Monthly Archives: February 2022

The other day, I got an email asking me to participate in a survey regarding robots in hotels. Basically, the people behind the study wanted to gauge how comfortable respondents were about letting robots and AI systems take care of different aspects of their stay.

Would they be happy to check in without ever speaking to a human? What about having a robot clean their rooms?

The reason this survey stuck with me is that it posited the possibility that hotels would be staffed by robots in the near future. I wondered if it would be people coming to stay in hotels who would delay this from happening due to technophobia. This is in spite of the fact that mechanisation itself is not fully automated in many industries.

In particular, the car manufacturing industry is still not fully automated. This has nothing to do with the comfort levels of technophobic customers, but because automating certain aspects of the process is still impossible for most manufacturers.

Is this something that will ever happen? If so, how far away are we from that date?

The Assembly Line

Today, the automotive industry relies heavily on the traditional assembly line. While the manufacturing of the parts as well as much of the construction of the bodywork is automated, there still needs to be a significant human presence to complete the job, especially when it comes to the trimmings.

This is surprising to most people in 2022, but perhaps it shouldnt be. The automotive industry is currently in a state of flux. Vehicles run on fossil fuels still dominate the world, but manufacturers are looking to electrical cars as the vehicles of the future. Hybrid cars are also a possible candidate. In the coming years, we will learn a lot about how our roads will soon look.

In this context, why should manufacturers build expensive robots that can automate the construction of traditional or hybrid cars? At the same time, pivoting to electrical vehicles is not yet possible for most companies. Those that have already done so understand that the vehicles they are making now may look very different to those they are making five years from now.

There are certainly companies coming close to full automation, but they are the exception and it may not even be to their benefit.

All of this begs a question that is ever present when discussing robotics: would full automation benefit the industry?

Automation: The Pros and Cons

The first matter to get out of the way is the question of jobs. Yes, it is a factor in this conversation, but it is present in every conversation about robotics and has been for hundreds of years. It is a fundamental question, but cannot be brought up every single time.

The more pertinent question is where money is better spent. Human capital is expensive, but so are robotics, especially those designed for one purpose. If a car company has a strong understanding of the future of their business for the next ten years, it may be worthwhile to spend that money.

But it can be argued that the manufacturers set to bring the industry forward are those that are letting the technology and its potential lead them. Those companies may surpass their own expectations over and over again, and investing in the robotics for each iteration of their product may feel like something that would hold them back.

Then there is the matter of the customers. A lack of automation does impact customers negatively. Just look at how much more expensive it is to insure electric cars. This is because repairs require specialized work, with parts that will remain expensive if automation is not advanced.

In other words, while car manufacturers can be in a state of perpetual flux for the sake of their products, their customers need stability. Most individuals who are not involved in the automotive industry (and are not interested in robotics) would gladly choose whichever option provided cheaper vehicles that do not cost an arm and a leg to repair.

Ultimately, the question of whether car manufacturing will ever be fully automated is difficult to answer on a number of levels. It seems like complete automation is a possibility, but whether companies will take that route is yet to be seen.

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Will Car Manufacturing Ever Be Fully Automated? - Robotics and Automation News

When we talk about digital transformation in the non-profit sector, we focus on the use of information, data and automated processes to allow that transformation to happen.

Data and metrics in the non-profit sector are key indicators of mission success. Any improvements or gains that can be created by leveraging technology for greater efficiency and visibility results in more money for the non-profit to deliver on its mission.

The Non-Profit Finance Leaders Survey, an annual survey conducted by Sage Intacct, found that 64 per cent of respondents cited manual, time-consuming reporting as their greatest pain point, with 45 per cent spending more than 25 hours a month using Excel spreadsheets.

Lack of real-time visibility into key outcome and performance metrics was the second greatest pain point reported by respondents (57 per cent), resulting in delayed decision-making and missed opportunities.

The third greatest pain point, cited by 57 per cent of respondents, was inefficiencies due to multiple, disconnected systems, resulting in delayed reporting and painful growth.

Being able to easily integrate and connect multiple systems is a powerful tool in moving toward a paperless environment and, ultimately, mission success.

If finance leaders want to become data-driven and paperless, there are three technology features they need.

Manual tasks such as consolidations, currency conversions, billing, allocations and vendor payment approval are very time-consuming. When non-profits automate these processes, they achieve increased efficiency and visibility across the organisation by integrating systems. They also gain visibility for proactive decision-making through quick, real-time reporting as well as achieving a better work/life balance.

One non-profit that automated its financial operations reported an 80 per cent increase in efficiency and saved over 400,000 a year in operating costs. This saving resulted in greater mission success and greater impact in the community.

