Artificial Intelligence – Page 135

Consumers aren’t to blame for the proliferation of online scams according to Callsign

June 8, 2022 Published by Roboticulized.com

Callsign, the digital trust pioneer, has published research into the psychology of scams, demonstrating that humans aren’t infallible but technology can help. Estimated to cost the global economy US$5 trillion annually, and despite organizations efforts to warn and educate consumers, scammers continue to be successful.

Detecting scams is hard, and financial institutions and consumer protection groups have attempted to protect consumers with scam warnings and education about the signs to look out for. But with scammers coaching their victims to navigate warning messages and security measures, it’s impossible to rely on just educating victims as a scam prevention method. This is because scams play human fears and create stressed situations. Callsign research mirrors this, finding that four out of five consumers globally have received a scam message. But 50% of Callsign survey respondents claimed it was easy to avoid scams online because it’s ‘common sense’ – the reality is scammers are manipulating victims to act differently.

Psychology studies demonstrate that when people read warnings, they are in what psychologists call a ‘cold state’ – calm and dispassionate, but when they are at risk, they’re in a ‘hot’, stressed or emotional state. In the calm state it is likely people read the warning messages and take note to be careful, but when they are in a hot state, all the advice is forgotten. Our research concurs, with 86% of respondents saying they read scam warning messages, but 58% said they still don’t do anything differently as a result.

“A different approach to fighting scams is required and technology can help. Detecting scams isn’t enough, we need to use behavioral psychology to help nudge people. Blanket warning messages to people in their cold state aren’t effective scam prevention methods, we need to tell people what to do, the moment they need to do it,” says Amir Nooriala, chief commercial officer, Callsign.

Callsign’s dynamic interventions software works by detection, intervention and protection. Software detects when consumers are at risk of being scammed by identifying changes in normal behavioral patterns, which might indicate duress and coaching. Intervention then takes place in real time through contextual, real-time dynamic warnings based on the intelligence and the type of transaction in progress. Finally, the customer can be protected by a change in policy in real time, for example preventing the transaction and the scam taking place. Layering education with good fraud detection, interventions and therefore prevention is key.

“There is a common perception that humans are to blame for online scams, but they are hard to detect and hard to prevent. Humans react and behave in different ways in calm and stressed states, and technology can help to interpret that behaviour and keep consumers safe. The root cause for online scams is technology because service providers are not deploying adequate detection, intervention and prevention methods,” added Nooriala.

To download the free eBook, click here. Registration is not required.

Callsign is at Money 20/20 Europe, please stop by stand B40 for more information and a demonstration of dynamic intervention software.

ManpowerGroup Talent Solutions Named a Star Performer and Global Leader in Recruitment Process Outsourcing by Everest Group

June 7, 2022 Published by Roboticulized.com

ManpowerGroup Talent Solutions (NYSE: MAN) has been named a global leader in Recruitment Process Outsourcing (RPO) for the 12th year in the Everest Group PEAK Matrix® Assessment and to a select list of global star performers – the top RPO providers based on year-over-year movement on the PEAK Matrix. Talent Solutions has also been named as a leader in Europe, Middle East, and Africa (EMEA).

This year, Everest Group recognized the breadth and depth of the Talent Solutions’ global offering, citing its strong performance and diversified presence across all major geographies along with continued investments in scalable workforce solutions and IntelliReach, a self-service data and analytics portal.

“Now more than ever, companies need sophisticated talent management and business intelligence solutions to source, manage, and future-proof their global talent strategies,” said Talent Solutions Global Brand Leader Stefano Scabbio. “With unprecedented global talent shortages that show no signs of abating, Talent Solutions is helping recruiters work faster and more effectively in an unpredictable environment.”

“Employers around the world are facing unprecedented challenges. It is an honor to be recognized globally as well as EMEA – in the midst of such a challenging geopolitical and economic climate,” Marceline Beijer, Global Brand Leader of Talent Solutions RPO, said. “In the past year, we have been able to accelerate engagement with a broader spectrum of industries and expand our support to a wide range of businesses as they seek to engage the talent they need.”

Talent Solutions is recognized by Everest Group for a robust advisory capacity, experience serving a breadth of buyers of all sizes, and continued investments in its technology stack. This includes the automated Rapid Recruit solution and IntelliReach.

“Talent Solutions’ global delivery footprint, strong domain knowledge, and comprehensive technology and analytics capabilities have enabled it to create an extensive RPO portfolio,” said Aniruddha Kulkarni, Practice Director, Everest Group. “Its continued and focused investments in improving its technology and analytics stack and consulting and advisory offerings have helped position it as a Leader and a Star Performer on Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2022 – Global. And as a Leader on Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2022 – EMEA.”

