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Category Archives: Automation
Global Automated Parking System Market Report 2022: Increasing Number of Vehicles and Consequently Growing Demand for Sustainable Parking Solutions…
Posted: August 6, 2022 at 8:10 pm
DUBLIN--(BUSINESS WIRE)--The "Automated Parking System Market Forecast to 2028 - COVID-19 Impact and Global Analysis" report has been added to ResearchAndMarkets.com's offering.
The global automated parking system market is expected to grow from US$ 1,411.59 million in 2021 to US$ 3,543.77 million by 2028; it is estimated to grow at a CAGR of 14.1% from 2021 to 2028.
The need for automated parking systems has increased significantly in the past a few years owing to the increasing number of vehicles and consequently growing demand for sustainable parking solutions. According to the World Economic Forum, the number of cars in the world is estimated reach 2 billion mark by 2040.
Industry experts anticipate most of this growth to happen in emerging markets such as China and India, owing to the rapid increase in population. With the surge in number of vehicles, people are facing issues such as traffic congestion and parking space insufficiency. Fully automated parking systems are capable of parking and retrieving a car automatically. In July 2021, Westfalia Technologies, Inc. (Westfalia) announced the launch of Westfalia Parking App, an all-in-one consumer parking solution that will improve efficiency, safety, and convenience in parking garages across the world, including US, UAE, and Denmark.
Reasons to Buy
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Automated Parking System Market Landscape
5. Automated Parking System Market - Key Market Dynamics
6. Automated Parking System Market - Global Analysis
7. Automated Parking System Market Analysis - By Component
8. Automated Parking System Market - By Automation Level
9. Automated Parking System Market - By Platform
10. Automated Parking System Market - By End-User
11. Automated Parking System Market - Geographic Analysis
12. Impact of COVID-19 Pandemic
13. Automated Parking System Market-Industry Landscape
14. Company Profiles
15. Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/fx0vx3
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6 Actionable Ways Of Using Automated Tools To Grow Your Business – HostReview.com
Posted: at 8:10 pm
When done in an intelligent way, business process automation allows companies to achieve up to 400% ROI. In order to unlock all the benefits of BPA, you have to move step by step, automating your routines gradually and keeping track of your performance as well.
Thats why in this article, we suggest reviewing some simple yet effective ways to automate core business processes using intuitive and affordable tools.
With the abundance of all-in-one marketing automation software that is on the market, marketing is one of the easiest areas to automate business. You can optimize and streamline numerous tasks in your work plan, including content marketing, mailing, lead generation, customer support, and other laborious processes.
Automated tools save time and effort for marketers, allowing them to plan, track, perform, suggest, validate and repeat marketing campaigns in an instant.
Applications to choose from:
Trick! Prioritize. Choose the marketing direction that takes you the most time and effort and automate it first.
These are the core activities of B2C companies and simultaneously, the sources of the most routine and repetitive tasks. Using specialized sales automation software, you can save a lot of time, protecting the business from crucial mistakes, and making winning data-driven decisions.
Applications to choose from:
Trick! Rely on AI. The sales, procurement, and supply chain management processes generate a lot of real-time data you have to take into account and analyze. So, place the highest bet on the apps powered by artificial intelligence in order to manage your data in a more effective manner.
Your customer support is the top business process to automate and reduce operational costs. According to statistics, 86% of customers have to either turn to customer support several times, or repeat their questions to multiple agents to get an answer. Eliminating time and effort waste with the help of AI can be a better strategy.
Applications to choose from:
Trick! Embed conversational AI technologies. Conversational AI is one of the most impactful tech trends, according to Gartner. Thus, it makes sense to embed it as soon as possible, and encourage your customers to interact with your brand using both voice and text.
Finances are the business processes where the most mistakes are made. So, when automating them, it is necessary to ensure real-time data gathering and integrations to always have a complete, and most importantly, accurate picture.
Applications to choose from:
Trick! Extract the insights. Reporting alone isnt enough to grow your business even with the help of automation. While automating finances actually saves a lot of time and allows your staff to avoid costly mistakes, gathering data-driven insights from the reports is even more valuable, so make sure to do it. Microsoft Power BI, for example, is perfectly tailored for any insights extraction.
Managing projects manually can be overwhelming, and most of the tasks still need human control and participation. However, the applications below can help project managers relieve some headaches, by adding transparency and automating their routine work.
Applications to choose from:
Trick! Choose wisely. Not all project management tools are equally effective. While being powered by the same idea, Jira, for instance, is better for large projects, while Trello can even be tailored to personal task management. In contrast, Tracklify is an absolutely free tool which is an essential advantage for growing businesses. So, test some of them to find the one that better suits your project and is more intuitive for your team.
