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Global Hyper Automation Market is Predicted to Grow at a CAGR of ~18% during 2022-2031; Increasing Development of Automation Technologies, Improved IoT Adoption, and Digitalization to Elevate Growth – Research Nester

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New York, Aug. 12, 2022 (GLOBE NEWSWIRE) — Research Nester has published a detailed market report on ‘Global Hyper Automation Market’ for the forecast period, i.e. 2022 – 2031 which includes the following factors:

  • Market growth over the forecast period
  • Detailed regional synopsis
  • Market segmentation
  • Growth drivers
  • Challenges
  • Key market players and their detailed profiling

Global Hyper Automation Market Size:

The global hyper automation market is estimated to grow at a CAGR of ~18% over the forecast period. The growth of the market can be ascribed to growing need for automated operations across industries. Hyper automation is the process of automating numerous businesses and IT operations through the multiple technologies, tools, or platforms, including artificial intelligence (AI). Additionally, the growing IT industry across the globe is estimated to propel market growth over the ensuing years. It was found that in the USA, more than 40,000 new enterprises were established in 2018 in the field of IT. Besides, the rising demand for automation across end-user sectors, the use of robotics, is also predicted to boost global hyper automation market growth over the forecast period. It was noticed that in the automobile sector around 250 to 350 robots are used for the production line to increase the overall production output.

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Global Hyper Automation Market: Key Takeaways

  • Asia Pacific region gains noteworthy market share
  • Artificial Intelligence (AI) segment to dominate the revenue graph
  • Manufacturing segment remains prominent in the End-user segment

IoT Integration and Digitalization to Boost Market Growth

The global hyper automation market is anticipated to accelerate over the forecast period on account of increasing usage of IoT as it enables businesses and governments to access location-based data in real-time and connects them to all smart potentials, including smart cities, smart transportation, and smart utilities. Moreover, the growing government efforts towards Moreover, the growing government efforts and increasing investments to make smart cities on a prior basis are estimated to drive the market growth. For instance, India’s Smart Cities Mission got over USD860 million in the Union Budget 2021–22, up from nearly USD450 million in FY21.

Further, the rising penetration of digitalization, backed by growing demand for higher efficiency and low operating cost is considered to be one of the main growth drives for global hyper automation market during the forecast period. Many companies are adopting hyper automation to build autonomous vehicles. It is believed that, by 2025, completely autonomous vehicles are estimated to gain a boost in market share and are predicted to cover 20% of the market share.

For more information in the analysis of this report, visit: https://www.researchnester.com/reports/hyper-automation-market/3960

Global Hyper Automation Market: Regional Overview

The global hyper automation market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.

Increasing Demand for AI Services to Drive Growth in the Asia Pacific Region

The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the basis of expanding demand for AI-based services in the manufacturing, telecom, and healthcare sectors, combined with rising acceptance of innovative technologies across the region. For instance, China has nodded to invest approximately USD 155 billion in the AI industry by 2030. Further, the increasing investment in research and development activities in the region is predicted to drive market growth during the forecast period.

Increasing Availability of Advanced Technology to Drive Growth in the North America Region

Moreover, the market in North America region is estimated to gain the largest market share over the forecast period owing to the increasing availability of advanced technology, and significant presence of key market players in the region. In addition to this, the rising investment in AI, Robotic Process Automation (RPA), and Intelligent Process Automation (IPA) are anticipated to boost the market growth throughout the forecast period. According to estimates, the cost of IPA was predicted to reach over USD 10 billion in the year 2021. While the company activities involving robotic process automation (RPA) and AI were anticipated to remain nearly USD 5 billion and USD 4.1 billion in the same year.

