Businesses expect that handling payments — both sending and receiving them — will become even more crucial in the future. On average, companies anticipate a 50% increase in payments made and a 46% surge in the number of invoices dispatched in the upcoming three years. Among those surveyed in a recent PYMNTS Intelligence study, nearly 80%…
Beckhoff Revolutionizes Logistics with Cutting-Edge Warehouse Transformation The surging demand for Beckhoff technologies has propelled the company’s U.S. revenue to a remarkable 33.4% growth in 2022. In response to this unprecedented demand, Beckhoff USA has undertaken a significant overhaul of its Minneapolis-area warehouse, introducing an innovative Automated Storage and Retrieval System (AS/RS) from OPEX Corp….
UPS Velocity warehouse in Louisville, Kentucky. [Photo: UPS Media] United Parcel Service opened a new, technologically advanced warehouse last week. The 900,000 square foot facility, the company’s largest, will operate with over 3,000 robots doing the heavy lifting. The warehouse will initially employ 200 workers, but that number may eventually grow to 500. All of…
In the era of smart living, home automation devices have become the cornerstone of convenience and efficiency. From controlling lights and curtains to monitoring indoor air quality, these devices offer a seamless integration of technology into our daily lives. In this article, we will explore some top-notch home automation devices that not only elevate your…
Photo Credit: Walter Surface Technologies Walter Surface Technologies has recently launched a new service to expand on its automation and robotic solutions for industrial manufacturers. Walter, a member of the A3 – Association for Advancing Automation, has partnered with a large network of North American system integrators and end-of-arm tool manufacturers that specialize in robotic…
Smart home stocks are worthy companies for you to consider. I love investing in these companies because they are mostly undercovered brands in the financial media. While investors push up the valuations of marquee brands, these smart home stocks are quietly improving their fundamentals and business outlook for the future, and many can be bought…
Opinions expressed by Entrepreneur contributors are their own. Your business needs more customers, but you’ve encountered a roadblock. You can’t spend more money on advertising unless you get more customers, but getting more customers requires more marketing dollars — and the cycle continues. This is where lifecycle automation can help. First, let’s get some clarity…
Automation use cases like intelligent document processing and communications mining could help organisations fast-track artificial intelligence operationalisation in 2024, according to a report from UiPath, as businesses seek to combine AI with automation to improve processes. Mark Fioretto, area vice president and managing director at UiPath Mark Fioretto, area vice president and managing director at…
