TORONTO--(BUSINESS WIRE)--Eyelit Inc. announced top line revenue growth of over 25% for the first quarter of 2020 over the same period in 2019, despite lower services revenue due to COVID-19. The increase was led by software licenses and support (recurring) revenue.

Key events for the quarter were:

Financial highlights for first quarter of 2020

We are very fortunate to be growing and hiring during the COVID-19 pandemic. Our enterprise customers continue to expand their use of Eyelits software. Factory Automation is our fastest growing area with Eyelits unique and proven ability to connect the automation layer to higher levels of business and factory applications. We expect this trend to continue and accelerate as Industry 4.0 and Smart Manufacturing programs expand with COVID-19, stated Dan Estrada, Vice-President of Sales and Marketing, Eyelit.

COVID-19 Update: The effects of the COVID-19 virus continue to have an unfavorable impact to Eyelits overall business. Despite this, Eyelit continues its push to grow and find innovative ways to provide our solutions to customers. This has been possible in large part due to their flexibility and willingness to adapt to new norms, especially a widespread acceptance of remote collaboration.

About Eyelit Inc. (www.eyelit.com)

Eyelit Inc. is the leader in Manufacturing Execution and Quality Management (MES and QMS) solutions for visibility, control, and coordination of manufacturing operations for the aerospace & defense, electronics, life sciences, medical device, semiconductor, and solar industries. Eyelit uniquely delivers a broad set of manufacturing solutions, including Asset Management (Semi E10, SEMI PV2-0709), Dispatching, Factory Integration (Automation), Manufacturing Execution (MES/MOM), Recipe Management, SPC, Supply Chain Management, Quality Management (CAPA/OCAP/APC/RMA), and Business Process Management, that enable its customers to rapidly and cost-effectively optimize production and company processes.

With exceptional customer service, Eyelit has time and again proven that superior, innovative technology can maximize efficiency and value. More than 50 leading companies, including austriamicrosystems, CEA-Leti, Innovative Micro Technology (IMT), LFoundry, Murata Electronics, Northrop Grumman Corporation, NXP Semiconductors, PerkinElmer, Raytheon Company, Skyworks Solutions, TowerJazz and multiple global 100 companies rely on Eyelit as a trusted software partner. Follow Eyelit on LinkedIn and Twitter.

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Eyelit Announces Revenue Growth and Profit From Its Manufacturing Execution (MES), Automation, and Quality (QMS) Software for Q1 - Business Wire

DUBLIN, July 14, 2020 /PRNewswire/ -- The "Global Home Automation System Market Analysis & Trends - Industry Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

The Global Home Automation System Market is poised to grow at a CAGR of around 10.5% by 2028. Some of the prominent trends that the market is witnessing include healthy growth rate from developing economies and failures or malfunctioning of devices is challenging the market growth.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2017, 2018 revenue estimations are presented for 2019 and forecasts till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

Report Highlights:

Key Topics Covered:

1 Market Outline1.1 Research Methodology1.1.1 Research Approach & Sources1.2 Market Trends1.3 Regulatory Factors1.4 Technology Analysis1.5 Product Analysis1.6 Strategic Benchmarking1.7 Opportunity Analysis

2 Executive Summary

3 Market Overview3.1 Current Trends3.1.1 Healthy growth rate from developing economies3.1.2 Failures or malfunctioning of devices is challenging the market growth3.1.3 Recent Technological Developments in Home Automation System3.1.4 Growth Opportunities/Investment Opportunities3.2 Drivers3.3 Constraints3.4 Industry Attractiveness3.4.1 Bargaining power of suppliers3.4.2 Bargaining power of buyers3.4.3 Threat of substitutes3.4.4 Threat of new entrants3.4.5 Competitive rivalry

4 Home Automation System Market, By Software & Algorithm4.1 Proactive4.1.1 Proactive Market Forecast to 2028 (US$ MN)4.2 Behavioral4.2.1 Behavioral Market Forecast to 2028 (US$ MN)

5 Home Automation System Market, By Technology5.1 Wireless Communication Technologies5.1.1 Wireless Communication Technologies Market Forecast to 2028 (US$ MN)5.1.1.1 Thread5.1.1.1.1 Thread Market Forecast to 2028 (US$ MN)5.1.1.2 Enocean5.1.1.2.1 Enocean Market Forecast to 2028 (US$ MN)5.1.1.3 Bluetooth5.1.1.3.1 Bluetooth Market Forecast to 2028 (US$ MN)5.1.1.4 Wi-Fi5.1.1.4.1 Wi-Fi Market Forecast to 2028 (US$ MN)5.1.1.5 Z-Wave5.1.1.5.1 Z-Wave Market Forecast to 2028 (US$ MN)5.1.1.6 Zigbee5.1.1.6.1 Zigbee Market Forecast to 2028 (US$ MN)5.2 Network Technologies5.2.1 Network Technologies Market Forecast to 2028 (US$ MN)5.2.1.1 LTE Networks5.2.1.1.1 LTE Networks Market Forecast to 2028 (US$ MN)5.2.1.2 GMS/HSPA Networks5.2.1.2.1 GMS/HSPA Networks Market Forecast to 2028 (US$ MN)5.2.1.3 CDMA Networks5.2.1.3.1 CDMA Networks Market Forecast to 2028 (US$ MN)

6 Home Automation System Market, By Protocols & Standards6.1 Black Box6.1.1 Black Box Market Forecast to 2028 (US$ MN)6.2 Building Automation and Control Network (BACNet)6.2.1 Building Automation and Control Network (BACNet) Market Forecast to 2028 (US$ MN)6.3 Modbus6.3.1 Modbus Market Forecast to 2028 (US$ MN)6.4 Ethernet6.4.1 Ethernet Market Forecast to 2028 (US$ MN)6.5 Lonworks6.5.1 Lonworks Market Forecast to 2028 (US$ MN)6.6 Digital Multiplexer (DMX)6.6.1 Digital Multiplexer (DMX) Market Forecast to 2028 (US$ MN)6.7 KNX6.7.1 KNX Market Forecast to 2028 (US$ MN)6.8 National Electrical Manufacturers Association (NEMA)6.8.1 National Electrical Manufacturers Association (NEMA) Market Forecast to 2028 (US$ MN)6.9 Power Line Communication (PLC)6.9.1 Power Line Communication (PLC) Market Forecast to 2028 (US$ MN)6.10 Digital Addressable Lighting Interface (DALI)6.10.1 Digital Addressable Lighting Interface (DALI) Market Forecast to 2028 (US$ MN)

