Smart Machines Market to Witness Quick Rise during forecast period

Narrative Science Inc., a company that offers analytical solutions uses its virtual assistant Quill, which is programed using natural language processing …

Persistence Market Research (PMR) delivers key insights on the global smart machines market in its upcoming report titled, “Smart Machines Market: Global Industry Analysis and Forecast, 2016-2024”. In terms of value, the global smart machines market is projected to register a healthy CAGR of 18.8% during the forecast period. This is attributed to various factors, regarding which PMR offers vital insights in detail.

On the basis of a component, the global smart machines market has been segmented into hardware, software, and service. Demand for smart machines is enhanced by increasing need to process and analyze big unstructured data among different sectors such as manufacturing, healthcare, aerospace, and defense. On the basis of machine type, the global smart machines market has been segmented into robots, autonomous cars, drones, wearable electronics and others.

On the basis of technology, the global smart machines market has been segmented into cloud computing, big data, internet of everything (IoE), robotics, cognitive technology and effective technology. Affective technology segment is expected to expand with a substantial CAGR over the forecast period. Various enterprises working on cognitive computing are facing glitches and errors in technology. This, in turn, is encouraging adoption of affective computing. Cognitive computing technology enables emotions linking to a robot, assisting the robot in making rational decisions and performing more complex tasks.

Smart machines are deployed to enhance networked resources and implement distributed intelligence in manufacturing industries. Integration of devices provides more accessibility. Smart machines can be easily connected to a broader network of connected devices, enabling users to share data on numerous devices. This ensures users to connect/access their devices from anywhere and anytime. This is expected to fuel demand for smart machines in various industries. The market in Australia is expected to witness substantial growth in adoption rates of smart machines over the next five years. Autonomous robots are expected to find applications in agriculture and commercial sectors to overcome the lack of labor in the country. Australia-based companies have also been investing significantly in advanced technologies such as IoT.

Smart machines are programmed to make intelligent decisions in a time efficient manner. They are built to learn from their interactions and their precision increases over time. Hence, new developments in operational intelligence are encouraging companies to adopt systems that are smarter and efficient. Narrative Science Inc., a company that offers analytical solutions uses its virtual assistant Quill, which is programed using natural language processing to provide relevant solutions.

This report covers trends driving each segment and offers analysis and insights of the potential of the smart machines market in specific regions. The markets in Europe, North America, and Asia Pacific are expected to register high growth rates between 2016 and 2024. MEA is a small but significant market for smart machines as governments in the Middle East countries are investing in this sector to digitize government services. The market in Europe is expected to gain substantial market share in terms of revenue. This is attributed to increasing demand for smart machines from the automobile and manufacturing industries in countries such as Germany and France. The APAC accounted for the highest market share in 2015 and is expected to gain 232 BPS by an end of 2024.

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Key players in the global smart machines market include Apple Inc., Google Inc., Microsoft Corporation, BAE Systems, Creative Virtual Ltd., Digital Reasoning Systems, Inc., IBM Corporation, Narrative Science Inc., Rethink Robotics, ABB Limited, Rockwell Automation, Inc., and General Electric Co. others.

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Global ZigBee Home Automation Market 2019 Analysis By Manufactures: Telegesis, Maven …

This report analyzes the Global ZigBee Home Automation market size (production, value, capacity and consumption) in key regions like North America …

This report analyzes the Global ZigBee Home Automation market size (production, value, capacity and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.

This study report categorizes the worldwide ZigBee Home Automation breakdown data by leading manufacturers, key region, product type and application, also researches the market share, market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, distributors, sales channels and Porter’s Five Forces Analysis.

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Global ZigBee Home Automation market size expected to reach xx Million USD by 2025, from xx Million USD in 2017, at a CAGR of xx% during the forecast period (2018-2025). In this study report, 2017 has been considered as the base year, 2018 as the Estimated Year, (2013-2017) as the History Year and 2018 to 2025 as the forecast period to estimate the market size for ZigBee Home Automation.

