Monthly Archives: April 2021

This latest Automation as a Service report published by Global Market Monitor covers the current market dynamics, and provides effective competition strategies and market guidelines for the majority of practitioners.

Get the complete sample, please click:https://www.globalmarketmonitor.com/request.php?type=1&rid=650602

Competition AnalysisMajor competitors of the global Automation as a Service market include:Automation Anywhere, Inc. IBM Corporation Uipath Inc. Blue Prism Group PLC Microsoft Corporation

Browse More In-Depth Industry Insights at:https://www.globalmarketmonitor.com/reports/650602-automation-as-a-service-market-report.html

Application SegmentationBanking, Financial Services, and Insurance (BFSI) Telecom and IT Retail and Consumer goods Healthcare and Life Sciences Manufacturing Government and Defense Others

By Type:Rule-based Automation Knowledge-based Automation

Table of Content1 Report Overview1.1 Product Definition and Scope1.2 PEST (Political, Economic, Social and Technological) Analysis of Automation as a Service Market2 Market Trends and Competitive Landscape3 Segmentation of Automation as a Service Market by Types4 Segmentation of Automation as a Service Market by End-Users5 Market Analysis by Major Regions6 Product Commodity of Automation as a Service Market in Major Countries7 North America Automation as a Service Landscape Analysis8 Europe Automation as a Service Landscape Analysis9 Asia Pacific Automation as a Service Landscape Analysis10 Latin America, Middle East & Africa Automation as a Service Landscape Analysis 11 Major Players Profile

Ask for a Report Sample at:https://www.globalmarketmonitor.com/request.php?type=3&rid=650602

By region North America, Asia-Pacific, Europe, Latin America, Middle East, Africa, and Others

Audience:-Automation as a Service manufacturers-Automation as a Service traders, distributors, and suppliers-Automation as a Service industry associations-Product managers, Automation as a Service industry administrator, C-level executives of the industries-Market Research and consulting firms

Key Questions Answered by This Report:What is the size and CAGR of the Automation as a Service Market?What are the key driving factors of the most profitable regional market?Which are the leading companies in the global market?How will the Automation as a Service Market advance in the coming years?What are the main strategies adopted in the global market?Which region may hit the highest market share in the coming era?What trends, challenges, and barriers will impact the development and sizing of the Automation as a Service Market?

About Global Market MonitorGlobal Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.ContactGlobal Market MonitorOne Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,NY 11201, USAName: Rebecca HallPhone: + 1 (347) 467 7721Email: info@globalmarketmonitor.comWeb Site: https://www.globalmarketmonitor.com

Get More Industry Information on Global Market Monitor:Industrial Bulk Packaging Market Reporthttps://www.globalmarketmonitor.com/reports/535178-industrial-bulk-packaging-market-report.html

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Air Duct Heaters Market Reporthttps://www.globalmarketmonitor.com/reports/605062-air-duct-heaters-market-report.html

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Automation as a Service Market Share, Trends, Growth, Sales, Demand, Revenue, Size, Forecast and COVID-19 Impacts to 2014-2027 KSU | The Sentinel...

A company youve probably never heard of made IPO history this week.

UiPath, an automation company, made its market debut and notched the 3rd largest US software IPO in history, behind only Snowflake (No. 1) and Qualtrics (No. 2).

By markets close on Wednesday, the companys market cap had settled at a hefty $35.8B which leaves only one question

The company was founded in 2005 by Romanian entrepreneurs Daniel Dines and Marius Trc.

Originally called DeskOver, UiPath was based in Romania but later rebranded and moved its HQ to the US in 2017. Today, about of its ~3k employees are still based in Romania.

UiPath helps enterprises automate tedious manual tasks done on computers, something they refer to as RPA or

They call their automations software robots that do robot-like work for humans tasks like filling forms, moving files, inputting data, and scraping documents.

The real gem is that creating these software robots requires no coding, and they can interface with existing software using AI-fueled computer vision think robots actually seeing what they click.

