Artificial Intelligence
New to The Street Announces its 402nd Show, Five Corporate Interviews, Airing on the Fox Business Network, Tonight, Monday, October 31, 2022, at 10:30 PM PT
NEW YORK, Oct. 31, 2022 (GLOBE NEWSWIRE) — New to The Street, a nationally syndicated TV show, announces episode #402 airing tonight, Monday, October 31, 2022, at 10:30 PM PT on the Fox Business Network.
New to The Street’s 402nd TV episode features the following five (5) Companies and their representatives:
1). Ecology Solutions- The Sustainable Green Team (OTC: SGTM) ($SGTM) and VRM BioLogik Group, a Corporate documentary.
2). “Unstoppable Show” – Deviate Digital Agency’s interview with Jonas Muthoni, Founder.
3). GOLD – Glint Pay’s interview with Jason Cozens, CEO.
4). Email/Messenger Privacy Solutions – Sekur Private Data, Ltd.’s (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) interview with Alain Ghiai, CEO.
5). Auto Parts Marketplace – Auto Parts 4Less Group, Inc.’s (OTCQB: FLES) ($FLES) interview with Christopher Davenport, CEO.
Episode #402
Tonight, New to The Street airs the Corporate documentary on the business relationship between The Sustainable Green Team (OTC: SGTM) ($SGTM) and Australian Company VRM BioLogik Group. Kellie Walters, CEO of the VRM BioLogik Group, explains their Company’s mission in restoring topsoil’s water content and nutrition for 25% of the globe’s arable lands. The Founder/President of VRM BioLogik Group dedicated over 30 years to developing and deploying the HumiSoil product to improve all soil types and increase worldwide agricultural yields. In 2020, the team at VRM BioLogik met with The Sustainable Green Team, a US-based Company that creates eco-friendly, sustainable solutions from agricultural tree waste. With an established 30+ year market presence in the US, The Sustainable Green Team’s CEO, Tony Raynor, and his wife, Tami Raynor, entered into collaboration with VRM BioLogik. The Sustainable Green Team will utilize VRM BioLogik Group’s hydrosynthesis technology in the US to create the HumiSoil product for sales and distribution in the North American marketplace. With Earth’s population of about eight billion people, farmable land is becoming scarce, and with both entities working in tandem, they can expand the revolutionary HumiSoil’s agricultural reaches. Taking green wastes and food byproducts and converting them using VRM’s hydrosynthesis technology, “Growing Water,” for the masses can create sustainable solutions for food production. The documentary gives views on the ecological visions of both entities and shows the practical solutions now available. Websites: VRM BioLogik Group – https://www.vrm.science/ and The Sustainable Green Team – https://www.thesustainablegreenteam.com/.
New to The Street tonight airs its “Unstoppable – Show” from the Nasdaq MarketSite studio, with TV Co-Hosts Jane King and Rhonda Swan interviewing Jonas Muthoni, Founder of Deviate Digital Agency. Jonas gives viewers an understanding of the Company, which creates digital solutions to help businesses with brandings to increase and dominate their online market footprint. Through innovative strategies developed by Deviate Digital Agency’s experienced team and their use of cutting-edge technologies, their clients can expect organic growth and web traffic. Online marketing is a must in today’s business environment. Deviate Digital, which partners with its clients, implements an SEO (Search Engine Optimization) strategy as the key to growing a web presence. Jonas advises clients not to look at dominating competition but focus on their strengths, developing unique strategies to build their brands and expand markets. Clients see an ROI (Return on Investment) using Jonas and his team’s optimization strategies, website design /development, paid ads, and professional social media marketing tools. Deviate Digital Agency can assist if a company needs a better way to find and retain customers. The on-screen QR code is available during the show; download or visit Deviate Digital Agency – https://deviateagency.com/. The segment is an updated version of the original interview, which aired on October 24, 2022.