7 Home Automation System Market, By Product7.1 HVAC Control7.1.1 HVAC Control Market Forecast to 2028 (US$ MN)7.1.1.1 Smart Vents7.1.1.1.1 Smart Vents Market Forecast to 2028 (US$ MN)7.1.1.2 Pumps & Fans7.1.1.2.1 Pumps & Fans Market Forecast to 2028 (US$ MN)7.1.1.3 Actuators7.1.1.3.1 Actuators Market Forecast to 2028 (US$ MN)7.1.1.4 Dampers7.1.1.4.1 Dampers Market Forecast to 2028 (US$ MN)7.1.1.5 Heating and Cooling Coils7.1.1.5.1 Heating and Cooling Coils Market Forecast to 2028 (US$ MN)7.1.1.6 Control Valves7.1.1.6.1 Control Valves Market Forecast to 2028 (US$ MN)7.1.1.7 Sensors7.1.1.7.1 Sensors Market Forecast to 2028 (US$ MN)7.1.1.8 Smart Thermostats7.1.1.8.1 Smart Thermostats Market Forecast to 2028 (US$ MN)7.2 Security and Access Control7.2.1 Security and Access Control Market Forecast to 2028 (US$ MN)7.2.1.1 Access Control7.2.1.1.1 Access Control Market Forecast By Type to 2028 (US$ MN)7.2.1.1.1.1 Non Biometric Access Control7.2.1.1.1.2 Biometric Access Control7.2.1.1.1.2.1 Fingerprint Recognition7.2.1.1.1.2.2 Iris Recognition7.2.1.1.1.2.3 Facial Recognition7.2.1.1.1.2.4 Other Biometric Access Controls7.2.1.2 Video Surveillance7.2.1.2.1 Video Surveillance Market Forecast By Type to 2028 (US$ MN)7.2.1.2.1.1 Services7.2.1.2.1.2 Software/Video Analytics7.2.1.2.1.3 Hardware7.2.1.2.1.3.1 Accessories7.2.1.2.1.3.2 Monitors7.2.1.2.1.3.3 Storage Devices7.2.1.2.1.3.4 Security Cameras7.3 Entertainment Control7.3.1 Entertainment Control Market Forecast to 2028 (US$ MN)7.3.1.1 Touch screens and Keypads7.3.1.1.1 Touch screens and Keypads Market Forecast to 2028 (US$ MN)7.3.1.2 Home Theater System Controls7.3.1.2.1 Home Theater System Controls Market Forecast to 2028 (US$ MN)7.3.1.3 Audio, Volume, & Multimedia Controls7.3.1.3.1 Audio, Volume, & Multimedia Controls Market Forecast to 2028 (US$ MN)7.4 Lighting Control7.4.1 Lighting Control Market Forecast to 2028 (US$ MN)7.4.1.1 Relays7.4.1.1.1 Accessories and Other Products Market Forecast to 2028 (US$ MN)7.4.1.2 Switches7.4.1.2.1 Switches Market Forecast to 2028 (US$ MN)7.4.1.3 Dimmers7.4.1.3.1 Dimmers Market Forecast to 2028 (US$ MN)7.4.1.4 Timers7.4.1.4.1 Timers Market Forecast to 2028 (US$ MN)7.4.1.5 Daylight Sensors7.4.1.5.1 Daylight Sensors Market Forecast to 2028 (US$ MN)7.4.1.6 Occupancy Sensors7.4.1.6.1 Occupancy Sensors Market Forecast to 2028 (US$ MN)7.4.1.7 Accessories and Other Products7.4.1.7.1 Relays Market Forecast to 2028 (US$ MN)7.5 Other Controls7.5.1 Other Controls Market Forecast to 2028 (US$ MN)7.5.1.1 Smoke Detectors7.5.1.1.1 Smoke Detectors Market Forecast to 2028 (US$ MN)7.5.1.2 Smart Locks7.5.1.2.1 Smart Locks Market Forecast to 2028 (US$ MN)7.5.1.3 Smart Hubs7.5.1.3.1 Smart Hubs Market Forecast to 2028 (US$ MN)7.5.1.4 Smart Plugs7.5.1.4.1 Smart Plugs Market Forecast to 2028 (US$ MN)7.5.1.5 Smart Meters7.5.1.5.1 Smart Meters Market Forecast to 2028 (US$ MN)

8 Home Automation System Market, By Geography8.1 North America8.1.1 North America Market Forecast by Countries to 2028 (US$ MN)8.1.1.1 US8.1.1.2 Canada8.1.1.3 Mexico8.2 Europe8.2.1 Europe Market Forecast by Countries to 2028 (US$ MN)8.2.1.1 Germany8.2.1.2 U.K8.2.1.3 Italy8.2.1.4 France8.2.1.5 Spain8.2.1.6 Rest of Europe8.3 Asia Pacific8.3.1 Asia Pacific Market Forecast by Countries to 2028 (US$ MN)8.3.1.1 China8.3.1.2 Japan8.3.1.3 India8.3.1.4 Australia8.3.1.5 New Zealand8.3.1.6 Rest of Asia Pacific8.4 Middle East8.4.1 Middle East Market Forecast by Countries to 2028 (US$ MN)8.4.1.1 Saudi Arabia8.4.1.2 UAE8.4.1.3 Rest of Middle East8.5 Latin America8.5.1 Latin America Market Forecast by Countries to 2028 (US$ MN)8.5.1.1 Argentina8.5.1.2 Brazil8.5.1.3 Rest of Latin America8.6 Rest of the World (RoW)8.6.1 RoW Market Forecast by Countries to 2028 (US$ MN)8.6.1.1 Africa8.6.1.2 Caribbean

9 Key Player Activities9.1 Mergers & Acquisitions9.2 Partnerships, Joint Ventures, Collaborations and Agreements9.3 Product Launch & Expansions9.4 Other Activities

10 Leading Companies10.1 ABB Ltd.10.2 Amx LLC (Harman)10.3 Control4 Corporation10.4 Crestron Electronics, Inc.10.5 Honeywell International, Inc.10.6 Ingersoll-Rand PLC10.7 Johnson Controls, Inc.10.8 Legrand10.9 Leviton Manufacturing Company, Inc.10.10 Lutron10.11 Savant Systems LLC.10.12 Schneider Electric10.13 Siemens AG

For more information about this report visit https://www.researchandmarkets.com/r/7oevrw

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets Laura Wood, Senior Manager [emailprotected]

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Worldwide Home Automation System Industry to 2028 - Featuring Ingersoll-Rand, Johnson Controls & Legrand Among Others - PRNewswire

Technology has become a necessity rather than just a nice-to-have during the COVID-19 pandemic. Tasks such as shopping for groceries, booking a taxi, or ordering a takeaway have all been made easier thanks to technological advances. Despite its influence on consumer behaviours, one of the perceived downfalls of automation is the limit it has on the reliance for humans to carry out certain tasks and jobs. A debate that has, and will, rage on for quite some time.

But, as the world has been gripped by the COVID-19 pandemic, will automation continue to be a necessity as we enter the new normal and social distancing. Here we look at the role automation could play in the fight against COVID-19 and beyond.

Following the World Health Organisation reclassifying coronavirus as a global pandemic in March, cities and communities effectively turned into ghost towns. Tourist hotspots, restaurants, entertainment venues, and workplaces shut, with people instructed to stay at home.

In the UK, the job retention scheme was introduced to help ease the fears of businesses who were left to wonder how they would pay their staff and stay afloat. Originally set to last until July, the scheme has now been extended to October an indication that economic impacts of the virus will be felt for some time.

As of yet, its unknown as to whether businesses who rely on humans to come to work and carry out manual tasks will survive a post-coronavirus recession. Will it force company bigwigs to invest in automation to boost their chances of longevity and success?

In April, a study carried out by auditing firm, EY, found that nearly half of bosses in 45 countries are speeding up their plans to introduce automation, with companies such as Amazon and Ocado already using robots in customer fulfilment centres. A challenge that car manufacturers face is a reduction in available staff on their shop floors, which comes with health and safety concerns, and the need for new ecosystems to achieve efficient production. This may see a continued turn towards automation to aid the build of new vehicles.

Its almost inevitable that automation across industries will increase, both during and after COVID-19. To what extent is unknown, but it could play a key role in the way we dine at restaurants, check-in to hotels, and everything else in-between.

You may pose the question: How has coronavirus helped the environment?. In the short-term its had a positive impact, with carbon emissions dramatically falling, creating cleaner air in the process. You may have seen flamingos thriving off quieter roads and the cleaner air in Mumbai, and mountain goats making themselves at home in the streets of Llandudno. But, when this is all over, will our attitudes change, or will we just go back to travelling back-and-forward, pumping out carbon emissions and increasing our carbon footprint again?

If businesses must look at automation, will consumers look towards it when they choose their next vehicle, for example? Choosing an electric vehicle over petrol or diesel means you wont need to visit the petrol station to fill up eliminating human interaction. Plus, youll reduce your carbon emissions to zero when driving. If you have worries over social distancing, knowing that you can e-charge your car at home with the right equipment it may sway you towards a greener lifestyle.