This analysis report mainly focuses on the top manufacturers ZigBee Home Automation production, value, price, capacity, and market share of ZigBee Home Automation in the global market. The following manufacturers are covered in this report:

Telegesis, Maven, Philips, Atmel, Digi, Silicon Laboratories, HDI Dune, Renesas, Global Cache, STMicroelectronics, BuLogics, GreenPeak, NXP Semiconductors

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ZigBee Home Automation Breakdown Data by Type

Single-chip Solutions, 1Transceivers, Modules, Microcontrollers, Other

ZigBee Home Automation Breakdown Data by Application

Energy Monitoring, 3G/LTE Network, HVAC Controls, Security& Surveliance, Home Controls

ZigBee Home Automation Production Breakdown Data by Region

United States

Europe

China

Japan

Other Regions

ZigBee Home Automation Consumption Breakdown Data by Region

North America (United States, Canada, Mexico)

Asia-Pacific (India, China, Japan, South Korea, Australia, Malaysia, Indonesia, Philippines, Vietnam, and Thailand)

Central & South America (Argentina, Brazil, Chile, Rest of South America)

Europe (Italy, UK, France, Russia, Germany, and Rest of Europe)

Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of the Middle East & Africa)

The report offers the following study objectives:

To research and analyze the worldwide ZigBee Home Automation production, value, capacity, consumption, market status and forecast.

To focuses mainly on the global major ZigBee Home Automation manufacturers and study the production, value, capacity, market share and development plans in the next few years.

To describe, analyze and define the market competition landscape, SWOT analysis.

To characterize, describe and forecast the market by type, application and key region.

To study the worldwide and key regions market advantage and potential, challenge and opportunity, risks and restraints.

To recognize important trends and factors driving or inhibiting the market development.

To inspect the opportunities in the market for stakeholders by recognizing the high growth segments.

To strategically investigate each sub-market regarding individual growth trend and their contribution to the market.

To break down competitive advancements such as agreements, new product launches, expansions, and acquisitions in the market.

To deliberately profile the key players and extensively examines their growth strategies.

Table of Contents :

Global ZigBee Home Automation Sales Market Report 2018 Mainly Covers Following Chapters:

1. ZigBee Home Automation Overview(Product Overview, Scope and Classification of ZigBee Home Automation), Type and Application of ZigBee Home Automation, ZigBee Home Automation Market by Regions;

2. Global ZigBee Home Automation Competition by Manufacturers, Type, and Application with (Sales and Market Share, Revenue and Share, Volume and Value) by Manufacturers, by Type, by Regions and by Application;

3. United States ZigBee Home Automation (Volume, Value and Sales Price, Revenue and Growth Rate) by Manufacturers, Type, Application (2011-2018);

4. China ZigBee Home Automation (Volume, Value and Sales Price, Revenue and Growth Rate) by Manufacturers, Type, Application (2011-2018);

5. Europe ZigBee Home Automation (Volume, Value and Sales Price, Revenue and Growth Rate) by Manufacturers, Type, Application (2011-2018);

6. Japan ZigBee Home Automation (Volume, Value and Sales Price, Revenue and Growth Rate) by Manufacturers, Type, Application (2011-2018);

7. Global ZigBee Home Automation Manufacturers Analysis(Company Basic Information, Manufacturing Base and Competitors, Product Type, Application and Specification), ZigBee Home Automation Sales, Revenue, Price and Gross Margin (2011-2018), Main Business/Business Overview;

8. ZigBee Home Automation Manufacturing Cost Analysis, Key Raw Materials Analysis(Key Raw Materials, Price Trend of Key Raw Materials, Key Suppliers of Raw Materials, Market Concentration Rate of Raw Materials), Proportion of Manufacturing Cost Structure(Labour Cost, Raw Materials, Manufacturing Process Analysis of ZigBee Home Automation);

9. Industrial Chain Analysis, Upstream Raw Materials Sourcing, Sourcing Strategy and Downstream Buyers;

10. Marketing Strategy Analysis, Distributors/Traders with Marketing Channel(Direct Marketing, Indirect Marketing, Marketing Channel Development Trend), Market Positioning(Pricing Strategy, Brand Strategy, Target Client), Distributors/Traders List;

11. Market Effect Factors Analysis (Technology Progress/Risk, Substitutes Threat, Technology Progress in Related Industry), Consumer Needs/Customer Preference Change, Economic/Political Environmental Change;

12. Global ZigBee Home Automation Market Sales, Revenue Forecast (2018-2021) by Regions, by Type, by Application;

13. Appendix, Disclosure Section, Research Methodology, Data Source, Disclaimer.

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Smart Floor Cleaner Co. Expands into Autonomous Delivery

Looking to add more brain power to your business? There’s actually a company out there called Brain Corp., and it wants to help commercial and …

Looking to add more brain power to your business?

There’s actually a company out there called Brain Corp., and it wants to help commercial and industrial companies bring more automated intelligence to their businesses.

