Robotic Process Automation is transforming businesses across the world

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Robotic Process Automation enables users to create software robots, or #Bots, that can observe, mimic & execute repetitive, time consuming #Digital #business processes by studying human actions.
Watch the video to know how RPA is transforming #businesses.
#ArtificialIntelligence

Robotic Process Automation is transforming businesses across the world.

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    AI is programmed with logic and rules to mimic human decision making. AI can be used to detect threats such as changes in user behaviour or increased data transfers. Automation is the use of technology to perform tasks with reduced human assistance.

    Any industry that encounters repetitive tasks can use automation, but automation is more prevalent in the industries of manufacturing, robotics, and automotives, as well as in the world of technology—in IT systems and business decision software. The most complex level of automation is artificial intelligence automation.

    The addition of AI means that machines can “learn” and make decisions based on the past situations they have encountered and analysed. For example, in customer service, virtual assistants can reduce costs while empowering both customers and human agents, creating an optimal customer service experience.

    Here we are talking about the next generation of automation, that is Hyper automation. Hyper-automation is a business-driven, disciplined approach that organizations use to rapidly identify, vet and automate as many business and IT processes as possible. Hyper-automation involves a mix of artificial intelligence, machine learning, robotic process automation, integration platform as a service and low-code or no-code tools.

    We have seen there has been a great shift from Automation to Hyper-automation. When companies use RPA with IT Automation with AI, the impact is mainly positive. However, there is still a need for integrating different software approaches and applications to get even better results.

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    The pandemic accelerated far-reaching global mega trends from labor shortages and supply chain uncertainty, to the individualized consumer and growing pressure to operate sustainably and resiliently – leading new businesses to look to robotic automation. As technology opens new opportunities for meeting customer demands, new trends will continue to emerge that will further drive demand in areas where robots have traditionally not been used. With demand for robots growing as companies in multiple sectors look for new ways to enhance their productivity and competitiveness post-pandemic and acceleration continues for robots in new sectors like logistics and retail, and speeds up for EV production. With many countries restricting and phasing out the production of combustion engine vehicles over the next decade, the race towards electric cars has accelerated. Manufacturers and their supply chains must tackle the complexity of diversifying into EVs alongside combustion-engine vehicles, to meet varying regulatory frameworks governing EV adoption across the globe. The speed and added flexibility needed will see new and established manufacturers move away from traditional linear manufacturing, towards modular, flexible production.

    Secondly, the E-commerce boom will accelerate, Consumer behavior and expectations are driving companies to find new ways to satisfy demand, developing new channels through omnichannel retailing and adapting their production lines and distribution processes to enable personalization of both products and delivery. Fulfilling these requirements has seen thousands of robots installed worldwide where they were not used just five years ago, and this rapid rate of automation will continue in 2022 driven by a combination of consumer trends and a growing shortage of labor. Going forward, more robots will appear in more places – and workers will need new skills. Smaller, more affordable, and easy-to-use robots, are helping to remove many of the bar

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