Year-to-date data for 2020 from the Society of Motor Manufacturers & Traders reveals a 131% increase in the registration of fully electric cars compared to the year previously. This shows a potential shift towards a more environmentally friendly future, one that introduces an element of automation at the same time. Manufacturers have already acknowledged this, with BMW, for example, being committed to having no less than 12 fully-electric models in their line-up over the next three-to-four years, with the German brand potentially offering an electric version of their 1 Seriesas early as 2021.

Its likely that automation will become more prominent as we move into the future, but striking the correct balance between automation and human interaction could be key in the short-term to enable economies to bounce back and communities to thrive like they did before the pandemic hit.

Sources

https://www.bbc.co.uk/news/business-52634759

https://news.sky.com/story/flamingos-enjoy-quieter-roads-and-cleaner-air-in-mumbai-11982032

https://www.theguardian.com/world/2020/mar/30/bosses-speed-up-automation-as-virus-keeps-workers-home

https://www.lookers.co.uk/bmw/new-cars/1-series

https://www.theguardian.com/world/2020/mar/30/bosses-speed-up-automation-as-virus-keeps-workers-home

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Will coronavirus lead to automation ruling over human interaction? - Open Access Government

What challenges did the industry face during the coronavirus pandemic, which has necessitated the move to automation?

Never waste a crisis. One of the things the pandemic has shown us is that digital transformation is no longer a nice to have but a must have.

The digital transformation choices that organizations make today as they move from offline to online will help them prepare for a future in which they will need to demonstrate a more holistic outlook, act more transparently and ethically, and deliver hyper-personalized experiences.

We are on a journey from automation to autonomy.

We have seen cars go from manual to automated, with lane change warning or cruise control, and we are now looking at auto park or auto steer.

In much the same way, enterprise processes are also moving from automated to autonomous, and the difference is in automating some components of a process to automating the entire process end-to-end.

Is the existing workforce ready for this change? How much upskilling will be required from the industry?

Given the current situation caused by the pandemic, and the resulting evolution of job functions and requirements, there is a vital need for reskilling.

Executives need to shift their approach to close gaps.

Most estimates say that about 50% of tech skills become redundant every two years.

The successful workforce of the future will bring a trainable and curious mindset.

Workers should not fear artificial intelligence or disruption, but adopt a trainable and continuously curious mindset to prepare for a future of constant skills development and retraining.

The way we learn will also change and businesses will put a greater emphasis on reskilling, upskilling and virtual training.

However, mandated, one-size-fits-all reskilling and training programmes do not enable employees to discover their skills, identify their gaps, and hone their potential through customized knowledge paths and plans.

As companies are also cash-strapped, how do they pay for these new services?

These are times when it is important to keep the total value that you are creating for clients in mind and make sure that you are focused on solving their challenges and opportunities.

If that requires flexibility, thats exactly what we are really good at.

When we went through the global financial crisis many years ago, that is exactly what we did with a certain set of industries. We are doing the same thing with a number of other industries here.

That allows us to create new opportunities, bring in new technologies to actually drive that productivity for our clients, and generate value for them.

As such, it is not necessarily just price concessions straight out of the gate; its actually creating value.

Our exposure to the hardest-hit industries, such as travel, hospitality and leisure and energy, is limited.

We are seeing heightened demand for our solutions in supply chain management, consumer banking collections, small business lending through government support programmes, and analytical services to a range of industries witnessing volatile demand and supply patterns, all of which we have strengthened.

Did the increase in adoption lead to new innovations in the industry?

Disruption creates new opportunities for growth, and businesses across the world should look to, and plan early for, that growth, as we rebound out of this crisis.

We are already seeing new innovations and trends like accelerating cloud journeys, more data-driven insights and digital customer experience.

Twenty years ago, the automotive sector used automation to provide lane-change warnings. Today, it has led to a whole concept of autonomous driving. Similarly, other sectors are also filling gaps with automation as they re-pivot.

Which industries are leading the adoption of automation right now?

Every industry is at a different point in the curve of their evolution, but the pace of change has picked up in every industry.

Across the board, this means that for the first time we are closing books virtually, we are shifting from 50-50 online-retail split to 90-10, and we are managing supply chains through dynamic allocations.

Every single industry is seeing its own path towards automation.

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We are on a journey from automation to autonomy - Livemint

The new technology, marketed as Lexus Teammate, is an outgrowth of the Mobility Teammate concept Toyota has been working on for years.

In a statement last week, Lexus said the new setup will debut in a midcycle freshening of the flagship LS sedan, which also gets new interior flourishes and a smoother, quieter ride.

Toyota signaled last year that it would deploy the technology in a production car in 2020. At that time, James Kuffner, the head of Toyota's automated driving program, said his team aimed to develop the "most powerful supercomputer on wheels."

The technology was prepared by Kuffner's Tokyo-based Toyota Research Institute Advanced Development Inc.

Lexus Teammate, the company said, incorporates artificial intelligence and deep learning "for predicting and responding to various situations possibly encountered."

The updated LS goes on sale in Japan later this year. Lexus declined to give further details about launches in other markets. Lexus Teammate is initially geared toward Japanese laws and regulations.

The system will underpin Toyota's first Level 2 automated vehicle and is expected to use lidar technology developed partly with Denso Corp. That system will enable the Lexus to automatically change lanes, follow lanes and pass vehicles in highway driving.

Pictures of the new LS show black lidar scanners inset behind the front wheel wells, lending the look of brake cooling vents. Other lidar scanners are on the front and rear of the car.

One image depicts a pop-out washer showering the front lidar with two jets of water to keep it clean.

It is unclear whether Lexus Teammate will be offered standard or as an option on certain trims. But the media photos depicted the lidar sensors deployed in the hybrid LS.

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Toyota moves Lexus LS to a higher level of automation - Automotive News

The global Single-Loop Multi-Function Controllers In Automation market focuses on encompassing major statistical evidence for the Single-Loop Multi-Function Controllers In Automation industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Single-Loop Multi-Function Controllers In Automation study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.

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The study covers the following key players:Anderson InstrumentGF Piping SystemsGEFRANYOKOGAWA Europe

Moreover, the Single-Loop Multi-Function Controllers In Automation report describes the market division based on various parameters and attributes that are based on geographical distribution, product types, applications, etc. The market segmentation clarifies further regional distribution for the Single-Loop Multi-Function Controllers In Automation market, business trends, potential revenue sources, and upcoming market opportunities.

Market segment by type, the Single-Loop Multi-Function Controllers In Automation market can be split into,Type 1Type 2Type 3

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In addition, the Single-Loop Multi-Function Controllers In Automation market study also covers several factors such as market status, key market trends, growth forecast, and growth opportunities. Furthermore, we analyze the challenges faced by the Single-Loop Multi-Function Controllers In Automation market in terms of global and regional basis. The study also encompasses a number of opportunities and emerging trends which are considered by considering their impact on the global scale in acquiring a majority of the market share.