On tonight’s New to The Street, TV Host Jane King interviews Jason Cozens, CEO at Glint Pay, from the Nasdaq MarketSite. Glint Pay is the only worldwide payment platform that uses allocated GOLD for everyday purchases. Jason explains how anyone can own gold and use that holding to pay for daily goods and services. The Glint Pay App is available to everyone 18 years and older, and once approved, account holders, can buy, sell, save, spend, and send GOLD holdings with minimal fees using a debit Glint MasterCard. Each account holder’s GOLD is stored in secure vaults in Switzerland and insured. Each time a transaction occurs, that percentage changes the gold amounts held on account. Jason has seen an 85% devaluation of the US dollar in his lifetime. He became very aware of the structural limitations of the financial system during the financial housing crisis in 2008. Jason saw a patchwork of central bank efforts to prop up struggling economies through fiat money manipulations, increasing money supply and inflationary effects. Each Glint account holder, in essence, creates an individualized gold standard for themselves while protecting their purchasing power from being destroyed by economic pressures worldwide. Inflation is a significant tax on everyone worldwide; get the Glint App and defend yourselves from fiat monetary issues. Download the app to buy, save, spend, and send real GOLD and Fiat currencies digitally with Glint. The on-screen QR code is available during the show; download or visit Glint Pay – https://glintpay.com/en_us/.
On the New to The Street show tonight, Mr. Alain Ghiai, CEO Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0), is with TV Host Jane King at the New York Stock Exchange studio. Sekur Private Data, Ltd.’s Sekur® cybersecurity software products give end-users secure email and text massage solutions. Big Tech social media platforms are always in the news for various reasons. Kanye West (Ye) recently stated his intent to buy the social media platform Parlor. The saga with Elon Musk’s tentative take-over of Twitter continues. Hackers love these open-source social media platforms to spread malware and other electronic infections designed to steal personal data. Alain explains that hackers use very sophisticated AI (Artificial Intelligence) programs to monitor accounts; they know the suitable topics to attract interest to get one to open emails or download a site full of intended harm. Hackers like two main subject matters: financial/taxes and political. Emails and posts with these topics get the most actions where hackers gain access to your devices and data. Alain reminds viewers to be diligent, look at the email/post, and ensure legitimacy before engaging a response; do not click anything if you are unsure. These simple steps will certainly reduce your chances of becoming a hack attack victim. The best defense is using the Company’s SekurMail and SekurMessenger, a military-encrypted closed-loop system. Subscription fees are as low as $7.00 per month. Sekur Private Data doesn’t use any Big Tech open-source software, never mines data, never uses 3rd party providers, and never asks for a phone number from a subscriber for services. The Company owns, controls, and operates its servers in Switzerland, a country with the most stringent privacy laws in the world. The on-screen QR code is available during the show to download more info or visit Sekur Private Data, Ltd. – https://www.sekurprivatedata.com/ and Sekur®– http://www.Sekur.com.
New to The Street airs on tonight’s show TV Host Jane King’s Nasdaq MarketSite studio interview with Christopher Davenport, Chief Executive Officer of Auto Parts 4Less Group, Inc. (OTCQB: FLES) ($FLES). Christopher explains the uniqueness of the Company’s online auto-part marketplace, AutoParts4Less.com. He describes how the Company evolved from its single-source product eCommerce site LiftKits4less.com into its growing marketplace platform. He explains the difference between eCommerce single-source sites and Marketplace platforms. The Company’s technology-driven platform enables buyers and sellers to interact in selling parts for cars, trucks, motorcycles, ATVs, UTVs, and boats. As an eCommerce marketplace platform where buyers buy and sellers sell, the Company works to attract large entities that onboard their products onto the site. The site is adding almost 3 million parts to the platform, and Auto Parts 4Less can offer buyers/sellers a seamless interaction platform. With no competitors, Auto Parts 4Less seeks to grow itself organically from its users, part buyers, and sellers. The platform earns revenues from reasonable percentages of each buyer and seller transaction. The Company has low operational costs with no warehousing and shipping expenses. The Company publicly trades on the OTCQB with the trading symbol FLES. The on-screen QR code is available during the show; download or visit Auto Parts 4Less Group, Inc. – https://www.the4lessgroup.com/, https://www.autoparts4less.com/ & https://liftkits4less.com/. The segment is an updated version of the original interview, which aired on October 17, 2022.
