10 Most Disruptive Automation Companies to Watch 2022

1. VOL 02 ISSUE 13 2022 Johan Larsholm Owner/Marke?ng Manager Ola Lindh CEO Automation 2022 Top 7 Trends in the Automation Industry 21st Century Workforce Artificial Intelligence, Automation, and the Future of Workx 0 RANDEK

4. W e hear people complain these days that everything is becoming automated. The robots are taking our jobs away. The AI is coming for us all! The 'Terminator Scenario,' and all that doom and gloom. VOL 02 ISSUE 13 2022 The debate of 'will AI automate our jobs away?' is heating up by the day. But without throwing caution to the wind, I think that we should not be scared of this process of widescale automation. After all, this is just evolution running its course. We are creating artificial minds that can accomplish astonishing feats so that our minds and bodies don't have to. Minds that are not limited by our physicality, our tendency to err, our biology, or even the existential dread which we call 'the human condition.' This is the transformation that automation promises, and it is speeding up at an exponential rate. From improving workplace efficiency to aiding in completing projects on time, from delivering products to enhancing the customer experience, automation is proving to be a colossal disruptor in businesses arenas. The advantages of automation are abundant. Automation reduces time, effort, and cost, improving the operational efficiency of businesses. Recurring tasks can be completed faster. Optimally automated processes ensure high-quality results as the aspect of human error is minimal. The Exponents of Evolution

5. Another emerging name in the automation industry, AXYN Robotique, is on the mission to put robotics at the service of humans, everywhere and in all circumstances. The company's 'telepresence robots' allow people to attain ubiquity; people can be virtually present at multiple places in proximity of their loved ones and collaborators. Repetitive tasks can become boring and tedious. A company can allocate more engaging activities to its employees by automating tasks, thus uplifting employee satisfaction. Happier employees, efficient operations, and superior quality of work all enable teams to focus on improving customer satisfaction. Fizyr sports a world-class automated 'pick & place' software for items and parcels. It is trusted by more than 20 global leading integrators to build robust picking ad stacking cells using Fizyr vision software product. This is the modern workforce, and automation companies are the foremost champions leading the evolution. These companies use software applications to automate business processes so as to not waste human effort to do mundane tasks, freeing the human intellect to focus on more important tasks and responsibilities. In this special edition of Insights Success magazine, '10 Most Disruptive Automation Companies to Watch,' we are honored to feature the stories of such enterprises leading the evolution of the modern workforce and providing unique automation solutions to businesses and industries alike. Also, be sure to check out the interesting articles written by our dedicated in-house editorial team. Today, the widespread adoption of industrial automation is witnessing steady growth with the dawn of exciting new trends such as Industry 4.0, IoT, 5G, smart devices, and the high demand for large-scale mass production across various industries. Sufficed to say, the demand for automation companies is at an all-time high. So, sit back, relax, take a break from your memes, and put your phone on silent. Because its going to be a great read! Meeting this demand is Randek – a pioneer in creating innovative automation solutions for customers within the prefabricated house manufacturing industry. One of the world's leading suppliers of high-performance machines, Randek primarily leverages its technology to build the most advanced and sustainable buildings! - Aditya Umale

6. Articles 20 32 ST AUTOMATION 2022 Top 7 Trends in the Automation Industry 21 CENTURY WORKFORCE Arti?cial Intelligence, Automation, and the Future of Work Axyn Robotique 16 A Leading Robotics and Automation Solution Provider doks.innovation 24 Gmbh Bringing Digitization into Warehouse Management Fizyr B. V. Automating Human Tasks by Developing High-quality Computer Vision Software 28 36 CxO Raj Kapoor

7. CONTENTS Cover Story 08 Building the Future with Disruptive Technologies RANDEK

8. Editor-in-Chief Pooja M Bansal Anish Miller Senior Editor Managing Editor Assisting Editors Trishika, Aditya Abhishaj Sajeev Visualiser David King Rohil Shinganapurkar Art & Design Head Co-designer Paul Belin Art & Design Assistant Mrunalinee Deshmukh Business Development Manager Marketing Manager Sherin Rodricks Joseph D'souza Business Development Executives Kelly, David Sales Executives Mark, Alice Technical Head Jacob Smile Assistant Technical Head Amar Sawant Technical Consultants Prachi, Rajeshwari Alina Sege Digital Marketing Manager Assistant Digital Marketing Manager Renuka Kulkarni SME-SMO Executives Gemson Research Analyst Eric Smith Circulation Manager Tanaji sales@insightssuccess.com February, 2022 Corporate Ofce Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-859-2600 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com www.twitter.com/insightssuccess Follow us on : www.facebook.com/insightssuccess/ We are also available on : RNI No.: MAHENG/2018/75953 Copyright © 2022 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success. Reprint rights remain solely with Insights Success.

9. Featuring Company Name Brief AXYN Robotics axyn.fr Axyn Robotique is a French-based start-up created around the project of proposing innovative robotic solutions to the many. Frank Anjeaux Founder and CEO CLX Engineering specializes in custom engineered software and control systems. Over the years, the company has proven to its clients that it is customer-focused, able to innovate new solutions and remain cost-effective. CLX Engineering clxengineering.com Kevin Wilcox President Mike Becker, Co- founder and Senior Software Developer and Christian Sproedt, Strategic Sales Manager doks. innovation optimizes inventory processes in intralogistics with modern technology, for example drones, and software that processes visual data. doks. Innovation doks-innovation.com Fizyr designs, builds, and installs a standardized computer- vision software that detects unknown objects varying in shape, size, colour, material or stacking. Fizyr B.V. fizyr.com Herbert Ten Have CEO The Inverter Drive Supermarket is an Industrial Automation Distributor specialising in starters and speed controllers for electric motors - specifically AC Variable Frequency Inverter, DC Thyristor and Servo Drives as well as Soft Starters, motors and ancillary components. Inverter Drive Supermarket inverterdrive.com Colin Gibson Director Phoenix Contact is the global market leader and innovator for electrification, networking, and automation on the path to a smart world. Phoenix Contact phoenixcontact.com Frank Stührenberg CEO Power Automation is a joint venture formed in 1996 between SP Group and Siemens, providing innovative and cutting-edge technologies that help to deliver Power System Control, Substation Automation, Smart Grid and Metering, and Protection Systems. Power Automation Pte Ltd pa.com.sg Benjamin Tay CEO Johan Larsholm, Owner/Marketing Manager and Ola Lindh, CEO Randek is a pioneer in creating innovative automation solutions for customers within the prefabricated house manufacturing industry. Randek AB randek.com Ronan provides industry-changing instrumentation that makes industrial plant operations safer and more efficient Ronan Engineering ronan.com Mike Zaharna CEO Turck is your global automation partner for automating factories, processes and logistics across numerous industries. Turck turck.com Michael Gürtner MD

