Connect with us

Technology

Industrial Automation in Life Sciences Market to Grow by USD 3.66 Billion (2025-2029), Boosted by Healthcare Demand, Report on AI-Driven Transformation – Technavio

Published

on

NEW YORK, Jan. 20, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global industrial automation in life sciences industry  size is estimated to grow by USD 3.66 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  8.7%  during the forecast period.  Growing global demand for healthcare services is driving market growth, with a trend towards growing adoption of open-process automation. However, infrastructural and integration issues associated with industrial automation poses a challenge. Key market players include ABB Ltd., Applied Materials Inc., Aspen Technology Inc., Azbil Corp., Balluff GmbH, Danaher Corp., Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, Festo SE and Co. KG, Honeywell International Inc., Johnson Controls International Plc, Mitsubishi Electric Corp., OMRON Corp., Parker Hannifin Corp., Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF

Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

Deployment (Onsite and Decentralised), Product (DCS, SCADA, PLC, and MES), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

ABB Ltd., Applied Materials Inc., Aspen Technology Inc., Azbil Corp., Balluff GmbH, Danaher Corp., Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, Festo SE and Co. KG, Honeywell International Inc., Johnson Controls International Plc, Mitsubishi Electric Corp., OMRON Corp., Parker Hannifin Corp., Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp.

Key Market Trends Fueling Growth

In the life sciences industry, automation trends like IoT, AI, augmented reality, and Industry 4.0 are transforming the way businesses operate. Semiconductor chips power advanced technologies such as cyber-physical systems, cloud computing, and edge computing. SMEs in the industrial sector are embracing IIoT and wireless sensors for real-time monitoring and control. Control systems are being turbocharged with Programmable Logic Controllers (PLCs), servo, and motion control. Industrial web panels and monitors provide human-machine interfaces, while 5G wireless technology enables faster communication between machines and systems. Digital transformation includes virtual capabilities through software-as-a-service, cloud engineering, and virtual reality. Robots, photoelectric sensors, laser sensors, inductive sensors, AC motors, DC motors, and temperature sensors are essential components of automation in manufacturing, material handling, and networking architectures. Machine learning and advanced analytics are driving innovation in areas like healthcare and automotive. Digitalization is revolutionizing industries like aerospace, heavy engineering, and EV charger stations.

The Open Process Automation (OPA) forum’s vision is gaining momentum in the industrial automation sector, particularly in the life sciences industry. Key industry players are collaborating through this platform to address interoperability challenges. In 2021, ExxonMobil announced a partnership with Yokogawa Electric Corporation, an automation services company. ExxonMobil appointed Yokogawa as their OPA system integrator, responsible for establishing their OPA testbed. This collaboration enables ExxonMobil to evaluate industrial standards, including those used in the pharmaceutical sector, on an integrated testbed platform. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

In the Life Sciences Industry, IoT, AI, and Industry 4.0 technologies are transforming manufacturing processes. Small and Medium Enterprises (SMEs) face challenges integrating IoT sensors, such as temperature, humidity, and torque sensors, into their Industrial IoT (IIoT) systems. Cyber-physical systems, cloud computing, and edge computing are essential for real-time data processing. Challenges include implementing AI and machine learning algorithms, integrating human-machine interfaces, and ensuring cybersecurity. Programmable Logic Controllers (PLCs), servo systems, and motion control are crucial for automation, while robots and safety systems like light curtains enhance productivity. Industry 4.0 technologies like digital twins, virtual capabilities, and cloud engineering offer Software-as-a-Service (SaaS) solutions. Semiconductor chips, wireless sensors, and networking architectures enable connectivity, while 5G wireless technology and advanced analytics boost efficiency. The automation sector, including robotics, manufacturing, material handling, and networking architectures, benefits from digitalization and virtual reality. Sensors, AC and DC motors, and discrete automation are integral to process automation in sectors like healthcare, automotive, aerospace, and heavy engineering. The industrial sector’s digital transformation requires embracing Industry 4.0 technologies like IIoT, AI, and cloud computing platforms to remain competitive.In the life sciences industry, infrastructure and integration issues pose significant challenges to the growth of industrial automation. High-speed Internet is essential for effective implementation, particularly in cloud-based environments. Connectivity problems, power outages, and slow networks can lead to system downtimes, decreasing productivity. Developing countries and small to medium enterprises face these challenges, as well as healthcare or pharmaceutical companies dealing with heterogeneous systems and proprietary tools. Overcoming these obstacles is crucial for maximizing the benefits of industrial automation in the life sciences sector.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview

