From Robotic Process Automation (RPA) to Intelligent Automation (IA)

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    Robotic Process Automation (RPA) to Intelligent Automation (IA)

    Get in touch now!

      Full Name*

      Company*

      Email ID*

      Phone No.*

      From Robotic Process Automation (RPA) to Intelligent Automation (IA)

      Robotic process automation has evolved significantly over recent years. When applied with systematic planning, RPA substantially improves performance and reduces the cost of operations. Most enterprise processes are manual, deterministic, and repetitive, and more than 70% can be automated using software robots. Processes that have greater complexity and require human judgment can also be automated by 15–20% through strong collaboration between software robots and human workers. As per one of the studies by HfS:

      • 98% of enterprises have an automation agenda at various adoption stages

      • 4 out of 5 C-suites are placing AUTOMATION as their #1 strategic priority for operations

      • 52% seek the better quality of operations, 49% seek more workforce agility and scalability, 48% seek superior data accuracy

      Yet, the same analyst report also mentions one key statistic:

      • >40% leaders are either moderately satisfied or not satisfied with their RPA programs

      Why is that?

      Let’s explore the shortcomings of RPA

      RPA starting point does not match Business Reality

      Rules Based

      Repetitive & Mechanical

      Structured Data

      Business Reality

      Even the simplest of the processes may have cognitive elements

      Not all processes are automation ready

      Many of the processes deal with semi-structured and unstructured data, speech

      Many data elements & processes are non-standardized

      Enterprise-wide end-to-end automation needs several jig saw pieces

      RPA Myths are now busted

      RPA is the answer to all manual pains

      RPA is about the tool-set

      Implement RPA for cost reduction

      RPA is the holy grail

      Intelligent Automation for End-to-End value

      Intelligent Process Automation

      Gartner predicts that “by 2020, end-user spending on robotic process automation software will reach $1 billion, growing at a compound annual growth rate (CAGR) of 41% from 2015 through 2020.” The forecast says that “by 2020, RPA tools will have evolved to include more types of functionality, such as AI software, but will experience strong downward pricing pressure.”

      Investing in RPA

      Overall cost reduction

      Speed and productivity

      Accuracy and compliance

      Scalability and flexibility

      Removal of non-value-add processes

      The Future Beyond RPA

      As the benefits of RPA adoption continue to grow, greater numbers of organizations are beginning their own deployments. However, as RPA is still subject to much speculation, businesses need a well-designed strategy to pivot from boardroom conversations to actual success. Directed systematically, RPA adoption is paving the way to achieving the cost and operational efficiencies desired by most organizations.

      Check out our recorded webinar on:

      • Why you should move from RPA to Intelligent Automation?

      • What RPA cannot do?

      • How to solve challenges to and drive maximum business results by combining RPA with NLP/ Artificial Intelligence/Machine Learning?

      The 3 Big questions

      Intelligent Automation solution for you!

      We at Mavenick specialize in the transformation of enterprise operations through Digitization & Robotic Process Automation (RPA)