Using technology and the right architecture can help speed up reporting. This means marrying up statistical information with financial data and having those metrics be able to tell us, at a glance, where the organisation is and how its doing.

Dimensions is a tool by Sage Intacct that allows users to visualise and find all the information they need, providing instant answers. It helps them to define, track and slice and dice their data using all the different attributes that are important to their organisation.

Being able to integrate systems, with a real-time view, gives you greater leverage. Having data all in one place gives non-profits a fuller picture of their performance, which leads to better long-term planning.

According to the Time to go Paperless report by the Journal of Accountancy, its estimated that every dollar invested in going paperless will generate a return of as much as $30.

The obvious benefits of going paperless are that it improves operational efficiency, improves document organisation and allows for multi-user access and even remote access for auditors.

Improving internal efficiencies, closing the month faster and freeing up resources for more strategic opportunities is a huge win. However, the bigger benefit is real-time information for programme success and money saved that can move to the programme side of the organisation, allowing non-profits to be better stewards of their finances and delivering greater mission impact.

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How to drive non-profit financial efficiency with paperless automation - Third Sector

Kristy Younger, head of commercial banking intelligent automation at Wells Fargo, will join a panel on Modernizing Commercial Lending through Automation Tuesday, at 3:45 p.m. ET at the Bank Automation Summit 2022, to be held March 1-2 at JW Marriott in Charlotte, N.C.

The panel will cover use cases for new loan origination processes, developments in credit underwriting automation, and advances in digitalization of compliance and risk.

Younger and her team co-lead intelligent automation at the $1.95 trillion bank, where they partner with all commercial banking lines of business in the identification, solution design, delivery, and production assurance of intelligent automations.

Youngers more than 20 years of experience at Fortune 30 organizations include deep intelligent automation at scale, customer excellence, digital transformation, and innovation leveraging emerging technology and data-driven insights.

Bank Automation Summit, taking place March 1-2 in Charlotte, is the first and only event to focus solely on automation in banking. The event will feature the brightest minds from across financial services on intelligent automation strategies and deployment. Learn more and register here for Bank Automation Summit 2022.

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Kristy Younger, Wells Fargos head of commercial banking intelligent automation, joins Bank Automation Summit - bankinnovation.net

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) SVP and Chief Financial Officer, Nick Gangestad, and SVP, Software & Control, Brian Shepherd, will present at Citis 2022 Global Industrial Tech and Mobility Conference in Miami, Florida, on Tuesday, February 22, 2022.

The fireside chat will be webcast beginning at approximately 10:30 a.m. EST and will be available on the Rockwell Automation Investor Relations website at http://www.rockwellautomation.com/en-us/investors.html.

About Rockwell Automation

Rockwell Automation Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 24,500 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit http://www.rockwellautomation.com.

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Rockwell Automation to Present at Citi's 2022 Global Industrial Tech and Mobility Conference - Business Wire

Date: March 15, 2022Time: 11:00 am ESTDuration: 1 hourSponsor: Systems with Intelligence Inc.

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DescriptionAutomated infrared systems monitor remote sites and assets continually to detect anomalies and provide thermal data under all load and environmental conditions. Infrared technology is widely used by utilities to periodically scan equipment and detect thermal anomalies. While extremely useful, periodic scanning can miss issues that occur between inspection cycles or under certain load conditions.

Analytic tools that provide an accurate view for planning fleet maintenance are a must have for todays utility asset managers. With a complete view of grid asset health, networked risks, end of life predictions, and reliability forecasts, asset managers will be able to objectively analyze maintenance policies and asset investments. Decisions on capital or maintenance spend can then be directed where they mitigate risks most economically on the network.

Attendees will be provided with an overview and demonstration of:

SpeakersAngelo RizzoPresident and CEOSystems with Intelligence Inc.Angelo Rizzo has over 20 years of experience in the electric utility and industrial automation industries. He has been instrumental in developing and supplying leading edge technology solutions for electric utility customers in the areas of protection relays, communications systems, video and asset monitoring systems. Angelo is currently the President & CEO at SWI and has held senior commercial and technical positions at RuggedCom and General Electric (Multilin). An IEEE member with a vision for developing solutions for utility markets.

Ted ZaluckiPresident and CEOEngineered Intelligence Inc.Ted Zalucki is the CEO and co-founder of Engineered Intelligence Inc, an infrastructure analytics technology company. Ted has 10+ years of hands-on experience in the T&D sector working within several utilities and as a consultant across North America. His expertise includes advanced analytics, investment planning, asset management, risk modelling, productivity, process optimization, construction management, design supervision, operations, and regulatory filings and defense. Teds background is in Industrial Engineering and Financial Engineering, he holds an ELITE certificate from the University of Toronto and is a practicing Professional Engineer.

