Transport and Logistics Centre

Global Service Robotics Market Expected to Reach $187.33 Billion by 2030, Driven by Increasing Adoption Across Industries

Retrieved on: 
Monday, November 6, 2023

The global service robotics market is set for substantial growth, with an anticipated value of US$ 187.33 billion by 2030, according to this report.

Key Points: 
  • The global service robotics market is set for substantial growth, with an anticipated value of US$ 187.33 billion by 2030, according to this report.
  • Service robotics, a technology not new to boosting industrial productivity and operational efficiency, is gaining traction in the global service sector.
  • In terms of segmentation, the global service robotics market encompasses Transportation and Logistics, Professional Cleaning, Medical Robotics, Hospitality, Agriculture, and other fields.
  • The global service robotics market features prominent companies, including KUKA, iRobot, Intuitive Surgical, Panasonic, Fanuc, ABB Ltd., and Stryker Corporation.

Optical Character Recognition Market Analysis 2023-2030 - OCR Startups Attract Increasing Investments as Diverse Industries Adopt the Technology - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 9, 2023

Enterprises invest large amounts in technologies that can help them digitalize their work process and increase productivity.

Key Points: 
  • Enterprises invest large amounts in technologies that can help them digitalize their work process and increase productivity.
  • OCR solutions are integrated with various technologies such as robotic process automation and Artificial Intelligence (AI) to enhance their capabilities.
  • For instance, in January 2023, Cognex Corporation, a provider of machine vision products, augmented the capabilities of its In Sight 2800 vision system to incorporate optical character recognition (OCR).
  • Furthermore, increasing penetration of optical character recognition in banks and financial institutions has bolstered the OCR market growth for B2B end-users.

With 20.6% CAGR, Digital Transformation Market Size to Reach USD 2,073.68 Bn by 2029

Retrieved on: 
Monday, May 29, 2023

PUNE, India, May 29, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Digital Transformation Market

Key Points: 
  • According to Exactitude Consultancy the Global Digital Transformation Market Size is expected to reach USD 2,073.68 Bn by 2029, growing at a 20.6% CAGR of Between Forecast Period 2023 to 2029.
  • It is expected to reach above USD 2,073.68 billion by 2029 from USD 558.87 billion in 2021.
  • Digital transformation refers to the integration of digital technologies into various aspects of a business, fundamentally changing how organizations operate and deliver value to customers.
  • Digital transformation market has enabled retailers to offer seamless online shopping experiences, personalized recommendations, and efficient supply chain management.

With 20.6% CAGR, Digital Transformation Market Size to Reach USD 2,073.68 Bn by 2029

Retrieved on: 
Monday, May 29, 2023

PUNE, India, May 29, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Digital Transformation Market

Key Points: 
  • According to Exactitude Consultancy the Global Digital Transformation Market Size is expected to reach USD 2,073.68 Bn by 2029, growing at a 20.6% CAGR of Between Forecast Period 2023 to 2029.
  • It is expected to reach above USD 2,073.68 billion by 2029 from USD 558.87 billion in 2021.
  • Digital transformation refers to the integration of digital technologies into various aspects of a business, fundamentally changing how organizations operate and deliver value to customers.
  • Digital transformation market has enabled retailers to offer seamless online shopping experiences, personalized recommendations, and efficient supply chain management.

FourKites Named a Leader in the 2023 Gartner® Magic Quadrant™ for Third Consecutive Year

Retrieved on: 
Tuesday, May 23, 2023

FourKites pioneered the real-time transportation visibility (RTTV) category in 2014 and was the first company to extend real-time visibility across supply chains end-to-end, from yards to warehouses and more.

