enabled Robotics and Automation Solutions, Announces Business Combination with Revolution Acceleration Acquisition Corp…
Posted: at 2:08 am
BEDFORD, Mass. & WASHINGTON--(BUSINESS WIRE)--Berkshire Grey (BG or the Company), a developer of integrated artificial intelligence (AI") and robotic solutions for e-commerce, retail replenishment, and logistics, has entered into a definitive agreement with Revolution Acceleration Acquisition Corp (Nasdaq: RAAC) (RAAC), a special purpose acquisition company, to create a leading publicly listed robotics and automation solutions company with a post-transaction equity value of up to $2.7 billion.
Founded in 2013 by the current Chief Executive Officer, Tom Wagner, Ph.D., the Former Chief Technology Officer at iRobot, BG is a pure-play robotics company offering fully integrated, AI-based software and hardware solutions to automate business operations in warehouses and logistics fulfillment centers. The Companys powerful solutions help retailers and logistics companies meet the exponential growth of e-commerce and ever-increasing consumer demands. BGs management, engineering, and commercial teams each have extensive robotics expertise and deep industry experience.
The Company has achieved strong momentum since emerging from stealth mode in 2018, propelled by the accelerating consumer shift toward e-commerce and the resulting need for retailers to adapt their supply chain and warehouse operations to meet consumer demands for better selection, lower prices, and faster shipping. Roughly 5% of warehouses are automated today, which highlights the substantial market opportunity for BGs solutions.
BGs AI-enabled robotics solutions are scalable, adaptable and reliable - providing businesses with a holistic approach to automation of tasks that speed the flow of goods to consumers. The Companys offerings bring together proprietary AI with differentiated hardware to create robotic picking systems and multiple types of robotic mobility systems, which are combined in an orchestrated fashion to drive operational efficiencies. Differentiated hardware includes full robots, sensing systems, gripping systems and machine vision systems. The intellectual property supporting BGs market-leading solutions is protected by more than 300 patent filings. Operational efficiencies achieved by BG customers typically result in a return on their investment in as little as two to three years.
Order backlog and ongoing negotiations with the Companys current customers, which include multi-national retail, e-commerce and package logistics companies, provide meaningful visibility into projected revenues for 2021 and 2022. Additionally, BG intends to grow its commercial organization to meet increasing demand for its services, deepen its relationships in key industry sectors, and build out new, value-added services.
John Delaney, the Chief Executive Officer of RAAC, will remain on the Board of Directors of the combined company upon completion of the transaction.
Berkshire Grey was founded to help our customers compete even more favorably in the rapidly evolving worlds of retail and logistics, said Tom Wagner, Founder and Chief Executive Officer of BG. Consumer expectations have changed, putting more pressure on supply chain operations to get the right goods to the right places at the right times, as efficiently as possible. Over the last 12 months the pandemic amplified the already high pressure to transform, so today it is no longer a question of if companies might transform but how quickly. We are incredibly excited about this transaction, which will enable Berkshire Grey to accelerate growth and provide new and existing customers with our leading robotics solutions, Wagner concluded.
Todays consumers expect a better selection of goods, at lower prices, with shipping that is immediate, said John Delaney, the Chief Executive Officer of RAAC. In our judgment, Berkshire Greys best-in-class technology and uniquely integrated solutions provide a critical pathway for companies to adapt to these changing needs. The Companys strong relationships with an installed base of blue-chip clients is a testament to its ability to deliver tangible and measurable results that empower companies to compete even more effectively. Steve Case and I are honored to partner with Tom and the rest of Berkshire Greys talented team and investors to realize this singular opportunity to revolutionize how businesses operate. I look forward to joining their Board of Directors, added Delaney.
Transaction Overview
The transaction is expected to provide up to $413 million in cash proceeds, including a fully committed PIPE of $165 million, with current BG shareholders Khosla Ventures, New Enterprise Associates, Canaan Partners and SoftBank Group Corp. rolling 100% of their equity into the combined company. The PIPE is anchored by Chamath Palihapitiya, Founder and CEO of Social Capital, Hedosophia and funds and accounts managed by BlackRock.
At closing, BG expects to have approximately $507 million cash, which will be used to fund operations and support new and existing growth initiatives, and no debt on its balance sheet. All references to available cash from the trust account and retained transaction proceeds are subject to any redemptions by the public shareholders of RAAC and payment of transaction expenses.
