Category Archives: Automation

The world of corporate hiring has undergone massive changes in the last few years. These changes were triggered by the inefficiency and the high costs incurred by companies that followed traditional hiring methods. Moreover, the risks associated with this method was also quite high. According to a study, 84 per cent companies in India were affected by faulty hiring practices. According to the same survey, a single bad hiring can cost the company over 20 lakhs.

Additionally, the recent skills crisis has put the entire industry in jeopardy, and therefore hiring automation has become a necessity to select the right candidates for the job. End-to-end automation of the recruiting process helps the company introduce uniformity, consistency and increases the efficiency and productivity of the HR team. In this article, we talk about the benefits of HR automation and how it can help make recruiting easier and faster.

Selecting the right candidate

Recruiting software allows managers to create a list of customised requirements and essential qualifications for filling a post. These platforms also help in quick and efficient advertising through templates. The applications of candidates possessing the requisite skills can be filtered out and the hiring manager does not have to take up the cumbersome task of manually scanning every application to select the right candidate.

Initiating assessments

After shortlisting the relevant resumes, these automation tools help in creating standardised and valid assessments based on job requirements. These can include tests measuring cognitive capacities, technical aptitude, and personality attribute that are deemed fit for the role. Post the assessment, a list of scores can be obtained, which can be leveraged by the managers to make informed hiring decisions.

Avoiding bias

One may aspire to be objective in screening and selecting candidates for a job but unconscious biases may creep in. Automating the hiring process helps companies get rid of these prejudices. Some of these software have the option of tracking the diversity and inclusion rates in the company, which helps avoid homogeneity and imposed uniformity in the workforce.

Better management

Candidate relationship management systems help convey information to the candidates via automated emails. It also ensures that applicants remain on board while the hiring goes on by keeping them informed and engaged in the process. This way the company has fewer chances of losing desired candidates due to the tediousness associated with the long processes of recruitment.

Reducing the time taken in hiring

The longer the time taken up in filling up a vacant position, the higher are the costs involved. Moreover, the company incurs additional costs worth the work that would have been done by the employee during that time. Automating processes like screening and assessments can save time and money for the company.

Make advertising more efficient

Such software place advertisements of vacant places in a way that it can reach the target audience and attract quality candidates. It also reduces costs and enhances the brand message of the employer. Advertising automation tools help post job openings that popularises the brand value and gives an estimate of the work culture in the organisation.

Better tracking opportunities

Usually, a large number of candidates apply for a job. Tracking individual applications, in such a scenario, can prove to be burdensome. With the help of applicant tracking systems, recruiters can easily keep a track of all candidates and access their information at any level of the hiring process. In addition to speeding up the process, this system ensures that employers do not lose out on desired candidates due to errors in keeping records.

Bottom line

To conclude, HR automation platforms accrue multiple benefits to companies. Along with this, the applicants are also spared the dreariness associated with long hiring processes and biases in recruitment. It does not take away from the importance of HR professionals but supports them by ridding them of the burden of performing important but boring tasks manually.

Views expressed above are the author's own.

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Explained: How HR Automation platforms make recruiting seamless - Times of India

The editors at Solutions Review have compiled this list to spotlight some of the best B2B marketing automation solutions for companies to consider implementing into their processes.

Manually managing your companys marketing efforts can become a lofty task. Working with a marketing automation platform can improve your companys marketing strategies, conversion rates, and overall success with many channels to monitor and customers to target. However, not every solution has the tools required for specific use cases. For example, if your company is in the Business-to-Business (B2B) market, its marketing needs might look different from brands that focus on other markets.

With that in mind, the editors at Solutions Review have compiled the following list of top-rated B2B marketing automation solutions for companies to consider. Our editors selected these based on each providers Authority Score, a meta-analysis of user sentiment through the webs most trusted business software review sites, and our proprietary five-point inclusion criteria. The list is organized alphabetically.

