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Key Software Development Outsourcing Statistics and Trends for 2024

Groove Technology

As the demand for fintech solutions and mobile banking rises, outsourcing enables financial institutions to meet these demands swiftly and cost-effectively. Projected Growth: The global AI and ML outsourcing market is expected to grow at a 33% CAGR, with increased demand for machine learning models in e-commerce, healthcare, and finance.

Software 100
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Applying AI for Good | Automation Anywhere

Automation Anywhere

In this blog, we’ll look at real-world AI applications in four different industries—healthcare, retail, manufacturing, and banking—to show you how AI can be a force for good in business. Diagnostics appear to be an especially promising intersection between AI and healthcare. All these capabilities have been enabled by AI.

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Task Mining Software Market Posts 85%-95% Growth Rate, Remains One of the Fastest Growing Markets in the Intelligent Automation Space—Everest Group

Everest Group

Facilitating the creation of initial automation workflows for the opportunities identified. Creating process discovery documents that can be leveraged internally to develop process understanding as well as robotic process automation (RPA) scripts.

Marketing 130
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Your guide to intelligent document processing (IDP)

Hyland

It uses AI capabilities to intelligently process information within templates, forms and documents — even when formatting is dynamic. Then IDP can convert the content into structured data, which is often further streamlined by robotic process automation (RPA). IDP offers an industry-agnostic solution for data processing.

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Why Businesses Are Adopting RPA

V-Soft Consulting

Enterprises, regardless of scale have adopted Robotic Process Automation (RPA) technology to automate workflows and increase productivity. There is no doubt that RPA has transformed businesses by automating various tasks and processes.

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Building a Smarter Future at the Convergence of Generative AI and Automation

Zinnov

All businesses, including Automation platform companies, are exploring the possible applications and implications of integrating Automation technologies such as Robotics Process Automation (RPA), Intelligent Document Processing (IDP) , Intelligent Virtual Agents (IVA) , Low Code/No Code (LC/NC), with Generative AI.

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The Advantages of Having a Fully Integrated IDP Platform

Automation Anywhere

And that’s where a fully integrated, or native, intelligent document processing (IDP) platform comes in. It can automatically extract data from documents and analyze the data, streamlining and accelerating processing, eliminating human errors, and providing intelligence for decision-making.