10. Building the Future with Disruptive Technologies “ Randek has products from manual systems to fully automatic ones. It has a robust technology platform (software, mechanical design, etc.) developed over decades and a strong market presence. “

12. The 10 Most Disrup?ve Automa?on Companies to Watch Volume 1 L emerging technologies in every sector every day, and the saying, ‘swim against the tide,’ cannot be applied here if you want to be successful. The automation industry is no exception to this fact. The USP ittle did any of us imagine that the sci-fi movies we watched in childhood would become a reality. But it is a fact that we are witnessing Randek always had a global focus, with the strongest being in Europe, North America, and Australia. It has the highest capacity and automation level for walls (auto wall, zero labour system), floors (auto floor system), roof trusses (AutoEye Truss System). It is a technology leader in the business. The company’s latest launch ZeroLabor System 3.0 is even more automatic and adaptive to produce building components in steel and timber frames. Video here: Randek ZeroLabor 3.0 - YouTube Technology has made one thing loud and clear for the automation industry - if manufacturers want to have a stronghold in Industry 4.0 revolution, it is imperative to incorporate technologies like artificial intelligence, machine learning, and the like. General Randek delivers high-quality solutions. The company’s employees are down-to-earth people owing to which it is easy to do business with them. Their USP includes developing machines together with customers. Ahead of the race in the automation industry is Randek, a pioneer in creating innovative automation solutions for its customers. We had the opportunity to learn more about how the company is leveraging technologies to deliver its best and stand out of the herd. Randek has products from manual systems to fully automatic ones. It has a robust technology platform (software, mechanical design, etc.) developed over decades and a strong market presence.

13. Ola Lindh CEO Johan Larsholm Owner/Marke?ng Manager. Although we need to visit customers, many activities are solved using online services. The pandemic in the long term has increased the demand for automation even more. , , , , Besides, a high-performing team across the Randek family is currently developing customized high- performance solutions for prefabricating house manufacturers across four continents and forty countries. Establishing a Stronghold Randek Robotics is the company’s task force for robotic solutions. This subsidiary alliance company has grown in innovation and has offered complete robotic solutions for industrial companies for 20 years. The customers are mainly within the housing industry. Simplicity, security, higher output, and productivity have been instrumental in increasing profitability and making Randek’s service unique. The Torchbearers Ola Lindh, CEO, and Johan Larsholm, Owner/Marketing Manager, have a long experience in this business and have been active at Randek for many years. Ola started his career at Randek as a design manager and has been CEO for approximately 10 years. Randek has developed and manufactured high- performance machines and systems for prefabricating walls, floors, ceiling, roof trusses, cut saws, butterfly turning tables, and specialized machinery since the 1940s. Beating the Pandemic’s Challenges Like every other sector, the COVID-19 pandemic threw challenges at the automation industry, and Randek was no exception. But the company did not give up in the face of challenges and has sustained operations while Today, 90 percent of Randek’s production is being exported from its factory in Falkenberg.

14. TESTIMONIALS TESTIMONIALS “We have found the build quality of AutoEye to be excellent and the software reliable and robust. Randek’s aftersale service has been very good with the ability of remote management of the system." – Graeme Footer, Owner Randek is an important supplier for us. Our new production line will enable us to double the production rate, and we will be able to produce our new multifamily type of houses faster.” – Skanska and Ikea, BoKlok ensuring the safety of its employees. “Initially, the customers reduced activity to see how the pandemic would affect their business. After some time, business went back to normal. Currently, the business is solid. Although we have a big need to visit customers, many activities are solved using online services. The pandemic in the long term has increased the demand for automation even more,” shared Ola. Robust Operations Having braved the challenges posed by the global pandemic, Randek now boasts of once again capturing the market with its original zeal and innovations. “Sales are currently very strong, and our product portfolio will most likely increase the demand even more,” said Ola.

15. & & The 20 BUSINESSWOMEN to Watch, 2020 Most kimberly Khoury Paving her Way in Sustainability Development

18. Axyn Robotique A Leading Robotics and Automation Solution Provider T robotics and automation has provided excellent results in every field whether it is healthcare, education, or logistics. echnology has emerged as a blessing, making our life easier and simple, and robotics is one of the significant examples. Even during the pandemic, One of Axyn's strongholds in the automation market today is the capacity to merge both its strong points such as telepresence and autonomous robot into one single combined solution. One prominent European leader in the robotics space is Axyn Robotique, promoting the concept of 'Robotics for Human'. In the following interview, Frank Anjeaux the Founder and CEO sheds light on the company's journey, the current industry scenario, and his vision for the company's future. 1-The Ubbo Range of telepresence robots (Ubbo Maker, Ubbo Expert, and Edmo) and 2-The Lobo Range of autonomous logistic devices Please brief our audience about Axyn Robotique, its USPs, and how it is currently positioned as a leading provider of automation solutions. Axyn Robotique is a French-based start-up created around the project of proposing innovative robotic solutions to the many. The whole DNA of the company is written around the objective of creating real usage value rather than sophisticated but purposeless technical objects. All these products are entirely designed and manufactured at Axyn's premises near Aix-en-Provence in the South of France. They all have in common their high versatility. As a matter of fact, we take the benefits of our fully modular robot base to custom-build a version for each specific application. This is how we have developed Edmo to meet specific needs around the education sector in conjunction with the French Ministry of Education. A version of Ubbo Expert was developed to meet the need of the fast-growing Industry 4.0 has been elaborated with Capgemini or another one was proposed to meet the specific need in senior houses and various players of the silver economy. There are as of date over 800 robots in action in those various fields. One of our strongholds on the automation market today is the capacity of Axyn to merge both our strong points such as telepresence and autonomous robot into one We have therefore designed our products only after in-depth consultation with real players in various fields such as Education, Health, or Industry 4.0 sectors. Axyn is today one of the prominent European leaders in telepresence robots. We intend to reach very soon a similar position in the intelligent logistic robots offering. Tell us more about the products and services through which you have ascertained your stronghold within the automation space. Today we offer to the European market two main types of robotic solutions: | February 2022 www.insightssuccess.com 16

