The Prometheus League
Breaking News and Updates
- Abolition Of Work
- Ai
- Alt-right
- Alternative Medicine
- Antifa
- Artificial General Intelligence
- Artificial Intelligence
- Artificial Super Intelligence
- Ascension
- Astronomy
- Atheism
- Atheist
- Atlas Shrugged
- Automation
- Ayn Rand
- Bahamas
- Bankruptcy
- Basic Income Guarantee
- Big Tech
- Bitcoin
- Black Lives Matter
- Blackjack
- Boca Chica Texas
- Brexit
- Caribbean
- Casino
- Casino Affiliate
- Cbd Oil
- Censorship
- Cf
- Chess Engines
- Childfree
- Cloning
- Cloud Computing
- Conscious Evolution
- Corona Virus
- Cosmic Heaven
- Covid-19
- Cryonics
- Cryptocurrency
- Cyberpunk
- Darwinism
- Democrat
- Designer Babies
- DNA
- Donald Trump
- Eczema
- Elon Musk
- Entheogens
- Ethical Egoism
- Eugenic Concepts
- Eugenics
- Euthanasia
- Evolution
- Extropian
- Extropianism
- Extropy
- Fake News
- Federalism
- Federalist
- Fifth Amendment
- Fifth Amendment
- Financial Independence
- First Amendment
- Fiscal Freedom
- Food Supplements
- Fourth Amendment
- Fourth Amendment
- Free Speech
- Freedom
- Freedom of Speech
- Futurism
- Futurist
- Gambling
- Gene Medicine
- Genetic Engineering
- Genome
- Germ Warfare
- Golden Rule
- Government Oppression
- Hedonism
- High Seas
- History
- Hubble Telescope
- Human Genetic Engineering
- Human Genetics
- Human Immortality
- Human Longevity
- Illuminati
- Immortality
- Immortality Medicine
- Intentional Communities
- Jacinda Ardern
- Jitsi
- Jordan Peterson
- Las Vegas
- Liberal
- Libertarian
- Libertarianism
- Liberty
- Life Extension
- Macau
- Marie Byrd Land
- Mars
- Mars Colonization
- Mars Colony
- Memetics
- Micronations
- Mind Uploading
- Minerva Reefs
- Modern Satanism
- Moon Colonization
- Nanotech
- National Vanguard
- NATO
- Neo-eugenics
- Neurohacking
- Neurotechnology
- New Utopia
- New Zealand
- Nihilism
- Nootropics
- NSA
- Oceania
- Offshore
- Olympics
- Online Casino
- Online Gambling
- Pantheism
- Personal Empowerment
- Poker
- Political Correctness
- Politically Incorrect
- Polygamy
- Populism
- Post Human
- Post Humanism
- Posthuman
- Posthumanism
- Private Islands
- Progress
- Proud Boys
- Psoriasis
- Psychedelics
- Putin
- Quantum Computing
- Quantum Physics
- Rationalism
- Republican
- Resource Based Economy
- Robotics
- Rockall
- Ron Paul
- Roulette
- Russia
- Sealand
- Seasteading
- Second Amendment
- Second Amendment
- Seychelles
- Singularitarianism
- Singularity
- Socio-economic Collapse
- Space Exploration
- Space Station
- Space Travel
- Spacex
- Sports Betting
- Sportsbook
- Superintelligence
- Survivalism
- Talmud
- Technology
- Teilhard De Charden
- Terraforming Mars
- The Singularity
- Tms
- Tor Browser
- Trance
- Transhuman
- Transhuman News
- Transhumanism
- Transhumanist
- Transtopian
- Transtopianism
- Ukraine
- Uncategorized
- Vaping
- Victimless Crimes
- Virtual Reality
- Wage Slavery
- War On Drugs
- Waveland
- Ww3
- Yahoo
- Zeitgeist Movement
-
Prometheism
-
Forbidden Fruit
-
The Evolutionary Perspective
Category Archives: Automation
Why This Red-Hot Industry Will Outlast Any Recession – The Motley Fool
Posted: October 2, 2022 at 4:33 pm
If you buy stocks in a slowdown, it's a good idea to ensure they will have good growth prospects coming out of recession. In that context, it's a great idea to look at the industrial automation and software companies that power industrial automation. They represent a growth industry whose best days are yet to come.
