Global Smart Factory Market to Reach $214.2 Billion by 2026

Global Smart Factory Market to Reach $214.2 Billion by 2026

ReportLinker Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies – Strong/Active/Niche/Trivial.

New York, May 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Global Smart Factory Industry" – https://www.reportlinker.com/p03846712/?utm_source=GNW
-Online interactive peer-to-peer collaborative bespoke updates
-Access to our digital archives and MarketGlass Research Platform -Complimentary updates for one year Global Smart Factory Market to Reach $214.2 Billion by 2026 `Smart Factory` or `Smart Manufacturing` or the `Factory of the Future` is a concept that envisages creation of intelligent factories, where the traditional disparate […]

Chipotle’s Focus Turns to Career Advancement for Workers

Chipotle's Focus Turns to Career Advancement for Workers

For the first time in nearly four years last month, Chipotle gathered GMs and field leaders at its “All Managers Conference” in Las Vegas. Roughly 3,200 people attended. At one point, executives asked employees who had been promoted since to stand up. “And you know what?” CEO Brian Niccol told investors Tuesday on a conference call. “Almost every person in the room was standing up.”

This, as much as any metric, offers a glimpse of Chipotle’s mindset as the sector’s labor challenge marches on. Last Friday, the fast casual’s annual sustainability report showed turnover rates skyrocketing across the board—but especially […]

Smarter, swifter, safer: The future of work in manufacturing with technology

Smarter, swifter, safer: The future of work in manufacturing with technology

How will today’s technological developments, including 5G and automation, impact of the future of work in manufacturing? Based on a new report on this industry’s evolution, we take a closer look at manufacturing work and the rise of smarter, swifter and safer production for employees. Have you ever imagined people from the past being able to come and experience today’s society? If so, you’re not alone! In fact, there are several movies and TV shows based on that very premise. An industry worker from the beginning of 1922 would most likely be astonished to see all the technical progress […]

2022: The year of automation

2022: The year of automation

In early 2022, global supply chains faced a wide range of challenges – labour shortages, fulfilment issues, and heightened end-customer expectations, among others. As supply chain technologies evolve, there is a new urgency for warehouse operations leaders to adopt more advanced automation tools.

In addition to overcoming these challenges, emerging advances in automation present opportunities for achieving more accuracy, greater efficiency, and better working environments for warehouse personnel.

But supply chain decision-makers must navigate this increasingly complex field, identifying the automation investments that will drive the best business results. This article considers the different types of warehouse automation emerging in 2022 […]

Companies need to embrace an innovative path to create new employment opportunities

Companies need to embrace an innovative path to create new employment opportunities

McDonald’s has incentivized workers to join the company, even as it tests AI-enabled drive-thru technology. Inflation will remain elevated this year, bolstered by low labor participation.

Corporate America needs to get creative with sustainable paths to upward mobility for Americans.

This article is part of the "Financing a Sustainable Future" series exploring how companies take step s to set and fund sustainable goals. Get a daily selection of our top stories based on your reading preferences. Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner […]

Cobots And The Job Battle That Never Was

Cobots And The Job Battle That Never Was

We’ve heard the fear echoed time and again: Automation is going to take away our jobs. And time and again, we see the same outcome: There are just as many, if not more, jobs in our more automated world. The effects of the steely arms of robots entering the workforce are likely to be no different than those of the great advances in computing that we have witnessed in recent decades.

Prior to the pandemic, the world found itself in the unusual position of simultaneous AI adoption and employment booms. As The Economist recently pointed out in their Finance & […]

Where have the manufacturing jobs gone as U.S. factories closed?

Where have the manufacturing jobs gone as U.S. factories closed?

Where have all the factory jobs gone ?

The U.S. has lost more than 5 million manufacturing jobs within the past 25 years, hindering the financial mobility of workers without a college degree and taking a particularly heavy toll on workers of color, according to a new report from the left-leaning Economic Policy Institute. At the same time, low-wage service jobs have soared.

"All workers, and especially Black and brown workers were hurt by the loss of more than 5 million manufacturing jobs in this period,” says Robert Scott, senior economist at EPI and co-author of the report that evaluated data […]

future job

future job

Editor’s note: In 2020, a working group at the Massachusetts Institute of Technology produced a comprehensive Report Regarding future work.Since then, the global pandemic has had a major impact on jobs and businesses. future job , By the same author. The book is adapted from the following excerpt and will be published by MIT Press on January 25, 2022.

Ten years ago, powerful mobile phones were still a novelty, driverless cars never appeared on public roads, and computers did not listen to conversations or answer verbal questions. Except for one or two assembly lines, the possibility of robots taking […]

The early days of heavy truck electrification, automation

The early days of heavy truck electrification, automation

If you want to pick a milestone in the convergence of trucks and new mobility, rewind six and a half years to the evening of May 5, 2015.

Daimler introduced what it called the world’s first autonomous truck licensed to drive on public roads, and it did so in a spectacle worthy of Hollywood. It sent the truck, aptly named the Freightliner Inspiration, on an autonomous trek across the Hoover Dam while simultaneously projecting video images onto the dam’s massive concrete wall.

The 30-minute show earned Daimler a Guinness world record for the projection with the highest-ever light output — 1.17 […]

Automation Doesn’t Just Create or Destroy Jobs — It Transforms Them

Automation Doesn’t Just Create or Destroy Jobs — It Transforms Them

Summary. Automation is everywhere these days. While economists often consider the effects of automation in terms of whether it creates or destroys jobs, less attention is paid to how it changes jobs and the wages paid to the workers that perform them. While there are…

The Covid-19 pandemic has accelerated the adoption of cutting-edge technologies. From contactless cashiers to welding drones to “chow bots” — machines that serve up salads on demand — automation is fundamentally transforming, rather than merely touching, every aspect of daily life. This prospect may well please consumers. Forsaking human folly for algorithmic (and mechanistic) perfection […]