Dublin, Nov. 08, 2022 (GLOBE NEWSWIRE) — The “Global Automation COE Market by Service (Implementation Support, Governance, Design, Testing), Organization Size (SMEs, Large Enterprises), Vertical (BFSI, Manufacturing, Healthcare, Life Sciences) and Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The global automation CoE market is projected to grow from USD 300 million in 2022 to USD 1.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 36.9% during the forecast period.
Technology & consulting services to register for the largest market size during the forecast period
Based on services, the automation COE market is segmented into technology assessment & consulting services, design & testing services, governance services, and implementation support services. Automation COE combines multiple technologies to automate complex end-to-end business processes that involve decision-making and continuous learning. Businesses leverage this opportunity by automating small rule-based tasks to complex business processes. To respond to this dynamic trend, organizations need superior automation capabilities.
Large Enterprises to account for the largest market size during the forecast period
Based on organization size, the automation COE market has been segmented into SMEs and large enterprises. SMEs are enterprises with an employee strength of 1-1,000, while large enterprises have an employee strength of more than 1,000.
With globalization, organizations have recognized the need to train the internal staff, as well as customers, to attain their business goals. Companies require technologies that can assist them in improving their profit margins and operational efficiencies. Large enterprises are expected to rapidly adopt automation COE in the coming years due to their complex network of channel partners present across the globe.
Asia-Pacific to hold highest CAGR during the forecast period
Based on regions, the automation COE market is segmented into North America, Asia-Pacific, Europe, and the Rest of the World (RoW). The RoW covers the Middle East & Africa and Latin America. North America is expected to dominate the market during the forecast period. The growth of the North American market can be attributed to the presence of leading service providers for automation COE and increasing investments in R&D in this region.
Enterprises across all regions are increasingly opting for integration and automation technologies for various business operations, such as finance, HR, sales, marketing, and customer support. The Work Automation Index 2022 found that 66% of organizations in North America now use COE platforms in five or more departments, and the number of organizations with seven automated departments has almost tripled since 2019. North America and Europe are expected to hold relatively larger shares of the market, as companies in these regions are early adopters of trending technologies.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Opportunities in Automation COE Market
4.2 Market: by Top 2 Services and Top 3 Verticals
4.3 Market: by Region
5 Market Overview and Industry Trends
5.2 Market Dynamics
126.96.36.199 Significant Improvements in ROI Across Businesses
188.8.131.52 Reduced Data Entry Errors
184.108.40.206 Improved Quality with Reduced Risk
220.127.116.11 High Development and Deployment Costs
18.104.22.168 Dependence on Suppliers and Inadequate Capabilities to Scale Automation Over Time
22.214.171.124 Reduced Churn
126.96.36.199 Continuity of Operations Using RPA Maintenance
188.8.131.52 Rise in Demand for Automation from Different Industries
184.108.40.206 Employee Hesitation and Fear of Automation due to Worries About Losing Jobs
220.127.116.11 Lack of Knowledge Among Departments
18.104.22.168 Optimizing Business Processes Prior to Automation
5.3 Industry Trends
5.3.1 Market Evolution
5.3.2 Patent Analysis
22.214.171.124 Document Type
126.96.36.199 Innovation and Patent Applications
188.8.131.52 Top Applicants
5.4 Tariff and Regulatory Landscape
5.4.1 Regulatory Bodies, Government Agencies, and Other Organizations
5.5 Technology Analysis
5.5.1 Artificial Intelligence and Machine Learning
5.5.2 Natural Language Processing
5.5.3 Optical Character Recognition
5.5.4 Cloud Computing
5.5.5 Computer Vision
5.6 Case Study Analysis
5.6.1 Case Study: Prosegur Secures USD 12 Million in Savings with Strategic Intelligent Automation Program
5.6.2 Case Study: Ohio’s Hospice Delivers Improved Patient and Employee Experience with New Digital Workforce
