Daily Archives: March 3, 2021

Using Warehouse Automation to Create Happy Employees, Happy Executives and Happy Customers – SupplyChainBrain

Posted: March 3, 2021 at 2:09 am

Join Bob Bowman, managing editor of SupplyChainBrain, as he moderates a lively panel discussion with forward-thinking leaders who are looking to swap tips and share stories to inspire and invigorate your plans for automation. Distributors are tight on budget, their workforces are strained and often they dont know where to start when building (or rebuilding) their warehouse operations. At the same time, the decisions made early on can make or break how your workforce performs and your business grows. Whether you are just starting to build your warehouse strategies, or want to start over, join this webinar and be ready to leave with the top approaches to turn your warehouse into a powerful automation machine for years to come.

Key Takeaways: Identify the essential criteria for warehouse automation. Distinguish ways to prepare, evaluate and implement warehouse automation. Describe future warehouse automation options.

Speakers:

Bill Denbigh, Sr. Dir. Product Marketing, tecsys

Guy Courtin, Head of Global Alliances, 6 River Systems, Inc.

Tom Campbell, Chief Strategy Officer, Capacity, LLC

Moderator:

Bob Bowman, Chief Editor, SupplyChainBrain

Please CLICK HERE to register for the webinar.

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Using Warehouse Automation to Create Happy Employees, Happy Executives and Happy Customers - SupplyChainBrain

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Electric Power Substation Automation System Market Size |Incredible Possibilities and Growth Analysis and Forecast To 2026 |Ingeteam, ABB, Schneider…

Posted: at 2:09 am

Electric Power Substation Automation System Market , the MarketInsightsReports report provides detailed information and an overview of the key drivers required to make an informed business decision. This is the latest report covering the current impact of COVID-19 on the market. The coronavirus (COVID-19) pandemic has affected all aspects of life worldwide. This has brought several changes to the market situation. Early and future assessments of rapidly changing market scenarios and impacts are covered in the report. Our data has been extracted by a team of experts who have curated the report taking into account market-related information. This report provides the latest insights on the drivers, constraints, opportunities and trends in the market. It also describes the growth and trends of various sectors and markets in various regions.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendors/key players in the market. Top Companies in the Global Electric Power Substation Automation System Market: Ingeteam, ABB, Schneider Electric, Siemens, Amperion, General Electric, Alstom, Cisco Systems, Eaton Corporation, Schweitzer Engg Lab and others.

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Global Electric Power Substation Automation System Market Split by Product Type and Applications:

This report segments the global Electric Power Substation Automation System Market on the basis of Types are:

:

Substation automation

Feeder automation

Consumer side automation

On the basis of Application, the Electric Power Substation Automation System Market is segmented into:

:

Industrial

Commercial

Residential

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Regional Analysis for Electric Power Substation Automation System Market:

For comprehensive understanding of market dynamics, the global Electric Power Substation Automation System Market is analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Influence of The Electric Power Substation Automation System Market Report:

-Comprehensive assessment of all opportunities and risk in the Electric Power Substation Automation System Market.

Electric Power Substation Automation System Market recent innovations and major events.

-Detailed study of business strategies for growth of the Electric Power Substation Automation System Market-leading players.

-Conclusive study about the growth plot of Electric Power Substation Automation System Market for forthcoming years.

-In-depth understanding of Electric Power Substation Automation System Market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Electric Power Substation Automation System Market.

What Are the Market Factors That Are Explained in The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Electric Power Substation Automation System Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porters five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyse the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team ([emailprotected]).

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Electric Power Substation Automation System Market Size |Incredible Possibilities and Growth Analysis and Forecast To 2026 |Ingeteam, ABB, Schneider...

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Should Symtek Automation Asia Co., Ltd. (TPE:6438) Be Part Of Your Dividend Portfolio? – Simply Wall St

Posted: at 2:08 am

Could Symtek Automation Asia Co., Ltd. (TPE:6438) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments.

With a 1.7% yield and a seven-year payment history, investors probably think Symtek Automation Asia looks like a reliable dividend stock. While the yield may not look too great, the relatively long payment history is interesting. There are a few simple ways to reduce the risks of buying Symtek Automation Asia for its dividend, and we'll go through these below.

Click the interactive chart for our full dividend analysis

Companies (usually) pay dividends out of their earnings. If a company is paying more than it earns, the dividend might have to be cut. As a result, we should always investigate whether a company can afford its dividend, measured as a percentage of a company's net income after tax. In the last year, Symtek Automation Asia paid out 37% of its profit as dividends. This is a middling range that strikes a nice balance between paying dividends to shareholders, and retaining enough earnings to invest in future growth. One of the risks is that management reinvests the retained capital poorly instead of paying a higher dividend.

