Monthly Archives: March 2020

Food Automation market worldwide is projected to grow by US$5. 1 Billion, driven by a compounded growth of 6. 6%. Motors & Generators, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.

New York, March 23, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Food Automation Industry" - https://www.reportlinker.com/p05798615/?utm_source=GNW 7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$6.5 Billion by the year 2025, Motors & Generators will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 7.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$236 Million to the regions size and clout in the next 5 to 6 years. Over US$238.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Motors & Generators will reach a market size of US$544 Million by the close of the analysis period. As the worlds second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.3% over the next couple of years and add approximately US$882.3 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,

Read the full report: https://www.reportlinker.com/p05798615/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market SharesFood Automation Competitor Market Share Scenario Worldwide(in %): 2019 & 2025The Growing Need for Automation in the Food Industry

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Food Companies Prioritize Automation at Plants to Stay competitivePreventive Maintenance Drives Adoption of IIoTUse of Artificial Intelligence on Rise in Food and BeverageIndustryCompanies Focus on Automation of Process Control for LargelyManual ProcessesFlexibility Recognized as an Important Requirement in FoodAutomationMachine Innovations in Food Manufacturing

4. GLOBAL MARKET PERSPECTIVE

Table 1: Food Automation Global Market Estimates and Forecastsin US$ Million by Region/Country: 2018-2025Table 2: Food Automation Global Retrospective Market Scenarioin US$ Million by Region/Country: 2009-2017Table 3: Food Automation Market Share Shift across KeyGeographies Worldwide: 2009 VS 2019 VS 2025Table 4: Motors & Generators (Type) World Market byRegion/Country in US$ Million: 2018 to 2025Table 5: Motors & Generators (Type) Historic Market Analysis byRegion/Country in US$ Million: 2009 to 2017Table 6: Motors & Generators (Type) Market Share Breakdown ofWorldwide Sales by Region/Country: 2009 VS 2019 VS 2025Table 7: Discrete Controllers & Visualization (Type) PotentialGrowth Markets Worldwide in US$ Million: 2018 to 2025Table 8: Discrete Controllers & Visualization (Type) HistoricMarket Perspective by Region/Country in US$ Million: 2009 to2017Table 9: Discrete Controllers & Visualization (Type) MarketSales Breakdown by Region/Country in Percentage: 2009 VS 2019VS 2025Table 10: Rotary & Linear Products (Type) Geographic MarketSpread Worldwide in US$ Million: 2018 to 2025Table 11: Rotary & Linear Products (Type) Region Wise Breakdownof Global Historic Demand in US$ Million: 2009 to 2017Table 12: Rotary & Linear Products (Type) Market ShareDistribution in Percentage by Region/Country: 2009 VS 2019 VS2025Table 13: Other Types (Type) World Market Estimates andForecasts by Region/Country in US$ Million: 2018 to 2025Table 14: Other Types (Type) Market Historic Review byRegion/Country in US$ Million: 2009 to 2017Table 15: Other Types (Type) Market Share Breakdown byRegion/Country: 2009 VS 2019 VS 2025Table 16: Packaging & Repackaging (Function) World Market byRegion/Country in US$ Million: 2018 to 2025Table 17: Packaging & Repackaging (Function) Historic MarketAnalysis by Region/Country in US$ Million: 2009 to 2017Table 18: Packaging & Repackaging (Function) Market ShareDistribution in Percentage by Region/Country: 2009 VS 2019 VS2025Table 19: Palletizing (Function) World Market Estimates andForecasts in US$ Million by Region/Country: 2018 to 2025Table 20: Palletizing (Function) Market Worldwide HistoricReview by Region/Country in US$ Million: 2009 to 2017Table 21: Palletizing (Function) Market Percentage ShareDistribution by Region/Country: 2009 VS 2019 VS 2025Table 22: Sorting & Grading (Function) Market OpportunityAnalysis Worldwide in US$ Million by Region/Country: 2018 to2025Table 23: Sorting & Grading (Function) Global Historic Demandin US$ Million by Region/Country: 2009 to 2017Table 24: Sorting & Grading (Function) Market ShareDistribution in Percentage by Region/Country: 2009 VS 2019 VS2025Table 25: Processing (Function) World Market by Region/Countryin US$ Million: 2018 to 2025Table 26: Processing (Function) Historic Market Analysis byRegion/Country in US$ Million: 2009 to 2017Table 27: Processing (Function) Market Share Breakdown ofWorldwide Sales by Region/Country: 2009 VS 2019 VS 2025Table 28: Other Functions (Function) Potential Growth MarketsWorldwide in US$ Million: 2018 to 2025Table 29: Other Functions (Function) Historic MarketPerspective by Region/Country in US$ Million: 2009 to 2017Table 30: Other Functions (Function) Market Sales Breakdown byRegion/Country in Percentage: 2009 VS 2019 VS 2025Table 31: Dairy (Application) Demand Potential Worldwide in US$Million by Region/Country: 2018-2025Table 32: Dairy (Application) Historic Sales Analysis in US$Million by Region/Country: 2009-2017Table 33: Dairy (Application) Share Breakdown Review byRegion/Country: 2009 VS 2019 VS 2025Table 34: Bakery (Application) Worldwide Latent DemandForecasts in US$ Million by Region/Country: 2018-2025Table 35: Bakery (Application) Global Historic Analysis in US$Million by Region/Country: 2009-2017Table 36: Bakery (Application) Distribution of Global Sales byRegion/Country: 2009 VS 2019 VS 2025Table 37: Beverages (Application) Sales Estimates and Forecastsin US$ Million by Region/Country for the Years 2018 through2025Table 38: Beverages (Application) Analysis of Historic Sales inUS$ Million by Region/Country for the Years 2009 to 2017Table 39: Beverages (Application) Global Market ShareDistribution by Region/Country for 2009, 2019, and 2025Table 40: Fruits and Vegetables (Application) GlobalOpportunity Assessment in US$ Million by Region/Country:2018-2025Table 41: Fruits and Vegetables (Application) Historic SalesAnalysis in US$ Million by Region/Country: 2009-2017Table 42: Fruits and Vegetables (Application) Percentage ShareBreakdown of Global Sales by Region/Country: 2009 VS 2019 VS2025Table 43: Meat, Poultry & Seafood (Application) Worldwide Salesin US$ Million by Region/Country: 