19. Frank Anjeaux Founder and CEO | February 2022 www.insightssuccess.com 17

20. single combined solution that offers a unique ability to create unprecedented usage value in several different applications. manufacturers and hence further reduce costs. It will thus be possible to produce industrial products as easily as prototypes. The number of parts to be manufactured can then be less impacting on their unit price. Being an experienced leader, share your opinion on why the adoption of technologies such as AI and machine learning is necessary for the automation services industry and how you have leveraged these technologies to deliver your products/services/solutions? The adoption of AI and machine learning technologies is not a necessity, at least today. Several manufacturing processes and industries fundamentally do not need artificial intelligence. It is therefore essential for the success of this transition not to go overboard in wanting to switch to all "AI". Considering the COVID-19 pandemic, what challenges did you face, and how are you currently driving your company to sustain operations while ensuring the safety of your employees? COVID-19 is at the same time an opportunity and a challenge for us. It is an opportunity in the way that it has stressed the need for efficient long-distance communication media actively helping to maintain social and professional links and interaction without physical presence. Our telepresence robots are currently helping many patients to connect with their distant families and many distant workers to interact with their distant companies and colleagues. As far as internal organization is concerned, although we remain a relatively small-scale company COVID has been a challenge. On the other hand, its paced and careful introduction can revolutionize the industrial world as it is today. The important factors on which it is necessary to impact are the arduousness of human work and the cost of labor. AI with robotics can go a long way to improving this. Today, the low cost of labor has allowed countries like China to develop tremendously, becoming in a few decades' major world economic players. This has not been without causing significant ecological problems, a considerable reduction in the industrial activity in Europe and North America, and therefore economic dependence vis-à-vis these same countries. We have implemented all regulatory safety measures (and beyond) and did not experience a significant impact on our production flow. Some of our components and parts have suffered delays in deliveries but not to the extent of significantly impacting the production cycle. It must be pointed out that we have received large and very helpful support from both public and private sector partners/vendors that have greatly helped Axyn in those difficult periods. Artificial intelligence coupled with mechatronic devices such as robots allows and will increasingly allow the performance of automatic tasks. This automation will lead to considerable reductions in labor costs. What would be your advice to budding entrepreneurs who aspire to venture into the automation solutions niche? The crucial point is not to neglect the industrialization phase. With today's tools such as 3D printers, easily programmable and inexpensive electronic boards, it has become very easy to go from an idea to a working prototype. But this transition must be made in a thoughtful way by focusing on tasks that have a significant ROI and those that have no real added value, such as repetitive, daunting, and/or dangerous tasks. It is indeed necessary to consider the human side. The use of artificial intelligence and automation should not have the objective of replacing man but of relieving him in his daily life. Otherwise, the use of AI could cause more problems than it solves, such as unemployment. This has allowed many innovative solutions to emerging and has helped the creation of many startups. This ease of implementation has nevertheless had a negative effect on some entrepreneurs who believe that, if their system works, it is then enough to sell it. If these considerations are considered, artificial intelligence will revolutionize the global industry. For example, it will be possible for a small company to acquire a multi-tasking industrial system capable of carrying out in-situ what today requires several processes carried out by several However, industrialization, which is the intermediate stage between the two phases (creation and market introduction), | February 2022 www.insightssuccess.com 18

21. In the Health sector: The direct testimony of Dr. Pascal Meyer, Anesthetist Physician at Forcilles Hospital (Cognacq-Jay Foundation): "We used the Ubbo robot in the post-intensive care rehabilitation unit during confinement when family visits were prohibited. Our patients are people with a tracheostomy. Most have a physical disability that does not allow them to hold a smartphone. We have allowed many people to see their loved ones and have expanded the possibilities of visitation. A videoconference was made over 3500 kilometers. This visit would never have happened without the robot. It has many advantages: - First: Ease For family and caregivers, it is easy to use. The family opens an account on the AXYN website. The procedure is very simple. The role of caregivers is limited to turning on the robot and bringing it to the patient's room. Videoconferencing does not generate an additional workload that would affect other activities. - Second: The practical aspect of communication. Indeed, the head of the robot is placed at a suitable height for a bedridden person or in an armchair. So that the sick person does not have to make the effort of turning his head to direct his sight. The robot's head is mobile, controlled by the pilot, in our case, the family. It is much more practical than fixed head solutions that require human intervention to control the screen." is essential for the success of the project. It optimizes the product to allow profitable manufacturing in greater or lesser quantities. This can generate tooling and manufacturing costs that must be considered in the ROI. Besides that, there is the normative aspect that should not be overlooked, especially in automation. The safety of people, the materials used, the actual usages are factors to be considered for the success of the project. In the industry sector: Feedback from Virginie Rigaudeau, Hub Manager at Schneider Electric (France): "We use the Ubbo robot for formal or informal interaction between distant users and factory team members on a regular basis in many different locations within the factory. It can be internal users, distant customers. They can enjoy a truly immersive interaction with the personnel on-site." How do you envision scaling your company's operations and offerings in 2022? The year 2022 will be a scale changer for Axyn. The Lobo range of autonomous robots will enter its first full production year with a serial version to be released in the market. "We really have the feeling that the distant user is with us. A real nice and simple solution for an actual interaction between the local team and distant users.” Several large projects that were maturing in 2020 and 2021 with prestigious partners such as Orange (French Telecom operator), Capgemini, Schneider Electric, and several others will reach their full potential in this coming year. This will lead to a significant increase in both volumes of production and obliviously turn-over. | February 2022 www.insightssuccess.com 19

