According to Gartner, ‘By 2026, the market for software that enables hyper-automation will reach nearly $1.04 trillion, with a CAGR of 11.9%. Demand for hyper-automation is driven by a strong need for digital transformation due to talent shortages, increasing economic pressures, and competitive challenges.’

Self-service kiosks have rapidly become a staple in the retail landscape, symbolizing the growing trend toward automation in customer interactions. In 2023, the global self-checkout market was valued at approximately $4.5 billion, with estimates suggesting it could reach between $5.2 and $6.0 billion by the end of 2024. This surge is driven by increasing consumer demand for convenience, technological advancements, and the pursuit of more seamless shopping experiences.

In today’s complex technology landscape, enterprises face the challenge of selecting the right vendors for their business needs. With so many options available, decision-makers often turn to industry analysts for guidance, and the vendor evaluation reports these analysts to write. These reports are highly regarded tools that categorize and evaluate vendors based on various criteria. But should enterprises rely solely on vendors positioned in these reports?

In today’s industrial landscape, efficiency and accuracy are paramount for success. For manufacturers, particularly those in the Heating, Ventilation, and Air Conditioning (HVAC) industry, ensuring the integrity of their products is crucial. However, challenges like leak detection and quality control can introduce costly inefficiencies.

The current global landscape, represented by geopolitical tensions, economic instability, supply chain disruptions, and the pandemic’s long-term effects, has highlighted the significance of solid trade financing solutions. These issues have driven the need for financial products that reduce risks, secure payments, and streamline cash flow.

The Finternet, a limitless financial space, is transforming significantly through decentralized finance (DeFi). Using blockchain technology, DeFi redefines how individuals interact with, access, and utilize financial services. It removes the need for traditional intermediaries, offering a more accessible, transparent, and cost-effective alternative to conventional systems. Let’s explore how DeFi is unlocking new possibilities for financial inclusion and driving global innovation.

In Japan’s FANUC robotics factory, rows of automated machines efficiently carry out repetitive tasks that humans once performed. Remarkably, the factory can run autonomously for up to 30 days without human supervision. Hirotec Manufacturing eliminated manual inspection time to 100% by integrating cloud technologies, IoT, and small servers on the factory floor. The Siemens plant in Germany offers online monitoring capabilities for machine tools distributed worldwide.

IoT technologies are poised to transform traditional insurance business models, from how insurers engage with customers to the core risk assessment and management processes. In today’s hyperconnected world, the sheer volume of data available for risk pricing is growing unprecedentedly. With the proliferation of sensor-based smartphones, wearables, and smart home devices, the expanding IoT landscape offers insurers numerous business opportunities.

The financial services industry is in the midst of a significant transformation. As customers demand more seamless, agile, and innovative services, banks and financial institutions must evolve to meet these new expectations. But digital transformation is not just about implementing the latest technology—it’s a comprehensive, multi-dimensional shift that impacts everything from operations to customer experience.

Hashing is a crucial concept in cybersecurity for maintaining data integrity and security. Unlike encryption, which allows data to be encrypted and decrypted, hashing is a one-way function that converts input data into a fixed-length, seemingly random string.

According to recent research, scaling intelligent automation could save the Energy & Utilities industry between $237 billion and $813 billion in operational costs. Despite this immense potential, utility providers still grapple with intense competition, increasingly stringent regulations, and aging infrastructure and workforce challenges. The demand for more affordable and cleaner renewable energy only adds to these pressures.

In today’s digital environment, many organizations find themselves grappling with the challenges posed by modern technology. If your organization is finding it challenging to stay ahead in this digital age, you are not alone. Cigniti’s white paper on “Business Transformation through Application Modernization” serves as a crucial resource, offering a comprehensive roadmap for CIOs to navigate these challenges successfully.

The retail industry has always been competitive, and it is important for retailers to thrive in this competition by adapting to new technologies and trends. In the current age of e-commerce, any retailer who does not adapt to the changes will stay behind their peers. With ever-changing customer behaviors and their requirements for personalized shopping experiences, it has become essential for retailers to invest more in these areas.