2018-2025Table 44: Meat, Poultry & Seafood (Application) Historic DemandPatterns in US$ Million by Region/Country: 2009-2017Table 45: Meat, Poultry & Seafood (Application) Market ShareShift across Key Geographies: 2009 VS 2019 VS 2025Table 46: Other Applications (Application) Global MarketEstimates & Forecasts in US$ Million by Region/Country:2018-2025Table 47: Other Applications (Application) Retrospective DemandAnalysis in US$ Million by Region/Country: 2009-2017Table 48: Other Applications (Application) Market ShareBreakdown by Region/Country: 2009 VS 2019 VS 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSISUNITED STATESMarket Facts & FiguresUS Food Automation Market Share (in %) by Company: 2019 & 2025Market AnalyticsTable 49: United States Food Automation Market Estimates andProjections in US$ Million by Type: 2018 to 2025Table 50: Food Automation Market in the United States by Type:A Historic Review in US$ Million for 2009-2017Table 51: United States Food Automation Market Share Breakdownby Type: 2009 VS 2019 VS 2025Table 52: United States Food Automation Market Estimates andProjections in US$ Million by Function: 2018 to 2025Table 53: Food Automation Market in the United States byFunction: A Historic Review in US$ Million for 2009-2017Table 54: United States Food Automation Market Share Breakdownby Function: 2009 VS 2019 VS 2025Table 55: United States Food Automation Latent Demand Forecastsin US$ Million by Application: 2018 to 2025Table 56: Food Automation Historic Demand Patterns in theUnited States by Application in US$ Million for 2009-2017Table 57: Food Automation Market Share Breakdown in the UnitedStates by Application: 2009 VS 2019 VS 2025CANADATable 58: Canadian Food Automation Market Estimates andForecasts in US$ Million by Type: 2018 to 2025Table 59: Canadian Food Automation Historic Market Review byType in US$ Million: 2009-2017Table 60: Food Automation Market in Canada: Percentage ShareBreakdown of Sales by Type for 2009, 2019, and 2025Table 61: Canadian Food Automation Market Estimates andForecasts in US$ Million by Function: 2018 to 2025Table 62: Canadian Food Automation Historic Market Review byFunction in US$ Million: 2009-2017Table 63: Food Automation Market in Canada: Percentage ShareBreakdown of Sales by Function for 2009, 2019, and 2025Table 64: Canadian Food Automation Market Quantitative DemandAnalysis in US$ Million by Application: 2018 to 2025Table 65: Food Automation Market in Canada: Summarization ofHistoric Demand Patterns in US$ Million by Application for2009-2017Table 66: Canadian Food Automation Market Share Analysis byApplication: 2009 VS 2019 VS 2025JAPANTable 67: Japanese Market for Food Automation: Annual SalesEstimates and Projections in US$ Million by Type for the Period2018-2025Table 68: Food Automation Market in Japan: Historic SalesAnalysis in US$ Million by Type for the Period 2009-2017Table 69: Japanese Food Automation Market Share Analysis byType: 2009 VS 2019 VS 2025Table 70: Japanese Market for Food Automation: Annual SalesEstimates and Projections in US$ Million by Function for thePeriod 2018-2025Table 71: Food Automation Market in Japan: Historic SalesAnalysis in US$ Million by Function for the Period 2009-2017Table 72: Japanese Food Automation Market Share Analysis byFunction: 2009 VS 2019 VS 2025Table 73: Japanese Demand Estimates and Forecasts for FoodAutomation in US$ Million by Application: 2018 to 2025Table 74: Japanese Food Automation Market in US$ Million byApplication: 2009-2017Table 75: Food Automation Market Share Shift in Japan byApplication: 2009 VS 2019 VS 2025CHINARise in Adoption of Automation in Food IndustryMarket AnalyticsTable 76: Chinese Food Automation Market Growth Prospects inUS$ Million by Type for the Period 2018-2025Table 77: Food Automation Historic Market Analysis in China inUS$ Million by Type: 2009-2017Table 78: Chinese Food Automation Market by Type: PercentageBreakdown of Sales for 2009, 2019, and 2025Table 79: Chinese Food Automation Market Growth Prospects inUS$ Million by Function for the Period 2018-2025Table 80: Food Automation Historic Market Analysis in China inUS$ Million by Function: 2009-2017Table 81: Chinese Food Automation Market by Function:Percentage Breakdown of Sales for 2009, 2019, and 2025Table 82: Chinese Demand for Food Automation in US$ Million byApplication: 2018 to 2025Table 83: Food Automation Market Review in China in US$ Millionby Application: 2009-2017Table 84: Chinese Food Automation Market Share Breakdown byApplication: 2009 VS 2019 VS 2025EUROPEMarket Facts & FiguresEuropean Food Automation Market: Competitor Market ShareScenario (in %) for 2019 & 2025Automation Picks up PaceMarket AnalyticsTable 85: European Food Automation Market Demand Scenario inUS$ Million by Region/Country: 2018-2025Table 86: Food Automation Market in Europe: A Historic MarketPerspective in US$ Million by Region/Country for the Period2009-2017Table 87: European Food Automation Market Share Shift byRegion/Country: 2009 VS 2019 VS 2025Table 88: European Food Automation Market Estimates andForecasts in US$ Million by Type: 2018-2025Table 89: Food Automation Market in Europe in US$ Million byType: A Historic Review for the Period 2009-2017Table 90: European Food Automation Market Share Breakdown byType: 2009 VS 2019 VS 2025Table 91: European Food Automation Market Estimates andForecasts in US$ Million by Function: 2018-2025Table 92: Food Automation Market in Europe in US$ Million byFunction: A Historic Review for the Period 2009-2017Table 93: European Food Automation Market Share Breakdown byFunction: 2009 VS 2019 VS 2025Table 94: European Food Automation Addressable MarketOpportunity in US$ Million by Application: 2018-2025Table 95: Food Automation Market in Europe: Summarization ofHistoric Demand in US$ Million by Application for the Period2009-2017Table 96: European Food Automation Market Share Analysis byApplication: 2009 VS 2019 VS 2025FRANCETable 97: Food Automation Market in France by Type: Estimatesand Projections in US$ Million for the Period 2018-2025Table 98: French Food Automation Historic Market Scenario inUS$ Million by Type: 2009-2017Table 99: French Food Automation Market Share Analysis by Type:2009 VS 2019 VS 2025Table 100: Food Automation Market in France by Function:Estimates and Projections in US$ Million for the Period2018-2025Table 101: French Food