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Editor's Pick (1 - 4 of 8)
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Build Capabilities that Serve Your Needs of Today and Tomorrow

Stephen Barnham, Senior Vice President & CIO, MetLife Asia

How Organizations can Benefit from the Innovations in RPA

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Sharam Hekmat, CIO, IOOF Holdings, Australia

Redefining the CIO's Role

David Kennedy, CIO, Transaction Services Group

What challenges are organizations facing in deploying RPA?

Faisal Parvez, Director- IT & CIO, Asia, Middle East & Africa, BT

The Cambrian Robotic Explosion has Begun

David Tamayo, CIO, DCS Corporation

Is That a Robot in My Factory?

Jim McCoy, CIO, Raytheon

First Steps to Globalizing Your Business

Neil Hampshire, CIO, ModusLink Global Solutions, Inc. [NasdaqGS:MLNK]

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How Can RPA Help Save Costs?

CIOAdvisor Apac | Monday, August 17, 2020
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Robotic process automation is not new, but its use cases are going new everyday.

FREMONT, CA: Robotic process automation (RPA) is evolving with every passing day, and almost every industry in the modern world has been embracing the efficacy of this technology. RPA is looked upon by various businesses in the present era, as it promises exceptional benefits. From streamlining the chain of redundant, routine, repetitive ,and mundane tasks that are in the execution side of an enterprise, to optimizing the finances and the economy of the business, RPA acts as a silver bullet for the full sustainability and management of an organization.

RPA is writing the new era of the industrial ecosystem and name sit as the onset of the transformational technology. Popularly being known for automating operations, an RPA tool ensures that the work is in progress, and every function is being carried out all round the clock. Thanks to the fact that a robot never gets tired, unlike a human being. Also, the algorithms that are based on RPA would always prove to be accurate, and hence, the operations which are automated are, no doubt, precise and exact.

Top 10 RPA Cloud Solution Companies in APAC - 2019So how does RPA contribute towards saving a penny for the enterprises? Well, this is the news today, and let us delve deep into it. With an RPA solution that is deployed in the operational ecosystem of an enterprise that belongs to any industry, the need for manual labor is reduced to a minimum or even eliminated. In this way, the cost that is involved in labor is drastically dropped. In addition to the salaries that are to be paid to the workers, organizations must also take care of them, ensure their safety and security. Manual labor also calls for advanced costs such as the HR administration, insurance, monitoring personnel, and more.

Adopting RPA would immensely help the enterprises in cutting costs because they can invest in this technology and deploy it once and reap the benefits such as standardized and the highest quality output, consistent operational frequency, enhanced productivity, promising return on investment. Saving huge amounts of costs that would otherwise be spent on labor could be more than possible for the enterprises of today.

See Also: Top Industrial Robotics Solution Companies

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