This all rolls up into a serious business:

And according to UiPath, the market for robot automation is expected to reach $30B by 2024, up from $17B in 2020.

thanks to UiPaths 145% dollar retention, meaning its customers are staying and increasing budgets by 45% into the next year a strategy insiders call land and expand.

But its not all robots and sunshine.

UiPath will have to weather a public market thats souring for high-flying tech companies. In 2021, a cloud index of 58 cloud companies has dropped 7%; meanwhile, the Dow is up 10%.

Hot Dow Summer, anyone?

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Meet the $40B+ software robot maker poised to automate pencil pushing - The Hustle

Industrial automation and robotic systems have now advanced to a stage whereby theyre more capable, cheaper than they once were and easier to integrate and install within software technology. Although large companies such as Amazon, DHL, LEGO, and Tesla have embraced automation within the warehouse, key barriers to implementing this technology remain, particularly for the SME market.

1) Fear of change

Organisations have spent years refining their manufacturing processes, picking lines and production processes to be as efficient as possible. These operationsare essential to a businesss success and its ability to fulfil its customers expectations. The ultimate aim of a business is to ensure a good customer experience, i.e. a good customer experience results in more customers and returning customers, leadingto more revenue and profits for organisations. As a result, the old adage of if its not broken, dont fix it is at play here. Despite the obvious benefits of automation and robotics, businesses are reluctant to change their processes in case this negatively impacts the productivity of the manufacturing facility. However, just because youre looking at implementing automation and robotic technology doesnt mean you have completely overhaul your current warehouse. A good place to start is typically with something simple. Think of whats the easiest thing to automate, such as moving a box from a to b, something you perhaps do every day. Once youre comfortable with that, you can begin to scale up and explore more complex forms of automation. Automation and robotic technology is not a race to see who can transform their whole warehouse the quickest. Start with what you can manage, and then you can look to improve and build on this.

2) High upfront costs

There is a preconceived notion that complex, sophisticated technology has to come with high initial capital costs in terms of the technology itself and the costs involved with training employees to use the equipment. This tends to make smaller firms and SMEs hesitant to take advantage of the available technology. Although there is an element of truth to this theory, there are also factors that help mitigate and offset the upfront high cash outlay.

Investing in automating manufacturing processes can actually be more cost-effective in the long run as opposed to sticking with traditional, manual methods. For example, you can lower your operating costs and increase your productivity as machines dont get tired. They dont need a break, and when the warehouse needs to be closed due to holidays or maintenance, automation technology and robotic systems can keep things ticking over. Furthermore, automated systems help future proof your business. This technology will only grow and get more prominent in the next 10/15 years. This type of technology needs to be viewed through a long-term lens regarding the return on investment that can be achieved. However, as robotics become more common, the costs will reduce, so expect this gap to decrease in the future.

Secondly, as we mentioned earlier, systems dont have to be fully automated in one big bang. Processes and technology can be introduced incrementally to help reduce the costs in the long run. However, in addition to this, there are multiple financial solutions on the market that can assist. For example, leasing is one popular route to procuring the latest technology. One of the most popular leasing solutions is an operating lease (or residual-value lease). This type of lease agreement involves the supplier taking an investment risk on the equipment, which they hope to accrue at the end of the contract when the equipment is returned to them. Essentially this solution results in the sum of the rentals being typically less than the original capital cost.

Example Operating Lease

New equipment cost: 100,000

Term: 5 years

Rental profile: Quarterly

Rental: 4,250

Total payable: 85,000

3) Lack of flexibility within the solution

Somewhat related to the initial high capital costs fear is the fear that once youve committed to a solution, there is little scope to deviate from what was decided at the start. This makes total sense. If youre procuring high-end technology, you want to ensure you have options if things need tweaking or are not working as previously planned.

Once automation systems have been installed, there is a belief that it has to stay until the time comes to replace it. This is not the case anymore. Nowadays, there is a wide range of general robotic systems on the market that are highly adaptable and can be easily changed and re-tasked without huge cost or intervention from engineers (and no, they dont have to come with an expensive upfront price tag either). These robotic arms can be adapted to suit different payloads and reach and are designed to work in virtually every market segment from automotive to medical. Lastly, flexible finance concepts such as pay-per-use models can help alleviate any potential concerns. These models can be matched to seasonal demand, usage patterns or just general production output. A pay-per-use solution can help to simplify cost control and reduces your investment risk.