Automation Historic Market Scenario inUS$ Million by Function: 2009-2017Table 102: French Food Automation Market Share Analysis byFunction: 2009 VS 2019 VS 2025Table 103: Food Automation Quantitative Demand Analysis inFrance in US$ Million by Application: 2018-2025Table 104: French Food Automation Historic Market Review in US$Million by Application: 2009-2017Table 105: French Food Automation Market Share Analysis:A 17-Year Perspective by Application for 2009, 2019, and 2025GERMANYTable 106: Food Automation Market in Germany: Recent Past,Current and Future Analysis in US$ Million by Type for thePeriod 2018-2025Table 107: German Food Automation Historic Market Analysis inUS$ Million by Type: 2009-2017Table 108: German Food Automation Market Share Breakdown byType: 2009 VS 2019 VS 2025Table 109: Food Automation Market in Germany: Recent Past,Current and Future Analysis in US$ Million by Function for thePeriod 2018-2025Table 110: German Food Automation Historic Market Analysis inUS$ Million by Function: 2009-2017Table 111: German Food Automation Market Share Breakdown byFunction: 2009 VS 2019 VS 2025Table 112: Food Automation Market in Germany: Annual SalesEstimates and Forecasts in US$ Million by Application for thePeriod 2018-2025Table 113: German Food Automation Market in Retrospect in US$Million by Application: 2009-2017Table 114: Food Automation Market Share Distribution in Germanyby Application: 2009 VS 2019 VS 2025ITALYTable 115: Italian Food Automation Market Growth Prospects inUS$ Million by Type for the Period 2018-2025Table 116: Food Automation Historic Market Analysis in Italy inUS$ Million by Type: 2009-2017Table 117: Italian Food Automation Market by Type: PercentageBreakdown of Sales for 2009, 2019, and 2025Table 118: Italian Food Automation Market Growth Prospects inUS$ Million by Function for the Period 2018-2025Table 119: Food Automation Historic Market Analysis in Italy inUS$ Million by Function: 2009-2017Table 120: Italian Food Automation Market by Function:Percentage Breakdown of Sales for 2009, 2019, and 2025Table 121: Italian Demand for Food Automation in US$ Million byApplication: 2018 to 2025Table 122: Food Automation Market Review in Italy in US$Million by Application: 2009-2017Table 123: Italian Food Automation Market Share Breakdown byApplication: 2009 VS 2019 VS 2025UNITED KINGDOMTable 124: United Kingdom Market for Food Automation: AnnualSales Estimates and Projections in US$ Million by Type for thePeriod 2018-2025Table 125: Food Automation Market in the United Kingdom:Historic Sales Analysis in US$ Million by Type for the Period2009-2017Table 126: United Kingdom Food Automation Market Share Analysisby Type: 2009 VS 2019 VS 2025Table 127: United Kingdom Market for Food Automation: AnnualSales Estimates and Projections in US$ Million by Function forthe Period 2018-2025Table 128: Food Automation Market in the United Kingdom:Historic Sales Analysis in US$ Million by Function for thePeriod 2009-2017Table 129: United Kingdom Food Automation Market Share Analysisby Function: 2009 VS 2019 VS 2025Table 130: United Kingdom Demand Estimates and Forecasts forFood Automation in US$ Million by Application: 2018 to 2025Table 131: United Kingdom Food Automation Market in US$ Millionby Application: 2009-2017Table 132: Food Automation Market Share Shift in the UnitedKingdom by Application: 2009 VS 2019 VS 2025REST OF EUROPETable 133: Rest of Europe Food Automation Market Estimates andForecasts in US$ Million by Type: 2018-2025Table 134: Food Automation Market in Rest of Europe in US$Million by Type: A Historic Review for the Period 2009-2017Table 135: Rest of Europe Food Automation Market ShareBreakdown by Type: 2009 VS 2019 VS 2025Table 136: Rest of Europe Food Automation Market Estimates andForecasts in US$ Million by Function: 2018-2025Table 137: Food Automation Market in Rest of Europe in US$Million by Function: A Historic Review for the Period 2009-2017Table 138: Rest of Europe Food Automation Market ShareBreakdown by Function: 2009 VS 2019 VS 2025Table 139: Rest of Europe Food Automation Addressable MarketOpportunity in US$ Million by Application: 2018-2025Table 140: Food Automation Market in Rest of Europe:Summarization of Historic Demand in US$ Million by Applicationfor the Period 2009-2017Table 141: Rest of Europe Food Automation Market Share Analysisby Application: 2009 VS 2019 VS 2025ASIA-PACIFICTable 142: Food Automation Market in Asia-Pacific by Type:Estimates and Projections in US$ Million for the Period2018-2025Table 143: Asia-Pacific Food Automation Historic MarketScenario in US$ Million by Type: 2009-2017Table 144: Asia-Pacific Food Automation Market Share Analysisby Type: 2009 VS 2019 VS 2025Table 145: Food Automation Market in Asia-Pacific by Function:Estimates and Projections in US$ Million for the Period2018-2025Table 146: Asia-Pacific Food Automation Historic MarketScenario in US$ Million by Function: 2009-2017Table 147: Asia-Pacific Food Automation Market Share Analysisby Function: 2009 VS 2019 VS 2025Table 148: Food Automation Quantitative Demand Analysis inAsia-Pacific in US$ Million by Application: 2018-2025Table 149: Asia-Pacific Food Automation Historic Market Reviewin US$ Million by Application: 2009-2017Table 150: Asia-Pacific Food Automation Market Share Analysis:A 17-Year Perspective by Application for 2009, 2019, and 2025REST OF WORLDTable 151: Rest of World Food Automation Market Estimates andForecasts in US$ Million by Type: 2018 to 2025Table 152: Rest of World Food Automation Historic Market Reviewby Type in US$ Million: 2009-2017Table 153: Food Automation Market in Rest of World: PercentageShare Breakdown of Sales by Type for 2009, 2019, and 2025Table 154: Rest of World Food Automation Market Estimates andForecasts in US$ Million by Function: 2018 to 2025Table 155: Rest of World Food Automation Historic Market Reviewby Function in US$ Million: 2009-2017Table 156: Food Automation Market in Rest of World: PercentageShare Breakdown of Sales by Function for 2009, 2019, and 2025Table 157: Rest of World Food Automation Market QuantitativeDemand Analysis in US$ Million by Application: 2018 to 2025Table 158: Food Automation Market in Rest of World:Summarization of Historic Demand Patterns in US$ Million byApplication for 2009-2017Table 159: Rest of World Food Automation Market Share Analysisby Application: 2009 VS 2019 VS 2025

