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Economy

Adapting Robotic Production Lines for a Titanium-Focused Economy

March 23, 2022 by David Edwards

With the post-pandemic recovery well on its way, the new jobs market has placed a clear focus on hygiene.

According to CNBC, 66 percent of workers want cleaner, even sterile, working conditions, and that’s independent of their industry. Creating the tools and surfaces required to meet this demand will fall on factories and robotic, or automated, machining.

In turn, this will require innovation to work with materials that are conducive to that sterile environment – which poses a challenge to manufacturers and their robotic factory lines. [Read more…] about Adapting Robotic Production Lines for a Titanium-Focused Economy

Filed Under: Economy Tagged With: antimicrobial, automated, demand, devices, economy, factories, factory, lines, materials, medical, produce, production, robotic, sterile, surfaces, titanium, travel

How tech innovations are changing the way car dealers operate

January 28, 2021 by Liv

To meet customers’ needs and stay at the forefront of the industry, many independent car dealers are looking towards auction software as a part of their business strategy.

This digital transformation can streamline the process from start to finish and is helping to increase the customer base for dealers who are used to a more traditional, but somewhat limiting, operation.

Taking logistical limitations out of the equation means that you no longer must travel to and from auctions with only a hope and a prayer that the perfect combination of buyers and inventory will be available to you on a set day and time. [Read more…] about How tech innovations are changing the way car dealers operate

Filed Under: Business, Economy, Features Tagged With: auction software, automotive business, business, car auction, car business, car dealers, car sale trends, car sales, online auction, online car sales, sell cars online

What will become of the Bitcoin post covid-19?

January 2, 2021 by Elaine

Since many jobs had to be done remotely during the pandemic, we have become used to the idea and this practice will probably continue once it is over. For instance, there are robots doing remote surgery and many other things which would have seemed impossible before.  This trend will most likely continue once Covid-19 is just a bad memory. 

This will be the case, sooner rather than later. With many vaccines coming out as viable candidates and even pharmaceuticals that help people with the virus heal faster, we will be out of the woods in the not so distant future. Once it does, will life get back to normal?

We are going to see some changes that occurred during the pandemic become permanent. The next question is, how does the bitcoin fit into the future once the pandemic has gone?

In this article, we will take a look at a few factors that may give us an indication of what the future of bitcoin will look like post Covid-19.

The price will only go up

A lot of things came together during the pandemic that helped bitcoin and cryptocurrency in general out quite a bit. One was that the uncertainty of the stock market drove a lot of people to buy bitcoin to store their money while they waited to see what would happen. Many weren’t doing it as an investment, but the value rose so much that they made a tidy profit from doing so. And this made a lot of people bullish on the currency.

Another factor is that you can now buy BTC with PayPal which has made it much easier for the general population to buy bitcoin. Those that don’t have a bank account can now safely and easily buy the currency and use it to invest, trade or use to make purchases. This will surely lift cryptocurrency out of an underground currency that only the tech savvy among us use into a mainstream one used by the masses.

The real opportunities

For a long time, people saw the bitcoin as merely a vehicle for speculation. You bought the coins to trade at a profit and that’s as far as it went. Now that inflation is rearing its ugly head due to many governments pumping cash reserves into the economy, it is being used as a way to store value and to use as an actual currency. 

The biggest advantage that a cryptocurrency has is that it is never prone to inflation. There is a cap on how many bitcoin will be mined, for instance. This is not the case with fiat cash as it can be printed on demand by a reserve or government. This leads to inflation that is immune to cryptocurrency. The value may fluctuate due to many factors, but it won’t lose its value due to more bitcoins being produced.

The other real benefit is that bitcoin is portable. It can be used to pay for things in any part of the world without dealing with any currency conversions. In the post Covid-19 world, we may see the world get even smaller as people work and operate remotely. People will start moving to areas where the cost of living is lower and rely more on cryptocurrency than the devalued local currency. 

Important: Please note that RoboticsAndAutomationNews.com is not a financial advice website and, therefore, does not give any financial advice of any kind. Please take professional financial advice before making any investments with anyone or any company or organisation. And remember, all investments are a risk. We certainly do not suggest investing in anything at all, including any investments that may be offered in this contributed article. We only provide news and information, usually through contributed articles. Readers are entitled to make investments at their own risk. 

Filed Under: Economy, News, Sections A-Z

The Digital Transformation of Small Businesses

November 17, 2020 by David Edwards

Digital transformation in the form of technologies, marketing, and data is necessary for businesses to remain relevant in the competitive and ever-changing market.