5.6.3 Case Study: Agco Employees Negotiate Contracts and Let Digital Workers Manage Paperwork
5.6.4 Case Study: Agco is Future-Proofing Its Business with Intelligent Automation
5.6.5 Case Study: Uniper Transforms Business with Automation
5.6.6 Case Study: Custodial Agency at Dutch Ministry of Justice Uses Automation to Improve Services for Residents of Netherlands
5.6.7 Case Study: Wall-To-Wall Automation 360 Saves Newcastle Hospitals 7,000 Hours Annually, Improving Staff Work-Life Balance
5.6.8 Case Study: Rapid ROI from RPA – Synergy Automates Billing to Realize Significant Value
5.6.9 Case Study: Lumevity – Finding Quick Automation Wins with FortressIQ
5.6.10 Case Study: Arab National Bank Saved 64K+ Hours by Successfully Implementing Bots to Automate Processes
5.8 Supply Chain Analysis
5.9 Seven Pillars of Robotic Operating Model (ROM)
5.10 Key Practices to Achieve Automation COE
5.11 Automation COE Across Major Business Functions
5.12 Key Conferences & Events in 2022-2023
6 Automation COE Market, by Service
6.1.1 Services: Market Drivers
6.2 Technology Assessment & Consulting Services
6.2.1 Need to Identify and Evaluate Automation to Improve Business Operations to Drive Market
6.3 Design & Testing Services
6.3.1 Advantages Such as Reduced Redundancies and Improved Process Quality to Boost Adoption
6.4 Governance Services
6.4.1 Ability of Governance Services to Promote and Support Organization-Wide Automation to Fuel Demand
6.5 Implementation Support Services
6.5.1 Need to Embed Intelligent Decision-Making Capabilities into Business Solutions to Drive Adoption
7 Automation COE Market, by Organization Size
7.1.1 Organization Size: Market Drivers
7.2 Large Enterprises
7.2.1 Growing Demand for Automation Solutions to Shorten Time Spent on Routine Tasks in Large Enterprises to Drive Market
7.3 Small and Medium-Sized Enterprises
7.3.1 Advantages Such as Cost-Effectiveness and Increased Productivity to Drive Demand for Automation COE Among SMEs
8 Automation COE Market, by Vertical
8.1.1 Verticals: Market Drivers
8.2 Banking, Financial Services, and Insurance (BFSI)
8.2.1 High Adoption of Intelligent Automation in BFSI Vertical to Foster Growth
8.3.1 Need to Achieve Automated Efficiency in Areas Other Than Production Line to Drive Adoption in Manufacturing Plants
8.4 Retail & Consumer Goods
8.4.1 Growing Adoption of Automation in Retail to Support Inventory, Supply Chain, and Invoicing to Aid Growth
8.5 Transportation & Logistics
8.5.1 Growing Investments by Logistics & Transportation Companies in Intelligent Automation to Propel Market
8.6 IT & ITeS
8.6.1 Growing Use of Automation Solutions to Automate Repetitive Tasks to Promote Market
8.7 Healthcare & Life Sciences
8.7.1 Increasing Volume of Patient Data to Increase Adoption of Automation Solutions in Healthcare Vertical
8.8 Other Verticals
9 Automation COE Market, by Region
10 Competitive Landscape
10.2 Key Player Strategies
10.3 Market Evaluation Framework
10.4 Revenue Analysis
10.4.1 Historical Revenue Analysis
10.5 Ranking of Key Market Players, 2022
10.6 Comparative Analysis of Key Vendors in Market, 2022
10.7 Competitive Scenario and Trends
10.7.1 Product Launches
11 Company Profiles
11.2 Key Players
11.2.1 SS&C Blue Prism
11.2.3 Automation Anywhere
11.2.5 Digital Workforce
11.3 Other Players
11.3.6 Chazey Partners
11.3.17 Calidad Infotech
12 Adjacent and Related Markets
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Global Methane Hub Announces the Enteric Fermentation Research & Development Accelerator, a $200M Agricultural Methane Mitigation Funding Initiative
The Largest-Ever Globally Coordinated Funding Investment in Livestock Methane Mitigation Research Announced at the COP28 Business & Philanthropy Climate Forum
The public, private and philanthropic partnership includes Bezos Earth Fund, Quadrature Climate Fund, Gerstner Philanthropies, High Tide Foundation, Bill & Melinda Gates Foundation, The Zegar Family Foundation, Danone and more
DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ — Today, at COP28, the Global Methane Hub (GMH) announced a more than $200 million funding initiative between public, private and philanthropic partners including the Bezos Earth Fund, Quadrature Climate Fund, Gerstner Philanthropies, High Tide Foundation, Bill & Melinda Gates Foundation, The Zegar Family Foundation, Danone, the Governments of Ireland, New Zealand and the United States, for research and development (R&D) technologies to meaningfully address and reduce methane emissions from livestock.