Get a Sample PDF of Hyper Automation Market Report@ https://www.researchnester.com/sample-request-3960

The study further incorporates Y-O-Y growth, demand & supply and forecast future opportunity in:

  • North America (U.S., Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)
  • Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

Global Hyper Automation Market, Segmentation by Technology

    • Robotic Process Automation (RPA)
    • Artificial Intelligence (AI)
    • Machine Learning (ML)
    • Biometrics
    • Chatbots
    • Natural Language Generation (NLG)
    • Others

Over the course of the forecast period, the artificial intelligence segment is predicted to hold a substantial market share on account of the growing acceptance of AI across a range of end-user industries, including healthcare, manufacturing, and automotive. For instance, the intersection of scientific evidence and human judgment has been long present in healthcare. Artificial intelligence (AI) developments are bringing those two aspects closer than ever, and the industry is experiencing the benefits of the same. Also, the patient usage of digital health apps is predicted to increase more than 30% over the next three to five years owing to greater reliance on personalized care delivery. Further, the increasing investment by key market players in the field of innovation for every sector is anticipated to boost the segment growth over the forecast period.

For more insights on the market share of various regions: https://www.researchnester.com/sample-request-3960

Global Hyper Automation Market, Segmentation by End-User

    • BFSI
    • Retail
    • Manufacturing
    • Automotive
    • Healthcare
    • Others

Among these, the manufacturing segment is estimated to hold the largest market share over the forecast period. In recent times, the increasing usage of automation in the manufacturing sector is booming and a number of manufacturing organizations are implementing automation to reduce operational expenditure and increase production.

Some of the food and product manufacturing companies are going the extra mile to make everything automated. They are using automation for supply chain, inventory management, and purchase and payment processing for the goods. It is estimated in one of the surveys that by 2035, artificial intelligence (AI) in FMCG will boost productivity higher than 41% and profitability by almost 40%.

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Few of the well-known market leaders in the global hyper automation market that are profiled by Research Nester are Solvexis Ltd., Microsoft Corporation, SAP SE, International Business Machines Corporation, Rockwell Automation Inc., Allerin tech Pvt. ltd., Wipro Ltd., Infosys Ltd., Infosys Ltd., OneGlobe LLC, and others.

Recent Developments in the Global Hyper Automation Market

  • In June 2022, to advance and scale up the Artificial Intelligence (AI) and Machine Learning (ML) based content localization solution, Wipro Limited, a top provider of technology services and consultancy, and Eros Investments announced the signing of an alliance agreement.
  • In August 2022, Sydney Living Lab, a high-tech co-creation place for digital innovation, has opened as part of a network of over 20 facilities globally, including Melbourne, by Infosys, a global leader in next-generation digital services and consulting.

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About Research Nester

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

Contact for more Info:
AJ Daniel
Email: [email protected]
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919

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Ancoris Recognised as Top Place to Work for Second Year Running by The Sunday Times

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Ancoris recognised for fostering a sense of empowerment and respect within the workplace91% of Ancoris employees feel empowered at work93% of employees say that are treated with respectLONDON, May 21, 2024 /PRNewswire/ — Ancoris, a UK-based Google Cloud services provider, has been named a Top Medium Business in The Sunday Times 2024 Best Places to Work list. The accolade has been awarded for the second year in a row, and recognises Ancoris’ focus on DEI; its commitment to empowerment, reward, and recognition; and its wellbeing policies and frameworks.

