10/6/17

Robotic Process Automation: Statistics, business impact and future

Automation software is being used by businesses to reduce the costs of particular processes, specifically labor-intensive activities. Automation empowers people whose ideas, effort and focus make the companies they work for great. Applying automation technology intelligently to business and IT processes means you and your company can always be depended on.
Breakthroughs in artificial intelligence, machine learning, big data, and speech technologies have enabled breakthroughs in automating both back- and front-office processes. Robotic Process Automation (RPA), which provides virtual agents to automate work flow, now offers unprecedented opportunities for reducing costs, increasing accuracy, speeding service delivery, maintaining compliance and improving the customer experience across industries.
As a typical rules-based process can be 70%-80% automated, this means you can now operate onshore, at a lower cost point than offshore. Your business operations can maintain absolute control of the throughput without relying on an offshore or outsource partner. Digital workers are also 100% accurate, and the process exceptions — those that require judgment or a skilled eye — can be referred to your experienced staff, ensuring they now deal solely with more interesting tasks.
Software robots represent something disruptive. They mimic humans but live in the cloud or on servers. They are trained and carry out tasks that are rules-based and may involve interaction with multiple incompatible core systems. Take a look at my infographic below for an overview of the statistics and business impact of RPA.


Processes that already do not require much human intervention, require multiple systems to work in sync and tend to be more prone to human error should be replaced by software robots. Think about the tasks that are performed, not just in IT, but across your organization on a day-to-day basis. Those repetitive tasks that do not necessarily require a ton of input from your human workers, such as payroll batching and other accounting functions, are ideal for RPA.
Let’s look at the following infographic for the top five processes that can be automated, and the future of RPA.


5 comments:

  1. very nice concept …good information and thanks for sharing this blog ..good kept up very interesting.,

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  2. I appreciate the post
    Thank you

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  3. Thanks for your article and useful information

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  4. Very Useful,thanks for this insight

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  5. So useful article as like previous all.

    ReplyDelete