The Everest Group PEAK Matrix is a comprehensive evaluation framework based on an assessment of delivery capabilities measured across seven dimensions — market adoption, portfolio mix, value delivered, vision and strategy, scope of services offered, innovation and investment, and delivery footprint.

Global Household Care Markets Report 2022-2026: Sustainable and Natural Products / Premium Household Care Products / Artificial Intelligence / Stringent Regulations

June 7, 2022 Published by Roboticulized.com

The “Global Household Care Market (Laundry Care, Surface Care, Dishwashing, Air Care, Home Insecticides, Bleach, Toilet Care and Polishes): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)” report has been added to ResearchAndMarkets.com’s offering.

The global household care market is anticipated to reach US$202.43 billion in 2026, growing at a CAGR of 3.08% during the period spanning 2022-2026

The growth in the market has been driven by factors like rising urban population, escalating migrants, rising female labor force, rising e-commerce penetration, rising per capita spending, increasing hygiene awareness, nuclear family, and middle-class population.

The market is expected to face certain challenges such as easy existence of counterfeit products and high competition. To overcome these challenges, the market would witness some key trends like escalating advertising campaigns, product innovation, sustainable and natural products, premium household care products, artificial intelligence, and stringent regulations.

The global household care market can be segmented as follows: laundry care, Surface care, Dishwashing, Air care, home insecticides, Bleach, Toilet care and Polishes. Laundry care held the largest share of the market in 2021.

New features with product packaging and better benefits influence consumers to purchase household products. This is likely to have a beneficial impact on household product sales, such as laundry care solutions, which would drive the market growth.

Asia Pacific held the largest share of the market in 2021. The rise of e-retailers, particularly in emerging regions, is quickening the pace of the business.

Additionally, automation in the household market has fueled industrial product innovation, resulting in the biggest benefits for users. As a result, more market innovation is likely to boost Asia Pacific industry growth in the coming years.

Company Profiles of Leading Players

Church & Dwight Co.
Henkel AG & Co KGaA
Unilever Group
The Procter & Gamble Company
Kao Corporation
Reckitt Benckiser Group

Key Topics Covered:

1. Market Overview
1.1 Household Care
1.1.1 Introduction
1.2 Advantages and Disadvantages of Household Care
1.3 Household Care Products
1.4 Segmentations of Household Care

2. Impact of COVID-19
2.1 Impact of COVID-19 on Household Care Market
2.2 Rising Concern towards Self Care and Hygiene
2.3 Boost in E-Commerce Total Retail Sales
2.4 Growing Demand for Surface Care Products

3. Global Market Analysis
3.1 Global Household Care Market by Value
3.2 Global Household Care Market Forecast by Value
3.3 Global Household Care Market by Category
3.3.1 Global Laundry Care Market by Value
3.3.2 Global Laundry Care Market Forecast by Value
3.3.3 Global Laundry Care Market by Category
3.3.4 Global Laundry Care Market Forecast by Category
3.3.5 Global Surface Care Market by Value
3.3.6 Global Surface Care Market Forecast by Value
3.3.7 Global Dishwashing Market by Value
3.3.8 Global Dishwashing Market Forecast by Value
3.3.9 Global Dishwashing Market by Category
3.3.10 Global Dishwashing Market Forecast by Category
3.3.11 Global Air Care Market by Value
3.3.12 Global Air Care Market Forecast by Value
3.3.13 Global Home Insecticides Market by Value
3.3.14 Global Home Insecticides Market Forecast by Value
3.3.15 Global Toilet Care Market by Value
3.3.16 Global Toilet Care Market Forecast by Value
3.3.17 Global Bleach Market by Value
3.3.18 Global Bleach Market Forecast by Value
3.3.19 Global Polishes Market by Value
3.3.20 Global Polishes Market Forecast by Value
3.4 Global Household Care Market by Region