“I am so pleased to see Ancoris recognised, once again, as a top place to work!” says Andre Azevedo, Ancoris CEO. “Ancoris is a place where we try our best to foster collaboration, empowerment, innovation, and respect – so to have our employees echo this and respond in the way they have is amazing.”
The Sunday Times survey captured Ancoris employees’ responses in a number of categories: Reward and Recognition, Information Sharing, Empowerment, Wellbeing, Instilling Pride, and Job Satisfaction. The independently managed survey showed Ancoris scoring “excellent” across all six engagement categories, with top scores in Empowerment, Wellbeing, Reward & Recognition. In response, 93% of employees say they are treated with respect; 92% feel trusted and able to make decisions; and 91% of employees feel empowered at work.
“We’ve seen a lot of change over the last 12 months. The rise of Generative AI has caused shifts in our market and  economic conditions are causing customers to really qualify where they make technology investments. These pivots undoubtedly have an impact on our employees and how people feel at work,” Azevedo continues. “I truly believe, however, the innovative work we are doing for our customers has helped us maintain and create an even stronger sense of collaboration and pride for our team members. We’re lucky to have so many smart people within our business, so continuing to give them interesting, challenging, and rewarding problems to solve for our customers is really key.”
About AncorisAncoris is a leading Google Cloud Services Provider, headquartered in the UK, on a mission to become the most innovative Google Cloud partner in the ecosystem. Ancoris leverages its strong problem solving skills and continuous improvement approach to help customers become AI Native and stay ahead of their competition. Ancoris has extensive experience in Google Cloud technologies helping enterprises integrate AI-native solutions into their business through expertise in Data & AI, Application and Infrastructure Modernisation, Workspace, and Maps. Ancoris was recognized as a Rising Star for Data, Analytics, and Machine Learning in the ISG Provider™ Lens for Google Cloud Partner Ecosystem in 2022 and 2023 consecutively, and awarded Google Cloud’s 2024 EMEA Public Sector Partner of the Year award. Ancoris employs the best in the business and was named in the Top 10 Sunday Times Best Places to Work 2023, and a Top Place to Work in 2024.
Contact: Holly [email protected]
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Department of Health – Abu Dhabi Partners with Roche Pharmaceuticals Middle East to Elevate Research, Clinical Trials, and Real-World Data

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ABU DHABI, UAE, May 21, 2024 /PRNewswire/ — The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, signed a Memorandum of Understanding (MoU) with Roche Pharmaceuticals Middle East during Abu Dhabi Global Healthcare Week (ADGHW). Under the MoU, the two entities will advance critical research using real-world data to study and assess the spinal muscular atrophy burden in Abu Dhabi, as well as assessing potential conduction of research and the facilitation of real-world data collection to monitor Duchenne Muscular Dystrophy (DMD) disease.

 
 
In the presence of Dr. Rashed Alsuwaidi, the Executive Director of the Healthcare Workforce Planning Sector at DoH and Michael Oberreiter, Head of Global Access at Roche Pharmaceuticals, the MoU was signed by Dr. Asma Al Mannaei, the Executive Director of the Research and Innovation Centre at DoH and Mohamed Elshaarawy, General Manager Roche Pharmaceuticals, UAE.
Dr. Asma Ibrahim Al Mannaei, Executive Director of the Research and Innovation Center at the at DoH said: “Abu Dhabi has a track record of excellence and fast-growing, future-forward, data-enabled services. Serving as a hub for healthcare data, Abu Dhabi’s substantial computing power enables it to harness the potential within this data, transforming it into valuable information. This, in turn, allows us to innovate and develop novel approaches to shift healthcare towards prediction, prevention, and treatment, thereby accelerating the future of healthcare, not only for Abu Dhabi but for the global community. Through international collaborations, Abu Dhabi seeks to lead research groups supported by global partners to explore the resilience and sustainability of the healthcare sector worldwide as well as expand access to quality care for patients around the world.”
The two entities will work together to support the evolution of real-world data collection frameworks in Abu Dhabi. Enhancing DoH’s ability to track and monitor outcomes of therapies will support DoH in making informed clinical and policy decisions for better optimisation of patient outcomes. Furthermore, DoH and Roche will strengthen the research network across Abu Dhabi and improve accrual for potential clinical trials.
Mohamed Elshaarawy, General Manager Roche Pharmaceuticals, UAE said: “This MoU underscores our collaboration with the DoH which is fuelled by a shared vision of harnessing the power of data to drive informed decision-making within the healthcare system. Data-driven healthcare systems hold immense potential to revolutionise patient care and outcomes. Through the generation, utilisation, and realisation of data, healthcare professionals and policymakers can unlock valuable insights, identify trends, and make evidence-based decisions. This data-driven approach enables us to optimise resource allocation, personalise treatment approaches, and ultimately achieve better patient outcomes. By harnessing the full potential of data, we can improve the overall efficiency and effectiveness of the healthcare system, ensuring that every patient receives the highest quality of care tailored to their specific needs. We are sincerely grateful for the trust, confidence, and empowerment the DoH has placed in establishing this effective public-private partnership with Roche in the UAE.”
Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, ADGHW is a major government initiative by the DoH, which took place from the 13th -15th May 2024.
For more information please visit: https://www.adghw.com/
About Department of Health – Abu Dhabi (DoH):
The DoH is the regulatory body of the healthcare sector at the Emirate of Abu Dhabi and ensures excellence in healthcare by monitoring the health status of the population. DoH defines the strategy for the health system, monitors and analyses the health status of the population and performance of the system. In addition, DoH shapes the regulatory framework for the health system, inspects against regulations, enforce standards, and encourages adoption of world-class best practices and performance targets by all healthcare service providers in the Emirate. DoH also drives programmes to increase awareness and adoption of healthy living standards among the residents of the Emirate of Abu Dhabi in addition to regulating scope of services, premiums and reimbursement rates of the health system.
For further information on DoH, visit https://www.doh.gov.ae/ and follow on X, Instagram, Facebook, LinkedIn and YouTube.
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Biopharma Leaders Shape the Future of Drug Development at Veeva R&D and Quality Summit Europe

