Reevaluating the Conversation on Automation and the Future of Work – Georgetown Public Policy Review – Georgetown Public Policy Review

Introduction

As the world continues to advance technologically, more and more jobs become susceptible to automation, with machines completing tasks formerly undertaken by people on an increasing scale. Automation is widely hailed as a cost-effective, efficiency-oriented solution for businesses, which can use technology to greatly reduce instances of human error in their work, speed up production, and cut long-term costs. As automation has grown, a debate about its implications for the future of work has emerged too.

The debate on automation

The automation debate generally centers around the extent to which automation will affect workers in the future. Among economists, there is a general consensus that automation is a key contributing factor to societal inequality, with associated job loss outweighing any negative externalities to workers from trade or immigration. These economists argue automation will lead to mass job losses in the coming decades and, while new jobs will certainly be created, the rate at which they are created will not be sufficient to offset the losses caused by automation.

The more repetitive the tasks associated with a particular job, the easier those tasks are to map and replicate with technology.

This statement rings true for a wide range of jobs, whether traditionally blue collar or white collar, including factory, assistant or secretarial, and even legal and financial work. The jobs safest from automation are managerial or executive positions. Hence, economists claim, the jobs most susceptible to automation are those predominantly held by members of the lower and middle classes, whereas the wealthiest members of society hold the safest jobs. Research from the Economic Policy Institute supports these claims; though worker productivity is on the rise due to automation, wages have stagnated.

Echoing economists assertions, those working in the technology or tech-adjacent industries are well aware of the power automation wields. A recent report by the research firm Forrester estimates that over 1 million knowledge-work jobs jobs that require working with information rather than performing manual labor will be lost in 2020. However, the report also estimates that 331,500 net human-touch jobs requiring intuition, empathy and physical and mental agility will be added to the US workforce this year. Thus, industry experts claim jobs requiring creative thinking, adaptability and human emotion will be more highly valued. While there will always be a sufficient volume of jobs available to the public, the jobs of the future will look different from those available today. As such, a significant portion of workers will require training in new skills.

Within academia, scholars appear split on the implications of automation for workers. Existing scholarly literature on the topic generally falls into one of three camps: optimistic, pessimistic, and somewhere in between. Optimists envision a future in which existing work will either be abolished at no cost to workers due to (universal) basic income programs or supported by new technologies which will allow humans to work even more productively.

Pessimists, on the other hand argue that, while society is headed toward a post-work future, with large swaths of existing human jobs becoming obsolete, there is no indication that workers will be protected. They point to a rise in offshoring and the existence of large, exploitative organizations that provide poor wages, working conditions, and benefits to many of their workers.

Scholars between the optimists and pessimists argue that their peers analyses are gross oversimplifications of the issue at hand. They acknowledge automation is an important issue for society, researchers should continue to study its projected impact, and policy leaders should take action to ensure future job security for workers. However, they reject that automation will have a completely transformative effect on the economy.

Finally, politicians appear divided on the issue of automation and its impacts, and not just along party lines. Due to Andrew Yangs 2020 presidential campaign, the issue has garnered some additional attention this election cycle. Yang has made the issue a cornerstone of his campaign, arguing that the United States must stop denying the effects of automation and implement 21st-century solutions such as universal basic income to address these effects.

In contrast, Senator Elizabeth Warren, argues the idea of automation causing job insecurity is a good story, except its not really true. Warren, instead, points to harmful trade policy as the main culprit behind American job insecurity. Other 2020 Democratic candidates fall on a spectrum between Yang and Warren with regard to their stances on automation and the future of work, with Pete Buttigieg emphasizing the importance of education programs in the face of increased automation and Senator Bernie Sanders proposing guaranteeing federal jobs for workers displaced at the hands of automation.

Takeaways from the debate on automation

The sheer variety of voices in the loud and lively debate regarding the impact of automation on the future of work makes identifying the problem, developing a robust understanding of the problem and formulating an appropriate response difficult. Furthermore, there is a lack of forward-looking data, meaning predictive models are built using past trends. Since researchers cannot predict the future, they must rely on existing political theories, models, and anecdotal evidence to formulate their arguments. Many studies thus end up either overly broad or narrow in focus, often lacking evidence-based approaches. For instance, much of the existing literary works on automation and the future of work display inherent political bias on the part of their authors, as evidenced by their overt optimistic, pessimistic or neutral undertones.

On the other hand, economists assertions, while evidence-based, rely on general productivity and growth models, failing to zero in on the effects of technology in the workplace specifically. Proving causation between technological advancement and job security using these models is difficult due to the number of potential confounding variables, such as trade, that could exist. Industry specialists have the opposite problem: while it is easier to demonstrate the impact of technology through industry practices by working directly with organizations to conduct studies, the conclusions drawn from these studies often lack external validity due to their relatively narrow approach, which is heavily reliant on the particular clients with which they work, and therefore cannot be easily generalized.

Finally, most politicians lack of academic or industry experience relating to automation precludes them from convincingly articulating what it means for the future of work. Nevertheless, politicians have campaigns to run and in the absence of a general consensus on the impact of automation on job security can point to various studies and assertions to spin existing information in their favor. Until a new, evidence-based method for evaluating the relationship between automation and the future of work is introduced to the automation-job security debate, existing stakeholders will continue to talk in circles. The problem is in the event that automation does progress enough to the point where tangible, associated job loss occurs, it may be too late to take key preventative policy actions in the future, due to the exponential nature of technological development.

Where do we go from here?

The effect of automation on the future of work is notoriously difficult to study, due to the various angles taken by those examining this relationship and the lack of data regarding the ever-evolving prevalence of technology in the workplace. The best way to remedy the extant information gap, which, if filled, would allow for more robust analysis of the relationship between automation and workforce development, is to examine the relationship by designing real-time experiments. One researcher, Benjamin Shestakofsky, designed such an experiment: a 19-month long study at a software firm to test how relations between workers and technology evolved over three phases of the companys development. The results of the study showed that despite increasingly automating its own processes, the firm opted not to perfect its software algorithms to continuously push people out of the production process and instead continually reorganized to allow humans to work with the software. The study suggests that automation is not necessarily detrimental to workers.In order to better understand the aggregate effects of automation on the workforce, studies like Shestakofskys need to be replicated on a larger scale and a longer-term basis, controlling for factors such as regional differences, company culture, and so forth. Doing so will allow researchers to reach causal inferences/conclusions and translate them into meaningful conclusions about what automation means for the future of work.

Cover picture source: Mixabest | Wikimedia Commons

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Reevaluating the Conversation on Automation and the Future of Work - Georgetown Public Policy Review - Georgetown Public Policy Review

What will drive the future of automation? – Essential Install

Cliff Stammers, of Clever Rooms, automation and programming veteran, Crestron master programmer and EI regular commentator, sums up his views on the future of automation.

There can be little doubt that the concept of automation is here to stay. To my mind, this is a solid fact. Automation has now become embedded in architectural and electronic system designs on a regular basis. More and more I am seeing the demand for solutions that our industry provides increase with each project for which I write control software.

Whats more is that it is not limited to just one or two sectors anymore. Automation systems, so commonly the domain of the corporate market, have in the last decade become more prevalent in residential and marine projects right across the board.

But much more recently weve all seen a huge proliferation of the concept in many building and renovation projects in areas like education, medicine and broadcast, to name just a few examples. This is largely because of the acceptance of our work by 240v Mechanical and Electrical (M&E) companies, who have finally come to recognise that what we do is not just insignificant Low Voltage fluff and nonsense, but actually might be quite useful after all.

Or to be more accurate: that what we do might actually be a revenue stream that M&E design consultants have so far left untapped.

Developments?

But what are the more significant actual developments in terms of the infrastructure of what we do? Well, Id suggest that more than anything else over the last few years the development of HD and 4K video distribution over an IT network has been among the significant game changers to affect our work.

Together with DANTE, pretty much the audio equivalent of this, to be able to distribute non-latency high resolution, multiple channels of audio and video across a fairly standard single gigabyte IT network is a powerful advancement.

To consolidate this into a package that we can deliver as a service to our clients is something that will help us each drive our businesses into this coming new decade, and it goes to underline the binding of AV to IT that has also so fundamentally affected our work in recent years.

The other thing that is really gathering pace right now, isremote access to systems. Software such as TeamViewer, or AnyDesk are making iteasy to diagnose, and to a very large degree, go ahead and fix issues withtechnology from afar. Conferencing software such as Zoom and Microsoft Teamsare also enabling the proliferation of these concepts as well.

Im noticing that clients have very specific ideas about what they want from their systems. Which is, in my opinion, a really useful thing as it goes some way to eradicate a lot of the grey areas that used to exist. So long as the brief is well documented, and well designed to which managing the clients expectations is a fundamental part then a clear goal is always a much easier target than one shrouded in mist. Most clients will have visited premises where an automation system is installed.

They will subsequently have formed ideas about what they want from theirs. Comparatively, a decade ago this may not have been the case, as our work was less common then that it is now.

Which meant that often, a lot of what we were trying to deliver was more enigmatic and, therefore, subject to less definition and overall certainty than exists today.

Finally, areas in which our work could conceivably develop would include the proper implementation of voice recognition. Lets be honest; it hasnt quite worked has it.

How many times have you caught yourself shouting at your smart speaker of choice? Turn the ****ing lights ON, Alexa! This is not the recommended behaviour for a grown person to adopt and not the way we want people to think of smart technology.

Another concept that I think will certainly be big news in the year ahead is virtual reality. Coupled with augmented reality, these are going to be very influential tenets of our business as users seek out interesting and intuitive angles to set their systems apart from others.

And there shall also be unique and compelling marketing points for any company looking to establish itself outside of the norm. Although Id suggest doing that is at your peril!

If I can be of assistance in any way, contact me at cliff@cleverrooms.co.uk

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Home Working Causes Bosses to Increase Automation – DIGIT.FYI

Business owners around the world are increasingly looking to automation to keep their businesses running as staff work at home during the coronavirus outbreak.

According to data collected by EY, 41% of survey respondents say that they are preparing for a post-crisis world by investing in automation for their businesses.

In a nine day period, 477,000 people across the UK applied for universal credit due to job losses from COVID-19. The loss of staff has left many businesses low on the necessary manpower required for them to run.

Steve Krouskos from EY said: The human cost is the most tragic aspect of this crisis, not only in terms of the lives lost, but also the number of livelihoods at risk.

As business leaders respond with urgency to the unprecedented impact that Covid-19 is having globally, workforce welfare and job preservation will be at the top of their minds.

43% of the 2,900 executives surveyed said they expected business to return to normal by the third quarter of 2020. But, until then, 73% said Covid-19 would have a severe impact on the global economy.

