Category Archives: Automation

BT has announced the successful deployment of a robotics platform and management system to support the agricultural project Robot Highways, enabling a fleet of robots to help automate the farming process.

Robot Highways is a project led by agricultural robot specialist Saga Robotics, aiming to explore the use of robots and automation to increase the efficiency of soft fruit agriculture. The plan is for various robots to perform several essential, energy-intensive physical farm processes such as picking and packing fruit and treating crops to reduce critical pests and diseases, all while being powered by renewable energy.

In turn, the additional data generated by these robots can allow for more accurate forecasting, better business insights, and reduced agricultural waste for the farms.

Additional partners for the project are the University of Lincoln, Berry Gardens Growers Ltd, Clock House Farm, University of Reading, and the Manufacturing Technology Centre, alongside BT. It is funded by Innovate UK, the non-departmental public body that provides funding to stimulate and support business-led innovation.

Making this smart farming vision a reality will be no small feat. High-quality connectivity infrastructure will be paramount to enabling the required IoT environment, and this is where BT comes in. The operator has developed and tested the edge and cloud architecture that will be used to support this IoT infrastructure, though details of the specific technology provided were not announced.

Were delighted to be part of the Robot Highways project to demonstrate how BT can help the agricultural sector to automate by integrating robotics and other solutions on a single platform. As a leader in network-based platforms and edge infrastructure, we are ideally placed to support advanced robotic farming operations, said John Davies, Chief Researcher at BT.

Supporting agriculture has become an increasingly important focus for BT in recent years. For example, BT has been providing connectivity and support for Intelligent Growth Solutions (IGS), a Scottish agriculture firm specializing in TCEA (Total Controlled Environment Agriculture). IGS has built a vertical farm, with crops stacked on top of one another, with each crops specific microclimate managed digitally through mobile devices.

BT is not alone in its agricultural interest. Italian operator TIM, for example, last year partnered with a vineyard in Piedmont Langhe to provide 5G coverage and help enableautomation and drone deployment.

The vendors also want their share of this agricultural opportunity. Particularly with the advent of private networks and telecoms vendors potentially offering digital services and solutions directly to agricultural players, Huawei, for example, announced last year that they were deploying an AI solution to a Chinese pig farm, capable of monitoring the condition of each individual animal.

For more information: BT Group 1 Braham StreetLondon E1 8EE UKTl: +44 800 9177550bt.com/media-enquiries

Read more:

BT demos automated agriculture using robots and IoT - FreshPlaza.com

Taco NFT Loyalty Automation

Taco Labs Inc, the software development firm, recently announced their app Taco: NFT Loyalty Automation has integrated the energy-efficient Tezos blockchain and now supports Tezos NFTs on Shopify.

Taco helps brands deepen their connection with customers through loyalty rewards, gamification, and ownership, enabled by Web3; increasing customer engagement and retention.

The platform is a complete end-to-end Web3 automation solution for rewarding customer loyalty with NFTs that unlock exclusive products, discounts, and experiences using Tezos without writing any code.

The Taco apps recent integration of Tezos gives Shopify stores around the world a new way to engage with customers and plug into the rapidly growing Tezos NFT ecosystem.

More and more brands are choosing to deploy their NFTs on Tezos due to its low gas fees and energy efficiency, creating a rich environment for innovation.

Edward Adlard, Commercial Director, Trillitech.

Tezos energy-efficient design and low costs to mint and transact NFTs have attracted a diverse NFT community of artists, collectors, and builders around the world.

With Tezos home to major NFT platforms such as Objkt.com, one of the biggest NFT art marketplaces, more brands are choosing to build on Tezos than ever before.

We loved how easy it was to airdrop Tezos NFTs at the flograppling ADCC world championship; with Tacos shopify integration, we were able to instantly add utility and reward members with exclusive giveaways and prizes.

We did this all in record time without having to write any code.

James McCombe, Director, Future Kimonos

Read more:

Tezos NFTs Now Supported On Shopify Through Taco, An NFT Loyalty Automation Tool - XTZ News

Mihir Shukla, CEO at Automation Anywhere

Automation Anywhere provides a cloud automation platform to automate end-to-end business processes. The company has over 2,400 employees worldwide and is a leader in the Gartner Magic Quadrant. I spoke with founder and CEO Mihir Shukla about his vision for automation, the current state of the industry, and how his leadership has evolved since founding the company in 2003.