Description: Acoustics Marketing Cloud platform provides companies across industries with tools and insights for creating personalized campaigns across digital channels backed by AI-powered marketing automation technology. With the Acoustic Campaign product, B2B marketers can utilize lead scoring, segmentation, CRM integrations, customer profile data, web tracking, personalized campaigns, real-time analytics, and other tools to improve engagement and drive revenue.

Description: Acquia is an open-source digital experience platform (DXP) designed to help organizations develop, host, analyze, and communicate with customers via websites and digital applications. The companys multi-marketing automation capabilities can help B2B (and B2B2C) companies use automated workflows to optimize campaigns, nurture leads through funnels, personalize customer experiences, and grow brand awareness. Specific capabilities include campaign customization, customer journey design, lead scoring, contact list management, journey analytics, and more.

Description:ActiveCampaigns Customer Experience Automation (CXA) platform provides email marketing, marketing automation, CRM, and sales automation solutions to clients across industries. Their marketing automation tool offers a simple visual overlay, showing users how automations connect and the features of each campaign. With ActiveCampaigns B2B capabilities, companies can nurture customer relationships, grow their business, and improve how they connect with target audiences throughout the buying journey with personalized messaging across email, text, messaging, chat, and social.

Description:Act-On Software provides marketing solutions that help marketers engage leads at each stage of the customer lifecycle. The companys B2B marketing automation platform can help human resource firms, staffing teams, advertising firms, marketing agencies, consulting firms, and IT service providers with the tools they need to attract, nurture, qualify, and convert leads throughout the customer lifecycle. Some of its capabilities include multi-channel lead generation tools, lead segmentation, automated nurture programs, customized lead scoring, and more.

Description:Marketo Engage, an Adobe product, offers marketing automation capabilities capable of helping B2B brands identify, engage, and streamline customer experiences. Alongside its marketing automation tools, the Marketo Engage suite provides email marketing, revenue attribution, and lead management tools for attracting customers, building automated marketing campaigns, identifying high-value leads, measuring success rates, and more. Companies can also integrate the platform with Adobe Experience Cloud to access additional features like AI-driven analytics and content optimization.

Description: Creatios multi-channel marketing solution is designed to work in tandem with Creatios sales and service-oriented applications, which can all be integrated on a single, unified platform. Its capabilities can help B2B brands orchestrate customer journeys, accelerate lead-to-revenue cycles, streamline the personalization of cross-channel communications, build segmented audiences, manage marketing campaigns across channels, increase conversion rates, and more. Those capabilities include website behavior tracking, personalized email marketing, event management, lead scoring, embedded machine learning, and more.

Description:HubSpot offers a variety of capabilities centered around marketing, sales, and customer service. With HubSpot Marketing Hub, B2B companies can utilize a unified SaaS platform to attract audiences, convert visitors into customers, and develop inbound marketing campaigns. Marketing Hubs automation capabilities include content management, multi-channel customer engagement, account-based marketing, revenue attribution reporting, sales management, landing pages, email marketing, prospect engagement, service-centric modules, and more.

Description:Oracle offers a variety of cloud marketing products, including Bronto, Eloqua, and Responsys. Each option brings its strengths and customization for your marketing needs. For example, Eloqua is the B2B marketing option, and Bronto is for B2C. Eloquas marketing automation capabilities can help users create closed-loop marketing strategies, manage sales activities, nurture leads throughout the buying processes, develop cross-channel campaigns, and more. The platform can also integrate with Oracle CX Marketing tools, including its advertising, commerce, content management, account intelligence, and CDP modules.

Description:Salesforces B2B marketing automation, formerly known as Pardot, can directly integrate with its CRM system to harness all available data and use it to align sales and marketing efforts, generate leads, and maintain engagement. Salesforces Marketing Cloud Account Engagement Capabilities include lead scoring, real-time sales alerts, email marketing campaigns, lead segmentation, multi-channel engagement, account-based marketing, lead management, reporting, predictive analytics, and more. It tends to focus on mid-market and enterprise organizations in B2B, including financial and high-tech markets.

