convedo Intelligent Process Automation Blog

Digital technologies have penetrated nearly every industry and market on the planet. In order to take advantage of this change in the business landscape, executives are seeking to enact “digital transformations” that integrate cutting-edge technologies into their company.

Intelligent automation, a term for artificial intelligence and machine learning as applied to robotic process automation (RPA), offers a great deal of promise to organisations of all sizes and industries. However, the technology is only starting to hit the mainstream, and there are countless opportunities that so far remain unexplored.

 Companies of all shapes and sizes are adopting robotic process automation (RPA). RPA is revolutionary for industries such as banking, insurance and governance - driving significant digital transformation to services, products and customer interactions.

Robotic process automation (RPA) has been on the top of IT to-do lists for years in virtually every industry. After all, if a computer can complete a task without human intervention, it is better for everyone. You save on employee time and employees can avoid boring, manual tasks. Plus, your customers benefit with faster processing and fewer errors. For some companies, RPA is synonymous with digital transformation, but only if it can be deployed intelligently.

Robotic process automation (RPA) is the use of “robotic” software agents that can automate a variety of business activities, from analysing data to processing sales transactions. Tech market research company Forrester projects that the global RPA market will reach $2.9 billion in 2021, growing tenfold in five years.