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Category Archives: Automation

The Worldwide Modular Laboratory Automation Industry is Expected to Reach $4.9 Billion by 2027 – ResearchAndMarkets.com – Business Wire

Posted: December 13, 2021 at 1:54 am

DUBLIN--(BUSINESS WIRE)--The "Modular Laboratory Automation - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Modular Laboratory Automation estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 6.3% over the analysis period 2020-2027.

Automated Liquid Handlers, one of the segments analyzed in the report, is projected to grow at a 6.4% CAGR to reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Automated Plate Handlers segment is readjusted to a revised 6.8% CAGR for the next 7-year period. This segment currently accounts for a 18.2% share of the global Modular Laboratory Automation market.

The U.S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 5.9% CAGR for the Period of 2020-2027

The Modular Laboratory Automation market in the U.S. is estimated at US$953.4 Million in the year 2020. The country currently accounts for a 29.52% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$868.6 Million in the year 2027 trailing a CAGR of 5.9% through 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR while Rest of European market (as defined in the study) will reach US$868.6 Million by the year 2027.

Robotic Arms Segment Corners a 13.3% Share in 2020

In the global Robotic Arms segment, USA, Canada, Japan, China and Europe will drive the 6.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$345.3 Million in the year 2020 will reach a projected size of US$524.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$570 Million by the year 2027.

Select Competitors (Total 46 Featured) -

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/7z1w0d

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The Worldwide Modular Laboratory Automation Industry is Expected to Reach $4.9 Billion by 2027 - ResearchAndMarkets.com - Business Wire

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Automation Testing Market worth $49.9 billion by 2026 – Exclusive Report by MarketsandMarkets – PRNewswire

Posted: at 1:54 am

CHICAGO, Dec. 10, 2021 /PRNewswire/ -- According to a research report "Automation TestingMarketby Component (Testing Types (Static Testing and Dynamic Testing) and Services), Endpoint Interface (Mobile, Web, Desktop, and Embedded Software), Organization Size, Vertical, and Region - Global Forecast to 2026", published by MarketsandMarkets, the Automation Testing Market size is expected to grow USD 20.7 billion in 2021 to USD 49.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period. The Automation Testing Market is growing due to the rapid adoption of advanced technologies.

Browse in-depth TOC on"Automation Testing Market"485 Tables 47 Figures 354 Pages

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Implementation services segment to grow at the highest CAGR during the forecast period

Implementation services facilitate the integration of automation into the existing software testing infrastructure. Interoperability issues are a major concern in deploying platforms with automation testing solutions. Hence, integrating the solutions with various hardware components and testing the functioning of the entire system is of the utmost importance for the successful execution of automation testing solutions. These services bring together several communication standards, diverse services, and device and data management tools to build automation testing solutions for organizations. Furthermore, these services begin with collecting customers' requirements and then deploying, integrating, testing, and rolling out the solutions. These services enable organizations to integrate their operational and enterprise environment to provide a transparent testing experience ultimately.

Mobile Endpoint Interface segment is expected to grow at a higher CAGR during the forecast period

Mobile automation testing is an important segment in this fast-moving world. When the development team becomes acquainted, they can work fleetly, and there is no possibility that the existing features will change. Even with the best manual testing processes and test engineers, it is considered that no company can set up and afford the framework for testing mobile applications. Repeating the tests manually is costly and time-consuming, whereas, in the case of test automation, time and cost are both saved as the tests performed are spontaneous according to the framework

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Asia Pacific (APAC) region to record the highest growing region in the Automation Testing Market

APAC is the most promising region as it has major economies, such as Australia, Japan, Singapore, China, New Zealand, and Hong Kong, which offer significant growth opportunities for automation testing vendors. The region is expected to grow at the highest CAGR during the forecast period. This region comprises major economies like India, and China which has a very large customer base. The governments are taking initiatives for rapid adoption of new technologies like AI and ML, automation, IoT, mobile and web-based applications, cloud-based services, and other technologies.

Key and innovative vendors in the Automation Testing Market are Accenture (Ireland), AFour Technologies (US), Applitools (US), Astegic (US), Broadcom (US), Capgemini (France), Cigniti Technologies (India), Codoid (India), Cygnet Infotech (India), froglogic (Germany), IBM (US), Infostrecth (US), Invensis (India), Keysight Technologies (US), Micro Focus (UK), Microsoft (US), Mobisoft Infotech (US), Parasoft (US), ProdPerfect (US), QA Mentor (US), QA Source (US), QualityKiosk Technologies (India), Ranorex (Austria), Sauce Labs (US), Smartbear Software (US), Testim.io (US), Thinksys (US), Tricentis (US), Worksoft (US).