IV. COMPETITION

ABB GROUPEMERSON ELECTRICFORTIVE CORPORATIONGEA GROUP AGMITSUBISHI ELECTRIC CORPORATIONREXNORD CORPORATIONROCKWELL AUTOMATIONSCHNEIDER ELECTRIC SASIEMENS AGYASKAWA ELECTRIC CORPORATIONYOKOGAWA ELECTRIC CORPORATIONV. CURATED RESEARCHRead the full report: https://www.reportlinker.com/p05798615/?utm_source=GNW

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Global Food Automation Industry - Yahoo Finance

If theres anyone who knows about network automation, its Rakuten Mobile CTO Tareq Amin. Hes leading the charge to build a greenfield LTE network in Japan that will launch commercially in early April.

In advance of FierceWireless'virtual panel about network automation on Tuesday, March 24,Amin spoke with FierceWireless about Rakutens network automation work.

Rakuten has worked with a bevy of vendors, and its also orchestrated open source software to build this fully virtualized network, which currently has about 188 virtual network functions and 6,000 virtual machines. Amin said, The truth is this was not easy, but I have never, ever felt for a moment of my life this will not work.

Automation: Take the fast lane on the path to 5G

Automation will play a critical role in helping operators meet these challenges to speed the delivery of 5G networks and derive new revenues.

He added, We stumbled quite a bit, not in the areas I thought we would be most challenged. I thought RAN would be most complex. But of all my challenges I have faced, I attribute 10% to radio and 90% to everything else.

Amin said Rakuten acted as a systems integrator for its own network. And it had to orchestrate all the pieces and parts together from the virtualized core to the virtualized RAN, to the back-office systems. It was taxing. We really had to become the glue for everybody.

It was the little things that caused some of the biggest headaches. For instance, working with the new BSS/OSS system for policy and charging was a challenge. The company is actually planning to acquire a start-up BSS/OSS company that it worked with on the project. Amin refused to name the company at this point because the deal is in final negotiation stages. But he said to look for an announcement in about three weeks.

BT

Neil McRae, BTs managing director and chief architect, will be participating in Tuesdays panel on network automation. BT belongs to the O-RAN Alliance, which is developing standardized open interfaces for the radio access network (RAN). But the British operator isnt all that enamored with commercial solutions that use O-RAN, yet.

RELATED: BT develops Ultra MIMO radio, taps O-RAN for insights

BT isnt religiousabout virtualization for its own sake. We think sometimes youre increasing the complexity of operations, McRae said. Today I talk to my supplier, and they resolve it. In a disaggregated network, I have to talk to more than one supplier; I have to have a programmer on my own staff to de-bug it. Weve got a lot to learn how to operate the infrastructure. We will use the best solution for customer experience and that allows us to make a return. When you look at O-RAN its still not clear to me thattheres a really strong single direction for the parties involved.

Amin acknowledges that its a lot of work to manage multiple vendors and open source software and act as your own systems integrator. He said Rakuten Mobiles engineering organization is very flat, and he has a lot of direct reports, which makes his job even more demanding. But he wanted to make sure Rakuten was in charge of its own destiny.

For its part though, BT must deal with an old, established network. McRae said Rakuten doesnt have to worry about 20 years or more of legacy equipment. In cost terms, do we see any benefits of disaggregation in the mobile core? No, we see the opposite is true, McRae said. Its more costly to run and with greater likelihood of problems.

Vodafone, however, also must deal with a legacy network. But its become an early adopter of open RAN technologies. In November 2019, Vodafone announced that it would issue a request for quotes for open RAN technology for its entire European footprint.

RELATED: Vodafone leads the early adopter phase of O-RAN

Mostafa Essa, an AI and data analytics distinguished engineer with Vodafone, said, If you use a specific vendor for the RAN and ask him to carry some new features for something you are needing that is impacting your customers, they have to go back to their R&D and build up features. Then well test and give feedback. Right now, by using the open RAN concept, you can build up whatever you want whenever you want. Its not connected to vendors roadmaps.

Open RAN gains momentum

DellOro analyst Stefan Pongratz has said, Given the current progress and the overall readiness with both the open RAN and non open RAN virtualization tracks, we anticipate that the benefits with purpose-built RAN will continue to outweigh the benefits with virtual RAN over the near-term.But he adds that open RAN momentum is accelerating as the ecosystem develops, as partnerships are formed and as operators experiment with trials.

Rakutens Amin said, When you deal with software, life is slightly a bit easier. I know I can fix software. Were getting really good at isolating and fixing the problems."

Among its many leading-edge (or perhaps bleeding-edge) innovations, Rakuten has changed the process of how a vendor partner delivers software to Rakuten. It created a lab management platform in which its cloud and the R&D cloud of the vendor partners are tightly linked so that software development can go much faster. Amin said the dev/ops processes that in the past typically took sixmonths have been sped up to a matter of days.

Original post:

Rakuten Mobile's CTO says RAN wasn't as troublesome as other things: Special Report on Automation - FierceWireless

There are no downsides to getting on board with the right software.

March19, 20206 min read

Opinions expressed by Entrepreneur contributors are their own.

By now, most business leaders and marketers fully understand the importance of having amarketing-automation software. However, that doesnt mean all of us are actually using one.Being an entrepreneur means you have your hand in basically everything happening within your company. This gives you little time to research enabling tools and products. But if you want your teams to save time, nurture leads effectively, track success from their effortsand consolidate materials and strategy into a comprehensive, linear space, its time to take the plunge.

Entrepreneurs, in particular, need to maximize every effort, every second and every person on the payroll. That makes marketing automation a critical tool when running a tight budget.Whether your marketing is account-based, B2B or B2C, you can almost certainly implement a few more automated marketing perks into your cycle. Here are a few that I find especially useful.

Related: Digital Marketing Hacks for 2020

This is one of the very basic perks that every marketing automation software offers. That aside, it caters to a very specific concern most entrepreneurs have: acquiring leads. These two facts alone are why this perk is probably the most important.Every one of your website visitors should have a simple way to learn more about your company. Whether its a sidebar contact form, a recurring email newsletter pop-upor a call to action at the end of every blog post, the main goal of your site is to convert visitors into leads.

Your software should help you set up these various lead-capturing capabilities pretty easily. You must check your landing pages, formsand blog posts at least monthly to see how well theyre doing with conversions. If improvements are needed, tweak their design or wording and check back again. A/B test the heck out of them, so by the time theyre hitting conversion numbers youre happy with, you can focus on other matters while still bringing in leads.

A good CRM will offer form actions to segment your leads into distinct categories, corresponding to a different drip campaign. By that point, half the work is already done.

Every company is sitting on loads of lost leads people who seemed interested and dropped off the radaror customers who stopped using your product actively, but havent necessarily signaled that they dont want to hear from you again. Many dont know what to do with these leads or havent fully figured out how to use them in a beneficial way. These lostleads are just waiting for you to turn them into an opportunity.

