convedo Intelligent Process Automation Blog

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.

Although industrial robots have been in operation for the better part of a century, we’re still in the early years of robotic process automation (RPA). The difference is in the application of AI in redesigning how work is done, not just putting robots in the place of human counterparts.

Whether you're interested in the productivity improvements or the lower costs, you've already made the decision to implement robotic process automation (RPA) within your organisation. The good news is that by streamlining and automating your processes, RPA can unlock a significant amount of hidden insights and potential.

The bad news: 74 percent of businesses report that they spend more than one-fourth of their employees’ time on repetitive manual tasks.
The good news: RPA can help. One of the most effective tools for a company’s digital transformation, robotic process automation (RPA) uses “robotic” software agents to automate a variety of tedious, time-consuming business functions.

Any business that hopes to better serve its customers and outcompete its rivals must re-examine its people, processes, and technology on a constant basis. From big data to cloud computing, recent technological developments have revolutionized the business landscape.