4. Regional Market Analysis
4.1 Asia Pacific
4.1.1 Asia Pacific Household Care Market by Value
4.1.2 Asia Pacific Household Care Market Forecast by Value
4.1.3 Asia Pacific Household Care Market by Region
4.1.4 China Household Care Market Forecast by Value
4.1.5 Japan Household Care Market Forecast by Value
4.1.6 India Household Care Market Forecast by Value
4.1.7 Indonesia Household Care Market Forecast by Value
4.2 North America
4.2.1 North America Household Care Market by Value
4.2.2 North America Household Care Market Forecast by Value
4.2.3 North America Household Care Market by Region
4.2.4 The US Household Care Market Forecast by Value
4.2.5 Canada Household Care Market Forecast by Value
4.3 Western Europe
4.3.1 Western Europe Household Care Market by Value
4.3.2 Western Europe Household Care Market Forecast by Value
4.3.3 Western Europe Household Care Market by Region
4.3.4 Germany Household Care Market Forecast by Value
4.3.5 Italy Household Care Market Forecast by Value
4.3.6 UK Household Care Market Forecast by Value
4.3.7 France Household Care Market Forecast by Value
4.3.8 Spain Household Care Market Forecast by Value
4.4 Latin America
4.4.1 Latin America Household Care Market by Value
4.4.2 Latin America Household Care Market Forecast by Value
4.4.3 Latin America Household Care Market by Region
4.4.4 Brazil Household Care Market Forecast by Value
4.4.5 Argentina Household Care Market Forecast by Value
4.5 Middle East and Africa
4.5.1 Middle East and Africa Household Care Market by Value
4.5.2 Middle East and Africa Household Care Market Forecast by Value
4.5.3 Middle East and Africa Household Care Market by Region
4.5.4 Iran Household Care Market Forecast by Value
4.5.5 Egypt Household Care Market Forecast by Value
4.5.6 South Africa Household Care Market Forecast by Value
4.5.7 Saudi Arabia Household Care Market Forecast by Value
4.6 Eastern Europe
4.6.1 Eastern Europe Household Care Market by Value
4.6.2 Eastern Europe Household Care Market Forecast by Value
4.7 Australasia
4.7.1 Australasia Household Care Market by Value
4.7.2 Australasia Household Care Market Forecast by Value

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Urban Population
5.1.2 Escalating Migrants
5.1.3 Rising Female Labor Force
5.1.4 Rising E-Commerce Penetration
5.1.5 Rising Per Capita Spending
5.1.6 Middle class Population
5.1.7 Increasing Hygiene Awareness
5.1.8 Nuclear Family
5.2 Key Trends and Developments
5.2.1 Escalating Advertising Campaigns
5.2.2 Product Innovation
5.2.3 Sustainable and Natural Products
5.2.4 Premium Household Care Products
5.2.5 Artificial Intelligence
5.2.6 Stringent Regulations
5.3 Challenges
5.3.1 Easy Existence of Counterfeit Products
5.3.2 High Competition

6. Competitive Landscape
6.1 Global Market
6.1.1 Revenues Comparison- Key Players
6.1.2 Market Capitalization Comparison- Key Players
6.1.3 Research & Development Expenses Comparison – Key Players

7. Company Profiles
7.1 Business Overview
7.2 Financial Overview
7.3 Business Strategies

For more information about this report visit https://www.researchandmarkets.com/r/77h0av

DSM acquires Brazil’s leading animal nutrition technology company to boost precision services offering

June 7, 2022 Published by Roboticulized.com

Royal DSM, a global purpose-led science-based company, announces it has reached an agreement to acquire Prodap, a Brazilian animal nutrition and technology company that combines technology offerings, consulting services, and customized nutritional solutions to drive efficiency and sustainability in animal farming.

Precision farming is growing rapidly, driven by the increasing demand for sustainability, efficiency, traceability, and animal welfare in food systems under pressure to provide the world’s rising population with animal protein. DSM’s precision nutrition solutions for animal nutrition and health include Verax, a unique and innovative integrated animal management system that leverages data to provide a deeper understanding of the health, productivity, and welfare of animals, and Sustell, an intelligent sustainability service designed to enhance the environmental sustainability of animal protein production.

Based in Belo-Horizonte, Prodap is at the forefront of the market for digital solutions, which is growing particularly quickly in Brazil. Prodap combines nutrition, consultancy, and technology services to optimize ruminant farming operations. Through its portfolio of digital solutions, it collects data and develops insights in real time, which are then translated into tailored nutritional solutions for customers, with remote or in-person support provided by its experienced consultants. Prodap has operations in the states of Mato Grosso and Minas Gerais and employs 330 employees, serving more than 5,000 farms across Brazil with impressive customer loyalty rates.

By harnessing the power of Prodap’s digital solutions, DSM will take another step forward in its Precision & Personalization journey. DSM will strengthen and further develop its digital solutions to reach more markets globally and species, enabling smarter nutritional decision-making thanks to artificial intelligence and other tools. Prodap will complement DSM’s deep animal nutrition knowledge and advisory capabilities with its extensive consultancy experience, facilitating an even higher level of customer experience. Additionally, by supporting more efficient farming, the acquisition contributes to DSM’s commitment to enabling a double-digit reduction in on-farm livestock emissions by 2030 as part of its 2021 food system commitments.

Ivo Lansbergen, EVP DSM Animal Nutrition & Health, commented: “The need for sustainable animal farming has never been greater or more urgent. Precision nutrition is a key pathway to improving the efficiency and sustainability of animal farming, creating value for a range of stakeholders, including farmers and society at large. As such, I’m delighted that we’re joining forces with Prodap to deliver precision farming solutions to our customers, which will contribute to more sustainable animal farming for all. Together, we make it possible!“

Leonardo Sá, CEO Prodap, said: “We are delighted to have found a company like DSM that sincerely shares our purpose on transforming the livestock worldwide and vision of adopting the new technologies essential to achieving sustainable and efficient farming. We look forward to accelerating the expansion of these new technologies in the industry, together with DSM.”