While team collaboration is more about personal interaction, there are still some tasks that can be automated with the help of the tools listed below:
Trick! Integrate a team collaboration app with a project management app. These tools create a perfect combination for ensuring that your team is always updated and can instantly discuss an issue allowing you to stay on the same page.
Not all business processes can be automated. There are still tasks that require a personal touch and human creativity. But as for the routine issues that mostly waste the time of you and your team, automating them is a direct way to increase productivity and avoid critical mistakes. Choose business processes you need to automate foremost right now and proceed with the corresponding solution to do it as effectively as possible!
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Rising Importance of Customer Experience Integral to the Global Marketing Automation Software Market Grow – Benzinga
Posted: at 8:10 pm
"MARKETING AUTOMATION SOFTWARE"
According to the projections put forth by Inkwood Research, the Global Marketing Automation Software Market is anticipated to register a CAGR of 10.23% in terms of revenue during the forecasting years of 2022-2030.
Browse 65 Market Data Tables and 53 Figures spread over 245 Pages, along with an in-depth TOC on the Global Marketing Automation Software Market Forecast 2022-2030.
VIEW TABLE OF CONTENT LINK-https://www.inkwoodresearch.com/reports/marketing-automation-software-market/#table-of-contents
Marketing automation software helps automate marketing operations. Moreover, it minimizes the number of repetitive tasks associated with conventional marketing processes, in addition to improving their overall efficiency. Marketing automation software also assists organizations in generating more revenue as well as a better ROI.
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Increasing Importance of Customer Experience to Propel Market Growth
Marketing automation software analyzes organization-wide marketing data on the basis of statistical alerts and facts in order to make investment-related decisions for marketing. The software also integrates resources for the provision of complete visibility of marketing efforts, related expenses, and over-the-period effectiveness. Organizations recognize the essence of customer orientation in online marketing, thus encouraging them to make substantial investments in marketing automation software. Furthermore, it has also become crucial for businesses to manage digital customer experience effectively to ensure retaining existing customers while attracting new crowds.
BFSI: Fastest-Growing Industry Vertical
Digitalization in baking and insurance is one of the key contributors to overall market growth. Given the digital times, the buyer is well-informed about services and products. Also, banking and other financial institutes like non-banking financial companies and insurance companies are among the major end-users of the marketing automation software.
In addition, the rising competition among financial institutes, increasing demand for better services, and low product differentiation drive the marketing automation software market in the banking and insurance industry. This is because marketing automation is a critical tool for financial institutes to evaluate the efficiency of marketing tasks and workflow, better their relationship with customers, and maximize their return on investment (ROI).
North America: Dominant Region in terms of Revenue Share
The surging demand for digital marketing, the rapid adoption of automation tools in the retail sector, and advancements in cloud computing propel market growth in North America. Also, the rising utilization of social media marketing, lead targeting techniques, search engine optimization (SEO), conversion rate optimization (CRO), etc., contribute to market growth.
The market has the presence of several global players. There is increasing prioritization of added functionalities, promotional activities, and competitive prices to differentiate among offerings. Such aspects boost market rivalry. Salesforce.com Inc, Sap SE, International Business Machines Corporation, Adobe Inc, Oracle Corporation, etc., are among the eminent companies in the market.
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Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.
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How automated hiring systems could be contributing to the worker shortage – WUWM
Posted: at 8:10 pm
Its no secret that theres a worker shortage in the United States right now. As weve gone through and are trying to recover from the pandemic, some employees are returning to the office while others are staying at home or perhaps quitting.
Many factors play into this Great Resignation, but one thing you may not be considering is the use of automated hiring systems. Think Indeed, Zip Recruiter, or Monster. These platforms use algorithms and screening tools to sort and match job seekers with employers automatically but how effective are these platforms?
Noelle Chesley is an associate professor of sociology at UW-Milwaukee, and her research looks into the intersection of technology, work, and family. She explains how automated hiring systems can potentially contribute to the worker shortage.
Just as bias is introduced into hiring through humans, the use of human beings and human decision-makers, we also know we can build bias into automated systems, says Chelsey.
Chelsey elaborates that job hiring systems can match candidates to job ads, select individuals from applicant pools, and even rank candidates. In addition, the customized algorithms for these systems curates bias in these processes.
There's actually some research out there that has found that women are seeing certain types of job ads less than men... And you can imagine that if we're automatically filtering out women from even seeing a job ad, you know, that that's going to impact an organization's access to potentially qualified applicants," says Chelsey.