Karen Walker: When you founded this company almost 20 years ago, everything was so different in terms of automation. What was your vision then?

Mihir Shukla: Twenty years ago, in a different role, I traveled to many parts of the world. I saw millions of people sitting in cubicles, and a considerable part of their jobs was very mechanical - copying and pasting from one screen to another. I said to myself, We werent put on the planet to do this. This is not a human thing to do. It is very robotic.

Im very passionate about unleashing human potential. Ive always believed that talent is evenly distributed, but opportunity is not. My vision at that time was to unleash human potential by allowing every company to build a digital workforce with a digital coworker for every employee.

Walker: There is a great demand today for the workforce to do more and more. But even with an increased focus on profitability for many companies, we do need to be more effective about how we provide meaningful jobs for our workforce.

Shukla: That's right. We must rethink how we use people and where to use automation.

Walker: I know that part of what you've set out to do is around workforce transformation. Can you give some examples of how that has occurred through automation?

Shukla: Take a bank where you have knowledge workers in every retail branch and in the back office and mid-office in various functions. One such bank asked us, How do we transform this 180-year-old bank into a digitally operating bank where every worker has a digital coworker? When you walk into this bank's branch and you want to open an account, the employee is not going to take all the information, type in every field and make sure it's been typed correctly.

They're going to press a few buttons. And the bots will do most of the work for them. That allows the employees to be more engaged with the customer and to understand their needs better. This now happens across hundreds of processes for this bank. They operate with about 30,000 knowledge workers, all enabled with a digital coworker. It has completely changed the culture of the bank.

Walker: Better for the employee, better for the customer, and better for the company overall. I know that the buzzword in automation in the last few years has been robotic process automation (RPA). Could you talk about the trends in RPA and the state of the RPA market today?

Shukla: RPA is how this trend started. Today, it has gone much further to what we call an intelligent automation platform. The platform now allows you to discover processes using artificial intelligence automatically. It enables you to digitize documents and make sense of records. The resulting data gives you amazing insights about how your work is developing and where it could be improved.

In the last two years, the trends in this area have grown significantly. For example, 90% of business leaders tell us that they're using automation to help address the staffing shortages.

Even with the way economy is today, where budgets are tight, 77% of the companies have decided to increase their funding for automation. So, they may be cutting elsewhere, but they're using automation to be more efficient.

The other trend is the growth of the cloud in automation. Ninety-two percent of the customers that we speak to say they have a cloud-first approach to automation.

People realized that it is more seamless to scale and utilize hybrid work models on a cloud. Weve seen a 700% increase in our cloud operations.

Walker: For leaders who want to adopt intelligent automation, where do they start?

Shukla: The first thing I would tell them is to realize this is not a nice to have -this is a must have for every organization today.

It is always a partnership between business and IT, and it takes leadership. Once you decide that there is no other choice but to adopt automation, then the question becomes how to bring everybody along. Where do you stack, and how do you scale?

To bring everyone along, we must top-down mandate the adoption of automation- first strategies. Then, we must educate employees using our communities and learning programs.

I would mention one more thing. The world has changed today, and employees are now taking a job based on which company will allow them to work with automation.

Many employees, especially those who are young, want careers not just jobs. They will often pick a position if it allows them to work with automation and creates a fulfilling career path. Employees know that when you work with automation or create automation for yourself, you get paid better.

Walker: You've been the CEO now at Automation Anywhere for almost 20 years. How and why have you personally developed your skills during those 20 years?

Shukla: I would say that it starts with curiosity. I'm a software engineer by education, but I was curious about hundreds of other functions. I wanted to understand how the world operates.

Along the journey, I acquired the skills to articulate a compelling vision, allowing people to see what a good change looks like and why this change is better. Then, the skills led to inspiring people, creating systems, processes, and centers to channel human energy towards that better picture.