4) Machines replacing staff

Lastly, organisations tend to be fearful that automation systems and robotics are there to take over peoples jobs and lay off staff. This isnt the case, and actually, technology can supplement the role humans play in the production line and help them become more productive. In recent years, AI systems and automation technology have become very sophisticated at reading contracts or data entry. Its actually in these, what you would call, white-collar jobs where automation has the potential to replace human roles. In 2017, when Tesla announced plans to ramp up the production of their Model 3 car, a robotic assembly line was at the centre of the companys plan to achieve this. However, automated systems are currently only programmed to deal with the expected situation. When faced with unexpected situations such as a nut or bolt being an inch out of position or a car door that is 10 degrees out of line, they cannot react and require human intervention.

We can also look at the Amazon example. Although they have around 45,000 robots in their warehouse, the company still has 200,000 employees within the warehouse. Amazon has used the robots to remove the need for walking and searching for items within the warehouse. Amazon has one of the most (if not the most) efficient supply chains globally and is a perfect case study for how human and robotic interaction can help achieve better productivity.

The fact is, robots are great at repetitive jobs such as dispensing paint, spray or glue to a surface, or welding for example. Currently however, robots and automation systems lack the same level of dexterity as their human counterparts. When it comes to delicate tasks or tasks that require a high level of precision, robots simply arent currently adept at dealing with them. Thanks to advances in safety systems, robots can work alongside their human colleagues, and organisations can decide which tasks can be automated and which ones need to remain manual. By using a combination of automation and manual intervention, companies can rebalance production lines and further boost their productivity levels.

As with any emerging technology, there is always hesitancy where there is perceived risk. Automation systems will undoubtedly become cheaper, more intelligent, and easier to implement in the future. However, the decision of whether or not to procure these technology types will remain difficult. At CHG-MERIDIAN, we work with both international and national customers to help them take that first step into automation and robotic technology. We offer our customers independent advice and work closely with both end-users and manufacturers/systems integrators to provide the correct solution. Because we are independent from suppliers and banks, we can offer flexible, bespoke leasing solutions that will reduce your costs and risk. Once youve taken that first step, we will work with you to see where lessons can be learned and processes refined. The sooner you take that first step, the better prepared and future-proofed your business will be.

If youre looking for support with implementing industrial automation and robotics or are interested in finding out more about our industrial solutions, please click here: https://www.chg-meridian.co.uk/solutions-services-sectors/industrial.html.

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The four barriers to automation and robotics - SHD Logistics

WebEngage, a full-stack Marketing Automation company, has been recognized by Financial Times as one of Asia-Pacifics top 500 high-growth companies, debuting in the list at rank 206 to emerge as a rapidly-growing company.

The report compiled in partnership withNikkei Asiaand research providerStatista ranks Asia-Pacific companies by their compound annual growth rate (CAGR) in revenue between 2016 and 2019.

The recognition cements the Mumbai-headquartered companys reputation as a leading global martech platform for digital consumer businesses. WebEngages inclusion as a high-growth company comes from its Absolute Growth Rate of 233.7% and a CAGR of 49.4% between 2016-19.

Recently, WebEngage registered another notable mention as one of Indias fastest-growing companiesin the year 2021by TheEconomic TimesandStatista.

Talking about the recognition,Avlesh Singh, Chief Executive Officer, said, It is an exhilarating moment for us to be recognized as one of the high-growth companies in the APAC region by FT. We are in the 10th year of our operations, and its been a great ride building a much-loved brand. Over the years, we have successfully enabled consumer brands to create immersive digital experiences and drive tangible business results. We have grown steadily despite the impact of COVID in 2020. We are on track to deliver 100% growth in 2021, thanks to the love shown to us by our amazing customers who are striving to deliver delightful experiences powered by intelligent engagement.