As entrepreneurs, we dont like the feeling of hopelessness, and the simple truth is that if youve still got lost leadsdata, then theres still hope. Re-engagement campaigns are not only useful for reigniting old flames; theyre also cost-effective ways to find new leads. Better yet, automation is perfect for these types of initiatives, since you can reach out to these leads on a wide scale while still personalizing your outreach. You can easily create campaigns that can spark re-engagement and incentivize them to either start using your product againor start a conversation about your product.

Drip campaigns are a given.You want to keep in touch with people whove bought your product, and youll obviously segment your lists because no list is worth maintaining without proper segmentation for a personalized experience.But with marketing-automation software, you dont have to stop there. You can convert standard customer-engagement drip campaigns, including calls for reviews or feedback in exchange for coupons, into greater drip campaigns, such as occasional newsletters or mailing lists.

For entrepreneurs spearheading new businesses, keeping their brands top-of-mind is critical, and well-organized drip campaigns are a big part of that. You dont have to spend tons of time manually segmenting leads and assembling series of emails. Your automation tool does it all for you so you can focus on other important things, like keeping your business thriving.

Going from meeting to meeting to meeting is just another reality for most entrepreneurs. We dont have much time to organize a follow-up, but we all know how much we need a reminder. Your software allows you to set up alerts so that your follow-ups dont become a casualty of your hectic schedule. Whats more, these alerts are configured to hot leadsbuying behavior, so you can be sure only to approach them when youve got a hint that theyre interested.

A good CRM will let you set up alerts for leads, such as when they hit specific tag scores, click a particular link, download a product demo, attend a webinar or visit a unique URL on your site.

Related: 4 CRM Hacks Every Entrepreneur Should Be Using

Spending money on ads that dont deliver isnt something new businesses can afford (literally). This is why having an analytics dashboard that shows exactly where your marketing efforts are succeeding is a major perk of marketing-automation software.

When you have automated marketing in place, aside from creating efficiencies, you can see all the data that comes from each effort. Your software lets you check each landing page, gated content and forms to determine which are converting well and generating more leads. Being able to easily decipher which pages of your site are performing best is a great way to inform your ad spend and digital-marketing strategy.

The beauty of automation is not merely in how it enables you and your teams.Its in the tech that comes with it. Automation, by definition, means you also get the latest digital integrations and analytics data, which can help boost your company and help you avoid wasting time and money.

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The Top 5 Perks of Marketing Automation - Entrepreneur

As humans, we have been fascinated about using tools to make our lives easier and to get more done for our entire history. Our ancestors invented modern agriculture by using animals for work. Then they created mechanical machinery to create whole new industries.

They developed bicycles, then motorcycles, cars, trains, and planes to get around faster. Then they created computers and the internet to do the mental heavy lifting as well. Automation is not new, but the way we think about it is.

Automation is something that is talked about a lot at present. Were told that automation can make our lives easier, take away mundane tasks that we dont want to do, help us be more efficient, and find new ways for us to entertain ourselves.

Sometimes the claims can seem a little ridiculous, like theyve been taken straight from a science fiction film. Yet some claims and ideas for automation are very much based on reality and are already implemented or could be very soon.

So how will automation affect London and the people that live and work in the city?

Jobs

Of course one major change that automation will bring about is in jobs. Low skilled and repetitive jobs such as those in retail are likely to be at risk. This is a trend that is already happening as self-checkouts replace humans.

Although low-paid jobs are five times more likely to be replaced by a robot, higher-paid jobs will be affected too. Finance jobs (which London has a lot of) will be at risk because robots can do a better job at picking stocks. Automated tracker funds and ETFs, such as those that just replicate the FTSE 100, are growing in popularity. This could see a fall in the number of fund managers.

Talk about a universal basic income to protect people from the changes in the job market have been discussed by governments across the world, and have even been trialled in parts of Europe. This would see people paid a set amount of money by a government each month, regardless of whether they work or not. The idea behind it being that it will let people focus on other volunteering or starting a business. Such a scheme could also help to reduce the number of people using food banks, reversing recent trends which has seen their use increase by 22%.

There will also be new jobs created, people will need to build and maintain robots and other automation equipment. So people may need to retrain to adapt to the changing job market.

Transport

Computers make better risk judgments than humans. They can also communicate and make calculations faster. Since these are all crucial elements of driving, its likely automation will change transport significantly.

It wont just be driving jobs that will be at risk, but automation will be able to speed up journey times and eradicate congestion. The majority of road congestion comes from vehicle volume and the concertina effect. This is when someone at the front of a string of cars brakes gently, which is magnified along the row of cars that results in some having to stop.

Automation will be able to stop all of these, allowing driverless cars to travel closer together and may remove the need for traffic lights. Cars could talk to each other as they approach an intersection, with some slowing down and others speeding up to go through without stopping. Trains too may be able to travel closer together through such a system.

In a crowded city like London, these will be useful in improving journey times and reducing the length of time we all have to spend commuting each day.

Improved Environment

Less stopping and starting by cars will mean reduced CO2 emissions in our cities. However, automation can also help to improve our environment in cities in other ways.

Automation could be used to increase the amount of waste that gets recycled. A recycling centre in North Las Vegas already uses this technology to process 70 tons of material every hour.

Robots may also be able to operate 24/7 indoor food growing factories that could produce more food in less space and with less water. Growing food closer to food populations could also reduce the emissions associated with transport.

A Japanese company called Spread has already built a factory with the ability to produce 21,000 heads of lettuce every single day. It creates what it calls vertical farms, where plants can be grown on racks that are stacked up on top of each other and artificially lit in perfectly controlled environments.

Using these techniques in London would help feed Londoners with more environmentally friendly food while also helping to reduce the waste that they produce.

The effects of automation will only be known for certain when they are realised, however there are plenty of positives that can be taken from the prospects. The main negative, which is the risk to jobs, can also be mitigated by making sure social safety nets and training schemes are in place.

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How Will Automation Affect London? - London Post

Its hard not to paint a bleak picture of the in-destination experiences sector. Tom Jenkins, CEO of the European Tour Operators Association, called the tour operator business a bloodbath in the jungle.

Rezgo CEO, Stephen Joyce, who spoke at WiT Indie 2020 earlier this month, predicted Covid-19s impact would result in a mass culling of the long tail as more cash-rich operators manage their market share while smaller operators struggle to stay in business long enough for travel demand to finally return.

Asthings settle down, we may see a return of some operators to the space, butbecause of the financial impact this crisis will have on many individuals,there may be a large number of operators who decide to return to the work forceand leave entrepreneurship, and its associated risks behind, said Joyce.