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Brief about Single-Loop Multi-Function Controllers In Automation Market Report with [emailprotected] https://hongchunresearch.com/report/single-loop-multi-function-controllers-in-automation-market-24868

Some Point of Table of Content:

Chapter One: Single-Loop Multi-Function Controllers In Automation Market Overview

Chapter Two: Global Single-Loop Multi-Function Controllers In Automation Market Landscape by Player

Chapter Three: Players Profiles

Chapter Four: Global Single-Loop Multi-Function Controllers In Automation Production, Revenue (Value), Price Trend by Type

Chapter Five: Global Single-Loop Multi-Function Controllers In Automation Market Analysis by Application

Chapter Six: Global Single-Loop Multi-Function Controllers In Automation Production, Consumption, Export, Import by Region (2014-2019)

Chapter Seven: Global Single-Loop Multi-Function Controllers In Automation Production, Revenue (Value) by Region (2014-2019)

Chapter Eight: Single-Loop Multi-Function Controllers In Automation Manufacturing Analysis

Chapter Nine: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter Ten: Market Dynamics

Chapter Eleven: Global Single-Loop Multi-Function Controllers In Automation Market Forecast (2019-2026)

Chapter Twelve: Research Findings and Conclusion

Chapter Thirteen: Appendix continued

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List of tablesList of Tables and Figures

Figure Single-Loop Multi-Function Controllers In Automation Product PictureTable Global Single-Loop Multi-Function Controllers In Automation Production and CAGR (%) Comparison by TypeTable Profile of Type 1Table Profile of Type 2Table Profile of Type 3Table Single-Loop Multi-Function Controllers In Automation Consumption (Sales) Comparison by Application (2014-2026)Table Profile of Application 1Table Profile of Application 2Table Profile of Application 3Figure Global Single-Loop Multi-Function Controllers In Automation Market Size (Value) and CAGR (%) (2014-2026)Figure United States Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Europe Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Germany Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure UK Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure France Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Italy Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Spain Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Russia Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Poland Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure China Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Japan Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure India Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Southeast Asia Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Malaysia Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Singapore Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Philippines Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Indonesia Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Thailand Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Vietnam Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Central and South America Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Brazil Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Mexico Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Colombia Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Middle East and Africa Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Saudi Arabia Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure United Arab Emirates Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Turkey Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Egypt Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure South Africa Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Nigeria Single-Loop Multi-Function Controllers In Automation Revenue and Growth Rate (2014-2026)Figure Global Single-Loop Multi-Function Controllers In Automation Production Status and Outlook (2014-2026)Table Global Single-Loop Multi-Function Controllers In Automation Production by Player (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Production Share by Player (2014-2019)Figure Global Single-Loop Multi-Function Controllers In Automation Production Share by Player in 2018Table Single-Loop Multi-Function Controllers In Automation Revenue by Player (2014-2019)Table Single-Loop Multi-Function Controllers In Automation Revenue Market Share by Player (2014-2019)Table Single-Loop Multi-Function Controllers In Automation Price by Player (2014-2019)Table Single-Loop Multi-Function Controllers In Automation Manufacturing Base Distribution and Sales Area by PlayerTable Single-Loop Multi-Function Controllers In Automation Product Type by PlayerTable Mergers & Acquisitions, Expansion PlansTable Anderson Instrument ProfileTable Anderson Instrument Single-Loop Multi-Function Controllers In Automation Production, Revenue, Price and Gross Margin (2014-2019)Table GF Piping Systems ProfileTable GF Piping Systems Single-Loop Multi-Function Controllers In Automation Production, Revenue, Price and Gross Margin (2014-2019)Table GEFRAN ProfileTable GEFRAN Single-Loop Multi-Function Controllers In Automation Production, Revenue, Price and Gross Margin (2014-2019)Table YOKOGAWA Europe ProfileTable YOKOGAWA Europe Single-Loop Multi-Function Controllers In Automation Production, Revenue, Price and Gross Margin (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Production by Type (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Production Market Share by Type (2014-2019)Figure Global Single-Loop Multi-Function Controllers In Automation Production Market Share by Type in 2018Table Global Single-Loop Multi-Function Controllers In Automation Revenue by Type (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Revenue Market Share by Type (2014-2019)Figure Global Single-Loop Multi-Function Controllers In Automation Revenue Market Share by Type in 2018Table Single-Loop Multi-Function Controllers In Automation Price by Type (2014-2019)Figure Global Single-Loop Multi-Function Controllers In Automation Production Growth Rate of Type 1 (2014-2019)Figure Global Single-Loop Multi-Function Controllers In Automation Production Growth Rate of Type 2 (2014-2019)Figure Global Single-Loop Multi-Function Controllers In Automation Production Growth Rate of Type 3 (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Consumption by Application (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Consumption Market Share by Application (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Consumption of Application 1 (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Consumption of Application 2 (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Consumption of Application 3 (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Consumption by Region (2014-2019)Table Global Single-Loop Multi-Function Controllers In Automation Consumption Market Share by Region (2014-2019)Table United States Single-Loop Multi-Function Controllers In Automation Production, Consumption, Export, Import (2014-2019)Table Europe Single-Loop Multi-Function Controllers In Automation Production, Consumption, Export, Import (2014-2019)Table China Single-Loop Multi-Function Controllers In Automation Production, Consumption, Export, Import (2014-2019)Table Japan Single-Loop Multi-Function Controllers In Automation Production, Consumption, Export, Import (2014-2019)Table India Single-Loop Multi-Function Controllers In Automation Production, Consumption, Export, Import (2014-2019)Table Southeast Asia Single-Loop Multi-Function Controllers In Automation Production, Consumption, Export, Import (2014-2019)Table Central and South America Single-Loop Multi-Function Controllers In Automation Production, Consumption, Export, Import (2014-2019)continued

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Single-Loop Multi-Function Controllers In Automation Market Growth Prospects, Revenue, Key Vendors, Growth Rate and Forecast To 2026 - Cole of Duty

ForwardX Robotics announced it has joined Intel IoT Solutions Alliance as an Intel IoT Market Ready Solutions (IMRS) partner. Joining a vast network of over 6,000 solutions and more than 500 IoT leaders, ForwardXs Matrix platform will now benefit from Intels worldwide reach as the company continues to deliver its FLEX and MAX solutions to supply chain environments across the globe. The partnership reinforces ForwardXs ability to address customer pain points and deliver robust solutions across increasingly competitive industries.

A giant in the world of innovation, Intel has the expertise, experience, and means to deliver success far and wide. With our ambitions to reach any and every company that may benefit from our innovative solutions, a partnership with Intel is an exciting opportunity for ForwardX to explore, said Shuo Zhang, Project Management Officer at ForwardX. As part of Intels IoT Solutions Alliance, we will benefit on both the technological and commercial sides of our business.

Intels IoT Solutions Alliance is one of six partnership programs currently offered and consists of a network of global partners and members working together to accelerate IoT adoption across a wide range of industries. Intel forecasts 55% of all data will be generated by IoT by 2025 and 43% of AI tasks will happen on edge devices by 2023. Given the disruptive potential of IoT, Intels IoT Solutions Alliance offers companies an abundance of scalable, interoperable solutions in order to accelerate the deployment of intelligent devices and end-to-end analytics. According to Intels website, the IoT Solutions Alliance aims to enable a more intelligent Internet of Things (IoT), supporting enterprises that are moving to the edge so they can capture more data, analyze it faster, and act on it sooner. While Intels IoT Solutions Alliance contains more than 6000 solutions, only 135 have been recognized as IoT Market Ready Solutions; solutions granted this status must clearly demonstrate scalability, adaptability, and immediate implementation opportunities across multiple industries.

With the partnership now formalized, ForwardX will work with Intel on innovative initiatives as well as the continued delivery of cutting-edge robotics solutions to logistics and manufacturing functions across electronics, automotive, general merchandise, and apparel industries. As part of the partnership, ForwardX will also benefit from the networks collective know-how in innovative technology development and sales enablement allowing it to accelerate new market opportunities.

ForwardXs FLEX and MAX solutions utilize 8th Generation Intel Core i7 Processors for onboard processing as well as Intels RealSense technology as part of the perception capabilities of ForwardXs visual Autonomous Mobile Robots. Employing Intels leading technology allows ForwardX robots to gather and process a richer understanding of their environment resulting in more robust solutions.

As an innovative startup, our focus is on developing and delivering disruptive technologies to solve problems in traditional industries. In these long-established, complex industries, the ability to utilize the expertise and experience of a leader like Intel is truly invaluable, said Nicolas Chee, founder and CEO at ForwardX Robotics. Moving forward, we are hopeful that this partnership will demonstrate ForwardXs willingness to create win-win partnerships with likeminded leaders.