Browse Adjacent Markets: Software and Services Market ResearchReports & Consulting

Related Reports:

Cloud TestingMarket by Component (Testing Tools/Platforms and Services), Testing Tool/Platform (Functional Testing, API Testing), Service (Managed Services and Professional Services), Vertical, and Region - Global Forecast to 2022

API TestingMarket by Component (API Testing Software/Tools and API Testing Services), Deployment Type (Cloud Based and On-Premises), Vertical, and Region - Global Forecast to 2022

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: [emailprotected]Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automation-testing-market.aspVisit Our Website: https://www.marketsandmarkets.comContent Source: https://www.marketsandmarkets.com/PressReleases/automation-testing.asp

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Automation Testing Market worth $49.9 billion by 2026 - Exclusive Report by MarketsandMarkets - PRNewswire

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Industrial Automation Market in Europe and MEA worth $51.4 billion by 2026 – Exclusive Report by MarketsandMarkets – PRNewswire

Posted: at 1:54 am

CHICAGO, Dec. 10, 2021 /PRNewswire/ -- According to the new research report the "Industrial Automation Market in Europe and Middle East & Africawith COVID-19 Impact by Component (Industrial Sensors, Industrial 3D Printing, Industrial Robots), Solution (SCADA, DCS), Industry and Region - Forecast to 2026", published by MarketsandMarkets, the market is estimated to grow USD 36.4 billion in 2021 and reach USD 51.4 billion by 2026; it is expected to register a CAGR of 7.1% from 2021 to 2026. The growth of the market is attributed to the growing demand for real-time data analysis across geographies and increasing adoption of latest technology across the end-use industries to improve performance. The major driving factor for the industrial automation market is the increasing demand for real-time data analysis and proactive maintenance, which would enable manufacturers to obtain better visibility of the manufacturing plant and, therefore, enhance efficiency. Also, increase in emphasis on predictive maintenance and asset management solutions, which would provide better visibility to users regarding condition of equipment, is fueling their demand.

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"Industrial Sensors Segment Expected to Hold Largest Size of Industrial Automation Components Market in the Middle East & Africa During Forecast Period"

The industrial sensors segment is projected to account for the largest size of the industrial automation market from 2021 to 2026. The growth of the industrial sensors segment is driven by the growing adoption of Industry 4.0 and IIoT and the expansion of the wireless sensors market. Industrial sensors are extensively used in the manufacturing industry, majorly for improving connectivity among various operations. Manufacturers worldwide have begun integrating sensors for collecting real-time data from various data points. Moreover, sensors being an important part of predictive maintenance solutions, are projected to witness rapid growth in demand in the coming years as predictive maintenance is expected to offer lucrative opportunities through capturing of sensor data, facilitating communications, and delivering projections to the players operating in the industrial sensors market in the coming years. Therefore, the market share of industrial sensors in the industrial automation market in the Middle East & Africa in 2020 was valued at USD 1.2 billion, which is higher as compared to the market share of other components and is projected to reach USD 2.1 billion by 2026.

"Market for Pam is Expected to Grow at Highest CAGR from 2021 to 2026 in the Middle East & Africa"

The PAM segment is projected to register the highest growth rate from 2021 to 2026. Plant asset management (PAM) is a software that utilizes the intelligence embedded in industrial assets to accurately measure and provide information about condition of the assets in a plant. PAM is increasingly being used by manufacturers as it improves decision-making and turn-around time by tracking manufacturing defects and thereby avoiding system failures through real-time data collection and quality management techniques. Additionally, PAM enables manufacturers to reduce downtime and resource wastages by identifying possible failures prior to production and also suggests corrective measures. Furthermore, PAM solutions are extensively being implemented in the food and beverages and automotive industries, owing to constant technical innovations and requirement of a complete data record of equipment installed. Also, the increasing demand for PAM technology can be attributed to the advantages of reduction of costs of manufacturing and enhancing operations of high-performance production assets offered by them. Therefore, it is projected that the PAM segment would witness the highest CAGR of 9.5% during the forecast period.

