IT Robotic Automation Boosts Productivity & Accuracy in IT Companies

San Francisco, CA, May 03, 2017: TMR Research in its latest report, deals with an extensive overview of the global IT robotic automation market. The report is titled “Mobile Edge Computing (MEC) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.” According to the report, robotic automation is being increasingly used in back office, support, and workflow processes, which is driving this market. Robotic automation has in fact become an essential part of key business processes and are also being used for IT management. Thus, the global IT robotic automation market is slated to witness a phenomenal rise in the coming years as there is a heightened awareness among end user industries about the various advantages of using them. Robotic automation is helping end users achieve higher efficiency, enhanced productivity, and high level of accuracy.

The IT industry is incorporating IT robotic automation in several of its processes so as to achieve cost reduction, enhanced productivity, efficiency, scalability, and flexibility. After witnessing the benefits of adopting IT robotic automation in the IT industry, they are now being adopted for use in other areas such as BPO and infrastructure management, driving the growth of the market. In fact, robotic automation is being used across industries to eliminate the burden of training workers and managing human resources. This is saving precious time of organizations, thereby leaving them with ample time to invest in the more important and innovative tasks and activities.

The banking sector is also projected to contribute to the growth of this market by adopting IT robotic automation for improving the services which they offer their customers. Payment processing, compliance, query handling, invoice management, task allocation, and data integration are some of the tasks which are handled by robotic automation in the banking sectors. This shift from manual management to automated process management has resulted in an error-free operating of banks and is improving their efficiency.

It is expected that North America will continue to lead in the IT robotic automation industry on account of the rapid pace at which the region makes use of latest technology. Asia Pacific is also projected to witness a high growth in the market and offer growth opportunities for market players of the IT robotic automation industry. It is expected that the technologically advanced nations in the region such as Japan and China will turn out to be the most significant contributors to the market in the coming years. Moreover, India is witnessing a significant rise in its infrastructure development sector, which is estimated to create potential for growth in the IT robotic automation market in Asia Pacific.

Demand for Underground Mining Equipment Highest in Coal Mining Sector

San Francisco, California, May 02, 2017: A report by TMR Research, titled, “Underground Mining Equipment Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017– 2025,” sheds light on important aspects of the market. It factors in current and historical data to calculate the market size and also presents a qualitative analysis of the growth drivers and restraints to gauge the trajectory of the market.

The underground mining equipment market has received maximum boost so far from the rapid pace of urbanization and industrialization worldwide. This has spiked demand for metals and minerals. Another factor stoking growth in the market is the rising thrust on deploying latest cutting-edge equipment that help improve efficiency and productivity. Besides, strict norms pertaining to reduction of fuel consumption to bring down greenhouse gases emission and labor safety has also been egging mining companies to supplant conventional equipment with advanced energy efficient solutions. Rising fortunes of people worldwide stoking demand for gold, aluminum, copper, and other commodities has been driving demand too.

There are different types of underground mining equipment deployed in various stages. For instance, slushers, overhead loaders, front-end loaders, gathering-arm loaders, Load-Haul-Dump units, and rubber-tired shuttle cars and trucks are mainly used in material handling which entails loading and hauling of excavated ore. The process also entails transportation by rail, conveyor, and gravity flow.

Depending upon application, the global market for underground mining equipment can be segregated into metal mining, mineral mining, and coal mining. Of them, the coal mining segment has been contributing the most to the overall revenue in the market and going forward too will continue doing so on account of robust demand from the energy industry. Depending upon type, the market can be classified into room and pillar and longwall.

Geographically, Europe, Asia Pacific, North America, and the Rest of the World are the key segments of the global market for underground mining equipment. Asia Pacific, among them, leads the market with a dominant share owing to the massive upswing in mining activities in China, Australia, and India. In fact, China’s unending thirst for coal on account of burgeoning industrialization is playing a crucial role in the global underground mining equipment market.

North America is another major market because of the growing number of mining sites, particularly for coal that has driven up demand for specialized mining equipment manifold in the region. Furthermore, regulations by government relating to environment, mining safety, employment, and equipment usage have also generated demand for advanced underground mining equipment.

To gauge the competition prevailing in the global market for underground mining equipment, the report Caterpillar Inc., Sandvik AB, Boart Longyear Ltd., Komatsu Ltd, Volvo AB, Joy Global Inc., Metso Corporation, Hitachi Construction Machinery Co. Ltd., Kennametal, Inc., and Thyssenkrupp AG.

Amazon Announces Shutdown of ‘Underground Actually Free’ Program

Amazon is shutting down support for the free app service on its online store. The e-commerce giant is discontinuing “Underground Actually Free” – the program debuted in 2015 as a means to deliver Android apps to users at no cost. The program was pitched as a means for app developers to showcase their software to consumers via Amazon’s online app store at no cost.

The arrangement presented a win-win scenario for the online retailer as well as the app developer. Developers participating in the program could showcase their apps via Amazon’s app store and in return, Amazon would pay royalties to developers based on the time people spent on free apps. Some of the popular offerings of the program include “Goat Simulator”, “Star Wars Rebels: Recon Missions”, and “Office Suite Pro 8.”

App Developers Need to Satisfy Conditions to Qualify for Amazon’s Underground App Store

To qualify for the program, developers needed to have a mobile app available on Google’s Play store or Apple’s app store for purchase, and the apps needed to work on at least one non-Amazon mobile device.

The free app service was launched to reward developers for developing compelling apps and at the same time convince users to download apps from Amazon’s app store. Amazon hoped that users would be lured to its app store as some apps would be available for free that are otherwise available to buy through rivals like Apple or Google.

Current customers of Fire Tablet can continue to use previously installed Underground Apps and will have continued access to Underground Actually Free store. However, access to the Underground store will be restricted to currently supported New Fire tablet devices and not new devices. Amazon will stop accepting submissions for new apps and games on May 31.

Wall Street Analysts Question Twitter’s Revenue

Slow rise in the number of users and an inevitably slow business from ad inventory due to the sluggishly rising user count are expected to bring trouble to Twitter’s revenues. Analysts from Wall Street think that the company’s business is declining and the company is expected to report a year-over-year decline in revenue, which would be the company’s first ever loss, when the earnings are released on Wednesday.

Analysts estimate the company will record profits of around one percent per share on the 2017 Q1 revenue of US$512 mn. If the estimates are correct, the company would have suffered a loss of around 14% as compared to the US$595 mn that the company generated in revenues during the 1st financial quarter of 2016. Twitter has reported year-on-year growth in revenue for every quarter ever since it has gone public in the late 2013.

Declining Number of New Users could also mean Decline in Ad Revenues

Wall Street’s estimates regarding Twitter’s business could be wrong as well, but a decline in business is, of course, bad for the company as it is seeing a plateau when it comes to number of new users. Decline in the number of new users would also directly impact the company’s revenue from ads – the easiest way to generate revenue for a social media company.

But if Wall Street’s analysis proves correct for the company, Twitter has a tough road ahead to frame its slowing revenue stream. If the earnings are indeed low, possibilities of takeover will start doing rounds in business circles. The company was also exploring sale options the previous year but the price tag was a bit high for most companies interested in buying it.

Last year, the company was valued at around US$13 bn, which was when analysts estimated that it could be sold at around US$18 bn. Now that its valuation has come down to US$10.7 bn, it will be interesting to see how much the company is valued for possible suitors.