Walker: The tagline for my consulting business is up and to the right because that's the spot on the two-by-two matrix where we always want to be, as you know, from your experience as a magic quadrant company. Did you have a moment where you knew you were moving in that direction?

Shukla: I never wanted to be a CEO. I always thought about what impact I wanted to create, what change I wanted to bring, and what values I wanted to represent. Somewhere on that journey, different job titles emerged, eventually leading to CEO.

If you're adding value to the world and to your customers, amazing things happen.

In my role, I visit many customers, and walk the floors of their operations. During the first few years, I would invariably ask every employee of a customer, Now that you use automation, would you ever go back?

Their eyes would light up and they said, Never, ever. When you see that light in their eyes, you know that as a leader, you don't have a choice. Every enduring change has that quality.

Follow this link:

Mihir Shukla, CEO Of Automation Anywhere: Creating Digital Coworkers For Every Employee - Forbes

Rockwell Automation, Inc., dedicated to industrial automation and digital transformation, is releasing FactoryTalk Design Hub, enabling industrial organizations to transform their automation design capabilities with a more simplified, productive way to work powered by the cloud.

Teams of all sizes, skillsets, and locations can work smarter through enhanced collaboration, improved lifecycle management, and on-demand access to cloud-based software. The result is increased design productivity, faster time to market, and systems that cost less to build and maintain, according to the vendor.

In this new age of work from anywhere, having centralized, on-demand design tools is critical for businesses to scale production and easily adapt to evolving customer needs, said Brian Shepherd, senior vice president, software and control at Rockwell. FactoryTalk Design Hub gives manufacturing engineers access to the full breadth of Rockwell Automation tools and capabilities in a centralized nexus for successful design and collaboration across their team and the greater enterprise.

FactoryTalk Design Hub improves development and deployment of automation projects for industrial organizations, while adhering to the latest security standards and information technology (IT) best practices.

It enables teams to access designs on demand from any web browser with software that is always up to date and flexibly scales users and compute capacity to meet project workload demands, according to the company.

FactoryTalk Design Hub includes five core solutions:

FactoryTalk Design Hub and its core components will all be generally available by the beginning of 2023.

For more information about this news, visit http://www.rockwellautomation.com.

Here is the original post:

Rockwell Automation offers new industrial automation solutions - KMWorld Magazine

Power Automate, Microsofts Power Platform service that helps users create workflows between apps, is getting new AI smarts. During its Ignite conference, Microsoft rolled out capabilities powered by OpenAIs Codex, the code-generating machine learning system underpinning GitHub Copilot. Starting today (in public preview), Power Automate users can write what they want to automate in natural language and have Codex generate suggestions to jumpstart the flow creation.

Its Microsofts latest move to more tightly integrate the various technologies from OpenAI, the San Francisco AI startup in which it has invested $1 billion, into its family of products. Two years ago, Microsoft introduced a Power Apps feature that used GPT-3, OpenAIs text-generating system, to create formulas in Power Fx, Power Platforms programming language. Microsoft also continues to evolve Azure OpenAI Service, a fully managed, enterprise-focused platform designed to give businesses access to OpenAI innovations with governance features.

Our goal is that anywhere in the ecosystem that a person would need to write code they have the flexibility to start with natural language too, and Codex is core to that strategy, Stephen Siciliano, VP of Power Automate, told TechCrunch in an email interview. [These are] new tools that will help users eliminate tedious work and free up time for workers to focus on more high value projects.

Image Credits: Microsoft

Using the new Codex-powered tool, Power Automate users can describe the type of workflow automation theyd like to create in a sentence. Codex will then translate this into flow recommendations, which when set up with the appropriate connectors can be fine-tuned within Power Automates flow designer to create an automated workflow.

Siciliano says that the feature will support key Microsoft 365 connectors at launch, and that there will be additional integrations in the coming months.

We have fine-tuned Codex primarily with the thousands of templates that we have for Power Automate cloud flows today, he added. Originally, Codex was trained on billions of lines of public code in languages like Python and JavaScript to suggest new lines of code and functions given a few snippets of existing code. These templates are a combination of Microsoft-built and community submitted scenarios, so they cover a breadth of use cases and everything from very simple to more advanced flows.

