Hyperautomation rapidly automates multiple IT processes through a disciplined approach. It enables the orchestration of multiple tools and technologies such as Process Mining, RPA, Machine Learning/AI and Business Intelligence & Analytics to deliver the future of knowledge work and business operations at large. Hyperautomation is the approach through which organizations can identify, analyze, implement and scale the automation and digitization of business & IT processes.
Hyperautomation is the orchestrated use of multiple technologies, tools or platforms, such as AI, machine learning, event driven software architecture, RPA, iPaaS, packaged software, and other types of decision, process, and/or task automation tools.
The global RPA and hyperautomation market size is expected to grow from $10.23 billion in 2022 to $12.33 billion in 2023, at a compound annual growth rate (CAGR) of 20.5%
Hyper automation is a strategy of driving continuously integration automation in to business processes to work more efficiently when it is highly automated, which results to help better accuracy and tracking analysis.
In this age of digitalization, where consumers need change quite often, there is a dire need to scale beyond RPA. To do so, enterprises need to grow beyond the common approach of automation, which is focused mostly on delivery, and scale to the controlled iterative portions of hyperautomation.
After a successful RPA pilot with a top-tier RPA platform and two subsequent years of hyperautomation scaling, BI Group, the largest construction holding in Central Asia (with revenue exceeding USD 1 billion), faced an issue of escalating license costs. This led to the shelving of some potential tasks for automation.
After a successful RPA pilot with a top-tier RPA platform and two subsequent years of hyperautomation scaling, BI Group, the largest construction holding in Central Asia (with revenue exceeding USD 1 billion), faced an issue of escalating license costs. This led to the shelving of some potential tasks for automation.
Technology trends are critical for businesses. Strategic technologies help businesses to deliver growth, enhance efficiency and optimize digitalization. Cloud-Native platforms, Hyperautomation, AI engineering, decision intelligence, cloud-native platforms, data fabric, etc. are some of the prominent business technology trends 2022.
Are you looking for services in Hyperautomation? Then your search ends here. JK Tech is a leading Hyperautomation service provider in the United States. With a strategic partnership with Evolute IQ, a market-leading technology company for Hyperautomation, JK Tech leverages e.IQ platform that combines low-code / no-code, iBPMS, AI, ML, IoT, RPA Integration, Blockchain, and data processing to build transformative business solutions.
The need for an integral technological approach in the E&U sector is paving way for high-scale adoption of hyper automation. Understand how RPA and AI are enabling the sector to leverage intelligent automation for driving better customer experiences.
Read the blog to learn about the Top Technology Trends 2021. The technology trends that will shape the enterprise landscape in 2021 but way beyond. Visit here... https://bit.ly/3dcIlC4
ACCOUNTING AUTOMATION CAN BE USED FOR: Records storage, Invoice creation, Invoice processing, Invoice payouts, Audit preparation, Budgeting and forecasting. KEY COMPONENTS OF ACCOUNTING AUTOMATION Accounting Automation is the process of using software to automate the processes and procedures of accounting. It is a way of improving efficiency and accuracy, while making sure that all aspects of the business are being looked after. ACCOUNTING AUTOMATION CAN BE USED FOR: Software, Hardware, Data Management Systems, Integration, Security 5 VALUABLE BENEFITS OF AUTOMATION IN ACCOUNTING Increased Accuracy and Consistency Improved Productivity and Efficiency Enhanced Compliance and Security Increased Accessibility and Transparency Improved Data Management and Analysis
To plan for the post-pandemic world, business leaders are looking for technologies that offer gains in efficiency and save costs. Technologies like robotic process automation (RPA) and intelligent process automation (IPA) therefore continue to gain popularity. However, successful, implementation of intelligent automation requires a well-defined roadmap that outlines the steps and actions required to fulfill its objectives. It also means identifying the right areas that are best suited for automation.
As we approach the end of 2020, it is about time that we look back on the progress we made this year in terms of digital transformation and talk about the trends that will shape 2021.
An automotive company uses Nividous Smart Bots for automated exchange bonus claims processing and eliminates 90% of manual efforts and improves 95% TAT
Robotic Process Automation (RPA) helps streamline operations, eliminate manual errors, automate mundane processes and reduce costs. Pinnacle's RPA tools can be used to capture data, trigger response, manipulate apps, and communicate with digital systems. https://pinnacledxb.com/robotic-process-automation-rpa-service-dubai/
A leading eye care group saves over 37,000 hours for highly skilled staff by automating its complete revenue cycle management using Nividous RPA Bots. Read the full case study.
The global Endoscopic Retrograde Cholangiopancreatography (ERCP) market size was USD 1.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.3% during the forecast period, according to latest analysis by Emergen Research. Surge in procurement of endoscopy devices in healthcare facilities and rapid increase in popularity of minimally invasive surgeries are key factors driving market revenue growth.
Modernization initiatives undertaken by armed forces in major economies, as well as rise in terrorist threats, are major factors expected to drive market revenue growth
Increasing prevalence of chronic diseases number of surgical procedures using robotic navigation and visualization systems are key factors driving market revenue growth
In 2021, the global digital transformation market was valued at US$601.12 billion and is anticipated to grow to US$2065.47 billion by 2027. For more: info@daedal-research.com
Adopting digital technologies to assist introduce innovative business models or alter how current organisations run is known as digital transformation. Earlier, it would take years to complete the end-to-end process of developing a technology-driven strategy and putting it into practise. Businesses frequently dedicate 80% of their budget and resources to KTLO (keeping the lights on), or upkeep of their current infrastructure and systems. However, COVID-19's effects on firms nearly doubled the rate at which the most recent trends in digital transformation were adopted.
Robotic Process Automation (RPA) helps streamline operations, eliminate manual errors, automate mundane processes and reduce costs. Pinnacle's RPA tools can be used to capture data, trigger response, manipulate apps, and communicate with digital systems.
Know where you are. Decide where you want to go. Today’s businesses own vast amounts of untapped process data. Deep discovery of your current processes enables you to leverage the full value of your business. Who, What, Where & How long of each process - Pinpoint conformance strengths & deviations - Determine variation across the organization - Identify where to invest in process improvement
A leading insurance company uses Nividous Smart Bots to automate its customer onboarding process and achieves 50% and 60% reduction in fraudulent data and FTE respectively.
A logistics and management company uses Nividous Smart Bots-enabled automation for its letter of credit amendment and shipping documentation processes.
Data emerging from the last two years suggests that business process automation is defining the current wave of digital transformation that began in the late 2010s and is set to peak over the next several years. These technologies are key to a transition from the human-driven business processes that can dampen progress and constrain your workforce towards more automated workflows. Those that succeed in the coming trend of intensifying competition and technological change set off by automation will play a key role in realizing Saudi Vision 2030.