Future of work Infographic
In this infographic, we look at the future of work and the potential impact that RPA and intelligent automation will have. We explain what RPA is, why an organization should use it, and the myths that have grown surrounding it.
What Is Robotic Process Automation?
Robotic Process Automation is a software technology that has the potential, as part of an intelligent automation strategy, to revolutionise organazations. It creates software robots that can perform defined, rules based processes within an organization. On its own, it is a limited tool that tends to be siloed into one area of a business, however, Thoughtonomy has increased its breadth of capbibilities by deploying it flexibly in the cloud and combinging it with other technologies.
Why Should Robotic Process Automation be used?
Organizaitons should use Robotic Process Automation to increase productivity, free up staff to deliver value added tasks, and improve customer experience. And, by combining AI and other technologies with RPA, the Thoughtonomy Virtual Workforce® increases the use cases and further improves the impact of RPA to organizations. For instance, the Thoughtonomy Virtual Workforce® can work in areas such as the Front Office, HR & IT simultenously, as it is deployed as a pool of digital labor.
Myths Around Robotic Process Automation
One of the many myths around RPA is that it will take the jobs and careers of employees, which like many fears around technology, isn’t what automation hopes to achieve. Robotic Process Automation is actually helping work become more rewarding and creating workplaces with less repetitive tasks, which results in happier employees. Other myths about RPA include the belief that you can automate 100% of your processes, or that is restricted to the back office only. In fact, on its own RPA is limited, but as a small part of a Virtual Workforce, RPA contributes to automation across a range of functions within a business.
RPA Statistics you need to know
50% of automation opportunities are being missed
55% of executives plan to use RPA in the future
40% of time is saved for staff to work on other tasks
30% of staff can be freed up within 12 Months