Chelsey clarifies that employers use a wide variety of systems and automation tools to seek out candidates. Due to this variety, it proves nearly impossible to see how theyre using it. However, researchers can understand the scale to which they are being utilized. With the number of organizations adopting these automated hiring processes, when biased or problematic algorithms are created, they spread across the economy instantly.
You might be someone who has a gap in your employment of more than six months. Something like 48% of employers are automatically filtering out those people from the applicant pool before a human will ever even look at them," says Chelsey.
Chelsey says public opinion research has proven that two-thirds of Americans find automated hiring processes unacceptable. However, there is a population that favors online applications to human interactions.
So, if a job seeker has had an experience with discrimination in the past, maybe with a human agent, some of those job seekers appear to want automation in that kind of a situation," she notes.
Chelsey advises those navigating the job market to learn how to utilize these systems to get applications through the algorithms. She suggests using the language written in the job posting in the application, as many organizations use filter systems that seek out that specific phrasing.
I think everybody, especially now with a pandemic, is having to learn how to present themselves more on video, how to be super succinct and clear in online communications, and all of those kinds of skills are going to translate across to some of the hiring tools that we're talking about, says Chelsey.
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8 Automation Strategies to Optimize End-to-End Business Processes – Robotics and Automation News
Posted: August 4, 2022 at 2:43 pm
Are you looking for ways to optimize your end-to-end business processes? If so, youre in luck! This blog post will discuss seven automation strategies that can help streamline your operations. By automating these processes, youll be able to improve efficiency and reduce costs.
Business automation is the technology-enabled automation of complex business processes. It can streamline a companys operations and reduce the need for manual labor, thereby improving efficiency and lowering costs.
It can automate various tasks, including data entry, product order fulfillment, invoicing, and customer service. In recent years, business automation software has become increasingly prevalent as companies strive to improve their bottom line.
While business automation processes can provide many benefits, it is essential to note that it is not a silver bullet; certain risks are associated with its implementation.
For instance, if not properly managed, it can lead to disruptions in business operations and cause employee dissatisfaction. Nonetheless, when used correctly, it can be a powerful tool for organizational efficiency.
Many different types of business automation tools are available on the market today. Here are ten of the most popular:
1) Audio to Text Automation Tools
Audio-to-text automation tools have become increasingly popular in recent years, as they offer a convenient way to transcribe speech into written text. These tools use powerful speech recognition algorithms to convert spoken words into text and are constantly improving in accuracy.
Additionally, they can be used to transcribe meetings, lectures, and other audio recordings. While audio-to-text automation tools can be beneficial, they are not perfect. Some common errors include mis-recognizing words, incorrectly punctuating dialogue, and mis-transcribing numbers and symbols.
For these reasons, it is vital to proofread any transcript generated by an automated tool. However, audio-to-text automation tools can save a lot of time and effort, and they are essential for anyone who needs to transcribe speech into written text.
Many audio-to-text automation tools are available on the market today. One of the most popular options is happyscribe. You can convert audio to text with Happy Scribe six times faster than in real-time, offering high accuracy.
Happyscribe offers many features that make it an appealing option for those looking to automate their audio transcription process. For example, it provides several language options, making it a versatile tool for those whose audio files are in different languages.
2) Task Management Software
This software helps you manage and automate tasks by providing a central place to track all your to-dos. Task management software is essential for anyone who needs help staying organized and keeping track of their to-dos. Individuals or teams can use it, and it offers many features that make it a versatile tool for task management.
Trello is one of the most popular options for task management software. It is a flexible tool that can be used for various purposes, including project management, event planning, and personal organization.
Trello offers many features that make it an appealing option for those looking for a task management tool, such as creating custom boards, adding labels and due dates to tasks, and attaching files to tasks.
Asana is another popular option for task management software. It offers similar features to Trello, including creating custom boards, adding labels and due dates to tasks, and attaching files to tasks.
Asana also offers several features that make it unique, such as the ability to create subtasks, set dependencies between tasks, and track the progress of projects.
3) Lead Generation Software
This software automatically helps you generate leads by scanning the internet for potential customers and contacting them with personalized messages. Popular lead generation software includes HubSpot and Pardot.
HubSpot offers a number of features that make it an appealing option for those looking for a lead generation tool. For example, it provides the ability to create custom contact lists, send personalized emails, and track the performance of your campaigns.
Pardot is another popular option for lead generation software. It offers similar features to HubSpot, such as the ability to create custom contact lists, send personalized emails, and track the performance of your campaigns.
