|Bid||0.00 x 800|
|Ask||162.35 x 1000|
|Day's Range||160.87 - 162.66|
|52 Week Range||120.89 - 162.66|
|Beta (3Y Monthly)||1.55|
|PE Ratio (TTM)||91.18|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||156.40|
If you asked the average person on the street what Robotic Process Automationis, most probably wouldn't have a clue
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
(Bloomberg) -- Walmart Inc. came to dominate retailing through its mastery of logistics—the complicated choreography of getting goods from farm or factory to the consumer. But even the world’s biggest store doesn’t make money selling its wares online in the U.S., largely due to runaway shipping costs. So Walmart is turning to robots.On a drizzly morning earlier this month, Walmart’s U.S. chief Greg Foran led reporters to a curbside package pickup kiosk outside its supercenter in Rogers, Arkansas. Idling there were three Ford delivery vans outfitted with self-driving technology developed by a Gatik, a Silicon Valley startup charged with a trial run aimed at cutting Walmart’s middle-mile shipping costs in half. Going driverless in pursuit of profit is a “no-brainer,” Foran said.As the buzz about human-carting robo-taxis starts to short-circuit, an unheralded segment of the driverless future is taking shape and showing promise: goods-moving robo-vans. Rather than serving up hot pizza pies or deploying headless robots to carry groceries to the doorstep, robo-vans travel on fixed routes from warehouse to warehouse or to a smaller pickup point, transporting packages to get them closer, but not all the way, to consumers.This may be the least glamorous part of the driverless delivery business, but the market for these monotonous “middle miles” could reach $1 trillion and may provide the fastest path to prosperity, analysts say.“This area has the least number of obstacles and the most certain return on invested capital in the near term,” said Mike Ramsey, an analyst with consultant Gartner Inc. “If you’re looking to start a business where you can actually generate revenue, this has fewer barriers than the taxi market.”Driving the demand is the boom in online shopping that has helped cause a severe shortage of truck drivers that tops 60,000 unfilled long-haul positions, according the American Trucking Associations. That has sent costs soaring for a job that is among the most dangerous due to the risk of wrecks and long periods spent on the road.Related: `Smokey and the Bandit' Charm Fades as Trucking Hiring Lags“This middle mile is the most expensive part of the whole supply chain; it’s a huge pain point,” said Gautam Narang, CEO of Gatik, which is attempting to automate Walmart’s “hub and spoke” warehouse system. “This fills a big gap in the market.”From a technological standpoint, business-to-business, or B2B, delivery is the straightforward counterpoint to the complexities of autonomous ride-hailing and driverless delivery directly to consumers, known as B2C or last-mile. Robo-vans like those being put to the test at Walmart follow fixed routes over and over, reducing the chance of mishaps and increasing their time in service generating revenue. Many of these routes are already established using human drivers today, so there’s little need to map new paths and create infrastructure to load and receive the goods.Related: Robot Rides Are Going to Deliver Pizza and Parcels Before PeopleFord Motor Co., testing many forms of driverless delivery, calls these repeatable routes “milk runs,” a throwback term to the days of household dairy delivery.“Anything on driverless delivery that is a milk run is a good application for autonomy,” said Sherif Marakby, chief executive officer of Ford’s autonomous vehicles unit. “B2C is a complex implementation for autonomy that will come with time, but B2B just makes it easier because you get volume and you can be more predictable.”The case for robots ferrying packages before people is becoming more compelling as robo-taxis struggle to gain traction. Consumers have grown wary of giving up the wheel, especially after a pedestrian was killed last year by an autonomous Uber Technologies Inc. test car. Waymo, Alphabet Inc.’s driverless unit, initiated limited automated ride-hailing in suburban Phoenix late last year with human “safety drivers” on board. General Motors Co. no longer says it will debut a similar service this year. Instead, CEO Mary Barra now says the rollout will be “gated by safety.”QuicktakeWhen the Driverless Cars Arrive, Will You Climb In?: QuickTakeDriverless delivery also has another big advantage over robo-taxis: no demanding human passengers. “People have more emotions than boxes,” Ford’s Marakby said.Meanwhile, driverless delivery is already hitting the road. Swedish startup Einride recently began low-speed robo-deliveries on public roads in its home country. It has signed up several Fortune 500 clients, like tire-maker Michelin, plus logistics service provider DB Schenker and German grocer Lidl.Looking like a Star Wars Imperial troop transport on wheels, Einride’s T-Pod trucks are 60% cheaper to build because they lack a passenger compartment. If they get into a jam, they can be remote controlled by humans from a command center. One human monitors the remote controls for 10 trucks. The T-Pods operate in self-driving mode 95% of the time, according to CEO and founder Robert Falck.Stuffed with payload and no human driver, a T-Pod can operate around the clock and cut shipping costs in half. That’s why Falck says his company is already profitable, though he declines to give specifics.