The crisis serves as a bitter reminder for anotoriously offline industry of the critical need to go digital, if their brandis to survive once some level of normality resumes.

At this point, staying inbusiness is the number one priority In the short term, they should make surethey have the basics taken care of like making sure they have a website andtheir Google profile is updated. He also recommended focusing on marketinglocally, shifting their attention to targeting domestic travellers who arelooking for something to do closer to home.

According to BeMyGuest CEO, BlancaMenchaca, the ability to endure this situation alongwith the regeneration of our industry will be dependent on keeping costs to aminimum and automating the essential sales process[A] colossal spotlight hasbeen activated, shining directly on the massive inefficiencies of manualprocesses in our industry The current crisis has only served to furtherhighlight the critical need for automation throughout the attractions, toursand activities industry.

Whilean unfortunate way to learn a lesson on the power of digital, Menchaca arguedthat the dramatic downturn in travel could be an opportunity for experienceproviders to upgrade their offerings and processes in the long run.

Operatorswho were confident in their flourishing business believing they had no need fortechnology are now bearing the very real costs of resource excess. Its timefor agents and operators to take a serious and realistic look at theiroperations and leave the old ways behind them. If nothing else, the Covid-19situation has shown us how critical automation is to saving time and money.

Thisis a great time to prepare for the path back to recovery with a completeoverhaul of outdated, manual methodology, [and get] ready for the upturn, whichwe all know will eventually come.

Fortunately, many technologyproviders are working to develop online tools to help operators manage thistime, in an effort to help the industry get back on its feet. Going forward were giving ourfull commitment to further tech innovations to directly help the industrybounce back, said Menchaca.

BeMyGuest is helping facilitatecancellations and maintain refund records. Rezgo is crediting cancellation fees back to suppliers,to eliminate any additional costs. Klook is implementing flexible policies and processes as well helpingreschedule activities to also minimise operator costs.

Klookis also working closely with tourism organisations and various recoverytaskforces, relaying information between governmental bodies and independentmerchants, to ensure they get any support offered.

While the entireindustry is in unchartered waters and it is easy to be pessimistic, those thatmake it through will be in a new position of strength, so long as they use thistime effectively.

Thebusinesses that do last through this crisis will be stronger because ofit. Once the climate improves and demandreturns, these companies will be a great position to gain new business andreturn to a growth phase, said Joyce.

For example, Questo a real-world exploration game that combines mobile gaming with self-guided tours has undoubtedly seen cancellations and a dip in sales, but is using the lull to develop more quests in preparation for the rebound.

As amarketplace for tours as games, our demand side is driven by supply, and so themore tours we offer, the more our users will playThis way, once this crisis [is] over, our users willhave more content to explore. Sales-wise, we might focus a bit more on shortdistance travellers, said CEO, Alex Govoreanu.

Admittedly, as Questo toesthe line between mobile gaming and in-destination experiences, its digitaloperations inoculate it from the broader consequences of the pandemic faced byothers in the sector. Itsdigital-first approach has naturally let it overcome the hurdle of runningin-destination experiences in just one place.

Being available in multiple destinations is hard, but its a great advantage in times of crisis because it makes the company less fragile. I will advise anyone to analyse their company for finding the true things that could transform their business into an anti-fragile one, said Govoreanu.

Lead image: Getty Images

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The longtail of travel may get cut off automation is one way to get it back up - Web In Travel

Food safety remains a top-of-mind concern for food manufacturers, especially considering some of the top recalls in 2019 were caused by bacteria contaminationincluding Listeria and E. coli. Every aspect of the plant operation, from maintenance to executives, to junior staff and quality control, holds both responsibility and concern in producing safe food. Unfortunately, theres a lot at stake when plant operations sanitation programs run into issues, which can cause health threats.

While the rapid explosion of new innovations complements our daily lives in efficiency and convenience, plant operations may find difficulty in keeping up-to-speed with new technology such as robotics, drones and automated applications. When facilities equipment becomes more and more outdated, it poses food safety challenges around cleaning, maintenance and upgrades.

Luckily, in some cases, innovation is becoming much easier to deploy. Opportunities abound for food processing plants to integrate new technologies into their operations to deliver significant returns on investment while simultaneously enhancing sanitation, safety and production efficiency on the plant floor.

There are many pitfalls with older, more traditional cleaning techniques. In a place where cleanliness is critical to food safety and public health around the world, the industry understands sanitation means more than just scrubbing, mopping and wiping. While these are important daily practices to be done around the processing plant, there are still concerns on whether this kind of intermittent cleaning is truly enough to keep surfaces completely sanitizedknowing that continuous cleaning around the clock seems impractical in any facilities.

Unfortunately, there are many areas, some very hard to reach, for bacteria and other pathogens to live and spread around a processing plant. Zone 1, which holds the conveyor belt and other common high-touch points, consistently comes into contact with food, chemicals and humans. However, for processors to reduce the likelihood of contaminated food, they must consider areas outside of Zone 1 as wellincluding employee break rooms, hallways and bathroomsto implement automated sanitation technologies. Additionally, the most common food contaminants, such as Listeria, Salmonella and E. coli, are usually invisible to the naked eye. Therefore, plants need to employ automated technology to continuously kill microscopic bacteria, mold and fungi to prevent regrowth and ensure clean food and equipment.

When looking to upgrade a plant operation facility, automated technology should be top-of-mind. Automated food production technologies solve two main problems: Food safety and sanitation efficiency. Wash-down robotic systems work to prevent food contamination, while other automated robots complete tasks on the production floor such as packaging, transporting and lifting. With the CDC estimating that roughly one in six Americans suffer from foodborne illnesses, the need for improved sanitation design is integral.

In todays age, there are several ways to achieve heightened cleanliness by incorporating automation and robotics into production lines. Slicers, dicers and cutters are manufactured with hygienic design in mind. Smart cleaning equipment can automatically store various cleaning steps. Data tracking applications can monitor sanitation steps and ensure all boxes are checked throughout the cleaning program.

Incorporating antimicrobial LED lighting ensures sanitation is truly integrated into the facilitys designworking continually 24/7 to kill and prevent bacteria, and its growth while also serving a dual purpose of both antimicrobial protection and a proper source of illumination. As is the case with this type of technology, once these lights are installed, it becomes an easy, hands-free way of reducing labor, chemicals and, in many cases, work stoppages.