Description:Zoho is a multinational company specializing in software development, cloud computing, and web-based business tools. It offers a collection of products and applications across major business categories. The company provides an all-in-one marketing automation software capable of helping businesses manage their marketing activities across channels, generate leads, and convert them into customers. Specific capabilities include lead management, multi-channel marketing, channel attribution, web behavior marketing, and more. The software can also integrate with Zohos other offerings for expanded functionalities.

William Jepma is an editor, writer, and analyst at Solutions Review who aims to keep readers across industries informed and excited about the newest developments in Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Business Process Management (BPM), and Marketing Automation. You can connect with him on LinkedIn or reach him via email at wjepma@solutionsreview.com.

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10 of the Best B2B Marketing Automation Platforms - Solutions Review

In a series of posts entitled Autonomous Everything, we are exploring automation in all its technological forms, including legacy working assumptions about the term itself. We began the series in June at the bleeding edge of autonomous vehicles, with a description of the first autonomous ship to cross the Atlantic Ocean. But autonomy is not just for the future of the car and personal mobility but includes a broad autonomous future in areas such as Security Automation, Automation and the Workforce, Automation or Augmentation of the workforce, and Automation of AI/Machine Learning Training Models and Industry Standardization.

We now tack to the familiar heavy industrial history of automation and global shipping port terminal operations, which have been the frontline in the tensions between labor, industry, and automation in the U.S. for decades. Port automation is also prescient in the context of the recent pandemic-induced supply chain bottlenecks, which strained port operations globally: Terminal automation has helped to relieve severe supply chain congestion at the Ports of Los Angeles and Long Beach by substantially accelerating cargo handling and expanding terminal capacity while generating longshore work significantly faster than conventional terminals, according to a groundbreaking new study on port automation. (1)

The study analyzes new public and previously unpublished data [and] was commissioned by the Pacific Maritime Association (PMA) during the Covid-19 pandemic when a surge of Asian imports exposed severe shortcomings in the U.S. supply chain. The ports of Los Angeles and Long Beach, which process 40% of containerized imports from Asia, bore the brunt of this influx. They handled record levels of cargo, but backlogs at times more than 100 ships anchored offshore awaiting berths underscored the need for the countrys largest port complex to enhance terminal efficiency and productivity to accommodate growing container volumes and stanch the diversion of cargo to East Coast and Gulf Coast ports. (3) The study analyzed automated terminals at the ports of Los Angeles and Long Beach the two busiest in the nation and found that cargo handling was accelerated, terminal capacity was expanded and longshore work was generated significantly faster there than at conventional terminals. (2)

Over the last 100 years, labor has always operated on the assumption that automation would contribute to the elimination of jobs and the number of (generally unionized) highly skilled, high-wage laborers working in port terminal operations. Authors Dr. Michael Nacht, Professor of Public Policy at the University of California, Berkeley, and former Assistant Secretary of Defense, and Larry Henry, Founder of ContainerTrac, Inc. in the report, Terminal Automation in Southern California, place automation in a broad context based on the attention automation has garnered recently, while also dispelling historical assumptions about the role of automation in job elimination and capturing some of the motivations behind OODA Loop research and analysis on the topic:

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Autonomous Everything: The Workforce and The Future of Automated Port Terminals - OODA Loop

DUBLIN--(BUSINESS WIRE)--The "Logistics Automation Market Research Report by Component (Transportation Management and Warehouse & Storage Management), Verticals, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Logistics Automation Market size was estimated at USD 54.57 billion in 2021, USD 59.91 billion in 2022, and is projected to grow at a CAGR 9.95% to reach USD 96.47 billion by 2027.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Logistics Automation to forecast the revenues and analyze the trends in each of the following sub-markets:

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Logistics Automation Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

6. Logistics Automation Market, by Component

7. Logistics Automation Market, by Verticals

8. Americas Logistics Automation Market

9. Asia-Pacific Logistics Automation Market

10. Europe, Middle East & Africa Logistics Automation Market

11. Competitive Landscape

12. Company Usability Profiles

13. Appendix

Companies Mentioned

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

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Global Logistics Automation Market Report 2022: Need to Ensure Workforce Safety and Reduce Laborious Work Driving Growth - ResearchAndMarkets.com -...

