TIPS TO GET THE MOST OUT OF YOUR RPA IMPLEMENTATION

The returns of automation will only materialize if the project is well-planned and executed. Here are some tips for successful RPA implementation

- Sohini Gandharva

Change has always been a constant, but it is now happening faster than ever before. The pace of innovation around the world is increasing at an exponential rate. And the impacts of this acceleration will be felt everywhere. This is leading to a world of what we call templosion, in which very large things happen in increasingly compressed amounts of time. Templosion will touch every industry – nobody will be immune to its effects.

Today, companies have to think on how to position themselves in the future so that they continue to stay relevant, attract a new type of consumer and evolve in a changing environment. Robotic Process Automation (RPA) is the new wave of revolutionary technology that can automate not just manual, but cognitive tasks. Up to 44% of jobs may be automated within the next decade (25% within the next five years).

Leading Research firms in the US have stated that the existing worldwide market scene for RPA is worth well over millions of us dollars in every automation focused enterprise. This trend is expected to swell to over 8.75 billion USD by the year 2024.