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Ascendis, Bayer, Boehringer Ingelheim, Jazz Pharmaceuticals, Novo Nordisk, Sanofi, and Teva to keynote sharing innovations to drive better patient outcomes
BARCELONA, Spain, May 21, 2024 /PRNewswire/ — Veeva Systems (NYSE: VEEV) today announced that leaders from Ascendis Pharma A/S, Bayer, Boehringer Ingelheim, Jazz Pharmaceuticals, Novo Nordisk, Sanofi, and Teva will be keynote speakers at Veeva R&D and Quality Summit, Europe, June 4-5 in Madrid, Spain. Life sciences professionals across the industry will come together to share how connected technologies across clinical, regulatory, safety, and quality are advancing innovations for patients.

As one of the largest gatherings of biopharma leaders in Europe, Veeva R&D and Quality Summit will bring together over 1,000 industry professionals to share learnings across more than 100 sessions. Bayer and Jazz Pharmaceuticals will join Rik Van Mol, senior vice president of Veeva Development Cloud, and Avril England, general manager of Veeva Vault, for the opening keynote to explore the future of development for new medicines and therapies.
The event’s zone keynotes include:
Ascendis and Bayer, sharing strategies to reduce costs and accelerate trials with a connected platform.Boehringer Ingelheim, detailing its shift toward data-centric regulatory information management.Novo Nordisk, showing how it uses data and AI to transform clinical research.Sanofi, explaining its innovative approach to advance quality through operational excellence.Teva, providing insight into its rapid journey from disparate safety systems into one streamlined global solution.A panel with Elpida Therapeutics CEO Terry Pirovolakis and Veeva experts will close the event with a discussion on how the industry can best accelerate the development of life-saving rare disease gene therapies.
“Connecting clinical, regulatory, safety, and quality is key to advancing the product lifecycle and delivering better outcomes for patients,” says Rik Van Mol, senior vice president of Veeva Development Cloud. “At Veeva R&D and Quality Summit, biopharma leaders can connect, exchange ideas, and share new strategies to advance the industry forward together.”
Veeva R&D and Quality Summit is open exclusively to life sciences professionals. Register and review the agenda at veeva.com/eu/Summit.
Additional InformationConnect with Veeva on LinkedIn: linkedin.com/company/veeva-systems
About Veeva SystemsVeeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world’s largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com/eu.
Veeva Forward-looking StatementsThis release contains forward-looking statements regarding Veeva’s products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-K for the fiscal year ended January 31, 2024, which you can find here (a summary of risks which may impact our business can be found on pages 9 and 10), and in our subsequent SEC filings, which you can access at sec.gov.
Contact:
Jeremy WhittakerVeeva [email protected]
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