This industrial automation in life sciences industry report extensively covers market segmentation by

Deployment 1.1 Onsite1.2 DecentralisedProduct 2.1 DCS2.2 SCADA2.3 PLC2.4 MESGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Onsite-  The onsite segment of the industrial automation market in the life sciences industry holds the largest market share due to enhanced security features. Onsite deployment stores data on dedicated servers, providing better control and security compared to cloud-based models. Large life sciences organizations, handling critical research data, prefer onsite healthcare information software solutions for optimal data security with physical access controls and protocols. However, onsite deployment comes with significant capital investments. Enterprises must purchase software licenses, maintain IT staff, regularly upgrade software, and install data protection solutions. These expenses make onsite automation less favorable for small and medium-scale organizations. Consequently, the global industrial automation market in the life sciences industry is expected to witness growth due to the increasing adoption of cloud-based healthcare information software solutions.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 – 2023) 

Research Analysis

In the life sciences industry, Industrial Automation plays a pivotal role in enhancing productivity, ensuring quality, and reducing costs. IoT and Industry 4.0 technologies, including AI, augmented reality, and cyber-physical systems, are revolutionizing the sector by enabling real-time data collection and analysis. Semiconductor chips and wireless sensors are integral to the IIoT infrastructure, allowing for remote monitoring and control. SMEs are also embracing automation through industrial I/O, motion control, and industrial web panels. Control systems, programmable logic controllers, and 5G wireless technology are driving advancements in robotics and material handling. Networking architectures are evolving to support these technologies, facilitating seamless communication between machines and systems. Turbocharging the sector further are cloud computing and industrial monitors, providing access to critical data and insights in real-time. Overall, automation technologies are transforming the life sciences industry, making it more efficient, agile, and competitive.

Market Research Overview

Industrial automation plays a pivotal role in the life sciences industry, driving innovation and efficiency in various manufacturing processes. IoT and Industry 4.0 technologies, such as AI, augmented reality, and cyber-physical systems, are revolutionizing the sector by enabling real-time data collection and analysis. Semiconductor chips power the digital transformation, while IIoT and wireless sensors facilitate remote monitoring and control. Industry 4.0 also includes motion control systems, industrial web panels, and industrial monitors for enhanced human-machine interaction. Programmable Logic Controllers (PLCs), servo systems, and robots are essential components of discrete and process automation. Advanced technologies like 5G wireless technology, digital twin, cloud engineering, Software-as-a-service (SaaS), virtual reality, edge computing, and machine learning are enhancing industrial capabilities. SMEs in the life sciences industry are also benefiting from these automation trends, with networking architectures, cloud platforms, and electronic devices enabling mobility and connectivity. The automation sector is also transforming industries like healthcare, automotive, aerospace, heavy engineering, and manufacturing verticals, with applications ranging from temperature and humidity sensors to EV charger stations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentOnsiteDecentralisedProductDCSSCADAPLCMESGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/industrial-automation-in-life-sciences-market-to-grow-by-usd-3-66-billion-2025-2029-boosted-by-healthcare-demand-report-on-ai-driven-transformation—-technavio-302355269.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Hilco Global Engaged by Stan Lee Holdings to Sell Rare & Valuable Intellectual Property Portfolio

