This past holiday season, more robots than ever were involved in the handling and shipping of your ecommerce orders and the movement of packages from fulfillment centers to your doorstep. The past several years have seen a significant uptick in interest in robots, but 2018 saw an evolution from interest and pilot programs to full on deployment and value generation. In fact, two vendors of autonomous mobile robots (AMR’s) made some news with the volume of units that their robots supported in the fulfillment process.
IDC Financial Insights’ latest insurance research uses the IDC MarketScape model to present a 2018-2019 assessment of 13 vendor companies servicing the insurance organizations across the globe in their digital transformation (DX) initiatives. This research is a quantitative and qualitative assessment of a vendor’s ability to enable insurance organizations to succeed in their DX initiatives and help anticipate its ascendancy. The evaluation is based on a standardized and comprehensive framework and a set of parameters expected to be most conducive to success in providing DX services in the short and long term. The general market’s perception and technology buyers’ perception of vendors’ current capabilities as well as their attitudes to innovation to help insurance carriers and intermediaries thrive in an extremely challenging marketplace are key components of this evaluation.
This IDC FutureScape provides the top 10 predictions that will impact stakeholders in the urban ecosystem as regional and local government agencies look to modernize and transform IT systems, operational systems, and business processes. These predictions are designed to provide the strategic context to enable government leaders — from mayors and city managers to council members, CIOs, and innovation officers — to transform their organizations through the application of technology to real business challenges. This document encapsulates the IDC Smart Cities and Communities team’s collective understanding of major urban transitions and their impact on municipalities, counties, states, and regional organizations.
With PTC’s $70M acquisition of generative design software vendor Frustum announced today, and the continued focus on expanding generative design capabilities by Autodesk, Dassault Systèmes, and Siemens, manufacturers have multiple options for AI and machine learning-infused CAD and CAE (i.e. simulation).
Internet of Things (IoT) remains one of the top digital transformation initiatives happening across organizations today. While much of the focus has been on digitally enabling the physical, we are seeing IoT move into its next chapter as the harmonization between human and machine begins to happen. IoT underpins the exchange of information from “things,” people, and processes. Data becomes the common denominator and it enhances our senses and business processes by providing critical visual, audio, tactile, and environmental queues that allow us to adjust, adapt, and react to changing conditions in the world around us.
Industrial inspections, regardless of the reason for inspection, can be a very dirty and dangerous job. While not necessarily dull, industrial inspections definitely cover 2 of the 3 D’s of robotics deployment (dull, dirty, and dangerous). Industrial inspections can range from inspecting operational assets and operational facilities to inspecting defunct facilities during the de-commissioning process or evaluating the health and risk of non-operational holding tanks. There is no shortage of reasons to conduct industrial inspections, and there is a big business emerging for robotics to be leveraged in the inspection process.
The ‘Open Banking Revolution’, triggered by the second Payment Services Directive (PSD2), will see new, API-connected services brought to European consumers around the traditional core financial services, creating a more holistic banking experience. It is not just the regulation that is pushing banks to deliver customer-centric products and services. It is also the changing customer attitudes in the way they engage with their banks. It won’t be surprising if insurers are faced with a similar regulation or challenged by competitors influenced by the disruptions in banking sector.