When asked about the longer-term roadmap, Siciliano declined to reveal much. But he suggested that Codex might come to more places within Power Platform in the future.

[T]here are many different places in the Power Platform where natural language may be useful, so youll see a broader rollout, he continued. Moreover, we will continue to enhance the accuracy of the [system] over time as well.

The new Codex-Power Automate integration dovetails with enhancements to AI Builder, which also landed this morning. (AI Builder, a built-in Power Automate feature, lets users add AI capabilities and models to automated flows.) AI Builder now offers users the ability to train AI systems on the data they might want to extract from documents, allowing Power Automate to pull data in freeform documents such as contracts, statements of work and letters, even from tables that span several pages. Microsoft says the document-processing capabilities of AI Builder now support 164 languages, including handwritten Japanese.

Go here to read the rest:

Thanks to AI, you can now create automations in Power Automate by simply describing them - TechCrunch

Future Market Insights Global and Consulting Pvt. Ltd.

North America is expected to be the most opportunistic laboratory benchtop automation market, expanding at a 9% CAGR. Prominent players in the global laboratory benchtop automation market are Thermo Fisher Scientific, Danaher Corporation, Agilent Technologies, QIAGEN, PerkinElmer, Beckmann Coulter Inc.

NEWARK, Del: , Oct. 13, 2022 (GLOBE NEWSWIRE) -- The global laboratory benchtop automation market is valued at US$ 1.31 Bn as of now and is expected to reach US$ 2.13 Bn by the year 2032 at a CAGR of 5% from 2022 to 2032.

With diagnostic centers and hospitals increasingly asking for laboratory benchtop automation, the laboratory benchtop automation market is expected to grow graciously in the forecast period.

It has been observed that automation in the laboratories has drastically altered the analytics as well as non-analytic aspects of the lab-oriented operations. The major factor pushing the growth of laboratory benchtop automation systems is that of automation technologies getting evolved on a continuous note with the objective of improving efficiency and quality of the laboratory tests. Laboratory benchtop automation systems overpower conventional systems in terms of efficiency, speed, and test volumes.

Get Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8449

Laboratory benchtop automation, as the name suggests, implies, an automated workstation including numerous processing instruments that get linked together through plate mover. These systems are of utmost use when it comes to finishing repetitive tasks regarding analytical and clinical testing activities and drug discovery.

Forensics and diagnostics are also witnessing advancements, thereby extending a relentless support to laboratory benchtop automation systems. Reduction of downtime is another factor driving the laboratory benchtop automation market.

At the same time, the market could get restrained due to denial on the part of SMEs to adopt laboratory benchtop automation system. Dearth of skilled personnel is another factor to ponder about. Future Market Insights has delved deeper into the laboratory benchtop automation market with insights in its latest market study entitled Laboratory Benchtop Automation Market.

Story continues

Key Takeaways from Laboratory Benchtop Automation Market

North America holds the largest market share. It is expected to witness a CAGR of 9% in the laboratory benchtop automation market in the near future, followed by Europe.

The Asia-Pacific is expected to grow at the fastest pace in the laboratory benchtop automation market with countries like Japan and China leading from the front.

LATAM is also expected to pick up pace with the healthcare vertical witnessing advancements in infrastructure.

Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-8449

Various repetitive tasks related to modern drug discovery could be easily automated with the help of small-scale automation solutions. This factor is expected to take the laboratory benchtop automation market by storm in the forecast period, says an analyst from Future Market Insights.

Competitive Analysis

Agilent Technologies is into offering BenchCel Microplate Handler through Benchtop ELISA Automation, which could be used to facilitate ELISAs endpoint detection.

Roche, in January 2019, did launch cobas pro integrated solutions in every country where CE mark is acceptable. This product stands tall regarding reliability, efficiency, and maintenance by increasing the patient satisfaction quotient and reducing cost of the healthcare delivery.

MAQGEN, since the year 2017, has been operating as a joint venture between Qiagen and Maccura Biotechnology Co., Ltd. The major objective is acceleration of local adaptations, development, and commercialization of GeneReader NGS System in the ever-expanding clinical research markets based out of China.

