Robotic Process Automation – Future of Work
RPA is transforming the future of work by automating repetitive, rule-based processes to boost efficiency, reduce costs, and empower employees. Success requires leadership support, IT collaboration, clear scope, agile execution, and change management.
Robotic Process Automation – Future of Work
Very recently, Economic times, CIO published that nearly half of all businesses in India will implement robotic process automation (RPA) by 2024, according to a new IDC study commissioned by Automation Anywhere. Triggered by COVID-19, the study further anticipates that RPA adoption rates will increase by 57% in just the next year.
It is very interesting to read above article by ET, and of course, we need to be ready for the future especially resilience, intellect, and empowerment at scale as top priorities for any organization in the new normal, but the question is that ‘Are companies prepared for RPA adoption and implementation?’. This article helps you on how to deal with RPA Strategy. The key tenets that should be considered in building automation strategy and roadmap:
- Objectives: The key business levers are:
- Process efficiencies– Making the execution of business processes more accurate with zero error rate and significantly reducing the operating cost for carrying out business processes, cutting it down by 50% as compared to traditional costs (cost to implement and maintenance to be considered separately)
- Cycle Time - By applying digital workforce (so called Robots) which can be…
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