Another important check we do is to see if the free cash flow generated is sufficient to pay the dividend. Symtek Automation Asia's cash payout ratio last year was 15%. Cash flows are typically lumpy, but this looks like an appropriately conservative payout. It's positive to see that Symtek Automation Asia's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut.

With a strong net cash balance, Symtek Automation Asia investors may not have much to worry about in the near term from a dividend perspective.

We update our data on Symtek Automation Asia every 24 hours, so you can always get our latest analysis of its financial health, here.

One of the major risks of relying on dividend income, is the potential for a company to struggle financially and cut its dividend. Not only is your income cut, but the value of your investment declines as well - nasty. Looking at the data, we can see that Symtek Automation Asia has been paying a dividend for the past seven years. Although it has been paying a dividend for several years now, the dividend has been cut at least once, and we're cautious about the consistency of its dividend across a full economic cycle. During the past seven-year period, the first annual payment was NT$5.7 in 2014, compared to NT$1.5 last year. The dividend has fallen 74% over that period.

When a company's per-share dividend falls we question if this reflects poorly on either external business conditions, or the company's capital allocation decisions. Either way, we find it hard to get excited about a company with a declining dividend.

Given that dividend payments have been shrinking like a glacier in a warming world, we need to check if there are some bright spots on the horizon. In the last five years, Symtek Automation Asia's earnings per share have shrunk at approximately 7.3% per annum. A modest decline in earnings per share is not great to see, but it doesn't automatically make a dividend unsustainable. Still, we'd vastly prefer to see EPS growth when researching dividend stocks.

We'd also point out that Symtek Automation Asia issued a meaningful number of new shares in the past year. Trying to grow the dividend when issuing new shares reminds us of the ancient Greek tale of Sisyphus - perpetually pushing a boulder uphill. Companies that consistently issue new shares are often suboptimal from a dividend perspective.

Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing. First, we like that the company's dividend payments appear well covered, although the retained capital also needs to be effectively reinvested. Earnings per share have been falling, and the company has cut its dividend at least once in the past. From a dividend perspective, this is a cause for concern. Ultimately, Symtek Automation Asia comes up short on our dividend analysis. It's not that we think it is a bad company - just that there are likely more appealing dividend prospects out there on this analysis.

Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. Just as an example, we've come accross 2 warning signs for Symtek Automation Asia you should be aware of, and 1 of them is potentially serious.

We have also put together a list of global stocks with a market capitalisation above $1bn and yielding more 3%.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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Maximus’ Raj Parameswaran: Robotic Process Automation a Key Tool to Government IT Leaders – ExecutiveBiz

Posted: at 2:08 am

Raj Parameswaran US Federal IT President Maximus

Raj Parameswaran, president of U.S. federal information technology at Maximus, said robotic process automation could help government agencies facilitate the delivery of services to citizens while allowing employees to focus on more complex tasks.

RPA will continue to grow as a valuable tool for government IT leaders because it allows the immediate expansion and scaling of human labor without impacting existing systems, Parameswaran wrote in a guest piece published Friday on GCN.

With RPA, an agency can implement and test on a small scale and then quickly expand to automate additional manual tasks, he added.

Parameswaran said there are factors agencies should consider in advancing RPA implementation, such as ensuring that the RPA technology is easy to use and deploy; addressing security at the architecture level and complying with agency requirements; and understanding the RPA platforms capabilities and how the technology interacts with enterprise systems.

He noted that procurement, finance, human resources and operations are some of the areas with repetitive, manual tasks that could benefit from RPA and as agencies deploy the technology, they can assess and identify other functions that could be automated.

I believe RPA will eventually become a part of the core technology platform stack for business applications that both directly address agency missions and their supporting functions, Parameswaran wrote. RPA will become an embedded component in standard solutions, and well start to see that evolution beginning in earnest as soon as this year.

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Maximus' Raj Parameswaran: Robotic Process Automation a Key Tool to Government IT Leaders - ExecutiveBiz

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Automated Molecular Assay Market Report Analysis With Industry Share Insights Shared in Detailed Report KSU | The Sentinel Newspaper – KSU | The…

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Innovations in molecular diagnostics leading to automation of instruments are resulting in expanded applications of molecular assay beyond just identification purposes. The automated molecular assays having reduced handling errors and enhanced limits of detection and quantitation are leading to the usage of molecular assays in therapeutic monitoring and drug prescription selection with an objective of avoiding toxicity and other side effects. The shift in paradigm of clinical laboratory testing and medicine have led to improved pharmacogenomics and patient stratification. Innovations in the novel detection of pathogens and microRNAs are contributing to the continued expansion of the market by changing the landscape of personalized care. Advancements in automated molecular assays are resulting in the elimination of discriminatory testing necessities for patients.