However, Pardot also offers a number of unique features, such as the ability to segment your leads by interests and behavior and create dynamic content that changes based on what you know about your leads.
4) Customer Relationship Management (CRM) Software
This software helps you manage customer relationships by providing a central place to track all customer data. Salesforce is a popular CRM software with several features that make it an appealing option for those looking for a CRM tool.
For example, it offers the ability to track customer data, create custom reports, and manage customer relationships.
Zoho CRM is another popular CRM software that offers similar features to Salesforce. However, Zoho CRM also offers unique features, such as creating custom fields, workflows, and dashboards.
5) Marketing Automation Software
This software helps you automate your marketing tasks by providing you with a central place to track your marketing campaigns. Marketo is a popular marketing automation software with several features that make it an appealing option for those looking for a marketing automation tool.
For example, it offers the ability to create custom campaigns, track the performance of your campaigns, and automate email marketing.
HubSpot Marketing is another popular marketing automation software that offers similar features to Marketo. However, HubSpot Marketing also provides the ability to create landing pages, A/B test your campaigns, and use artificial intelligence to optimize your campaigns.
6) Social Media Management Software
This software helps you manage your social media accounts by providing a central place to track your social media activity. Hootsuite is a popular social media management software with several features that make it an appealing option for those looking for a social media management tool.
For example, it offers the ability to track your social media activity, schedule posts, and measure the performance of your campaigns.
Sprout Social is another popular social media management software that offers similar features to Hootsuite. However, Sprout Social also provides features, such as creating custom reports and using artificial intelligence to help you manage your social media accounts.
7) Content Management Software
This type of software helps you manage your website content by providing you with a central place to track all of your content. WordPress is a popular content management software with several features that make it an appealing option for those looking for a content management tool.
For example, it offers the ability to create custom posts, track the performance of your website, and manage your website content.
Drupal is another popular content management software that offers similar features to WordPress. However, Drupal also offers unique features, such as creating custom modules and using artificial intelligence to help you manage your website content.
Content Management Software helps you keep track of all your digital assets in one place while still providing flexibility with editing tools and multiple user permissions. Approval workflows ensure smooth collaboration between team members during revision history.
7) Data Management Software
This type of software helps you manage your companys data by providing you with a central place to track all of your data. Popular data management software includes MongoDB and Cassandra.
MongoDB is a popular data management software that offers a number of features that make it an appealing option for those looking for a data management tool. For example, it offers the ability to create custom databases, track the performance of your data, and manage your companys data.
Cassandra is another popular data management software that offers similar features to MongoDB. However, Cassandra also offers a number of unique features, such as the ability to create custom columns and use artificial intelligence to help you manage your companys data.
8) Financial Management Software
This type of software helps you manage your companys finances by providing you with a central place to track your financial data. Popular financial management software includes QuickBooks and Xero.
QuickBooks is a popular financial management software with several features that make it an appealing option for those looking for a financial management tool. For example, it offers the ability to create custom reports, track the performance of your companys finances, and manage your companys finances.
Xero is another popular financial management software that offers similar features to QuickBooks. However, Xero also offers many unique features, such as creating custom invoices and using artificial intelligence to help you manage your companys finances.
As you can see, many different types of business automation tools are available on the market today. Each tool has its unique set of features and benefits that can help your business become more efficient and productive.
In conclusion, there are many ways to automate your business processes to optimize efficiency. Using the tools weve outlined in this blog post, you can streamline your operations and improve your bottom line.
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What are the Benefits of Semi-Automation in Materials Testing? – AZoM
Posted: at 2:43 pm
Companies eagerly anticipate the introduction of automation to make specific developments in their business, such as reducing costs and creating a more efficient and safer work environment.
Automation can be applied to a number of different processes, from the test labs to the production line. Fully automated materials testing systems are available for testing hundreds of specimens without the need for an operator and can be run overnight.
These systems, however, are not always the best solution for all test labs. Many labs lack the testing volume to make a sound return on investment of a fully automated system. Or, rather than testing material coupons typically associated with an automated system, they may be conducting component testing. For these customers, a semi-automated testing system may be a better option for both their application and budget.
Introducing asemi-automated XY stageto a testing system offers numerous benefits to the lab:
AT2 Automated XY Stage Throughput & EfficiencyPlay
Video Credit:Instron - Europe
Throughput is one of the key metrics in a test lab. The data the lab generates is critical to the overall success of the company; the results may be implemented in product development projects or to verify product quality as it exits the production line. Delays in testing may have detrimental effects on important company targets, such as time-to-market for a new product or distribution deadlines.