About The Sustainable Green Team, Ltd. (OTC: SGTM) ($SGTM)
The Sustainable Green Team, Ltd. (OTC: SGTM) ($SGTM) is an emerging provider of environmentally beneficial solutions for preserving natural resources and the municipal waste and recycling industries. The Company is a wholesale manufacturer and supplier of wood-based mulch and lumber products, primarily in the Midwest, Southeast, and Ohio Valley regions. The Company also provides arbor care and storm recovery services to municipalities, corporations, and consumers, primarily in the southeastern United States. The Company plans to expand its operations through organic growth and strategic acquisitions that are both accretive to earnings and positioned for rapid growth from the resulting synergistic opportunities identified. The Company’s customers include governmental, residential, and commercial clients – https://www.thesustainablegreenteam.com/.
About VRM BioLogik Group:
Since 1987, VRM BioLogik has developed and implemented technological advances globally that catalyze natural reactions, aiding in soil restoration, resolving environmental emergencies, and cleaning through attaining and sustaining ecosystem balance. VRM’s agricultural product range works to enhance crop yield while restoring the nutrients in soils naturally. Its cleaner product range naturally removes residues from surfaces that harbor viruses and pathogens. The environmental management product range works to address and amend difficult environmental circumstances, including balancing wastewater, control of odor and organics digestion during emergency spills, and eliminating odors. VRM’s livestock product range is a probiotic approach to environmental management in intensive growing situations – https://www.vrm.science/.
About Glint Pay:
Glint Pay allows the client to choose a monetary position in currency or gold as money. Clients can buy, save, exchange, and spend global currencies and gold at cheaper rates than banks. Glint is reliable and gives you more financial choices and more freedom. In addition to Glint Pay’s ground-breaking gold currency, their app offers clients the freedom to save in USD and gold. Clients can exchange between them in seconds, on the move, and always get the real exchange rate and low, transparent fees. Use the Glint card to spend the money saved in wallets in more than 150 currencies, anywhere around the world that accepts Mastercard with only a 0.5% transaction fee. Glint is an Electronic Money Institution authorized by the Financial Conduct Authority (FAC) in the United Kingdom –https://glintpay.com/en_us/.
About Deviate Design Agency:
Deviate Design Agency is a specialized team with one of the most robust branding, digital marketing, and social media strategies practiced in the entire industry. The Agency corner the market with very exclusive learned skill sets known by only a few in the marketing world. Its experts deliver some of the most effective campaigns ranging from global enterprises to today’s up-and-coming startup businesses. Deviate Design Agency’s seasoned professional marketing, advertising, design, and web experts provide a full spectrum of marketing services, from massive social media presence and strategic planning to the design and development of ads, websites, and print collateral that perform. With all their information, Deviate Design knows what the marketplace responds to and can quickly create a financial lift for their clientele. They seek to get to know their clients and build long-term working relationships – https://deviateagency.com/.
About Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0):
Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) is a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure communications and secure data management. The Company distributes encrypted emails, secure messengers, secure communication tools, secure cloud-based storage, disaster recovery, and document management products. The Company sells and serves consumers, businesses, and governments worldwide through approved wholesalers, distributors, and telecommunications companies. Contact Sekur Private Data, Ltd. at [email protected] or visit https://www.sekurprivatedata.com and https://www.sekur.com.