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Modernized assays with improved efficacy are increasingly adopted all over the world, as these assays offer certain advantages such as data reliability, increased speed, ability of performing multiple assays at a time, which is resulting in reduced cost and high level of precision. Modification in the assays by medical laboratories for identification of rare diseases, innovations in the next generation molecular assays having cutting-edge technologies such as single molecule counting, improved automation in the molecular assays targeting drug efficacy issues such as antibiotic resistance detection, etc., are driving the global automated molecular assay market. However, issues related to the manufacturing stability of assays and detection of degenerated proteins are resulting in reduced clinical utility of automated molecular assay, which in turn are restraining the market.

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The global automated molecular assay market can be segmented in terms of technique, testing type, application, end-user, and region. Based on technique, the market can be segmented into polymerase chain reaction (PCR), Enzyme-Linked Immuno-Sorbent Assay (ELISA), microarrays, lab-on-chip assays, gene expression profiling assays, and other biochemical assays. In terms of testing type, the market can be segmented into blood screening, virus screening, genetic material testing, oncological testing, and STD testing. The virus screening segment can be further sub-segmented into HPV testing, HIV testing, influenza testing, HCV testing, and others. Based on application, the market can be segmented into infection detection, blood donor screening, genomic profiling, molecular biomarker analysis, and others. In terms of end-user, the market can be segmented into hospitals, academic and research institutes, biopharmaceutical companies, and others.

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Based on region, the Automated Molecular Assay market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to dominate the global market during the forecast period due to strong distribution networks of major market players, advances in molecular diagnostics leading to early detection of metabolites, proteins, DNA or RNA, and availability of skilled workforce to handle the instrumentation of automated assay. Asia Pacific is likely to witness an exponential growth during the forecast period, due to improvements in healthcare infrastructure, increasing number of regional manufacturers offering affordable yet technologically advanced products, and rising investments in research and development for innovations in the screening methodologies.

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Development of proper reimbursement policies serve as a major opportunity for the global market. Multiple pathogen detection assays through advancements in the in-vitro detection techniques including genomics and proteomics are a growing trend in the global automated molecular assay market. Innovations in automated molecular assays include the ability to detect new variants of viruses, modifications in the genome of pathogens, and others. New product launches in the global market are primarily focused on detection of novel oncologic biomarkers, so as to allow the early detection of cancer.

Key players operating in the global automated molecular assay market include F. Hoffmann-La Roche Ltd, Luminex Corporation, Molecular Devices, LLC, Becton, Dickinson and Company, Siemens Healthcare GmbH, Tecan Trading AG, Agilent Technologies Inc., Thermo Fisher Scientific Inc., Invivoscribe, and Myriad Genetics, Inc. among others.

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Automated Molecular Assay Market Report Analysis With Industry Share Insights Shared in Detailed Report KSU | The Sentinel Newspaper - KSU | The...

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Global Automated On-Off Valves Market To Witness Huge Gains Over 2021-2026|Emerson, Siemens, ARC, Assured Automation, Applied Control, etc KSU | The…

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Global Automated On-Off Valves Market is growing at a High CAGR during the forecast period 2021-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market and This has brought along several changes in This report also covers the impact ofCOVID-19on the global market.

The latest research report, titled Automated On-Off ValvesMarket Added by Market Info Reports, provides the reader with a comprehensive overview of the Automated On-Off Valves Industry and familiarizes them with the latest market trends, industry information, and market share. The report content includes technology, industry drivers, geographic trends, market statistics, market forecasts, producers, and raw material/equipment suppliers. Global Automated On-Off Valves market size was xx million US$ and it is expected to reach xx million US$ by the end of 2026, with a CAGR of XX between 2021 and 2026.

Automated On-Off Valves Market competition by top manufacturers as follow:Emerson, Siemens, ARC, Assured Automation, Applied Control, Nil-Cor, Watts, GS Hitech, Alfa Laval, DynaQuip Controls, Vinson, Puffer-Sweiven, Automated Valve&Control, Valworx, Braeco, A-T Controls, Metso, Caltrol, Saidi, Controline, SNJ Valve and More

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The global Automated On-Off Valves market has been segmented on the basis of technology, product type, application, distribution channel, end-user, and industry vertical, along with the geography, delivering valuable insights.

