convedo Intelligent Process Automation Blog

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.

When looking at the future of business operations, machine learning is a big part of the enterprise landscape. Before machine learning, businesses relied on statistical modelling to make predictions. With advances in artificial intelligence, driven by the availability of machine learning technologies, statistical modelling is becoming a single tool in the predictive box, not the entire set of what's available. To continue your digital transformation, it is important to stay up to date on what is available and the benefits of early adoption.

In the past several decades alone, innovations in machine learning and artificial intelligence have drastically altered the world as we know it. Advances in the way that computers “think” have powered everything from self-driving cars to personal assistants like Siri and Alexa.

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.

Recent technological advances have made it possible for companies to automate more of their workflow than ever before. According to a 2017 study, IT decision makers believe that 59 percent of business processes could be automated by 2022.