convedo Intelligent Process Automation Blog
As companies of all sizes and industries seek to “digitally transform” their business, one trend in particular is drawing outsize attention: digital process automation. Traditional business process management (BPM) initiatives have focused on analyzing and optimizing processes within the realm of human capabilities. However, digital process automation flips the script with radical new technology-enabled advances that can improve the accuracy and speed of processes beyond the ability of any human employee.
There's no longer anything "artificial" about the benefits that AI can bring to your company. In only a short time, artificial intelligence has evolved from being purely speculative to being a mature technology with lots of room for future growth.
In the traditional model for developing software applications, programmers and business leaders would first sit down and hash out the specs for the application and then move sequentially through the coding, testing and release phases of development. This is called the "waterfall" model of software development because it always moves predictably from one level to the next, like a river that flows over a large group of rocks.