WebEngage started as a web-based tool and later pivoted to a full-stack marketing automation platform over the years. The brand is a leader in the Software-as-a-Service (SaaS) space and drives growth via intelligent engagement and retention for some of the worlds leading brands in 35 countries. WebEngage serves thousands of mid-market and enterprise customers in 35 countries across verticals like E-Commerce, Fintech, Online Retail, Edtech, Foodtech, Travel and OTA, Gaming, etc. WebEngage counts Blume Ventures, Indian Angel Network Fund, Capital Group, Social Capital, and India Quotient as marquee investors.

Marketing Technology News:Placer.ai Launches Marketplace to Bring Leading Data Tools Together

Continued here:

Marketing Automation Platform WebEngage Featured In The Financial - MarTech Series

Theres an old proverb that says, The cobblers kids go barefoot. Many CPA firms offer great financial management advice to clients, but are slow to act on process changes that can improve the firms bottom line. Manual billing and AR processes are recognized pain points for small and medium-size businesses, and accounting firms are no exception.

B2B financial transactions, including for professional services firms, are increasingly digital.

Before the pandemic, firms were already dealing with slow check payment processes and their inherent fraud risk. A year later, with remote work operations now the norm, newly cloud-based firms are rapidly adopting automated solutions for client payment processing.

A recent study, B2B Payments Innovation Readiness conducted by Pymnts.com found that organizations that adopt automation in payments and AR management quickly realize business benefits, with 87% of automated organizations reporting improvements in process speed. Automating payments processing shortens the collection cycle and improves cash flow.

Clients have moved to the cloud. They want to pay in the cloud.

Businesses increasingly prefer digital payment methods and will deal with the easy-to-pay invoices before they get to a paper invoice.

In the Pymnts.com study, a full 75% of organizations reported that automated functions help them provide superior customer experiences and increase client satisfaction with a simple payment process. Its far easier for your client to make an online payment than to pay the old-fashioned way. When its simple, they are quicker to act, and your firm is seen as smart people who are easy to do business with. The convenience of paying by credit card offers your clients the payment option they prefer.

Another fintech study by Pymnts.com, The B2B Tipping Point, reports that companies largest concerns when sending and receiving B2B payments were convenience and ease of use. Their first choice is usually ACH, followed by electronic transfers and credit cards. If a supplier or vendor does not accept those payment methods, these businesses tend to fall back on paper checks.

Many clients want the ability to pay by credit card. ASmall Business Credit CardStudy by Visa/A.T. Kearney indicates that almost 70% of small businesses use credit cardsin a typical month. They are purchasing routine supplies, services and subscriptions on a credit card why not accounting services? Using an automated payment program, you can offer payment via MasterCard, Visa, ACH, American Express and Discover.

Automated payments fit with accounting firm strategy.

Firms are challenged to evolve during these changing times. One thing is clear: Cloud-based technology is essential, and the age of automation is here. By embracing technology and automation to support innovative client support and advisory services or CAS, firms can reduce the time required to manage traditionally manual processes.

If your firm adopts a new practice management system today, its highly likely that it will be a cloud-based platform. The corresponding accounting, tax and auditing programs used by firms are increasingly in the cloud, and every tax accountant knows that the IRS has offered e-filing for 30 years. Similarly, automated, cloud-based payments processing is the best fit for firms that have embraced a cloud strategy.

What to look for in an automated payments system:

An online payment solution allows your clients to securely pay invoices quickly and easily, instead of requiring them to process and mail a paper check. More importantly, online payment technology enables you to offer automatic recurring payments to support new retainer-based and project-based business models. This relatively simple change is worth considering, as an important way to set your firm apart.

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Nicole Fluty is product manager for OfficeTools at AbacusNext, with over a decade of experience with OfficeTools. She directs and manages rollouts for new features and quarterly public updates delivered to thousands of users. Fluty travels the country, meeting with accounting professionals to better understand their challenges and design practical solutions.

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3 Reasons to Move Forward with Automated Payments Technology - CPAPracticeAdvisor.com

New report published on Cloud Automation Market offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porters Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain a competitive advantage.