Key Points: 
  • FourKites pioneered the real-time transportation visibility (RTTV) category in 2014 and was the first company to extend real-time visibility across supply chains end-to-end, from yards to warehouses and more.
  • *Gartner, Magic Quadrant for Real-Time Transportation Visibility Platforms, Carly West, Oscar Sanchez Duran, Nathan Lease, 16 May 2023.
  • Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact.
  • Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

RecVue Achieves Milestone Revenue Under Management with agile monetization platform

Retrieved on: 
Wednesday, May 24, 2023

PALO ALTO, Calif., May 24, 2023 /PRNewswire-PRWeb/ -- RecVue Agile Monetization Platform reaches over $50B in annual RUM

Key Points: 
  • RecVue today, announced at the Cota Connect summit in San Francisco hosted by RecVue investor Cota Capital, the achievement of an important milestone in the leading Enterprise Monetization Platform's growth - reaching over $50 billion of Revenue Under Management.
  • "RecVue has achieved this important milestone through an uncompromised focus on customer success, great SaaS software and unparalleled best practice to revolutionize the revenue opportunity for Enterprise companies," said Robin Beetge, VP Sales & Marketing.
  • RecVue helps Enterprise customers drive revenue, profitability and working capital while reducing costs.
  • "RecVue is unique in our ability to automate 100% of our customer's complex revenue models through a standard, configurable SaaS solution," said Nishant Nair, CEO.

FourKites Named a Leader in the 2023 Gartner® Magic Quadrant™ for Third Consecutive Year

Retrieved on: 
Monday, May 22, 2023

Their onboarding and customer success teams are professional and helpful.

Key Points: 
  • Their onboarding and customer success teams are professional and helpful.
  • *Gartner, Magic Quadrant for Real-Time Transportation Visibility Platforms, Carly West, Oscar Sanchez Duran, Nathan Lease, 16 May 2023.
  • Gartner research publications consist of the opinions of Gartner’s research organisation and should not be construed as statements of fact.
  • Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

FourKites Named a Leader in the 2023 Gartner® Magic Quadrant™ for Third Consecutive Year

Retrieved on: 
Monday, May 22, 2023

They are our partners in this ongoing journey.”

Key Points: 
  • They are our partners in this ongoing journey.”
    “To serve our customers, we need a platform that enables supply chain professionals to act quickly to fulfill their orders.
  • Making decisions, regulating what leaves our facilities, and effectively tracking shipments have all required access to the data and analytics that FourKites has provided.
  • *Gartner, Magic Quadrant for Real-Time Transportation Visibility Platforms, Carly West, Oscar Sanchez Duran, Nathan Lease, 16 May 2023.
  • Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact.

Zebra Technologies’ James Lawton and John Wirthlin Named Supply Chain Pros to Know

Retrieved on: 
Wednesday, May 10, 2023

The annual Pros to Know list recognizes exceptional executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain as a competitive advantage.

Key Points: 
  • The annual Pros to Know list recognizes exceptional executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain as a competitive advantage.
  • “This year’s list is filled with supply chain professionals whose achievements and success stories have helped move the needle in the supply chain.
  • Zebra’s James Lawton and John Wirthlin were named to SDCE’s annual Pros to Know list.
  • The Pros to Know list recognizes outstanding executives whose accomplishments inspire other leaders who aim to leverage the supply chain as a competitive advantage.

Supply Chain Security Market to Reach $6.3 Billion, Globally, by 2031 at 12.6% CAGR: Allied Market Research

Retrieved on: 
Wednesday, March 29, 2023

PORTLAND, Ore., March 29, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Supply Chain Security Market by Component (Hardware, Software, Services), by Security Type (Data Protection, Data Visibility and Governance, Others), by Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), by Industry Vertical (FMCG, Retail and E-commerce, Healthcare, Manufacturing, Transportation and Logistics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global supply chain security industry generated $2 billion in 2021 and is anticipated to generate $6.3 billion by 2031, witnessing a CAGR of 12.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.   

Key Points: 
  • However, high investment cost and complexity of supply chain security restrict the market growth.
  • The demand for supply chain security solutions increased owing to disruptions in the global supply chain due to lockdowns, travel restrictions, and other pandemic related factors.
  • The pandemic had a positive impact on the supply chain security market owing to increased digitalization of supply chain management and a growing number of cyberattacks on supply chain solutions.
  • Based on region, the market in North America was the largest in 2021, accounting for nearly two-fifths of the global supply chain security market.