The survey also found that most companies were already planning major transformation before COVID-19. Once the county returns to normal, they would focus on new investment in digital and technology.

Krouskos continued: Business leaders are seeing their transformation plans paused or slowed currently. With these plans set to restart, possibly with added energy, once the situation stabilises, executives will have to make faster moves to reimagine, reshape and reinvent their business and create long-term value.

Recommended

As business processes begin to change across the world due to the advancement of technology and more people begin working from home, many employers and employees are unprepared for the challenges brought on by coronavirus.

A recent poll of 14,500 working professionals by recruiting company Hays showed that, in 2019, two in five employees did not have the correct qualifications for their roles, and businesses were unprepared for staff having to potentially work from home or rely on automation to continue working.

The data also revealed that that more than half of employers across all sectors have a workforce that lacks digital skills. Despite more than a third of Generation Z, 32% of men and 21% of women, believing that they are technology experts, 41% of employees and 30% of employers say providing support with training and upskilling is the most important way for a business to prepare for automation.

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Load.ng commits to leveraging Tech for Bitcoin to Naira Exchange Automation. – Techpoint Africa

Load.NG, an e-Commerce platform that allows users to convert bitcoin (BTC) to cash in nigeria naira (NGN) says it is committed to providing solutions with regards to BTC to NGN Software Automation in the country.

Tunde Aderemi Ibrahim, the founder of LoadNG Automated Systems http://www.load.ng says the fully automated Bitcoin Exchange e-commerce platform ensures customers are paid the same second their sell bitcoin transaction completes with its sophisticated paxful, blockchain and other wallet bitcoin buying system, adding that such feat has seen the recently launched company process more than 3000 successful transactions since launch.

Tunde Buremo maintains that the focal point of the LoadNG innovation is trust as he recounts the companys favorite pitch: Trust is Gold as a watchword for Nigerias first fully automated bitcoin buying system, LoadNG. When a customer sells Bitcoin, all he wants at that moment is Naira, the automation of LoadNG ensures a zero wait time he says.

The innovative system allows Nigerian Bitcoin traders who trade mostly on the Paxful and Blockchain platforms to solve the issue of having to stand the numerous risks associated with converting bitcoin to Naira as it stands as an answer to the frequent question of how to convert bitcoin to cash in Nigeria?. The fully automated system also includes a bills payment platform for Nigerians to buy data, buy airtime and pay other bills using cryptocurrency.

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LoadNG is one of the solutions of IBCdesign Digital Services Limited, an ICT company which also recently launched its branding brainchild LogoNG and has been described by industry watchers as one of the most innovative ICT firms in Nigeria and Africa.

Speaking at the launch of the new service at the Wennovation hub in Ibadan, Tunde said the companys solutions are tailored towards solving local problems with technology and LoadNG is just a perfect description of salvaging the bitcoin to naira exchange need of Nigerian ecurrency trading enthusiasts with a platform where btc to naira conversions are made swiftly, securely and automatically.

The team at LoadNG believes that it is high time we started creating local solutions to solve local problems with technology, when that is done, wed be said to have utilized the internet technology the right way, said Adepoju Segun Oluwaseyi at the launch of the mobile app on google playstore in January 2020, the head of service delivery who further noted that one of the major challenges facing the countrys eCommerce sphere is lack of trust in indigenous companies and reiterates how LoadNG have employed a responsive round the clock customer support system to change that narrative for good.

The eCommerce Cryptocurrency Exchange Company anticipates to have incorporated various other related solutions in five years.

Nigerian startups raised $377m in 2019, more than twice what they did in 2018. Find out more when you download the full report.

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Load.ng commits to leveraging Tech for Bitcoin to Naira Exchange Automation. - Techpoint Africa

news digest: Automation Anywhere’s Bot Security, Linux 5.6, and the IntelliSense Code Linter for C++ – SD Times – SDTimes.com

Automation Anywhere has launched the Bot Security program . The Bot Security program introduces a flexible, multi-tiered framework to certify that bots built by customers, partners, and publishers of bots on Bot Store are pre-certified and trusted to scale RPA more rapidly and securely.

Bot Security includes four levels of protection: malware scan; self-attestation and developer training; threat model and static analysis; and penetration testing to address the most stringent security concerns.

Providing secure deployment of RPA across our platform gives assurances to developers, partners, and organizations who want to implement automation technology to mitigate business risk during this pandemic while ensuring business continuity, said Prince Kohli, the chief technology officer of Automation Anywhere.

Linux 5.6The Linux 5.6 kernel was released with WireGuard, USB4, New AMD, and Intel hardware support.

Linux 5.7 is now open for the landing of new feature work for the next two weeks, and the developers behind the project said that they are currently assuming a fairly normal 5.7 release.

Additional details are available here.

The IntelliSense Code Linter for C++Microsofts new IntelliSense Code Linter for C++ is a preview feature that aims to help C++ developers identify and fix code defects as they write code.

The IntelliSense Code Linter for C++ checks your code as-you-type, underlines problems in the editor, and Lightbulb actions offer suggested fixes, according to Microsoft.

The new linter is still a work in progress, but Microsoft plans to add new configuration, suppression, and integration features to it.

Additional details are available here.

DevOps Institute announces Open Testing programThe Open Testing program removes formal prerequisites to allow those who already possess the skills, knowledge, ideas and learning experience to gain direct access to DevOps Institutes portfolio of certifications.

We still strongly believe that participation in structured and instructor-led courses through one of our accredited Global Education Partners is the best path to gaining the knowledge necessary to pass the examination and provide real-world value to your organization, said Jayne Groll, the CEO of the DevOps Institute. However, we also recognize that todays Humans of DevOps may learn in many ways, from many sources, particularly under the daily constraints of the current health crisis.

Examinations that are now open for the program include DevOps Foundation, Site Reliability Engineering (SRE) Foundation, DevSecOps Engineering, DevOps Leader, DevOps Test Engineering, and Continuous Delivery Architecture. Additional details on the certifications are available here.

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news digest: Automation Anywhere's Bot Security, Linux 5.6, and the IntelliSense Code Linter for C++ - SD Times - SDTimes.com

COVID-19 Pandemic Pushes Logistic Automation up the Agenda – Sea News

Mobile Robots and Autonomous Vehicles:

Last week Amazon announced that it planned on hiring 100,000extra workers to meet the rise in demand for online shopping created byCoronavirus-caused shutdowns and social distancing. On 19 March 2020, unionssaid workers were demanding that Amazon takes their lives seriously. The nightbefore a facility in Queens, NY, had been closed for deep cleaning after anemployee tested positive for the virus.

There are reports that some Amazon warehouse workers inItaly and Spain have tested positive. In France, several hundred Amazon workersprotested to demand better measures to protect their safety. In Italy, therehave been calls for a strike. This and similar developments once again bringinto focus the motivation, and at times the imperative, to increase automationin the logistics and delivery chain.

IDTechEx have been examining the technological and commercial trends in this field for several years. Their report Mobile Robots, Autonomous Vehicles, and Drones in Logistics, Warehousing, and Delivery 2020-2040 focuses on automation of movement in every step of the logistics and delivery chain ranging from a warehouse or a factory to the delivery of goods to the final customer destination.

This landscape and therefore, the scope of the report includes the following:

The emerging technology research firm finds that this market in total will reach $81 and $290 billion in 2030 and 2040, respectively.This is a colossal transfer of value from wage expenses to a combination ofcapital investments and service subscription to autonomous robots of varioustypes. This staggering headline is, of course, very large, and hides the keyindividual trends characterizing each technology and use case. In the remainderof this article, IDTechEx analysts seek to highlight the key trends.

Goods-to-personautomated carts/robots

Large fleets of robots are already deployed to help automatethe goods-to-person step in many fulfilment centres. These robots move rackswithin robot-only zones, bringing them to manned picking stations.

This is a fast-growing market space. The landscape was seton fire when Amazon acquired Kiva Systems for $775M in 2012, thereby leaving agap on the market. Today, significant well-funded alternatives such as GeekPlus(389$M), GreyOrange (170$M), and HIK Vision ($6Bn revenue) have emerged,achieving promising and growing deployment figures. The number of start-ups hasalso increased, especially within the 2015-2017 period.

IDTechEx forecasts the annual unit sales to double within six years. Despite the large deployments already, they assess the real global inflection point to arrive around 2024 beyond at which point the pace of deployment will dramatically accelerate. Indeed, the research firm forecasts that between 2020 and 2030, more than 1 million such robots will be sold accumulatively. It is, therefore, an exciting time.

Collaborativeautonomous mobile robots

Another major trend is the use of autonomous mobile robotsand vehicles. Autonomous mobile robots are emerging, which offerinfrastructure-independent navigation in defined indoor environments. Theserobots boost productivity and enable many hybrid human-robot interaction modes.They can also bring automation to warehouses and fulfilment centres which werenot specifically designed and built to support robotic goods-to-person.

The technology is enabled by better SLAM algorithms. Thealgorithms based on different sensors, including stereo camera and 2D lidars are evolved enough to handle safe autonomous navigation within manystructured indoor environments with a high degree of control andpredictability.

The technology options however are still many, and choiceshave long-lasting strategic consequences. The business models are also variousand evolving. Some are offering their technology as RaaS (robot as a service).

There have also been some notable recent acquisitions.Amazon acquired a company focused on camera-based navigation, which wouldenable object detection and classification, and thus more intelligentnavigation. Shopify acquired a firm with a full solution, including the entiresoftware stack. Overall, the IDTechEx report Mobile Robots, AutonomousVehicles, and Drones in Logistics, Warehousing, and Delivery 2020-2040forecasts that more than 200k robots could be sold within the 2020-2030 period(this figure includes those that can perform picking of regularly orirregularly shaped items).

The report Mobile Robots, Autonomous Vehicles, and Drones in Logistics, Warehousing, and Delivery 2020-2040 provides a comprehensive analysis of all the key players, technologies, and markets. It includes technology roadmaps and twenty-year market forecasts, in unit numbers and revenue, for all the technologies outlined at the beginning of the article (13 forecast lines). It offers a twenty-year model because IDTechExs technology roadmap suggests that these changes will take place over long timescales. In their detailed forecasts, the report clearly explains the different stages of market growth.

Mobile Picking Robots

Picking or grasping technology is an essential component ofwarehouse automation. Today, many firms and research groups are deploying deeplearning to enable robots to pick novel and irregularly shaped items rapidlyand with high success rates.

A limited number of firms have integrated picking arms onmobile platforms. Today, these mainly pick box-shaped items in knownenvironments. However, progress will bring these technologies to more varieditems. It will also allow better integration of the robotic arm with the mobileplatform.