This report includes an in-depth analysis of the global Cloud Automation market for the present as well as forecast period. The report encompasses the competition landscape entailing share analysis of the key players in the Cloud Automation market based on their revenues and other significant factors. Further, it covers the several developments made by the prominent players of the Cloud Automation market.

Get a Sample Copy of Cloud Automation Market Report @ https://www.inforgrowth.com/sample-request/6654252/Cloud Automation-market

Top Players in Cloud Automation Market are

The report makes use of the market data sourced from the year 2015 to 2020 while the market analysis aims to forecast the market up to the year 2026. The various strategic developments have been studied to present the current market scenario.

Cloud Automation Market Segmentation

The segment outlook section of the report is a highly decisive information hub to unravel segment potential in directing impressive growth and steady CAGR valuation. Additional details on SWOT analysis of each of the mentioned market participant is poised to accelerate growth tendencies besides reviewing the growth scope through 2020-2026.

Cloud Automation Market by Type

Cloud Automation Market, By Application

Speak to Our Expert @ https://www.inforgrowth.com/enquiry/6654252/Cloud Automation-market

By Regions:The report offers an accurate representation of the geographical scope of the Global Cloud Automation Market, inclusive of graphical details of popular growth hotspots and performance of the various products and services aligning with end-user preferences and priorities.

Impact of COVID-19 on Cloud Automation Market:

Cloud Automation Market report analyses the impact of Coronavirus (COVID-19) on the Cloud Automation industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Cloud Automation market in 2021

Key Parameters of Cloud Automation Market:

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Contact Name:Rohan

Email:[emailprotected]

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Research Report on Cloud Automation Market Size 2021-2026 Industry Share and Demand Analysis of Key Players NeighborWebSJ - NeighborWebSJ

Date:Tuesday, May 18, 2021Time:12:00 PM Eastern Daylight TimeDuration:1 hour

Businesses constantly seek to improve IT agility and responsiveness to enable rapid innovation. However, in a hybrid cloud environment, growing complexity of infrastructure and application delivery are challenging IT teams to keep up with increasing expectations. Even managing resources across development teams and projects can be difficult.

With Intelligent Ops automation and IT as a Service, you can delight your developers and business stakeholders. Join this demo-driven webinar to see how to address increasing demands, reduce resource waste, improve application availability and delivery services fasterall with higher quality across private and public clouds.

In this webinar, we'll show how Nutanix can help:

Register Now!If you have already registered,click here to access

Sponsored by:

Speaker:

Mayank Gupta, Director, Product Marketing, Nutanix

Mayank is Director ofProduct Marketing for AIOps and DevOps at Nutanix. He's given numerous talks and spoken at industry events on hyperconverged infrastructure, automation and hybrid cloud management. Before joining Nutanix, Gupta worked for the Datacenter group at Intel. He has over 18 years of experience in the Compute and Storage space. He holds an MBA from Berkeley-Haas and B.Tech from IIT Bombay.

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AIOps and Automation Best Practices for Hybrid Cloud Management at Scale - ITPro Today

NEW YORK, April 21, 2021 /PRNewswire/ -- Research Dive has published a report titled "Building Automation System Market by Component, Application, Offerings, and Regional Analysis: Global Opportunity Analysis and Industry Forecast, 20202027".

The Global Building Automation System Marketis anticipated to garner a revenue of $142,257.3 million by 2027 at a CAGR of 9.9% during the forecast period.

Regional Outlook

North America regional market of building automation system accounted $24,009.1 million in 2019 and is further projected to grow at a CAGR of 9.1%. The main attributor behind this growth is the presence of the major industry players in various countries across the region.

Download FREE Sample Report at https://www.researchdive.com/download-sample/8372

Highlights of the Report

The report has divided the market into different segments based on component, application, offerings, and regional outlook.

Dynamics of the Market

One of the major driving factors of the market include the increasing demand for energy-efficient and eco-friendly buildings among the urban population. Moreover, in a dynamic approach, the system helps the user to display accurate details of energy used with precision and the time consumed to perform the task. These are the main attributors behind the growth of the market.