The transaction, which has been unanimously approved by RAACs Board of Directors and BGs Board of Directors, is expected to close during the second quarter of 2021 and is subject to approval by RAACs stockholders and other customary closing conditions.
Advisors
Credit Suisse Securities (USA) LLC is serving as exclusive financial advisor and capital markets advisor to BG and acted as sole placement agent on the PIPE. J.P. Morgan Securities LLC is serving as exclusive financial advisor to RAAC. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to RAAC. Goodwin Procter LLP acted as legal advisor to BG. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal advisor to Credit Suisse Securities (USA) LLC.
Additional information about the proposed transaction, including a copy of the merger agreement and investor presentation, will be provided in a Current Report on Form 8-K that will contain an investor presentation to be filed by RAAC with the Securities and Exchange Commission and available at http://www.sec.gov. This press release and the investor presentation are also available on the RAAC website at https://revolutionaac.com/.
Investor Webcast
The investor webcast will be archived and available for replay at https://revolutionaac.com/ beginning today at 8:00 AM ET.
Cautionary Statement Regarding Forward-Looking Statements
This communication contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed transactions between BG and RAAC. Forward-looking statements may be identified by the use of the words such as estimate, plan, project, forecast, intend, expect, anticipate, believe, seek, strategy, future, opportunity, may, target, should, will, would, will be, will continue, will likely result, or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the proposed transaction between BG and RAAC, including statements as to the expected timing, completion and effects of the proposed transaction. These statements are based on various assumptions, whether or not identified in this document, and on the current expectations of RAACs and BGs management and are not predictions of actual performance, and, as a result, are subject to risks and uncertainties. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of RAAC and BG. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, (i) the risk that the proposed transaction may not be completed in a timely manner or at all, which may adversely affect the price of RAACs securities, (ii) the risk that the proposed transaction may not be completed by RAACs business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by RAAC, (iii) the failure to satisfy the conditions to the consummation of the proposed transaction, including the adoption of the merger agreement by the stockholders of RAAC, the satisfaction of the minimum trust account amount following redemptions by RAACs public stockholders and the receipt of certain governmental and regulatory approvals, (iv) the inability to complete the PIPE investment in connection with the proposed transaction, (v) the lack of a third party valuation in determining whether or not to pursue the proposed transactions, (vi) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, (vii) the amount of redemption requests made by RAACs public stockholders, (viii) the effect of the announcement or pendency of the proposed transaction on BGs business relationships, operating results and business generally, (ix) risks that the proposed transaction disrupts current plans and operations of BG and potential difficulties in BG customer and employee retention as a result of the proposed transaction, (x) risks relating to the uncertainty of the projected financial information with respect to BG, (xi) risks relating to increasing expenses of BG in the future and BGs ability to generate revenues from a limited number of customers, (xii) risks related to BG generating the majority of its revenues from a limited number of products and customers, (xiii) the passing of new laws and regulations governing the robotics and artificial intelligence industries that potentially restrict BGs business or increase its costs, (xiv) potential litigation relating to the proposed transaction that could be instituted against BG, RAAC or their respective directors and officers, including the effects of any outcomes related thereto, (xv) the ability to maintain the listing of RAACs securities on The Nasdaq Stock Market LLC, either before or after the consummation of the business combination, (xvi) the price of RAACs securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which RAAC plans to operate, variations in operating performance across competitors, changes in laws and regulations affecting RAACs business and changes in the combined capital structure, (xvii) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities, (xviii) unexpected costs, charges or expenses resulting from the proposed transaction, (xix) risks of downturns and a changing regulatory landscape and (xx) the effects of natural disasters, terrorist attacks and the spread and/or abatement of infectious diseases, such as COVID-19, on the proposed transactions or on the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transactions. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Risk Factors section of RAACs registration statement on Form S-1 (File No. 333-250850) (the Form S-1), the registration statement on Form S-4 discussed below (when it becomes available) and other documents filed by RAAC from time to time with the U.S. Securities and Exchange Commission (the SEC). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. If any of these risks materialize or our assumptions prove incorrect, actual events and results could differ materially from those contained in the forward-looking statements. There may be additional risks that neither RAAC nor BG presently know or that RAAC and BG currently believe are immaterial that could also cause actual events and results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect RAACs and BGs expectations, plans or forecasts of future events and views as of the date of this document. RAAC and BG anticipate that subsequent events and developments will cause RAACs and BGs assessments to change. While RAAC and BG may elect to update these forward-looking statements at some point in the future, RAAC and BG specifically disclaim any obligation to do so, unless required by applicable law. These forward-looking statements should not be relied upon as representing RAACs and BGs assessments as of any date subsequent to the date of this document. Accordingly, undue reliance should not be placed upon the forward-looking statements. Neither RAAC nor BG gives any assurance that either RAAC or BG, or the combined company, will achieve the results or other matters set forth in the forward-looking statements.