In the short term, more learning is required. However,recent advances on the algorithm side suggest that progress will be rapidalthough the algorithms will need to achieve not just high rates but alsohigh-speed to drive down the ROI on these tools. In the very long term though, IDTechExforecast that 36% and 38% of AMRs in warehouses sold in 2040 will be able topick regular as well as irregular-shaped items, respectively. This pointstowards a major long-term technology transformation, requiring automationbeyond just autonomy of movement. IDTechEx Analysts consider this a majortechnology development opportunity.

Autonomous forkliftsand other industrial vehicles

Autonomous forklifts and tugs are emerging onto the market.The navigation technology has progressed significantly. Naturally, the cost ofautonomous forklifts is higher, but the claimed ROI by many suppliers is within12-18 months. The cost includes the installation and maintenance as well as thecost of the autonomous sensor suite, traction control and drivers, and thesoftware, which can be amortized over a growing deployed fleet. Overall, priceparity on an annual operational cost basis is nearly at hand in some high wageterritories.

The unit sales here can reach 1.8k in 2020, which seems ahigh number but still small relative to the addressable market. Over the past1.5 years, however, this market has also entered the early stages of its growthphase. Analysis and interviews conducted by IDTechEx suggest that inflectionpoint is likely to be reached around 2025-2027. After this point, they projectthe sales to grow, already exceeding 100k units by 2030. Note that IDTechExgenerally develops 20-year forecasts for autonomous mobility as the technologywill inevitably take time to be rolled out.

Long-haul truck delivery

Long-haul trucks are a prime target for autonomous mobility.This is because autonomous mobility can address many industry pain-points andbecause there is a clear commercial case, unlike passenger vehicles. The firstpain point is that there is a shortage of drivers, which could increase to 160kper 2028 in the USA. The second pain point is the operating cost, this isbecause wages are high, and likely to go up given that demand outstrips supply.Safety requirements limit the number of uninterrupted hours a driver can spendon the road, limiting the productivity of the asset. Finally, the longstretches of highway lend themselves well to autonomous mobility, unlike thechaotic conditions in dense urban driving.

IDTechEx has carefully analyzed the companies and technologies behind autonomous trucking. Their report Mobile Robots, Autonomous Vehicles, and Drones in Logistics, Warehousing, and Delivery 2020-2040 offers deep technology analysis and granular market forecasts. It is plausible that the deployed trucks could exceed 1300 units by the end of 2020; this is still a small number but shows the direction of travel. The report finds that the deployment of level-4 autonomous trucks will grow slowly until 2025, after which point the growth has the potential to rise rapidly. IDTechExs estimate suggests that the market could reach 550k level-4 units/year by 2030. Their roadmap suggests that level-5 will remain virtually non-existent for another decade and will only grow beyond 2030. The full 2020-2040 forecasts, segmented by autonomy level is available on http://www.IDTechEx.com/Mobile.

Last-mile deliveryvans and side-walk robots

This is an interesting technological frontier. The cost oflast-mile delivery is often 50% of the total cost. As such, there is a strongcommercial incentive to automate this step to boost productivity. There are twoapproaches: on-road last-mile delivery vans or pods and side-walk robotic.

The on-road vans and pods share many technologicalchallenges with other on-road autonomous vehicles. The difference however, isthat they can operate in limited well-mapped and known-environments and thatthey can potentially travel at low-speeds. They also will not have passengerson-board, simplifying some of the safety challenges.

IDTechExs report identifies and profiles the key companiesactive in this field. They analyze the technological progress, challenges, andinnovation opportunity. The report develops short-, medium-, and long-termmarket forecasts segmented by level of autonomous. It finds that package (orsimilar) delivery vans and pods will be deployed in small number until 2026.Indeed, the annual deployments will remain below 3k units/year until 2026. Themarket growth for level-4 vans/pods will then accelerate, especially from 2027onwards. Level-5 mobility will onlyarrive from 2032 onwards and even then, only in small numbers.

The side-walk robots have their own unique design andtechnology challenges. The economics underpinning their business cases are alsodifferent. The key for them is extending the autonomy level of the side-walkrobots to a point where very large fleets with a very small number of remotehuman teleoperators can be deployed.

Here too, despite the progress, the deployment will remainsmall in the short term. IDTechEx forecast that annual deployment will remainaround or below 3k unit/annually until 2024, their model however projects ahump in 2025. This is likely because the technology will have reached enoughmaturity to prove its business case and also to address many of the edge pointsin its autonomous navigation. The market has the potential to then rapidlyaccelerate to 30k units/year by 2030. The costs will, of course, be lowespecially as the camera and lidar costs (if lidar is deployed) will bedramatically reduced and the fleet-to-operator ratio driven up. The money asforecast in the report will be in the services which scale with theaccumulated fleet size and utilization rate thereof.

This report Mobile Robots, Autonomous Vehicles, and Dronesin Logistics, Warehousing, and Delivery 2020-2040 provides a comprehensiveanalysis of all the key players, technologies, and markets. It offerstechnology roadmaps and twenty-year market forecasts, in unit numbers andrevenue, for all the technologies outlined above (13 forecast lines). It buildsa twenty-year model because IDTechExs technology roadmap suggests that these changeswill take place over long timescales. In the detailed forecasts, the researchfirm clearly explains the different stages of market growth and outline the keyassumptions/conditions as well as data points that underpin the model.

Sea News Feature, March 30

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COVID-19 Pandemic Pushes Logistic Automation up the Agenda - Sea News

Robotic Process Automation (RPA): Is It Recession Proof? – Forbes

Robotic process automation concept with hand pressing a button on a technology screen

Recession seems all but inevitable, as stocks have plunged to bear market levels.Yet there are certain industries that could be insulated.There will also likely be changes in consumer and business behavior that will be lasting.

No doubt, it seems like video conferencing and remote work will become increasingly mainstream. But there are other corners of the tech industry that could be poised for transformations.One is actually Robotic Process Automation (RPA).

"RPA can help save an organization money by automating any repetitive task that a human does with keyboard and mouse, as well as tasks in legacy systems that can't be accessed via APIs and Web Services, said Vadim Tabakman, who is the Director of Technical Evangelism at Nintex.RPA bots accelerate low-hanging fruit processes in every business like opening email and attachments, filling in forms, reading from and writing to databases, making calculations, collecting social media statistics, and extracting data from documents, all very quickly.

Such capabilities are likely to be essential as companies struggle. If anything, there may be a dramatic boost in adoption of RPA.

The RPA industry is at an inflection point right now because economic uncertainty makes efficiency, accuracy, andabove allmaximizing human intellect critical to survival and growth, said Kyle Kim-Hays, who is the CMO of Softomotive.Specifically, RPA will move increasingly from the back office and IT-focused tasks, to the front office and attended use case scenarios where business end users directly invoke and monitor automated tasks.So, RPA will become democratized as more people incorporate it into their day-to-day activities.

But RPA is not just about efficiency.It can help with improving customer experiences, which will be essential in retaining revenues. Current Automation Anywhere customers are already increasing investments to increase ROI and potentially hedge against a declining economy, said Prince Kohli, who is the CTO of Automation Anywhere.

Pat Geary, the Chief Evangelist at Blue Prism, agrees.As long as economic uncertainty runs high, and companies face even greater pressure to keep profits strong without incurring costs, RPA vendors will thrive. We provide the operational agility to do more with less through automation. When companies can automate manual processes at scale, they can redeploy workers and focus on more strategic business initiatives, ones that will help them weather the storm that may come.

As is the case with any technology, RPA is not a cure-all.It certainly has its disadvantages, like high license costs and difficulties with scaling.Successful implementations also require a strong focus on change management within the enterprise.

We are hearing from our clients that RPA/digital workforce has some significant benefits for an economic downturn and many have little to do with the actual technology, said Tim Kulp, who is the Vice President of Innovation & Strategy at Mind Over Machines.The process to build a bot requires detailed process documentation that provides people a chance to examine business as usual with a new set of eyes and eliminate waste in the process.

Tom Thaler, who is the senior product manager for ARIS at Software AG, believes that RPA has the danger of only showing short-term results.This is why he recommends a comprehensive strategy, which includes:

During recessions, CEOs generally favor technology from companies with strong balance sheets and broad-based solutions.And this will likely to be the case with RPA.So yes, Microsoft should do quite well, especially since it has been forward-thinking with its own automation platform.

Then there are mid-size operators, like Appian, which should gain more traction.The company, which has been around for over 20 years, has a hefty cash balance, is publicly traded and has a full-suite of automation applications.

We are a one-stop shop for the modern workforce, said Matt Calkins, who is the CEO of the company.While RPA is a pretty good option for efficiency, it still does not handle exceptions well.This is why you need an integrated solution, such as with business process management, workflow, AI and case management.

Keep in mind that this week the company announced a host of new features, including:

In other words, RPA must go beyond just task automation.There must be a broader approach.

The fourth industrial revolution (4IR) is disrupting every industry but it also represents a major opportunity to address these very needstaking advantage of new technologies from data and analytics to RPA, said Mohamed Kande, who is PwC's Vice Chair, US and Global Advisory Leader.4IR investments can help companies weather any downturn while also positioning them to emerge stronger. And business leaders agree. Based on a recent survey we conducted, 63% of business leaders believed that 4IR technologies will provide protection against an economic downturn.

Tom (@ttaulli) is the author of Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems.

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Robotic Process Automation (RPA): Is It Recession Proof? - Forbes

How AI+Automation Can Transform Tedious Office-Tasks? – Analytics Insight

Artificial Intelligence (AI) technologies are promising to transform the forefront of many business operations. The technology is proving itself evidently beneficial in revolutionizing the workplace culture as well. AI tends to guide, organize and automate work while improving staff efficiency and productivity. Specifically, when AI is blended with automation, it maximizes the company profits by utilizing the minimum manpower yet in a right and creative manner. The technical improvements brought in by them contribute to the management of several tasks in the office that are achieved effortlessly and employees work becomes less tiring.

Artificial intelligence (AI) will be widely adopted in office environments in a variety of ways over the next few years as businesses invest in digital workplace initiatives, said Gartner analysts in their 2019 analysis. The trend is expected to gather steam as voice-activated personal assistants that have proved a hit at home begin to make inroads in the office.

By 2025, the technology will certainly be mainstream, said Matthew Cain, vice president, and distinguished analyst at Gartner even though privacy and security concerns have limited deployments so far. Cain was among the analysts who spoke at Gartners Digital Workplace Summit.

Gartner has separately predicted that consumer and business spending on smart speakers will pass $3.5 billion in 2021, with 25 percent of digital workers using an AI assistant on a daily basis within the next two years. A number of companies have already deployed the technology, though WeWork reportedly put its Alexa for Business deployment on hold last year.