The BAS technology is complex to operate which is predicted to hinder the market growth in the forecast period.

Implementation of the AI for complete automation during the construction of buildings is predicted to create many opportunities for the global building automation system market during the projected timeframe.

Top 10 Key players of the Building Automation System Market

The report includes the most significant players of the market which are

The report also reviews many other important aspects including financial performance of the key players, SWOT analysis, product portfolio, and latest strategic developments. - Inquire and Get Quick Access to Top Companies Development Strategies Summary Report [80 pages]

Impact of COVID-19 on the Building Automation Systems Market

The COVID-19 pandemic has impacted the market in a negative way as the nationwide lockdowns led to temporary stoppage of the construction activities. However, as the unlock procedures have started the construction activities have taken momentum and the demand for the building automation system have increased which predicts of a better market growth in upcoming years.

Get Access to COVID-19 Impact Analysis on Building Automation Systems Market.

More about Building Automation System

Current State of the Global Building Automation System Market: An Insight

Benefits of Building Automation Systems in Today's World

How is Mineral Wool Gaining Popularity in the Building and Construction Industry?

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About Research Dive

Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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Global Building Automation System Market Anticipated to Grow at a CAGR of 9.9% during the Forecast Period, 2020-2027 - Exclusive Report [218 pages] by...

IT leaders say the challenges of the job keep growing. Theyre faced with more demands to provide service anywhere and on any device. Plus, everyone wants it delivered faster.

Its not easy to deal with all of the competing interests, said a CIO from the finance sector at a CanadianCIO virtual roundtable.

One way to help manage the situation is to introduce automation to replace mundane tasks and to set policy parameters within systems, said Kurt Roemer, Chief Security Strategist at Citrix Systems.

Organizations must determine their priorities, Roemer said. IT has to look at how the organization can be more agile, while being secure. Ultimately, its about supporting digital transformation for business.

If it isnt cloud, its security

Cloud migration and security enhancements go hand-in-hand on digital transformation projects. Many organizations start with elements of Zero Trust such as micro-segmentation to cut down on lateral movement, said Roemer.

Zero Trust is easy to read about, but implementing it is not so obvious, said one IT leader. However, his organization is making best efforts to apply Zero Trust as it moves workloads to the cloud.

Dealing with legacy systems is also an ongoing issue. Several of the CIOs noted that moving legacy systems to the cloud is not a lift and shift. You dont want to replicate customized processes in the cloud, said one IT leader. In most cases, these systems have to be redesigned and business processes have to change. That can present another challenge for the IT team because, as the IT leaders put it, convincing some business departments to change can be a long process.

Cost approvals and cost controls for the cloud transition can be another obstacle. The move from capital to operating expenses can be difficult because capital expenses are more clearly defined. Some IT leaders also expressed concern about cloud costs getting out of control. If you open up cloud resources to everybody for unleashed consumption, that could be a problem, said one IT leader.

Another concern was that its simply not possible to move everything to the cloud because some data is too sensitive. As a result, IT must find ways to better coordinate on-premises and cloud infrastructure.

Ideas for automation

Theres a lot of technology to make managing hybrid clouds easier, said Roemer. This can help avoid duplication of data so that people can use it in different places. With automation of tasks and orchestration of workflows, organizations can build defined policy parameters into the system, he said. For example, it can be set to automatically stop a user that tries to put sensitive information on Dropbox.

Similarly, cloud costs can be controlled by automating the spinning down of cloud infrastructure when it isnt needed, said Roemer. You can also build in boundary conditions for the consumption of cloud resources.

The key to Zero Trust is to set access rules that are aware of the appropriate business context. As an example, different controls can be applied to only those who deal with highly sensitive data. This is one of the biggest opportunities to balance productivity and cost, said Roemer. If you do that, you can make things, not just incrementally, but wildly better.

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Got digital transformation headaches? Automation may be the answer - IT World Canada

DUBLIN, April 21, 2021 /PRNewswire/ -- The "Autonomous Ships Market by Level of Autonomy, Ship Type, Component and Fuel Type: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

Autonomous ships are the self-driving vessels that operate on the surface of water without any crew present on the ship. They are piloted by means of artificial intelligence and can be unmanned vessels functioning as a type of seafaring drone. They are combined with advanced sensors which give a precise image of the surrounding to the artificial intelligence system of the ship making it to operate accordingly.