Hamilton Robotics makes way for solutions for 100% automated workflows. The liquid handling workstations give consistent results regarding assays, right from low-throughput pipetting protocols to the high-throughput systems, that too, with the integrated sample storage.

Hamilton Storage paves the way for automated sample management systems, consumables, and benchtop devices. These storage systems properly integrate with Hamilton Robotics Liquid handling workstations, thereby making way for completely automated sample processing centers for supporting a wide spectrum of life science applications.

VERSA from Aurora Biomed Inc. is capable of creating protein fractions (for upcoming serological testing), create slides (for determining if spermatozoa is present on post-digest samples), and perform diverse extractions on several samples.

RapidPick Colony Picking Systems from Hudson come across as entirely automated high-throughput microbial colony picking workcells, thereby delivering exceptional performance with utmost accuracy.

Hudson has DNA extraction workstation, which simplifies process of isolation of pure nucleic acids or proteins from a plethora of natural sources. These small, space saving extraction systems could be designed wherein low throughput is required and plates are loaded manually.

Buy This Report@ https://www.futuremarketinsights.com/checkout/8449

What does the Report Cover?

Future Market Insights offers an exclusive perspective and various real-time insights on the laboratory benchtop automation market in its latest study, presenting historical demand assessment of 2016 2021 and projections for 2022 2032.

The research study is based on product type (automated liquid handling & dispensing benchtop equipment, laboratory benchtop sample storage and handling equipment, laboratory benchtop robotics systems, and laboratory benchtop automation system accessories), and by end-use (research & development institutes, pharmaceutical industries, hospitals & diagnostic centers, and likewise).

Key Segments Profiled in the Laboratory Benchtop Automation Industry Survey

Laboratory Benchtop Automation Market by Product Type:

Automated Liquid Handling & Dispensing Benchtop Equipment

Laboratory Benchtop Sample Storage and Handling Equipment

Laboratory Benchtop Robotics Systems

Laboratory Benchtop Automation System Accessories

Laboratory Benchtop Automation Market by End Use:

Laboratory Benchtop Automation for Research & Development Institutes

Laboratory Benchtop Automation for Pharmaceutical Industries

Laboratory Benchtop Automation for Hospitals & Diagnostic Centres

Laboratory Benchtop Automation for Other End Use

View Full Report @ https://www.futuremarketinsights.com/reports/laboratory-benchtop-automation-market

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

For Complete TOC @ https://www.futuremarketinsights.com/toc/rep-gb-8449

Explore FMIs related ongoing Coverage onTesting Equipment Domain

Global Laboratory Furnaces Market Size: Laboratory furnaces are available in various configurations or form factors, such as box, split tube, and tube furnace configurations, with an intention of catering to the varying demands of end users.

Benchtop Centrifuges Market Growth: Benchtop Centrifuges are commonly used for filtration and sedimentation process. These are widely used in hospitals and laboratories.

Battery Testing Equipment Market Trends: The global battery testing equipment market is projected to have a moderate-paced CAGR of 4% during the forecast period. The current valuation of the market is US$ 520 million in 2022.

Food Tester Market Forecast: Global food tester market worth is expected to rise at a rate of 8% per year to US$ 42.81 Billion by 2032

Environmental Test Chambers Market Analysis: The environmental test chambers market is registering an average growth pace with an estimated CAGR of 3.0% from 2022 to 2032.

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact us:

Future Market Insights Inc. Christiana Corporate, 200 Continental Drive,Suite 401, Newark, Delaware - 19713, USA T: +1-845-579-5705 For Sales Enquiries:sales@futuremarketinsights.com

Read more:

Flourishing Hospitals and Diagnostic Centers to Drive the Laboratory Benchtop Automation Market, breaching US$ 2.13 Bn by the year 2032 at a CAGR of...

A global ABB survey has revealed a growing trend in US and European businesses towards re-shoring or nearshoring operations to build resilience in the face of global challenges but at the same time, a significant education gap in the skills necessary for these strategies to succeed.

Sami Atiya, president of ABBs Robotics and Discrete Automation Business, says: The world is constantly evolving businesses are shifting existing structures and adopting new technologies to future-proof their operations for a variety of challenges and uncertainties, with robotic automation playing a key role.

