404trends #9 | Automations Trend Alert | 9 Business Ideas And Companies To Watch

Dear friends, founders, freelancers, and anyone who's tried to use voice commands to automate their morning coffee

I'm writing to you from my favorite spot. My home. Specifically a 2-bedroom apartment in the city of Warsaw. It’s buzzing Thursday, January 18th, and guess what? My district administration decided to rebuild the whole street. So it’s a bit messy and noisy around, and I’m so glad I have noise-canceling headphones.

Anyways. Today I have something special for those who love automation as I am. I’ll call it a juicy report for data scientists and automation enthusiasts.

What’s Inside:

• Two trending topics in automation

• Quick stats for nerds

• Key players to watch

• 9 business ideas to start in automation

• AAA business model review

Quick stats for nerds

• Millennials, the biggest group in the workforce, are pushing companies to invest more in automation.

• Worldwide spending on digital transformation is expected to hit 1.8 trillion USD in 2024 and reach 2.8 trillion USD by 2025.

• Only about one-third of consumers know they are using AI in their daily lives.

• There might be 26 million fewer office and admin jobs by 2027.

• China is the global leader in industrial automation, having installed 268,000 robots in 2021.

📈Rising Trend: Enterprise-level AI automation

Why It Matters:

MLOps makes creating and managing machine learning projects faster and more accurate, requiring teamwork between data professionals and IT engineers.

AIOps uses AI to automate IT tasks, combining different tools into one efficient system.

FinOps helps companies control their cloud expenses and make better financial decisions.

The growing need for advanced technology like AI and cloud computing in complex business environments is driving the expansion of these fields, focusing on efficient teamwork, workflow automation, and smart spending.

Companies to watch

👀 Key players

• IBM Corporation

• Microsoft Corporation

• Amazon Web Services (AWS)

• Google Cloud (Vertex AI)

• Automation Anywhere, Inc.

• Blue Prism Group PLC

• UiPath Inc.

• HCL Technologies Limited

• Hewlett Packard Enterprise

• Kofax Inc.

• VMware

• AMDOCS

• SoftwareONE

• Apptio

• Nagarro

📈Rising Trend: AI automation for startups

Why It Matters: