Guidehouse Insights Report Finds Utilities Must Strategically Invest in Automation, Control, Visibility, and Resiliency Technologies

As the occurrence of natural disasters increases, grid hardening and resiliency technologies are critical to outage prevention and recovery

A new report from Guidehouse Insights discusses key grid hardening and resiliency technologies for deployment on transmission and distribution (T&D) networks.

The global electric grid is transforming from a unidimensional system of power producers and consumers into a multidimensional, cloud-enabled network. As such, it is more critical than ever for utilities and solutions providers to prioritize grid hardening and resiliency technologies. Click to tweet: According to a new report from @WeAreGHInsights, utilities must strategically invest in automation, control, visibility, and resiliency technologies.

“The frequency and scale of natural disasters increase year over year, and outages are simultaneously becoming less tolerable and more expensive to utility customers,” says Michael Hartnack, senior research analyst with Guidehouse Insights. “Increasing outages linked to natural disasters, wildfires, and other events is adding to the threat

Read More
Read More

NICE Recognized as a Robotic Process Automation Leader in Everest Group’s PEAK Matrix for Third Consecutive Year

NICE RPA receives top scores for market presence and capability and is lauded by clients appreciating continuous innovation via product vision and roadmap in the 2020 report

NICE (Nasdaq: NICE) today announced that it has been named a Leader in Everest Group’s Robotic Process Automation (RPA) PEAK Matrix® Technology Vendor Assessment 2020 report. NICE received the top score in market presence and capability for Robotic Desktop Automation/attended RPA, primarily driven by its large-scale deployments and enterprise license agreements. Click here to access a complimentary copy of the report.

NICE’s leadership positioning is the result of high scores in market impact and vision and capability as well as reference clients stating they “appreciate its product vision and roadmap, continuous innovation, flexibility of the client management team, and comprehensive features/functionalities of the platform.” The report also states “clients have indicated attended automation as its key strength and appreciate customizable callouts functionality

Read More
Read More

‘A potential game-changer’: Woolworths is trialling new automation technology in Melbourne to speed up the fulfilment of online orders

  • Woolworths has opened up a new floor at one of its Melbourne supermarkets to speed up fulfilment of online orders.
  • The shop floor, at the back of the Carrum Downs Supermarket in Melbourne, has technology that moves products from automated storage units to staff members.
  • Woolworths plans to trial this new system at more stores in New Zealand.
  • Visit Business Insider Australia’s homepage for more stories.

Woolworths has launched new automation technology at one of its supermarkets in Melbourne to address the rise in online orders.

A new e-com floor spanning 2,400 square metres opened at the back of the Carrum Downs Supermarket, which uses technology to sort and move items from automated storage units to staff members that fill out customer orders. These units are able to hold up to 10,000 grocery items, save for products like meat, fruit and vegetables that will be picked from the shopfloor.

Woolworths

Read More
Read More

COVID-19 budgets, data security, and automation are concerns of IT leaders and staff

Dueling surveys from Kaseya showed that IT department leaders share their underlings’ worries about security and productivity.

IT technician with network equipment and cables

Image: Getty Images/iStockphoto

IT infrastructure and security management company Kaseya have released a two-part report featuring insights gleaned from surveys of both IT leaders and IT practitioners. The two reports—”Technical Priorities for IT Practitioners” and “Strategic Priorities for IT Leaders”–show that members of both sides of IT departments share broad concerns on a variety of issues including data protection and security. 

The researchers behind the study spoke with 878 respondents in July 2020, more than 500 of whom were IT practitioners and 335 were IT leaders. According to the survey responses, IT leaders are more concerned with ensuring that operations are always up and running amid coronavirus-related budget shortages, while the managers and technicians working daily with technology are more focused on maintaining productivity using limited resources.

“Our 2020 IT Operations survey makes

Read More
Read More

Pizza-making robot startup Picnic raises $3M as pandemic puts spotlight on food automation

Picnic’s pizza-making robot at CES earlier this year. (GeekWire Photo / Taylor Soper)

Seattle startup Picnic raised an additional $3 million from existing investors as it gears up for a commercial rollout of its pizza-making robot.

Vulcan Capital, Flying Fish Partners, Creative Ventures, Arnold Venture Group, and others put more money behind Picnic, known for its automated food preparation device that can churn out up to 300 12-inch customized pizzas per hour. It follows a $5 million seed round in November.

The fresh cash will be used for product development, response to customer interest, new hires, and marketing. The company has seen increased demand for its machine during the pandemic from customers looking for ways to prepare food with less contact.