Brain’s intention is to transform everyday machines into autonomous solutions and currently offers software that’s used in robotic floor cleaners. BrainOS means floor cleaners no longer need to be manned, and they can safely navigate complex environments without endangering your human employees. Walmart actually rolled out 360 of them in its stores last year.

But the integrator has also announced a new venture – a proof-of-concept robot capable of towing carts in factories and warehouses.

According to Forbes, the smart tugger should be available early next year and, despite its entry into this crowded market, Brain Corp. believes it has a clear advantage over its competitors: through its work with floor cleaning, Brain has enhanced its ability to operate the carts in tight environments and around people. It intends to go after markets with people-dense landscapes, like shopping centers, airports, and warehouses.

The company had intended to stay focused on the floor cleaning systems for the next several years and had developed partnerships with major scrubber manufacturers like Tennant and Nilfisk. Instead, a $114 million funding round in 2017 – led mostly by Softbank, the conglomerate well known for its tech spending – has allowed Brain Corp. to accelerate R&D in other areas.

And it’s likely this isn’t the last we’ll see from Brain Corp. The company is helmed by Russian computational neuroscientist Eugene Izhikevich, who ditched the world of academia to put his skills towards something tangible, telling Forbes, “I understood a lot about real brains. I wanted to build something.”

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Artificial intelligence may take your job, so political leaders need to start doing theirs

Despite this uncertainty about the exact number of human jobs that will disappear, it is certain the impacts of automation driven by artificial intelligence …

Over the next decade up to 40% of jobs could be replaced by automation. That’s according to a forecast from the Committee for the Economic Development of Australia.

Risk of job automation by country. In New Zealand, for instance,the median worker has 39% chance of their job being automated.OECD Social, Employment and Migration Working Paper No. 202

Other estimates are less dire. A report from the Organisation for Economic Cooperation and Development says only 14% of jobs across its member nations are “highly automatable”, though another 32% are likely to change significantly.

Despite this uncertainty about the exact number of human jobs that will disappear, it is certain the impacts of automation driven by artificial intelligence (AI) are potentially profound.

If the new jobs that emerge as a result are fewer and less rewarding than those lost, we face a period of social dislocation.

Yet there is little evidence of any strategic planning and forward thinking by Australia’s federal and state governments to minimise the potential downside. The recent federal budget, for example, was silent on this issue.

It is analogous to the lack of a strategic plan on climate change.


Read more: Your questions answered on artificial intelligence


Our concern about the policy vacuum is based on an extensive search on government websites, the media and budget speeches, which disturbingly yielded very little.

We think AI should be an election issue, because there is virtually no job that won’t be affected by AI-driven automation. Being ready for this technological and social revolution should be at the heart of any government’s economic and educational reform agenda.

Workers that never rest

The activities at which AI is expected to outperform humans by 2030 include translating languages, writing high-school essays and driving trucks. By mid-century it is expected AI could be capable of writing a bestselling books or performing surgery.

Researchers believe there is a 50% chance AI will outperform humans in all tasks in 45 years and that almost all current human jobs can be automated in 120 years.

Robotic farmhands in agriculture.www.shutterstock.com

The World Economic Forum may argue that AI and automation “is about empowering people, not the rise of the machines” but there are good reasons to think some people will lose out.


Read more: Careful how you treat today’s AI: it might take revenge in the future


Machines have many attractions to employers. They do not need rest, holidays or take sick leave. They will never complain about overtime or join a union.

A report published last month by management consultancy McKinsey Australia suggests, if proactive measures are not taken, the unemployment rate could increase by 2.5 percentage points, based on up to 46% of jobs being automated by 2030.


The industries likely to experience the greatest disruption are retail, administration and government, health and social assistance, construction, manufacturing, and accommodation and food services.Australia Statistics, McKinsey Global Institute (MGI), ONED, BLS, Oxford Economics

Inequality will also increase, the report says. To what extent depends on “how much Australia steps up its efforts to retrain and redeploy its surplus service, administrative and manual workers”. Without large-scale retraining, Australia’s Gini coefficient (the standard measure of income inequality) could increase from 0.32 to 0.41.

Questions for policymakers

The stakes are high. Employment is so much more than just an income. A decent job provides purpose and dignity. It enables security, health and well-being. Joblessness hurts the individual, families and the wider community. If fewer people have work, and more people get paid less, the federal government will have to contend with falling income-tax revenue and rising welfare spending.

With intensifying global competition and rapid technological change, all governments need to be strategic. They need long-term policies to help business and workers gain the knowledge, skills and abilities needed to seize the opportunities and mitigate the threats.