The transaction, which remains subject to customary conditions, is expected to close in 2022.

DSM

Royal DSM is a global, purpose-led company in Health, Nutrition & Bioscience, applying science to improve the health of people, animals and the planet. DSM’s purpose is to create brighter lives for all. DSM’s products and solutions address some of the world’s biggest challenges while simultaneously creating economic, environmental and societal value for all its stakeholders – customers, employees, shareholders, and society at large. The company was founded in 1902 and is listed on Euronext Amsterdam. More information can be found at www.dsm.com.

Deep Analytics Opens EOD Data Hub for Beta Testing by Explosive Ordnance Disposal Experts

June 7, 2022 Published by Roboticulized.com

Deep Analytics LLC, a leading developer of artificial intelligence (AI) solutions for the DoD, has completed initial development of an Explosive Ordnance Disposal (EOD) image data hub where experts can share photographs and details of improvised explosive devices (IEDs). The EOD Data Hub is now open for beta testing by military ordnance disposal personnel and public safety bomb technicians.

“Development of the EOD Data Hub is a major step towards enabling ordnance disposal professionals to share knowledge so they can perform their difficult jobs more safely and effectively,” said Greg Hewitt, Deep Analytics Co-Founder. “We invite credentialed professionals from military EOD teams and police bomb squads to test the Data Hub and provide us with feedback.”

The EOD Data Hub beta site may be accessed at https://eoddatahub.com/. To create an account for beta testing, personnel must upload an EOD school graduation certificate.

Deep Analytics developed the Data Hub and community under contract to the DoD Irregular Warfare Technical Support Directorate (IWTSD) in Washington D.C. The site will be the focal point of an online community where EOD personnel educate themselves and engage with each other on the many types of explosive hazards they encounter.

The Data Hub beta site guides users through the process of uploading photographs of IEDs as they were found in the field. Next, users are asked to identify visible components, such as power sources, detonators, and wire bundles. The beta testers will be encouraged to suggest how the site may be improved with new features or made more user-friendly.

“The Data Hub will grow into a massive photographic archive of IED designs searchable by component,” said Hewitt. “The online community will also participate in competitions that will sharpen their ordnance identification skills.”

In addition, IWTSD will leverage the Data Hub as an unclassified database of labeled IED photographs to develop Machine Learning (ML) object detection algorithms. These automated algorithms will be applied to video feeds streaming from stationary or mobile cameras, including drones, to find bombs hidden along the routes of convoys or at crowded public events before they harm members of the military or the general public.

Futu Holdings Achieves Solid First-Quarter Growth Amid Market Volatility with 67.9% YoY Increase in Paying Clients

June 7, 2022 Published by Roboticulized.com

Moomoo’s parent company Futu Holdings Limited (Nasdaq: FUTU) (Futu), a leading tech-driven online brokerage and wealth management platform, reported solid performance for the quarter ended March 31, 2022, with US$209.5 million (HK$ 1641.0 million) total revenues, and US$79.4 million (HK$622.2 million) non-GAAP adjusted net income.

Financial & strategic highlights for the first quarter:

As of quarter end, total number of users of moomoo and its sister brand Futubull was 18.1 million, an increase of 27.1% YoY;
Total number of registered clients was 2,910,995, an increase of 48.7% YoY;
Total number of paying clients was 1,326,163, an increase of 67.9% YoY;
Over 80% of the newly acquired paying clients in first quarter were from Hong Kong SAR, the United States, Singapore and Australia markets, indicating the company’s thriving international business;
Client stickiness maintained at a high level with the quarterly client retention rate of over 98%.
In terms of enterprise service, Futu I&E had 258 IPO and IR clients as well as 459 ESOP clients as of quarter end, climbing up 69.7% and 129.5% YoY, respectively.
Regarding wealth management, total client assets reached HK$20.9 billion in the first quarter, an increase of 59.1% YoY. Futu has partnered with 64 world’s well-known financial institutions to offer wealth management services.
As of quarter end, Futu has acquired 50 licenses and qualifications (including approvals-in-principle) from regulators across major financial markets.

Futu’s Chairman and Chief Executive Officer Mr. Leaf Hua Li said, “Although the market sentiments remained volatile in the first quarter, Futu demonstrated its resiliency with upbeat highlights and growth in key indicators across various markets. Notably, our enterprise service business and wealth management business performed robust growth.”

Futu continues to lead the industry with continuous growth of Hong Kong paying clients

Having established its presence in Hong Kong for almost ten years, Futu has led the way in the brokerage industry and its renowned Futubull app is now a household brand name for local investors. Meanwhile, the number of paying clients continues to grow.