We need significant investment in continuous education to prepare our existing and future workforce to thrive in an age of robotics and automation, important not only to prepare for the widespread shifts we are seeing, but to create prosperous societies going forward.

ABBs 2022 survey of US and European business leaders revealed that 74 percent of European and 70 percent of US businesses are planning to re- or nearshore operations to build their supply chain resilience in response to labor shortages, the need for a more sustainable global footprint and global uncertainty.

The majority of these businesses view automation as the enabler of these shifts, with 75 percent of European and 62 percent of US businesses surveyed planning to invest in robotics and automation in the next three years to facilitate this shift in operations.

Despite this appetite for automation, ABBs 2022 global education survey found a significant gap in the education and training needed to ensure the skills necessary for work in the increasingly connected and automated workplaces of the future.

Of the global education professionals surveyed, 80 percent believe robotics and automation will shape the future of employment in the next ten years, while only one in four education institutions currently use robots as part of their teaching programs.

To help bridge the skills gap, ABB has bolstered its global Robotics and Automation education program with new training centers, including its 100 m global innovation and training campus in Austria.

The new site, along with other new regional training centres in the UK, Berlin and Brazil expands ABBs training facilities to over 40 sites globally, educating more than 30,000 students from schools, colleges and universities, as well as apprentices and workers each year.

The sites add to ABBs existing educational offering, which consists of software packages, including ABBs Wizard Easy programming, RobotStudio and RobotStudio AR Viewer App, as well as hardware in the form of collaborative robot cells and application packages.

Through more than 100 global partnerships with schools and universities, ABB generates curriculum materials with education providers to help educate future generations and prepare them the jobs of tomorrow.

Atiya says: Change needs to happen now.

As companies turn to robotic automation to offset labor shortages, improve efficiency and increase resilience, workers need the skillsets to use automation to perform their jobs and augment their own roles.

Businesses need to join forces, cooperating with education institutions and Governments to ensure that society is prepared for jobs of the future. Only through this can we fully utilize flexible automation and unlock value from the ongoing re-industrialization.

ABBs survey highlights the critical need to promote the teaching of robotics and automation skills. For more information, including ABBs offering for education, examples of educational projects involving ABB and its robots and software, and a white paper explaining how teaching automation can help shape tomorrows workforce, visit the ABB education portal page.

You might also like

Visit link:

ABB survey reveals re-industrialization 'at risk' from global education gap in automation - Robotics and Automation News

Did you miss a session from MetaBeat 2022? Head over to the on-demand library for all of our featured sessions here.

Compliance is an all or nothing game. An organization either complies with data protection regulations to the letter or it gets hit with fines mercilessly. However, the complexity of the regulatory landscape and a shortage of cybersecurity professionals makes it difficult to reduce risk.

Yesterday, security and compliance automation platform Vanta announced it has raised $40 million as part of an extension to a series B funding round that closed in June, which valued the company at $1.6 billion.

Vantas solution provides organizations with help to meet compliance standards including SOC 2, HIPAA, and the GDPR.

This funding round reinforces that automation is the key to remaining compliant in an era of sprawling data protection regulations, from the GDPR to the California Consumer Protection Act (CCPA).

Low-Code/No-Code Summit

Join todays leading executives at the Low-Code/No-Code Summit virtually on November 9. Register for your free pass today.

The announcement comes shortly after Sephora and Meta received steep fines for violating the CCPA and the GDPR respectively.

While these are isolated situations, most organizations recognize the need to comply with data protection regulations, but lack the in-house resources and expertise to secure their environments.

Trying to prevent security incidents and implement data controls manually is often impractical for these organizations, leaving them open to cyberattacks and regulatory fines.

The answer to this predicament isnt necessarily to bolt-on compliance as an afterthought, but to build automated processes from the ground up so that security teams can scale to secure their environments at a high level, in compliance with the necessary regulatory frameworks.

Today, businesses have to think about security and compliance from Day 1, said Christina Cacioppo, CEO of Vanta.

