Empowering Organisations with RPA
Despite RPA being one of the key components of Industry 4.0, delivering real value today, it is not unusual for business leaders to have a vague idea of what RPA-empowered business really is, what are the benefits of this technology and how to approach its implementation in the right way.
In the environment of businesses today there is a tendency to go through transformations rapidly and often elusive transformations like never before, leaving once-leading companies who failed to keep up with the demands of changing markets behind. Even though the media never stops talking about the Fourth Industrial Revolution (Industry 4.0) and the age of digital transformation, it is very easy to overlook specific technologies that are able to make a real difference and give a company an edge over the competition.
Robotic Process Automation (RPA) is one such technology that has quickly gained adoption among businesses across industries due to its ability to deliver fast measurable business results and immediate ROI. According to research by Brandessence Market Research, the global robotic process automation market size was valued at $2.7 bln in 2020 and is estimated to reach $18.3 bln by 2027, growing at an astounding CAGR of 31.07% from 2020 to 2027. Great market demand and additional factors such as gaining a competitive edge are driving the adoption of RPA.
Ready to dive a little deeper? Then just read on.
What is Robotic Process Automation (RPA)?
Robotic process automation (RPA) is a form of business process automation technology based on building and using software solutions that can act as metaphorical robots or digital workers, performing all kinds of actions in computer networks and software programs.
Utilizing robotic automation systems allows businesses to automate various kinds of mundane repeated business processes, helping companies to improve the productivity of their operations and reduce costs.
How can RPA empower an organization?
RPA implementation allows organizations to emulate a high range of human activities related to interactions with digital interfaces and computer programs. Integrated automation and robotics can be utilized to run dozens of different processes handling thousands of requests simultaneously. Here are some of the most significant benefits of robotic process automation and the reasons why enterprises across industries are viewing RPA integration as one of the cornerstones of their digital transformation efforts.
Large and continuously growing number of applications.
Software robots can mimic human interaction with computer systems and user interfaces in multiple ways. They are capable of logging into networks and applications, filling and sending forms, moving and replacing digital items such as files or folders, identifying and extracting data, etc. RPA enables enterprises to automate up to 80% of repeatable rule-based work processes.
Automation with limitless scalability.
Every process automated with RPA has almost limitless scalability potential, allowing businesses to grow faster.
Improved time and accuracy.
Organizations implementing RPA manage to achieve a considerable improvement of time and accuracy of the process by eliminating human errors and delays caused by human workers.
Increased productivity of human workers.
The automation of repetitive and lower-value tasks enables human staff to focus on more important tasks, contributing to increased productivity.
Streamlined remote operations.
RPA helps companies organize and streamline remote operations by allowing workers to connect with each other through distributed processes.
How Robotic Process Automation Works
Advanced process automation solutions are able to interact with digital systems through integrations with enterprise applications, screen scraping and implementation of automation scripts. These capabilities allow them to easily replicate human employee actions via quick and simple bot integrations.
Key features of robotic process automation are tied to accessing information and data from existing enterprise IT systems. They can be integrated with computer networks and applications in a number of ways. Generally speaking, there are two basic RPA software implementation methods: through backend and front-end connections.
Backend RPA integration.
Backend integration enterprise networks and databases allow software robots to access processes and systems controlled by the central process automation server. This type of integration is preferred for scaled automation of various processes that require no human attention and minimal intervention. Back connection also makes it possible to empower robotic process automation with other Industry 4.0 technologies such as AI, ML, real-time data analytics, etc.
Frontend RPA integration.
There are multiple ways of frontend robotic automation systems connection to desktop applications. Software robots are capable of capturing information from the user interface of the target application directly, the way human users do. They are able to recognize different elements on the screen, check their structure and properties, and label and interact with them accordingly.
How to utilize the benefits of RPA
Robotic process automation can deliver quick measurable business gains when RPA implementation is carefully planned and executed with appropriate expertise and technology. BT Bilgi can enable streamlined implementation of RPA with our solutions.
- RPA robots are our digital employees who can work in the background.
- They have their own ID, password, and e-mail addresses.
- They can automate your rule-based, repetitive processes without the need for a human.
- They reduce costs, eliminate errors, and create added value.
- They can be triggered instantly, post-dated, or periodically.
Summary
Robotic process management is also among the most affordable solutions, allowing companies to start reaping the benefits of Industry 4.0 innovations almost instantly and without the need to allocate considerable IT infrastructure modernization budgets or hire multiple expensive technology experts. Robotic automation systems are one of the most powerful digital transformation technologies available to businesses of all sizes today. It is extremely versatile and applicable to dozens of repetitive, time and energy-consuming processes that can and should be partially or entirely automated in the modern-day business environment.
Ready to start integrating automation and robotics in your operational processes? Contact us now to learn more and get a custom demo.
