Automation Impact

Bengaluru-based startup will use Series A financing to expand business

The impact of process automation to address the looming workforce productivity challenges will be enormous, says Kothari

The Rs 200 crore unit has a manufacturing capacity of 100,000 robots a year of different specifications and categories. According to the company, this is a unit where "robots will make robots"

Nearly 69 per cent of jobs in India are under threat from automation, as the country, with its relatively young workforce, is set to add 160 million new workers over the next 20 years

New technologies also create new jobs, but the skills they require do not always match the old jobs

India ranks fifth highest in terms of the impact from automation and ninth in terms of level preparedness, according to a research study conducted by Deloitte and commissioned by Autodesk Foundation

The employees responsible for tackling hacking threats have alleged that the Silicon Valley giant is replacing them with machines and is automating its alert response and security teams

According to a study by Capgemini Research Institute, India ranks fifth in adoption of automation technologies at scale

Automation will double over the next three years in Indian factories

The unemployment rate is below 4 per cent for the first time since 2000, and recent data show that the country has more job openings than unemployed Americans

Robotic process automation software is top investment priority in 2018

The report noted that by 2022, 60-65 per cent of Indian workforce in the IT-BPM sector would be deployed in jobs that have radically changed skill sets

According to the FICCI-Nasscom and EY 15-20 per cent of workforce in the sector would be deployed in new jobs that do not exist today

The consulting company said Wednesday that both developed and emerging countries will be impacted

About 55% of respondents comprising 522 companies across the globe believe that digital innovation for recruitments is going to be the new normal.

Research is being done on what makes millennial employees feel engaged. It points towards a need for inclusion and their voices being heard

As many as 50 billion devices (like phones, smart TVs, smart refrigerators) would be connected by 2020

Increasing power of automation and artificial intelligence technology means more pain may follow

Absence of liquidity will bring down demand in the market, with few takers for finished products

Scientists say people with higher IQs also are less likely to fall victim to growing automation