The time it takes to run an actual test is fixed, whether the system is automated or manual. Test time is often controlled by international standards such as ISO, ASTM, and EN standards, or by internal company test procedures.
The part of the process that can cause a significant increase in the overall test time are the steps that occur between test-to-test.
First, the tested specimen must be removed, and it should be checked that no remnants are left behind. Then the operator must set up the next specimen carefully, making sure it is correctly positioned and aligned. This process will take time, which can varydepending on how complex the test is as well as the users experience.
These are the areas the time between tests - where a semi-automated system can make a significant contribution to lab throughput.
One example of how an XY stage can improve throughput is to assess the data from benchmark testing performed on springs used in a surgical tool. Fifty specimens were manually run, which took nearly 16 minutes.
The operator-led tests were run one immediately after another, with no breaks or diversions. Typically, an operator who is running tests manually has regular interruptions, such as breaks, meetings, or conversations with colleagues, where testing is put on hold.
Image Credit:Instron - Europe
Using the semi-automated XY system, those same fifty tests only took around 8.5 minutes. The XY system made it possible to test 46% more specimens in the same amount of time. This extra time could benefit several areas of the entire process such as time-to-market, hitting engineering project milestones, or releasing a product for distribution.
Image Credit:Instron - Europe
Customers using an XY system can optimize throughput even further by having several test fixtures available.
While one batch of specimens is being tested, the operator is able to prepare the next batch by placing all the specimens to be tested into the fixture. This reduces downtime between tests significantly, as the operator can set up a new sample on the XY system quickly and then immediately press start.
Backlogs can also be worked through more efficiently, providing faster turnaround on data that is required for R&D projects and on production lines.
While the XY stage enhances lab throughput, it also improves efficiency by giving the operator more time to perform other tasks. The use of automation means the operator is free to walk away from the system and conduct other value-added tasks, such as completion of test reports, data analysis, or measuring and preparing the next batch of specimens for testing.
The benchmark data from the spring tests demonstrates that in addition to boosting the lab throughput by 46% during an 8-hour shift, the operator will theoretically have an additional 3.5 hours of time that would otherwise be consumed when manually running tests. These 3.5 hours is time that can be used much more efficiently.
There are a number of factors that have an impact on repeatability. Specimen placement is crucial: if the specimen is not properly aligned or is at an angle compared with the loading line, this will cause variations in the results.
While there are tools available to aid specimen alignment, operator experience is still crucial in this area, and time and care still must be taken to prepare a specimen. The XY stage has the capacity to position test components or specimens with enhanced repeatability.
Image Credit:Instron - Europe
When specimens are inserted and manually aligned, the operators influence on the test results can be particularly noticeable when multiple operators with different levels of experience are running tests on several systems or even across multiple labs. This is compounded when testing numerous points on small components.
The integrated chips displayed in the image above are extremely small. Ensuring that these parts are properly tested in the center and at the same 4 points around the edge can be a challenge when manually preparing the specimens.
An XY system with a well-designed fixture can circumvent such challenges relative to specimen placement and consistency of test locations. An XY stage supplies repeatable test locations from sample to sample, ensuring that the generated data is comparable.
According to OSHA evaluations, companies in the U.S. pay around $1 billion in direct worker compensation each week, which does not include additional costs related to disturbances in the lab.
If an operator is away on medical leave, the labs throughput will likely be reduced due to less staff. If the injured operator knows how to run a specific system or test, that loss of expertise will impact the labs capacity to meet its customers requirements. Also, lab accidents can have a negative impact on user confidence when operating the equipment.
Reducing the need for operator interaction when using an XY system improves safety, as the operators hands rarely need to enter the test space. It also provides improved ergonomics as it eliminates the repetitive motion that is required when manually loading specimens.
Using the XY system means some of the testing challenges around specimen alignment and test points can be removed;thus, operators with less experience can be trained more effectively, making the system easier to use. Moreover, these operators will be more confident when it comes to running the system, reducing overall disruption in the lab.
Semi-automated systems, such as the XY stage, can offer labs where a fully automated system is not the best solution a series of benefits throughput, efficiency, repeatability, and safety.
The XY stage enables testing labs to introduce automation on a smaller scale that is well-suited for several different applications, including medical devices, such as vials and syringes, and electronic devices and components.
This information has been sourced, reviewed and adapted from materials provided by Instron - Europe.
For more information on this source, please visit Instron - Europe.