Major Type of Automated On-Off Valves Market Covered:Angle ValvesBall ValvesControl ValvesFloat ValvesOther

Market Segment by Applications, can be divided into:AutomotiveOil & GasMiningManufacturing IndustryBuilding AutomationOther Application

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Market segment by Regions/Countries, this report covers:North AmericaEuropeChinaRest of Asia PacificCentral & South AmericaMiddle East & Africa

Years Considered to Estimate the Market Size:History Year: 2015-2019Base Year: 2019Estimated Year: 2021Forecast Year: 2021-2026

Major factors covered in the report:

Detailed TOC of Automated On-Off Valves Market Report 2021-2026:Chapter 1: Automated On-Off Valves Market OverviewChapter 2: Economic Impact on IndustryChapter 3: Market Competition by ManufacturersChapter 4: Production, Revenue (Value) by RegionChapter 5: Supply (Production), Consumption, Export, Import by RegionsChapter 6: Production, Revenue (Value), Price Trend by TypeChapter 7: Market Analysis by ApplicationChapter 8: Manufacturing Cost AnalysisChapter 9: Industrial Chain, Sourcing Strategy and Downstream BuyersChapter 10: Marketing Strategy Analysis, Distributors/TradersChapter 11: Market Effect Factors AnalysisChapter 12: Automated On-Off Valves Market ForecastContinued

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The analysis objectives of the report are:

Does this report provide customization?Customization helps organizations gain insight into specific market segments and areas of interest. Therefore, Market Info Reports provides customized report information according to business needs for strategic calls.

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Why Choose Market Info Reports?:Market Info Reports Research delivers strategic market research reports, industry analysis, statistical surveys and forecast data on products and services, markets and companies. Our clientele ranges mix of global business leaders, government organizations, SMEs, individuals and Start-ups, top management consulting firms, universities, etc. Our library of 600,000 + reports targets high growth emerging markets in the USA, Europe Middle East, Africa, Asia Pacific covering industries like IT, Telecom, Chemical, Semiconductor, Healthcare, Pharmaceutical, Energy and Power, Manufacturing, Automotive and Transportation, Food and Beverages, etc. This large collection of insightful reports assists clients to stay ahead of time and competition. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales and revenue, technology trends, competitive analysis, product portfolio, and application analysis, etc.

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Global Automated On-Off Valves Market To Witness Huge Gains Over 2021-2026|Emerson, Siemens, ARC, Assured Automation, Applied Control, etc KSU | The...

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Industrial Automation Market SWOT Analysis, Growth Factors, Largest Share and Forecast till 2030 | Honeywell Int Inc., Kawasaki Heavy Industries Ltd.,…

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A Basic Introduction to Industrial Automation Market.

insightSLICE-Recently added thelatest research report on theIndustrial Automationwhichcovers forecast and analysis on a worldwide, regional, and country-level. The report provides an exhaustive calculation of the Consulting Services comprising ofindustry chain structure, market drivers, opportunities,technologyadvancements,future roadmap, industry news analysis, industry policy analysis, market player profiles,deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with marketattractiveness per market segment and strategies.

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The research study provides a comprehensive knowledge platform for market participants and investors as well as for veteran companies and manufacturers active in theIndustrial Automation market. The report includes CAGR,market share, revenue, gross margin, value, volume,and other key market figures that give an accurate picture of the growth of the Industrial Automation market. We have also focused on theSWOT analysis, BCG matrix, SCOT analysis, and PESTLE analysissecured to the Industrial Automation market.

Major players covered in this report:ABB, Emerson Electric Co., Honeywell International Inc., Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, OMRON Corporation, Rockwell Automation, Inc., Schneider Electric, Siemens, and Yokogawa Electric Corporation.

Business Opportunities in Following Regions and Countries:

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

Results of the recent scientific undertakings towards the development have been studied. Nevertheless, the factors affecting the leading industry players to adopt synthetic sourcing of the market products have also been studied in this statistical surveying report. As per the report, Industrial Automation market revenue in the year 2020 was USD XX million and is expected to reach USD XX million in the year 2030 at XX% CAGR. It describes current changing market trends to help our clients make astute decisions accordingly. We are also ready to serve with a customized report. According to the need of the clients, this report can be customized and available in a separate report for the specific region.

**NOTE:Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers to post the COVID-19 crisis.**

Report Focus:

TheIndustrial Automation market report offers insight and expert analysis of key market trends and behaviors, along with an overview of market data and major brands.Industrial Automation market reports provide all data easily digestible information to drive future innovation and power your business for every entrepreneur as well as established businesses.

Secondary Data Sources That We Refer To:

Annual reports, investor presentations, SEC filings, and press releases of companies operating in the market.Website, reports, and press releases of end-user facilities.