To understand the full benefit of automation, it's essential to be aware of "Industry 4.0," also known as the "fourth industrial revolution." Simply put, it refers to the confluence of the digital and physical worlds. One example comes from creating a so-called "digital twin" of a physical asset. Say a gas turbine or a bottling plant is digitally twinned. The Internet-of-Things technology generates a mass of data from the physical asset, which is then analyzed digitally and modeled using the twin. In this way, artificial intelligence can better model, guide, and predict the behavior of the physical asset. For example, data from the bottling plant line could be digitally modeled and simulated to predict better when the equipment needed servicing -- doing so would reduce costly downtime and improve productivity.
It's always tricky to succinctly articulate these concepts. Hence, I thought it would be interesting to refer to what the management of one leading industrial company, Stanley Black & Decker (SWK -2.59%), said recently about its Industry 4.0 opportunity. The tools and hardware company is trying to reduce its manufacturing and supply chain costs, and using automation is one way it can do this.
Speaking at a conference recently, CEO Don Allan said, "If you did a power tool assembly in China or Mexico, you might have 50 to 75 people on the line," whereas the automated solution the company is running in North Carolina has 10-12 people operating it. He noted that an updated version of the automated plant could get that figure down to 2-3. While the cost of doing the latter "is almost equivalent to the cost" of doing the line in China or Mexico, the benefit is Stanley can run an automated line "24/7," as Allan puts it.
In addition to the productivity benefits at a plant level, the ability to create cost-effective facilities enables companies to reduce the complexity of their supply chains and reshore production. That's a massive plus for a company like Stanley, which alongside much of the industrial sector, suffered from significant supply chain issues in 2022. Unfortunately, the pandemic and its associated lockdowns created tremendous stress on supply chains and shortages of products like semiconductors and other components. Automating and digitizing production helps to improve supply chain efficiency and should allow companies to better manage inventory and the supply of critical components. It also gives greater flexibility in locating a production plant so that management can reduce the complexity of its global supply chain. As such, it's a pretty safe bet that companies will continue to look at investing in Industry 4.0 solutions through any recession.
A few ways to invest in this trend include automation company Rockwell Automation (ROK -0.31%) or its industrial software partnerPTC (PTC -1.01%). One of the most prominent players in automation, Rockwell manufactures control products, sensors, controllers, and systems and sells across all three major end markets for automation. Namely, discrete automation (semiconductor manufacturing, automotive production, etc.), process automation (continuous processing of raw materials such as oil & gas and chemicals), and hybrid automation (food & beverage, life sciences, etc.).
Although management has had to lower its full-year organic sales growth this year (from 10%-14% to 10%-12%) on the back of supply chain volatility (a familiar refrain this year), it's still set for double-digit growth.
The company is highly profitable and traditionally is a good cash generator, generating high mid-teens margins. However, despite the stock's decline this year (nearly 38%, as I write), the stock still doesn't look like a raging buy. Based on its ratio of enterprise value (market cap plus net debt) to earnings before interest, taxation, depreciation, and amortization (EBITDA), it's hard to make a case for the stock being a great value.
ROK EV to EBITDA data by YCharts
Rockwell has a strategic alliance with PTC and has also invested heavily in the company, and the latter does look like a good value. The company has upgraded its growth expectations for 2022 and is achieving impressive growth in its core computer-aided design and product lifecycle management (PLM) software solutions. Meanwhile, its growth products (Internet of Things, or IoT and augmented reality, or AR; Industry 4.0 specific solutions) are set for long-term growth. PTC's IoT solutions connect the physical world to the digital world, while its AR solutions help visually represent data in the physical world -- think of service engineer looking at a complex network through a tablet running a digital overlay of the network in front of him. Based on its excellent long-term growth prospects and Wall Street analyst projections of $700 million in free cash flow in 2024 (putting it on less than 18 times 2024 free cash flow), PTC is a good value for a high-growth stock.