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WEBINAR: Using Automated Infrared Inspections and Innovative Asset Management Planning Tools to Optimize Operations - Transmission & Distribution...

SAN FRANCISCO--(BUSINESS WIRE)--For 59 years, the future of innovation for the design and automation of electronic systems and circuits has been found at the Design Automation Conference (DAC). This year will be no different. DAC is now accepting nominations for the Under 40 Innovators Award at the 59th DAC. The Under 40 Innovators Award is sponsored by DAC, the Association for Computing Machinery (ACM), and the Institute of Electrical and Electronics Engineers (IEEE). The award will recognize up to five of the top young innovators (nominees should be 40 years or younger in age as of June 1, 2022) who are movers and shakers in the field of design and automation of electronics.

This years honorees (to be announced prior to DAC) will be presented with the award at the 59th DAC Award Ceremony, being held at Moscone West Center in San Francisco, CA from July 10 14, 2022. DAC will co-locate with SEMICON West 2022, which is being held at the Moscone Center, North and South Halls, July 12 15, 2022.

From beyond the traditional automation around chip implementation, design automation is rapidly expanding to new areas such as neuromorphic computing, biological systems, cyber-security and cyber- physical systems. Within the electronics industry, the advent of new technologies and alternate scaling approaches using new integration methods are emerging as traditional CMOS technology scaling slows down. Young innovators are redefining and shaping the future of the design automation field in industry, research labs, start-ups and academia, and DAC wants to recognize the best and brightest.

Nomination criteria:

The Under 40 Innovators Award is open to people in industry or academia with technical contributions of notable impact in the field of design and automation of electronics. Nominees are individuals who have made their contributions through work within an organization to the design automation community and to the broader society. The award is intended for specific contributions such as commercial products, software or hardware systems, or specific algorithms or tools incorporated into other systems widely used by industry members and academia. Nominations that emphasize only metrics such as number of publications, patents, and citations will not be sufficient. The impact, as measured by commercialization and/or wide adoption, of the nominees contributions is required.

The nomination for this award should include a one-page summary (fewer than 500 words) of the nominees technical work with specific emphasis on the impact of the work, a cover page with the email address, daytime telephone number and date of birth of the nominee. All nominations should be supported by at least three letters of recommendation. One of those letters of recommendation must be from a leader inside the nominees organization. Self-nominations are not allowed.

Up to five awards will be given each year at DAC. Nominations must be received by March 31, 2022, as a single PDF file. For more information and to submit, visit: https://www.dac.com/About/Under-40-Award. Previous Under 40 Innovator Award Recipients:

58th DAC:

57th DAC:

56th DAC:

55th DAC

54th DAC:

For additional information on the Under 40 award and the Design Automation Conference, visit http://www.dac.com.

About DAC

The Design Automation Conference (DAC) is recognized as the premier event for the design of electronic circuits and systems, and for electronic design automation (EDA) and silicon solutions. A diverse worldwide community, representing more than 1,000 organizations, attends each year. This includes system designers and architects, logic and circuit designers, validation engineers, CAD managers, senior managers and executives to researchers and academicians from leading universities. Close to 60 technical sessions selected by a committee of electronic design experts offer information on recent developments and trends, management practices and new products, methodologies and technologies. A highlight of DAC is its exhibition and suite area with approximately 200 of the leading and emerging EDA, silicon, intellectual property (IP) and design services providers. The conference is sponsored by the Association for Computing Machinery (ACM), and the Institute of Electrical and Electronics Engineers (IEEE), and is supported by ACM's Special Interest Group on Design Automation (ACM SIGDA) and IEEEs Council on Electronic Design Automation (CEDA).

Design Automation Conference acknowledges trademarks or registered trademarks of other organizations for their respective products and services.

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Nominations for the 59th Design Automation Conference Innovators Under 40 Award Now Open - Business Wire

The report on ID Barcode Reading in Factory Automation presents the best market and business solutions for the ID Barcode Reading in Factory Automation industry in this revolutionizing market to thrive in the market. Considering the strategic profiling of leading players in the Identification Barcode Reading in Factory Automation industry, thoroughly analyzing their core competencies and strategies such as new product launches, extensions, agreements, joint ventures, partnerships and acquisitions, the report helps companies. improve their strategies for selling goods and services. The Identification Barcode Reading in Factory Automation business report also identifies and analyzes upcoming trends along with key drivers,

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Identification Barcode Reading in Factory Automation Market is growing with a CAGR of 6.0% during the forecast period 2020 to 2027 and is projected to reach USD 3,309.01 Million by 2027.

