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RoboticProcessAutomation (RPA) is being adopted by enterprises worldwide by leaps and bounds. The global RoboticProcessAutomation market is predicted to top $3.7 billion by 2028, according to a recent report by Grand View Research. This represents a compound annual growth rate (CAGR) of 32.8%.
Automation tools such as RoboticProcessAutomation (RPA) are helping them achieve those goals. By creating software robots (“bots”), businesses can easily automate basic, repetitive tasks.
Specifically, Intelligent Automation , a convergence of Automation technologies comprising RoboticProcessAutomation (RPA), Low Code/No Code, Intelligent Document Processing (IDP), Intelligent Virtual Assistance (IVA), Process Mining, and Intelligent Content Generation, serves as a transformative force in contemporary industries.
When productivity increases from the same inputs through more efficient, cost-effective use of those inputs, you have achieved economies of scale. CAGR between 2021-2028. Automation is creating more efficient ways to run a business from the factory floor to customer retention. RoboticProcessAutomation.
Specifically, Intelligent Automation , a convergence of Automation technologies comprising RoboticProcessAutomation (RPA), Low Code/No Code, Intelligent Document Processing (IDP), Intelligent Virtual Assistance (IVA), Process Mining, and Intelligent Content Generation, serves as a transformative force in contemporary industries.
Offshoring for digital transformation offers them benefits such as accessing a global talent pool and achieving cost optimisation and increased efficiency — all essential to staying competitive and innovating in their industries. Indeed, 53% of decision-makers say their organisations are investing in roboticprocessautomation (RPA).
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