Manufacturing — industry

Leveraging the benefits of automation: the next step for Spanish industry A study by the UOC reveals that industrial companies could significantly increase their sales if they were to rethink how they use new technologies Automated companies are five times more profitable; they generate four times more added value and export up to seven times more than their more conventional competitors. However, despite the obvious advantages of incorporating new technologies into productive processes and delving into the dynamics of the economy 4.0, a study led by Joan Torrent, full professor of Economics and researcher at the Faculty of Economics and...

Drone Industry Investment: DroneBase Scores Additional $7.5 Million Drone industry investment hasn’t dried up in the current crisis.  CA-based aerial data analytics company DroneBase has announced another $7.5 million round – after months of record-setting revenue. Last year, before the coronavirus threw all assumptions and expectations into question, leading drone market analysts DRONEII posited that the drone hype cycle was over – but that drone companies with good fundamentals were still of prime interest to investors.  That’s one prediction that has proved correct: 2019 was a record-breaking year for drone investments.  2020 may still be just as fruitful. The current crisis has hit some aspects...

Industry Predictions For 2020 The Wills and probate sector have certainly been on a roller coaster ride in 2019 which rattled practitioners, politicians, Lords and the charity sector to the core. There was uproar and widespread disproval from the Law Society, House of Lords and Labour Party regarding the infamous probate fees Statutory Instrument which threatened to be enforced for a year, but eventually disappeared due to a political u-turn. Meanwhile, HM Courts and Tribunals (HMCTS) looked at ways to digitise their processes in order to widen the access to legal services by offering probate applications to be completed online for lay and professional users. Furthermore, HMCTS restructured and centralised the probate registry service, however this caused widespread delays across the sector, going beyond 13 weeks...

2020 eCommerce Industry Threats and Predictions According to a recent report, retail eCommerce sales around are projected to grow to 6.54 trillion in 2022. But this immense growth comes at a cost, with an additional cost burden of $3.00 for every $1.00 in payment fraud paid by merchants, and the rate of chargebacks increasing by up to 20% each year, the potential backlash for e-commerce retailers could increase to nearly 1 trillion over the next five years. “Improving the customer experience has fueled the widespread adoption of eCommerce,” said Monica Eaton-Cardone, COO of Chargebacks911. “And with multi-channel options offering the vision of...

Measures to cut sugar intake should apply across industry, say participants at dialogue session SINGAPORE: Proposed regulations to cut sugar intake in Singapore should be extended across the industry and not just on pre-packaged sweetened drinks, said most participants at a public consultation session on Saturday (Jan 19). This is to level the playing field, as well as to encourage more to offer a wider range of healthier options. Saturday’s discussion was one of more than 10 such sessions that have been organised by the Ministry of Health (MOH) since it proposed four measures last month to curb sugar intake....