The major benefit of using barcode scanning in industry is enabling supply chain managers to track stock keeping units (SKUs) and shipping information because the use of the scanner barcode eliminates default errors that occur in the traditional method.Due to increasing requirements for storing accurate data from the assembly line to outbound logistics, the market is expected to drive the evaluation period.Therefore, the benefits of barcode scanners in digital shopping such as product identification, LCD display and others are increasing the adoption of barcode scanners in digital shopping,

Segmentation:

On the basis of product type, the market is segmented into fixed mount barcode scanner, handheld scanner, laptop barcode scanner and others.In 2020, the fixed mount barcode scanner segment accounted for the largest market share owing to the growing demand for high-speed barcode scanners across various end-use industries, which increased the demand for fixed mount barcode readers.

On the basis of technology, the market is segmented into laser scanner, omnidirectional barcode scanners, camera readers, CCD (charge coupled device) readers, RFID (radio frequency identification) technology, pen type scanners and others .In 2020, the laser scanner segment accounted for the largest market share due to the growing demand for productivity improvement in the warehouse and logistics sector increased the demand for laser scanner.

On the basis of barcode type, the market is segmented into 1D and 2D.In 2020, the 2D segment accounted for the largest market share due to the growing demand for high-speed scanning devices at the point of sale, which led to an increasing demand for 2D barcodes.

Based on verticals, the market is segmented into consumer electronics, automotive, logistics, food & beverage, pharmaceutical & medical, packaging, oil & gas, and others.In 2020, consumer electronics accounted for the largest market share owing to the increasing use of high-speed barcode scanner in consumer electronics, which increased the demand for barcode scanner- bars in the market.

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Key Players Covered in the Identification Barcode Reading in Factory Automation Market Report:

The key players covered in the report are Jadak, Balluff Automation India Pvt.Ltd., RTscan Technology Limited, Scandit, Wasp Barcode Technologies, SATO America, Axicon Auto ID Limited, Handheld Group, Cognex Corporation, Great Eastern, Data Logic SpA, Honeywell International, Inc., OMRON Corporation, Zebra Technologies Corp.and KEYENCE Corporation among other domestic and global players.DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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A few points from the table of contents

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About Data Bridge Market Research

Data Bridge Market Researchpresents itself as an unconventional and neoteric market research and consulting company with an unparalleled level of resilience and integrated approaches.We are committed to unearthing the best market opportunities and fostering effective information for your business to thrive in the market.Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process.We think about heterogeneous markets according to the needs of our clients and seek the best possible solutions and detailed information on market trends.Data Bridge dives into markets in Asia, North America, South America, Africa to name a few.We settle for our glorious 99.

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Identification Barcode Reading in Factory Automation Market SWOT Analysis, Emerging Technologies, Growth and Forecast 2029 - Digital Journal

The research report analyzes Library Automation Service System in terms of its market value, trends, competitive scenario, and potential growth opportunities. Global Library Automation Service System Market Report thoroughly covers analyzed insights in view of the global Library Automation Service System market along with its ever-changing patterns, infrastructural properties, industry environment, and all dominant aspects of the market. The report discusses market growth and influential elements in-depth including increased commercialization, sweeping demands, and latest technological advancements.

The up-to-date research report on Library Automation Service System market inspects every nook and corner of the domain to help businesses and stakeholders reap maximum profits in the forthcoming years. It also presents the reader with various approaches to address the current and upcoming challenges in the marketplace. It specifically highlights the prevailing trends, growth stimulants, and revenue prospects impacting the industry trajectory.

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Moreover, the business intelligence report casts light on all the factors significantly contributing to the development of every market segment. Besides, it compares the past and present business scenario to predict the growth route of the market and sub-markets over the assessment period (2022-2027).

Proceeding further, the document offers a detailed account of the well-known firms in the industry, and also touches on the upcoming contenders and new entrants. It also informs the reader regarding the aftermath of COVID-19 pandemic and reveals the opportunities that can be explored amid and post the global crisis.

Key points from the Library Automation Service System market report table of contents:

Product type

Application spectrum

Regional terrain

Competitive arena

To conclude, the report encompasses a detailed assessment of Library Automation Service System market by closely examining its various segments. It also includes an industry supply chain review, recognizing the downstream clients, distribution channels, and prominent upstream suppliers, to help businesses in releasing their products & services successfully.

Key Highlights in Library Automation Service System Market Report:

Some of the key questions answered in this report:

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Library Automation Service System market size to expand momentously over 2022-2028 - Get News Alert