Most cant afford to hire somebody full-time, but the cost of getting it wrong is huge. Vanta levels the playing field for software companies in a downturn, helping them win business and prove their compliance with less spend overall. Were honored to have industry leaders like CrowdStrike support Vanta as a next-generation security company, Cacioppo said.

Vanta provides users with auditor-vetted controls and the capability to audit their environments for compliance gaps, for regulatory frameworks including SOC 2, ISO 27001, HIPAA, PCI DSS, GDPR and CCPA, that speed up the certification process and reduce the risk of non-compliance.

Polaris Market Research anticipates that the enterprise governance, risk and compliance software market will be worth $97 billion by 2028 as more organizations look to get compliance sprawl under control.

One of Vantas main competitors in the market is Drata, a compliance platform that enables enterprises to automatically monitor data protection controls, identifying gaps in complying with regulatory frameworks including SOC 2, ISO 27001, and HIPAA. Drata most recently announced raising $100 million in series B funding round.

Another competitor is HyperProof, which raised $16.5 million as part of a series A funding round earlier this year, for an automated compliance platform for managing internal controls, automating audit processes and workflows, and assessing compliance posture.

At this stage, Vanta is aiming to differentiate itself from other providers by helping organizations enhance their compliance standing on insights taken from other companys compliance journeys.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.

Follow this link:

Compliance automation may be the key to beating regulatory sprawl, Vanta raises $40M - VentureBeat

SAN JOSE, Calif., October 13, 2022--(BUSINESS WIRE)--Kanverse.ai, a Hyper Automation company, has announced the global launch of Jasper release of its patented AI-powered Intelligent Document Processing Product suite for Enterprises.

With the Jasper release, Kanverse.ai has introduced a new AI-powered Sales Order automation product. With Kanverse Sales Order automation, sales operations and customer success teams can now automate the intake of sales orders, extraction of order details with up to 99.5% accuracy, validation of orders based on business needs, and filing in the ERP system.

The release also introduces exciting new capabilities for AP Invoice Processing Automation for multi-layer invoice approval workflows, processing bulk invoices as a single MS Excel document, and non-PO invoice processing automation with intuitive capabilities.

The Jasper release delivers innovative industry-leading features for Insurance document processing automation. A new insightful analytical dashboard provides a holistic view of the entire document proceeding, while API support for claims processing leverages powerful Kanverse image processing technology. This technology will detect and classify damages from images with 99.5% accuracy.

"Kanverse continues to transform enterprises and deliver path-breaking innovation to our customers with our AI-powered suite of products," said Karan Yaramada, CEO of Kanverse, Inc. "With Jasper release, we have taken a step forward in our innovation to help our customers recession-proof their businesses by saving operations cost substantially, increasing business agility and turbocharging productivity"

Kanverse.ai Overview

Kanverse.ai, a Hyper Automation company, offers a cloud-based platform and a suite of products that can support various use cases across the enterprise to remove bottlenecks, streamline business processes, and minimize manual touch points across workflows. Our flagship product is AI-powered Kanverse Intelligent Document Processing (IDP) which delivers solutions for AP Invoice Automation, Sales Order Automation, and Insurance Document Processing Automation Learn more at: http://www.kanverse.ai

Story continues

View source version on businesswire.com: https://www.businesswire.com/news/home/20221013005855/en/

Contacts

Akhil Sahai - Chief Product Officer (CPO)akhil.sahai@kanverse.ai

See the rest here:

Kanverse Jasper Release Delivers an AI-Powered Sales Order Automation Offering, and New Innovative Industry-Leading Features for AP Invoice...

CHICAGO, Oct. 12, 2022 /PRNewswire/ --The global Automation COE Market size to grow from USD 0.3 billion in 2022 to USD 1.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 36.9% during the forecast period, according to a new report by MarketsandMarkets.The Automation COE Market is expected to grow at a significant rate in coming years owing to the need to enhance ROI and reduce overall operational costs. Some factors driving the growth of the Automation COE Market are significant improvements in ROIs across businesses, reduced data entry errors, and improved quality with reduced risk. Furthermore, automation CoEs enable companies to develop an organization-wide automation strategy as well as scale and standardize automated related solutions.