Secondary Research Is Conducted To Derive The Following Information:

Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companiesNumber of procedures and an average price of proceduresReplacement rate and pricing of capital equipmentMarket dynamics in relation to the market under focus Drivers, restraints, trends, and opportunitiesMarket & technological trends, new product developments, product pipeline

COVID-19 Impact on Global Industrial Automation Market

The market report analyses the impact of Coronavirus (COVID-19) on the industry. Since the COVID-19 virus outbreak in December 2020, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency.

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Industrial Automation Market SWOT Analysis, Growth Factors, Largest Share and Forecast till 2030 | Honeywell Int Inc., Kawasaki Heavy Industries Ltd.,...

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PC-Based Automation Market Size, Segmented by Product Type, Top Manufacturers, By End-User Industry, Geography Trends and Forecast 2027 KSU | The…

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PC-Based Automation Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate PC-Based Automation Market place for the forecast 2021 2027.

The PC-based automation market is expected to see high development in the years to come due to the growing emphasis on regulatory compliances, increasing demand for smart automation solutions, and raising need for efficient monitoring in manufacturing plants.

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PC-based automation is an industrial control system that uses a PC developed as a control platform. Moreover, PC-based automation is a program on a machine used to interact with monitor and material handling tool or specific a complete material handling system. Plants with high needs on processing pace, for instance, quality control and measurement systems, openness of PC-based automation market and advantage from the computing power, as these plants often work incessantly and in a harsh industrial surrounding. The PC based control platform provides a wide series of capability and reliability benefits that comprise more powerful, low cost, simpler control architecture, it defends intellectual property, and better diagnostic.

The PC-based automation market is divided into component, offering, and industry verticals. Based on offering, the PC-based automation market is divided into software, hardware, and services. The service sub-section consists of managed and professional services. Professional services comprise installation & training, software development, consulting services, maintenance & support, design & implementation, and others.

Based on components, the market is sub-segmented into programmable Logic Controller (PLCs), Human-Machine Interface (HMI), industrial PCs, Supervisory Control and Data Acquisition (SCADA), distributed Control System (DCS), and others. Based on industry verticals, the market is sub-divided into discrete industry and process industry. Process industry comprises chemicals, oil & gas, mining & metals, pharmaceuticals, energy & power, food & beverages, and others. Discrete industry comprises machine manufacturing, semiconductor & electronics, automotive, medical devices, aerospace & defense, and others.

Key Players in the PC-Based Automation Market Report:

The major players included in the global pc-based automation market forecast are Honeywell International, General Electric, Emerson Electric, Beckhoff Automation, OMRON Corporation, Mitsubishi Electric, IDEC, Robert Bosch, Siemens, Schneider Electric, ABB, Kontron S&T, Rockwell Automation, Advantech, and Yokogawa Electric.

PC-Based Automation Market Segment By Offering:

PC-Based Automation Market Segment By Component:

PC-Based Automation Market By Sales Channel:

PC-Based Automation Market Segment By Industry:

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The PC-Based Automation Market Is Expected To See High Development In The Years To Come Due To The Development Of IIoT

Market by Regional Analysis

North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa

The PC-based automation market is expected to see high development in the years to come due to the development of IIoT, the growing emphasis on regulatory compliances, increasing demand for smart automation solutions, and raising need for efficient monitoring in manufacturing plants. On the other hand, high spending costs pertaining to the pc-based automation solutions implementation hinders the development of the PC-based automation market. Aerospace & defense and food & beverages sector are predicted to develop at a high speed during the coming period. Networking, installation costs, and connectivity among processing systems and the control room of operator, and security at work are some of the major issues in these sectors. PC-based automation market tech has a major role to overcome these problems. Asia Pacifics PC-based automation market is predicted to cross the development of the PC-based market. China, India, and Japan play a major role in overall development of the PC-based automation market in Asia Pacific.

Asia Pacific Is Predicted To Be The Quickest Developing Area In The Pc-Based Automation Market Over The Coming Period

Regionally, the PC-based automation market is divided into 4 different regions, such as Europe, Asia Pacific, North America, and Rest of the World. Asia Pacific is predicted to be the quickest developing area in the PC-based automation market over the coming period. Japan, India, and China are the top nations in the area, due to quickly developing manufacturing sector.