22. Top Trends AU O in the ATION Industry | February 2022 www.insightssuccess.com 20

23. Automa?on 2022 T tide, automatizing industrial processes has eased out human effort. he new-age automation has proved its mettle in revolutionizing businesses with a promise of fruitful outcomes. Redefining itself since time and As the Greeks and Arabs between 300 BC and 1200 AD were obsessed with keeping precise time records. In 270 BC, a float-regulator was introduced for a water clock in Ptolemaic Egypt. The device was like a ball and cock in a modern flush toilet. This was the first feedback-controlled system ever devised. To reduce human intervention, the use of tools and gadgets has always been practiced. But automation takes a step further in producing a wide range of technologies that minimizes human involvement in processes. The automation industry keeps evolving with growing expectations. Follow the trail to know the rising 7 trends in the automation industry. Augmented Reality Augmented reality (AR) is a technologically augmented version of the real world that is created using digital visual elements, music, or other sensory stimulation. It is a developing trend among businesses that deal with mobile computing and commercial apps. New applications for augmented reality are constantly emerging. AR will likely become increasingly more incorporated into sales in the next years. The new normal has changed the way we cooperate and learn, which is one of the main reasons why this automation trend will continue. According to recent data, there will be an estimated 1.7 billion mobile AR users in the world by 2024, up from 200 million in 2015. And there will be an estimated 1.1 billion mobile AR users in the world in 2022. Process Intelligence Data that has been methodically collected to assess the individual steps of a business process or operational workflow is known as process intelligence. Process intelligence can aid in the identification of bottlenecks and the improvement of operational efficiency. | February 2022 www.insightssuccess.com 21

24. Process intelligence's goal is to provide an organization with accurate information about what work items exist, who performs the work, how long it takes to complete the work, and what the average wait time is. With the IoT increasing the stream velocity of data, big data automation is becoming a must for practically every enterprise. While customers want immediate data access for analysis, the full value of data can only be harvested and managed through sophisticated and advanced data automation. Process intelligence is a sort of automation that eliminates the guesswork in areas like personnel, budgeting, and SLA estimates, among other things. Process intelligence will become a necessity as firms strive to transform every process into one that can be automated. Cybersecurity Automation Cyberattacks in the modern day have become more automated. If businesses try to defend against these attacks manually, the battle becomes one of man vs machine, with the odds stacked against them. Robotic Process Automation Robotic Process Automation (RPA) is a software technology that allows anyone to automate digital operations. Automation is seen by many security suppliers as a way to improve efficiency and reduce staff or headcount. The surge in threats, as well as the very real cost of a data leak, has prompted machine manufacturers to implement increasingly strict cybersecurity safeguards. In order to combat cybersecurity breaches, businesses are enhancing staff training and providing full information to consumers and suppliers. RPA is a broad approach to automation development. Robots can handle everything from data identification to allocation, which is why they can contribute to the majority of workplace automation. Given that RPA can help boost employee productivity by automating duplicate work, it's safe to assume that usage of the technology will skyrocket by 2022. Sustainability Hyper-Automation Many businesses have adopted sustainability goals. Furthermore, when sustainability becomes a top issue on a global scale, automation proves to be a fantastic tool for gaining a better knowledge of an organization's operations and implementing the necessary changes. Organizations make use of hyper-automation to quickly discover, assess, and automate as many business and IT activities as possible. It is a business-driven, disciplined strategy. Hyper-automation entails the coordinated use of a variety of technologies, tools, and platforms, such as artificial intelligence (AI), machine learning, and event- driven software architecture. Costs of energy and materials continue to grow, regulations tighten, and automation will shift toward more sustainable and renewable energy sources by 2022. Industrial Internet of Things (IIoT) technology can aid in the development of solutions that minimize energy consumption, improve mechanical efficiency, and reduce waste. Its capacity to help companies automate end-to-end operations and manage complex support across several platforms is also worth mentioning. Because of this, hyper- automation is likely to become increasingly popular in the next years. Acing the market In today's environment, the competition between the industries is increasing rapidly. This competition demands high-quality and consistent products with a competitive price. In a hyper-competitive ecosystem, automation will enhance connectivity and reliability. Everything will be accessible and readily available in the future of automation, which appears to be encouraging Embrace out on a journey of seamless business solutions with the latest trends of automation. - Sonali Dhiwar Big Data Automation Big data is a multibillion-dollar industry. The amount of data collected by a company's business units, applications, and external sources is rapidly increasing. From digital customer transactions and Internet of Things (IoT) sensors to social interactions and support services, it's everywhere. And it's not going to stop: more and more applications, for example, are being hosted as a service on the cloud and within Hadoop clusters. | February 2022 www.insightssuccess.com 22

