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Global Automotive Robotics Industry Report 2024: Market to Reach $16.55 Billion by 2030 - Smart Sensors and Collaborative Robots Revolutionize Automotive Manufacturing

Retrieved on: 
Friday, February 16, 2024

The Global Automotive Robotics Market size is projected to reach US$ 16.55 Billion by 2030 from US$ 8.04 Billion in 2023, growing at a CAGR of 10.86% during 2024-2030

Key Points: 
  • The Global Automotive Robotics Market size is projected to reach US$ 16.55 Billion by 2030 from US$ 8.04 Billion in 2023, growing at a CAGR of 10.86% during 2024-2030
    Robots have become an increasingly useful in the automotive industry.
  • Numerous substantial, small-sized, well established competitors in the robotics sector make the global automotive robotics market competitive.
  • The global automotive robotics market is predominantly led via robot arms, securing maximum of the market share.
  • By Type, the automotive robotics market is segmented into articulated robots, cylindrical robots, scary robots, Cartesian robots, and others.

Bio-Rad Reports Fourth-Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

A reconciliation between historical GAAP operating results and non-GAAP operating results is provided following the financial statements that are part of this press release.

Key Points: 
  • A reconciliation between historical GAAP operating results and non-GAAP operating results is provided following the financial statements that are part of this press release.
  • There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies.
  • The non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact on our reported financial results.
  • Investors should review the reconciliation of the non-GAAP financial measures to their most directly comparable GAAP financial measures as provided in the tables accompanying this press release.

SoftwareReviews Data Highlights Leading IT Asset Management Providers of 2024 for Boosting Cost Efficiency and Risk Management

Retrieved on: 
Thursday, February 15, 2024

SoftwareReviews' latest Data Quadrant highlights the top-rated IT Service Management software solutions that users ranked best to streamline incident management initiatives.

Key Points: 
  • SoftwareReviews' latest Data Quadrant highlights the top-rated IT Service Management software solutions that users ranked best to streamline incident management initiatives.
  • TORONTO, Feb. 15, 2024 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape and a division of Info-Tech Research Group, has revealed its new 2024 IT Service Management (ITSM) Data Quadrant Report .
  • The report highlights the top six IT Service Management (ITSM) solutions in the enterprise and midmarket spaces for the year.
  • These challenges risk damaging productivity and negatively impacting customer happiness while raising costs and increasing the risk of data and security mishaps.

Notification Infrastructure Provider Knock Announces $12 Million Series A Led by Craft Ventures

Retrieved on: 
Thursday, February 15, 2024

Knock , the leading notification infrastructure provider, announced it has raised a $12 million Series A led by Craft Ventures, bringing the total funding to $18 million.

Key Points: 
  • Knock , the leading notification infrastructure provider, announced it has raised a $12 million Series A led by Craft Ventures, bringing the total funding to $18 million.
  • As part of the round, David Sacks, co-founder and partner at Craft Ventures, will also join Knock’s Board.
  • We started Knock to provide developers and product teams with flexible, API-first customer engagement that's ready for production,” said Sam Seely, CEO and co-founder of Knock.
  • It would make a lot more sense for developers to outsource their notification infrastructure.

With Major Marketing and Support Enhancements to SmartBiz, Calix Enables Broadband Providers To Accelerate Growth for 40 Million Small Businesses

Retrieved on: 
Thursday, February 15, 2024

Today, Calix, Inc. (NYSE: CALX) released significant updates to Calix SmartBiz ™ that further accelerate growth for its customers and the small businesses they serve.

Key Points: 
  • Today, Calix, Inc. (NYSE: CALX) released significant updates to Calix SmartBiz ™ that further accelerate growth for its customers and the small businesses they serve.
  • These updates deliver multiple benefits for broadband service providers (BSPs), including the ability to onboard small business subscribers faster, expanded support capabilities, and deeper cloud insights to accelerate market penetration.
  • SmartBiz is a purpose-built small business solution that opens new revenue opportunities for BSPs to serve small businesses (approximately 40 million) across the United States , Canada , and the United Kingdom .
  • New guest Wi-Fi insights also help small business owners increase the effectiveness of revenue-generating marketing campaigns.