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What are the Benefits of Semi-Automation in Materials Testing? - AZoM
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How automation is transforming security and compliance – VentureBeat
Posted: at 2:43 pm
Presented by Vanta
Security is more than a threat mitigator its a growth enabler too. Catch up with this VB On-Demand event to learn how an automated security and compliance improves your security posture, helps meet SOC 2, HIPAA, or ISO 27001 regulations, gets you compliant fast, and more.
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Cyber criminals are getting smarter, their attacks are continuously evolving, and their successes are leaving marks. Assaults are scaled effortlessly, from the one-to-one text phishing attempts on employees who post about new jobs on LinkedIn, to the unprecedented campaign against the Costa Rican government that brought much of their infrastructure to a standstill, resulting in losses of $125 million over 48 hours.
Whats notable is the sophistication, says Kaitlin Pettersen, VP of customer experience at Vanta. The seeming legitimacy is improving. Theyre getting smarter. Theyre getting more strategic, and the financial and reputational cost of these data breaches is high.
Customer trust is easily lost, but not easily won back and that directly impacts your bottom line. Globally, fines for GDPR violations are huge, but smaller companies are also facing financial consequences for violations. The CCPA in California opens the door to lawsuits from customers whose data was involved in a breach. The cost per incident may not be huge, but multiplied across all of a companys customers, it adds up rapidly. Combined with the reputational hit, its a blow to your trajectory as a company.
On top of risk protection, compliance and security is also great for business, in that it helps attract and retain customers, she adds. For instance, SOC 2 certification is the most sought-after security framework for growing SaaS companies, demonstrating an organizations ability to effectively safeguard the privacy and security of customer and client data.
It can seem daunting, especially for smaller companies without specialized roles dedicated to security issues, but automation and technology are now available to lift the burden, and make it much easier than it used to be to prevent attacks and fines.
It takes a combo of security or the ongoing practices and policies that you put in place to care for your customers data and protect the integrity of your business and compliance. That, and the associated standards, is what demonstrates your great security posture, especially as more standards emerge.
The old adage is perhaps overused, but the best defense really is a good offense, Pettersen says. Standing up and maintaining good security practices and staying compliant will mitigate risks and keep businesses protected from attacks and hefty fines. But thats a lot easier said than done.
As threats continue to grow, an increasing number of businesses, and certainly larger enterprises, view compliance and security as table stakes for doing business with any partner or vendor.
Building good security posture and being able to demonstrate that will enable businesses to thrive, and really empower them from an economic perspective in good times and bad, because its helping to build trust quickly and easily in prospects and customers, says Petersen. And leveraging automation to get there faster and more effectively will help small, medium and large businesses win more and larger deals.
A security and compliance platform like Vanta decreases the burden of security and compliance by pairing an automated compliance platform with a guided audit experience, from onboarding to final reports. It integrates with the commonly used cloud services, identity providers, task trackers and more to automate the complex and tedious work of gathering evidence for security audits, and runs hourly checks on a system to ensure compliance stays in place.
Centralized organizational security helps companies properly onboard and offboard employees, remediate issues from failed tests, and manage policies and documents in one place. It offers visibility into employee-related tasks like background checks and security training. With two-way task tracker integrations, it can discover, assign and resolve issues as they happen. Continuous monitoring catches activity out of line with security policies anywhere in the organization. And a dashboard offers updates in real time, identifying where a companys security posture and compliance stands.
Your security and compliance partners and vendors should be providing you with helpful content and resources, Pettersen says. Its the responsibility of companies like Vanta to provide you with a product that enables you to do this better and more successfully, but to also help you understand what a good security posture is, what it means to mitigate risk, and why compliance is so crucial to successful businesses.
To learn more about what compliance standards your business requires, how to mitigate security risks while ensuring continuous compliance, how automation is changing the game and more, dont miss this VB On-Demand event.
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How automation is transforming security and compliance - VentureBeat
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Combating The Labor Shortage With Automation – e3zine.com
Posted: at 2:43 pm
Companies that put off urgently needed young talent by using manual processes and outdated software particularly in accounting are shooting themselves in the foot.
The gender pay gap is not the only chasm that exists in most countries. The divide between baby boomers and Generations X, Y, and Z could seriously threaten the financial performance of companies if they do not take action now. On each side of this divide we find some very different attitudes and expectations when it comes to work culture, work-life balance, digitalization, and career paths.