“There are solid economics behind this and that’s also what the customer realizes,” Falck said. “If you break down the numbers, it’s the best business case out there.”TuSimple, a San Diego startup valued at $1.1 billion, leads a pack of tech outfits seeking to automate long-haul trucking. The company has a fleet of 50 robot Peterbilt and Navistar trucks that have been transporting commercial loads in Arizona for a year. And while it isn’t profitable yet, it expects to book revenue of more than $1 million a month in the second half of the year.“If you break down the numbers, it’s the best business case out there.”In the final two weeks of May, its self-driving big rigs—equipped with cameras that can see more than a half-mile down the road—completed 10 test runs for the U.S. Postal Service of an arduous 1,000-mile stretch from Phoenix to Dallas. Over Memorial Day weekend, the trucks faced howling crosswinds and “mud rain,” a blinding combination of dust, wind and rain. And yet the robo-rigs consistently beat human-driven trucks to the mail depot by as much as two hours. “We were approaching the edge of our operational design domain,” said Chuck Price, TuSimple’s chief product officer. “But we were able to demonstrate that we can do it much faster, with high consistency and high reliability. So bottom line, it’s more efficient.”By next year, TuSimple says it will pull the safety driver and engineer it currently has babysitting its rigs and go fully driverless—something no robo-taxi has committed to yet. By 2023 or 2024, the company plans to have “commercially ready” robo-rigs rolling out of a factory of a major truck maker.That kind of confidence is hard to come by these days among the purveyors of robo-taxis, still struggling to figure out how to navigate the pedestrians, cyclists and unpredictable traffic of chaotic urban environments. Increasingly, the call of the open road and the mundane middle miles between warehouses is proving to be the clearest path to the autonomous future. That’s why big players like Waymo and Tesla Inc.—still working on driverless people haulers—are also developing robo-rigs.“There’s absolutely a market for this sort of thing,” said Sam Abuelsamid, an analyst with Navigant Research. “People don’t really care much about what goes on behind the scenes to get them the products they want. But the value of all the goods being moved is far more than ride-hailing applications.”To contact the authors of this story: Keith Naughton in Southfield at email@example.comMatthew Boyle in New York at firstname.lastname@example.orgTo contact the editor responsible for this story: Anne Riley Moffat at email@example.com, Chester DawsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
New Research Reveals More Effective Approaches to Three Common Cost-Cutting Tactics in Sales
“We are still several years away from creating autonomous virtual customers that can function with minimal human intervention,” said Tiffany Fountain, vice president and team manager at Gartner. “However, existing capabilities suggest virtual customers will become a greater presence in purchase and service activities.
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
Experts Discuss Key Issues Facing CFOs at Gartner CFO & Finance Executive Conference, June 10-11, in Washington D.C. Most organizations will fail to realize the full value of new financial application purchases because they are not accounting for digital capabilities that they will require in the future, according to Gartner, Inc. Gartner experts at the Gartner CFO & Finance Executive Conference discussed key drivers of financial application buying behavior and the associated challenges of maximizing returns on new technology investments, as predictive analytics, artificial intelligence (AI) and machine learning capabilities will increasingly shape the needs of finance departments in the future.
While compensation remains a top driver to attract and retain talent in the U.S., employees only expect about a 10% salary increase to switch employers, while companies are offering average compensation increases around 15%, according to a recent survey by Gartner, Inc. The latest data from Gartner’s 1Q19 Global Talent Monitor shows that while many U.S. employers continue to extend lucrative compensation offers to persuade workers to switch companies, the premiums to attract talent might not be as high as employers think. “Not only are U.S. employers often paying too much to new workers, but once tenured employees discover discrepancies between their salaries and those of new colleagues, they may be more inclined to look for another position elsewhere,” said Brian Kropp, group vice president in the Gartner HR practice.
Experts Discuss Key Issues Facing CFOs at Gartner CFO & Finance Executive Conference, June 10-11, in Washington D.C. Conflicting signals on the economy and related uncertainty should be looked upon by CFOs as an opportunity to accelerate growth and innovation strategies, according to Gartner, Inc. During the opening keynote at the Gartner CFO & Finance Executive Conference today, Gartner experts highlighted the key differences between firms that use uncertainty to accelerate business performance and those that stall, and the specific behaviors of CFOs that allow their firms to accelerate during times of economic and industry uncertainty.