There's no denying Rockwell and PTC will come under pressure if the economy turns down and near-term orders dry up. But on the other hand, the productivity gains from implementing Industry 4.0 solutions (as seen with the Stanley Black & Decker example above) will ensure that they emerge strongly out of any recession and beyond. As such, a stock like PTC is very attractive to buy on a dip.
See more here:
Why This Red-Hot Industry Will Outlast Any Recession - The Motley Fool
Posted in Automation
Comments Off on Why This Red-Hot Industry Will Outlast Any Recession – The Motley Fool
Process Automation And Instrumentation Market 2026, Simplification Of Manufacturing Through Automation to Boost Market Growth – Technavio – PR…
Posted: at 4:33 pm
NEW YORK, Sept. 30, 2022 /PRNewswire/ --The Process Automation And Instrumentation Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the process automation and instrumentation market between 2021 and 2026 is USD 28.57billion. The report extensively coversprocess automation and instrumentation marketsegmentation by type (process automation and process instrumentation) andgeography (APAC, North America, Europe, South America, and the Middle East and Africa).To get the exact yearly growth variance and the Y-O-Y growth rate,Buy Sample Report.
Key Market Dynamics:
One of the factors propelling the process automation and instrumentation market's expansion is automation's ability to simplify manufacturing. For the various industries, the intense competition, growing complexity of production processes, and shorter time-to-market have all become key challenges. Therefore, automated devices in industrial facilities just require a modest programming change to adapt to the changing technology.
Process automation and instrumentation speed up data collection and improve the effectiveness of the entire production process since automated systems can quickly respond to operational changes. Therefore, one of the key factors anticipated to fuel the market's growth throughout the forecast period is manufacturing automation. However, factors such as cybersecurity threatswill challenge market growth. Request Free Sample Report.
Competitive Analysis
The competitive scenario provided in the process automation and instrumentation market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Company Profiles
Global market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
Some Companies Mentioned with their Offerings
To gain access to more vendor profiles with their key offerings available with Technavio,Click Here
Related Reports:
Overhead Cables Marketby Type and Geography - Forecast and Analysis 2022-2026:The overhead cables market share is expected to increase by USD17.67 billion from 2021 to 2026,and the market's growth momentum will accelerate at a CAGR of 5.1%.
Electric Motor Sales Marketby Application and Geography - Forecast and Analysis 2022-2026:The electric motor sales market share is expected to increase by USD52.69 billion from 2021 to 2026,and the market's growth momentum will accelerate at a CAGR of 6.38%.
Process Automation And Instrumentation Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 5.75%
Market growth 2022-2026
$28.57 billion
Market structure
Fragmented
YoY growth (%)
5.55
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 37%
Key consumer countries
US, Canada, China, India, and UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
ABB Ltd., Delta Electronics Inc., Emerson Electric Co., Endress Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co, Hitachi Ltd., Honeywell International Inc., Metso Outotec Corp., Mitsubishi Electric Corp., OMRON Corp., Pepperl and Fuchs SE, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Thermo Fisher Scientific Inc., and Yokogawa Electric Corp.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Us
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.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[emailprotected]Website:www.technavio.com/
SOURCE Technavio
Here is the original post:
Posted in Automation
Comments Off on Process Automation And Instrumentation Market 2026, Simplification Of Manufacturing Through Automation to Boost Market Growth – Technavio – PR…
Phase One, Drone Harmony Team on Image Capture Automation – T&D World
Posted: at 4:33 pm
Phase One, a provider of professional aerial cameras and Drone Harmony, a maker of automation software for data acquisition workflows in the commercial drone market, are teaming up to empower customers to increase productivity and consistent image quality for reliable and scalable operations.
The new integration between Phase One and Drone Harmony, increases productivity, ease of use and flexibility by offering an automated mission planning tool which together with Phase One 100MP sensor reduces the chance of having to refly complex vertical inspection assets and improves the efficiency and data quality compared to manual flight.
Weve seen a strong customer demand to automatize inspection and high-resolution mapping jobs, especially for high-risk mission in urban or industrial environments. Together with Phase One were now meeting this demand by offering industry leading high-resolution jobs with an unmatched efficient, accurate and automated inspection and a simplified integration process via Phase One camera SDK. Said David Adjiashvili, Co-founder at Drone Harmony "Phase One is well known in the UAV industry for our uncompromised image quality, submillimeter details and ultra-high resolution. The Drone Harmony integration ensures that our customers can get consistent results through flight path automatization and thereby creating a critical enabler for scaling their UAV operations and increasing the productivity said Michael Messersmith, Portfolio Director - Drones/UAVs.