On one side, there is the 17-year-old digital native who seems to spend eight hours a day on TikTok, Snapchat, and Instagram and who wants to start a career, ideally in the commercial department and preferably in your company. However, if your company still does things the old way, with manila envelopes, stamps, and paper trays, it is unlikely to be a match made in heaven. Admittedly, few companies are quite so analog these days, and SAP or other ERP systems have become the norm. But if your IT department thinks that Fiori is a kind of ice cream rather than an innovative system for designing intuitive user interfaces, your new hire is unlikely to feel at home.
ERP user interfaces that are ten years older than the new recruits who use them will fail to impress. Such new recruits will become even more critical in the coming years, when the entire baby-boomer generation is set to retire. In Germany, for example, in 1965, 1,325,386 babies were born, around twice as many as in 2005, when there were only 686,000 births. Most Western countries have a similar age structure.
As a result, demand for qualified young personnel now massively exceeds supply, leading to dramatic transformations in the job market an imbalance that will only grow over the next few years. Career starters will be picky about where they work, especially if they are well educated. And they will not want to join companies where work processes are monotonous, manual, and old-fashioned.
To find qualified staff to fill administrative roles, companies will need to have more to offer than the clichd foosball tables, baskets of fruit in the morning, and latte macchiatos made of hand-roasted kopi luwak beans from a fully automatic coffee machine. These perks are all well and good, but they are not enough. What really matters is the daily work culture, and this is reflected in the tools staff are expected to work with.
It is worth taking a closer look: How are processes designed, how user-friendly are the tools? Would a digital native want to work with them? It is important to try to see things from this perspective, rather than sticking with the way things have always been done. Companies with a high degree of automation enable their staff to focus on more meaningful activities. At the same time, automation can at least somewhat compensate for staff shortages. Furthermore, intuitive, user-friendly software and simplified processes will be loved by new hires and long-standing employees alike.
However, digitalization projects should not be imposed top-down by the IT department. This is an approach that has caused many IT projects to fail. Instead, future users at all levels should be involved from an early stage as part of a strong feedback culture. Only employees who feel appreciated and know that their own needs and ideas will be incorporated into the future working environment will be motivated. And this applies to everyone, whether they are boomers or members of Generation X, Y, or Z.
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CommerceIQ Launches New Revenue Recovery Automation to Reclaim Shortages and Chargeback Deductions and Improve Profitability – Business Wire
Posted: at 2:43 pm
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--CommerceIQ, the leading Retail Ecommerce Management Platform, today announced the launch of its new Revenue Recovery Automation offering, part of its single platform that combines intelligent automation and shopper insights to drive omnichannel profitability. With CommerceIQ Revenue Recovery Automation, brands can recover at least one percentage point of profit in their Amazon business within four months by automating recovery of shortages and chargeback deductions.
Building a profitable ecommerce business on Amazon can be especially difficult in todays environment, and companies can not afford to leave any money on the table, said Guru Hariharan, CEO of CommerceIQ. We are excited for our customers to discover the benefits of CommerceIQs new Revenue Recovery Automation software, which can help them combat shortages and chargebacks to reclaim significant profits for their ecommerce businesses.
In an analysis of CommerceIQ data, companies could be losing one to five percent of their total shipped cost of goods sold (COGS) annually on Amazon because of two main issues errors in shortages and chargebacks. This can lead to a potential loss of millions at a time when competition, inflation, and supply chain issues are further straining profitability.
CommerceIQ Revenue Recovery Automation software uses machine learning to help uncover the root cause and permanently stop sources of revenue and profit leakage. It automatically disputes erroneous shortage and chargeback claims, driving profit growth. The platforms shortage control dashboard and chargeback portal establish a single source of truth, allowing customers to visualize their data, analyze and identify issues, and automatically take action. Key platform benefits include:
Early customer adoptions of CommerceIQ Revenue Recovery Automation have seen positive results. One customer, a Fortune 500 food company, integrated its Amazon business with CommerceIQ, leading to $1.9M revenue reclaimed in 90 days by automatically filing triple the disputes, leading to 1% reclaimed COGS. The company's resolution rate more than doubled from over this period, reducing costs and enabling teams to focus on more valuable work.
CommerceIQ is confident its Revenue Recovery Automation software can improve Amazon profit margins by at least 1 full point within four months, and is offering a limited-time money-back guarantee. Visit here to learn more about this exclusive offer.
To find out more about how your business can benefit from CommerceIQ Revenue Recovery Automation, check out the ebook Boosting Profit by Recovering Revenue at Amazon.