ReportLinker

Global NGS Library Preparation Automation Market to Reach $3,803. 3 Million by 2029. Global Library Preparation Automation Market Industry Overview

New York, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "NGS Library Preparation Automation Market - A Global and Regional Analysis: Focus on Sequencing Type, Product, Application, End User, and Region - Analysis and Forecast, 2022-2029" - https://www.reportlinker.com/p06318644/?utm_source=GNW In 2021, the global NGS library preparation automation market was valued at $1,273.2 million, and it is expected to reach $3,803.3 million by 2029, growing at a CAGR of 14.85% during the forecast period 2022-2029. The growth in the global NGS library preparation automation market is expected to be driven by increasing demand for next-generation sequencing, as there is no human error when the system is fully automated. Additionally, it saves time and money.

Market Lifecycle Stage

Automated NGS library preparation methods can address the issue like chances of human error during library preparation, as they require low amounts of hands-on time, thereby lowering manual error risk.Fully automated NGS library preparation solutions provide good library preparation quality, and at the same time, transform the efficiency of the workflow.

Thus, NGS library preparation automation is extremely beneficial as it helps increase the labs efficiency and generates more consistent results.Automation can help one maintain turnaround time and expand sample workload.

Leading automation companies like Agilent Technologies, Inc., Hamilton Company, and Tecan Trading AG provide various methods for adopting NGS library preparation automation according to ones needs. These fully automated instruments can address the laboratorys throughput needs.

Impact

The presence of major instrument providers of NGS library preparation automation has a major impact on the market. For instance, in March 2021, Integrated DNA Technologies, Inc., a subsidiary of Danaher., acquired Swift Biosciences. Swift Biosciences is the pioneer in NGS library preparation genomics kit development for academic, translational, and clinical research. With the help of this acquisition, Integrated DNA Technologies, Inc. aspires to grow its library preparation automation base and increase its existing product line. Companies such as Agilent Technologies, Inc. partnered with Element Biosciences Inc. in February 2022 and developed new and disruptive DNA sequencing platforms through this partnership. Element Biosciences Inc.s AVITI System was integrated with Agilent Technologies Inc.s SureSelect target enrichment panels, through which this technology can be accessed by a larger number of customers. SureSelect is a DNA library Preparation Automation kit launched by Agilent Technologies, Inc. in 2013.

Impact of COVID-19

In March 2019, the world was hit by the Sars-CoV-2 virus, which led to the entire world shut down and everybody getting tested for the virus.As the amount of testing increased, it became important to increase the pace of testing as well.

To do this, automated library preparation systems were set up at many clinical and diagnostic centers to decrease hands-on time and increase the pace of testing.

Steps performed in this process include extracting RNA sample from the patients, which is then reverse transcribed to cDNA, and then amplified using PCR.However, before the PCR step, a sample library needs to be prepared, which is the most time-consuming step of the entire process.

With the help of instruments like the Hamilton NGS STAR 96, the entire NGS library preparation automation protocol can be performed hands-free on the instrument itself. Therefore, with the emergence of COVID-19, the popularity of NGS library preparation automation systems has increased.

Market Segmentation:Segmentation 1: by Sequencing Type DNA Sequencing RNA Sequencing

The global NGS library preparation automation market in the sequencing segment is expected to be dominated by DNA sequencing technology. This is due to the expansion of therapeutic and diagnostic uses for DNA sequencing as well as the decreasing cost of genomic sequencing globally.

Segmentation 2: by Product Library Preparation Automated Kits and Consumables Automated Instruments

The global NGS library preparation automation market is dominated by library preparation automated kits and consumables. This is owing to the availability of several library preparation kit types, falling sequencing costs, expanding use of NGS in a variety of industries, including drug development, diagnostics, and animal research, as well as the availability of research grants.

Segmentation 3: by Application Research Diagnostics

The research application dominated the market. The growth of the research segment is primarily attributed to the identification of novel oncology targets, a growing understanding of cancer, and the expanding demand for the development of novel therapeutic approaches in oncology.