26. The 10 Most Disrup?ve Automa?on Companies to Watch Volume I Bringing Digitization into Warehouse Management E been devoid of these digital changes. Today, the inefficiencies in the processes have been reduced, more packages are being delivered, production has become cost- effective, and whatnot. vidently, the digital transformation has opened the doors to numerous opportunities and possibilities for various sectors, and the logistic industry has not revolutionize the world of logistics. The products aim to drive the supply chain efficiently with autonomous technologies, decrease expenses, and increase safety in warehouses. Tell us more about the products and services through which you have ascertained your stronghold within the automation space. In doks, there are two product lines - inventory and summary All these changes come down to where all the goods are stored. And thus, driving digitization in the warehouse becomes of utmost importance. If the question arises, how can it be implemented, doks.innovation has got all the answers. Inventory XL: Autonomous inventory management system within a warehouse (pallet rack) consisting of an AMR (autonomous mobile robot) and a drone. The drone and the AMR relate to a powerline to provide five hours operation time of the system. The only element which needs to be put as fixed infrastructure is the charging station. doks.innovation is breaking new grounds in warehouse management with inventiveness and pioneering spirit. We at Insights Success caught up with Mike Becker, the Co-founder and Senior Software Developer, and Christian Sproedt, the Strategic Sales Manager, to learn more about doks.innovation.. Summary Sky: Outside drone and software system for inventory management of block storage or overview of large storage areas (empties). With the help of drone images and artificial intelligence different types of crates can be recognized and counted. Below are the highlights of the interview: Please brief our audience about your company, its USPs, and how it is currently positioned as a leading provider of automation solutions. doks.innovation GmbH was Founded in 2017 located in the central EU (Kassel, Germany). In doks, about 30 employees are working in two central product lines (Inventory and Summary). Summary Gate: The gate creates all necessary documentation and damage detection of an object moving through the gate. It provides all the solutions to Inbound and Outbound control, a sensor system for automated damage detection, loading scans, incoming goods inspections, conveyor systems plausibility, and completeness check. We build and provide autonomous solutions for intralogistics. Yearning to digitize the world of logistics, it aspires to contribute to the growing Industry 4.0. The world of logistics is constantly facing new challenges. Our products are strived to solve these challenges and Summary Ceiling: Optical inventory system for block storage in indoor warehouses. Multiple battery-powered camera modules are | February 2022 www.insightssuccess.com 24

27. We take your logistics to the next level and prepare your company for the challenges of a digitised future. Mike Becker (Founder, Head of Software) Christian Sproedt (Sales) | February 2022 www.insightssuccess.com 25

28. can focus on more valuable tasks. Especially the stocktaking process is a non-valuable task, which must be done. Automize these tasks leave the staff more room to add value to the company. Considering the COVID-19 pandemic, what challenges did you face, and how are you currently driving your company to sustain operations while ensuring the safety of your employees? Covid was and is challenging as the option for testing at warehouses and presenting our products are mainly reduced. Therefore, the development of new features was slowed down as the testing time was reduced. On the other hand, it is a great opportunity to show and prove that automated and autonomous solutions have a huge benefit – as no one must attend. Overall, we would say the autonomous concepts become more accepted during the pandemic phase. attached under the ceiling to create a top view of the warehouse. With the help of images and artificial intelligence different types of crates can be recognized and counted. What would be your advice to budding entrepreneurs who aspire to venture into the automation solutions niche? Find a process to automate and just try it. There is always room to improve processes. Mike, Christian, please brief us about your individual journey's in the industry and how have you contributed towards the company's success. Mike Becker: I am the Co-Founder of doks with 8 years of experience in the drone industries mainly involved in Software and Hardware. I am leading the software team to create the best solution for autonomous inventory management on the market. How do you envision scaling your company's operations and offerings in 2022? Currently, focus on nearby customers with a focus on Central EU and the UK to have a high level of support and end of 2022 add Scandinavia and the first oversea regions. Central for us is that we can offer a product that does not need daily service or support but can operate the whole year with only a yearly check-up. Christian Sproedt: I am Christian Sproedt, have been in the logistics industry for 10 years. Master of Technical Logistics and hold positions in project planning and purchasing, last position is head of contract logistics at consulting company. I am totally convinced that logistics must be more open to new technologies and autonomous solutions. Logistics service providers not doing this will vanish from the market. Being an experienced leader, share your opinion on why the adoption of technologies such as AI and machine learning is necessary for the automation services industry and how you have leveraged these technologies to deliver your products/services/solutions? It is getting tougher and tougher to get staff to do many jobs, especially in the logistics industry. With AI and machine learning many tasks can be automated and the staff Inventory management by flexible drone is starting to gather serious weight as a workable concept and will scale up with each positive comment of customers using it on a regular basis.Of course, there will be also a new feature, which is in development. For example, we plan to detect rack damages with the systems and do box counting. | February 2022 www.insightssuccess.com 26

30. Fizyr B. V. Automating Human Tasks by Developing High-quality Computer Vision Software T here were the days when industrialization was a synonym of textile industry only, and the artisans were the industrial workers. But the industrial revolution invented power looms, and the juggernaut of automation began its journey. Back-to-back industrial revolutions transformed the medieval world into the modern age. The first three of them, i.e., the steam engine, age of science, and mass production, accelerated the world- saving human efforts, costs, and money. We o?er a standardized AI-based software product that allows robots to cope with high variation of objects in automated picking and placing applications. However, the juggernaut of automation kept traveling, and today, it has reached the station, where the globe is digital – the fourth industrial revolution. Human efforts were first replaced by animals, animals replaced by machines, and to control these machines, robots arrived. Today, these robots are deployed in every sector, especially to perform repeti- tive tasks. These robots can move in six degrees of freedom and operate in X, Y, and Z planes. In this fast-paced world, time is money, and these robots help to save time by performing repetitive tasks. However, they follow the path which is inscribed by the software programs. Looking at the growing market, many companies started to provide software to automate robotic movements. Fizyr is one such company that offers a standardized software product, based on artificial intelligence, that allows robots to cope with high variation of objects in automated picking and placing applications. Fizyr designs, builds, and installs a standardized computer- vision software that detects unknown objects varying in shape, size, colour, material or stacking. Its robust algo- rithms provide over 100 applicable grasp poses each second, including classification to handle objects differ- ently, while performing quality controls. Just as the camera and gripper are the eyes and arms of a robot, the vision software is the brain that analyzes the image and directs the robot to move accordingly. Fizyr is trusted as a strategic partner by global leading integrators, thanks to its fully scalable and proven software-only product, for which we provide full insight and control to install, manage, update and support. We empower system integrators to build cutting-edge solutions for the industry’s end users, in multiple high-demand industries, such as e-commerce, micro-fulfilment, parcel handling and more. In our quest for ‘The 10 Most Disruptive Automation Companies to Watch’, Mr. Herbert Ten Have, CEO of Fizyr, shared his endeavor with us. He elaborated on the company's work culture and the future aspects. Following are the details of the interview: Please brief our audience about Fizyr, its USPs, and how it is currently positioned as a leading provider of automation solutions. | February 2022 www.insightssuccess.com 28