Published

on

By

NEW YORK, July 24, 2026 /PRNewswire/ — Hilco Global, a diversified financial services company that delivers expert professional services and capital solutions to help clients maximize value and drive performance across the business lifecycle, is pleased to announce that its IP Services practice has been engaged by Stan Lee Holdings, Ltd. (“SLH”) to sell a legendary portfolio of intellectual property developed by Stan Lee, the iconic “father of the super hero.” Known as the Omniverse Collection created by Stan Lee, the portfolio represents a treasure trove of original characters and source material developed by Stan when he was leading Marvel Comics and when he built Stan Lee Entertainment – the first super hero animation studio created for the Internet age. This rare and valuable collection of Intellectual Property encompasses dozens of compelling super heroes and stories conceived by Stan from 1999 to 2001 as well as a franchise comprising over 50 well-known characters – the only franchise of Marvel-created characters not owned by Marvel. Full details of the collection, including the individual characters, franchises, and story properties it comprises, will be released in the coming weeks.

Through this collaboration, Hilco Global will work alongside SLH and former EVP of Marvel Entertainment Shirrel Rhoades to find a new home for a body of largely underleveraged super hero and other characters, as well as world-building intellectual property. Numerous supporting  scripts, episodes, and development materials spanning Stan Lee’s career are also part of the offering.

“The Omniverse Collection created by Stan Lee is one of the most significant super hero IP offerings of the decade,” said Eric Hurwitz, Senior Director of the Hilco Global IP Services practice. “This large, diverse portfolio presents the opportunity to capitalize on untapped material with an unmatched pedigree. A buyer essentially has a blank slate to bring these characters to fans worldwide and expand on Stan Lee’s legacy. Hilco Global is thrilled to bring these assets to market, leveraging deep experience across intellectual property and media valuation, licensing, and transaction execution.”

Among the intellectual property being offered is a hidden gem; a connected entertainment universe of Stan Lee’s own creation. “This one-of-a-kind IP collection illustrates just how far ahead Stan was in understanding the future of entertainment,” observed Shirrel Rhoades, who was handpicked by Stan Lee to succeed him as publisher of Marvel. “What we’re bringing to market isn’t a collection of isolated ideas. It’s pieces of one larger vision, a living digital universe in which characters can be created, experienced, and expanded across every form of media.”

Parties can reach out to Ehurwitz@hilcoglobal.com to register interest. More information about the offering, the individual properties within the collection, and the sale process will become available soon.

About Hilco Global:  Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, and intellectual property sectors. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to transact. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/hilco-global-engaged-by-stan-lee-holdings-to-sell-rare–valuable-intellectual-property-portfolio-302834149.html

SOURCE Hilco Trading, LLC

Continue Reading

Technology

GR0 to Acquire Ultimate AI’s Deployment Division and Launch GR0 AI, Turning Brands’ Existing Customer Data Into Revenue

Published

on

By

The new company pairs GR0’s performance marketing distribution with Ultimate Deployment’s AI agents and customer intelligence to build AI revenue systems for DTC and ecommerce brands; in one early deployment, AI-led customer conversations were associated with more than $350,000 in sales.

LOS ANGELES, July 24, 2026 /PRNewswire/ — GR0, the Los Angeles-based digital marketing agency, today announced plans to acquire Ultimate Deployment and launch GR0 AI, a new company that builds and deploys AI revenue systems for direct-to-consumer (DTC) and ecommerce brands. GR0 AI combines GR0’s performance marketing expertise, client relationships and sales infrastructure with Ultimate Deployment’s technology and experience deploying AI agents inside operating businesses.

“AI is creating an entirely new performance channel for brands,” said Jon Zacharias, co-founder and president of GR0. “Most companies already have the traffic, customer data and demand. What they’re missing is an intelligent system that knows who to contact, what to say and when to say it. GR0 AI turns the customer signals brands already own into personalized conversations and measurable revenue.”

The approach is already producing results. In one early deployment, AI-led customer conversations were associated with more than $350,000 in sales during a period in which the brand generated approximately $1 million in total revenue. GR0 AI deployments include attribution and incrementality reporting so brands can measure both assisted and directly generated revenue.