Segmentation 4: by End User Pharmaceutical and Biotechnology Companies Clinical and Diagnostic Laboratories Academic and Research Institutions Other End Users (Reference laboratories, Sequencing Laboratories, and Others)

Academic and research institutions dominated the end user segment in the market. The growth of this segment is primarily attributed to the growth in financing for genomic R&D and the persistent rise in demand for affordable NGS tools and supplies.

Segmentation 5: by Region North America Europe Asia-Pacific Latin America Rest-of-the-World

In 2021, the North America region dominated the global market, and it is expected to hold its dominance throughout the forecast period 2022-2029. However, the Asia-Pacific (APAC) region, constituting several emerging economies, is expected to register the highest CAGR of 15.87% during the forecast period 2022-2029.

Recent Developments in Global NGS Library Preparation Automation Market

In March 2022, Beckman Coulter, Inc. launched CellMekSPS, which is a fully automated sample preparation system that is used for clinical flow cytometry. This fully automated system offers an on-demand multitude of sample types processing that can help laboratories expand testing capabilities. In June 2022, Bio-Rad Laboratories, Inc. launched its SEQuoia Express Stranded RNA Library Prep Kit at the AGBT 2022. This kit is highly efficient for optimal RNA Sequencing Library Preparation and can be used for comprehensive transcriptome profiling. In April 2022, OPENTRONS launched four new OT-2 workstations for all types of applications, including NGS, PCR, and protein purification. Its NGS workstation automates multiple steps of the pre-sequencing, including library preparations. This expansion is expected to increase the accessibility of automation products to customers. In June 2022, PerkinElmer, Inc. launched its BioQule NGS System, which was an automated NGS solution for library preparation for up to eight samples. BioQule NGS System enabled researchers to produce high-quality NGS libraries through its optical quantification and robust liquid handling technology.

Demand Drivers and Limitations

Following are the demand drivers for the global NGS library preparation automation market: Rising Demand for Next-Generation Sequencing (NGS) Fully Automated Systems Help in Avoiding Human Error Automated Instruments Can Save Money Library Preparation is the Most Time-Consuming Step and Automation is Promising a Significant Reduction in Time

The market is expected to face some limitations too due to the following challenges: Complex Handling of NGS Library Preparation Automation Systems High Initial Cost of NGS Library Preparation Automation Instruments

How can this report add value to an organization?

Product/Innovation Strategy: The report considers both the instruments and kits-based companies.Most companies provide kits and consumables compatible with instruments of the key companies providing instruments.

The compatibility of different kits with different instruments has also been discussed in detail.

Growth/Marketing Strategy: The key components in NGS library preparation automation are the instrument and kit manufacturers.The cost of instruments is very high, even though the technologys market share is very small.

Thus, the main market revenue is generated from the instruments. The entire workflow is well explained in the report, along with pricing analysis considering the key companies involved in the production.

Competitive Strategy: The key players in the global NGS library preparation automation market have been analyzed and profiled in the study, consisting of both kits and consumables-based and instrument-based companies, as well as a few emerging companies.Moreover, a detailed competitive benchmarking of the players operating in the global NGS library preparation automation market has been done to help the reader understand how players stack against each other, presenting a clear market landscape.

Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts, analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are: Agilent Technologies, Inc. Aurora Biomed Inc. BGI Group Bio-Rad Laboratories, Inc. Danaher. Endress+Hauser Group Services AG Eppendorf SE F. Hoffmann-La Roche Ltd Hamilton Company. Hologic Inc. Illumina, Inc. New England Biolabs OPENTRONS Oxford Nanopore Technologies plc. PerkinElmer Inc. Promega Corporation QIAGEN N.V. Takara Bio Inc. Tecan Trading AG Thermo Fisher Scientific, Inc.