Futubull’s highly engaging online investor community remains the largest in scale among its local peers. Hong Kong users spent an average of 33.4 minutes using the Futubull app per trading day during the first quarter. There were over 363,000 daily average Hong Kong active users in the online community in the first quarter, producing nearly 100,000 pieces of UGC content each trading day.

Meanwhile, Futu’s Hong Kong subsidiary Futu Securities International (Hong Kong) Limited won five awards from HKEX, demonstrating the recognition of the efforts made by the company in pursuing better trading experience.

Futu Singapore is becoming the first online brokerage to acquire full Singapore Exchange memberships

One year into moomoo’s debut in Singapore, Futu Singapore Pte. (Futu SG) has obtained approvals-in-principal for all of five SGX memberships and an Exempt Financial Adviser status from the Monetary Authority of Singapore.

This makes Futu SG not only the first online brokerage in Singapore to receive approvals-in-principle for full trading and clearing memberships for securities and derivatives, but also the pioneer in the industry to achieve all five SGX memberships. As a fully licensed member of the Singapore Exchange, Futu Singapore can provide trading and clearing services for itself and other Futu subsidiaries, creating synergies and providing a more diversified product range and better services to local investors.

Futu is renowned among Singapore investors for its premium fund products and customized services. Futu Money Plus has expanded its fund product offerings in Singapore to support SGD funds, money market funds, and dividend funds, and has partnered with 26 leading international financial institutions to provide local investors with more options for wealth management. During the quarter, Futu Money Plus’ client assets and the number of fund clients in Singapore increased by 93% and 95% quarter-over-quarter respectively.

Futu expanded its enterprise service footprint in Singapore by participating in several high-profile ETF IOPs. Futu SG was entrusted by Nikko Asset Management as a participating agent in the Initial Offering Period and listing of the Nikko AM – Straits Trading MSCI China Electric Vehicles and Future Mobility ETF (Exchange Traded Fund) on SGX in the first quarter. The subscription of the ETF via Futu Singapore ranked the first in the market, proving Futu’s value in enhancing the local market’s liquidity and promoting investment.

Moomoo steadily acquires users in the US and makes a debut in Australia

Since its debut in the U.S. in 2018, moomoo continued to gain interest from active traders who seek better tools to trade like a pro – a pro that treats investing seriously to have greater control of their financial future.

Moomoo’s core users are retail traders who strive to learn and improve their investing strategies, using the tools, data and training content on moomoo app. Moomoo broke the information barrier by making professional data that used to be exclusive to institutions available to all of its users, such as free level 2 data and free daily short sale volume data, to name a few.

As of quarter end, moomoo had rolled out almost 2500 investing courses online, delivering content in forms of stories, infographics, gif images, videos, animation clips, live streaming, etc., with which users can learn investing concepts and tactics easier than ever. In January moomoo worked with the reputable U.S. financial media firm Benzinga to hold an online seminar series aiming to help the audience to develop professional trading skills.

With the outstanding trading experience moomoo delivers, the app was named as the “Best Trading Platform” in first quarter by FinTech Breakthrough, an independent market intelligence organization in the U.S. focusing on global FinTech innovators.

Moomoo also announced its official launch in Australia on 08 March 2022, with the vision of empowering all investors to grow their wealth through an affordable yet powerful investment platform. Australian investors can now use moomoo to trade stocks and ETFs listed in Australian and US markets – soon trading of Hong Kong, China-A shares and Singapore markets will be available.

Moomoo promotes financial education for investor of all levels, putting responsible investing into practice

Elsewhere, the company keeps investing in education to promote responsible investing, cultivating financial literacy for investors of all kinds and empowering them to achieve their financial goals.

In February, moomoo partnered with Palo Alto Education Group and LaunchFIT, two Bay Area-based educational organizations, in launching #Investeen, a campaign aimed at improving financial literacy and equity investment knowledge in adolescents. As part of the campaign, moomoo participated in launching the paper trading competition in moomoo app, which enabled students from more than 20 countries to practice trading in a safe environment with stimulated funds, to test-drive their investment strategy responsibly.

In Singapore, moomoo partnered with SUSS Investment Group, a student-led community in the Singapore University of Social Sciences, to launch the inaugural Portfolio Management Challenge 2022 early this year. The challengers executed trades in the US market with moomoo platform and updated their portfolio weightage on moomoo’s portfolio feature to view live rankings.

Futu stays committed to the vision of making investing easier for investors all over the world

“We are humbly glad to see the achievements in the first quarter from various markets, but we will never feel fully satisfied in making investment more accessible for all.” Leaf added. “Since the inception of the company, we are committed to our pursuit in making investing easier and not alone, with our tech excellence. We will never cease bringing better trading experience to investors worldwide, becoming their trusted partner to make more savvy decisions, to connect with like-minded peers and to stay up to date on the financial world.”