The New York Foundling which is a charity that offers child welfare, adoption, and mental health services, was stuck in cut-and-paste hell in 2018. The clinicians and admin staff were spending hours transferring text between different documents and databases to meet varied legal requirements. Arik Hill, the charitys chief information officer, blames the data entry drudgery for an annual staff turnover of 42 percent at the time. We are not a very glamorous industry, says Hill. We are really only just moving on from paper clinical records.

Since then, the New York Foundling has automated much of this grunt work using what are known as software robotssimple programs hand-crafted to perform dull tasks. Often, the programs are built by recording and mimicking a users keystrokes, such as copying a field of text from one database and pasting it into another, eliminating hours of repetitive-stress-inducing work. It was mind-blowing, says Hill, who says turnover has fallen to 17 percent.

To automate the work, the New York Foundling got help from UiPath, a so-called robotic process automation company. That project didnt require any real machine intelligence.

But in January, UiPath began upgrading its army of software bots to use powerful new artificial intelligence algorithms. It thinks this will let them take on more complex and challenging tasks, such as transcription or sorting images, across more offices. Ultimately, the company hopes software robots will gradually learn how to automate repetitive work for themselves.

In other words, if artificial intelligence is going to disrupt white-collar work, then this may be how it begins.

When Matt Radwell, a customer support officer for a small local authority in the UK, first started answering queries from the areas residents, it was a frustrating and time-consuming business. If a resident contacted Aylesbury Vale District Council, 40 miles north of London, about an issue like housing benefit in which he lacked expertise, Mr. Radwell might keep the caller waiting as long as 20 minutes. He had to find someone who could give him the relevant information.

Over the past two years, however, his job has been transformed. When a resident types a question into the councils online chat facility, an advanced computer system starts reading it.

For around 40 percent of inquiries, the system which has been trained to recognize residents questions by using machine learning, a form of artificial intelligence presents Mr. Radwell and other customer support officers with a series of potential, pre-written responses. Each is labeled with an estimated probability of its being the correct choice. If one is appropriate, Mr. Radwell clicks on it, satisfying the resident far more quickly and easily than before.

The councils machine learning system provided by Digital Genius, a San Francisco-based specialist in customer service systems has put it at the forefront of a transformation underway in millions of white-collar jobs worldwide.

Tom Davenport, a professor who studies information technology and management at Babson College says, When paired with robotic process automation, AI significantly expands the number and types of tasks that software robots can perform.

He also added, software robots that use AI could displace more jobs, especially if we head into a recession. Companies will use it for substantial headcount and cost reductions.

Even if AI does transform robotic process automation, there will be risks involved, says Davenport of Babson College. The trend may feed a natural human tendency to use automation beyond its capabilities, and this could prove especially problematic when using machine learning methods that are difficult to interpret. You could be using it to make important decisions like issuing a credit or preventing fraud, he says. And the algorithms making the decisions in the process may not be transparent to the managers having to make the decision to keep the automated system going.

Erik Brynjolfsson, director of the MIT Initiative on the Digital Economy and the author of several books exploring the impact of technology on the workforce, says robotic process automation will mostly affect middle-skilled office workers, meaning admin work that requires some training. But it wont happen overnight. He says it took many years for simple software robots, which are essentially descended from screen-scrapers and simple coding tools, to affect office work. The lesson is just how long it takes for even a relatively simple technology to have an impact on business, because of the hard work it takes to implement it reliably in complex environments, Brynjolfsson notes.

Wil van der Aalst, a professor at RWTH Aachen University in Germany, who coined the term process mining and has pioneered research on the subject, notes that the techniques involved are not what people think of today as AI, but older statistical techniques. He says the machine learning algorithms that make headlines today tend to be best suited for specific tasks such as image or voice recognition.

Leslie Willcocks, a professor at the London School of Economics who specializes in business process automation, says the process automation industry has yet to fully take off. Obstacles include siloed data that software robots cant easily access, incompatible infrastructure, and the fact that many offices have never used automation before. But he believes this is how AI will ultimately arrive inside most businesses.

Willcocks further added, I am not seeing strong AI being deployed in the vast majority of businesses globally if you exclude the top technology companies. But there will be a turning point when businesses will deploy these technologies better. It may take five years, [but] its a slow train coming.

Guy Kirkwood, the chief evangelist at UiPath, says the vision is for software robots to be a lot more like the AI of science fiction, eventually taking over how they are programmed from start to finish.

The direction of traveland were not there yetis that well be able to create self-building robots, where the system just watches what the human does, works out where theres a repeatable activity, and works out what the optimum route is with all the variances and the exceptions, he says. That would be pretty cool.

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How AI+Automation Can Transform Tedious Office-Tasks? - Analytics Insight

Software release cycles accelerate, but automation is not keeping up – ZDNet

Today's software development shops have become a frenzy of activity, churning out releases at a faster pace than ever -- with a majority now delivering releases weekly or even faster. While such a pace would burn out everyone involved if conducted manually, we're not quite there yet with automating development, delivery and deployment cycles.

That's the word from a recentsurveyof 1,337 managers and practitioners conducted by theCloud Native Computing Foundation, which also finds native cloud adoption -- with ancillary approaches such as containers, serverless and service mesh -- on the rise.

Those respondents with daily release cycles increased from 15% in 2018 to 27%, and weekly release cycles increased from 20% to 28%. Hybrid models in 2019 are up to 41% compared to 25% in 2018. This can be attributed to a rise in available CI/CD tools, the most popular being Jenkins (58%), followed by GitLab (34%), and CircleCI (13%). The survey's authors credit the rise of DevOps, CI/CD tools, and agile methodologies with this accelerated pace.

Surprisingly, however, there has not been an increase in full-on release automation. The survey found little change in the percentage of developers automating their releases, remaining in the 40% range for both 2018 and 2019. "Where we see a change is in those using a hybrid approach versus fully manual releases. Hybrid approaches, using a combination of manual and automated tools, up to 41% in 2019 compared to 25% last year," they state. "Doing releases manually has dropped to 14% from 27%."

Cloud computing in its current form has been around for some time now -- at least 14 years, since the launch of Amazon Web Services, and the actual coining of the term in 2006. So, it should come as no surprise that by now, there would be many, many cloud-native applications in production out there in enterprise land. More than half of the projects the CNCF survey authors looked at reached more than 50% cloud use in production, with many more projects experiencing fast growth. The use of cloud native projects in production continues to grow, with many projects reaching more than 50% use in production. This includes more than half of CNCF's graduated projects: Kubernetes (78%), Prometheus (72%), CoreDNS (69%), Fluentd (64%), and contianerd (53%). Additionally, all graduated projects saw an increase in use in production.

Containers have become even more ubiquitous, and serverless has caught on with wide swaths of the user base. Eighty-four percent use containers in production, up from 23% in CNCF's first survey in 2016. "Many new projects in serverless, service mesh, and storage are emerging as popular ways to manage or work in conjunction with containers," the study's authors report.

At least 41% of respondents are using serverless technologies. Of those who are using serverless, 80% use a hosted platform versus 20% who use installable software. Of those using a hosted platform, the top tool is AWS Lambda (53%).

Service mesh is also catching on as an approach. At least 18% of respondents are using a service mesh in production. 47% are evaluating the use of a service mesh in their organization. ZDNet's Scott Fulton provides a great definition of what this is: "an emerging architecture for dynamically linking to one another the chunks of server-side applications -- most notably, the microservices -- that collectively form an application. These can be the components that were intentionally composed as part of the same application, as well as those from different sources altogether that may benefit from sharing workloads with one another."

Moving to this smarter, more accelerated. more agile world is not without its challenges, of course. The survey finds "cultural challenges" with the development team remain the top challenge (43%). Security (40%) and complexity (38%) follow close behind. Lack of training, at 40% last year, saw a drop of 15% this year as more training options became available. Monitoring again closed out the top five (32%).

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Software release cycles accelerate, but automation is not keeping up - ZDNet

Wannabe Wired: Don’t fear the (automated) reaper – The Lawton Constitution

Technology and humanity have become so knotted together that we might not ever be able to untangle them. It was inevitable when you stop to think about it. Technology was created to perform tasks, tasks that until the creation of said technology were done by humans. Man created computers not in his own image, but in his own service. And now, the computers are only getting smarter.

If youve been paying any attention to politics this year, youll likely have heard the name Andrew Yang. The Democratic presidential candidate ran on a platform of establishing a universal basic income for every American.

While this aspect of Yangs platform was often over-reported to the point it became the sole talking point whenever a political pundit was discussing him, the roots of the program never seemed to be explored too deeply.

So, why was this tech millionaire pushing for $1,000 a year for every American? Well, in a word, automation.

Yang founded the organization Venture for America with the goal of retraining displaced workers in cities like Detroit and Chicago. Cities where large factories have seen massive layoffs in the last decade.

It didnt take long for Yang to come to the conclusion that, no matter how many workers his organization was able to help, they would never outpace jobs lost to automation.

Essentially, computers were replacing people at a rate that seemed insurmountable. Which led Yang to his candidacy and the Universal Basic Income proposal which formed the crux of his platform.

The McKinsey Global Institute (MGI), which researches global business and economics predicts that nearly 15 percent of the worlds workforce will be displaced by automation over the next ten years.

Yang believed it couldnt be avoided, and that we should be prepared for it by guaranteeing everyone living in the United States $1,000 a month in income. In this way, Yang hoped to stem the tide of income inequality that would only widen as more and more jobs are automated.

Its all a bit cosmically ironic when you think about it. We created technology to make our day to day lives easier, but then that technology kept getting smarter and more efficient until it eventually started replacing us.

But it isnt all doom and gloom. That same MGI report concluded that automation did not equal a one-to-one job loss ratio. By their calculations, automation will account for 8-9 percent of newly created jobs in ten years. And those are brand new jobs that wouldnt have existed without automation.

One thing that automation might create, interestingly enough, is a resurgent interest in the arts and humanities. This is just speculation on my part, but displaced factory workers might find safe harbor in the arts a career path that requires a human touch.

Ultimately, the future is never certain. Automation might plateau, new laws might be created to limit its spread, or it might simply not be as job-ending as the models have predicted.

Should you be worried about itmaybe. But no more than you worry about other existential threats like planet-killing asteroids or global pandemics. There is nothing an individual can do to stop automation, something Andrew Yang seemed to figure out. All we can do is prepare for it. If it does come, at least we will be ready.