Browsein-depth TOC on"Industrial Automation Market in Europe and MEA Market"189 Tables62 Figures302 Pages

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"Saudi Arabia is Expected to Hold Largest Size of Industrial Automation Market in the Middle East & Africa During Forecast Period"

Saudi Arabia is projected to account for the largest size of the industrial automation market in the Middle East & Africa from 2021 to 2026. Saudi Arabia is witnessing significant growth in the manufacturing sector, owing to the increased implementation of several IoT-related software and services, which are constantly driving the country to become a globally recognized technology-driven industry. Along with the manufacturing sector, the food processing industry in the country is well established to deliver significant growth in the forthcoming years. Additionally, the automotive industry in Saudi, being one of the largest in the Middle East, has been relatively stable, with a number of companies registering positive results. Furthermore, the has been actively curating plans and undertaking measures to uplift domestic manufacturing in the country and reduce economic dependency on the oil and gas sector by adopting advanced technology. Owing to all these factors, the market share of Saudi Arabia, which was valued at USD 1.9 billion in 2020, is higher as compared to other countries in the industrial automation market in the Middle East and Africa and is projected to reach USD 2.7 billion by 2026.

ABB (Switzerland), Emerson Electric Co. (US), FANUC (Japan), General Electric (US), Honeywell International (US), Mitsubishi Electric (Japan), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), and Yokogawa Electric (Japan) are a few major players in Industrial Automation Market in Europe, Middle East & Africa.

Related Reports:

Industrial Control & Factory Automation Market by Solution (SCADA, PLC, DCS, MES, Industrial Safety, PAM), Component (Industrial Robots, Industrial 3D Printing, Process Analyzer, Machine Vision, HMI), Industry, Region - Global Forecast to 2026

System Integrator Market for Industrial Automationwith COVID-19 Impact Analysis by Service Outlook, Technology (HMI, SCADA, MES, IIoT, PAM, DCS, PLC, Machine Vision, Industrial Robotics, Industrial PC), Industry, and Geography - 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 60062 USA: +1-888-600-6441 Email: [emailprotected] Research Insight: https://www.marketsandmarkets.com/ResearchInsight/industrial-automation-market.aspVisit Our Web Site: https://www.marketsandmarkets.comContent Source: https://www.marketsandmarkets.com/PressReleases/industrial-automation.asp

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Industrial Automation Market in Europe and MEA worth $51.4 billion by 2026 - Exclusive Report by MarketsandMarkets - PRNewswire

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The airSlate Academy presents its free webinar on no-code workflow automation for healthcare – Healthcare Dive

Posted: at 1:54 am

BROOKLINE, Mass.

The airSlate Academy, an online education hub for digital transformation that offers free courses and certification programs in no-code workflow automation for non-technical professionals, announces its free webinar dedicated to Healthcare workflow automation.

The webinar will take place on December 9, at 12:00 PM (EST) with two airSlate automation experts as speakers: Colin Tauber, Customer Solutions Director, and Christian Parkourana, Senior Solutions Architect.

This webinar will focus on the key benefits of workflow automation for medical organizations, healthcare workers, and patients. The speakers will provide the audience with comprehensive information, including practical use cases on how to streamline their healthcare workflows by eliminating paperwork and automating manual tasks to reduce hassle and dedicate more time to patients.

As an airSlate customer, T2 Biosystems (an emerging leader in the eld of in-vitro diagnostics) managed to solve their key workflow challenges without having to implement multiple solutions.

The flexibility of airSlate allowed us to design a workflow that works for us. The automation built into airSlate helped us remove many manual steps in our old process. Anthony Matero, Operations at T2 Biosystems

The webinars agenda covers:

Learning takeaways:

Save your spot

###

airSlate is a global SaaS technology company that serves tens of millions of innovators worldwide with its electronic signature, document management, and no-code workflow automation solutions. The company's portfolio of award-winning products, signNow, pdfFiller, airSlate, and US Legal Forms empowers teams to create, innovate, and automate to digitally transform their organizations to run faster and easier.

The airSlate Academy offers free online training and certification programs for those looking to learn the ins and outs of no-code workflow automation. The in-demand skills you acquire at the airSlate Academy will help you advance your career, get a new job, and apply automation to improve operations at any organization.

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The airSlate Academy presents its free webinar on no-code workflow automation for healthcare - Healthcare Dive

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Building Automation and Control Systems Market Analysis Report Evaluation and Share by Forecast To 2031 – Taiwan News

Posted: at 1:53 am

The latest figures from the worldwide Building Automation and Control Systems marketare now available on Market.us Reports. The report identifies growth opportunities and challenges. Restraints and opportunity analysis is a tool used in assessing the potential for new products and services. This helps companies to identify and predict opportunities in the market. It provides information about essential processes for markets such as top participants, As Building Automation and Control Systems market size is still not enough to estimate the precise dollar estimates, changes in consumer behavioral patterns have impacted its growth for now and It will be necessary to gain an in-depth analysis of the market by looking at other features. Additionally, the report is a compilation of both qualitative and quantitative assessments by industry experts in their field as well as representatives from multiple industries across up-and-down the supply chain.

Expected Growth: The global Building Automation and Control Systems market size will grow at a compound annual growth rate of $$.$% over the period (2018-2028). The report is about what else researchers found from the detailed information, and also provides data regarding the current market condition. The report covers types and applications according to countries and key regions The companies most active in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Figure:

Specific manufacturing

ABBHoneywell Building SolutionsSiemens Building TechSchneider Systemsand ServicesJohnson Controls Building EfficiencyLegrand SAUnited TechnologiesKMC ControlsDistech ControlsCrestron ElectronicsIngersoll-Rand PLCHubbellRobert Bosch GmbHBuilding

Note: Along with the indirect influence of associated industries, We are regularly tracking direct effect COVID-19 (Update #Omicron mutations analysis) has on the market. The observations will be included in the report.

Building Automation and Control Systems Study should be approached:

1. A competitor can use a product heat map to analyze their products weaknesses and strengths.

2. Revenue Analysis (Historical & Forecast) for all segments and geography

3. Market opportunities can be seen on the Opportunity Map.

4. Companys SWOT Analysis, Porters Five Forces Analysis and PEST Analysis

5. Drivers [Business industry has seen a huge growth in recent years], Restraints and Opportunity Analysis

6. Market Forecast: Talk about the growth of the new Building Automation and Control Systems market over the next 10 years.

Ask our expert for customization and feasibility@https://market.us/report/building-automation-control-systems-market/#inquiry

Market segmentation:

The article will outline the different types of Building Automation and Control Systems market.

Types of Building Automation and Control Systems: Different types of Building Automation and Control Systems market.

LightingSecurity and AccessHVACEntertainmentOutdoor ControlsElevator ControlsBMS

Common uses for Building Automation and Control Systems Market: The range of applications for which these Building Automation and Control Systems are used.

Industrial BuildingCommercial BuildingResidential Building

The geographic regions in this report are segmented into several key areas for production, consumption, revenue (million USD), and market share. The Building Automation and Control Systems growth for this region between 2021 and 2031 (prevision), will be covered

North America (U.S. & Canada)

Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)

Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)

Latin America (Brazil, Mexico)

Middle East & Africa

The article covers the following points:

1. The Building Automation and Control Systems markets value is analyzed according to the key region

2. To analyze the market for trends, future expansion and their stake in the entire sector.

3. (2015-2020) Historic data analysis and forecast period analysis (2022-2031) are the information covered by reports.

4. The report is full of information on the region, major players there now and what has changed recently. Its also about different types of products,

applications, and other background information.

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Frequently Asked Questions (FAQs)

What are the opportunities for a Building Automation and Control Systems market to grow?

How fast is the Building Automation and Control Systemsmarket growing?

Which regional market will be a pioneer in the next few years?

In the years to come what growth opportunities might arise in the Building Automation and Control Systems industry?

What challenges could the Building Automation and Control Systems market face in its future?

What are the leading companies on the Building Automation and Control Systems market?

What are the main factors that contribute to rapid growth?

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Automation needed to navigate new normal – FreightWaves

Posted: December 10, 2021 at 6:48 pm

By Keith Beckman, SVP of Strategy and Business Development, Shipper Services at TriumphPay

Its true, youre only as strong as your weakest link. Even the smallest inefficiencies can profoundly disrupt shipments, which sets off ripple effects that ultimately reach the end consumer, the most visible part of the supply chain.

It goes without saying that logistics issues have dominated headlines across mainstream news outlets as of late. As bottlenecks continue to stretch thin shippers abilities to keep pace with elevated demand amid capacity constraints, the last thing shippers need is for back-office issues to arise.

However, this is unfortunately the case for many shippers that continue to handle carrier payments and other tedious tasks manually, leaving many with lost time, revenue and patience.

Whats more, the rise of e-commerce shopping coupled with an increased demand for final-mile services has unceremoniously introduced a new era of supply chain management, thus raising expectations for faster delivery while providing even less room for error.

So how can you realistically do more with less? The answer to this question is that you cant, and you shouldnt be expected to either. The only way to find success in this environment is to do more by doing less.

Shippers have done just that. Theyre no longer spinning their wheels and are now gaining traction while leaving the back-office kinks to the experts.

The payment discrepancies that constantly constrain post-load activities can be eliminated with a trusted partner in supply chain finance. TriumphPay takes the friction out of carrier payments through automation, making auditing processes more efficient for brokerages and factoring companies.

Automation has become the key ingredient to success in this industry, but many see this breakthrough as reserved only for the most innovative shippers and brokers. Its true that automation has already been adopted by industry leaders, but TriumphPay is for everyone.

In fact, TriumphPay has processed over 450,000 payments for carriers in the past year alone and processed more than $17 billion in annualized brokered freight payments. Our efficient payment experience has TriumphPays partners finding it easier to remain shippers of choice among their carrier clients. This is because automation provides shippers the freedom to focus solely on profitability and ways to strengthen carrier relationships instead of wasting away in the weeds of the back office.

It simply comes down to finding the right technology partner to process your payments and back-office transactions. With TriumphPay, our technology becomes an extension of your company, equipping your workforce to take on new challenges without feeling overwhelmed or worried about falling behind on payments.

Back-office automation is undeniably the way of the future and signifies the natural progression of whats to come for the trucking industry. With that being said, why waste any more time processing paperwork in an increasingly paperless world?

More from TriumphPay:

No better time than now to adopt new technologies

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Automation needed to navigate new normal - FreightWaves

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Industrial automation innovation among automotive industry companies has dropped off in the last year – just-auto.com

Posted: at 6:48 pm

Credit: asharkyu/shutterstock

Research and innovation in industrial automation in the automotive manufacturing and supply sector has declined in the last year.

The most recent figures show that the number of industrial automation patent applications in the industry stood at 609 in the three months ending October down from 1,193 over the same period last year.

Figures for patent grants related to industrial automation followed a different pattern to filings growing from 1,020 in the three months ending October last year to 1,078 this year.

The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.

Industrial automation is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.

The figures also provide an insight into the largest innovators in the sector.

Toyota Motor Corp was the top industrial automation innovator in the automotive manufacturing and supply sector in the last quarter. The company, which has its headquarters in Japan, filed 141 industrial automation related patents in the three months ending October. That was down from 279 over the same period last year.

It was followed by the United States based Ford Motor Co with 47 industrial automation patent applications, France based Valeo SA (47 applications), and Germany based Continental AG (45 applications).

Tata Motors Ltd has recently ramped up R&D in industrial automation. It saw growth of 41.7% in related patent applications in the three months ending October compared to the same period last year - the highest percentage growth out of all companies tracked with more than 10 quarterly patents in the automotive manufacturing and supply sector.

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Industrial automation innovation among automotive industry companies has dropped off in the last year - just-auto.com

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AI Strategies of UiPath: Creating a Path for Enterprise Software with Automation – Analytics Insight

Posted: at 6:48 pm

AI strategies of UiPath are helping to build robust robots with artificial intelligence and RPA

UiPath is leading the robotics field with the integration of artificial intelligence and robotics in Industry 4.0. It automates more processes by bringing AI into RPA. AI strategies of UiPath are helping to gain more popularity in the global tech market efficiently and effectively. AI in UiPath allows to scientifically discover automation opportunities as well as improve robots with AI models. Thus, lets explore how the AI strategies of UiPath help in building robust robots for multiple industries.

UiPath is focused on making software robots that help to automate end-to-end with the UiPath platform. This platform enables the discovery of every automation opportunity with complete transparency as well as control while automating more processes with great speed and ready-to-go templates. AI in UiPath acts as a guide to tap powerful integrated capabilities throughout the entire automation lifecycle.

AI models generate meaningful artificial intelligence-based in-depth insights into business processes with process mining and task mining. The task capture tends to automatically document work as employees or people perform it. One of the AI strategies of UiPath provides crowd-source and collects documentation for automation ideas through Automation Hub.

AI in UiPath lets to keep the digital workforce in the cloud or on-premises while managing and scaling artificial intelligence to drive higher revenue with AI centre. It also brings powerful no-code data modelling and storage for the automation with data services. Leveraging test manager will help to manage powerful automated testing of robots and applications efficiently and effectively.

There are different types of robots for different processes in a business attended robots, unattended robots, as well as hybrid robots. Multiple products are included in the AI strategies of UiPath such as UiPath Assistant, UiPath Apps, UiPath Insights, automation ops, and chatbots with artificial intelligence. UiPath has recently reported that the revenue has skyrocketed in Q3 2021 to US$220.8 million with a 50% year-over-year increase. This robotic automation platform has nabbed US$750 million in Series F automation funding from Alkeon Capital, Coatue, and many more reputed investors at the beginning of 2021.

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AI Strategies of UiPath: Creating a Path for Enterprise Software with Automation - Analytics Insight

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Automation Rapidly Embraced by Businesses Struggling to Find Workers – News @ Northeastern – Northeastern University

Posted: at 6:48 pm

Now is a good time for U.S. workers. They are operating from a position of strength as an ongoing labor shortage creates greater demand and incentivizes higher wages for their services.

But those gains are temporary, warns Nada Sanders, distinguished professor of supply chain management at Northeastern.

The unmet demand and rising costs for skilled labor are convincing employers to automate their businesses at an accelerated ratewhich will result in fewer job opportunities for many of the workers who appear to be doing so well today.

There is critical demand for workers across every sectorfrom hospitality to restaurants to nursing to truck drivers, you name it, says Sanders. But that leverage is going to rapidly shrink and go away.

This is a red alert for workers who need to understand that many of their jobs are going to be pushed out by technology, Sanders says. And once they go, theyre not coming back.

Nada Sanders, distinguished professor of supply chain management at Northeastern. Photo by Adam Glanzman/Northeastern University

The momentary labor shortage is driven in part by The Great Resignation that has been spurred by the millions of American workers who have quit jobs during the COVID-19 pandemic. Supply-chain shortages and other business interruptions related to the pandemic are also contributing to the dramatic shift toward automation by U.S. companies, says Sanders.

In autumn 2019, before COVID hit, I was talking to companies about their hesitation to go digital because of the amount of money it would cost, Sanders says. But we are in a different era now. Were two years into this pandemic, and these companies are smart. Theyre saying theyre not going to be caught with their pants down again. Of the companies Ive talked to, theyre all investing a significant increase5% to 10% of revenuesin automation.

A World Economic Forum survey of close to 300 companies around the world last year found that 43% envisioned cutting back on workers in favor of new technology.

The prices used to be astronomical, but the technology is now more commonplace and its actually affordable for small businesses, Sanders says of the drive to automation. Businesses are aware that if they make this investment, theyre not having to pay for benefits, Social Security, healthcare, and [in terms of automated systems] theyre not worrying about COVID and the variants that are coming.

The development shows some obvious signs, says Tucker Marion, a Northeastern associate professor of technological entrepreneurship, who notes how national retailers, including CVS, and restaurants such as McDonalds, have been replacing cashiers with self-service kiosks. Thats just the beginning.

You have those jobs that can be replaced by automation, which is reliable and doesnt require a lot of technicians to maintain it, Marion says. Youll see that in grocery stores, warehouses, restaurants. Workers need to think about what skills theyre going to develop for the workplace.

Northeastern associate professor of technological entrepreneurship Tucker Marion. Photo by Adam Glanzman/Northeastern University

Employers want workers who can provide specific skills that werent in demand a few years ago. Thats why Amazon is offering free tuition to employees, says Sanders, in addition to educational programs for employees on data center maintenance and technology, IT, and user experience and research design.

Its also why the Roux Institute at Northeastern was launched in 2019: To train high-tech workers capable of sparking a digital renaissance in Maine, a state that was struggling to train workers who could grow and maintain cutting-edge industries.

When job offers are made, it is reasonable to ask, Is it possible to get reskilling, training, tuition, or something along those lines as part of the compensation package? says Sanders. If I were a worker, in my job negotiation, I would want a chance to reskill and upskill so that I am ready for this new age that is absolutely coming, and its coming very fast.