31. The 10 Most Disruptive Automation Companies to Watch Tell us more about the products and services through which you have ascertained your stronghold within the automation space. In such a rapidly growing market, logistics companies expect robots to perform their tasks as predicted and agreed. Applying Fizyr’s product is a strategic choice for which we provide full insight and control to install, manage, update and support. We license a standardized product for auto- mated picking, placing, and stacking to system integrators and end users. Our computer-vision software is trained with a unique dataset with millions of images of challenging logistics environments, proposing the best possible grasp poses. Applied in production all over the world, it empow- ers the robotic automation of leading system integrators and end users, in online retail, warehousing and parcel services. Fizyr’s software is also hardware agnostic, giving clients the freedom to choose the best camera, robot, and gripper for their automated picking cell. We believe in the value of Fizyr’s independency and want our clients to be able to use open standards and choose their hardware to assemble the best possible picking cells. Herbert Ten Have CEO Although the company purely focuses on software, Fizyr also licenses the designs to modify, 3D print, and assemble its proprietary gripper. This gripper can handle challenging situations, ensuring ease in integration with any robot in a picking cell. About the Leader Fizyr’s CEO, Herbert Ten Have, joined Fizyr (previously called Delft Robotics) in January 2017. Delft Robotics started as a robotics integra- tor. Within a month of Herbert’s arrival, the company won the prestigious Amazon Picking Challenge. This led to the company pivoting towards a deep-learning computer vision soft- ware-only product and re-branding to Fizyr. Herbert is an innovative business leader with more than three decades of experience in building high-tech products and services. Being an experienced leader, share your opinion on why the adoption of technologies such as AI and machine learning is necessary for the automation services industry and how you have leveraged these technologies to deliver your products/services/solutions? The items and parcels tend to have a huge variation in terms of sizes, materials, colors, and placement, which traditional logistics systems cannot account for. In e-commerce, there are millions of SKUs (Stock Keeping Units), thousands of which cannot be programmed. Therefore, the adoption of technologies such as AI and deep learning has the potential to change the face of the industry. Thanks to his expertise and knowledge of the industry, he geared the brilliant Delft Robotics team towards success, thus, leading to an unprec- edented impact on the automation industry. He proactively engaged the company in recognizing industry problems and solving them while staying committed to building the best vision software product and provide cutting-edge robotic picking solutions for the logistics industry. Fizyr’s neural network is trained to classify an object, strategize the pressure required to pick it, and propose the best possible grasp poses to singulate it from bulk. One of the initial projects managed by Fizyr in 2017 involved enabling robots to work 24/7 and fold up to 720 towels per hour with Laundry Robotics. Fizyr’s computer vision algorithms were able to propose over 100 grasp poses each second on unknown objects. | February 2022 www.insightssuccess.com 29

32. Considering the COVID-19 pandemic, what challenges did you face, and how are you currently driving Fizyr to sustain operations while ensuring the safety of your employees? for the clients in the quickest way possible. The quicker the entrepreneurs identify opportunities, the better they get to approach the clients in an early phase and acquire the market before facing any consequences later. Understand- ing the requirements of the clients from the beginning can stimulate company growth, improve partnerships, and help build relations with potential clients. One of the major challenges faced by the company was the termination of a project by an Italy-based client due to the dire consequences at the start of the pandemic. Conse- quently, other clients hesitated to continue project opera- tions as they required hardware components, such as cameras, grippers, robots, etc., to conduct research and development. The first few months were uncertain, and later, several clients saw the opportunity for growth in in e- commerce, micro-fulfilment and parcel handling. How do you envision scaling Fizyr’s operations and offerings in 2022 and beyond? The fast growth of e-commerce and parcel handling has exacerbated the human labor shortage, which is expected to keep rising. As a response, an increasing number of companies have started to adopt robotic automation and implement solutions for automating picking and placing applications both in e-fulfilment and parcel handling. We believe we have solved one of the biggest challenges in logistics and we hope to empower as many integrators and end users worldwide as possible, in an effort to relieve the pressures of the industry. The product and market are ready, so we plan to scale exponentially in the upcoming years, reflecting such a rapid growth. Those clients motivated Fizyr to scale up its processes even faster and offer robotic solutions to the dynamic industry. Meanwhile, the Fizyr team was working from home and would only work from the office if absolutely necessary. At that time, the huge office space in the pandemic was reserved for specific purposes. With the restrictions easing down in the Netherlands and the high vaccination rate, people are moving back to the office on a flexible basis. What would be your advice to budding entrepreneurs who aspire to venture into the automation solutions niche? Fizyr remains dedicated to training, upskilling, and helping employees thrive in the fast-moving industry of AI and logistics. The company aims to focus on predictable and scalable processes to resolve challenging situations and contribute to the industry. Herbert highlights the importance of validating assump- tions, pushing the product to the market, and creating value | February 2022 www.insightssuccess.com 30

34. Artificial Intelligence, Automation, and the Futer of Work R opportunities to predict the future. ising through the tides of the industrial revolution and climbing the ladder of digital transformation, Artificial Intelligence has sprouted new While no one knows what artificial intelligence holds for the future of work, there is a hope of utilizing AI technology to boost employment opportunities.This may also develop new lines of businesses that we cannot understand currently by providing new tools for entrepreneurs. Companies and society face threats and opportunities because of this rapid transformation. These efficiency gains are critical for society's long-term growth, particularly in economies with rising populations. However, as highly skilled specialist jobs that complement new technologies grow, low-skilled and low-paying jobs that are not suitable for automation remain, and everything in between is rendered obsolete. This poses a risk of increment in significant social inequality and hollowing out the labor market. Along with the threats of AI, there are multiples benefits that facilitate mitigating human labor and pushing a progressive approach. | February 2022 www.insightssuccess.com 32