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ForwardX Robotics Partners with Intel to Deliver Automation Solutions - Supply and Demand Chain Executive

Automation is making a huge impact on small businesses and the workforce as a whole. But salespeople arent generally concerned about losing jobs to automation.

A recent report on the state of retail sales from Raydiant, a digital signage platform for businesses, found that only 12% of retail sales professionals believe that their jobs will be taken by robots in the coming years. In fact, only 13% of the workers who are still employed are currently worried about their job security as their employers emerge from COVID-19 shutdowns.

Basically, these numbers indicate the importance of sales associates in a retail environment. Regardless of the economy and the technology available, a human touch is generally still preferred when attempting to close sales with customers in person. Even if automation is employed in other areas, sales associates believe they will still be needed to make the most of the technology.

Raydiant CEO Bobby Marhamat said in an email to Small Business Trends, Sales associates arent worried about being replaced and they shouldnt be. Throughout history, there have always been doom and gloom headlines about how certain workers will be replaced by technology but the reality is, in most situations, technology ends up being combined with human skills to create new possibilities. That is exactly what we will see here. Sales associates will be empowered by technology to create better experiences and engage more customers.

Raydiants report includes responses from 500 currently-employed sales associates at brick-and-mortar retail locations. Some of the respondents work at large retail chains, while others work at small, independent businesses.

In addition to the interesting notes about automation, the survey also found that 48% of retail workers feel like their employer is taking their health extremely seriously amid the COVID-19 pandemic. And 54.8% of customers feel like the establishments where they shop are taking their health very seriously.

While its undeniable that COVID-19 has made a major impact on the retail industry, these findings show that the importance of professional sales staff may be one element that remains even as the industry shifts. The pandemic may cause more businesses to shift their offerings just as many were already making adjustments due to the rise of online shopping.

But those that stick around post-pandemic are still likely to utilize sales professionals to create an experience that customers will actually remember. Though much has been made about the death of retail and the rise of automation, the idea of creating a positive experience is always important. And individual sales associates can be a big part of that.

Marhamat says, Before COVID, we were very vocal about our belief that despite the headlines, brick and mortar retail was not dying, it was simply evolving. COVID has hit the industry hard but our belief remains as strong as ever.

Smart, forward-looking operators are evolving and realizing that if they want to get customers in the door, they need to give them an experience worth coming leaving their house for. Customers dont want to just buy products, they want to have an experience.

Well trained sales associates play a critical role in creating these in-store experiences.

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Only 12% of Salespeople Believe Automation Will Take Their Job - Small Business Trends

This Process Automation and Instrumentation Market report offers a detailed view of market opportunity by end user segments, product segments, sales channels, key countries, and import / export dynamics. It details market size & forecast, growth drivers, emerging trends, market opportunities, and investment risks in over various segments in Process Automation and Instrumentation industry. It provides a comprehensive understanding of Process Automation and Instrumentation market dynamics in both value and volume terms.

About Process Automation and Instrumentation Industry

The overviews, SWOT analysis and strategies of each vendor in the Process Automation and Instrumentation market provide understanding about the market forces and how those can be exploited to create future opportunities.

Important application areas of Process Automation and Instrumentation are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Process Automation and Instrumentation market. The market study on Global Process Automation and Instrumentation Market 2018 report studies present as well as future aspects of the Process Automation and Instrumentation Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.

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market segmentation

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The scope of Process Automation and Instrumentation Market report:

Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:

Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

North America [United States, Canada, Mexico]

Middle East & Africa [GCC, North Africa, South Africa],

South America [Brazil, Argentina, Columbia, Chile, Peru])

Industry chain analysis, raw material and end users information

Global key players information including SWOT analysis, companys financial figures, Laser Marking Machine figures of each company are covered.

Powerful market analysis tools used in the report include: Porters five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.

Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.

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Manufacturing Analysis Process Automation and Instrumentation Market

Manufacturing process for the Process Automation and Instrumentation is studied in this section. It includes through analysis of Key Raw Materials, Key Suppliers of Raw Materials, Price Trend of Key Raw Materials, cost of Raw Materials & Labor Cost, Manufacturing Process Analysis of Process Automation and Instrumentation market

Marketing Strategy Analysis, Distributors/Traders Analysis of Process Automation and Instrumentation Market

Various marketing channels like direct and indirect marketing are portrayed in Process Automation and Instrumentation market report. Important marketing strategical data , Marketing Channel Development Trend, , Pricing Strategy, Market Positioning, Target Client Brand Strategy and Distributors/Traders List

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Process Automation and Instrumentation Market from Key End-use Sectors to Surge in the Near Future - Cole of Duty

This detailed and well synchronized research report about the Factory Automation and Machine Vision market is the most significant, up-to-date, ready-to-refer research analysis that allows readers to draw substantial market specific cues that eventually remain crucial growth influencers in the Factory Automation and Machine Vision market , more specifically under the influence of COVID-19 implications that have visibly impacted normal industry process in multiple ways, leaving a trail of tangible implications.

This well-conceived, well-compiled and thoroughly documented research report on the Factory Automation and Machine Vision market is dedicated to offer a detailed output to mirror the impact analysis rendered by the COVID-19 outbreak since the turn of 2020. Thus, this thorough, meticulously crafted research report is in place to aid vital market specific decisions amongst relevant stakeholders who remain key influencers in directing favorable growth trajectory in the Factory Automation and Machine Vision market more specifically under the influence of COVID-19 outbreak and concomitant developments, affecting the Factory Automation and Machine Vision market in a myriad tangible ways.

This study covers following key players:Johnson Controls IncSiemens AgEmerson Electric CompanyABB LTDRockwell Automation IncHoneywell International IncEastman KodakGeneral Electric CompanyYokogawa Electric CorporationTeledyne Dalsa IncTexas Instruments IncSchneider Electric SA

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The report is mindfully designed to influence impeccable business discretion amongst notable stakeholders in the Factory Automation and Machine Vision market, comprising research analysts, suppliers, market players and participants, notable industry behemoths and the like who remain visibly influenced by the ongoing market developments especially under the influence of COVID-19 implications. The report is targeted to offer report readers with essential data favoring a seamless interpretation of the Factory Automation and Machine Vision market. The report also incorporates ample understanding on numerous analytical practices such as SWOT and PESTEL analysis to source optimum profit resources in Factory Automation and Machine Vision market.

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Market segment by Type, the product can be split into Information Technology SystemDistributed Control Systems (DCS)Supervisory Control and Data Acquisition (SCADA)Enterprise Resource Planning (ERP)Programmable Logic Control (PLC)Manufacturing Execution System (MES)

Market segment by Application, split into AutomotivePowerPharmaceuticalsFood processingOthers

The report in its subsequent sections also portrays a detailed overview of competition spectrum, profiling leading players and their mindful business decisions, influencing growth in the Factory Automation and Machine Vision market.In this latest research publication on the Factory Automation and Machine Vision market, a thorough overview of the current market scenario has been portrayed, in a bid to aid market participants, stakeholders, research analysts, industry veterans and the like to borrow insightful cues from this ready-to-use market research report, thus influencing a definitive business discretion.

Some Major TOC Points:1 Report Overview2 Global Growth Trends3 Market Share by Key Players4 Breakdown Data by Type and ApplicationContinued

Besides assessing details pertaining to production, distribution and sales value chain, this detailed research output on the key-word market specifically highlights crucial developments across regions and vital countries, also lending a decisive understanding of the upcoming development scenario likely to be witnessed in the Factory Automation and Machine Vision market in the near future.

Therefore, to enable and influence a flawless market specific business decision, aligning with the best industry practices, this specific research report on the Factory Automation and Machine Vision market also lends a systematic rundown on vital growth triggering elements comprising market opportunities and barrier analysis.

