RaaS

Industrial Robot Market Sales to Surpass US$25 Billion by 2033, Driven by Healthcare Adoption | Future Market Insights, Inc.

Retrieved on: 
Wednesday, November 1, 2023

NEWARK, Del., Nov. 1, 2023 /PRNewswire/ -- Industrial Robot Market Analysis Segmented by Articulated and Parallel Robot, with Growth Opportunities and Revenue Forecast for 2023-2033

Key Points: 
  • The industrial market share is projected to rise at a CAGR of 17.20% from 2023 to 2033.
  • Request a sample report to preview our comprehensive Industrial Robot Market research report before you purchase.
  • Robotics are transforming patient care, surgical operations, and drug administration in the healthcare industry.
  • For healthcare providers, this means better patient outcomes, fewer human mistakes, and more operational efficiency, contributing to cost savings and higher healthcare quality.

Industrial Robot Market Sales to Surpass US$25 Billion by 2033, Driven by Healthcare Adoption | Future Market Insights, Inc.

Retrieved on: 
Wednesday, November 1, 2023

NEWARK, Del., Nov. 1, 2023 /PRNewswire/ -- Industrial Robot Market Analysis Segmented by Articulated and Parallel Robot, with Growth Opportunities and Revenue Forecast for 2023-2033

Key Points: 
  • The industrial market share is projected to rise at a CAGR of 17.20% from 2023 to 2033.
  • Request a sample report to preview our comprehensive Industrial Robot Market research report before you purchase.
  • Robotics are transforming patient care, surgical operations, and drug administration in the healthcare industry.
  • For healthcare providers, this means better patient outcomes, fewer human mistakes, and more operational efficiency, contributing to cost savings and higher healthcare quality.

Lexasure Announces Rollout of Insurtech B2B Portal "Atlas" at Singapore International Reinsurance Conference

Retrieved on: 
Monday, October 30, 2023

GEORGETOWN, Cayman Islands, Oct. 30, 2023 /PRNewswire/ -- Lexasure Financial Group Limited ("Lexasure" or the "Company"), a provider of reinsurance, insurance, and insurtech solutions in South and Southeast Asia, today announced the upcoming rollout of Atlas, a B2B risk management portal for general reinsurance on the LexasureCloud 1.0 platform.

Key Points: 
  • GEORGETOWN, Cayman Islands, Oct. 30, 2023 /PRNewswire/ -- Lexasure Financial Group Limited ("Lexasure" or the "Company"), a provider of reinsurance, insurance, and insurtech solutions in South and Southeast Asia, today announced the upcoming rollout of Atlas, a B2B risk management portal for general reinsurance on the LexasureCloud 1.0 platform.
  • The Atlas platform is being announced at the Singapore International Reinsurance Conference, taking place from October 30th to November 2nd in Singapore, where Ian Lim, CEO of Lexasure, is presenting.
  • "We are thrilled to introduce Atlas, the first-of-its-kind reinsurance-focused platform designed to amplify business growth and profitability," said Ian Lim, CEO of Lexasure.
  • Atlas is expected to enable access to growth opportunities for partners and insurers through its B2B core platform modules on LexasureCloud.

OpenText Cybersecurity Nastiest Malware of 2023 Shows Ransomware-as-a-Service Now Primary Business Model

Retrieved on: 
Wednesday, October 25, 2023

WATERLOO, ON, Oct. 25, 2023 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX), today announced the Nastiest Malware of 2023, an annual ranking of the year's biggest malware threats. For six consecutive years OpenText Cybersecurity threat intelligence experts have analyzed the threat landscape to determine the most notorious malware trends. Ransomware has been rapidly ascending the ranks, with ransomware-as-a-service (RaaS) now the weapon of choice for cybercriminals.

Key Points: 
  • For six consecutive years OpenText Cybersecurity threat intelligence experts have analyzed the threat landscape to determine the most notorious malware trends.
  • Newcomer Cl0p takes the prize for this year's nastiest malware after commanding exorbitant ransom demands with its MOVEit campaign.
  • "A key finding this year is the RaaS business model is another win for the bad guys.
  • To learn more about the findings of this year's Nastiest Malware analysis, visit the OpenText Cybersecurity Community, as well as tune in to our Nastiest Malware Webinar.

OSM Worldwide Continues Massive Growth on Heels of 20th Anniversary

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Tuesday, October 24, 2023

CHICAGO, Oct. 24, 2023 /PRNewswire-PRWeb/ -- OSM Worldwide, the fifth-largest nationwide eCommerce and direct-to-consumer (DTC) parcel shipper, has continued to exhibit impressive growth while hitting major milestones in 2023, the company's 20th year in business.

Key Points: 
  • OSM Worldwide has defied market trends with continued impressive growth while hitting major milestones in 2023, the company's 20th year in business.
  • CHICAGO, Oct. 24, 2023 /PRNewswire-PRWeb/ -- OSM Worldwide , the fifth-largest nationwide eCommerce and direct-to-consumer (DTC) parcel shipper, has continued to exhibit impressive growth while hitting major milestones in 2023, the company's 20th year in business.
  • "We've been fortunate to see continued double-digit growth at OSM, even when our competitors have seen major declines and market challenges in shipping," said Gaston Curk, CEO of OSM Worldwide.
  • "Our technology investments have led to measurable improvements in a number of noticeable areas," said James Kelley, president of OSM Worldwide.