About Auto Parts 4Less Group, Inc. (OTCQB: FLES) ($FLES):
Auto Parts 4Less Group, Inc. (OTCQB: FLES) ($FLES), through their wholly owned subsidiary Auto Parts 4Less, Inc., is the operator of an aftermarket auto parts eCommerce site LiftKits4less.com, for trucks and jeeps, which they have operated for approximately seven years, as well as AutoParts4Less.com, a multi-seller marketplace dedicated to automotive parts that they are in the process of launching now. AutoParts4Less.com offers buyers a wide range of automotive parts for cars, trucks, boats, motorcycles, and RVs on a single platform. The Company expects its automotive marketplace to eventually have millions of unique SKUs for sale and multiple sellers for most SKUs listed. These platforms should provide buyers with more options at lower prices. The Company is developing best-in-class technological modules to increase visitor conversions by adding how-to content and other website services. The marketing and branding strategy entails SEO traffic, pay-per-click, and the sponsorship of multiple drivers in NASCAR motorsports. The AutoParts4Less.com marketplace is highly scalable and can take advantage of the network effect, meaning as more sellers participate on the platform, it will attract more sellers and thus more buyers – https://www.the4lessgroup.com/, https://www.autoparts4less.com/ & https://liftkits4less.com/.
About New to The Street:
New to the Street is an FMW Media production that operates one of the longest-running US and International sponsored and syndicated Nielsen Rated programming television brands, “New to The Street,” and its blockchain show, “Exploring The Block.” Since 2009, these brands have run biographical interview segment shows across major U.S. television networks. The paid-for-television programming platforms can potentially reach over 540 million homes in the US and international markets. FMW’s New to The Street / Newsmax televised broadcasting platform airs its syndication on Sundays at 10 -11 AM ET. FMW is also one of the nation’s largest buyers of linear television, long and short-form paid programming – https://www.newsmaxtv.com/Shows/New-to-the-Street & https://www.newtothestreet.com/.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
CONTACT:
FMW Media Contacts:
Bryan Johnson
+1 (631) 766-7462
[email protected]
“New to The Street” Business Development Office.
1-516-696-5900
[email protected]
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Artificial Intelligence
Free Your Hands, QIDI Vida Smart AR Glasses Lead the Way in New Sports Experience.
NEW YORK, April 19, 2024 /PRNewswire/ — Outdoor smart AR glasses, QIDI Vida, will officially launch on 23rd April on the Kickstarter platform. QIDI Vida integrates the many functions of smart watches, sports headphones, cycling computers, heart rate monitors, and walkie-talkies using AR+AI technology, allowing users to bid farewell to cumbersome device management and enjoy outdoor sports anytime, anywhere with just one pair of glasses.
Function:
QIDI Vida uses high-tech HUD (Head-Up Display) which is similar to the technology used for aircrafts and premium cars and introduces it to the sports industry. Users can activate the HUD function at any time using voice control, enabling them to focus on the route ahead whilst simultaneously having access to information such as navigation, speed, heart rate, power and cadence, among other metrics. Another great function of the QIDI Vida is that users can also enjoy audiovisual entertainment through the optically perceived 100-inch AR HUD screen, when having some down time.
As cyclists and hikers often travel in groups, QIDI Vida supports eSIM and team functionality, allowing real-time voice communication without releasing handlebars, and users can monitor their groups’ real-time locations. The glasses also have comprehensive sensing and monitoring capabilities including temperature, humidity, UV, air pressure, geomagnetism and acceleration. In addition to obtaining environmental and health information, it also features health warnings such as altitude sickness symptoms and high heart rate, as well as fall and collision detection functions. And, in the event of danger, it can send distress signals to teammates.
Perks:
QIDI Vida has a global voice recognition and interaction feature that allows you to control all functions within the device by voice. To better provide users with an immersive sports experience, QIDI Vida’s intelligent system will have the capability to instantly gather personalised sports data, enabling it to deliver timely voice alerts and broadcasts, including the duration of exercise, distance, the environment and the weather – all tailored to the user’s preferences.
QIDI Vida enables voice-controlled photos and video recordings, allowing users to capture moments whilst cycling or hiking without the need to stop. QIDI Vida supports connections with common cycling smart hardware such as Garmin, Wahoo, Apple, and Samsung, supports GPX route files, and is compatible with professional sports apps such as Strava, Keep, Zwift, Apple Health, and All Trails.
