The Need for Intelligent Automation Technology
Published on : Friday 05-06-2020
Intelligent Automation is a holistic solution for digital transformation across automotive, electronics, IT & telecom, energy, aerospace, and others. It is usually based on process management and robotic automation, which further based on industrial needs. Moreover, it primarily anticipates the demand and consumption of analytics and artificial intelligence (AI) to enable the position for the companies to take automated and intelligent decisions, along with it helps in flexibility for end-to-end case management success.
Considering the market conditions, the need for intelligent automation technology is anticipated to advancements and implementation in the latest robotic trends.
Intelligent Automation is expected to drive innovations in the latest robotic trends. Intelligent automation is expected to be highly profitable for business operations with widely attracting the demand from industry experts and C-suites globally.
Main Objectives of Intelligent Automation
The companies and government authorities are widely incorporating automation tools in daily operations to resolve cumbersome business challenges in order to be ahead. With the rapid development in digital technologies trends, the use of tools based on AI and ML, which primarily shift the conventional practices to digital.
In the current scenario, AI-based technologies are a strong solution, which intelligent use of data and act as a transformation agent. It is also effectively documented the business processes to save a cost of over 50,000 man-hours and able to complete test cycles about 50% faster compared to traditional methods. The AI-using companies and experts stated that the implementation of intelligent automation promises great upsurge in the quality levels of production, business optimization, as well as efficiency and agility for time to market.
“As from various analysis reports, it is expected that intelligent automation will bring transformations into the latest robotic trends. In addition, it is modifying the expansion of data flows and computing power. Furthermore, the cost associated with the implementation of robotic process automation is estimated to cross over USD 3 billion by 2024”
Today, the companies are influenced by the automation technology owing to wide development in AI and ML concepts, which benefited the overall concept of intelligent automation technology. Moreover, the increase in the need for companies to improve production efficiency, product quality, workforce productivity, and end-to-end customer experience. Also, the growth in demand to diminishes the repetitive tasks and further enabling employees to focus on tasks that add value for the company, which primarily saves time and costs. Furthermore, the growing need to improve business operations are primarily driving the demand and sales for the intelligent automation technology in the global market in the coming years.