Nulogy and Formic Partner to Empower Manufacturing Supply Chains With Automation Solutions

Retrieved on: 
Wednesday, October 18, 2023

TORONTO, Oct. 18, 2023 /PRNewswire/ - Nulogy , a leading provider of supply chain collaboration solutions, and Formic , a leading robotics company accelerating the adoption of automation across American manufacturing, today announced a strategic partnership to jointly strengthen the world's manufacturing supply chains through their respective SaaS (Software as a Service) and RaaS (Robotics as a Service) product offerings.

Key Points: 
  • TORONTO, Oct. 18, 2023 /PRNewswire/ - Nulogy , a leading provider of supply chain collaboration solutions, and Formic , a leading robotics company accelerating the adoption of automation across American manufacturing, today announced a strategic partnership to jointly strengthen the world's manufacturing supply chains through their respective SaaS (Software as a Service) and RaaS (Robotics as a Service) product offerings.
  • Together, Nulogy and Formic will empower customers to implement value-driven digital shop floor solutions with speed, agility, and flexibility – without requiring outsized capital investment.
  • "Manufacturing cannot survive without automation, whether it's automated data flow or physical automation on the production floor," says Misa Ilkhechi, Formic co-founder and VP of Sales.
  • Nulogy's solutions run within the supply networks of global FMCG leaders such as L'Oréal, Colgate-Palmolive, and Church & Dwight, as well as hundreds of supplier sites around the world.

Sumitomo Corporation of Americas and Rapyuta Robotics, Inc Form Strategic Partnership to Bring PA-AMR Robotics with UWB Real-Time Location System (RTLS) to U.S. Warehouses

Retrieved on: 
Wednesday, October 18, 2023

NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Sumitomo Corporation of Americas (SCOA) and Rapyuta Robotics, Inc. (Rapyuta) announced today their partnership to provide groundbreaking fulfillment operations technologies to warehouses across the United States.

Key Points: 
  • NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Sumitomo Corporation of Americas (SCOA) and Rapyuta Robotics, Inc. (Rapyuta) announced today their partnership to provide groundbreaking fulfillment operations technologies to warehouses across the United States.
  • This collaboration will offer a robust PA-AMR and cutting-edge UWB real time location technology as a combined solution.
  • The result is drastically improved item/SKU seeking time, picking accuracy, and safety in the workplace.
  • Sumitomo Corporation of Americas and Rapyuta Robotics, Inc. announced today their partnership.

Deep Instinct Threat Report Finds Ransomware, State-Sponsored Attacks, and AI-Powered Cyber Threats Surged in H1 2023

Retrieved on: 
Wednesday, October 11, 2023

Deep Instinct , the prevention-first cybersecurity company that stops unknown malware pre-execution with a purpose-built, AI-based deep learning (DL) framework, today released its 2023 Bi-Annual Cyber Threat Report , which details the most pressing cyber threats of the year.

Key Points: 
  • Deep Instinct , the prevention-first cybersecurity company that stops unknown malware pre-execution with a purpose-built, AI-based deep learning (DL) framework, today released its 2023 Bi-Annual Cyber Threat Report , which details the most pressing cyber threats of the year.
  • Prevention against these cyber attacks is possible, but it requires a change from the reactive, ‘assume breach’ mentality that has plagued the industry for far too long.”
    Top findings from Deep Instinct’s 2023 Bi-Annual Cyber Threat Report include the following:
    Ransomware-as-a-Service (RaaS) attributed to a spike in H1 2023 ransomware victims.
  • The newest edition of the report found that more victims were affected by ransomware in the first half of 2023 than in the entirety of 2022.
  • To download Deep Instinct’s 2023 Bi-Annual Cyber Threat Report, please click here .

Locus Robotics to Showcase AI-Enabled Warehouse Automation at Logistics Summit in Dusseldorf, Germany

Retrieved on: 
Monday, October 2, 2023

WILMINGTON, Mass., Oct. 2, 2023 /PRNewswire/ -- Locus Robotics, a global leader in warehouse automation, today announced it will showcase its innovative autonomous mobile robots (AMRs) and deliver two prominent speaking sessions at the Logistics Summit in Dusseldorf, Germany on October 11-12.

Key Points: 
  • Locus experts will also demonstrate how the company's AI-enabled robots can work collaboratively with warehouse staff to dramatically improve productivity, consistency and throughput.
  • Locus Robotics Business Development Manager, Mischa Pick, will present "Scalable, Flexible, Future-Proof - The Advantages Of Robots-as-a-Service For Your Intralogistics."
  • This session will highlight how Locus's RaaS model enables the fast deployment of flexible warehouse automation without major upfront investments while delivering a fast ROI.
  • "We're excited to showcase Locus's transformative warehouse technology again at this premier European logistics event," said Denis Niezgoda, Vice President, EMEA & APAC.

Robotics As A Service (RaaS) Market size to increase by USD 1.50 billion during 2022-2027, Rapid industrialization in developed countries to drive the growth - Technavio

Retrieved on: 
Friday, September 29, 2023

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- The robotics as a service (RaaS) market size is expected to grow by USD 1.

Key Points: 
  • NEW YORK, Sept. 29, 2023 /PRNewswire/ -- The robotics as a service (RaaS) market size is expected to grow by USD 1.
  • However, the growth momentum of the market will progress at a CAGR of 18.29% during the forecast period.
  • They do so by including more online options that rely on using the Internet to interact with customers and solve the problems they face.
  • Hence, such factors drive the growth of the RaaS market during the forecast period.