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Global Factory Automation and Machine Vision Market Expected to Reach Highest CAGR by 2025| COVID-19 Impact Analysis Top Players: Johnson Controls...

Pune, July 08, 2020 (GLOBE NEWSWIRE) -- The global industrial automation market size is expected to reach USD 296.70 billion till 2026 while exhibiting a CAGR of 8.4% between 2019 and 2026. This is attributable to increasing adoption of advanced technologies such as IoT and growing demand for robots in manufacturing industries across the globe. Fortune Business Insights, publishes this information it its latest report, titled Industrial Automation Market Size, Share & Industry Analysis, By Component (Hardware and Software), By Industry (Discrete Industry and Process Industry), and Regional Forecast, 2019-2026. The report further mentions that the market was worth USD 157.04 billion in 2018.

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The COVID-19 pandemic has led to severe repercussion owing to its widespread effects across several economies. Several industries are facing unprecedented losses owing to the lockdown announced by several governments across the globe that has resulted in the complete shutdown of the businesses. The crippling economy, however, is being revived through collective efforts from the government as well as the industries and is expected to bounce back in the coming years.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.Please visit: https://www.fortunebusinessinsights.com/industry-reports/industrial-automation-market-101589

Industrial automation involves the control of technological systems such as robots and computers to handle various processes and machines within a company. The adoption of automation eliminates any type of human intervention, while increasing the safety of the working personnel in hazardous scenarios at the workplace. Automation leads to increased productivity and efficiency as the robots can accurately perform a slew of operation in limited time. Additionally, there is a significant reduction in errors and waste owing to the adoption of automation in manufacturing industries.

What does the Report Include?

The market report includes a detailed assessment of the various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive research into the regional developments of the market, affecting the market growth during the forecast period. The report includes information sourced from the advice of expert professionals from the industry by our research analyst using several research methodologies for the market. The competitive landscape offers further detailed insights into the strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2019 and 2026.

DRIVING FACTORS

Increasing Adoption of IoT in Industrial Applications to Strengthen Demand

Fast-changing market dynamics and increasing need for enhancing productivity is enabling the companies to adopt modern technology such as IoT to efficiently optimize and monitor safety and productivity in their operations. IoT has paved way to accurately predict and monitor automation processes, maintenance problems, monitor human activity, and track inventory. In addition to this, the adoption of modern technology has propelled the companies to adopt sustainable manufacturing practices, while ensuring safety of the workers and products. For instance, according to the US Department of Labor, the injury rates have been drastically dropping over years owing to adoption of automation processes across several industries. Increasing adoption of IoT owing to technological advancement is expected to contribute to the growth of the global industrial automation market during the forecast period.

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REGIONAL INSIGHTS

North America to Lead Stoked by Increasing Demand for Advanced Robotics Technology

Among all regions, the market in North America is expected to gain momentum and hold highest global industrial automation market share during the forecast period. This is attributable to increasing demand for advanced robotics technology by the manufacturing companies. Owing to high level of production capability and lucrative business opportunities, the market in North America will witness significant growth. The market in Europe will witness steady growth during the projected horizon. This is ascribable to rising demand for IoT solutions to facilitate the automation process in major industries between 2019 and 2026.

COMPETITIVE LANDSCAPE

Mitsubishi Electrics New MELFA CR Robot Series to Augur Growth

In June 2020, Mitsubishi Electric announced the expansion of its MELFA CR series that consists of entry-level robots for low-to-medium complexity applications. According to the company, the new slim and long reaching articulated arm model with around 8 kg of load capacity is manufactured for small and medium-level enterprises that aids in significant cost advantage. According to Fortune Business Insights, the companies proliferating in the market are adopting strategies such as introduction of new products, merger and acquisition, and collaboration to cement their position and gain maximum of the global industrial automation market in terms of revenue during the forecast period.

List of the Leading Companies Operating in the Industrial Automation Market are:

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Detailed Table of Content

TOC Continued...!!!

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Industry 4.0 Market Size, Share and Industry Analysis, By Application (Industrial Automation, Smart factory, Industrial IoT), By Vertical (Manufacturing, Energy & Utilities, Automotive, Transportation, Chemical, Pharmaceuticals, Consumer Electronics, Metals, Others) and Regional Forecast, 2019-2026

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Industrial Automation Market Size to Hit USD 296.70 Billion till 2026; Increasing Adoption of Advanced Technology to Bolster Growth: Fortune Business...

With the evolution of increasingly sophisticated technology and artificial intelligence (AI) across the UK economy, many businesses are now considering the impact that automation could have on them.

The accountancy profession is no exception. When we recently surveyed UK accountants for their thoughts on the impact of automation and AI, we found that they are generally optimistic about the impact that new technology will have on the profession, with almost one in four accountants (24%) thinking automation and technology will cover all or most of their work within the next five years.

In fact, all respondents surveyed said they believed that at least some portion of accountancy work will be automated within the next five years, while 41% said that they did not expect to be doing the same day-to-day tasks at work in five years time. It is clear that, in some form or another, automation and AI is likely to continue to change the way accountants go about their roles in the coming years.

Saving time by automating repetitive administrative tasks is one of the main benefits that technology is having in the accountancy industry. Cloud accounting and bookkeeping software has already made a huge impact in helping both accountants and their clients to streamline this process and cut down on paper and this will only increase as technology becomes more innovative.

Small simple tasks require paperwork and endless data-entry, and they are the things that often get left to the end of the day or week. Not only does this take up a significant amount of time when workers eventually get around to them, but it can lead to unnecessary levels of stress and boredom.

Almost half (42%) of accountants surveyed said they thought they could save between 1-2 hours per day if their simpler work tasks and processes were automated, one in ten (10%) believed that automation could save them more than 4 hours each day, while just 3% said they didnt think automation would save them any time at all.

Freeing up time with automation is not only beneficial to them but can save a company a huge amount in hours for just one employee over a year. By simply eliminating mundane, time-consuming processes around simple tasks, automation can bring explosive change that truly has the potential to revolutionise accountancy as a profession.

With less time spent on admin and logging data, accountants then have time to focus on other aspects of the job including more consultative work, which will also bring significant benefits to their clients. In fact, the majority of accountants (70%) believe automation will provide them with more time to work with their clients and around half (51%) said that automation would save them from stress or boredom.

Many accountants believe that AI and automation will go a lot further than conducting simple admin tasks. Our poll found that 66% of accountants said they would feel comfortable offering additional advisory services such as financial planning and tax advice, brought about by advances in automation and technology while almost one in ten (8%) accountants would let artificial intelligence make senior management decisions for their practice. Interestingly, more than one in five (21%) said that, if it were possible, they would definitely run their practice without having to meet or deal with clients in person, while 23% said they would either maybe or definitely allow a robot to deal with their clients for them.

Our research suggests that some aspects of financial technology remain underappreciated, since almost three quarters (72%) of respondents said they did not think small business clients understood the concept of Open Banking or the benefits it could bring them. This indicates that more work needs to be done in order to fully inform the small business sector about the benefits that this framework will offer them in coming years.

However, accountants themselves appear to be more optimistic and knowledgeable about the legislation, with two thirds (66%) saying they thought Open Banking will have a positive impact on accountancy over the next five years, while just 3% thought it will have a negative impact.

Its a fairly turbulent time in the accountancy sector right now, with the UK economy in flux due to coronavirus and the fast-approaching end of the Brexit transition period.

Despite this, the insights from our survey show that while many accountants working in the UK today have a positive outlook on the work they do and the services they provide, they are simultaneously preparing to future-proof their careers. Perhaps even more importantly, these new frontiers of technology seem to be eagerly anticipated by those in the profession.

Forward-thinking attitudes will be crucial in shaping the landscape of the accountancy profession for years to come. Accountants who embrace technology to not only help them save time, but offer additional services to those they have done traditionally, are those that will be at the forefront of this recovery.