Beijing, China-based Datasea (DTSS) is an emerging technology company that develops information technology (IT) systems and network security solutions, leveraging its proprietary technologies and IP to provide complete security solutions that are designed, built and customized to each client’s specific needs. For example, the need for external cyber-security services is sizable and growing. According to AT&T Cybersecurity Insights, small businesses don't usually have access to the resources they need to create and maintain a cohesive cybersecurity strategy.
Fifty-five percent of organizations in North America will offer their employees “Summer Fridays” this year, according to a survey by Gartner, Inc. This is a 9% increase from the number of North American organizations that offered Summer Fridays in 2018, and a 43% increase from the number of organizations globally that had similar benefits back in 2012. “Summer Fridays” — days that organizations offer employees the option to leave early or take the entire day off — are an example of the perks organizations are offering to gain competitive advantage in attracting and retaining top talent.
Nearly half of CIOs in Canada are heavily involved in defining new business models in their organizations, according to a survey conducted by Gartner, Inc. This is consistent with their top three priorities for 2019: revenue and growth, digital initiatives, and operational excellence. “Our survey results show that Canadian CIOs are playing an active role in business model change, showcasing the importance that information and technology (I&T) has on creating business models that were not possible in the past,” said Chris Howard.
The BPA, which will cover the discovery and assessment phase of the IT modernization program, was awarded to 22 contractors, spanning seven areas of Centers of Excellence focus.
Analysts Discuss the Outlook for the Canadian IT Market During Gartner IT Symposium/Xpo 2019, June 3-6, in Toronto
Gartner also said Huawei continued to reduce the gap with Samsung, but warned that growth could be limited in the near term. The United States on May 15 blocked Huawei from buying U.S. goods saying the company was involved in activities contrary to national security. The Trump administration softened its stance last week by granting Huawei a licence to buy U.S. goods until Aug. 19.
Gartner, Inc. (IT), the world’s leading research and advisory company, today announced that Craig Safian, Executive Vice President and Chief Financial Officer, will present at the William Blair 39th Annual Growth Stock Conference in Chicago, Illinois. Gartner’s presentation is scheduled for 12:40 pm CT / 1:40 pm ET on Thursday, June 6, 2019.
Generation Z (Gen Z) consumers are 1.5 times more likely to follow a brand that provides content that boosts their own image, according to Gartner, Inc. Where previous generations were concerned with fitting in, Gartner research — which was presented at Gartner Marketing Symposium/Xpo in San Diego, April 29-May 1 — shows that Gen Z consumers are breaking that mold by creating and enjoying greater freedom to test and shape an identity that stands out. “Gen Z consumers are the most diverse generation ever and the most digitally savvy,” said Jack Mackinnon, senior principal analyst at Gartner.
Key Issues Facing CFOs to Be Discussed at Gartner CFO & Finance Executive Conference, June 10-11, in Washington, D.C. Fifty-one percent of shared-service users in finance departments either do not accept or are indifferent to the benefits of these services, according to a recent survey by Gartner, Inc. This survey of 1,500 employees and 50 shared-service leaders shows that this lack of commitment to shared services correlates strongly with several costly outcomes for businesses, such as 29% more service disruptions, 19% more customer complaints, and implementation delays being five times more likely. “CFOs and finance leaders must get better value from shared services and accept that their commitment is vital to delivering on cost optimization goals that often are part of a shared-service strategy,” said Sanjay Champaneri, director at Gartner.
Gartner, Inc. (IT), the world’s leading research and advisory company, today announced that Craig Safian, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at Baird’s 2019 Global Consumer, Technology & Services Conference. Gartner’s presentation is scheduled for 4:20 pm ET on Tuesday, June 4, 2019. A link to the live webcast of the presentation will be available via the Company's web site at http://investor.gartner.com.
Key Issues Facing CFOs to Be Discussed at Gartner CFO & Finance Executive Conference, June 10-11, in Washington D.C. The best CFO approaches to cost management deliver up to a 7 percentage point return on invested capital premium since 2010, according to Gartner, Inc. The findings come from a new study of long-term value creation in more than 1,000 of the world’s largest companies (by market cap). “Company costs have increased faster than revenue since 2013, creating a profitability gap that has not been filled even as earnings have improved from their 2014 slump,” said Jason Boldt, director at Gartner.