Countries Covered North America U.S. Canada Europe Germany Italy France U.K. Spain Rest-of-Europe Asia-Pacific China Japan India Australia South Korea Rest-of-Asia-Pacific Latin America Brazil Mexico Rest-of-Latin America Rest-of-the-World (RoW)Read the full report: https://www.reportlinker.com/p06318644/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Welcome to Automation Worlds Technology Matters.Im David Greenfield, Director of Content, and today Im going to share some insights we gathered recently from research into industrys use of Big Data collection and analytics technologies.

Though the name Big Data sounds really trendy, its really just the name thats new. Companies have been collecting time series data from assets for decades now. And while plant managers and maintenance workers have, of course, been using this data for operations improvements, they were rarely, if ever, analyzed with wide business transformation in mind. And thats what Big Data is really all aboutcapturing increasing amounts of data by deploying more sensors and other data gathering technologies andmost importantlyanalyzing the data for specific business improvement insightsnot just capturing it to let it sit there for some possible use to be identified later.

So for this research project, in which we surveyed both end users and system integrators, we focused on the use of a variety of data collection and analysis technologies, ranging from data acquisition systems, historians, and computerized maintenance management systems to edge and cloud computing, and advanced analytics software.

So heres a little sampling of what we found. While most end user respondents86 percentindicate that they collect data from equipment and devices specifically for production improvement initiatives, most only started doing this within the past five years. Only 27 percent of respondents indicate that theyve been collecting data for such purposes for more than six years.

An interesting point among the end user responses is that 98 percent plan to gather even more data from their production systems in the next two years. But only 30 percent plan to do so for specific operational improvements.

Now, this could indicate that, of those who have been collecting and analyzing data for a few years, many may have already discovered numerous ways of improving their production operations and could be looking to leverage the data they collect now for other, more strategic business purposes.

Another interesting finding in the survey was that end users and integrators agreed on the the top three business drivers for data collection and analysis. Those drivers are: the improvement of specific line or equipment operations, improving maintenance operations, and being part of the companys overall Industry 4.0 or digital transformation initiative.

With regard to specific technologies used for Big Data collection and analysis, we found it interesting, though not too surprising, that most manufacturers still rely on data collection and analysis technologies that existed long before the development of the technologies receiving most of the Big Data attention today.

Thats not to say newer collection and analysis technologies are going unusedthats definitely not the case. Edge and cloud technologies, for example, are being used widely across industry. Even so, there remains a lot of headroom left for their growth. Only 29 percent of system integrator clients use hybrid cloud and edge technology and just 14 percent use stand-alone cloud systems.

According to the survey results, most manufacturers rely on three principal methods of data collection and analysisand one of those is handwritten data collection. System integrator respondents say that 57% of their clients still rely on handwritten data collection thats then entered into spreadsheet software. But only 29% of end users say they use handwritten methods of data collection. Even if you split the difference between integrator and end user responses here, thats still a lot of companies relying on handwritten data collection and that really cant support a true Big Data initiative.

The other two principal methods used are historians and computerized maintenance management systemsboth of which have long histories of use across industry.

The results of this study will be featured in our October 2022 issue, so keep an eye out for the full report to be published online and in print.

So I hope you enjoyed this Technology Matters episode. Keeping watching this space for regular updates on advances in and applications of industrial automation technology.

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The State of Big Data Collection and Analysis - Automation World

New backing follows a surge in customer demand and triple revenue growth for 1H 2022

1,000+ companies and close to $1B annualized payment volume (TPV) flow through the Mesh platform

NEW YORK, Sept. 7, 2022 /PRNewswire/ --Mesh Payments, the insight-driven finance automation platform, today announced $60 million in new financing, bringing the total amount raised to $123 million. Alpha Wave leads the equity round with participation from existing investors, including Tiger Global, TLV Partners, Entre Capital, and Meron Capital. The funding will enable Mesh to expand its GTM efforts and further accelerate product innovation as it captures a growing share of the $100T+ B2B payments market.

Mesh brings efficiencies and innovation to the entire CFO tech stack so companies can operate more nimbly against changing market conditions. The 1,000 mid-market companies using Mesh today are 5X more efficient, in aggregate, saving their finance teams, on average, three days a month. Mesh powers some of the world's fastest-growing brands, including Monday.com, Hippo Insurance, Sezzle, Riskified, and Snyk.