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Wannabe Wired: Don't fear the (automated) reaper - The Lawton Constitution

Study Shows 93% of Employees Believe Process Automation Will Make Jobs Easier – Supply and Demand Chain Executive

Catalytic announced findings from its 2020 report on closing the digital maturity gap and scaling process automation enterprise-wide to gain competitive differentiation and ensure exceptional customer experiences.

Catalytic conducted a cross-industry survey of 600 enterprise C-suite leaders, department directors and managers, including automation leaders. The research report, The Real State of Automation Progress,aims to uncover the status of digital transformation and the scaling of automation across enterprises.

This study examined where businesses see themselves compared to competitors in terms of adopting automation tools, how equipped companies and specific departments are to take process automation to the next level, whos involved in decisions about automation and what factors hold companies back from reaching digital maturity.

Our findings confirm that despite all departments seeing the potential of automation, most companies are not achieving their goals and need to rethink the roles, responsibilities and technologies leveraged to ensure greater success, says Sean Chou, CEO and co-founder of Catalytic. Specifically, our report underscores why organizations need to look beyond RPA tools to truly scale their automation efforts and adopt a federated model so that multiple lines of business can actively participate while maintaining a strong central governance at the core.

Key findings from the report include:

The workforce is optimistic about automations potential to make jobs easier

The report found that as employees get more familiar with process automation, they become more optimistic about its implementation and benefits. For example, 93% of respondents believe automation will make their jobs easier, especially those working within IT, procurement, operations, finance and HR. Findings show that 42% of those who are unfamiliar with automation still feel optimistic about its benefits. This percentage increases to 89% of those who are somewhat familiar with the concept. Based on this, Catalytics study shows that educating employees across departments will heighten their comfort level with automation technology.

Enterprise over-reliance on centralized models for automation hinders from reaching digital maturity

Catalytics report found that automation initiatives are heavily centralized with a dedicated team responsible for its implementation and usage. While only 22% of respondents operate in a distributed model, organizations who use this approach to automation view the ROI as much higher than expected. Responses pointed to IT bottlenecks as the biggest enterprise challenge to reaching digital maturity, indicating a need to distribute automation efforts across the organization.

Companies must reimagine roles to empower business users and amplify IT teams

Catalytics findings prove that digital transformation shouldnt have gatekeepers meaning organizations need to reshape how to effectively roll out automation across the business. The IT departmentrepresentsonly 3.7% of the average company and is most effective at providing oversight and governance for projects. Further, when business users deploy their own projects and shift their roles for the future of work, organizations have 27 times more resources to scale while eliminating bottlenecks and requirement gaps in the process.

With 61% of automation leaders prioritizing upskilling their staff beyond IT, its clear that enterprises are beginning to see the benefits of reimagining how and who plays a part in digital innovations. To assist with upskilling efforts and get employees more involved in decision making, organizations should consider introducing a low-code platform that allows technically-minded business users to build automated workflows for their teams without the need for traditional computer programming skills.

Managers dont feel as optimistic as their C-suite leaders

C-suite and managers were asked to characterize the maturity of their automation efforts as Novice, Intermediate, Advanced or Pro. The C-suite (21%) is more likely than managers to characterize their organizations automation efforts as Pro, indicating their view from the top might be clouded and aspirational compared to managers. While 79% of managers cited their automation efforts as Advanced or Intermediate, only 9% currently rate their strategies as Pro. This shows further communication and collaboration between all departments, and the involvement of managers in decision-making and execution is necessary to change the narrative of automation to be more optimistic. This includes using automation to create more opportunities for people on the front lines of an organization to do more meaningful work. Automation initiatives that remain centralized will continue to contribute to the lack of department-specific confidence in automation skills.

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Study Shows 93% of Employees Believe Process Automation Will Make Jobs Easier - Supply and Demand Chain Executive

Automated trucking, a technical milestone that could disrupt hundreds of thousands of jobs, hits the road – 60 Minutes – CBS News

You know that universal sign we give truckers, hoping they'll sound their air horns? Well, you're going to be hearing a lot less honking in the future. And with good reason. The absence of an actual driver in the cab. We may focus on the self-driving car, but autonomous trucking is not an if, it's a when. And the when is coming sooner than you might expect. Already, companies have been quietly testing their prototypes on public roads. Right now, there's a high-stakes, high-speed race pitting the usual suspects, Google and Tesla and other global tech firms, against small start-ups smelling opportunity. The driverless semi will convulse the trucking sector and the two million American drivers who turn a key and maneuver their big rig every day. And the winners of this derby, they may be poised to make untold billions, they'll change the U.S. transportation grid and they will emerge as the new kings of the road.

It's one of the great touchstones of Americana: the romance and possibility of the open road. All hail the 18-wheeler hugging those asphalt ribbons, transporting all of our stuff across the fruited plains, from sea to shining sea. Though we may not give it a second thought when we click that free shipping icon, truckers move 70% of the nation's goods. But trucking cut a considerably different figure on a humid Sunday last summer on the Florida turnpike. Starsky Robotics, a tech startup, may have been driving in the right lane, but they passed the competition with 35,000 pounds of steel thundering down a busy highway with nobody behind the wheel. The test was a milestone. Starsky was the first company to put a truck on an open highway without a human on board. Everyone else in the game with the know-how keeps a warm body in the cab as backup. For now, anyway. If you didn't hear about this, you're not alone; in Jacksonville, we talked to Jeff Widdows, his son Tanner, Linda Allen and Eric Richardson - all truckers; and all astonished to learn how far this technology has come.

Linda Allen: I wasn't aware 'til I ran across one on the Florida Turnpike and that just-- it just scares me. I can't imagine. But I didn't know anything about it.

Jon Wertheim: No one's talkin' about it at work.

Jeff Widdows: Nobody, never, never.

Eric Richardson: I didn't know that it'd come so far. And I'm thinking, "Wow. It's here."

He's right. The autonomous truck revolution is here. It just isn't much discussed - not on CB radios; and not in statehouses. And transportation agencies are not inclined to pump the brakes. From Florida, hang a left and drive 2000 miles west on I-10 and you'll hit the proving grounds of a company with a fleet of 41 autonomous rigs.

Jon Wertheim: This is a shop floor? Or this is a laboratory

Chuck Price: It's both.

In the guts of the Sonoran Desert, outside Tucson, Chuck Price is chief product officer at TuSimple, a privately held, global autonomous trucking outfit valued at more than a billion dollars with operations in the U.S. and China. At this depot, $12 million worth of gleaming self-driving semis are on the move.

Jon Wertheim: Right now we've got safety operators in the cab. How far away are we from runs without drivers?

Chuck Price: We believe we'll be able to do our first driver-out demonstration runs on public highways in 2021.

That's the when. As for the how...

Chuck Price: Our primary sensor system is our array of cameras that you see along the top of the vehicle--

Jon Wertheim: Heard about souping up vehicles. This takes it to a new level.

Chuck Price: It's a little bit different yeah.

The competition is fierce, so much so their technology is akin to a state secret. But Price points us to a network of sensors, cameras and radar devices strapped to the outside of the rig, all of it hardwired to an internal AI supercomputer that drives the truck. It's self-contained so a bad WiFi signal won't wreak havoc on the road.

Chuck Price: Our system can see farther than any other autonomous system in the world. We can see forward over a half mile.

Jon Wertheim: You can drive autonomously at night?Chuck Price: We can. Day, night. And in the rain. And in the rain at night.

And they're working on driving in the snow. Chuck Price has unshakable confidence in the reliability of the technology; as do some of the biggest names in shipping: UPS, Amazon and the U.S. Postal Service ship freight with TuSimple trucks. All in, each unit costs more than a quarter million dollars. Not a great expense, considering it's designed to eliminate the annual salary of a driver; currently around $45,000. Another savings: the driverless truck can get coast-to-coast in two days, not four, stopping only to refuelthough a human still has to do that.

We wanted to hop in and experience automated trucking firsthand.

Jon Wertheim: I feel like it's our turn on Space Mountain.Chuck Price was happy to oblige. We didn't know what to expect, so we fashioned more cameras to the rig than NASA glued to the Apollo rockets...

Maureen Fitzgerald: Is everybody buckled in?

ALL: Buckled in.

Maureen Fitzgerald: Three, Two, One.

...and we hit go.TRUCK COMPUTER: Autonomous driving started.

We sat in the back alongside the computer. In the front seat: Maureen Fitzgerald, a trucker's trucker with 30 years experience. She was our safety driver, babysitting with no intention of gripping the wheel, but there just in case. Riding shotgun: an engineer, John Panttila, there to monitor the software. The driverless truck was attempting a 65-mile loop in weekday traffic through Tucson.

The route was mapped and programmed in before the run, but that's about it - the rest was up to the computer, which makes 20 decisions per second about what to do on the road. As we rolled past distracted drivers, disabled cars, slow-pokes and sheriffs, our safety driver kept vigil but never disengaged the driverless system.

John Panttila: Watching the front targets close in a hundred. Yep. Got to cut in right now. 55 mile an hour. Bad cut-off.

Jon Wertheim: This guy just flagrantly cut off--

Chuck Price: He just really cut us off.

Jon Wertheim: We did not honk at him. Did we disengage?

Chuck Price: We did not disengage. This vehicle will detect that kind of behavior faster than the humans.

Jon Wertheim: How far are we from being able to pick up the specific cars that are passing us? "Oh, that's Joe from New Jersey with six points on his license.Chuck Price: We can read license plates. So if there was an accessible database for something like that, we could.

Chuck Price says that would be valuable to the company though he admits it could create obvious privacy issues. But TuSimple does collect a lot of data, as it maps more and more routes across the southwest. Their enterprise also includes a fleet of autonomous trucks in Shanghai, as well as a research center in Beijing. The data collected by every truck, along every mile, it's uploaded and used by TuSimple, they say only to perfect performance on the road. Maureen Fitzgerald is convinced that tusimple's technology is superior to human drivers.

Jon Wertheim: You call these trucks your babies? What do your babies do well, and what could they do better?

Maureen Fitzgerald: This truck is scanning mirrors, looking 1,000 meters out. It's processing all the things that my brain could never do and it can react 15 times faster than I could.

Most of her two million fellow truckers are less enthusiastic. Automated trucking threatens to jack-knife an entire $800 billion industry. Trucking is among the most common jobs for american's without a college education. So this disruption caused by the driverless truck, it cuts deep.

Steve Viscelli: As truckers like to say, if you bought it, a truck brought it.

Steve Viscelli is a sociologist at the University of Pennsylvania and an expert in freight transportation and automation. He also spent six months driving a big rig.