MarketsandMarkets Logo

Browse in-depth TOC on"Automation COE Market"

93 - Tables 37 - Figures 171 - Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234388731

An automation center of excellence (COE) includes the people, processes, and technologies that help improve overall automation process. An automation COE is an internal business unit dedicated to implementing automation initiatives across the entire organization and coordinates automation projects across various business units and identifies and approves reusable components that can be utilized in future automation projects. Effective COEs can differ from organization to organization, depending on the size of the company or the scale of automation.

Governance Services to witness the highest CAGR during the forecast period

Based on service, the Automation COE Market is segmented into technology assessment & consulting, design & testing, governance, and implementation support services. Automation COE combines multiple technologies to automate complex end-to-end business processes that involve decision-making and continuous learning. Businesses leverage this opportunity by automating small rule-based tasks to complex business processes. To respond to this dynamic trend, organizations need superior automation capabilities. With the growing adoption of technology-based software solutions, the demand for advisory services is likely to rise. Non-IT organizations require advisory services because they lack the skills to comprehend the complexity involved in establishing advanced automation technologies.

Story continues

Large Enterprises to register for the largest market size during the forecast period

Based on organization size, the Automation COE Market has been segmented into SMEs and large enterprises. SMEs are enterprises with an employee strength of 11,000, while large enterprises have an employee strength of more than 1,000. With globalization, organizations have recognized the need to train the internal staff, as well as customers, to attain their business goals. Companies require technologies that can assist them in improving their profit margins and operational efficiencies. Large enterprises are expected to rapidly adopt automation solution to build COE in the coming years due to their complex network of channel partners present across the globe.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=234388731

North America to hold largest market size during the forecast period

Based on regions, the Automation COE Market is segmented into North America, Asia Pacific, Europe, and the Rest of the World (RoW). The RoW covers the Middle East & Africa and Latin America. North America is expected to dominate the market during the forecast period. The growth of the North American market can be attributed to the presence of leading service providers for automation COE and increasing investments in R&D in this region.

Enterprises across all regions are increasingly opting for integration and automation technologies for various business operations, such as finance, HR, sales & marketing, and supply chain. The Work Automation Index 2022 found that 66% of organizations in North America now use COE platforms in five or more departments, and the number of organizations with seven automated departments has almost tripled since 2019. North America and Europe are expected to hold relatively larger shares of the market, as companies in these regions are early adopters of trending technologies.

Some major players in the Automation COE Market include SS&C Blue Prism (UK), UiPath (US), Automation Anywhere (US), NICE (Israel), Digital Workforce (Finland), HelpSystems (US), Ctrl365 (Argentina), FASTPATH (Netherlands), ElectroNeek (US), AnyRobot (US), Roboyo (Germany), Nintex (US), Chazey Partners (US), Smartbridge (US), Blueprint (US), Robocloud (UK), Verint (US), Appian (US), Cigniti (India), Innominds (US), TestingXperts (US), KiwiQA (Australia), Calidad Infotech (India), CIGNEX (US), ChoiceWORX (US), and XenonStack (US).

Browse Adjacent Markets: Analytics MarketResearch Reports & Consulting

Related Reports

Intelligent Process Automation Market- Global Forecast to 2027

Indoor Location Market- Global Forecast to 2027

Natural Language Processing Market- Global Forecast to 2027

Artificial Intelligence Market- Global Forecast to 2027

Risk Analytics Market- Global Forecast to 2026

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish MehraMarketsandMarkets INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: sales@marketsandmarkets.comResearch Insight: https://www.marketsandmarkets.com/ResearchInsight/automation-coe-market.aspVisit Our Website: https://www.marketsandmarkets.com/Content Source: https://www.marketsandmarkets.com/PressReleases/automation-coe.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Cision

View original content:https://www.prnewswire.com/news-releases/automation-coe-market-worth-1-5-billion-by-2027--exclusive-report-by-marketsandmarkets-301647199.html

SOURCE MarketsandMarkets

Go here to read the rest:

Automation COE Market worth $1.5 billion by 2027 - Exclusive Report by MarketsandMarkets - Yahoo Finance