By Ed Molyneux, co-founder and CEO of FreeAgent

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How will AI and automation impact the role of accountants - Accountancy Today

Forrester acknowledged Cyara among the top providers in The Forrester Wave: Continuous Functional Test Automation Suites, Q2 2020 report, noting Cyaras go-to-market focuses on testing contact center applications that are modernizing delivery with Agile and DevOps.

REDWOOD CITY, Calif. (PRWEB) July 14, 2020

Cyara, provider of the award-winning Automated CX Assurance Platform, today announced that Forrester, a research and advisory firm that analyzes the impact of technologies, acknowledged Cyara among the top providers in The Forrester Wave: Continuous Functional Test Automation Suites, Q2 2020 report. The report notes that Cyaras go-to-market focuses on testing contact center applications that are modernizing delivery with Agile and DevOps, and it offers broad test automation capabilities.

According to a blog post by Diego Lo Giudice, report author VP and Principal Analyst at Forrester, being among the top 15 players in the market in a Forrester Wave evaluation is always a win. Why? Because the vendors are being compared with a peer group of test automation vendors that form, based on Forresters research, the top 15 performers among all.

The report states, vendors that can provide a smart, integrated suite with seamless access to an extended set of capabilities position themselves to successfully deliver faster, lower-cost, and smarter testing to their customers.

According to the report, Cyara has a leading position in the contact center testing space and suits clients that need to test contact center apps that are running on or migrating to cloud and part of a broader enterprise digital transformation that focuses on CX. Cyara received the highest scores possible from Forrester in both the Market Approach and the Partner Ecosystem criteria.

We believe Forresters inclusion of Cyara in the most recent analysis for continuous functional testing automation capabilities validates our work to create a powerful solution tailor-made for supporting flawless, omnichannel customer experiences, said Alok Kulkarni, CEO, Chairman and Co-founder of Cyara. Were proud to be recognized for what we consider to be our ongoing dedication to deliver automated CX assurance to contact centers, especially as businesses are challenged to keep up with increased volumes of digital transactions during COVID-19.

The Forrester Wave is an assessment of the top vendors in the CFTA market, which have been independently researched, analyzed and scored by Forresters team of industry analysts. The top 15 vendors included in the report were selected through extensive research of 31 vendors that participated in Forresters market landscape study on CTFA. The full report is here.

About Cyara As the worlds leading Automated CX Assurance platform provider, Cyara accelerates the delivery of flawless customer journeys across digital and voice channels while reducing the risk of customer-facing defects. Every day, the most recognizable brands in the world trust the Cyara Platform to deliver customer smiles at scale. For more information, please visit cyara.com.

Media Contact:Laura Asendio 925-271-822010Fold Communications for Cyara cyara@10fold.com

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According to a new report from Automation Alley in Troy, education and collaboration are the keys to implementing Industry 4.0. // Photo courtesy of Automation Alley

Education and collaboration are the keys to implementing Industry 4.0, according to the annual Technology in Industry Report by Automation Alley, which also is introducing a new livestream technology video series.

Automation Alley, Michigans Troy-based Industry 4.0 knowledge center and the World Economic Forums Advanced Manufacturing Hub for North America, released its report Monday. The main findings of the report include:

No matter where an organization is at along their Industry 4.0 transformation journey, says Automation Alley, the recommendation from the research is to:

It is important to note that this report was produced during the worst pandemic we have seen in our lifetimes, says Tom Kelly, executive director and CEO of Automation Alley. As painful and traumatic as the coronavirus experience has been, there are many lessons to be learned from this crisis. This report touches on those lessons from an Industry 4.0 standpoint. As our economy is healing from the shock, all business owners and executives must take stock of their own preparedness and put in place initiatives to overlay a digital mindset on their physical businesses.

The report is a free benefit for Automation Alley members and $95 for non-members. It can be accessed here.

Automation Alley also is introducing Industry 4.0 in Focus: A Livestream Series. It will consist of weekly, 30-minute episodes leading up to the Integr8 Industry 4.0 conference on Nov. 10 and will focus on different Industry 4.0 technology trends, case studies, and action items from the report. Topics will include:

As smart and connected technologies rapidly transform the way we do business, Automation Alleys goal is to help keep businesses in business by equipping organizations with the necessary knowledge to leverage the intersections of advanced technologies, systems and people to gain a competitive advantage, says Kelly. The report and the Industry 4.0 in Focus livestream series can jumpstart or accelerate industry on that digital path to strategic success.

To view the reveal of the Technology in Industry Report and more information on the Industry 4.0 in Focus: A Livestream Series, visit here.

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Automation Alley Report: Manufacturers Urged to Start Industry 4.0 Transformation - dbusiness.com

The latest report titled Global Robot Process Automation (RPA) Market Growth (Status and Outlook) 2020-2025 published by MarketsandResearch.bizis professional research that estimates market size, share, value, growth, trends during the forecast period 2020-2025. The report covers the analysis of trends, drivers, opportunities, key market players, supply, demand, profit, and many more. The report highlights historic and future trends information for competitors as well as global predominant vendors information. The research report encompasses major statistical evidence for the global Robot Process Automation (RPA) industry by offering readers a value addition on guiding them in encountering the obstacles surrounding the market. It examines the scope of different segments and applications that can potentially influence the market in the future.

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Global Robot Process Automation (RPA) Market 2020 Industry Segmentation, CAGR Status, Leading Trends, Forecast to 2025 - Cole of Duty

Electrical & Automation Market Forecast 2020-2026

The Global Electrical & Automation Market research report provides and in-depth analysis on industry- and economy-wide database for business management that could potentially offer development and profitability for players in this market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It offers critical information pertaining to the current and future growth of the market. It focuses on technologies, volume, and materials in, and in-depth analysis of the market. The study has a section dedicated for profiling key companies in the market along with the market shares they hold.

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Electrical & Automation Market Size 2020-2026 Review, Key Findings, Growth Strategy, Developing Technologies, Trends And Global Forecast By...

The Workload Scheduling and Automation Softwaremarket 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Workload Scheduling and Automation Software market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

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According to 99Strategy, the Global Workload Scheduling and Automation Software Market is estimated to reach xxx million USD in 2020 and projected to grow at the CAGR of xx% during the 2021-2026. The report analyses the global Workload Scheduling and Automation Software market, the market size and growth, as well as the major market participants.

Key Company Coverage(Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):

IBM

CA Technologies

ASG Technologies

Advanced Systems Concepts

Cisco Systems

Stonebranch

VMWare

BMC

BetterCloud

No. of Pages: 44

Development policies and plans are discussed as well as manufacturing processes and industry chain structure is analyzed. This report also states import/export, supply and consumption figures as well as manufacturing cost, global revenue and presents gross margin by regions like North America, Europe, Japan, China and other countries (India, Southeast Asia, Central & South America, Middle East & Africa etc.)

Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):

Cloud-Based

On-Premise

Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):

SMEs

Large Enterprises

The report focuses on Workload Scheduling and Automation Software Market major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. Whats more, the Workload Scheduling and Automation Software industry development Trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Major Points Covered in Table of Contents:

1 Industrial Chain Overview

2 Global Production & Consumption by Geography

3 Major Manufacturers Introduction

4 Market Competition Pattern

5 Product Type Segment

6 End-Use Segment

7 Market Forecast & Trend

8.1 Price and Cost

8.1.1 Price

8.1.2 Cost

Figure Cost Component Ratio

8.2 Channel Segment

9 Market Drivers & Investment Environment

9.1 Market Drivers

9.2 Investment Environment

9.3 Impact of Coronavirus on the Workload Scheduling and Automation Software Industry

9.3.1 Impact on Industry Upstream

9.3.2 Impact on Industry Downstream

9.3.3 Impact on Industry Channels

9.3.4 Impact on Industry Competition

9.3.5 Impact on Industry Employment

10 Research Conclusion

Main Aspects covered in the Report

Overview of the Workload Scheduling and Automation Software market including production, consumption, status & forecast and market growth

2016-2020 historical data and 2021-2026 market forecast

Geographical analysis including major countries

Overview the product type market including development

Overview the end-user market including development

Impact of Coronavirus on the Industry

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Impact of COVID-19 on Workload Scheduling and Automation Software Market 2020 Business Opportunities, Size, Share, Current Trends, Market Challenges...

