Top 3 Factors for Business Automation Success
“Looking at respondents from larger companies that are meeting their automation targets, we found three distinguishing factors: they make automation a strategic priority, focus on people as much as technology, and develop an operating model that enables scaling.”
Business ‘Intelligent Automation’ Market Grew by 65 Percent
Intelligent Automation in Business Processes (IABP) includes solutions that use a combination of Robotic Process Automation (RPA), Artificial Intelligence (AI), and advanced analytics to improve business processes. The IABP market, which grew 65% in 2019, will endure muted growth in 2020 due to COVID-19.
via Everest Group
Supply Chains: The Localized Manufacturing Advantage
According to Gartner study findings, only 21 percent of survey respondents are willing to consider or adopt early-stage technologies. However, even cautious supply chain leaders must keep an open mind and embrace long-term perpetual change. This is the path to rapid progress and growth.
Robotic Process Automation Fuels Productivity Advances
“In 2016, 51.8% of all internet users were robots. Currently, around 70% of all internet traction is handled by robots. RPA software gained traction by taking software robots and pointing them at existing applications to mimic human/keyboard interactions and automate repeatable and well-understood processes.”
Robotic Process Automation Reduces Healthcare Costs
Half of U.S. healthcare providers will invest in robotic process automation (RPA) in the next three years — that’s up from 5 percent this year according to Gartner. The need to optimize costs and scarce healthcare resources during the pandemic is advancing RPA adoption.
Robotic Process Automation Adoption Upside Potential
Legacy on-prem infrastructure and traditional software licensing models are being disrupted. Meanwhile, automation initiatives have blossomed. The pandemic has accelerated the focus on robotic process automation (RPA) along with machine intelligence have been beneficiaries relative to other segments of the IT stack.
Exploring the Intelligent Process Automation Trends
“A new breed of AI-infused automation technology, referred to as intelligent process automation (IPA), is the result of enterprise operations teams citing complexity and the lack of automation as key barriers to cloud-native app development and modern application deployments.”
AI and Automation Experts will Transform Law Departments
The intense pressure from senior executives on their legacy corporate legal department has pushed lawyers to consider robotic process automation (RPA), artificial intelligence (AI), machine learning and natural language processing benefits, according to the latest worldwide market study by Gartner.
Robotic Process Automation will Reach $2.5B by 2020
Enterprise Robotic Process Automation (RPA) adoption, as indicated by the number of enterprise clients served by independent RPA vendors, grew 100-110% from 2017 to 2018, surpassing $1 billion in revenue.
via Everest Group
Smart Automation Can Transform Human Resources
“Typical HR organizations can reduce costs by 17% and operate with 26% fewer staff hours – while also improving effectiveness and customer experience – by adopting smart automation approaches, including robotic process automation and smart data capture.
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