Robotic Process Automation (RPA) is quickly becoming the new “must-have” as businesses are embarking on Digital Transformation journeys. With the RPA market valued at $1.9 billion USD in 2019, it’s expected to experience a compounded annual growth rate of 34% to reach a value of $11 billion USD by 2027. That’s great to know, but why is this happening?
Well for example, according to our partner Automation Anywhere, employees spend between 10% and 25% of their time performing repetitive computer tasks and IT Departments spend upwards of 30% of their time on basic low-level tasks. Why is this a problem? Because, with RPA, a typical rules-based process can be 70%-80% automated––thus, increasing your process efficiency and effectively freeing up your employees to focus their time on tasks that require more cognitive thinking!
With all of the buzz happening in the RPA market, we at LogiGear want to make sure that you’re up-to-date on what’s happening in the RPA industry––but more importantly, we want to help you harness the power of RPA! So, we’ve put together our best Robotic Process Automation content together on one list. Check it out and see the impact software bots can have on your process efficiencies.
Dubbed “the fastest growing market in enterprise software” by Gartner, Robotic Process Automation (RPA) is quickly becoming a driving force behind organizations’ enterprise digital transformations. By automating repetitive operational processes, RPA has a vast array of positive impacts for your business, including improved accuracy, productivity, scalability, cost savings, and maintainability. Check out this post to see exactly how RPA’s software robots can become a valuable addition to your team, and how LogiGear can help you further harness the power of Automation.
Infographic: Test Automation vs. RPA
At LogiGear, Test Automation has been (and continues to be) our core competency; as we began expanding our services to offer Robotic Process Automation services, though, we wanted to make sure our customers had a clear understanding of the differences between Test Automation and RPA––just because they both have the word “Automation” doesn’t mean they’re automatically the same! So, we put together this infographic that outlines the similarities and differences between these processes. Check it out today to easily distinguish RPA and Test Automation, as well as see how harnessing both RPA and Test Automation in tandem can vastly improve your operational efficiencies.
Robotic Process Automation’s benefits are almost immediately quantifiable post-implementation; from reduced errors to accelerated process completion to time and cost savings, these are all basic RPA benefits that most RPA vendors can deliver. However, is basic RPA enough for your organization? For many enterprise organizations, the answer is no. To ensure that you’re getting the best ROI in your RPA investment, here are 6 factors to keep in mind when selecting an RPA vendor.
Hopefully, after checking out these RPA pointers, you’ve got more of a grasp as to why RPA is such a big deal right now. If you’re now wondering how RPA could benefit your organization, check out LogiGear’s Robotic Process Automation Solutions! Our RPA Experts can assess your organization’s needs and map out a plan of action that can increase your operational efficiencies by 50% or more. Contact us today, and see what RPA can do for your team.