Recently, word out there is that digital processes override traditional processes. For most small-scale businesses, digitizing their companies can seem intimidating given that most of them operate with a small budget.

When expanding internationally, it can be challenging for small businesses to hire and manage employees abroad. [Read more…] about The Digital Transformation of Small Businesses

Filed Under: Economy, Features Tagged With: business, businesses, customer, customers, digital, small, tools, transformation

Jeff Brown’s latest prediction on stock markets: The second wave

November 13, 2020 by Polly

stock exchange

Stock markets are always unpredictable. You can lose money in split seconds or become a millionaire too.

However, Jeff Brown views the stock market differently, and losing is not his portion. He believes in seizing opportunities in current technologies and situations.

Jeff can predict potential brands to invest in for great profits in the future. During his latest prediction (the second wave), Brown feels the current market is not stable and poses a great risk in the near future. [Read more…] about Jeff Brown’s latest prediction on stock markets: The second wave

Filed Under: Economy, Promoted Tagged With: believes, brown, company, future, jeff, learn, market, markets, newsletter, percent, prediction, report, second, small, stock, tech, wave

Here’s How Social Media Managers Can Train the Creative Team More Effectively

November 13, 2020 by Liv

Social media has seen rapid growth in the field of marketing. Reason? Digital revolution. These channels are perhaps the best ways for users to connect with their friends, expand their network, or even help them with their careers.

Being home to almost every age group today, social media platforms are the perfect channels to promote products or spread awareness about the brand. This has led to social media becoming a popular choice of career.

A majority of organizations are now hiring a dedicated creative team to take care of their digital and social media marketing. Consequently, the need to ensure the training and development of this workforce has also seen a rise. [Read more…] about Here’s How Social Media Managers Can Train the Creative Team More Effectively

Filed Under: Economy, Promoted Tagged With: best, creative, digital, easier, effective, employees, learning, lms, managers, media, offer, social, team, tools, training

Essential Marketing Tech Tools

November 6, 2020 by Polly

Few areas of business have escaped the technological revolution. Indeed there is so much that can be gained by embracing the latest tech trends commercially.

In particular, tech is changing the face of the way business markets their brand and products – something that can make keeping up with the increasing demands of an effective marketing schedule that little bit easier.

Not to mention help to supply potential customers with a consistently positive experience each time they interact with your brand. [Read more…] about Essential Marketing Tech Tools

Filed Under: Economy, Promoted Tagged With: automation, better, business, cms, content, course, create, creating, effective, essential, fortunately, good, including, interaction, interactive, manage, management, marketers, marketing, people, positive, qr, success, tech, time, users

Smart Home Upgrades for Modern Living

November 6, 2020 by Polly

A smart home is a happy home. At least, in the sense that the easier you make things for yourself and your family, the better!

These days, planning and going about renovations is as much about smart home upgrades as it is the usual decorative touches. A gadget here, a convenience there and before you know it you’re wondering how you got by without them.

But which smart home upgrades for modern living should appear at the top of your ‘must-buy’ list? If you’re planning on bringing a few 21st century mod-cons into your home this year, which indispensable gadgets should you make a beeline for? [Read more…] about Smart Home Upgrades for Modern Living

Filed Under: Economy, Promoted Tagged With: automation, device, gadgets, going, latest, mobile, neat, robot, security, smart, system, systems, technology, thermostats, upgrades, vacuum, video

8 Foolproof Ways to Keep Your Remote Team on the Same Page

October 30, 2020 by Polly

Keeping your remote team on the same page as you and your other team members is so important if you want a happy, healthy team that is efficient and gets results.

Many businesses are having to implement remote teams this year, and it looks like things might stay this way for a while. This can certainly suit some team members, and they may not need any assistance at all to get into the swing of things. [Read more…] about 8 Foolproof Ways to Keep Your Remote Team on the Same Page

Filed Under: Economy, Promoted Tagged With: remote, team, things, work

A five-step plan towards a successful robotics startup

October 29, 2020 by Liv

At its core, a robotics business budget is a spending plan for your startup that takes into account both your income and the expenses related to its activities.

It helps you understand how big your financial power is, along with how you can keep your business out of debt and minimize any troubles along the way. The most important components of a financial budget are:

– Estimated Revenue
– Profit
– Fixed Expenses
– Flexible Expenses

However, a financial plan alone won’t help you create a profitable startup. The following five tips are designed to complement it and ultimately lead you to a prosperous and profitable journey. [Read more…] about A five-step plan towards a successful robotics startup

Filed Under: Economy, Promoted Tagged With: robotics business, Spokeo, startup

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