See the original post:
Phase One, Drone Harmony Team on Image Capture Automation - T&D World
Posted in Automation
Comments Off on Phase One, Drone Harmony Team on Image Capture Automation – T&D World
5 Ways Automation is Transforming the Shipping and Logistics Industry – Robotics and Automation News
Posted: at 4:33 pm
Shipping and logistics play a critical role in the growth of the economy. Thats true since all economic activities depend on the existence and efficiency of shipping and logistics. Therefore, no country can enhance its national income without the input of the shipping and logistics sector.
That said, shipping and logistics is the process in which products are delivered to businesses and consumers. And while it sounds simple, the process can be complex and time-consuming, especially when utilizing manual techniques. For that reason, firms in the shipping and logistics industries are leveraging the power of technology to streamline their operations.
One of the ways they achieve integration technology is through automation. It refers to the use of software to complete tasks and minimize human intervention. And for more information about automation in the shipping and logistics industry, you can visit Truckstop.com or any other similar platform.
With that said, automation is transforming the shipping and logistics sector in many ways. These include:
You need sales to grow your company. And the only way to achieve that is by attracting customers. Without customers, you wont make any sales. Therefore, your company wont take off from the ground.
You can adopt several strategies, like marketing, to attract customers to your enterprise. However, all your efforts will go down the drain if you dont offer premium customer service. Your company will barely attract customers if your customer service is poor. And even if you attract a few customers, poor customer service makes them turn to your competitors.
While thats the case, sometimes offering premium customer service can be challenging, especially when dealing with manual processes. For instance, you might fail to respond to customers queries on time or process orders quickly. Thats why companies in the shipping and logistics sector have turned to automation technology.
With automation, you can process and deliver orders in no time. As a result, your firm will become more efficient. That ensures you offer premium services to your clients.
Cost is one of the major concerns in companies dealing with shipping and logistics. Thats because increased costs hurt profits. Therefore, any company will barely grow if it continues to incur huge amounts. However, firms in logistics are implementing automation to reduce costs.
Thus, shipping and logistics automation helps reduce costs in various ways. For instance, it ensures data can be automatically entered into the computer systems. It eliminates the need to hire a lot of data entry clerks. As a result, companies automating their data entry process can save on labor costs.
You must also understand that manually entering data comes with a lot of human errors. For instance, it can lead to wrong data entry, which causes you to pay for shipping twice, attracting extra costs. You could have avoided that by installing data entry automation software. It eliminates the need for entering data manually, leaving no room for errors.
Communication is necessary to the success of every companys operation. Nothing can run in your enterprise without communication. For instance, you must pass information to workers, connect with distributors or manufacturers, and engage with clients.
While thats the case, communicating using outdated methods might not add much value to your firm. Thats true, especially when dealing with workers or customers in different locations or time zones. Thats why companies in the shipping and logistics sectors have turned to automated communications.
With automated communication systems, firms can efficiently create and send communications to whomever they want. Besides, it allows them to automate responses. As a result, customers wont have to wait too long before getting responses to their concerns.
Additionally, a communication automation tool allows one to schedule communications. As a result, you can send your messages to the right people at the right time. And that increases the chances of customers responding. That goes a long way in improving communication in the shipping and logistics industry.
Companies in shipping and logistics make cybersecurity one of their top priorities since cyber-attacks can lead to data loss. And when that happens, one can lose control of their enterprises or incur a substantial amount of money in recovering the lost data. Its, therefore, essential to find effective ways to secure online data.
Over time, establishing a comprehensive cybersecurity strategy has proved not to be good enough in securing data. Thats true since cybercriminals are becoming cleverer in their hacking approach. Thats why firms in the shipping and logistics industry are leveraging the power of cybersecurity automation.