Sanders notes that a variety of innovations are already changing the U.S. workplace, including:

Sanders and Marion recall the message of Robot-Proof: Higher Education in the Age of Artificial Intelligence, in which Northeastern President Joseph E. Aoun proposed ways to educate future generations to thrive in the automated economy. People should invest in areas of perception and creativitystrengths that machines cant yet match, notes Marion.

What are the jobs of the future?

It is a challenging question, Marion says. For the foreseeable future, there will be a need for highly technical backgrounds and skillsmaterials science, computer science, engineering, analytics, physics, medicine, biomedicalwhere we are combining different fields together. Interdisciplinary technical skills will be extremely valuable because technology is going to change, and being able to have combinations of skills in different technical fields is very important.

The embrace of automated systems by businesses is a movement that transcends the current supply chain shortages, says Sanders.

I really see this as a community serviceweve got to get the word out to workers, says Sanders. What you dont want is to be caught in a situation where, in a year or two, this job is no longer there, and you no longer have the leverage, and you do not have the skill-set to compete in the new job market.

For media inquiries, please contact Ed Gavaghan at e.gavaghan@northeastern.edu or 617-373-5718.

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Automation Testing Market worth $49.9 billion by 2026 – Exclusive Report by MarketsandMarkets – Yahoo Finance

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CHICAGO, Dec. 10, 2021 /PRNewswire/ -- According to a research report "Automation Testing Market by Component (Testing Types (Static Testing and Dynamic Testing) and Services), Endpoint Interface (Mobile, Web, Desktop, and Embedded Software), Organization Size, Vertical, and Region - Global Forecast to 2026", published by MarketsandMarkets, the Automation Testing Market size is expected to grow USD 20.7 billion in 2021 to USD 49.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period. The Automation Testing Market is growing due to the rapid adoption of advanced technologies.

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Browse in-depth TOC on "Automation Testing Market"485 Tables 47 Figures 354 Pages

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Implementation services segment to grow at the highest CAGR during the forecast period

Implementation services facilitate the integration of automation into the existing software testing infrastructure. Interoperability issues are a major concern in deploying platforms with automation testing solutions. Hence, integrating the solutions with various hardware components and testing the functioning of the entire system is of the utmost importance for the successful execution of automation testing solutions. These services bring together several communication standards, diverse services, and device and data management tools to build automation testing solutions for organizations. Furthermore, these services begin with collecting customers' requirements and then deploying, integrating, testing, and rolling out the solutions. These services enable organizations to integrate their operational and enterprise environment to provide a transparent testing experience ultimately.

Mobile Endpoint Interface segment is expected to grow at a higher CAGR during the forecast period

Mobile automation testing is an important segment in this fast-moving world. When the development team becomes acquainted, they can work fleetly, and there is no possibility that the existing features will change. Even with the best manual testing processes and test engineers, it is considered that no company can set up and afford the framework for testing mobile applications. Repeating the tests manually is costly and time-consuming, whereas, in the case of test automation, time and cost are both saved as the tests performed are spontaneous according to the framework

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Asia Pacific (APAC) region to record the highest growing region in the Automation Testing Market

APAC is the most promising region as it has major economies, such as Australia, Japan, Singapore, China, New Zealand, and Hong Kong, which offer significant growth opportunities for automation testing vendors. The region is expected to grow at the highest CAGR during the forecast period. This region comprises major economies like India, and China which has a very large customer base. The governments are taking initiatives for rapid adoption of new technologies like AI and ML, automation, IoT, mobile and web-based applications, cloud-based services, and other technologies.

Key and innovative vendors in the Automation Testing Market are Accenture (Ireland), AFour Technologies (US), Applitools (US), Astegic (US), Broadcom (US), Capgemini (France), Cigniti Technologies (India), Codoid (India), Cygnet Infotech (India), froglogic (Germany), IBM (US), Infostrecth (US), Invensis (India), Keysight Technologies (US), Micro Focus (UK), Microsoft (US), Mobisoft Infotech (US), Parasoft (US), ProdPerfect (US), QA Mentor (US), QA Source (US), QualityKiosk Technologies (India), Ranorex (Austria), Sauce Labs (US), Smartbear Software (US), Testim.io (US), Thinksys (US), Tricentis (US), Worksoft (US).

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