35. 21 Century Workforce st | February 2022 www.insightssuccess.com 33

36. Redefining Human Intelligence with AI Support The issues include determining who is to blame if an autonomous vehicle injures a pedestrian and manages a worldwide autonomous weapons race, to name a few. With an ability of a computer or a computer-controlled robot to complete tasks that would normally be done by an intelligent being, AI aims at creating systems with human- like cognitive abilities, such as the ability to reason, discern meaning, generalize, and learn from past experiences. Since the invention of the digital computer in the 1940s, it has been proved that computers can be programmed to perform extremely complicated jobs with ease, such as finding proofs for mathematical theorems or playing chess and the list goes on. Artificial intelligence has the potential to significantly increase the efficiency of our workplaces while also augmenting the job that humans can accomplish. When AI takes over mundane or dangerous duties, it frees up the human labor to focus on tasks that require creativity and empathy, among other skills. People's happiness and job satisfaction may enhance if they are doing work that they enjoy. Opening up new frontiers of development for the IT industry, automation has been an eyepopping experience in business operation and end-consumer experience. With the introduction of autonomous transportation and AI affecting our traffic congestion concerns, not to mention the various ways it will boost on-the-job productivity, our society will gain countless hours of production. Humans will be able to spend their time in a variety of ways now that they are no longer bound by uncomfortable commutes. Automating Experiences Automation is the development and deployment of technologies that allow goods and services to be produced and delivered with little or no human interaction. Many tasks that were previously performed by people are now more efficient, reliable, and fast because of the use of automation technologies, techniques, and procedures. Predicting the Future of Work Understanding emerging technologies is the first step toward future-readiness and artificial intelligence is at the center of sustainable businesses with socio-economic development fruition. Understanding its powers and limitations is critically significant. Like the progression of the human life cycle, artificial intelligence will have both beneficial and negative effects on society as it continues to reshape the environment we live in. It's anyone's guess how that will balance out, and it's a topic of great debate and thought among many individuals. Many of the employments we see in the market today will most likely be replaced or transformed by AI technology. The bulk of employment, on the other hand, will not be replaced by AI technology but rather assisted by it, allowing employees to improve their performance and sprout efficient solutions. The Boom and Bust of AI Our workforce will undoubtedly evolve because of artificial intelligence. The alarmist headlines focus on the loss of human employment, replaced by robots, but the actual issue for humans is to discover new duties that demand their distinctively human qualities. AI has an ensuring future for every industry that moves ahead towards a prosperous future. if you are mapping to skyrocket your business experience, AI is your solution. - Rahul Thakar Our workforce will undoubtedly evolve because of artificial intelligence. The alarmist headlines focus on the loss of employment to robots, but the actual issue for humans is to discover new duties that demand their distinctively human qualities. This uncertainty, as well as the changes in how some people will make a living, could be difficult to deal with. Artificial intelligence's transformational impact on our society will have far-reaching economic, legal, political, and regulatory effects that we must examine and plan for. | February 2022 www.insightssuccess.com 34

38. Green Bl ckchains - the future of sustainable blockchains - by Raj Kapoor –Founder, India Blockchain Alliance B rushing to understand how they can use blockchain distributed ledger technology to innovate processes, products, and transactions. In a globalized world where environmental sustainability is a critical success factor, what is the role of the blockchain? lockchain is a revolutionary disruptive technology and represents a change of cultural paradigm for the way in which information is shared. Companies are electricity consumption, whilst Bitcoin mining alone consumes almost as much energy as the entire U.S. federal government! This means that today, when it comes to discussing sustainability and blockchain tech, we have to balance the longer-term systemic benefits against today’s urgent need to reduce fossil fuel consumption. Blockchain has reached a critical mass of complaints about its sustainability issue. I’m truly passionate about blockchain’s potential to create positive system change. Add to the above the power to incentivise a circular economy and revolutionise the distribution of charitable donations – and we’re still seeing only the tip of the proverbial iceberg of world-changing applications that will be enabled by blockchains. Although surrounded by virtuous intentions to upend the status quo and offer an alternative to an unjust global financial system controlled by central banks and politicians, blockchain is facing severe criticism from environmental proponents for its high energy use. Having said that, we all are aware that most concerning implication of blockchain technology for the environment relates to its energy consumption and, therefore, its possible negative impact on climate. Like other emerging ICT-based technologies, blockchain also raises concerns about electronic waste (e-waste). Competing miners require more and more efficient mining hardware, leading to quick obsolescence, roughly every 1.5 years. However, bitcoin and other similar public blockchains have one huge flaw – they use an extremely large and growing amount of energy. The way in which transactions are secured on the blockchain is highly energy intensive. In fact, blockchains currently account for 0.58% of global The key is to make a transition towards green recovery and co-exist with nature. Anything short will not suffice. In fact, this should be a prerequisite for a global sustainable development pathway. | February 2022 www.insightssuccess.com 36