Table of Content

1.1. Research Process

1.2. Primary Research

1.3. Secondary Research

1.4. Market Size Estimates

1.5. Data Triangulation

1.6. Forecast Model

1.7. USPs of Report

1.8. Report Description

2.1. Market Introduction

2.2. Executive Summary

2.3. Global PC-Based Automation Market Classification

2.4. Market Drivers

2.5. Market Restraints

2.6. Market Opportunity

2.7. PC-Based Automation Market: Trends

2.8. Porters Five Forces Analysis

2.9. Market Attractiveness Analysis

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Lab Automation (TTA and TLA) Market Opportunity, Growth and Industry Outlook 2021 to 2026 | Siemens Healthineers, Roche, BD, IDS Co.,Ltd, Beckman…

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Lab Automation (TTA and TLA) Market

The report presents an in-depth assessment of the Lab Automation (TTA and TLA) including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Lab Automation (TTA and TLA) investments from 2020 till 2026.

Lab Automation (TTA and TLA) Market is growing at a High CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is the major reason for the expansion of this market.

The report displays the market aggressive scene and a relating point by point investigation of the significant merchant/key players in the market. Featured Companiesin the Global Lab Automation (TTA and TLA) Market:Siemens Healthineers, Roche, BD, IDS Co.,Ltd, Beckman Coulter, Autobio, Inpeco, Abbott (GLP Systems) and others.

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Global Lab Automation (TTA and TLA) Market Split by Product Type and Applications:

This report segments the global Lab Automation (TTA and TLA) Market on the basis ofTypesare:

Task Targeted Automation (TTA)

Total Laboratory Automation (TLA)

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Medical and Pharmaceutical Lab

Biology and Chemistry Lab

Other Laboratories

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Detailed overview of Lab Automation (TTA and TLA) Market

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Competitive landscape of Lab Automation (TTA and TLA) Market

Strategies of key players and product offerings

Potential and niche segments/regions exhibiting promising growth.

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-Key Strategic Developments:The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

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Berkshire Grey, a Leader in AI-Enabled Robotics and Automation Solutions, Announces Business Combination with Revolution Acceleration Acquisition Corp…

Posted: at 2:08 am

BEDFORD, Mass. & WASHINGTON--(BUSINESS WIRE)--Berkshire Grey (BG or the Company), a developer of integrated artificial intelligence (AI") and robotic solutions for e-commerce, retail replenishment, and logistics, has entered into a definitive agreement with Revolution Acceleration Acquisition Corp (Nasdaq: RAAC) (RAAC), a special purpose acquisition company, to create a leading publicly listed robotics and automation solutions company with a post-transaction equity value of up to $2.7 billion.

Founded in 2013 by the current Chief Executive Officer, Tom Wagner, Ph.D., the Former Chief Technology Officer at iRobot, BG is a pure-play robotics company offering fully integrated, AI-based software and hardware solutions to automate business operations in warehouses and logistics fulfillment centers. The Companys powerful solutions help retailers and logistics companies meet the exponential growth of e-commerce and ever-increasing consumer demands. BGs management, engineering, and commercial teams each have extensive robotics expertise and deep industry experience.

The Company has achieved strong momentum since emerging from stealth mode in 2018, propelled by the accelerating consumer shift toward e-commerce and the resulting need for retailers to adapt their supply chain and warehouse operations to meet consumer demands for better selection, lower prices, and faster shipping. Roughly 5% of warehouses are automated today, which highlights the substantial market opportunity for BGs solutions.

BGs AI-enabled robotics solutions are scalable, adaptable and reliable - providing businesses with a holistic approach to automation of tasks that speed the flow of goods to consumers. The Companys offerings bring together proprietary AI with differentiated hardware to create robotic picking systems and multiple types of robotic mobility systems, which are combined in an orchestrated fashion to drive operational efficiencies. Differentiated hardware includes full robots, sensing systems, gripping systems and machine vision systems. The intellectual property supporting BGs market-leading solutions is protected by more than 300 patent filings. Operational efficiencies achieved by BG customers typically result in a return on their investment in as little as two to three years.

Order backlog and ongoing negotiations with the Companys current customers, which include multi-national retail, e-commerce and package logistics companies, provide meaningful visibility into projected revenues for 2021 and 2022. Additionally, BG intends to grow its commercial organization to meet increasing demand for its services, deepen its relationships in key industry sectors, and build out new, value-added services.

John Delaney, the Chief Executive Officer of RAAC, will remain on the Board of Directors of the combined company upon completion of the transaction.

Berkshire Grey was founded to help our customers compete even more favorably in the rapidly evolving worlds of retail and logistics, said Tom Wagner, Founder and Chief Executive Officer of BG. Consumer expectations have changed, putting more pressure on supply chain operations to get the right goods to the right places at the right times, as efficiently as possible. Over the last 12 months the pandemic amplified the already high pressure to transform, so today it is no longer a question of if companies might transform but how quickly. We are incredibly excited about this transaction, which will enable Berkshire Grey to accelerate growth and provide new and existing customers with our leading robotics solutions, Wagner concluded.