The component used in autonomous ships are supported by the services such as IoT, Artificial intelligence (AI) and others, which help to follow mission plans, adjust mission execution, and sense the environment with the necessary decision logic. Presently, there is a demand for smart and autonomous ships which can reduce the human involvement in the operation. One of the major factors that drive the autonomous ships market share is increase in seaborne trades across the globe.

The autonomous ships market is segmented based on the level of autonomy, component, ship type, fuel type, channel type, and region. On the basis of level of autonomy, the market is divided into semi-autonomous and fully autonomous ships. Depending on the ship type, the market is categorized into commercial ships, defense ships, and passenger ships. By fuel type, the market is classified into carbon neutral fuels, liquefied natural gas, electric batteries, and heavy fuel oils. And based on component, the market is divided into hardware and software. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players analyzed in the Autonomous Ships Market include ABB, ASV Global, Honeywell International, Kongsberg Gruppen, Marine Technologies LLC, Mitsui O.S.K. Lines, Northrop Grumman, Rolls-Royce, Ulstein Group ASA, and Wartsila.

Key Benefits for Stakeholders

Key Topics Covered:

CHAPTER 1: INTRODUCTION1.1. Report description1.2. Key benefits for Stakeholders1.3. Key Market Segments1.4. Research methodology1.4.1. Primary research1.4.2. Secondary research1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW3.1. Market definition and scope3.2. Key findings3.2.1. Top impacting factors3.2.2. Top investment pockets3.2.3. Top winning strategies3.3. Porter's five forces analysis3.4. Key player positioning, 20203.5. Market dynamics3.5.1. Drivers3.5.1.1. Increase in demand for cargo transportation through marines3.5.1.2. Increase in operational safety of ships3.5.2. Restraints3.5.2.1. Risk of exploitation by hacking3.5.2.2. Complexity of the network3.5.3. Opportunities3.5.3.1. Anticipated trend of automation in marine transportation3.5.3.2. Increase in marine safety norms3.6. COVID-19 impact analysis

CHAPTER 4: GLOBAL AUTONOMOUS SHIPS MARKET, BY LEVEL OF AUTONOMY4.1. Overview4.2. Semi-autonomous4.2.1. Key market trends, growth factors and opportunities4.2.2. Market size and forecast, by region4.2.3. Market analysis by country4.3. Fully autonomous4.3.1. Key market trends, growth factors and opportunities4.3.2. Market size and forecast, by region4.3.3. Market analysis by country

CHAPTER 5: GLOBAL AUTONOMOUS SHIPS MARKET, BY COMPONENT5.1. Overview5.2. Hardware5.2.1. Key market trends, growth factors and opportunities5.2.2. Market size and forecast, by region5.2.3. Market analysis by country5.3. Software5.3.1. Key market trends, growth factors and opportunities5.3.2. Market size and forecast, by region5.3.3. Market analysis by country

CHAPTER 6: GLOBAL AUTONOMOUS SHIPS MARKET, BY SHIP TYPE6.1. Overview6.2. Commercial ships6.2.1. Key market trends, growth factors and opportunities6.2.2. Market size and forecast, by region6.2.3. Market analysis by country6.3. Defense ships6.3.1. Key market trends, growth factors and opportunities6.3.2. Market size and forecast, by region6.3.3. Market analysis by country6.4. Passenger ship6.4.1. Key market trends, growth factors and opportunities6.4.2. Market size and forecast, by region6.4.3. Market analysis by country

