Digital payments and banking technology company, Cashfree, has announced its partnership with Shipway, an eCommerce automation platform, for faster processing of Cash-on-Delivery (CoD) order refunds. With this partnership, Shipway’s merchants can now process refunds in a single click using Cashfree’s Payouts platform, according to a statement made by the company. Commenting on this partnership, Reeju…
DesignX specializes in shopfloor hyper-automation with its industry-agnostic product suit DFOSTM (Digital Factory Operating System). DFOSTM is a SaaS based product to discover, analyze, design, automate, measure shopfloor processes. According to Gartner Hyper-automation is a combination of tools, including Robotic Process Automation (RPA), intelligent Business Management Software (iBPMS) and AI, with a goal of increasingly AI-driven decision making. Also, “Hyper…
Schneider Electric, the provider of digital transformation of energy management and automation, has doubled down on its long-standing strategy to embed environmental, social and governance considerations into every facet of its activities – and to assist its customers and business partners in achieving their own sustainability objectives. The announcement coincided with the news that Corporate Knights,…
UK-based automation solutions company Enate recently announced that it has raised $2.8mn in a Series A funding round led by Northern Venture Capital Trust (VCT) Funds. The company said that the investment will allow it to further develop its platform and expand its customer base and distributor network across Europe and Asia. Enate provides a…
Traditional jobs have all been under the fear of getting replaced by the new-age technologies. Automation at manufacturing has already cut several jobs and employee unions worldwide have been vocal about the impact of automation on livelihoods. But organizations have always backed such technologies to reduce manpower cost, increase efficiency and cash on profits. In…
Chinese transportation company, DiDi recently announced that it has completed a $500mn fundraising round for its self-driving unit. The funding round was led by Masoyoshi Son-led SoftBank’s Vision Fund 2. The ride hailing giant said in a statement that the round marked the first time DiDi’s self-driving business had brought in external funding since it…
As robotics and advanced automation continue to spread throughout the American workplace, workers express conflicting and sometimes flatly contradictory attitudes about the impact these new technologies will have on their lives. According to the third annual national study from edtech firm MindEdge/Skye Learning, nearly one-third (32 percent) of American employees report that advanced technology –…
“Introduction of AI at workplaces will also increase the number of working professionals who suffer physical disabilities. AI and emerging technologies will help organizations reduce the barrier to access for these specially-abled professionals.”With the advanced stage innovations being done in the field of Artificial Intelligence (AI), a fear has been looming over the fate of…
In a wave of resignations, at least 15000 employees have quit Axis Bank in the past few months. The maximum number of resignations came from mid-level to branch level executives. People familiar with the development said that the resignations are because of the new growth drive which employees were struggling to cope up with. According…
In India about 1.2 crore people enter the workforce every year but the pace of job creation remains far below than what is needed, even though the economy is growing at over 7 percent.