Jon Wertheim: What segment do you think's gonna be hit first by driverless trucks?Steve Viscelli: I've identified two segments that I think are most at-risk. And that's-- refrigerated and dry van truckload. And those constitute about 200,000 trucking jobs. And then what's called line haul and they're somewhere in the neighborhood of 80,000-90,000 jobs there.Jon Wertheim: So you're talkin' 300,000 jobs off the top-- It's a big number.Steve Viscelli: It is a big number.

The Florida truckers we met represent 70 years experience and millions of safe driving miles. They say they love the job and when asked to describe their work they kick around words like vital, honest and patriotic.

Eric Richardson: It makes you feel like you could-- should just poke your chest out with the responsibility (LAUGH) that you're taking on kinda makes you feel like a-- like you're needed.

Asked about driverless trucks, they feel like they are being run off the road. But another issue troubles them even more.

Jeff Widdows: I think that companies need to keep safety in mind You have a glitch in a computer at that speed--

Linda Allen: Yeah.

Jeff Widdows: (LAUGH) you can do some damage--

Linda Allen: There's too many things that can go wrong.

Eric Richardson: One of them semis hits something that's small, like a car or a passenger car, or anything like that, it's a done deal. I mean...

Linda Allen: I was on 75-- last month-- through Ocala. And there was a bad accident So a state trooper came out. And he was hand-signaling people. "You go here. You go there." How's an autonomous truck gonna recognize what the officer is trying to say or do? How's that gonna work?

Jon Wertheim: Sympathy, empathy, fear, code, eye contact-- I don't know how you create an algorithm that accounts for all that.

Linda Allen: You can't.

Jon Wertheim: Does the public have a right to know if they're testing driverless trucks on the interstate--

ALL: --absolutely--

Tanner Widdows: That's-- well, that's our concern, is -- who's watching this? Who's making sure they're not throwing something unsafe on the road?

Sam Loesche: I think a lot of it-- is being done with almost no oversight from-- good governance groups, from the government itself

Sam Loesche represents 600,000 truckers for the teamsters. He's concerned that federal, state and local governments have only limited access to the driverless technology.

Sam Loesche: A lot of this information, understandably, is proprietary. Tech companies wanna keep, you know, their algorithms and their safety data-- secret until they can kinda get it right. The problem is that, in the meantime, they're testing this technology on public roads. They're testing it next to you as you drive down the road.

And that was consistent with our reporting.

Jon Wertheim: Do you have to tell anyone when you test?

Chuck Price: No, not for individual tests.

Jon Wertheim: Do you have to tell them where you test?

Chuck Price: We do not currently have to tell them where we test in Arizona.

Jon Wertheim: Or how-- how often you test?

Chuck Price: No.

Jon Wertheim: Do you have to share your data with any state department of transportation?

Chuck Price: Currently, we're not required to share data, we would be happy to share data.

Jon Wertheim: What about inspections? Does anyone from the Arizona DOT come by and-- and check this stuff out?

Chuck Price: The DOT comes by all the time. We talk with them regularly. It's not a formal inspection process yet.

We wanted to ask Elaine Chao, secretary of the Department of Transportation, about regulating this emerging sector. She declined an interview, but provided us with a statement which reads in part: "The Department needs to prepare for the transportation systems of the future by engaging with new technologies to address safety without hampering innovation."

To that point, Chuck Price is emphatic that driverless trucks pose fewer dangers.

Chuck Price: We eliminate texting accidents, no distraction--

Jon Wertheim: Because there's no-- no texting while driving when there's a computer.

Chuck Price: There are no drunk computers. And the computer doesn't sleep. So those are large causes of accidents.

He adds that driverless trucks are more fuel efficient in part because they can stay perfectly aligned in their lane and unlike humans, are programmed never to speed, but he admits the profit motive is significant.

Jon Wertheim: You think there's a lot of money to be made here.

Chuck Price: There's certainly a lot of money to be made. There's a-- there's an opportunity to solve a very big problem.

Steve Viscelli says the industry may be imperfect, but he thinks the solution should not depend on driverless technology alone.

Jon Wertheim: What's your response to the technology companies that say, "Look, I'm trying to do something more efficiently, and I'm going to improve safety. This is American enterprise. What are you gonna get in the way of this for?"

Steve Viscelli: I'd say that-- that's wonderful. (LAUGH) But that's not your job. Right? Your job's to make money. Policy is gonna decide what our outcomes are gonna be trucking is a very competitive industry. The low-road approach often wins

Jon Wertheim: We talk about the internal combustion engine replacing the horse and buggy, and Eisenhower's Interstate System-- when we talk about these transformational markers in transportation-- Where's driverless trucking gonna rank?

Steve Viscelli: It's gonna be one of the biggest.

Produced by Michael Karzis. Associate producer, Megan Kelty. Broadcast associates, Annabelle Hanflig and Cristina Gallotto. Edited by April Wilson.

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Automated trucking, a technical milestone that could disrupt hundreds of thousands of jobs, hits the road - 60 Minutes - CBS News

Centralizing Your Systems – Automation World

Royce Lee, lead automation engineer at Panacea Technologies

The case for centralization

The need to centralize stand-alone systems is becoming more urgent as automation hardware and software increase in complexity and functionality. This is especially apparent as certain regulatory requirements evolve. However, centralizing standalone systems can be very time-consuming and costly depending on coding standards and technology generational gaps. For these reasons, many manufacturers may place temporary solutions in place and focus its attention on something that may seem more pressing. With the expanding economy, the prevailing feeling tends to be, if its producing, why fix it?

At a base level, just focusing on centralizing computer systems can have a major positive impact speaking from both external and internal experiences. Internally, at Panacea, we moved our project infrastructure to a central, virtualized, hybrid-cloud platform. Not only does this help in terms of efficiency for employees to retrieve specific items when needed, but, because we have our projects centralized, all of our data is backed up in case of a major incident. This allows us to easily restore our infrastructure to minimize downtime and client delivery impact.

Utilizing a virtual machine from a centralized location rather than a local machine from your stand-alone laptop has many advantages. There are many risks associated with important projects and files on a personal laptop without backups. With a virtual machine in a centralized location, you have everything backed up even if your laptop breaks. As a result, this helps everyone to be more organized and approach certain tasks with ease. This has essentially turned our laptops into thin clients, which has parodies to industrial human-machine interface (HMI) architectures.

Laying down a foundation

Moving to a central, virtualized architecture may feel cutting edge, but it is being widely adopted across multiple industries. And, we have seen most of our clients internal engineering groups move towards this as well. Traditional, standard setting methods can aide greatly in the deployment of a virtual infrastructure. It may be difficult in the beginning to create uniform standards and security processes, but having this foundation makes your infrastructure easier to manage and change as your team and project landscape changes as well. The time saving aspects of centralized asset management and storage greatly outweigh the initial investment of both capital and time, which will make for a better functioning manufacturing architecture with a focus on data integrity.

Looking to the future

Having a stand-alone system poses many risks and disadvantages when a certain change is requested, especially when files arent properly backed up. The importance of centralizing your systems is not limited to computers, but extends to programmable logic controllers (PLCs), HMIs, and documentation. Having a centralized medium for documentation eliminates the need for CD (and in some cases, Floppy Disk) storage peripherals. It creates a central storage location to store files in a similar manner that simplify complex standard operating procedures focusing on data storage and retrieval. This can greatly decrease time spent on these activities during projectsespecially for busy project teams in regulated industries. It also helps eliminate potential mistakes that happen when moving files and backups from one information medium to another. Storage is inexpensive and robust. With multiple different network redundancy options, the fear of central storage should be a thing of the past.

The process of centralizing your systems may seem very difficult, but it doesnt have to be. There are many tools that make the process smoother, and this journey will give you the opportunity to integrate new functions to empower yourself, as well as other members of your team to perform the best they can.

As we kickoff 2020, lets make virtualization and centralization a priority. Lets work to empower our teams and clients to work more efficiently and with greater accuracy.

Royce Lee is lead automation engineer at Panacea Technologies, a certified member of the Control System Integrators Association (CSIA). For more information about Panacea, visit its profile on the CSIA Industrial Automation Exchange.

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Centralizing Your Systems - Automation World

Smart bathrooms have been around since the 1980s. But do they help against coronavirus? – NorthJersey.com

When people ask how to protect themselves against the spread of COVID-19, one of the first suggestions from doctors is washing your hands. Here are the do's and don'ts. USA TODAY

By itself, the toilet flushes.

By itself, the faucet starts.

By itself, the hand-dryer blows, the soap-holder squirts, and the towel dispenser dispenses.

Automated public restrooms, an increasingly common feature in America since their introduction in the 1980s, can seem like magic.

But is theirmagic powerful enoughto defeat coronavirus?

That's the kind of question we're likely to be asking, now that COVID-19is starting to make us all nervous.

For instance: as has been widely reported, theCenters for Disease Control and Prevention (CDC) recommends that we wash our hands "vigorously" with soap and water for at least 20 seconds.

We timed one of our own automatic, no-touch faucets, from first drip to last: 11 seconds.

Wash your hands, vigorously, with soap and water for at least 20 seconds(Photo: AlexRaths, Getty Images/iStockphoto)

Hot-air dryers, especially the touchlessvariety, may tout their "hygienic" properties but there are studies that suggest they can spreadgerms.

And however vigorously we wash, however hands-offour bathroom experience, does it really matter if we touchthe doorknob on the way out?

"I think the water running without touching the faucets, the toilet flushing, those are great places to start to prevent infections," saidDania Huie-Pasigan, college nurse at Bergen Community College in Paramus.

Some 1,000 students are enrolled in 10 degree programs at BCC, ranging from nursing to surgical technology, in their division of health professions. But one thing they're all talking about, now, is COVID-19.

"We teach our students the universal precautions, so they are protecting themselves, their own families, and their patients," saidSusan Barnard, dean of the division.

So how about that 11-second faucet?

Not necessarily a bad thing, saidDennis Kruk, director of the center for simulation at BCC,and a veteran paramedic. In fact, it might even be a good thing.

"When you're washing your hands, you don't necessarily need the water running the entire time," Kruk said. "It turns off, to give you the opportunity to properly wash your hands, to get the soap between your fingers, under your nails, into the nooks and crannies. If the water was running, it would be washing the soap away."

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There are, of course, other reasons the sink might be programmed to shut off sooner rather than later.

It conserves water. And it saves money.

Those are reasons that the automatic bathroom has been the holygrail of the plumbing community, from the day the first handyman turned the first socket wrench.

There's a fascinating exhibit at The Plumbing Museum yes, there is such a thing in Watertown, Massachusetts. Dating from 1914, it's an automatic-flushing toilet, made by the J.A. Vogel company in Wilmington Delaware.

"When you get up, the seat goes up and causes the flush," saidSasha Parfenova, the museum's program manager. "They were popular in railway stations, for sanitary reasons."