According to Meticulous Research, the global food automation market is expected to be worth $14.3 billion by 2025. With automation set to explode, its important for leaders in the food and beverage industry to take advantage of safety tech innovations to advance sanitation around the processing plant. Facility upgrades to improve, enhance and automate sanitation could impact food manufacturers in the long-term by decreasing costs, preventing recalls, improving brand value, gaining consumer trust, minimizing risk and impacting the bottom line.

Improvements made in disposable technology could help reduce the spread of foodborne illnesses.

The handheld system features a new software platform, enhanced optical technology and wireless connectivity.

Providing practical and simple solutions are important when promoting adherence.

Advanced technology could help fulfill the consumer desire for more transparency in the food supply.

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How Automated Technology is Transforming Sanitation in Plant Operations - FoodSafetyTech

The U.S. tax code systematically favors investments in robots and software over investments in people, suggests, a paper to be discussed at the Brookings Papers on Economic Activity conference March 19. The result is too much automation that destroys jobs while only marginally improving efficiency.

The paperDoes the U.S. Tax Code Favor Automation by Daron Acemoglu and Andrea Manera of MIT and Pascual Restrepo of Boston Universitysystematically documents the lopsided tax treatment of capital and labor. The authors then focus on potential fixes, particularly on reducing bonus depreciation, which allows businesses to immediately write off a large portion of their investments in automation rather than over its useful life.

We find that the U.S. tax system favors excessive automation. In particular, the heavy taxation of labor and low taxes on capital encourage firms to automate more tasks and use less labor than is socially optimal.

Compared with effective labor taxes that stand above 28.5 percent, the effective tax rate on capital invested in equipment and software has declined to about 5 percent today, largely as a result of favorable depreciation provisions in a series of tax laws enacted from 2002 through 2017 under the George W. Bush, Barack Obama, and Donald Trump administrations, the paper said. Ideally, the authors analysis suggests, labor should be taxed at 9 percent and capital at 22 percent.

Most importantly we find that the U.S. tax system favors excessive automation. In particular, the heavy taxation of labor and low taxes on capital encourage firms to automate more tasks and use less labor than is socially optimal, the authors write.

They link a variety of negative economic trends to excessive automation, including a decline in labors share of income from non-farm businesses (63.6 percent in 1980 and 56.6 percent in 2017), only modestly higher inflation-adjusted wages for the median worker (up 16 percent over the 37-year period), and lower wages for less-skilled workers (down 6 percent for men with a high school diploma, for instance).

Eliminating the capital bias in the tax code, the authors estimate, would raise the number of employed people by 6.5 percent and increase labors income share by 1.1 percentage points. More-modest reforms could still increase employment by 1.9 to 2.9 percentage points.

The authors point out that not all increased automation hurts workers. In particular, investing in efficiency-enhancing technology in automated industries where workers have already been displaced would benefit the remaining workers.

They also point out that higher corporate income taxes and lower depreciation allowances could be more effective in addressing excessive automation than increasing taxes on wealthy individuals.

The beauty of getting rid of distortions in the tax system is that you are leaving automation decisions in the private sector but you are getting rid of artificial incentives, created by bonus depreciation, to adopt less-than-worthwhile automation, Professor Acemoglu said an interview with Brookings.

David Skidmore authored the summary language for this paper. Becca Portman assisted with data visualization.

Acemoglu, Daron, Andrea Manera, and Pascual Restrepo. 2020. Does the U.S. Tax Code Favor Automation? BPEA Conference Draft, Spring.

Kamer Daron Acemoglu is the Elizabeth and James Killian Professor of Economics at the Massachusetts Institute of Technology (MIT) and a member of the Temporary Nomination Committee for the National Academy of Sciences; Andrea Manera is a graduate student in economics at MIT; Pascual Restrepo is an assistant professor of economics at Boston University and recently served as guest editor for the Journal of Labor Economics. Beyond these affiliations, the authors did not receive financial support from any firm or person for this paper or from any firm or person with a financial or political interest in this paper. They are currently not officers, directors, or board members of any organization with an interest in this paper. No outside party had the right to review this paper before circulation. The views expressed in this paper are those of the authors, and do not necessarily reflect those of MIT, Boston University, or the National Academy of Sciences.

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Does the US tax code favor automation? - Brookings Institution

Topgolf Entertainment Groups venues connect communities of fans in meaningful ways through technology, entertainment, food and beverage, and the belief that Topgolf is an entertainment destination where one can discover common ground no matter the occasion.

Topgolf venues feature high-tech gaming, climate-controlled hitting bays, a chef-driven menu, hand-crafted cocktails, music, corporate and social event spaces, and more. Topgolf venues entertain more than 20 million guests annually at nearly 60 locations across the U.S. and internationally.

In order to offer guests the ultimate sports and entertainment experience across all venues, the company sought to enhance its technology platform by transitioning from consumer televisions to immersive and durable commercial displays. These digital displays are a key component within Topgolfs multi-level complexes.

Topgolf searched for an advanced video and content distribution system to enhance the Topgolf experience for customers and employees alike. The goal was to create a customizable display solution with a longer shelf life and an exceptional warranty.

Upgrading from consumer TVs to commercial displays and software would solve the end-of-life problem and improve the longevity of the units themselves. Additionally, expenditure on replacement units would decrease and reliability would increase while guests enjoy a real-time, dynamic visual solution.

With a growing number of venues, Topgolf wanted to identify digital signage and software solutions that would be durable, reliable and allow simultaneous control of content delivery and display management in an innovative fashion. The displays would need to accurately and clearly present the rich colors and vivid details, while splitting the screen into three sections to accommodate varying content needs.

More importantly, the displays would need to seamlessly connect to one another for quick, easy use from a central location.

Topgolf enlisted SAVI Controls, LG Business Solutions, and commercial integration partner Diem Digital, to create a solution called SAVI Canvas. This software was developed by the SAVI Controls team to run exclusively on LGs webOS Signage platform, an operating system that is embedded across its smart commercial displays.

Diem Digital has been providing turn-key AV control solutions to Topgolf for nearly a decade, previously on consumer-grade televisions and now on commercial-grade digital signage displays. More than 10,000 LG webOS displays have now been installed in more than 50 Topgolf venues.

SAVI Canvas combined the power of SAVI Controls with LGs webOS technology to enable Topgolf to control, manage and deliver content to displays at each venue all over a single network cable. This provided the required nucleus to build a one-of-a-kind solution with a significant amount of flexibility for Topgolf. This solution also met Topgolfs need for a tri-pane display feature that can simultaneously show DIRECTV programming, digital signage content and the Topgolf game on a single portrait display.

On the front end, the user interface provides great options; for instance, a manager can use facility view to quickly and easily control all the different displays throughout the venue, says Byron Baird, Vice President, Sales, SAVI Controls.