The Enteric Fermentation R&D Accelerator, or Accelerator, is the largest-ever, globally coordinated investment of breakthrough research tackling livestock methane emissions. The Global Methane Hub announced the intention to establish the Accelerator at COP27 as an AIM for Climate Innovation Sprint. The Accelerator will unite funders, guided by a science oversight committee, to invest in a globally coordinated research plan. This strategy aims to address gaps in current research and enhance existing efforts. The strategy includes work on exploring new and alternate livestock feed additives, tools to breed low-methane livestock, immunological studies for a methane vaccine, understanding the organisms in the rumen and their functions, and lowering the costs of measurement, essential to generate evidence for regulatory approval and validation of mitigation technologies.
About 40% of the world’s methane emissions come from agriculture, and 70% of that is due to enteric fermentation. This process happens in cows’ digestive systems when sugars are broken down into methane and released through belching. Unfortunately, current research on enteric fermentation is not extensive or coordinated enough to provide efficient and transformative solutions to significantly benefit farmers.
This is the latest milestone to mark the impact GMH is having on global methane reduction efforts since its founding in December 2021.
“The Accelerator is a prime example of the role philanthropy can play in driving substantive climate action and strategically aligning the key players working to solve the most pressing issue of our time,” said Hayden Montgomery, Agriculture Program Director at the Global Methane Hub. “With this effort to synchronize and consolidate public-good research on enteric methane, we aim to make multiple solutions to reduce enteric methane available quickly and provide proof of the efficacy of livestock mitigation technologies.”
“We know that cattle are responsible for most agricultural methane emissions. Promising technological and scientific solutions exist, but for too long, monetary and regulatory barriers have slowed progress and prevented critical research,” said Andy Jarvis, Director of Future of Food at the Bezos Earth Fund. “The Global Methane Hub’s Enteric Methane R&D Accelerator stands to change all of this, unlocking the resources needed to discover and develop low-cost solutions that will dramatically reduce methane emissions from livestock by 2030.”
“Through the Accelerator, we are poised to make a significant impact in driving innovation towards solutions to reduce enteric methane globally,” said Richard Lawrence, director and co-founder of High Tide Foundation. “I would like to thank Danone for stepping up as the first corporation committed to the Accelerator and I encourage others to do the same.”
“As a dairy company, curbing methane emissions is the fastest and most impactful way to slow down global warming,” said Olivier Verdelet, Vice-President Agriculture Cycle at Danone. “To do so, collaboration will be instrumental as we seek for new solutions, speed and sizable impacts. We are eager to collaborate with the Global Methane Hub and other partners to accelerate and test scalable innovations in the field. We believe this will help us build a sustainable, future-fit dairy category that is at the core of our mission to bring health through food to as many people as possible.”
Agricultural methane is projected to increase 40% by 2050. We would have to reduce emissions by 50% in order to meet the accords of the Paris Agreement to keep the global temperature rise to a maximum of 1.5 degrees Celsius. Reducing methane emissions from all sectors, including agriculture, is the fastest way to mitigate climate change.
