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...Another contract relates to the development of “reverse engineering automation”, the process by which source code is broken down in an automated way to identify its functionality, structure and design....
...Marketing automation company Klaviyo also announced its IPO pricing on Monday. It said it would sell 19.2mn shares at a range of $25 to $27 a share. This would value the company at up to $6.3bn....
Automation holds the potential for better decision-making, but requires us to understand and learn from mistakes
...For luxury brands, which are less reliant on mass scale production, that’s less of a concern, she acknowledges — and it’s one that can also be solved by improved technology and automation....
...At the heart of the scandal lies the spectacular mismanagement of an IT automation project, which should serve as a warning to many other companies and government departments....
...Automation has crept into the so-called “follow” market at Lloyd’s, which is when insurers take a later tranche of the risk on a particular policy....
...Two Japanese auto parts makers also seemed impressed by the automation level of BYD’s factories, with one saying, “No wonder their costs are so low!”...
...Marketing automation software company Klaviyo is the best performer of the three, up 15 per cent on its IPO price....
...Still, some business leaders said there was a limit to companies’ ability to address labour shortages with increased productivity and more automation....
...The same people said that these were likely to include the automotive and factory automation sectors....
...That could, however, cause “significant disruption” to the labour force, with as many as 300mn jobs potentially exposed to automation....
...Better to be honest about the potential risks automation poses to some workers than to be blindly optimistic....
...One of these exhibitors told me they were showing off their AI accelerators for edge devices that can be used in logistics monitoring and automation....
...ABB’s four strategic divisions — electrification, motion, process automation and robotics — have been broken down into 20 autonomous businesses....
...But it may also have a big impact on areas as diverse as the automation of customer services, marketing material, scientific research and digital assistants....
...A £14mn penalty was for a failure to meet licensing standards at LC International Ltd, which runs Entain’s 13 gaming websites, and Ladbrokes Betting & Gaming Ltd, which operates about 2,700 gambling shops...
...According to research by Nikkei Asia, nearly 40 mainland companies were in the listing pipeline as of Thursday, including image sensor manufacturer Will Semiconductor and industrial automation provider Zhejiang...
...Rosengren, whose Swiss-based company specialises in industrial automation and factory robots, urged Europe to take note of the US approach that offered “carrots” to bring about change....
...To earn the trust of in-house lawyers, and soothe any fears that automation will displace them, Shillito strives for full transparency — sharing from the outset how their contributions will be used....
...Automation may improve productivity, but that would mainly help the better off, regardless of Sunak’s commitment to “levelling up”....
...For ABB, the spin-off will help it simplify its portfolio to focus on its electrification and automation businesses. The turbocharger industry is not known for its green credentials....
...It has introduced robotic process automation in areas such as e-discovery and sanctions monitoring and rolled out an artificial intelligence review tool for contract analysis....
...It is also exploring possible task automation, which would further accelerate business outcomes for the telecoms company....
...BUY: Renishaw (RSW) Renishaw should be able to capitalise on the automation rush at a time when workers are hard to find, writes Alex Hamer....
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