Additional Information and Where to Find It
This communication relates to the proposed business combination between RAAC and BG (the Business Combination). RAAC intends to file a registration statement on Form S-4 with the SEC, which will include a preliminary proxy statement to be distributed to holders of RAACs common stock in connection with RAACs solicitation of proxies for the vote by RAACs stockholders with respect to the Business Combination. After the registration statement has been filed and declared effective, RAAC will mail a definitive proxy statement / prospectus to its stockholders as of the record date established for voting on the Business Combination and the other proposals regarding the Business Combination set forth in the registration statement. RAAC may also file other documents with the SEC regarding the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO CAREFULLY READ THE ENTIRE REGISTRATION STATEMENT AND PROXY STATEMENT / PROSPECTUS, WHEN THEY BECOME AVAILABLE, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AND THE DEFINITIVE VERSIONS THEREOF (WHEN THEY BECOME AVAILABLE), AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. The documents filed by RAAC with the SEC, including the preliminary proxy statement / prospectus, when available, may be obtained free of charge at the SECs website at http://www.sec.gov. In addition, the documents filed by RAAC may be obtained free of charge upon written request to RAAC at 1717 Rhode Island Ave NW, Suite 1000, Washington, DC 20036, Attn: Investor Relations.
Participants in the Solicitation
RAAC and BG and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from stockholders of RAAC in connection with the proposed transaction under the rules of the SEC. RAACs stockholders and other interested persons may obtain, without charge, more detailed information regarding the names, affiliations and interests of directors and executive officers of RAAC in RAACs Form S-1 as well as its other filings with the SEC. Other information regarding persons who may, under the rules of the SEC, be deemed the participants in the proxy solicitation of RAACs stockholders in connection with the proposed Business Combination and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the preliminary proxy statement / prospectus and will be contained in other relevant materials to be filed with the SEC regarding the proposed Business Combination (if and when they become available) . You may obtain free copies of these documents at the SECs website at http://www.sec.gov. Copies of documents filed with the SEC by RAAC will also be available free of charge from RAAC using the contact information above.
No Offer or Solicitation
This communication is not a proxy statement or solicitation or a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of RAAC, BG or the combined company, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, and otherwise in accordance with applicable law.
About Berkshire Grey
Berkshire Grey helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organize and sort operations to deliver competitive advantage for enterprises serving todays connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers. More information is available at http://www.berkshiregrey.com.
Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey. Other trademarks referenced are the property of their respective owners.
About Revolution Acceleration Acquisition Corp
Revolution Acceleration Acquisition Corp focuses on value creation opportunities at the forefront of rapid technological innovation and economic growth. We believe that alternatives to the traditional IPO process create a key avenue for transformative, category-defining companies to quickly and efficiently access public markets, enabling them to scale their business and create value for a broad and diverse group of investors. For more information about Revolution Acceleration Acquisition Corp, please visit: http://www.revolutionaac.com.
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What Businesses Need to Know About Robotic Process Automation – BizTech Magazine
Posted: February 25, 2021 at 1:07 am
Robotic process automation helps businesses keep up with ever-increasing transactions. Heres what they should know.
RPA uses virtual robots to simulate the work of a human at a keyboard, usually interacting with multiple applications. Its different from simply programming business rules into an application, because the bot is external to the application and can cross applications, read something off a web page, enter it into a local database, send an email and update yet another web page.
RPA succeeds best when the scope and steps of the process can be tightly defined, and when you take the time to carefully define each step before starting to automate anything. RPA projects should start with the fast, easy wins before moving to more complicated processes that are more difficult to automate.