39. From the Expert The Shifting Paradigm About the Author Raj is the Founder of India Blockchain Alliance and an Advisory Board Member at several blockchain companies like 5ire, Floyx and Chainsense UK and the Founder and Chairman of the India Blockchain Alliance, the largest Indian emerging technology tech think tank. The current standard process of transaction verification, based on the proof-of-work algorithm, is ‘extremely energy hungry’. And this is definitely harmful for the environment. As the adoption of blockchain technology gains momentum, it could counteract climate change mitigation efforts, as electricity remains largely generated from fossil fuels worldwide. He is a global, Blockchain & Cryptocurrency & FinTech Educator, Certied Bitcoin Professional (CBP), Blockchain Solution Architect, and friend of disruptive ideas, protem Chairman for Organization of Blockchain Technology Users (OBTU). He is also the Asia Lead, Technology & Innovation at Blockspace Technologies Ltd. Bitcoin was claimed to be 20 000 times more energy intensive than Visa. Nevertheless, Bitcoin is only one cryptocurrency, which is only one application of blockchain. We can only imagine the impact going forward. The “greening” of the blockchains kicked off with one of the most promising solutions – ‘Proof of Stake’, a Raj has helped organize India's biggest Blockchain and Cryptocurrency events across major cities. Raj has also spoken at several international seminars and conferences in Boston, LA, Amsterdam, Copenhagen, Singapore, Durban, Nicosia and Vienna, Dubai, and Singapore. Raj regularly speaks in Tech events in India, UK, USA, Africa, Malaysia, and Canada and is also a TedX speaker. Besides blockchain, Raj is skilled in AI, Robotics, Cyber Security. IoT, and Cloud Computing. He has spoken in over90 international and national events. Raj has also authored over 15 courses in Blockchain and crypto and is soon publishing a series of books in the blockchain domain. Raj is also a regular contributor to several technology publications including Times Tech India, NDTV Prot, Daily Tribune, Business Standard and more. Raj was also selected this year as a top cryptocurrency and blockchain inuencer by Asian Market Cap. Raj is also mentoring 20+ blockchain start-ups across the globe. consensus mechanism which does away with the energy-intensive mining process required by ‘Proof of Work’, relying instead on network actors staking financial assets on their own future trustworthiness. The Ethereum community, users of the world’s second-largest cryptocurrency, have already invested close to $9bn in transferring to Proof of Stake reducing costs by over 90%. Raj has designed and worked on 4 Blockchains, 5 Centralised Exchanges, 3Swaps and 3 DEX's. There’s also a conscious drive amongst the crypto community to address the type of energy being consumed (or better, to use the technology to accelerate adoption of greener energies). Last month, the newly launched Crypto Climate Accord—including Ripple, World Economic Forum, Consensys, Coin Shares and Energy Web Foundation—announced its goal for all of the world’s blockchains to be powered by 100% renewables by 2025. He is now working with his team on India's own indigenous blockchain with Chainsense Ltd. Raj is also working on the world’s rst sustainable blockchain 5ire, which is aligned with the UNS sustainable Development Goals. | February 2022 www.insightssuccess.com 37

40. The Solutions for Today 2030 UN SDGs Agenda implementation and provides them the infrastructure to accelerate this vision. Now this should be the fundamental premise of the blockchain technology if it is to be sustainable and scalable. In fact, there are some blockchains that have been ahead of this curve and are actually making that impact. One that catches the eye is 5irechain. Not only does 5irechain run on a Sustainable Proof of Stake algorithm that does not require mining, but also its consensus algorithm quantifies and assigns its nodes based on a node’s Environmental, Social and Governance (ESG) score. This slings seamlessly with the UN Sustainable Development Goals 2030. 5irechain is also aligned with the United Nations’ 17 global goals. 5ire directly addresses social issues like education, financial inclusion, poverty, education, climate, renewables, solar amongst others and possibly the world's first sustainable blockchain ecosystem. Not only is it aligned, 5ire has tokenized 17 SDG Goals and scraped data from 600 ESG points. Now that is innovation! It is important to note that there are other versions of the Proof of Stake (PoS) consensus algorithm that do not require mining for transaction validation such as the pure PoS, the Delegated PoS, and the Nominated PoS, however, the flaw in those algorithms is they have no consideration for a transaction validators’ sustainability reputation, and they inadvertently support cartelisation of consensus by awarding transaction validation to those that stake the most. Going Forward Today, we cannot afford to ignore blockchain’s growing carbon footprint. However, with ambitious changes and blockchains like 5ire both the volume and the type of energy the technology uses, we could soon unleash tools with the power to incentivise social and environmental progress at scale. As with any new technology, blockchain’s path from concept to practical enterprise solutions is not always straight line. This way, the largest holders of that particular cryptocurrency will end up always winning the contest, scoring even more of the rewards and keep getting richer. The 5ire’s Sustainability Proof of Stake (SPoS) considers the validators ESG score as 20% of the weight in selection of node and include other factors to make the node selection fairer. And it’s heartening to know that the Founders are Indian and are aligned to the Indian Government’s sustainability and climate impact initiatives. Blockchain applications beneficial to renewable energy diffusion, energy efficiency and the reduction of energy consumption are also being explored. In fact, IBM and Energy-Blockchain Labs are experimenting with a blockchain-based green asset management platform for trading carbon assets in China in a more efficient way. I am particularly impressed with the 5irechain which calls its consensus protocol the sustainable proof of stake (SPoS). SPoS has been made more democratic by considering multiple factors beyond the staked amount when a node is assigned based on Stake, Reliability, randomized voting, sustainability score (ESG), and previous nomination. EnergiMine has developed a blockchain-based rewards system that uses digital tokens to incentivise consumers to save energy. The issue remains whether these niche initiatives will scale up and whether their benefits are offset by blockchain’s own energy consumption. But with incredibly exciting applications emerging every day, and serious thought and investment going towards reducing blockchain’s energy consumption, we can never ignore the value it could bring. Blockchains have an emerging role in sustainability by helping foster collaborations between consumers and producers, by assisting people in adopting more sustainable lifestyles, and by helping companies improve their sourcing and recycling practices. This way, the SPoS provides major advantages over other consensus algorithms. These advantages go beyond what proof of stake (PoS) consensus mechanism provides over proof of work (PoW) consensus mechanism. This chain is the 5th generation of distributed computing web 3.0 solution, a decentralized ecosystem that embeds ESG metrics in the consensus level and aims to bring a paradigm shift from a for-profit to a for-benefit economy. Their goal is to create user-centric sustainability-driven & interoperable public, private, and hybrid solutions. By embedding sustainability both in the network’s base layers and in the upper decision-making that democratically commands the network forkless upgrades. With growing innovation in the blockchain space, India is primed to make a major impact. ESG will be an essential part of next-generation finance operations. ESG will drives long-term returns. COP26 and the decisions around ESG will bring a green innovation in blockchain and would place India, at the forefront in aligning with the UN SDG’s. That is a matter of pride, and we are happy to be a part of this green tech revolution. Their ecosystem also democratically empowers self-governed DAOs that are actively working towards the | February 2022 www.insightssuccess.com 38