QIDI Vida stands out for its lightweight and comfortable design with a dual lens for a full-colour data display, unlike competing AR glasses that typically have a single lens and limited colour. This innovation significantly enhances and augments the user’s sports and reality experience.
QIDI Vida will launch on the Kickstarter platform: https://www.kickstarter.com/projects/109560964/qidi-vida-smart-ar-glasses-for-sports
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Artificial Intelligence
Risk Analytics Market worth $180.9 billion by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, April 19, 2024 /PRNewswire/ — The growing use of real-time monitoring and advanced analytics, integration with cutting-edge technologies like blockchain and IoT, and an emphasis on cybersecurity, cross-industry applications, and regulatory compliance are the key factors that will shape the risk analytics market in the future. The market’s development will also be influenced by collaborative risk management, improved user experience, and an increasing focus on ESG factors and risk culture.
The Risk Analytics Market is estimated to grow from USD 59.7 billion in 2024 to USD 180.9 billion in 2029, at a CAGR of 24.8% during the forecast period, according to a new report by MarketsandMarkets™. Several trends fuel the global spread of Risk Analytics. Increasingly Increasing Data Complexity, Rising Cybersecurity Threats and Rising Adoption of Cloud-Based Solutions A growing talent pool of data scientists and engineers is building the necessary tools and infrastructure. Governments are recognizing the potential of risk analytics for economic growth and are investing in research and development. These trends make DI more accessible and valuable, leading to its global adoption.
Browse in-depth TOC on “Risk Analytics Market”260 – Tables 60 – Figures350 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210662258
Scope of the Report
Report Metrics
Details
Market size available for years
2019–2023
Base year considered
2023
Forecast period
2024–2029
Forecast units
USD Billion
Segments Covered
Offering,Risk Type, Risk stages, Vertical, and Region.
Geographies covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies covered
IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US)
By offering the services segment to account for higher CAGR during the forecast period
In the Risk Analytics Market, the highest CAGR of services is fueled by Increasing Complexity of Risks, AI and machine learning advancements, big data analytics integration, business process optimization, cloud-based solutions adoption, data-driven culture, and diverse industry adoption. These trends reflect a global shift towards leveraging data for competitive advantage, driving a continuous need for sophisticated risk analytics services across sectors. As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.
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By Type, GRC software is expected to hold the largest market size for the year 2024
GRC software typically offers comprehensive solutions that cover a wide range of risk management needs, including compliance management, policy management, audit management, and risk assessment. They also provide organizations with enhanced visibility into their risk landscape. Through features such as risk assessment, risk monitoring, and reporting, organizations can identify and prioritize risks more effectively, enabling proactive risk management strategies. GRC software streamlines risk management processes through automation, reducing manual effort and increasing efficiency. Tasks such as risk assessments, control testing, and incident management can be automated, freeing up resources to focus on strategic risk mitigation efforts. the combination of comprehensive functionality, regulatory compliance support, efficiency gains, scalability, integration capabilities, and culture enhancement makes GRC software a preferred choice for many organizations seeking to manage risk effectively.
By Vertical, Healthcare & Life Sciences is projected to grow at the highest CAGR during the forecast period
The Healthcare and Lifesciences is experiencing a surge in the adoption of risk analytics due to a confluence of factors. Healthcare providers and life sciences companies wants to ensure the safety and well-being of patients. Risk analytics helps in identifying potential risks to patient safety, such as medication errors, adverse events, and medical device failures. The healthcare and life sciences industries are heavily regulated, with strict guidelines for patient care, data privacy, drug development, and clinical trials. Risk analytics helps organizations ensure compliance with these regulations by identifying and mitigating risks of non-compliance. Healthcare organizations and life sciences companies also face financial risks associated with fraud, billing errors, revenue cycle management, and reimbursement challenges. Risk analytics helps in detecting anomalies and optimizing financial processes to mitigate these risks.