Amidst a surge in customer demand and a dramatic shift from companies hyper-focusing on growth to cutting spend and costs, Mesh continues to enhance its platform to help finance teams automate, control, and optimize their corporate spend from travel and expense (T&E) to SaaS subscriptions. Powerful integrations, including the category's most robust integration with NetSuite, bring additional efficiencies and reduce time spent on manual data entry and work.

"Since day one, Mesh has focused on giving CFOs the automation and insights they need tomore effectively manage their day-to-day operations," said Oded Zehavi, co-founder & CEO, Mesh Payments."And as companies operationalize distributed and remote workforce models, holistic visibility over company spend is even more critical. The confidence in Mesh from investors and customers, even in a turbulent market, reinforces that our finance automation platform is what companies want to help them navigate a cost-cutting environment.

"The best CFOs are looking to get the most out of every dollar and hour, particularly during times of economic turbulence. With its strategic partnerships and best-in-class finance automation platform, Mesh Payment delivers exceptional value to its customers," said Rick Gerson, co-founder chairman, and chief investment officer, Alpha Wave Global. "Mesh Payments represents the type of innovative, customer-focused company that we look for, that gives customers a clear and lasting benefit. The number of companies that are open to finding new and better ways to spend less and save more is pretty large and the Mesh team brings a best-in-class solution that is continually improving."

Mesh makes legacy corporate cards obsolete with its insight-driven automation platform that gives finance managers more granular control and leverage over their corporate spend. A focus on contextual payment models including SaaS subscription management and other models to innovations including the industry's only numberless VISA physical card that syncs with virtual cards for added flexibility and control are key differentiators that appeal to busy finance teams. Mesh continues to disrupt the CFO tech stack by bringing innovation and automation to every corner of finance operations to free up finance teams to focus on better managing day-to-day financial operations

Earlier this year, Mesh announced a strategic partnership with global payroll provider Papaya Global to remove friction from employee expense management. Mesh is set to announce additional strategic partnerships with global payments infrastructure providers in the near future.

For more information, visitwww.meshpayments.com or follow on LinkedIn.

SOURCE Mesh Payments

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Mesh Payments Announces $60 Million in New Funding to Accelerate Automation and Control for Finance Teams - PR Newswire

United States, Rockville MD, Sept. 08, 2022 (GLOBE NEWSWIRE) -- The global self-powered sensors market is worth US$ 560.3 million and is forecasted to surge ahead at a CAGR of 14.6% through 2032, as per a new report by Fact.MR, a market research and competitive intelligence provider. The market is backed to grow along with the robust growth of advanced technological accessories.

Self-powered sensors are used in diverse end-use industries that continuously gather data and send it to a cloud-based dashboard. Artificial intelligence (AI) software always looks for patterns and potential to be used with various technological accessories. With practical knowledge gathered by the software, it quickly puts the analysis into practice, which gets fed back into the process, thus making operations swift without the need for any external energy source.

The use of self-powered systems have increased significantly in agriculture for monitoring and optimizing crops. In 2021, valuation of the self-powered sensor agriculture sector stood at US$ 41.9 million. Additionally, self-powered sensors are also a crucial piece of equipment in wearable & healthcare devices.

A point to be noted is that market penetration of self-powered sensors is directly proportional to advancements in end-use industries. It is expected that technological advancements in several end-use sectors will fuel market growth over the coming years.

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Key Takeaways from Market Study

Technological advancements in agriculture & healthcare sectors will drive the growth of the market for self-powered sensors, says a Fact.MR analyst.

Market Development

The business environment in the market for self-powered sensors continues to reflect the boom within the industry despite difficult economic conditions. To establish a firm position in the market, key manufacturers are resorting to strategies such as acquisitions and collaborations.

Moreover, market players are striving to expand their customer base by targeting different end users and geographies. Additionally, market players are focusing on expanding their product offerings through R&D investments to deliver advanced and smart self-powered sensor products.

