Robotics Process Automation
There has never been a better time to Focus on Digital Transformation. Organizations should aim for 10X and not 10%. It is time to leapfrog forward on the digital footprint or be left behind forever. More and more business leaders are acknowledging this fact and as a result, we see “Robotic Process Automation” firmly imprinted on the minds of most CXOs when it comes to defining future strategies for their businesses.
Robotic Process Automation has delivered ROI in just a few weeks or months instead of years as compared to other traditional solutions. Organizations have found success by applying automation ad hoc, but most companies haven’t been able to scale these benefits across the enterprise. Automation investments are proliferating across organizations without reaching their true potential. To succeed, organizations need to take an enterprise-wide approach. RPA is a great tool to automate mundane, rule-based tasks but it fails to deliver a long-term value standalone. This requires a strategic shift from a simple platform that can automate certain pre-defined repetitive tasks.
Hyperautomation or Hyper Intelligent Automation. Industries ranging from financial services to ecommerce to logistics are increasingly relying on Hyperautomation technologies to automate business processes and achieve a long-term sustained value.
Hyperautomation is defined as harnessing multiple advanced technologies to achieve end-to-end automation. It starts with robotic process automation (RPA) at its core and adds a range of complementary and advanced technologies, including:
- Artificial Intelligence (NLP, Computer Vision, Intelligent Optical Recognition)
- Machine Learning (ML)
- Document Processing (structured, semi-structured and unstructured)
- Business Process Management System (BPMS)
- Advance Analytics
- Other Business Automation Tools