But it wasn't untilthe 1980s that today's science-fiction Smart Bathroom became a reality.

Feb. 7, 1984, to be exact when the sensor-activated faucet was patented by an Australian inventor, Oliver N. Wareham. Among the patent claims: it would "prevent bacteria transfer in areas such as hospital use or food preparation" and help prevent "flooding and waste of water."

Now, three or four generations later, the technology has become evenmore Jetsons-like.

The bathrooms at Atlanta's MARTA public transit stations have "virtual restroom attendants" (after 9minutes, a recorded voice tells you to hurry up), sensors that mete out toilet paper a few squares at a time, and an auto cleaning function that can hose down the whole place.

"In countries like Japan, they even have automatic bidets, things like that,"Parfenova said.

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All of this far-out technology may be about to get its trial by fire, now that coronavirus has arrived. It may be the robo-faucet's shining hour.

"I think it's great that there are these self-flushing toilets and sinks where you don't have to touch the handles."Parfenova said. "It's good for health."

What's key to remember, says Kruk, is that none of this newfangled technology matters, if you don't do the old-fashioned thing and washyour hands thoroughly."I think the greatest thing we can do is proper hand-washing," Kruk said.

When you use the hand dryer in a public restroom, it's blowing dirty bathroom air all over your hands.(Photo: Getty Images / mustafagull)

That's the real issue with the blow-dryers, which also have theirgood points (for one thing, the trees will thank you). But a 2014 study by the University of Leeds found that the airborne germ count around air jet dryers was 27 times higher than around towel dispensers, according to the University's "Health News" website.

It's not that blow driers themselves are more unsanitary, Kruk said. It's that the force of warm air spreads the germs from badly-washed hands.

"The pressure of the wind, the force that's generated, will potentially spread in a greater circumference around the dryer than a paper towel would, because of the increase in air pressure," he said.

"But the flip side of that is, if we're doing proper hand-washing techniques, the contaminants that would be spread would be limited."

Air-blown or towel-dried, your wonderful, squeaky-clean20-second-washed hands will do you no good if you then have to touch a doorknob or handle touched by a dozen other germy people on the way out.

That's why some public restrooms for instance, at the New Jersey Turnpike and Garden State Parkway rest stops have no doors at all, but a maze-like arrangement that allows you to get in and out of the bathroom without touching anything.

You'd think morebathrooms would have a feature common tosupermarkets since the 1950s: self-opening doors.

"If there were more doors that opened automatically, that would greatly reduce contamination," Kruk said.

Jim Beckerman is an entertainment and culture reporter for NorthJersey.com. For unlimited access tohis insightfulreports about how you spend your leisure time,please subscribe or activate your digital account today.

Email:beckerman@northjersey.comTwitter:@jimbeckerman1

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Smart bathrooms have been around since the 1980s. But do they help against coronavirus? - NorthJersey.com

How do financial advisors stay relevant in the age of automation? – Moneyweb.co.za

Financial advisors should embrace new ways of looking at investments.

According to an article by Andy Kern of New Age Alpha, the changes to the investing landscape in the last twenty years have been astounding. From online retail trading to ETFs and quantitative asset management firms, the market is a very different place now.

Increasingly, automation is what defines the investment management business, and many investors have switched to low-cost robo-advisors that make use of algorithms that automatically manage portfolios. Overseas, robo-advisors have already made a marked impact on the industry by allowing investors to inexpensively gain access to managed portfolios of passive investment products and even guide them through asset management in retirement.

How can traditional financial advisors discover new opportunities to add value when robo-advisors algorithms perform the same job functions?

What are the advantages of automation?

Andy explains, there are many benefits to automation. From a behavioural perspective, removing the human element of analysis often helps the management of a portfolio because it prevents the natural biases that can cause us to make foolish decisions.

But more importantly, the automation process exploits the single biggest advantage computers have over us mere mortals: the ability to process large quantities of information very quickly. With this very valuable resource, it seems foolish not to ask the algorithms to do the heavy lifting for us.

The problems with automation?

The problems with automation are even more basic. Not only is there not much room for personalisation beyond what the client chooses to input, but the automation process inherently forfeits any possibility of producing significant alpha. A robo-advisor that allocates any meaningful portion of a clients portfolio to a variety of passive funds and ETFs is not so subtly acknowledging that out-performance is not the goal. The goal is merely to get exposure to assets that should perform in line with expectations as quickly and cheaply as possible.

Investment biases and the fight for alpha

According to Andy, this might cause some frustration for the traditional advisor as low-cost competitors gradually steal away clients. The answer may lie in the way advisors communicate with clients. Specifically, it is important to let the clients know the assumptions that robo-advisors are making about the market are probably incorrect. Most robo-advisors take an undeniably passive approach to portfolio building, believing alpha is not possible and that clients should be happymatching market performance. This is foolish. Although alpha may be harder to find these days, it certainly still exists. In fact, the more money that flows into passive investments, the more alpha opportunities there will be.

Moreover, there is alpha that can be gained from automation. Not only does automation keep an investors own biases in check, but it can also take advantage of share prices that have been affected by the biases of others. As Warren Buffett said, Be fearful when others are greedy, and greedy when others are fearful.

An investment product that takes advantage of the benefits of automation (such as the removal of biases) while retaining the prospect of generating alpha (taking advantage of mispricing from the biases others) is what the advisor needs today. Robo-advisors wont consider many quantitatively based products while traditional advisors are still able to find the product that best suits their clients needs.

Automation may be a growing trend, and the toolkits that computers have provided us with have tremendous benefits. However, this growth doesnt have to mean that advisors are obsolete. It should challenge advisors to embrace new ways of looking at investments and to not give up on alpha.

Source: https://blog.newagealpha.com/how-does-a-financial-advisor-stay-relevant-in-the-age-of-automation

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How do financial advisors stay relevant in the age of automation? - Moneyweb.co.za

How SEOs can benefit from using AI and automation – Econsultancy

Today, optimizing for search is optimizing your customers experience. As people query a search engine on their laptop, ask a voice assistant for help, or use their mobile device to find nearby solutions to their needs, brands must be positioned to appear in these critical decision-making moments.

Moreover, they must be positioned to respond with relevant, personalized content that speaks directly to the stated needregardless of device or platform. In fact, real-time marketing (65%) and omnichannel delivery and engagement (52%) were identified as the top two near-term marketing priorities in an Econsultancy/Resulticks survey of more than 340 enterprise brands.

This massive influx of search and customer interaction data cannot possibly be analyzed and activated in real-time without automation. But make no mistake, automation is no longer about having machines simply perform redundant tasks for us. The power of artificial intelligence has given our SEO and marketers the power to analyze information, make decisions, and even carry out optimization tasks, freeing up time for SEOs to focus on the more creative and strategic elements of each campaign.

How can you use AI in your SEO strategy to gain greater insight, respond in real-time, and increase your relevance to the ask?

Artificial intelligence can enable SEOs to quickly reap the most impactful insights from otherwise insurmountable datasets. As search data has become increasingly complex, its become a rich source of insight with value across the organization:

SEO holds the key to the bulk of this data that is used not only for informing marketing campaigns and targeting but for improving product, customer service, and loyalty. Customer data has the power to transform the entire business, which puts SEOs in a pretty enviable positionif they can share and communicate these insights with the parties who can benefit from them.

Your CEO doesnt want to see ranking reports; they want high-level insights that can inform the direction of the company. Front-line customer service teams dont need to get into the weeds of an SEO audit, but they do need to understand what specific pain points and friction in the customer journey exist so they can more proactively address those.

AI-powered insights ensure reporting with speed and precision. Technology can be trained to recognize patterns in data and even dig into many layers of data, pinpointing opportunities and challenges you would never have uncovered otherwise. And marketers are not only seeing success stories in SEO: more than 31% of respondents in a BrightEdge survey found that AI helped provide a better understanding of the customer. (Disclaimer: Im the COO at BrightEdge).

This is really the power of the AI layer in SEO. Weve long used automation to save time and reduce labor, but AI based automation can improve SEOs performance, too.

AI-powered paid media bidding was perhaps one of the best-known early uses of AI in marketing. Knowing this, SEOs can work closely with paid media teams to ensure good exposure while eliminating cannibalization, duplicated efforts, and wasted spend.

That same underlying AI technology can now power real-time content optimization and personalization, as well. SEOs have the ability to automate repetitive tasks such as link building and auditing. But you can also program your AI-powered SEO tools to trigger optimizations based on consumer behavior, interactions with content, specific search queries, and more.

Conversational bots, for example, can learn and improve their accuracy as they get to know your audience. Personalization engines can detect patterns and structure in your traffic and begin to predict which product or content recommendations may perform the best. And as those interactions take place, they continue to analyze, learn, adjust and perfect.

What incorporating AI into your SEO strategy gives you is the benefit of scale, even if youre a one-person operation. Think of AI as a silent partnera data-obsessed, completely geeked-out partner who never sleeps, is always on, and does the analytical work of a team of hundreds.

AI isnt out for your job; it will free up your time and mental energy to focus on your more creative, strategic SEO opportunities. It will support you as you make the pitch for more SEO budget, present multi-channel recommendations to your CMO, and in some automated cases do a lot of the heavy lifting for you so you can focus on creative and digital strategy.

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How SEOs can benefit from using AI and automation - Econsultancy

Digital Transformation: UAE Banking Executive Explains How Fintech, AI, Robotic Process Automation is Transforming Finance Sector – Crowdfund Insider

The United Arab Emirates (UAE) banking sector has become increasingly competitive due to the significant increase in the number of Fintech firms in the Middle Eastern country. The UAE has also established (for the most part) progressive regulatory guidelines and is in the process of developing the infrastructure needed to support the latest financial technology.

The Middle Eastern financial hub aims to assist local banks in becoming more agile, competitive, while adhering to the relevant regulatory requirements. The nations government has been helping local Fintech providers with meeting the changing requirements of local consumers.

There are 23 local and 26 multinational banking institutions in the UAE. The nations five largest financial institutions account for around 60% of the industrys total assets. Small institutions like the National Bank of Fujairah (NBF) are increasingly adopting Fintech solutions in order to function as a full-service corporate bank.

Balaji Krishnamurthy, COO at NBF, told IBS Intelligence that the banks internal processes aredigitized through the use of Business Process Management (BPM) solutions and robotic technology.

Krishnamurthy noted that NBF has invested in data management and analytics, in order to offer advanced predictive analysis, which helps in proactively managing the banks business operations.

Krishnamurthy added:

We have also engaged with external digital players and startups, including Fintech firms, to expand [our] business and customer-focused digital platforms and partnered with a number of incubators. This approach has provided a better understanding of the benefits of new technologies and how they may be employed in new and exceptional propositions.