Cybersecurity automation is a term that describes technologies that minimize human intervention in protecting data against unauthorized access. For instance, today, companies in the shipping and logistics sectors are using artificial intelligence (AI) and machine learning to automate many of their cybersecurity activities.
That helps create a system that automatically detects any cybercriminal activity or threat in their system. As such, they can employ effective measures to deal with any potential cybersecurity threat, enhancing data security.
Increased productivity is vital to the success of any firm since it helps promote sales. No company can thrive without making enough sales. For that reason, you need to implement effective ways to boost your sales.
Today, enterprises in the shipping and logistics sector are turning to automation technology to improve their productivity. That becomes possible because automation helps eliminate repetitive tasks.
As a result, workers can save time and complete more tasks within a day. That has led to increased productivity and efficiency in the shipping and logistics industry.
As youve seen above, automation has transformed the shipping and logistics sector in various ways. For that reason, you can consider automating all your processes. However, you must utilize the proper process automation computer applications.
Some of the most important factors to consider when purchasing your company automation software include integration with other applications, ease of use, scalability, and quality. Additionally, consider sourcing your automation software from a reputable service provider.
You might also like
Read more:
5 Ways Automation is Transforming the Shipping and Logistics Industry - Robotics and Automation News
Posted in Automation
Comments Off on 5 Ways Automation is Transforming the Shipping and Logistics Industry – Robotics and Automation News
Automation technology to boost Japans logistics industry – ThePrint
Posted: at 4:33 pm
Tokyo [Japan], October 1 (ANI): The logistics industry is paying attention to technology that automates work. Automation technology can bring efficiency and solve challenges that Japanese industries face.
Due to the labour shortage, the declining birth rate and ageing population, and the corona pandemic, there is an environment where workers do not want to gather. Automation is required to solve such a situation. A self-driving route is created using mapping technology. In addition, the traffic rules are embedded, instruct the robot, and automatically pick them up. Every process is automatically performed, said Shigehiro Tsujimoto, Official, Altech.
The Tsubakimoto Chain is an industrial chain that supports Japanese manufacturing.
The know-how of generating power, cultivated in its long history, contributes to the technology of full automation.
Our company has started with the manufacture of transportation chains. As a professional company for moving things, we manufacture automatic material handling systems. Our company has 100 years history, and the material handling system has an 80-year history. A three-dimensional truck carries the product to the worker, so the worker does not have to walk or move the passage to pick it up. Another feature is 52 meters height, and it enables you to store it in a high place. So space can be used effectively, said Miku Oka, Tsubakimoto Chain.
The industrial arm-type robot uses image processing and AI technology to identify uneven packages and efficiently pick them up.
The fusion of the spirit of manufacturing and the latest technology of AI will evolve logistics technology. (ANI)
This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.
View original post here:
Automation technology to boost Japans logistics industry - ThePrint
Posted in Automation
Comments Off on Automation technology to boost Japans logistics industry – ThePrint
Robotic Process Automation Market Size [2022-2029] Worth USD 43.52 Billion | Exhibiting a CAGR of 23.4% – GlobeNewswire
Posted: at 4:33 pm
Pune, India, Sept. 27, 2022 (GLOBE NEWSWIRE) -- The global robotic process automation market size hit USD 7.11 billion in 2021. The market valuation is expected to increase from USD 10.01 billion in 2022 to USD 43.52 billion by 2029 at a healthy CAGR of 23.4% over 2022-2029. RPA adoption is increasing across organizations of all sizes to generate greater Return on Investment (ROI) and boost productivity. Major market players are launching new Robotic Process Automation (RPA) solutions based on AI, machine learning, and cloud models to help meet the increasing demand, says Fortune Business Insights, in its report titled Robotic Process Automation Market Share, 2022-2029."
RPA Industry Saw 8.8% Growth during Pandemic Led by Increased Adoption across Healthcare
The COVID-19 pandemic had a positive impact on the robotic process automation market growth during 2020 owing to increased adoption of RPA solutions across healthcare. According to Fortune Business Insights, the market experienced 8.8% growth, or USD 5.06 billion in 2020. Vaccine manufacturing emerged as a major propeller for the RPA industry during the pandemic.