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Digital Printing for Tableware Market worth $452 million by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, Dec. 1, 2023 /PRNewswire/ — The Digital Printing for Tableware market is projected to reach USD 452 million by 2029 from USD 326 million in 2024; it is expected to grow at a CAGR of 6.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. Heightened interest in sustainable printing practices, escalating needs within the foodservice sector, swift advancements in digital printing technology, and the accelerated prototyping and assessment of novel designs within the tableware industry are poised to propel the expansion of the Digital Printing for Tableware market.
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Browse in-depth TOC on “Digital Printing for Tableware Market”
140 – Tables60 – Figures240 – Pages
Digital Printing for Tableware Market Report Scope:
Market Revenue in 2024
$ 326 million
Estimated Value by 2029
$ 452 million
Poised to grow at a CAGR of 6.8%
Market Size Available for
Value (USD Million/Billion)
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
By Application, Ink type and Region
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Compatibility with limited materials
Key Market Opportunities
Increasing demand from the in-plant market
Key Market Drivers
Rapid technological advancements in digital printers
This market exhibits a promising growth trajectory, buoyed by prospects like escalating demand from the in-plant market, substantial investment in digital printing-centric research and development endeavors, and the consequent decrease in per-unit printing costs facilitated by digital printers.
The Ceramic and porcelain application segment is expected to hold the largest market share of the digital printing for tableware market during the forecast period.
In 2023, the Ceramic and porcelain segment held the largest market share, and this pattern is expected to persist in the forecast period. Cutting edge ceramic digital printing technology for the tableware industry is expected to revolutionize the tableware industry during the forecast period. While digital printing for porcelain tableware combines precision and versatility allowing intricate designs to enable growth of the market. Digital printing for ceramic and porcelain tableware products involves the use of advanced printing technology to apply intricate and high-quality designs directly onto ceramic and porcelain surfaces. This modern printing method has become increasingly popular in the tableware industry due to its ability to offer customization, detailed graphics, and efficient production processes.
The UV Ink segment is expected to hold the largest market share of the digital printing for tableware market during the forecast period.
The use of UV ink in digital printing for the tableware industry is driven by its unique properties and advantages that cater to the specific requirements of decorating and customizing various tableware items, such as ceramics and porcelain. It offers rapid curing, color vibrancy, versatility in design, customization capabilities, durability, efficiency in production, and reduction in waste. Because of such advantages over other inks like ceramic ink, and solvent based ink, the UV ink type is expected to hold the largest market share.
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The North American region is expected to hold the largest market share during the forecast period.
During the forecast period, North America region is poised to experience the most significant growth in the digital printing for tableware market. The surge in consumer appetite for personalized tableware due to digital printing capabilities to deliver unique designs is expected to drive the market growth in the North American region. Also, presence of major companies such as Electronics for Imaging, Inc., Inkcups Now, Boston Industrial Solutions, Inc., and INX International Ink Co., in the North American region enables research and development activities in digital printing technologies benefitting the tableware industry owing to increase in the demand for customization of tableware products across the region.
Key Players Market
SACMI (Italy), Electronics for Imaging, Inc. (US), Inkcups Now (US), Mimaki Engineering Co., ltd. (Japan), Boston Industrial Solutions, Inc. (US), PROJECTA ENGINEERING S.R.L. (Italy), Engineered Printing Solutions (US), INX International Ink Co. (US), KERAjet (Spain), and Dip-Tech Digital Printing Technologies Ltd. (Israel) are key players in the digital printing for tableware companies.
