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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

David Kennedy, Group CIO, Transaction Services Group

Hybrid Intelligence

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 RPA is changing the Business World?

CIOAdvisor Apac | Friday, September 11, 2020
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With the need for automating business processes, enterprises are increasingly embracing RPA.  

FREMONT, CA: Robotic process automation (RPA) sounds and looks lucrative in the modern smart and intelligent world. Industries, especially those such as the manufacturing, automobile, retail, mining, food, and others, are making a massive investment in the applications and use cases of RPA technology. RPA tech market reports show a steep growth in the curve of economic rise due to a large number of attractive and hefty investments by enterprises and investors from all around the world.

The pandemic that has been caused due to the outbreak of the novel COVID virus has become the most leveled ground for the RPA technology to make strides in the world of business. To fill up the gap between the front and the back office, enterprises are considering the adoption of RPA. RPA proves to be capable of upholding the competitive dynamics of the enterprise in the market that is filled with a hoard of competitors.

Most of the researchers and forward-looking technologists are believing that not all of the most critical and biggest problems in the world can be solved by human labor. Well, this is where RPA becomes extremely valuable. The role that is played by RPA technology in the carrying out of operations and tasks, which are critical to the core business workflow, is highly promising. Redundant, repeating, and mundane tasks can now be automated with the deployments of RPA. Also, tasks that are highly laborious and those who consume a lot of time can be achieved by leveraging RPA.

The automation of the tasks shall further free human labor, and the personnel can focus on higher-level tasks that require intense human mind application and natural cognition. In addition to all these advantages, RPA helps in founding full accuracy by eliminating errors. Manual work might invoke errors, both random and specific. As it is natural that basic and advanced errors would occur in the business operations, and enterprises would need to equip themselves with a qualified quality assessment team to conduct multiple rounds of testing and eliminate the errors.

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