GR0 AI deploys inside a brand’s existing commerce, CRM, email, SMS, phone and customer-data infrastructure. Its systems:

Identify and prioritize high-intent customers and prospects Personalize outreach and follow-up based on customer behavior and company data Conduct two-way conversations across messaging channels, recovering revenue from abandoned carts, dormant customers and unconverted leads Escalate complex or high-value opportunities to human sales and support teams Measure the revenue associated with AI-driven interactions

“Most brands do not have a demand problem.  They already have thousands of customers and prospects sitting inside their systems,” said Ben Ganz, founder of Ultimate Deployment. “We build the company brain, unify the data and deploy AI employees that act on that intelligence. The opportunity falls into two buckets: recover the demand a brand has already earned, and make sure no new opportunity slips through the cracks. GR0 gives us the distribution, market access and operating experience to bring this to hundreds of brands.”

Ganz has spent his career at the intersection of entertainment and technology. He began as a producer on American Idol before moving into digital leadership at Fox, then founded VEGO Pictures, a digital production and technology company that worked with major entertainment and consumer brands and served as in-house production partner to Kevin Hart’s Laugh Out Loud Network. He also co-founded a virtual events company that produced digital graduation experiences for hundreds of thousands of students during the COVID-19 pandemic.

From there, Ganz and his team moved to the frontier of consumer AI, creating what FOX News called Hollywood’s first AI interactive voice experience. They powered AI personalities for creators with a combined audience of 100 million followers and engineered the world’s first AI assembly line for replicating personalities at scale, work the Hollywood Reporter recognized as the “Real-life Her.”  Ultimate Deployment then turned that conversational AI expertise toward the enterprise, building systems that connect company knowledge, customer data, and operational software with AI agents capable of performing real, meaningful business work.

“Ben and his team have built something with the potential to become a major new revenue channel for ecommerce companies,” Zacharias said. “We have seen very few offerings create this level of excitement among sophisticated performance marketers.”

Every GR0 AI engagement begins with an intensive discovery and implementation process: the team interviews key employees, maps the company’s systems and builds a centralized intelligence layer around the business. Lead scoring and prioritization are connected to the brand’s CRM before customer-facing AI agents go live.

“The technical opportunity is clear, and our job is to make it just as clear commercially,” said Kevin Miller, founder and CEO of GR0. “A brand that works with GR0 AI will know exactly what is being installed, how quickly it goes live and what revenue it is producing.”

The acquisition is expected to close this quarter, subject to completion of definitive agreements. Financial terms were not disclosed.

Brands interested in early GR0 AI deployments can learn more at www.gr0.com.

About GR0

GR0 is a full-service digital marketing agency that helps DTC and ecommerce brands accelerate growth through data-driven performance marketing, creative strategy and emerging technology. Co-founded by Kevin Miller and Jon Zacharias, GR0 provides services across SEO, Generative Engine Optimization, paid media, email, SMS, creative, affiliate and marketplace growth, and was among the first agencies to build a dedicated GEO practice, which is recognized by VentureBeat as one of America’s premier Generative Engine Optimization agencies. GR0 is headquartered in Los Angeles. Learn more at GR0.com.

About Ultimate Deployment

Ultimate Deployment builds AI employees for growing companies. Founded by Ben Ganz, the company captures how a business operates, organizes its institutional knowledge, connects its systems and deploys AI agents that perform real operational work across sales, customer experience, marketing, finance and internal teams.

Before its enterprise focus, Ultimate Deployment’s team built consumer AI at entertainment scale, creating Hollywood’s first interactive voice experience, powering AI personalities for creators with a combined audience of 100 million followers and engineering the world’s first AI assembly line for replicating personalities’ work featured by Fox News and recognized by The Hollywood Reporter as the real-life Her.

About Ultimate AI

Ultimate AI, founded by Ben Ganz, is a holding company building AI across consumer and enterprise. It launched during the first wave of consumer generative AI as an early AI super app, bringing more than 100 AI tools and assistants into a single consumer platform that peaked within the top 10 of its Apple App Store category, according to company data. The company then expanded into creator AI, developing technology that lets public figures build interactive AI experiences around their personality, voice, knowledge and content. In 2024, Ultimate AI created Pookie Tools (widely known as the Hawk Tuah AI app), whose launch generated more than 400 million organic social media views and more than 10,000 downloads in its first seven days with no paid marketing, according to company data. It went on to develop real-time voice and personality products, including an experience Fox News described as Hollywood’s first real-time AI experience.