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Category-wise Insights

Integration of technology in self-powered sensors has witnessed significant growth at14.6%CAGR and has reached a market valuation ofUS$ 560.3 millionin 2022.

These two types of power sources have many limitations. The vibration power source (piezoelectric energy harvesting) has certain limits that can stop the device from gaining power. It is very easy to gain power in self-powered sensors by using the vibration power source. As such, the vibration power source is widely used in self-powered sensors. These self-powered sensors have increased in prominence in recent years, reaching a market valuation ofUS$ 207 millionat the end of 2021.

Competitive Landscape

Prominent self-powered sensor manufacturers are 8power, Aeinnova, Ambetronics Engineers Private Limited, Bigbelly Solar LLC, Clarity Movement Co., Edyza Sensors, EnOcean, Everactive, Fludia, Intertraffic, Kando, Lightricity Ltd, MesoScribe Technologies, ONIO AS, Parker Hannifin Corp, Rentricity, Sensor-Works, and Wiliot.

Global manufacturers of self-powered sensors are trying to adopt newer technologies to stay on the top of the competition. Key manufacturers are focusing on inventing new solutions for vehicles with wireless charging, enhancement of safety & comfort, and creativity in their products.

Strategic alliances, product launches, partnership agreements, capacity expansion, and other related strategies are being resorted to by industry participants.

In January 2022,ROHM Co Ltdannounced the development of an automotive wireless charging solution integrated with NFC communication. It comes with key features such as Foreign Object Detection (FOD), which will help detect metallic objects and NFC will enable infotainment operations via device authentication.

Fact.MR has provided detailed information about the price points of key manufacturers of self-powered sensors positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

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Segmentation of Self-Powered Sensors Market Research

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global self-powered sensors market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of sensor type (temperature sensors, humidity / moisture sensors, pressure sensor motion & position sensors, light sensors, others), power source (vibrations (piezoelectric energy harvesting), temperature gradients (thermoelectric energy harvesting), radio waves (RF energy harvesting)), and end use (aerospace & defense, agriculture, automotive & transportation, building automation, healthcare devices, industrial devices, retail & e-Commerce, wearable devices, others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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Rapidly Increasing Industrial Automation to Fuel Demand for Self-Powered Sensors: Fact.MR Report - GlobeNewswire

DUBLIN--(BUSINESS WIRE)--The "Global Automation Testing Market Outlook to 2032" report has been added to ResearchAndMarkets.com's offering.

This report on Automation Testing offers a global industry analysis for 2015-2021 and opportunity assessment for 2022-2032. The study offers a comprehensive assessment of the most important market dynamics.

After conducting thorough research on the historical and current growth parameters, the growth prospects of the market are obtained with maximum precision.

Companies Mentioned

Market Segmentation

The global Automation Testing Market is segmented in detail to cover every aspect of the market and present a complete source of market intelligence to readers.

Automation Testing by Component

Automation Testing by Endpoint Interface

Automation Testing by Vertical

Automation Testing by Organization Size

Automation Testing by Region

For more information about this report visit https://www.researchandmarkets.com/r/op2fhw

See the rest here:

Insights on the Automation Testing Global Market to 2032 - by Component, Endpoint Interface, Vertical, Organization Size and Region -...

A spokesman for a large Tier 1 supplier who asked not to be identified given the sensitive nature of the topic said that all of the Detroit 3 are either moving to automate some buying procedures, or discussing such a move.

He said his own company is also moving toward automated processes "whenever possible."

"We are focused on automation of some repetitive steps in our sourcing process, where customers extend a program life and we, in turn, need to extend the contractual obligation to our supply base," the spokesman said.

The Tier 1 supplier is also developing a tool for members of its purchasing team to ask questions, find resources online or launch an IT request for access to data, he said.

The initial moves may be small, but they appear to be the beginning of a trend.

Volkswagen's Von Seelen said it is a case where the auto industry is catching up to other sectors.

"Other industries are more advanced," she noted. "We need to be more transparent from the supply base, but also from the automaker side."

Link:

Automakers and suppliers explore automated purchasing - Automotive News