Request Sample Copy of the Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/robotic-process-automation-rpa-market-102042
RPA Market Growth Factor
The report offers:
Segments:
By Component, Services Segment to Record Notable Growth through 2029In terms of component, the market is bifurcated into software and services. Among these, the services segment is anticipated to capture the largest share through 2029, led by growing adoption of RPA-as-a-service among enterprises. On the other hand, the software segment is expected to grow at a healthy CAGR during 2022-2029 led by the rapid adoption of RPA across the manufacturing sector. By Operation, Rule-Based Segment to Gain Traction during 2022-2020
Based on operation, the market is bifurcated into knowledge-based and rule-based. The rule-based segment is anticipated to capture the maximum market share owing to wide deployment among enterprises. Meanwhile, the knowledge-based segment will record the highest CAGR over 2022-2029 led by the growing adoption of automation.
By Application, Administration and Reporting Segment to Generate Robust Demand
By application, the market is segregated into analysis, data migration & capture extraction, administration and reporting, customer support, and others. Among these, the administration and reporting segment is slated to hold the dominant market share through 2029, owing to rapid and efficient adoption of automation for BFSI applications.
By Industry, BFSI Sector to Experience Rapid RPA Adoption during 2022-2029
According to industry, the market is segmented into retail, manufacturing & logistics industry, BFSI, healthcare, IT and telecom, hospitality, and others. The BFSI segment held maximum market share in 2021 and will continue to dominate the industry in the forthcoming years. Meanwhile, the healthcare segment is projected to rise at the fastest CAGR during 2022-2029.
Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/robotic-process-automation-rpa-market-102042
Drivers & Restraints:
RPA Industry to Gain Traction Led by Increased Adoption of AI, Machine Learning, and Cloud
The market growth of robotic process automation will be primarily driven by the increased adoption of advanced technologies such as AI, machine learning, and cloud. More and more businesses are adopting RPA to automate business processes and handle the increasingly complex data. Companies are developing and deploying cloud and AI-based RPA solutions to automatically optimize businesses processes and workflows.
However, infrastructure and customization issues related to RPA could be a restraining factor for the market in the coming years.
Regional Insights:
North America to Dominate Market Share Backed by Growing Federal Funding
North America dominated the robotic process automation market share in 2021 with a revenue share worth USD 4.02 billion. The regional growth is influenced by growing federal investments to encourage private companies to deploy automated solutions to smoothen their workflow.
Asia Pacific is slated to be the fastest-growing region during 2022-2029 led by the increased adoption of RPA software across the automotive manufacturing sector. Meanwhile, the market in Europe will gain traction led by increasing adoption across the U.K., Germany, and Italy. Competitive Landscape:
Key Players Adopt Various Growth & Expansion Strategies to Boost Market Presence
The global market is consolidated by the presence of major players, including Blue Prism Group Plc., Automation Anywhere Inc., and UiPath. These companies are adopting various strategies such as collaborations, mergers, acquisitions, and new product launches to gain a competitive advantage.
Key Industry Development:
November 2021: UiPath, Inc. introduced the new 2021.10 advanced RPA platform that allows customers to automate its business processes more effectively.
Companies Profiled in the Robotic Process Automation Market Report
Access Full Report - Robotic Process Automation Market:
https://www.fortunebusinessinsights.com/checkout-page/102042
Major Points in TOC:
TOC Continued!
FAQs:
How big is the RPA market?
The global RPA market size hit USD 7.11 billion in 2021. The market valuation is expected to increase from USD 10.01 billion in 2022 to USD 43.52 billion by 2029 at a healthy CAGR of 23.4% over 2022-2029
Who is the market leaders in RPA?
Automation Anywhere, Blue Prism Group, UiPathInc, Microsoft Corporation, Nice Systems Ltd, WorkFusion, Pegasystems, OnviSource, Salesforce, Kryon Systems
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights Pvt. Ltd.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Link:
Posted in Automation
Comments Off on Robotic Process Automation Market Size [2022-2029] Worth USD 43.52 Billion | Exhibiting a CAGR of 23.4% – GlobeNewswire
TradeTech FX: Automation needs to expand its focus away from the point of trade execution – The TRADE – The TRADE News
Posted: at 4:33 pm
Shifting the focus of automation upwards in workflows away from the point of trade execution could uncover improvement in multiples, a buy-side panellist has concluded.