Asia Pacific is expected to grow at the highest CAGR during the forecast period
The Asia-Pacific (APAC) region is experiencing rapid growth in the Risk Analytics Market, boasting the highest Compound Annual Growth Rate (CAGR). This surge is primarily attributed to rising demand for data-driven decision-making solutions, expanding digital transformation initiatives across industries.. Moreover, the region’s favorable regulatory environment, growing investments in big data analytics, and the integration of advanced technologies like the Internet of Things (IoT) further propel APAC’s dominance in Risk Analytics Market growth.
Top Key Companies in Risk Analytics Market:
The major risk analytics software and service providers include IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US). These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the Risk Analytics Market.
Recent Developments:
In March 2024, Orcale announced Oracle Risk Management Cloud in Release 24B. It offers comprehensive solution designed to help organizations identify, assess, and mitigate risks across their business operations. It offers advanced analytics, automation, and collaboration tools to streamline risk management.In March 2024, FIS Global announces card fraud detection capabilities leveraging artificial intelligence (AI) with aim to bolster FIS’s ability to identify and prevent fraudulent transactions, providing greater security for cardholders and financial institutions alike.In March 2024, Aon acquired an AI-powered platform to assist fleet and mobility clients in making data-driven decisions, enhancing operational efficiency and risk management. The platform utilizes artificial intelligence to analyze data and provide insights, enabling clients to optimize their fleet operations and improve decision-making processes.In March 2024, Crisp joined Resolver, with the aim to enhance Resolver’s risk intelligence capabilities by integrating Crisp’s expertise and technology into its platform, offering clients improved risk assessment and mitigation tools.In February 2024, SAS partnered with Carahsoft to bring analytics, AI, and data management solutions to the public sector. The aim is to leverage SAS’s expertise in advanced analytics and Carahsoft’s extensive government market reach to offer tailored solutions that enable public sector organizations to harness the power of data for informed decision-making and improved outcomes.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=210662258
Risk Analytics Market Advantages:
By offering insights into potential risks, opportunities, and trends, risk analytics helps organisations make data-driven decisions that improve strategic planning and resource allocation.In order to improve risk management procedures and lessen exposure to possible threats, risk analytics solutions assist businesses in identifying, evaluating, and mitigating risks across a range of business activities, including finance, operations, and compliance.Through real-time monitoring and anomaly detection made possible by risk analytics, organisations may proactively address shifting market situations, legal requirements, and cybersecurity threats.Risk analytics solutions assist organisations lower operating costs, increase productivity, and streamline compliance activities, which results in cost savings and resource optimisation. They do this by streamlining risk management procedures and automating routine work.Accurate risk assessments, audit trails, and reporting capabilities are just a few of the ways that risk analytics solutions help organisations comply with regulations and stay out of trouble.Organisations can enhance their resilience and competitiveness by anticipating and mitigating potential hazards before they materialise through the use of predictive modelling and advanced analytics approaches in risk analytics.Report Objectives
To define, describe, and predict the Risk Analytics Market by offering, risk type, risk stages, vertical, and regionTo provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the market growthTo analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leadersTo forecast the market size of segments with respect to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin AmericaTo profile the key players and comprehensively analyze their market rankings and core competenciesTo analyze the competitive developments, such as partnerships, product launches, and mergers & acquisitions, in the Risk Analytics MarketBrowse Adjacent Markets: Analytics Market Research Reports & Consulting
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Artificial Intelligence
Robotic Palletizer Market worth $1.9 billion by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, April 19, 2024 /PRNewswire/ — The robotic palletizer market is projected to grow from USD 1.4 billion in 2024 and is expected to reach USD 1.9 billion by 2029, growing at a CAGR of 5.9% from 2024 to 2029 according to a new report by MarketsandMarkets™. Rising awareness towards workplace safety and reducing the risk of work-related injuries to drive the market. Robotic palletizers significantly enhance workplace safety and reduce the risk of work-related injuries and associated costs. By automating repetitive tasks like palletizing, businesses can redeploy their human workforce to higher-value activities that require human skills like problem-solving, critical thinking, and customer interaction. This allows them to optimize their workforce and leverage human capabilities more effectively.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251064253
Browse in-depth TOC on “Robotic Palletizer Market” 100 – Tables60 – Figures200 – Pages
Robotic Palletizer Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 1.4 billion
Estimated Value by 2029
$ 1.9 billion
Growth Rate
Poised to grow at a CAGR of 5.9%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Component, Robot Type, Application, End-use Industry and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
High initial investment cost
Key Market Opportunities
Increasing application in small and medium-sized enterprises
Key Market Drivers
Growing labor shortage and need for workforce optimization
Collaborative robots in the robot type segment are expected to witness higher growth rate during the forecast period.