RPA delivers a 24/7 workforce that operates faster and more accurately than humans at repetitive and easily defined tasks. Having a programmer update an application to implement some business processes or rules is expensive and time-consuming. RPA is a shortcut technology that lets businesses quickly define and deploy automation without modifying applications.
RPA delivers quickly in environments where many disconnected applications are needed to support a process and where human operators act as the glue to bring things together. Any data entry operation that is repetitive and requires a very low level of judgement is an excellent candidate for RPA.
RPA does not require re-engineering and refactoring business processes, but it doesnt fit well into every process. Before starting, ask how a specific process can be simplified and improved and how it can be optimized when a robot will be doing most of the work.
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What Businesses Need to Know About Robotic Process Automation - BizTech Magazine
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The rise of automation – bake Magazine
Posted: at 1:07 am
Automation reimagines the traditional idea of labor in a food or bakery processing plant. Not only can automated machines easily fill in the gaps left by employees who were laid off due to budget cuts or quit out of health concerns during COVID-19 (without adding to the risk of contamination), they can also be well-suited for the repetitive and menial tasks human workers were once expected to do. Even semi-automating a process with a standalone machine (versus a fully automated line) can help significantly to fortify staffing shortages while increasing product quality.
Sonia Bal, Director of Marketing at Unifiller Systems, shares her take on the rise of automation in the baking industry:
COVID-19 highlighted that businesses are heavily reliant on staff retention and customer demand, she explains. The current pandemic has forced more food manufacturers to consider automation as a way to ensure that equipment can step up when staff arent available. I think everyone is eager to get people back to work and open up businesses. But getting back to typical demand will be slow and steady.
Bal continues, We believe this pandemic will force most businesses to plan out structured contingency plans for any future crisis. Many essential foodservice plants offered increased pay or bonus pay during the crisis, thereby increasing their operational costs. These types of manufacturers will eventually look to reduce labor costs with automation, while others will fill staff shortages with automation. Automating production, so that businesses rely less on labor and more on equipment will be instrumental to business continuity. In the short term, as markets start to open up, they will want to ramp up quickly with varied access to staff.
Looking at business continuity and automation as a long-term investment, the number one benefit automation provides is the increased level of operations productivity. For example, Unifillers Cake-O-Matic makes cake icing quick and efficient with its servo-driven turntable, eliminating any concern for bakeries lacking in cake decorators. Plus, quality machines like the Cake-o-Matic are built to be flexible and mobile, which makes it easier for bakeries to optimize a small production space. They are also highly versatile, possessing the capabilities to be adjusted for different applications.
Another area where automation can help bakeries is improving portion accuracy without putting the onus on workers.
Where customers move towards automation, accurate portioning is critical to reduce labor during downstream processes, says Steven Belyea, Applications Manager at Unifiller. Unifiller single piston and multi piston depositors with servo control are able to control the deposit cycle more accurately compared to industry typical pneumatic depositors. This results in more accurate spreading of batters and creams and will allow for smaller minimum portions. Recipe storage and touch screen adjustment allows for faster set up, reducing the need for skilled workers.
Technology is rapidly changing our world, and due to the 2020 pandemic, the theme of innovation has truly been brought to the forefront for many small to mid-size businesses. Not only do automated systems and equipment provide businesses with a holistic solution to staffing challenges, pandemic-related or otherwise, automation is an exciting area of technology that continues to evolve and provide lucrative opportunities. What better time to be a part of a revolution that is paving the way for a better future for the food and baking world?
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Over half of Indian enterprises eye automation to adapt to new normal: Report – Mint
Posted: at 1:07 am
New Delhi: The proliferation of remote working solutions is leading companies towards greater adoption of automated processes. Adoption rates of robotic process automation (RPA) will grow by 57% in India in the next year, according to a study conducted by the International Data Corporation (IDC) and commissioned by Automation Anywhere.
The research firm surveyed technology executives across India and 1,600 of Automation Anywheres own customers.
Also Read | Bitter home truths for migrant workers
The study also found that 56% organizations in the country plan to deploy digital workers and software bots to work directly with their human employees. About 76% of the surveyed companies said they have volumes of rules-based and repetitive tasks that are currently managed by human resources.