Speaking at TradeTech FX, eFX lead for British-American hedge fund, BlueCrest Capital Management, Garrod Treverton, said automation was too focused on the point of trade execution which lasts anything from a few seconds to a few minutes and where restrictions make innovation more difficult.
Regulation and codes of conduct are very restrictive in what traders can do during that time. Its basically trade sequentially when you receive a trade unless you cant, said Treverton.
Instead, he argued that if the power of automation were to be focused upwards, examining where a trade came from, how it couldve been managed differently before it arrived and how the order might relate to other books of business then the industry could uncover improvement of multiples.
The relationship between traders and portfolio managers was another area where Treverton and fellow panellist, Vinay Trivedi, chief operating officer at MaxxTrader Systems, agreed automation could be used to improve processes.
Traders are at the coal face all of the time. They understand liquidity, pricing and dynamics. For portfolio managers foreign exchange is not their primary concern. They know it has an impact but there needs to be more dialogue like you see in fixed income for example, said Treverton.
This is where technology can help bridge the gap, added Trivedi.
Changing skills
A common theme on panels at TradeTech FX 2022 was the changing skillset needed on the trading desk in light of greater levels of automation and electronification.
Python has become a feature of desks. Coders and traders sit next to each other and thats great as the guys building the new processes can see first-hand the workflows and trader actions, said Treverton.
Getting the trader off the desk is the wrong notion. You cant rule out the experience of a trader particularly in an emerging market currency. The industry should continuously work on bringing innovation by the hybrid model is here to stay, added Trivedi.
Bottlenecks
When asked what was slowing the pace of automation, Trivedi said certain firms has taken too long to let go of legacy systems and this had created a bottleneck while he said some solution providers had stopped innovating after a certain stage, for example after developing and EMS or OMS.
Go here to read the rest:
Posted in Automation
Comments Off on TradeTech FX: Automation needs to expand its focus away from the point of trade execution – The TRADE – The TRADE News
ATS Automation Tooling Systems Inc. (TSE:ATA) has caught the attention of institutional investors who hold a sizeable 44% stake – Simply Wall St
Posted: at 4:33 pm
If you want to know who really controls ATS Automation Tooling Systems Inc. (TSE:ATA), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 44% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.
Let's delve deeper into each type of owner of ATS Automation Tooling Systems, beginning with the chart below.
See our latest analysis for ATS Automation Tooling Systems
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
ATS Automation Tooling Systems already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see ATS Automation Tooling Systems' historic earnings and revenue below, but keep in mind there's always more to the story.
It looks like hedge funds own 19% of ATS Automation Tooling Systems shares. That's interesting, because hedge funds can be quite active and activist. Many look for medium term catalysts that will drive the share price higher. Looking at our data, we can see that the largest shareholder is Mason Capital Management LLC with 19% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.1% and 3.7%, of the shares outstanding, respectively.
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 19 shareholders, meaning that no single shareholder has a majority interest in the ownership.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our information suggests that ATS Automation Tooling Systems Inc. insiders own under 1% of the company. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around CA$21m worth of shares (at current prices). Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.
The general public, who are usually individual investors, hold a 36% stake in ATS Automation Tooling Systems. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with ATS Automation Tooling Systems .
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.
Find out whether ATS Automation Tooling Systems is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
Read the rest here:
Posted in Automation
Comments Off on ATS Automation Tooling Systems Inc. (TSE:ATA) has caught the attention of institutional investors who hold a sizeable 44% stake – Simply Wall St
Automate Windows administration with PowerShell: Learn how in this training course – TechRepublic
Posted: at 4:33 pm
Learn the basics of automation in Windows PowerShell for just $19.99 with this certification bundle.
Windows administration can be a thankless, tedious task, especially in big organizations. Thats why Windows PowerShell exists. PowerShell is a clever way to automate tasks on a Windows Server or Windows workstation: Not only can it help you save time performing routine administration, but it can also lighten your workload and allow you to get more out of your Windows operating system.
If you want to make your life easier as an administrator, its time to learn Windows PowerShell. The 2022 Windows PowerShell Certification Bundle has you covered.