Read more: Artificial intelligence can now emulate human behaviors – soon it will be dangerously good


There are three key questions for policy makers:

  • To what extent will AI-driven automation increase unemployment and underemployment?

  • How can governments and employers take advantage of AI and create the jobs of the future?

  • How can government, employers and educators equip employees and graduates with the skills to have jobs alongside robots, instead of competing with them?

The growth in AI and machine learning need not pose a threat to jobs and our standard of living, but without a strategic and shared effort, we will repeat the mistakes of previous technological revolutions, which imposed a terrible price on some in the name of progress.


The authors of this article are working towards a book, The Fourth Industrial Revolution: Implications for Managers in the Asia Pacific, due to be published in September. It will include chapters from colleagues in Taiwan, China, India, Mauritius, Singapore, Indonesia, Thailand and Malaysia. For the Australian chapter we need more information from leaders and managers in industry about the impact of AI and the preparation and planning that is, or is not, occurring. We invite you to complete a short survey as part of this study. You can do so confidentially here.

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As Per New Report on Global Robotic Process Automation Market Will Touch a New Level in …

As Per New Report on Global Robotic Process Automation Market Will Touch a New Level in Upcoming Years | Blue Prism Group, WorkFusion, …

An Robotic Process Automation is a technology where robots are the software tools that automate business process delivery. This software facilitates improvised data security, business efficiency, and effectiveness by impersonating human activities and automating routine processes across varied business functions without hampering the on-going system and infrastructure. Robotic Process Automation software comprises of a variety of components and tools for capturing digital data, which further includes digital image recognition, screen scraping. It might also consider a potential to be linked or attain an access to the server or a website.

In addition, this software also uses some of the functions that are similar business process management tools like rule engine. Robotic Process Automation software is particularly useful for organizations that have many different, complicated systems that are required to interact together effortlessly.

Global Robotic Process Automation Market is expected to grow from US$ 198.4 million in 2017 to US$ 6869.6 million by 2025 at a CAGR of 55.5% between 2018 and 2025.

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The global market for Robotic Process Automation market exhibit high growth in near future. Some of the major driving factors contributing to the market growth are increased opportunities arising at the early stage within the BPO & shared services, cost benefits offered by Robotic Process Automation, and rapid product innovation by the technology providers. However, lack of impactful potential for SMBs and frequent alterations in operating procedures and business rules impacting the Robotic Process Automation efficiency. These are some of restraining factors behind the slow growth of Robotic Process Automation market during the forecast period.

Leading Robotic Process Automation market players are Blue Prism Group Plc., WorkFusion, UiPath, Thoughtonomy Ltd., NICE Ltd., Automation Anywhere Inc., Softomotive, Pegasystems Inc., Redwood Software, and Kryon Systems among others.

Global Robotic Process Automation market has been categorized into two major segments including software and service. Service is further bi-furcated by training and professional services. Some of the professional services included in the report are consulting, system integration and support & maintenance. The rapid growth incidences of the companies have legitimated Robotic Process Automation as an invention with a potential to transform all the industries virtually at a scale.

The market at the moment is facing significant traction of scalable Robotic Process Automation software organizations that have a broad array of applications to offer and caters to potential clients across various sectors. This trend is valuable contributing towards the growth of Robotic Process Automation software for the coming years.

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The global Robotic Process Automation market for the verticals is fragmented into BFSI, Telecommunications, retail, healthcare, transportation & logistics and others. The segmentation is based upon the need for Robotic Process Automation to improve back end and front end business processes. Telecommunications and BFSI cumulatively in the Robotic Process Automation market have acquired the biggest share of almost one-fourth in 2017, followed by Transportation & logistics and healthcare. Telecommunications, particularly the BPOs are the early adopters of Robotic Process Automation.

The increase in the demand for the global network the telecom industry is facing many challenges in providing the advanced services to its customers. The issues faced by various companies are handling huge data, developing new and advanced services, controlling cost, and focusing on business efficiency; which may hinder the company’s operation, profitability, and focus on the customer.

Report Highlights:

– The report provides a detailed analysis on current and future market trends to identify the investment opportunities

– Market forecasts till 2025, using estimated market values as the base numbers

– Key market trends across the business segments, Regions and Countries

– Key developments and strategies observed in the market

– Market Dynamics such as Drivers, Restraints, Opportunities and other trends

– In-depth company profiles of key players and upcoming prominent players

– Growth prospects among the emerging nations through 2025

– Market opportunities and recommendations for new investments

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Contact: Sameer Joshi

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Email: sam@theinsightpartners.com

This release was published on openPR.

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