Conveyor System Market worth $12.7 billion by 2027 – Exclusive Report by MarketsandMarkets™

June 6, 2022 Published by Roboticulized.com

According to the new market research report “Conveyor System Market by Industry (Retail & Distribution, Food & Beverage, Automotive, Electronic, Mining, & Airport), Type (Belt, Roller, Overhead, Floor, Pallet, Crescent, Cable, Bucket) Component, Operation & Region”, published by MarketsandMarkets, the global Conveyor System Market size is projected to reach USD 12.7 billion by 2027, from an estimated value of USD 9.4 billion in 2022, at a CAGR of 6.0%.

Higher adoption of automation processes in various end-use industries and rising demand for handling larger volumes of goods are the driving factors that are expected to boost the Conveyor System Market. The constant R&D efforts by conveyor system manufacturers to modernize the industry will offer favorable opportunities for manufacturers and propel the demand for automated conveyor systems in the forecast period.

Browse in-depth TOC on “Conveyor System Market”
341 – Tables
54 – Figures
322 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31314058

Retail & Distribution industry in Asia Pacific is estimated to drive the market from 2022 to 2027.

Asia Pacific is expected to account for a significant share of the global Conveyor System Market due to the increased demand for conveyors in the retail & distribution industry. Companies such as Alibaba.com and Amazon.com, Inc. are creating a high demand for conveyor systems in Asia Pacific. The regional market’s growth can also be attributed to the rising demand for automotive and mining conveyor systems in China and India. For instance, South Korea’s largest retailer Shinsegae Department Store is planning to spend 476.6 billion on opening new branches and refurbishing, which is expected to fuel the demand for material handling systems such as conveyors.

Airport industry in North America is estimated to be the significant market in 2022.

North America comprises the US, Canada, and Mexico. The US is the largest market for conveyor systems in the region. The increasing complexity in the supply chain about the transportation and handling of materials in the manufacturing and mining industries has surged the adoption of conveyor systems. As most of the cities in North America have airports, aviation is a major market for conveyor systems in the region. The number of air travelers in the US is growing rapidly, which has led to the expansion of terminals. The rising development of domestic and international airports, expanding tourism industry, increasing trade proliferation of low-cost airlines, and growing population are expected to drive the growth of the Conveyor System Market for the airport industry in the region.

Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=31314058

Europe is projected to be the largest market.

The market in Europe is projected to be the largest by 2027. Being an early adopter, Europe witnesses’ extensive applications of conveyor systems in several industries. Conveyor system manufacturers in the region have made high investments in research and development for innovating technologies to stay competitive in the market. Germany and the UK are at the forefront of industrial research and engineering. Extensive R&D infrastructure, a highly qualified workforce, and complete industry value chain integration create an environment that enables companies to develop cutting-edge technologies. Production levels in the food, retail & distribution, automotive, and aviation industries have witnessed significant growth in Europe and are projected to increase further in the future.

Key Market Players

Daifuku Co., Ltd. (Japan), Continental AG (Germany), Siemens AG (Germany), Fives Group (France) and Metso Outotec (Finland) are expected to be the market leaders. These players have adopted strategies such as innovation, strong supply chain network, new product development, expansions, partnerships, agreements, and acquisitions to increase their share and diversify and strengthen their business networks in the Conveyor System Market.

Browse Related Reports:

Automated Material Handling (AMH) Equipment Market by Product (Robots, ASRS, Conveyors and Sortation Systems, Cranes, WMS, AGV), System Type (Unit Load, Bulk Load), Industry and Region (2022-2027)

Baggage Handling System Market by Mode (Airport, Marine, Rail), Solution (Check-In, Screening & Load, Conveying & Sorting, Unload & Reclaim), Check-In (Assisted, Self), Conveying (Conveyor, DCV), Tracking (Barcode, RFID), Region – Global Forecast to 2025

SECO and Exein: a partnership to raise customer solutions’ security levels

June 6, 2022 Published by Roboticulized.com

At the Embedded World Exhibition & Conference 2022, SECO and Exein will present their strategic partnership to offer an innovative security ecosystem for the Internet of Things.

Starting June 21st, both companies will be in Nuremberg at one of the world’s top trade shows for embedded systems and distributed intelligence.

At the Embedded World, visitors can find global pioneer for IoT and Artificial Intelligence (AI) solutions SECO at booth 1-320; and Exein, a leading firm for embedded security with headquarters in Rome and San Francisco, at booth 4-438.

Exein has developed an open-source, innovative solution for detecting and neutralizing cyber risks for IoT devices, from the design stage all the way through deployment and management.