Starting out, youll learn essential tools for Windows system administrators, delving into automation using PowerShell scripting. Youll learn basic command lines, understand the underlying concepts of PowerShell and integrate PowerShell concepts with non-Microsoft products.
Soon, youll progress to advanced PowerShell scripting, getting familiar with the Active Directory. Through the courses, youll develop a robust automation solution for application and system validation, helping you to save significant amounts of time on routine patching and application upgrades. Finally, youll progress to GUI automation, learning how to use Python scripting to streamline and automate your daily work. The whole bundle is a comprehensive introduction to PowerShell that will elevate you to an advanced level to simplify all of your Windows administration tasks.
Its time to make your life a whole lot easier, and your work day far more efficient. Learn Windows PowerShell scripting and more in The 2022 Windows PowerShell Certification Bundle, available for a limited time for just $19.99.
Prices and availability are subject to change.
View post:
Automate Windows administration with PowerShell: Learn how in this training course - TechRepublic
Posted in Automation
Comments Off on Automate Windows administration with PowerShell: Learn how in this training course – TechRepublic
ARTPARK@IISc and Nokia join forces, demonstrate the power of next-generation telecom networks in business communication and automation at IMC 2022 -…
Posted: at 4:33 pm
Bangalore-based not-for-profit foundation, AI & Robotics Technology Park (ARTPARK) @ the Indian Institute of Science (IISc) and Nokia partnered to demonstrate two innovative use cases at the ongoing India Mobile Congress:Robotic Telepresencefor seamless workplace interactions in a hybrid setup andNetwork as a Third Eyeto automate manual warehousing processes, which can take advantage of ultra-reliable low latency communication (URLLC) of 5G.
As part of the first use case, AHAM Robotics, a venture incubated at ARTPARK, showcased robotic teleportation solution which provides real-time, virtual teleportation that enables untethered collaboration between people in different geographical locations. The solution enables users to move around during the meeting physically, and permits more versatile interactions and use cases than the usual web meetings. The demos allowed visitors in IMC to enjoy live interactions with exhibitors in IISc via robotic teleportation.
In the second use case, ARTPARK showcased how blind robots can still work autonomously by using advanced network-enabled perception. Such technologies, enabled by advanced, low latency and ultra-reliable services in 5G, will help cost-effective and efficient automation of warehousing functions. The demo showcased how a simple robot with no in-built vision capability, could still use cameras installed outside (third eye) and have meaningful interactions with visitors.
Prof. Bharadwaj Amrutur, Research Head, ARTPARK, Professor, IISc, As workplaces move towards a more hybrid setup, we will need tools to digitize global business communications to ensure productivity and profitability. This is where robotic teleportation comes into play. They offer both technological benefits and collaboration advantages, benefiting businesses and clients alike. Although video conferencing emerged as a saviour during the pandemic, allowing businesses to interact virtually, it wont be enough to cater to the rapidly evolving needs of todays hybrid world. AHAM Robotics, incubated at ARTPARK, aims to address this challenge by making the best of AI & robotics innovations to help businesses bridge their collaboration gaps.
About Nokia
At Nokia, we create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable, and inclusive world.
AboutARTPARK
AI & Robotics Technology Park (ARTPARK) is a one-of-its-kind, not-for-profit foundation established by the Indian Institute of Science (IISc), Bengaluru, with support from the AI Foundry in a public-private collaborative model, to promote technology innovations in AI (Artificial Intelligence) & Robotics. With seed funding of INR 170 Cr ($22Mn) from the Department of Science & Technology (DST), Govt. of India, under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) and a grant worth INR 60 Cr from the GOK(Government of Karnataka), the ecosystem is designed to bring about a collaborative consortium of partners from industry, academia, and government bodies. These innovations will be channelized to create a societal impact by executing ambitious mission-mode R&D projects in healthcare, education, mobility, infrastructure, agriculture, retail, and cybersecurity that focus on problems unique to India.
Visit link:
Posted in Automation
Comments Off on ARTPARK@IISc and Nokia join forces, demonstrate the power of next-generation telecom networks in business communication and automation at IMC 2022 -…