Future Market Insights (FMI)s upcoming research study on the Global Datacenter Infrastructure Services Market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Datacenter Infrastructure Services Market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Datacenter Infrastructure Services market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the industrial automation & equipment industry. The Datacenter Infrastructure Services market is no exception. Following governments measures, particularly social distancing norms and shelter-in-place orders, companies active in the Datacenter Infrastructure Services market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of essential status caused a decline in sales.

The FMIs report covers an exclusive chapter on the initial COVID-19 impact on the Datacenter Infrastructure Services market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

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Datacenter Infrastructure Services Market: Segmentation

To analyze the Datacenter Infrastructure Services market effectively and efficiently, the information has been segregated into key segments and sub-segments.

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By Applications

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Datacenter Infrastructure Services Market: Competition Analysis

The FMIs study presents an extensive analysis of global, regional, and country-level players operating in the Datacenter Infrastructure Services market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Datacenter Infrastructure Services market report.

Key players covered in the report include:

Crucial Questions Answered in the Report

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Technological Innovations in Automation Projected to Boost the Growth of Datacenter Infrastructure Services Market 2020-2027 - Cole of Duty

The globalIndustrial Automation Control Marketis carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Industrial Automation Control market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global Industrial Automation Control market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Industrial Automation Control market. We have also focused on SWOT, PESTLE, and Porters Five Forces analyses of the global Industrial Automation Control market.

Leading players of the global Industrial Automation Control market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global Industrial Automation Control market. Furthermore, the report offers two separate market forecasts one for the production side and another for the consumption side of the global Industrial Automation Control market. It also provides useful recommendations for new as well as established players of the global Industrial Automation Control market.

Request sample copy of this report:https://www.reporthive.com/request_sample/2370555

Major Players:

Honeywell analyticsAMETEK Process InstrumentsABBDrager SafetySiemensDelphian CorporationRAE Systems (Honeywell)FLIROrbitalArmstrong MonitoringCalifornia Analytical InstrumentsIMR-MesstechnikDelta AutomationConspec Controls

Segmentation by Product:

Fixed Gas Monitoring SystemProtable Gas Monitoring SystemOnline Gas Monitoring System

Segmentation by Application:

EnvironmentalMedicalConstructionIndustrialOthers

Regions and Countries:U.S, Canada, France, Germany, UK, Italy, Rest of Europe, India, China, Japan, Singapore, South Korea, Australia, Rest of APAC, Brazil, Mexico, Argentina, Rest of LATAM, Saudi Arabia, South Africa, UAE.

Report Objectives

Table of Contents

Report Overview:It includes major players of the global Industrial Automation Control market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.

Global Growth Trends:This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the global Industrial Automation Control market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the global Industrial Automation Control market are discussed.

Market Share by Manufacturers:Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.

Market Size by Type:This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.

Market Size by Application:Besides an overview of the global Industrial Automation Control market by application, it gives a study on the consumption in the global Industrial Automation Control market by application.

Production by Region:Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.

Consumption by Region:This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.

Company Profiles:Almost all leading players of the global Industrial Automation Control market are profiled in this section. The analysts have provided information about their recent developments in the global Industrial Automation Control market, products, revenue, production, business, and company.

Market Forecast by Production:The production and production value forecasts included in this section are for the global Industrial Automation Control market as well as for key regional markets.

Market Forecast by Consumption:The consumption and consumption value forecasts included in this section are for the global Industrial Automation Control market as well as for key regional markets.

Value Chain and Sales Analysis:It deeply analyzes customers, distributors, sales channels, and value chain of the global Industrial Automation Control market.

Key Findings:This section gives a quick look at important findings of the research study.

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Impact of Corona on Industrial Automation Control Market Key Manufactures and Business Overview till 2026 | Emerson, Honeywell, Siemens - 3rd Watch...

Global Industrial Automation and Control Systems Market Size, Status and Forecast 2020-2026 report is based on comprehensive analysis conducted by experienced and professional experts. The report mentions, factors that are influencing growth such as drivers, restrains of the market. The report offers in-depth analysis of trends and opportunities in the Industrial Automation and Control Systems Market. The report offers figurative estimations and predicts future for upcoming years on the basis of the recent developments and historic data. For the gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approach. On the basis of data collected from primary and secondary research and trusted data sources the report offers future predictions of revenue and market share.

The Leading Market Players Covered in this Report are : ABB,Emerson Electric,Honeywell International,Kawasaki Heavy Industries,Mitsubishi Electric Corporation,OMRON Corporation,Rockwell Automation,Schneider Electric,Siemens .

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Impact of Covid-19 in Industrial Automation and Control Systems Market:The utility-owned segment is mainly being driven by increasing financial incentives and regulatory supports from the governments globally. The current utility-owned Industrial Automation and Control Systems are affected primarily by the COVID-19 pandemic. Most of the projects in China, the US, Germany, and South Korea are delayed, and the companies are facing short-term operational issues due to supply chain constraints and lack of site access due to the COVID-19 outbreak. Asia-Pacific is anticipated to get highly affected by the spread of the COVID-19 due to the effect of the pandemic in China, Japan, and India. China is the epic center of this lethal disease. China is a major country in terms of the chemical industry.

Key Businesses Segmentation of Industrial Automation and Control Systems MarketOn the basis on the end users/applications,this report focuses on the status and outlook for major applications/end users, sales volume, Industrial Automation and Control Systems market share and growth rate of Industrial Automation and Control Systems foreach application, including-

On the basis of product,this report displays the sales volume, revenue (Million USD), product price, Industrial Automation and Control Systems market share and growth rate ofeach type, primarily split into-

Industrial Automation and Control Systems Market Regional Analysis Includes: Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) Europe(Turkey, Germany, Russia UK, Italy, France, etc.) North America(the United States, Mexico, and Canada.) South America(Brazil etc.) The Middle East and Africa(GCC Countries and Egypt.)

Key Highlights of the Table of Contents:Industrial Automation and Control Systems Market Study Coverage:It includes key market segments, key manufacturers covered, the scope of products offered in the years considered, global Industrial Automation and Control Systems market and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of the type of product and applications.Industrial Automation and Control Systems Market Executive summary:This section emphasizes the key studies, market growth rate, competitive landscape, market drivers, trends, and issues in addition to the macroscopic indicators.Industrial Automation and Control Systems Market Production by Region:The report delivers data related to import and export, revenue, production, and key players of all regional markets studied are covered in this section.Industrial Automation and Control Systems Market Profile of Manufacturers:Analysis of each market player profiled is detailed in this section. This segment also provides SWOT analysis, products, production, value, capacity, and other vital factors of the individual player.

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Key Questions Answered: To gain insightful analyses of the Industrial Automation and Control Systems market and have a comprehensive understanding of the global market and its commercial landscape. Assess the production processes, major issues, and solutions to mitigate the development risk. To understand the most affecting driving and restraining forces in the market and its impact on the global Industrial Automation and Control Systems market. Learn about the Industrial Automation and Control Systems market strategies that are being adopted by leading respective organizations. To understand the future outlook and prospects for the market. Besides the standard structure reports, we also provide custom research according to specific requirements.

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Industrial Automation and Control Systems Market Global Briefing, Growth Analysis And Opportunities Outlook 2020 To 2026 - 3rd Watch News