As the nature of jobs and work changes after the pandemic, digital workers will add value beyond ROI to help organizations develop new capabilities and business models. Automation will become a business imperative for driving innovation, customer centricity, and gaining efficiencies," said Rishu Sharma, Principal Analyst, Cloud and Artificial Intelligence (AI), at IDC India.
We see more and more customers looking for end-to-end automation and partners who can bring both Cognitive and RPA capabilities in a fully integrated fashion. RPA vendors that can provide the same have an additional edge in the future," said Sajesh Gopinath, General Manager & Go To Market Leader - UST SmartOps, at UST, a digital technology and transformation company.
According to Milan Sheth, executive vice president, IMEA, Automation Anywhere, implementation of RPA is divided between front office, back office and employees themselves.
Sheth said more digital collaboration is happening with humans in the front office, like financial institutions using RPA to process know-your-customer documents etc. Companies are employing digital assistants to work with employees in order to scale up business.
Sheth added that the company has also seen a big change in the employee experience, where companies follow a hybrid model between working from home and working from office. If you are an internal employee and you are spending 20-30% of your time in uploading and processing reports, filing weekly summaries etc, all of that the bots can do for you," he said. Digital collaboration is also helping in such activities.
RPA and other automated services have been growing since March last year, when global lockdowns led companies to adopt remote work. Industry stakeholders say not only private companies, but the public sector too has adopted automation. The IDC report said a government-owned postal service automated 25 processes to maintain financial journals, managing credit uploads and more.
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Over half of Indian enterprises eye automation to adapt to new normal: Report - Mint
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env0 Introduces First Remote Run SaaS Solution for the Automation of Terragrunt Workloads – PRNewswire
Posted: at 1:07 am
TEL AVIV, Israeland SUNNYVALE, Calif., Feb. 23, 2021 /PRNewswire/ --env0, a provider of automated, collaborative remote-run workflow management for cloud deployments, today announced the first remote run SaaS solution for the automation of Terragrunt workloads across multiple Terraform modules. The integration of Terragrunt and env0 optimizes IaC deployments to ensure greater efficiency, control, visibility and governance.
With env0's automated, collaborative remote-run workflow management platform for Terragrunt, the company addresses the need for provisioning and compliance of changing cloud resources. Now, DevOps engineers avoid points of failure with out-of-the-box control and governance tools and improve operations with the product's remote state and operations backend. Built for scale, env0 enables users and teams to streamline workflow in the deployment of infrastructure as code.
With env0, visibility into infrastructure changes is provided with detailed plans directly on the pull requests in GitHub and other SCM. Policy-as-a-code guardrails can be set up based on the Open Policy Agent (OPA) framework and RBAC models built upon rich context like users and teams, Git Repos, cloud accounts and environments --quickly and easily.
With env0, the practitioner simply sets up templates with existing Terragrunt repos in the same way as Terraform repos, then clicks "Create New Template" and selectsTerragrunt. From there, the template creation process is exactly the same as it is with usual Terraform files. env0allows one to oversee these environments from deployment to destruction for complete end-to-end management.
The Terragruntcommunity has already begun to recognize the value of env0. In a recent post, one member commented that "You can nowautomate your Terragrunt workflows and manage all of your different environments with env0. It helps to add visibility and governance to the already awesome value that Gruntwork providers have with Terragrunt over traditional Terraform workflows."
"env0'sautomation of IaC operations, including pull request management and merge flow, allow for the confident approval of infrastructure change requests enterprise-wide," said Ohad Maislish, Co-founder and CEO of env0. "This alignment with Terragrunt is a first step in becoming a multi-IaC framework that goes beyond Terraform toempower IaC teams with expansive cloud IT automation."
Availability
The env0integration with Terragrunt is available for download immediately at http://www.env0.com.
Supporting Resources
Follow env0 online for the latest news and information.
About env0
env0automates and simplifies the governance of cloud deployments for Terraform, Terragrunt and IaC frameworks, offering a collaborative remote-run workflow management. Our powerful solution addresses the need for provisioning and compliance of changing cloud resources.
env0 enables users and teams to jointly share configuration templates using remote state file storage to prevent drifts and accelerate code deployment. env0 fully integrates with CI/CD pipelines and VCS tools and delivers full CLI support to ensure a smooth, flawless process.
env0 is headquartered in Tel Aviv, Israel, with offices in New York and Silicon Valley.
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