SAVI developed new custom mounts and enclosures which LG certified for warranty purposes, providing Topgolf improved ongoing service and support for the display hardware.

Topgolf now has the flexibility to display broadcast programs, Topgolf TV, marketing messaging, and custom content from its gaming systems, including Toptracer, within the tri-pane solution. All of which further elevates the guest experience.

LG is the best partner weve ever had, said Derek Wilson, President, Diem Digital. Weve worked with many different companies, but until now have never had someone by our side who truly works with us as a team member to pull off everything you see at the Topgolf venue. Its cutting-edge technology that nobody can touch.

Since deploying the solution at more than 50 locations, Topgolf has seen significant benefits, heard positive feedback and achieved unprecedented innovation.

When you get to know the Topgolf and LG business models, you understand that it is all about the customer experience, says Craig Rathbun, Senior Enterprise Account Manager, LG Business Solutions USA. Its thinking through how to bring better functionality, better user experience, more graphics, enhanced colors, and all of that energy and excitement to the table.

The implementation of the LG displays and SAVI Canvas solution not only enabled Topgolf to manage displays remotely, but also significantly reduced the failure rate and replacement labor overhead of previous consumer displays.

One specific benefit of this groundbreaking collaboration is that Topgolf is now able to introduce new virtual games, Ball Flight Track and Jewel Jam, with its Toptracer ball flight tracing technology that appears in one of the three panes within the LG display.

Enhancements like this support Topgolfs overall goal of enhancing the customer experience with the best entertainment options. Topgolf continues to add new games that are currently in beta testing and development, thanks to the innovation developed by LG and SAVI Controls.

See more awesome tech projects here

Its really been a very collaborative process; theres never been a dull day, constantly evolving, constantly looking for ways to innovate and tie all of our technology and experiences together, said Scott Shultz, Director of Infrastructure and Venue Technology, Topgolf.

All partners agree the collaboration is a game-changing, win-win scenario for the Topgolf organization. Customers continue to enjoy the ability to keep up with sports and other TV programs, while at the same time, having a fantastic, unique entertainment experience, and Topgolf enjoys a platform that helps the company to achieve its business goals and high standards of performance and aesthetics.

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Topgolf Automation Systems Keeps the Focus on Fun - TechDecisions

74% of companies reveal that they are actively exploring new instances for automation. The manufacturing and extraction industry exponentially realizes the need for implementing process automation solutions. It is propelled by the convergence of technological advancement, as well as the blurring lines between physical and virtual environments.

While most companies understand the competitive need for automation, many are failing to move forwards the cause of lack of either resources or knowledge. The practice of upgrading process automation solutions with state-of-the-art control technology brings enormous returns.

Key Highlights of Business Process Automation Solutions:

How to determine the need for Process Automation Solutions?

Industrial contractors advise and offer process automation solutions for handling different industry requirements of manufacturing, oil and gas industries. It enhances the efficiency, performance, and accuracy within security and monitoring application limits. Process automation solutions specialists recommend approaches and practices to evaluate the what, where, when and how, for any structural operation changes that generate tangible values.

After a company selects the process automation solutions specialist, the approach, the next move is to implement the recommended solutions successfully. Together with the specialist, the company can create an implementation framework and stay equipped with the right tools. This method highlights the power of process automation solutions and its adaptability to any industry needs. This framework creates the foundation for a swift transition to the long-term process automation solutions strategy and its operational modules.

The implementation of the process automation solutions plan varies according to the industry type. Automation Specialists and experts can also help with the strategy for manually exhaustive, voluminous, tedious and susceptible to error manual procedures. For a smooth change and a decrease in the scope of inaccuracies or errors, each implementation stage of the process automation solutions should be conveyed to each concerned personnel.

Take a look at the common benefits that all industries get by process automation solutions:

Process automation solutions are changing the way businesses and their models are functioning today. It can catalyze existing methods and assimilate with multiple technology systems in a non-intrusive way, thereby boosting overall efficacy and productivity.

Process Automation Solutions operate continually except during system maintenance or suspension of operations. Also, automation devices and systems require minimal supervision and support.

Process automation solutions programs target industry procedures that have a possibility of human-made errors. Automated systems work continuously and decrease any kind of re-work or finishing. Integrating process automation solutions deliver the highest degree of uniformity across each process consistently. This increasing develops improved output quality.

Process automation solutions perform a massive amount of monotonous and high physical activity work in a relatively shorter timeline. It also exempts human resources to facilitate improved consumer interaction. Quicker processing combined with precision and enhanced consumer interaction boost consumer satisfaction substantially.

Hiring, training, encouraging, supervising and retaining human resources is a constant and pricey issue. Process automation solutions get upgraded and modified for specific processes without many difficulties.

A strategic mix of advanced technologies, business experiences and selective system integrator partners, combined with a robust inter-operable designensures optimum efficiency, improved productivity and execution of the project as defined.

Obtain support from automation specialists to deliver the perfect execution of process automation solutions and also gain continual support throughout the lifecycle of the automation systems and take your overall growth to another level.

Have any thoughts on this? Let us know down below in the comments or carry the discussion over to ourTwitterorFacebook.

Just another guy who likes to write about tech and gadgets.

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Start your digital journey with these 3 process automation solutions - KnowTechie

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Rockwell Automation in Focus

Headquartered in Milwaukee, Rockwell Automation (ROK) is an Industrial Products stock that has seen a price change of -33.35% so far this year. The industrial equipment and software maker is paying out a dividend of $1.02 per share at the moment, with a dividend yield of 3.02% compared to the Industrial Automation and Robotics industry's yield of 0.79% and the S&P 500's yield of 2.67%.

Taking a look at the company's dividend growth, its current annualized dividend of $4.08 is up 5.2% from last year. Over the last 5 years, Rockwell Automation has increased its dividend 5 times on a year-over-year basis for an average annual increase of 10.41%. Any future dividend growth will depend on both earnings growth and the company's payout ratio; a payout ratio is the proportion of a firm's annual earnings per share that it pays out as a dividend. Rockwell Automation's current payout ratio is 48%. This means it paid out 48% of its trailing 12-month EPS as dividend.

Looking at this fiscal year, ROK expects solid earnings growth. The Zacks Consensus Estimate for 2020 is $8.73 per share, representing a year-over-year earnings growth rate of 0.69%.

Bottom Line

Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout.

For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, ROK is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportRockwell Automation, Inc. (ROK) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research

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Are You Looking for a High-Growth Dividend Stock? Rockwell Automation (ROK) Could Be a Great Choice - Yahoo Finance