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Digital Printing Market Size, Share & Industry Growth Analysis Report by Ink (UV-cured, Aqueous, Solvent, Latex, and Dye Sublimation), Printheads (Inkjet and Laser), Substrate (Plastic Film or Foil, Release Liner, Glass, Textile, Paper, Ceramic), and Geography – Global Growth Driver and Industry Forecast to 2026
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Syntax Unveils Expanded CxLink Backup Solution at AWS re:Invent 2023
Leading global solutions provider showcases new product support for Oracle cloud backup and recovery operations and achieves AWS Level 1 MSSP Competency
MONTREAL, Dec. 1, 2023 /PRNewswire/ — Syntax Systems, a leading global technology solutions and services provider for cloud application implementation and management, announced Syntax CxLink Backup solution for Oracle databases at AWS re:Invent 2023. This is a strategic enhancement to its suite of solutions that now supports the Oracle Recovery Manager (RMAN). CxLink Backup addresses a critical need for enterprise customers running Oracle databases, including SAP customers, as Oracle Database underpins more than 60% of SAP ERP Central Component customer implementations and RMAN integration options are limited.
Enterprise teams managing multiple clouds and stores of data, each with their own routine for proper storage, now have access to a cutting-edge tool to simplify backup and recovery processes as well as disaster recovery strategies. With CxLink Backup, customers now have access to several impactful functions that Oracle Recovery Manager fulfills:
Spares users the complexity of managing backup file details because it’s a module that streamlines and automates backup and recovery.Supports various backup types like full, incremental, differential, and image copies.Enhances backup efficiency and minimizes size with features like compression, parallel processing, and multisection.Ensures data security and reliability through validation, encryption, and cataloging of backups, as well as the ability to rectify corruption or errors.Offers flexible data restoration, including options like flashback, point-in-time recovery, and incomplete recovery, which allows recovery to any specific moment.”In today’s fast-paced digital world, backups are critical for enterprise applications,” said Ricardo Casanovas Ortega, VP of Product Innovation at Syntax. “Many enterprise teams are managing these processes from disparate sources and tools. Our latest features for CxLink Backup, unify and automate recovery processes, giving users a powerful tool that enhances reliability while minimizing complexity.”
In addition to revealing new capabilities in its CxLink solution, Syntax also announced its achievement of the Amazon Web Services (AWS) Level 1 Managed Security Service Provider (MSSP) Competency and renewed its status in the AWS Managed Service Provider (MSP) Partner Program. These designations recognize and validate leading AWS Partner Network (APN) members that provide full lifecycle solutions to customers and who have met AWS’s requirements for a baseline of managed security services to protect and monitor essential AWS resources 24/7, known as Level 1 Managed Security Services.
“Syntax is very proud to now be part of the elite AWS Partners who have achieved the AWS Level 1 MSSP Competency,” said Christian Primeau, Global CEO of Syntax. “Our strategy is 3-pronged: operate-to-protect, monitor-to-respond and built-to-recover. We are focused on ensuring the integrity of applications running on AWS and the data they store and process. Achieving this AWS Competency designation is recognition of the work the Syntax team delivers and our growing relationship with AWS, which adds value across our entire portfolio.”
The Syntax portfolio offers a wide range of AWS solutions as an AWS Premier Tier Services Partner. Syntax previously achieved the AWS SAP Competency, AWS Oracle Competency, and AWS Migration Competency, and AWS MSP Partner designations and is a member of the AWS Well-Architected Partner Program.
About Syntax Syntax provides comprehensive technology solutions and trusted professional, advisory, and application management services to power businesses’ mission-critical applications in the cloud. With 50 years of experience and 800+ customers around the world, Syntax has deep expertise in implementing and managing multi-ERP deployments in secure private, public, hybrid, or multi-cloud environments. Syntax partners with SAP, Oracle, JD Edwards, AWS, Microsoft, and other global technology leaders to ensure customers’ applications are seamless, secure, and at the forefront of enterprise technology innovation. Learn more about Syntax at www.syntax.com.
Contact:Walker Sands for [email protected]
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- Global Methane Hub Announces the Enteric Fermentation Research & Development Accelerator, a $200M Agricultural Methane Mitigation Funding Initiative
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