About CommerceIQ
CommerceIQ is a leading Retail Ecommerce Management Platform, unlocking profitable market share growth for consumer brands through intelligent automation. Its unified platform applies machine learning and automation across marketing, supply chain, and sales operations to help brands boost share-of-voice (SOV), minimize out-of-stock (OOS), and prevent revenue leakage. With worldwide retail ecommerce growth expected to reach $7.4 trillion in 2025, mastering operational scale and unit economics through retail ecommerce channels is essential. Nestle, Colgate, Whirlpool, and more than 2,200 consumer goods leaders use CommerceIQ as the single source of truth for their retail ecommerce. CommerceIQ has raised $200 million from venture investors including Softbank, Insight Partners, and Madrona Venture Group. For more information, visit https://www.commerceiq.ai/
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15 benefits to using Automation in High-Pressure Die Casting – Robotics and Automation News
Posted: at 2:43 pm
Die casting is a process that has been used for many years to create products from metal using die casting mould. It is often used when there is a need for mass production of parts, as it can be done quickly and relatively cheaply.
In recent years, however, die casting has begun to be replaced by a new process called Automation in High-Pressure Die Casting.
Automation in High-Pressure Die Casting is a process that uses robots to do the die casting instead of humans. This has many benefits over traditional die casting, including:
One of the main benefits of using Automation in High-Pressure Die Casting is the increased accuracy it offers. Because the process is done by robots, there is much less chance for human error, which means that parts produced using this method are less likely to be defective. This makes Automation in High-Pressure Die Casting a more reliable option for mass production of parts.
The use of robots means that the Automation in High-Pressure Die Casting process can be completed much faster than die casting done by humans. This can lead to shorter production times and lower costs.
The use of robots gives greater flexibility to the Automation in High-Pressure Die Casting process. This means that parts can be produced in various shapes and sizes, with different finishes.
This flexibility allows manufacturers to produce die casting parts that meet the specific needs of their customers. It also allows them to experiment with new designs and finishes, which can help them stay competitive in the market.
The flexibility offered by Automation in High-Pressure Die Casting is one of the main reasons why it is becoming increasingly popular among manufacturers. It allows them to produce high-quality parts quickly and efficiently, which helps them stay competitive in todays marketplace.
The use of robots reduces the risks associated with die casting, as there is no need for humans to be present during the process. This can lead to a safer working environment.
The use of robots can lead to reduced costs, as the cost of labor is eliminated. Additionally, the use of robots can help to reduce scrap rates and improve overall efficiency.
These factors can lead to significant savings for manufacturers, which can help them stay competitive in the market. In addition, the use of robots can help to improve the quality and speed of production, making it a more viable option for mass production of parts.
The use of robots can lead to increased productivity, as parts can be produced faster and with greater accuracy. This can free up time for other tasks to be completed, leading to a more efficient production process.
The use of robots leads to greater consistency in the Automation in High-Pressure Die Casting process. This means that parts will be of a higher quality and less likely to vary from one another.
The use of robots can lead to reduced energy consumption, as they are more efficient than humans at die casting. This can help to lower production costs and improve the overall sustainability of the process.
The use of robots can help to enhance the sustainability of the Automation in High-Pressure Die Casting process. As they are more efficient than humans, they can help to reduce greenhouse gas emissions and other environmental impacts associated with die casting.
The use of robots can help to improve working conditions in die casting facilities. As there is no need for humans to be present during the process, there is less noise and dust, and the working environment is generally cleaner and safer.
The use of robots can help to improve the ergonomics of the die casting process. As humans are not required to be present during the process, there is no need for them to stoop, lift, or reach awkwardly. This can help to reduce the risk of musculoskeletal disorders (MSDs).
One of the benefits of Automation in High-Pressure Die Casting is the increased accuracy it offers for thin-walled parts. Because the process is done by robots, there is much less chance for human error, which means that parts produced using this method are less likely to be defective. This makes Automation in High-Pressure Die Casting a more reliable option for mass production of thin-walled parts.
The use of robots leads to greater dimensional accuracy in the Automation in High-Pressure Die Casting process. This means that parts will be of a higher quality and less likely to vary from one another.
The use of robots can help to enhance the surface finish of die cast parts. As they are more efficient than humans, they can help to produce parts with a smoother finish.
The use of robots can lead to increased productivity per hour in the Automation in High-Pressure Die Casting process. This means that more parts can be produced in a shorter period of time, leading to a more efficient production process.
The benefits of Automation in High-Pressure Die Casting are clear. By using robots instead of humans to do the die casting, many advantages can be enjoyed, including increased accuracy, speed, flexibility, safety, reduced costs, increased productivity, greater consistency, reduced energy consumption and enhanced sustainability.
These benefits make Automation in High-Pressure Die Casting a more efficient and sustainable way to produce parts from metal.
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