Artificial Intelligence
Automation Anywhere Announces Strong Third Quarter FY24 Performance on Power of Generative AI-led deals, Large Enterprise Customers and Global Momentum

Achieved Profitability a Quarter Ahead of Plan and Expects Strong Fourth Quarter
SAN JOSE, Calif., Nov. 20, 2023 /PRNewswire/ — Automation Anywhere, the leader in intelligent automation that puts AI to work across every aspect of an organization, today announced it delivered strong third quarter results, propelled by new generative AI-enhanced automation products, large enterprise customer deals and global sales execution. With its strong performance and momentum across global regions, the company reported that the dollar value of large deals increased by greater than 35 percent year on year, helping the company achieve profitability ahead of plan.
“Third quarter results exceeded goals across our key metrics, with large deal growth as a robust signal that customers are increasingly adopting our platform for business transformation,” said Mihir Shukla, CEO and Co-founder of Automation Anywhere. “Our GenAI-powered solutions and use cases contributed to 30 percent of the bookings, confirming that customers are looking for the powerful combination of AI and automation technologies to solve their complex challenges. The combination of strong revenue performance and disciplined cost control allowed us to reinvest in growth. Building an enduring ‘Rule of 40′ company is one of our goals and our financial results represent a tangible signal that we’re on the right track.”
Key Business Highlights
Large deals over $100,000 in annualized value contributed more than 50 percent of the bookings in the quarter.Robust performance by the Enterprise business was led by strong bookings in North America, APJ, India and Middle East regions.More than 50 percent of customers downloaded the company’s Generative AI automation packages and can securely develop next-generation automation solutions with enterprise-grade AI models from industry leaders including Anthropic, AWS, Google Vertex AI, Microsoft Azure OpenAI Service, and OpenAI ChatGPT Enterprise.Large customer base, high customer retention and continued product leadership led to improved cash flow and a strong balance sheet.”Improving productivity is a top area of focus for organizations adopting GenAI and a major driver in the rapid and accelerating investments in this technology,” according to Maureen Fleming, AI and Automation Research Vice President at IDC. “The convergence of cloud, automation, and GenAI to deliver advanced capabilities aimed at efficiency and productivity will drive performance in organizations — and growth for the providers of these converged services.”
“We are in a once-in-a-generation opportunity to reimagine every aspect of a company’s business operations, where all departments and functions will benefit from automation and generative AI. We’re seeing clear signals that intelligent automation solutions are one of the best ways to deploy AI safely and securely in organizations and achieve significant ROI quickly,” Shukla continued.
Third Quarter Announcement Highlights
Automation Anywhere announced the largest expansion of its generative AI-powered automation platform to date, featuring a new Responsible AI Layer at the core of its platform. This foundational layer includes the first and only custom generative AI automation models developed on top of leading Large Language Models and trained with anonymized metadata from millions of automations. These models give companies the ability to develop and run complex processes and workflows automatically, first by understanding the work request, converting natural language into steps, and dynamically creating new process workflows. A large number of enterprise processes and workflows can be automated, creating a new system of work that fundamentally transforms organizations’ operating models to help them better manage business conditions and disruptions.The Automation Success Platform also includes new high-trust AI tools and security and governance capabilities that are key to deploying AI-based automations at scale with access controls, data privacy, real-time monitoring for safe, flexible enterprise-wide deployments.The company also announced four generative AI-powered automation products including Autopilot, which enables the rapid development of end-to-end automations using generative AI. The new products enable organizations to automate more complex processes and end-to-end business workflows and accelerate their results and ROI.Gartner named Automation Anywhere a Leader for the fifth consecutive year in the 2023 Magic Quadrant for Automation. Automation Anywhere was recognized as a Leader for its Completeness of Vision and Ability to Execute.Automation Anywhere’s third quarter ended October 31, 2023. As a private company, Automation Anywhere does not disclose detailed financial information.
About Automation AnywhereAutomation Anywhere is the leader in intelligent automation solutions that put AI to work across every aspect of an organization. The company’s Automation Success Platform is powered with specialized AI, generative AI and offers process discovery, RPA, end-to-end process orchestration, document processing, and analytics, with a security and governance-first approach. Automation Anywhere empowers organizations worldwide to unleash productivity gains, drive innovation, improve customer service and accelerate business growth. The company is guided by its vision to fuel the future of work by unleashing human potential through intelligent automation. Learn more at www.automationanywhere.com.
Automation Anywhere is a registered trademark/service mark of Automation Anywhere, Inc. in the United States and other countries.
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Artificial Intelligence
Savory & Partners: Digital Nomad Visas Sparking a Migration Boom

DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.
A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
Unsurprising demand
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit www.savoryandpartners.com.
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Artificial Intelligence
Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research

The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.
Request Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/5117
Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Report Coverage
Details
Forecast Period
2023–2032
Base Year
2022
Market Size in 2022
$838.5 million
Market Size in 2032
$2.4 billion
CAGR
10.9 %
No. of Pages in Report
250
Segments covered
Range, End User, Distribution Channel, and Region
Drivers
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Opportunities
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Restraints
Less adoption in developing markets
Regular maintenance and repair costs
Procure Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/64e274edbc38210d8eac6958c5995e56
The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
Enquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/5117
Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Read More Trending “AMR Exclusive Insights:
Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2023-2032Canada Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Mexico Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Europe Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032France Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Germany Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAllied Market Research Blog:https://blog.alliedmarketresearch.com/consumer-goods
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Artificial Intelligence
HH Global discloses environmental impact through CDP

LONDON, Dec. 8, 2023 /PRNewswire/ — HH Global has furthered its commitment to environmental transparency by completing a full assessment of the carbon footprint of our business for the fourth year in a row and disclosing our impact through CDP, the world’s leading environmental disclosure platform.
With a record +23,000 companies disclosing through CDP in 2023, HH Global’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency.
CDP is a global non-profit that runs the disclosure platform for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to report on their environmental impacts – and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Their aim is to see a thriving economy that works for both people and planet in the long term.
Kevin Dunckley, Chief Sustainability Officer at HH Global commented:”HH Global is proud to have disclosed our environmental data through CDP for the fourth successive year. Tracking progress on reducing emissions is essential if we are to secure a 1.5°C world. Commitment to meaningful and measurable environmental action is more critical than ever and reporting where we are, our goals for a sustainable future and how we are getting there is vital.”
Sherry Madera, Chief Executive Officer at CDP said:
“With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by HH Global reporting through CDP this year.
“A 1.5-degree future is still possible if the global community works in lockstep to get there.
“By sharing their environmental data with CDP, HH Global is continuing an environmental journey that will contribute to keeping that future in sight.”
The full list of companies disclosing through CDP can be accessed here: https://www.cdp.net/en/responses.
About HH Global
HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.
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