Todays consumers expect a better selection of goods, at lower prices, with shipping that is immediate, said John Delaney, the Chief Executive Officer of RAAC. In our judgment, Berkshire Greys best-in-class technology and uniquely integrated solutions provide a critical pathway for companies to adapt to these changing needs. The Companys strong relationships with an installed base of blue-chip clients is a testament to its ability to deliver tangible and measurable results that empower companies to compete even more effectively. Steve Case and I are honored to partner with Tom and the rest of Berkshire Greys talented team and investors to realize this singular opportunity to revolutionize how businesses operate. I look forward to joining their Board of Directors, added Delaney.

Transaction Overview

The transaction is expected to provide up to $413 million in cash proceeds, including a fully committed PIPE of $165 million, with current BG shareholders Khosla Ventures, New Enterprise Associates, Canaan Partners and SoftBank Group Corp. rolling 100% of their equity into the combined company. The PIPE is anchored by Chamath Palihapitiya, Founder and CEO of Social Capital, Hedosophia and funds and accounts managed by BlackRock.

At closing, BG expects to have approximately $507 million cash, which will be used to fund operations and support new and existing growth initiatives, and no debt on its balance sheet. All references to available cash from the trust account and retained transaction proceeds are subject to any redemptions by the public shareholders of RAAC and payment of transaction expenses.

The transaction, which has been unanimously approved by RAACs Board of Directors and BGs Board of Directors, is expected to close during the second quarter of 2021 and is subject to approval by RAACs stockholders and other customary closing conditions.

Advisors

Credit Suisse Securities (USA) LLC is serving as exclusive financial advisor and capital markets advisor to BG and acted as sole placement agent on the PIPE. J.P. Morgan Securities LLC is serving as exclusive financial advisor to RAAC. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to RAAC. Goodwin Procter LLP acted as legal advisor to BG. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal advisor to Credit Suisse Securities (USA) LLC.

Additional information about the proposed transaction, including a copy of the merger agreement and investor presentation, will be provided in a Current Report on Form 8-K that will contain an investor presentation to be filed by RAAC with the Securities and Exchange Commission and available at http://www.sec.gov. This press release and the investor presentation are also available on the RAAC website at https://revolutionaac.com/.

Investor Webcast

The investor webcast will be archived and available for replay at https://revolutionaac.com/ beginning today at 8:00 AM ET.

Cautionary Statement Regarding Forward-Looking Statements

This communication contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed transactions between BG and RAAC. Forward-looking statements may be identified by the use of the words such as estimate, plan, project, forecast, intend, expect, anticipate, believe, seek, strategy, future, opportunity, may, target, should, will, would, will be, will continue, will likely result, or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the proposed transaction between BG and RAAC, including statements as to the expected timing, completion and effects of the proposed transaction. These statements are based on various assumptions, whether or not identified in this document, and on the current expectations of RAACs and BGs management and are not predictions of actual performance, and, as a result, are subject to risks and uncertainties. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of RAAC and BG. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, (i) the risk that the proposed transaction may not be completed in a timely manner or at all, which may adversely affect the price of RAACs securities, (ii) the risk that the proposed transaction may not be completed by RAACs business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by RAAC, (iii) the failure to satisfy the conditions to the consummation of the proposed transaction, including the adoption of the merger agreement by the stockholders of RAAC, the satisfaction of the minimum trust account amount following redemptions by RAACs public stockholders and the receipt of certain governmental and regulatory approvals, (iv) the inability to complete the PIPE investment in connection with the proposed transaction, (v) the lack of a third party valuation in determining whether or not to pursue the proposed transactions, (vi) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, (vii) the amount of redemption requests made by RAACs public stockholders, (viii) the effect of the announcement or pendency of the proposed transaction on BGs business relationships, operating results and business generally, (ix) risks that the proposed transaction disrupts current plans and operations of BG and potential difficulties in BG customer and employee retention as a result of the proposed transaction, (x) risks relating to the uncertainty of the projected financial information with respect to BG, (xi) risks relating to increasing expenses of BG in the future and BGs ability to generate revenues from a limited number of customers, (xii) risks related to BG generating the majority of its revenues from a limited number of products and customers, (xiii) the passing of new laws and regulations governing the robotics and artificial intelligence industries that potentially restrict BGs business or increase its costs, (xiv) potential litigation relating to the proposed transaction that could be instituted against BG, RAAC or their respective directors and officers, including the effects of any outcomes related thereto, (xv) the ability to maintain the listing of RAACs securities on The Nasdaq Stock Market LLC, either before or after the consummation of the business combination, (xvi) the price of RAACs securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which RAAC plans to operate, variations in operating performance across competitors, changes in laws and regulations affecting RAACs business and changes in the combined capital structure, (xvii) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities, (xviii) unexpected costs, charges or expenses resulting from the proposed transaction, (xix) risks of downturns and a changing regulatory landscape and (xx) the effects of natural disasters, terrorist attacks and the spread and/or abatement of infectious diseases, such as COVID-19, on the proposed transactions or on the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transactions. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Risk Factors section of RAACs registration statement on Form S-1 (File No. 333-250850) (the Form S-1), the registration statement on Form S-4 discussed below (when it becomes available) and other documents filed by RAAC from time to time with the U.S. Securities and Exchange Commission (the SEC). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. If any of these risks materialize or our assumptions prove incorrect, actual events and results could differ materially from those contained in the forward-looking statements. There may be additional risks that neither RAAC nor BG presently know or that RAAC and BG currently believe are immaterial that could also cause actual events and results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect RAACs and BGs expectations, plans or forecasts of future events and views as of the date of this document. RAAC and BG anticipate that subsequent events and developments will cause RAACs and BGs assessments to change. While RAAC and BG may elect to update these forward-looking statements at some point in the future, RAAC and BG specifically disclaim any obligation to do so, unless required by applicable law. These forward-looking statements should not be relied upon as representing RAACs and BGs assessments as of any date subsequent to the date of this document. Accordingly, undue reliance should not be placed upon the forward-looking statements. Neither RAAC nor BG gives any assurance that either RAAC or BG, or the combined company, will achieve the results or other matters set forth in the forward-looking statements.

