Siemens AG plans to reduce its global headcount by some 6,000 workers, with about half of the cuts coming in Germany, as the ...

Does increasing wage pressure encourage automation? Economic theory suggests that it does. Rising wages drive innovation in automation technology as firms seek cost-saving innovations to replace ...

Rising wages drive innovation in automation technology Date: February 25, 2025 Source: University of Zurich Summary: Labor market policies shape firms' innovation dynamics. A new study shows for ...

While GenAI has garnered much of the AI spotlight, its short-term applications overshadow the long-term strategic impact made ...

Developing a well-thought-out strategy can increase your chances of staying competitive, with automation—and perhaps AI—being ...

Does increasing wage pressure encourage automation? Economic theory suggests that it does. Rising wages drive innovation in automation technology as firms seek cost-saving innovations to replace ...

In the final part of his video interview with Pharma Commerce Editor Nicholas Saraceno, Jason C. Foster, CEO of Ori Biotech, ...

In today’s fast-paced industrial landscape, innovation in automation has become a cornerstone for maintaining competitiveness. Modern manufacturers are under immense pressure to streamline production ...