CHAPTER 7: GLOBAL AUTONOMOUS SHIPS MARKET, BY FUEL TYPE7.1. Overview7.2. Carbon neutral fuels7.2.1. Key market trends, growth factors and opportunities7.2.2. Market size and forecast, by region7.2.3. Market analysis, by country7.3. Liquefied natural gas7.3.1. Key market trends, growth factors and opportunities7.3.2. Market size and forecast, by region7.3.3. Market analysis, by country7.4. Electric batteries7.4.1. Key market trends, growth factors and opportunities7.4.2. Market size and forecast, by region7.4.3. Market analysis, by country7.5. Heavy fuel oils (HFO)7.5.1. Key market trends, growth factors and opportunities7.5.2. Market size and forecast, by region7.5.3. Market analysis, by country

CHAPTER 8: GLOBAL AUTONOMOUS SHIPS MARKET, BY REGION8.1. Overview8.2. North America8.3. Europe8.4. Asia-Pacific8.5. LAMEA

CHAPTER 9: COMPANY PROFILES9.1. ABB LTD.9.1.1. Company overview9.1.2. Company snapshot9.1.3. Operating business segments9.1.4. Product portfolio9.1.5. Business performance9.1.6. Key strategic moves and developments9.2. L3 ASV9.2.1. Company overview9.2.2. Company snapshot9.2.3. Operating business segments9.2.4. Product portfolio9.2.5. Business performance9.2.6. Key strategic moves and developments9.3. MITSUI O. S. K. LINES9.3.1. Company overview9.3.2. Company snapshot9.3.3. Operating business segments9.3.4. Product portfolio9.3.5. Business performance9.3.6. Key strategic moves and developments9.4. NORTHROP GRUMMAN9.4.1. Company overview9.4.2. Company snapshot9.4.3. Operating business segments9.4.4. Product portfolio9.4.5. Business performance9.4.6. Key strategic moves and developments9.5. HONEYWELL INTERNATIONAL9.5.1. Company overview9.5.2. Company snapshot9.5.3. Operating business segments9.5.4. Product portfolio9.5.5. Business performance9.5.6. Key strategic moves and developments9.6. ULSTEIN GROUP ASA9.6.1. Company overview9.6.2. Company snapshot9.6.3. Product portfolio9.6.4. Business performance9.7. WARTSILA.9.7.1. Company overview9.7.2. Company snapshot9.7.3. Operating business segments9.7.4. Product portfolio9.7.5. Business performance9.7.6. Key strategic moves and developments9.8. KONGSBERG GRUPPEN9.8.1. Company overview9.8.2. Company snapshot9.8.3. Product portfolio9.8.4. Business performance9.8.5. Key strategic moves and developments9.9. ROLLS ROYCE9.9.1. Company overview9.9.2. Company snapshot9.9.3. Operating business segments9.9.4. Product portfolio9.9.5. Business performance9.9.6. Key strategic moves and developments9.10. MARINE TECHNOLOGIES, LLC9.10.1. Company overview9.10.2. Company snapshot9.10.3. Operating business segments9.10.4. Product portfolio

CHAPTER 10: DEVICE PROVIDERS10.1. SEA MACHINES ROBOTICS, INC.10.1.1. Company overview10.1.2. Company snapshot10.1.3. Product portfolio10.1.4. Key strategic moves and developments10.2. NEPTEC TECHNOLOGIES CORP.10.2.1. Company overview10.2.2. Company snapshot10.2.3. Operating business segments10.2.4. Product portfolio10.3. INTEL CORPORATION10.3.1. Company overview10.3.2. Company snapshot10.3.3. Operating business segments10.3.4. Product portfolio10.3.5. Business performance10.3.6. Key strategic moves and developments10.4. GOOGLE (ALPHABET INC.)10.4.1. Company overview10.4.2. Company snapshot10.4.3. Operating business segments10.4.4. Product portfolio10.4.5. Business performance10.4.6. Key strategic moves and developments10.5. SHONE AUTOMATION INC.10.5.1. Company overview10.5.2. Company snapshot10.5.3. Product portfolio10.5.4. Key strategic moves and developments10.6. BUFFALO AUTOMATION10.6.1. Company overview10.6.2. Company snapshot10.6.3. Product portfolio10.6.4. Key strategic moves and developments

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Worldwide Autonomous Ships Industry to 2030 - Anticipated Trend of Automation in Marine Transportation Presents Opportunities - PRNewswire