Ultimate Deployment, the enterprise arm that GR0 is acquiring, formed in March 2026 following the release of frontier agentic models from Anthropic and OpenAI, and applies that technology inside operating companies. It builds AI employees that capture how a business operates, unify its data and systems, and perform real operational work across sales, customer experience, marketing, finance and internal teams.

Company: GR0
Media Contact Name: GR0 Agency
Media Contact Email: press@gr0.com
Phone: +1 (310) 439-1887
Address: Los Angeles, CA, USA
Website: https://gr0.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/gr0-to-acquire-ultimate-ais-deployment-division-and-launch-gr0-ai-turning-brands-existing-customer-data-into-revenue-302833764.html

SOURCE GR0.com LLC

Continue Reading

Technology

Tech Mahindra and Cisco Partner to Bring AI-Driven Security Service Edge to Global Enterprises

Published

on

By

PUNE, India, July 24, 2026 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco to deliver an AI-driven Security Service Edge (SSE) offering for global enterprises. The joint offering will help enterprises reduce security complexity, improve visibility and control, deliver seamless user access, and strengthen resilience as they scale cloud, hybrid work, and AI adoption.

The partnership combines Tech Mahindra’s global managed services, integration, and delivery expertise with Cisco’s industry-leading Security Service Edge (SSE) platform (Cisco Secure Access) to provide unified, cloud-native security and seamless zero-trust access across users, devices, networks, and locations. For Tech Mahindra, the partnership strengthens its cybersecurity portfolio with differentiated, high-value managed security services, expands its addressable market, and accelerates pipeline growth in cloud security.

Saket Singh, SVP & Business Head – Digital Core Services (Cloud, Infrastructure, Network and Cyber Security Services), Tech Mahindra, said, “As enterprises increasingly operate in hybrid and distributed environments, security must evolve from siloed controls to unified, cloud-native platforms. Fragmented tools, inconsistent user experiences, and rising threats are creating visibility and control gaps as applications are accessed from anywhere. Through our partnership with Cisco, we are combining advanced SSE capabilities with Tech Mahindra’s managed services expertise to simplify operations, strengthen zero-trust enforcement, and deliver consistent, AI-powered protection at scale.”

By integrating a secure web gateway, cloud access security broker (CASB), zero trust network access (ZTNA), firewall-as-a-service, data loss prevention (DLP), and much more into a single platform, the offering simplifies security operations and delivers AI-powered protection. Enterprises benefit from end-to-end visibility, faster deployment, and a streamlined path to modernizing their security architecture while accelerating secure cloud adoption and cyber resilience. Additionally, as enterprises inevitably step into the agentic era, this solution provides robust and rapidly expanding protections for the use of generative AI and AI agents.

Raj Chopra, SVP & Chief Product Officer, Cisco Security Business Group, said, “Enterprises don’t need another tool to stitch into an already complex security stack. They need a simpler way to secure how work actually happens across users, devices, applications, clouds, and increasingly AI agents. Cisco Secure Access brings zero trust, identity context, and AI-powered protection into one cloud-delivered platform, helping teams enforce policy consistently while giving users seamless access from anywhere. Together with Tech Mahindra’s global managed services and integration expertise, we can help organizations modernize security operations, accelerate secure cloud and AI adoption, and move with confidence in the agentic era.”

The integrated SSE solution reinforces Tech Mahindra and Cisco’s leadership in unified cloud-security, helping enterprises simplify secure access, strengthen resilience and accelerate digital transformation in an increasingly distributed and AI-driven world.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/tech-mahindra-and-cisco-partner-to-bring-ai-driven-security-service-edge-to-global-enterprises-302834077.html

SOURCE Tech Mahindra

Continue Reading

Trending