Collaborative robots are expected to witness a higher CAGR during the forecast period. Unlike traditional industrial robots that often require physical barriers or cages to protect human workers, cobots are equipped with advanced safety features, such as force and torque sensors, collision detection, and speed monitoring. These features enable cobots to operate safely in proximity to humans without posing significant risks of injury.
The Pharmaceutical segment in the robotic palletizer market is expected to witness highest growth rate during the forecast period.
Pharmaceutical products are subject to strict regulations regarding storage, handling, and quality control. Robotic palletizers play a crucial role in providing greater precision and consistency in palletizing tasks and minimizing the risk of contamination within pharmaceutical manufacturing facilities. It also reduces human intervention in the handling and stacking of products and helps mitigate the potential for cross-contamination and ensures adherence to strict hygiene standards.
End-of-Arm- Tooling (EOAT) component is expected to witness the highest CAGR in the robotic palletizer market during the forecast period.
End-of-arm tooling (EOAT) is a crucial element of a robotic arm system, especially in applications like robotic palletizing, where the robot needs to interact with various objects or products. EOAT essentially acts as the hand of the robotic arm, designed to securely grasp, lift, and place boxes or cases onto pallets. Overall, EOAT plays a vital role in the effectiveness of robotic palletizers as it ensures secure handling of products, efficient palletizing patterns, and smooth operation of the entire system.
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North America is expected to hold the largest share of the robotic palletizer industry during the forecast period.
North America is home to major automobile and retail companies, which has accelerated the demand for robotic palletizers in this region. Additionally, the rise in manufacturing activity, fueled by plans for reshoring and technological improvements, has further driven the need for robotic palletizers. In North America, certain government funds are available to increase workplace safety. In 2023, the Occupational Safety and Health Administration announced a grant of approximately USD 12.7 million to 100 non-profit organizations across the nation to provide education and training for workers and employers about recognizing workplace hazards, injury prevention, and understanding workers’ rights and employers’ responsibilities under federal law. Businesses that use robotic palletizers may be eligible for funding as they lower the risk of worker injuries from manual lifting.
Key Players
Leading players in the robotic palletizer companies include FANUC CORPORATION (Japan), KION GROUP AG (Germany), KUKA AG (Germany), ABB (Switzerland), and Krones AG (Germany). Schneider Packaging Equipment Company, Inc. (US), Honeywell International Inc. (US), Kaufman Engineered Systems (US), Concetti S.p.A. (Italy), Sidel (France), Brenton, LLC. (US), A-B-C Packaging Machine Corporation (US), Antenna Group (Italy), BEUMER GROUP (Germany), Brillopak (UK), BW Integrated Systems (US), Columbia Machine, Inc. (US), Euroimpianti S.p.A. (Italy), Fuji Yusoki Kogyo Co., Ltd. (Japan), HAVER & BOECKER OHG (Germany), KHS Group (Germany), MMCI (US), Okura Yusoki Co., Ltd. (Japan), Rothe Packtech Pvt. Ltd. (India), and S&R Robot Systems, LLC. (US) are few other key companies operating in the robotic palletizer market.
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