Bitwise Bitcoin ETF (BITB) Among Top 25 Fastest ETFs in History To Reach $1 Billion in Assets

Retrieved on: 
Thursday, February 15, 2024

Spreads are a key factor in determining the total cost of buying and selling shares of an ETF.

Key Points: 
  • Spreads are a key factor in determining the total cost of buying and selling shares of an ETF.
  • To foster transparency, BITB was the first bitcoin ETF in the U.S. to publish the bitcoin addresses of its holdings.
  • BITB supports the future health of the bitcoin blockchain by donating 10% of its profits to organizations that fund bitcoin open-source development.
  • In just the first few weeks, we’ve seen substantial demand for the Bitwise Bitcoin ETF (BITB) from financial advisors.

Arch Secures $6.2 Million to Accelerate Heat Pump Installs as Households Grapple with Energy Prices

Retrieved on: 
Thursday, February 15, 2024

SAN FRANCISCO, Feb. 15, 2024 /PRNewswire/ -- Arch, a data intelligence platform for HVAC contractors, announced today that it has raised $6.2 million in seed funding from Gigascale Capital, Coatue, Floodgate, ReGen Ventures, and MCJ Collective. The investment comes as a fast-growing majority of Americans want to electrify their homes amid a shortage of installers and high upfront costs. Arch aims to ease both by transforming the sales process and making heat pumps the obvious financial and performance choice for contractors and homeowners. The company will use the funds to grow its engineering team and expand its customer base in the Northeast and California.

Key Points: 
  • Arch aims to ease both by transforming the sales process and making heat pumps the obvious financial and performance choice for contractors and homeowners.
  • Contractors typically face time-consuming sales processes and low conversion rates, spending 80% of their time on leads that won't convert, a cost-shared across every installed heat pump.
  • The platform enables contractors to quickly analyze homes, optimize heat pump systems, and will soon include savings calculations.
  • To date, Arch has processed over $4 million of heat pump sales through the platform and expects that amount to be 10x or more in 2024.

Med-Surgical Services, Inc. Launches Next-Generation CBYON Eclipse Navigation System

Retrieved on: 
Thursday, February 15, 2024

This next-generation IGS technology platform includes:

Key Points: 
  • This next-generation IGS technology platform includes:
    Automatic image registration: seamless registration of patient data acquired through intraoperative 3D X-ray imaging devices.
  • The CBYON Eclipse system has been used in over 1,000 procedures since its release in June 2022.
  • Its design allows affordable, agnostic, and highly accurate support for the vast majority of surgeries, from routine to complex.
  • “The CBYON technology continues to evolve and improve to better support IGS procedures in a number of settings,” said Rory Randall, CEO/CTO of MSSI.

RiskOn International Sets Formal Launch Date for askROI.com, a New Generative AI Platform

Retrieved on: 
Thursday, February 15, 2024

Through this vision, the Company intends for askROI to serve as a one stop shop for a business’ AI needs.

Key Points: 
  • Through this vision, the Company intends for askROI to serve as a one stop shop for a business’ AI needs.
  • This will be accomplished through the eventual introduction of additional tools and features that will enable customers to interact with other AI products while utilizing the askROI platform.
  • The platform can be customized to serve a variety of industries, including healthcare, finance, manufacturing, customer service, and more, making it a universal tool for business innovation.
  • The Company’s CEO, Milton “Todd” Ault III stated, “The launching of askROI marks a new chapter in the Company’s future.

Lenovo and Anaconda Announce Agreement to Accelerate AI Development and Deployment

Retrieved on: 
Thursday, February 15, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240215334255/en/
    Lenovo and Anaconda Announce Agreement to Accelerate AI Development and Deployment (Photo: Business Wire)
    The rapidly evolving world of artificial intelligence, deep learning and generative AI is opening up new opportunities for businesses and data scientists.
  • Much of the AI innovation taking place today is driven by open-source software and cloud-based solutions, with Python being a leading software language for AI applications.
  • Planning for AI projects requires clear and thoughtful pathways to allocate the right hardware, software and skillsets to manage each stage of AI development.
  • By jointly providing resilient hardware and trusted software tools, Lenovo and Anaconda present data scientists, AI developers, and AI engineers an unrivaled platform to freely explore emerging techniques in AI/ML.