“This work is important because we’re supporting struggling restaurants who are looking for any advantage that will help them weather the storm of losing 60% of their sales,” CEO

Read More
Read More

FANUC Launches a New “Take Control” Virtual Event Featuring Its Latest Automation Technologies

ROCHESTER HILLS, Mich.–(BUSINESS WIRE)–Oct 2, 2020–

FANUC, the world’s leading supplier of CNCs, robotics and ROBOMACHINEs will launch its first virtual event called “ Take Control ”. The event will debut Oct. 19-22, and include three distinct zones: Knowledge, Solutions and Exploration.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201002005082/en/

FANUC will launch its first virtual event called “Take Control” Oct. 19-22, 2020. (Graphic: Business Wire)

“For manufacturers, there’s nothing like the opportunity to visit tradeshows like IMTS, Pack Expo, FABTECH and many other technology events that feature automation and robotics,” said Mike Cicco, president and CEO, FANUC America. “Since the start of the pandemic, we haven’t had the opportunity to gather together in one place to meet face to face. We invite all companies – both large and small – who are searching for ways to solve manufacturing problems to connect with us virtually. Let our

Read More
Read More

Fixed income trade automation and its use during turbulent market conditions

This meant that screen real estate for many if not all market participants has decreased and has driven them to seek new solutions in the current market conditions. These institutions have had to adapt and electronify processes across the board to adjust to new market and work environments. The standard gradual evolutionary adoption of automation has been replaced by a revolutionary adoption.  It’s clear that the benefits of automation are now being recognized by a greater number of market participants.

In general, automation works well if other conditions, such as dealer responsiveness and minimum slippage in the market remain constant, as the automated trading rules were configured during normal market conditions. After COVID-19, however, they have clearly changed.   As a result, firms that have not been adjusting the parameters of their rules engine to these new conditions have seen trade ratios decrease.

From a trading perspective, real estate on screens

Read More
Read More

FANUC Launches a New “Take Control” Virtual Event Featuring Its Latest Automation Technologies | Business

ROCHESTER HILLS, Mich.–(BUSINESS WIRE)–Oct 2, 2020–

FANUC, the world’s leading supplier of CNCs, robotics and ROBOMACHINEs will launch its first virtual event called “ Take Control ”. The event will debut Oct. 19-22, and include three distinct zones: Knowledge, Solutions and Exploration.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201002005082/en/

FANUC will launch its first virtual event called “Take Control” Oct. 19-22, 2020. (Graphic: Business Wire)

“For manufacturers, there’s nothing like the opportunity to visit tradeshows like IMTS, Pack Expo, FABTECH and many other technology events that feature automation and robotics,” said Mike Cicco, president and CEO, FANUC America. “Since the start of the pandemic, we haven’t had the opportunity to gather together in one place to meet face to face. We invite all companies – both large and small – who are searching for ways to solve manufacturing problems to connect with us virtually. Let our

Read More
Read More

FANUC Launches a New “Take Control” Virtual Event Featuring Its Latest Automation Technologies

FANUC, the world’s leading supplier of CNCs, robotics and ROBOMACHINEs will launch its first virtual event called “Take Control”. The event will debut Oct. 19-22, and include three distinct zones: Knowledge, Solutions and Exploration.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201002005082/en/

FANUC will launch its first virtual event called “Take Control” Oct. 19-22, 2020. (Graphic: Business Wire)

“For manufacturers, there’s nothing like the opportunity to visit tradeshows like IMTS, Pack Expo, FABTECH and many other technology events that feature automation and robotics,” said Mike Cicco, president and CEO, FANUC America. “Since the start of the pandemic, we haven’t had the opportunity to gather together in one place to meet face to face. We invite all companies – both large and small – who are searching for ways to solve manufacturing problems to connect with us virtually. Let our team of problem solvers help you take control

Read More
Read More

Nintex to acquire K2 Software, bolstering process automation offering

Nintex CEO Eric Johnson. (Nintex Photo)

Bellevue, Wash.-based workflow automation company Nintex will acquire fellow Seattle-area company K2 Software.

Both companies sell process automation software. Founded in 2000, K2 counts 30% of the Fortune 100 as customers and has 1.5 million users across 84 countries. The company raised more than $100 million in 2015 from private equity powerhouse Francisco Partners.

Nintex said it will have more than 10,000 customers and generate more than $200 million in revenue after the deal is closed. Investment firm Thoma Bravo purchased a majority stake in Nintex two years ago. It’s the third acquisition for Nintex since the Thoma Bravo deal. Nintex has 500 employees globally, and more than 100 in the Seattle region.

“We are excited to be bringing together leading innovators in the digital process automation software market,” Nintex CEO Eric Johnson said in a statement. “Upon closing, Nintex and K2 customers and

Read More
Read More