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billion, with projections indicating a 5% annual growth until 2027, primarily driven by enterprise software development requirements. Flexible Staffing Models: Models like global IT outsourcing are becoming increasingly popular. The IT outsourcing market has reached $617.69 billion and continues to expand.
RoboticProcessAutomation (RPA) has become an essential tool in a wide variety of businesses, small and large, across industries, and around the world. billion by 2027 with a compound annual growth rate of 24%. RPA can accelerate and streamline business processes, increasing efficiency and productivity.
FortressIQ is now part of Automation Anywhere, and its offering is now our process intelligence product FortressIQ Interest in low-code development is skyrocketing. Annual market growth is predicted to exceed 25%, growing from $13B in 2020 to $65B in 2027, according to research from Brandessence Market Research.
Trend #1: A shift from back to front office In years past, intelligent automation, combining RoboticProcessAutomation (RPA) and artificial intelligence (AI), has been put to work accelerating and streamlining repetitive processes in the back office. from 2021-2027 to reach USD 1,334.3 billion by 2027.”
Automation and data analytics: Responding to marketing situations and tracking performance through data has become a priority for business leaders to make timely decisions to ensure quick adaptability to market needs and automate mundane operations by incorporating technologies like RoboticProcessAutomation (RPA), AI, and ML.
Technologies like artificial intelligence (AI), roboticprocessautomation (RPA), and the Internet of Things (IoT) are revolutionizing operations and delivering unprecedented customer experiences. trillion by 2027. Scalability: Digital transformation requires flexibility.
Now, with AI, documents are gateways to automation. The global Intelligent Document Processing (IDP) market, now at an impressive USD 2-3 Bn, is projected to reach USD 10-13 Bn by 2027. Driving this growth are the increasing volume of documents, a need for time optimization, and a focus on employee and customer experience.
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