Its technology protects on-field devices from cyber dangers without interfering with their operational status.

Thanks to this collaboration, Exein solutions will be integrated into SECO’s products, to strengthen the security of both software and hardware components.

As a result, SECO’s edge-to-AI service will offer to its clients enhanced security, safety, and protection.

Starting September 2022, SECO will offer its products with Exein technology integrated, providing clients with a secure-by-design SaaS solution that modulates their investments in the security sector.

“Adding value to the products of our customers is always at the core of our strategy, especially when it comes to increasing the level of protection of their data. By combining our hardware and software products with the solutions developed by Exein, we can offer our customers a secure-by-design solution, allowing them to design personalized and high value-added offers to their own final users”, said Massimo Mauri, CEO of SECO.

Gianni Cuozzo, CEO at Exein echoed

“With this partnership, Exein’s solutions are natively integrated in every SECO hardware and software product, creating the most advanced and secure IoT offerings on the market.

Exein’s technical excellence enables SECO’s clients to create secure products for their own end users. This collaboration reflects SECO’s desire to provide secure-by-design solutions in a very challenging and volatile context.”

SECO

SECO (IOT.MI) develops and manufactures cutting-edge technological solutions, from miniaturized computers to fully customized integrated systems combining hardware and software. SECO also offers Clea, a proprietary end-to-end IoT-AI analytics software suite, made available on a SaaS basis, that allows clients to gather insightful data from their on-field devices in real time. SECO employs almost 800 people worldwide and operates through 5 production plants, 9 R&D hubs and sales offices in 9 countries. SECO serves more than 300 blue-chip customers which are leaders in their respective fields, including Medical, Industrial Automation, Aerospace & Defense, Fitness, Vending and many other sectors. SECO R&D capabilities are further enhanced by long-lasting strategic partnerships with tech giants and collaborations with universities, research centers, and innovative start-ups. Corporate social responsibility is part of the strategy of SECO, that undertakes several actions to reduce its environmental footprint and increase its impact on its people and local communities.

For more information: http://www.seco.com/

Exein

Exein operates in the cybersecurity sector, with the goal of developing the first ecosystem for the embedded security. Operating between the Rome and San Francisco offices, the Exein team is made by engineers and researchers specialized in security, embedded systems development and machine learning. Exein developed Pulsar, the first Extended Detection and Response (XDR) system, specifically designed to ensure performance and security of the IoT devices. Exein also developed Cosmo, a SaaS solution allowing to autonomously evaluate the cybersecurity posture of IoT devices, directly on the field and without the access to the source code. Every day the solutions developed by Exein make more than 600.000 devices secure and are adopted by more than 20.000 developers worldwide. Exein is supported in its growth by a group of institutional investors including United Ventures, eCapital and Future Industry Ventures.

For more information: https://www.exein.io/

Nunzia Cassese
CMO, Exein
+39 3509955049|
[email protected]
Website: https://exein.io/

Logo – https://wireup.zone/wp-content/uploads/2022/06/echo/Exein_Logo.jpg

SOURCE Exein

LG AND GUGGENHEIM ESTABLISH RESEARCH INITIATIVE AND AWARD FOR ART AND TECHNOLOGY

June 3, 2022 Published by Roboticulized.com

LG and the Guggenheim announce a five-year, multifaceted collaboration to research, honor and promote artists working at the intersection of art and technology. The LG Guggenheim Art and Technology Initiative was introduced and celebrated on June 1, 2022, at the Guggenheim’s annual Young Collector’s Council (YCC) Party. Unique in its areas of concentration and approach, the initiative is an unprecedented investment in technology as an artistic medium, and will enable the Guggenheim to broaden its investigations into this innovative field.

The multi-year initiative will establish the LG Guggenheim Award, which will recognize one artist annually for their groundbreaking achievements in technology-based art. Administered by the Solomon R. Guggenheim Foundation, the award will be juried by an international panel of distinguished museum directors, curators, scholars, and other arts professionals, with the selected artist receiving an unrestricted honorarium of $100,000. The first recipient of the LG Guggenheim Award will be announced at the YCC Party in spring 2023.

As part of the initiative, LG Display will sponsor the Guggenheim’s YCC Party through 2027. The YCC is a dynamic group of young professionals dedicated to supporting the museum’s landmark building, exhibitions, collection, and educational programs. The YCC Party is one of the largest, most glamorous events of the year and raises important funds for acquisitions of artwork. Through its sponsorship of the party, the LG Guggenheim Art and Technology Initiative will provide essential support of the museum’s mission to collect, preserve, and interpret the art of our time, expanding the YCC’s long-standing history of supporting emerging artists. This year, the YCC Party featured atmospheric club designs by artists Jacolby Satterwhite and Tourmaline and transparent OLED displays, with performances by Perfume Genius and Maya Margarita, as well as DJ sets by TT Britt. Future parties will feature additional engagements by rising artists who will incorporate LG OLED technology into their activations of the Guggenheim’s landmark building.