Additional Information and Where to Find It

This communication relates to the proposed business combination between RAAC and BG (the Business Combination). RAAC intends to file a registration statement on Form S-4 with the SEC, which will include a preliminary proxy statement to be distributed to holders of RAACs common stock in connection with RAACs solicitation of proxies for the vote by RAACs stockholders with respect to the Business Combination. After the registration statement has been filed and declared effective, RAAC will mail a definitive proxy statement / prospectus to its stockholders as of the record date established for voting on the Business Combination and the other proposals regarding the Business Combination set forth in the registration statement. RAAC may also file other documents with the SEC regarding the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO CAREFULLY READ THE ENTIRE REGISTRATION STATEMENT AND PROXY STATEMENT / PROSPECTUS, WHEN THEY BECOME AVAILABLE, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AND THE DEFINITIVE VERSIONS THEREOF (WHEN THEY BECOME AVAILABLE), AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. The documents filed by RAAC with the SEC, including the preliminary proxy statement / prospectus, when available, may be obtained free of charge at the SECs website at http://www.sec.gov. In addition, the documents filed by RAAC may be obtained free of charge upon written request to RAAC at 1717 Rhode Island Ave NW, Suite 1000, Washington, DC 20036, Attn: Investor Relations.

Participants in the Solicitation

RAAC and BG and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from stockholders of RAAC in connection with the proposed transaction under the rules of the SEC. RAACs stockholders and other interested persons may obtain, without charge, more detailed information regarding the names, affiliations and interests of directors and executive officers of RAAC in RAACs Form S-1 as well as its other filings with the SEC. Other information regarding persons who may, under the rules of the SEC, be deemed the participants in the proxy solicitation of RAACs stockholders in connection with the proposed Business Combination and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the preliminary proxy statement / prospectus and will be contained in other relevant materials to be filed with the SEC regarding the proposed Business Combination (if and when they become available) . You may obtain free copies of these documents at the SECs website at http://www.sec.gov. Copies of documents filed with the SEC by RAAC will also be available free of charge from RAAC using the contact information above.

No Offer or Solicitation

This communication is not a proxy statement or solicitation or a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of RAAC, BG or the combined company, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, and otherwise in accordance with applicable law.

About Berkshire Grey

Berkshire Grey helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organize and sort operations to deliver competitive advantage for enterprises serving todays connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers. More information is available at http://www.berkshiregrey.com.

Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey. Other trademarks referenced are the property of their respective owners.

About Revolution Acceleration Acquisition Corp

Revolution Acceleration Acquisition Corp focuses on value creation opportunities at the forefront of rapid technological innovation and economic growth. We believe that alternatives to the traditional IPO process create a key avenue for transformative, category-defining companies to quickly and efficiently access public markets, enabling them to scale their business and create value for a broad and diverse group of investors. For more information about Revolution Acceleration Acquisition Corp, please visit: http://www.revolutionaac.com.

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Berkshire Grey, a Leader in AI-Enabled Robotics and Automation Solutions, Announces Business Combination with Revolution Acceleration Acquisition Corp...

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