He also mentioned that the bank has developed the Emirates digital wallet, which securely stores users funds and allows them to send money to other wallets or accounts. Once the wallet has been officially launched, the UAEs brick-and-mortar stores and digital commerce outlets will be able to accept payments from the wallet.

Explaining how the digital wallet app was developed, he stated:

[The wallet is a product of a] UAE Bank Federation (UBF) joint venture where several local banks collaborated to create and facilitate a network with 16 of the [countrys] leading banks supported by the central bank.

He continued:

We are currently in the pilot testing phase, and four banks are part of this process. We aim to launch the NBF wallet very soon. Once launched, and adopted by merchants and other banks, our goal is to see its impact accelerate in the UAE by the end of 2020.

Going on to highlight the importance and benefits of investing in advanced IT infrastructure, Krishnamurthy said:

Our competitiveness is defined by our strategic and technical ability to harness robotic process automation (RPA), artificial intelligence (AI), and other such advanced digital [technologies].

The institutions IT budget has increased at a compounded annual growth rate (CAGR) of 30%, Krishnamurthy revealed. He claims that these investments helped the institution achieve significant operational efficiencies.

He pointed out that the banks cost to income (or revenue) ratio of 33.0%, recorded last year, is one of the lowest among local banking institutions.

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Digital Transformation: UAE Banking Executive Explains How Fintech, AI, Robotic Process Automation is Transforming Finance Sector - Crowdfund Insider

Why robotic process automation (RPA) is the perfect technology for logistics – FreightWaves

Consider the time you spend reading an email, combing through it to harvest relevant information to put into an operating system, and then taking the resulting data from the operating system to craft a response. Email is tedious and requires a significant commitment of time time that brokers could use to cultivate relationships with customers and think strategically about business growth.

Technology is flooding the freight industry, leveraging apps to streamline singular tasks like load matching, and checking in and paying carriers tasks that not too long ago were completed manually. The apps are coded to perform specific, limited functions, but when you consider a task like email, theres more nuance and variation. Frankly, its more human.

A fast-growing technology that imitates human behavior and has taken root in the financial services and hospitality industries is slowly making its way into logistics. Robotic process automation (RPA) is an intelligent automation software that uses machine learning, natural language processing and artificial intelligence to mimic the rote tasks a human performs on a daily basis, whether its reading email or quoting rates. Eventually, RPA technology could provide every broker an assistant to perform lower-level tasks so they can so they can focus on high-level strategy.

RPA is a rapid development environment, so what we can do with RPA that is different than any kind of automation in the past or robotics in the past is apply rapid development tools to fairly quickly build a bot, said Joel McGinley, managing director at Hubtek, a staffing and technology company based in Miami and Medellin, Colombia. We can create a bot in less than a day depending on the complexity of the bot. That same automation, using other tools, would take maybe a month with lots of training and testing.

RPA can integrate with any existing technology infrastructure, regardless of its sophistication or whether the multiple systems it interfaces with integrate with one another. For Amit Bhutani, sales director at Automation Anywhere, an RPA platform based out of San Jose, California, this is one of RPAs biggest advantages.

You tell the bots to go retrieve information from five different systems, they will do it, Bhutani said. Bots dont need systems talking to each other in order to operate. Large companies might have two or three TMS systems at least, and most of the time, they dont integrate with one another, but it does not matter to RPA. Also, users dont need to know Java or C++, this is all user-friendly interface, drag-and-drop functionality.

Not only can RPA be built and implemented quickly, it allows a company to grow while maintaining and enhancing the existing workforce. So RPA can be thought of as a tool for workforce optimization, rather than workforce replacement.

Data entry can be very laborious and the human being is prone to errors, especially with high volume, McGinley said. A robot can handle that entry very efficiently, very quickly and never makes an error. The robot works 24 hours, 7 days a week, never asks for a raise, never has any office drama. So theyre kind of an assistant. Imagine if we could give every worker in this industry an assistant to increase their productivity.

Companies within the logistics industry are positioned well for RPA technology, not just because theyre striving for competitive advantage, but also because of the industrys sophisticated interdependencies. RPA can help the labor pool, particularly the new, tech-inclined generation of workers, pursue work of higher value, reducing busy work and the training it entails. The end result: greater employee satisfaction and higher retention rates for companies. RPA could also improve other areas of the industry, including shipment scheduling, inventory tracking, customer visibility and invoicing.

RPA enablescompaniesto offer a better quality of service while freeing up labor capacity to engage more closely with their customers says Anubhav Saxena, Executive Vice President and Chief of Global Alliances at Automation Anywhere.Shipping and logistic companies can nowofferpremium services to more customers whileprovidingbetter customer satisfaction which helps raise their top line.

McGinley says many logistics companies worry their scale wont support a technology like RPA, but once they see the capabilities and costs of the program, the resistance dissipates. Hubtek has recently partnered with Automation Anywhere to make automation more cost-accessible to logistics companies.

While Automation Anywhere has been innovating its business for 16 years and has deployed 1.8 million bots, Hubtek is one of Automation Anywheres first partners in transportation. Utilizing a partnership like this prevents companies from taking on the cost of licensing, so $10 million-$30 million companies can compete with billion-dollar companies that can invest heavily in technology.

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Why robotic process automation (RPA) is the perfect technology for logistics - FreightWaves

Robotic Process Automation Market World Informing, Growth Analysis And Opportunities Outlook 2020 To 2026 – News Times

Robotic Process Automation Market report profile provides top-line qualitative and quantitative summary information including: Market Size (Production, Consumption, Value and Volume 2014-2019, and Forecast from 2020 to 2026). The Robotic Process Automation Market profile also contains descriptions of the leading topmost manufactures/players like (Nice Systems, Pegasystems, Automation Anywhere, Blue Prism, Ipsoft, Celaton, Redwood Software, Uipath, Verint System, Xerox, Arago Us, IBM, Thoughtonomy) which including Capacity, Production, Price, Revenue, Cost, Gross, Gross Margin, Growth Rate, Import, Export, Market Share and Technological Developments. Besides, this Robotic Process Automation market covers Type, Application, Major Key Players, Regional Segment Analysis Robotic Process Automation, Industry Chain Analysis, Competitive Insights and Macroeconomic Analysis.

Some of The Major Highlights Of TOC Covers: Development Trend of Analysis of Robotic Process Automation Market; Marketing Channel; Direct Marketing; Indirect Marketing; Robotic Process Automation Customers; Robotic Process Automation Market Dynamics; Opportunities; Market Drivers; Challenges; Influence Factors; Research Programs/Design; Robotic Process Automation Market Breakdown; Data Triangulation and Source.

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Scope of Robotic Process Automation Market:Robotic process automation (or RPA) is an emerging form of business process automation technology based on the notion of software robots or artificial intelligence (AI) workers.

The robotic process automation market for North America held the largest market share in 2017. North America is estimated to account for the largest share of the global robotic process automation market in 2018.

Split by Product Types, this report focuses on consumption, production, market size, share and growth rate of Robotic Process Automation in each type, can be classified into:

Automated Solution Decision Support and Management Solutions Interaction Solutions

Split by End User/Applications, this report focuses on consumption, production, market size, share and growth rate of Robotic Process Automation in each application, can be classified into:

Banking Financial Services and Insurance Healthcare and Pharmaceuticals Manufacturing and Logistics Telecom and IT Retail and Consumer Goods Travel Hospitality and Transportation Others

Do You Have Any Query Or Specific Requirement? Ask to Our Industry[emailprotected]https://www.researchmoz.us/enquiry.php?type=E&repid=2041035

Robotic Process Automation Market Regional Analysis Covers:

The Study Objectives Of This Robotic Process Automation Market Report Are:

To analyze the key Robotic Process Automation manufacturers, to study theProduction, Capacity, Volume, Value, Market Size, Shareand development plans in future.

To analyze the key regions Robotic Process Automation market potential andAdvantage, Opportunity and Challenge, Restraints and Risks.

Focuses on the key manufacturers, to define, describe and analyze the marketCompetition Landscape, SWOT Analysis.

To define, describe and forecast the Robotic Process Automation market by type, application and region.

To analyze the opportunities in the Robotic Process Automation market forStakeholders by Identifying the High Growth Segments.

To analyze competitive developments such as Expansions, Agreements, New Product Launches, And Acquisitions in the Robotic Process Automation Market.

To strategically analyze each submarket with respect to individualGrowth Trend and Their Contribution to the Robotic Process Automation Market.

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Robotic Process Automation Market World Informing, Growth Analysis And Opportunities Outlook 2020 To 2026 - News Times

Research Predicts Automated Deliveries Will Generate up to $48.4B in Revenue by 2030 – Supply and Demand Chain Executive

Lux Research forecasts that the market for parcel delivery will grow from a total of 107 billion parcels delivered in 2019, generating $350 billion in revenue, to 289 billion parcel deliveries in 2030, generating $665 billion in revenue, resulting in a combined annual growth rate (CAGR) of 9.5% in parcel count and 5.8% in market value.

Most of this e-commerce growth is expected to come from Asia because China and India still have a relatively low amount of parcel deliveries per capita, says Lux Research senior analyst Chris Robinson. Automated last-mile delivery technologies fall into four key categoriesdrones, legged robots, wheeled robots and autonomous vehicles. Of these, autonomous vehicles paired with drones show the most promise, with Lux Research expecting them to deliver more than 20 billion parcels a year by 2030. Drones are currently limited to a small delivery radius, but this range can be extended by deploying them from a moving autonomous vehicle. Drone deliveries will be limited to uncongested rural areas, which have the lowest regulatory barriers to aviation. Wheeled robots are easier to develop than autonomous vehicles but are only feasible on college campuses where the incumbent delivery method is walking or bicycling. These deliveries are expected to account for only 1.5 billion deliveries annually by 2030. Robot-as-a-service business models are emerging in startups developing last-mile automated delivery technologies, says Lux Research analyst Josh Kern. Large companies that can invest in and develop their own technologies are not expected to use these services, but logistics companies and retailers with no experience in robotics likely will. E-commerce companies globally have announced multibillion-dollar supply chain investments aimed at promising faster deliveries. Fulfillment center workflow optimizations, including automated picking and packing solutions, are crucial for shortening delivery times.

Today this is mostly manual, but advancements in robotic grippers, machine vision, and collaborative robotics are all improving the ability to automate these tasks, says Robinson.

Full automation is likely more than a decade away due to increased complexity and handling of items.

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Research Predicts Automated Deliveries Will Generate up to $48.4B in Revenue by 2030 - Supply and Demand Chain Executive