The initiative will also be supported by the appointment of an LG Electronics Assistant Curator, who will take an active role in developing and supporting the Guggenheim’s engagement with digital and technology-based art, under the supervision of the museum’s senior curatorial staff. This newly-created, research-based position will promote a deeper understanding of the ways contemporary artists are engaging with computer-based hardware, the internet, augmented and virtual reality software, artificial intelligence, the metaverse, and other burgeoning technologies. Not only managing the LG Guggenheim Award process, the LG Electronics Assistant Curator will work with the museum’s education, conservation, and communications departments to develop scholarship and other public-facing content that will support and enhance the initiative.

The LG Guggenheim Art and Technology Initiative reflects the Solomon R. Guggenheim Foundation’s distinguished history of global collaborations, as manifested today in its international network of museums and programs. Through the sustained support of a long-term partnership with the Guggenheim, LG aims to help usher in a new wave of digital creativity, combining cutting-edge solutions from LG Electronics and LG Display with the unmatched artistic sensibilities of the Guggenheim.

Seol Park, Head of Brand Management of LG Corp. comments, “We are thrilled to collaborate with the Guggenheim Museum to support creativity in the digital age. LG’s commitment to realizing technologies that touch people’s lives is very much in line with the Guggenheim’s dedication to highlight era-defining artistic expressions. We look forward to making available our exclusive innovations to the creative community and helping define the role of technology in this century as the enabling medium for human expressions and experiences.”

Naomi Beckwith, Deputy Director and Jennifer and David Stockman Chief Curator, comments, “We are especially proud to be partnering with LG on this initiative, which builds on the Guggenheim’s rich history of innovative, artist-driven programs. By promoting scholarship and public engagement, the LG Guggenheim initiative will provide essential support to the visionary artists who inspire new understanding of how technology shapes and is shaped by society.”

neuraxpharm-appoints-alfredo-baron-as-country-manager-for-spain

Neuraxpharm appoints Alfredo Barón as Country Manager for Spain

June 3, 2022 Published by Roboticulized.com

Neuraxpharm Group (Neuraxpharm), a leading European specialty pharmaceutical company focused on the central nervous system (CNS), has appointed Alfredo Barón as the new Country Manager of Neuraxpharm Spain, replacing Javier Mercadé who has been appointed Head of Growth Markets for developing markets such as Portugal, Greece, Switzerland, Ireland and the Nordic countries.

As the new Country Manager of Neuraxpharm Spain, Barón will be responsible for continuing to expand the business in Spain and leading the launch of new, innovative product lines in the country.

Alfredo Barón has more than 20 years of experience in the pharmaceutical sector, both in Spain and internationally. Previously, Barón was at international pharmaceutical company Almirall, where he held numerous positions including, most recently, Executive Vice President of Global Commercial Operations and Chief Commercial Officer, as well as Director of Sales and Marketing Manager, Corporate Managing Director for South and Eastern Europe (2011-2014), Executive Vice President and Managing Director Europe (2014-2017). Barón has a Bachelor’s Degree in Molecular Biology from the University of the Balearic Islands, and has received training in business management with an MBA from ESADE and a GMP from IESE.

Javier Mercadé will now hold the position of Head of Growth Markets at Neuraxpharm to lead the growth of the new markets in which the company is present, such as Portugal, Greece, Switzerland, Ireland and the Nordic countries, sharing his extensive knowledge and experience of more than 25 years in the pharmaceutical sector and after having led the growth of Neuraxpharm Spain since its very beginnings. Mercadé will continue to carry out his work as Executive Advisor for the CEO of Neuraxpharm.

Dr Jörg-Thomas Dierks, Chief Executive Officer of Neuraxpharm, stated: “We are extremely proud to announce the appointment of Alfredo Barón as the new Country Manager of Neuraxpharm Spain. We are convinced that, with his experience and his ability to nurture talent, he will contribute to the expansion of the business in Spain and will lead new challenges. I also want to thank Javier Mercadé for all the great work he has done over the years, and congratulate him on his new position. I am sure that he will do a great job contributing to the growth and consolidation of new markets.”

Alfredo Barón, Country Manager of Neuraxpharm Spain, expressed: “I am excited and grateful for the trust that Neuraxpharm has placed in me and to be part of this team. It is an honour to continue the work that Javier Mercadé has done over the years, continuing to develop the business in Spain and successfully facing the new challenges that arise.“

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LG AND GUGGENHEIM ESTABLISH RESEARCH INITIATIVE AND AWARD FOR ART AND TECHNOLOGY

Neuraxpharm appoints Alfredo Barón as Country Manager for Spain

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