Robotic Process Automation, How RPA Works, RPA Use Cases

In 1956, computer scientist John McCarthy coined the term Artificial Intelligence (AI). Decades later, research, funding, and massive technological advancement have brought the reality of its potential to virtually every sphere of society. But as an area of computer science, AI isn't particularly an easy field for non-technical beginners. What with demands like having a grasp on maths, logic as well as a basic understanding of human intelligence? For those starting, it becomes a tricky [...]

Workers in Retail Industry spend up to 28% of their time in daily processes, and 20% in the organization, instead of actual productivity. The good news is you can RPA to automate those tedious and repetitive tasks and free your human workforce to work on high-value tasks. Summary Most occupations have manual tasks that offer RPA opportunities. RPA can leverage AI to learn new skills to improve and perfect performance. You can use RPA to [...]

Robotic Process Automation (RPA) in Insurance promises to bring about the traditional benefits of automation, but at a lower cost, and with the flexibility of implementation. Industry analysts predict it is going to reduce the workforce by 25% in some sections, and at the same time create opportunities in areas that require higher-level skills. Table of Contents RPA Use Cases in the Insurance Industry RPA Adoption Impact of RPA Preparing for RPA Better Service Delivery [...]

Business Process Automation is the act of using technology to execute repetitive but structural business tasks, to create efficiency and increase profits. BPA helps to improve efficiency, cut operating costs, and accelerate the delivery of services. More importantly, BPA focuses on providing end-to-end business automation, not just on an isolated business process. A simple business process definition is this: a systematic act that interacts with information or data and imparts some business value to it. [...]

RPA (Robotic Process Automation) is gaining popularity fast, and it is taking the place of traditional programming in automating business processes. That has led to some debate as to which one is better suited to the automation of business processes. Read on to learn why you should choose RPA automation anywhere. Watch this video "RPA vs Programming"   Robotic Process Automation vs Programming Less Technology Base and Learning Curve Software Limitations RPA vs Programming Scalability [...]

A recent study found out that companies considered Robotic Process Operations because of improved productivity, as well as enhanced customer experience. Organizations in diverse sectors classified RPA as a progressive leap into the world of Artificial Intelligence. The technology employs software robots, virtual workers, and mimics humans to implement tasks. It can also process complex information at top-notch speed. We explained all these benefits in our article, "What Are The Key Benefits of RPA(Robotic Process [...]

There is a very interesting similarity between Robotic Process Automation and the BPO sector. Both of them are strictly interested in outsourcing the job. In the case of RPA, it's from the human workforce to their robotic counterpart. But again, that is one of the key reasons why it is becoming more and more popular in the BPO industry. Studies suggest that employing offshore resources can be a 3x costlier compared to automating the process. [...]

The previous year has witnessed the emergence of several platforms, Artificial Intelligence(AI) tools, and applications that are built on Machine Learning(ML). We compared both in this article titled, “Artificial Intelligence or Machine Learning?”. This year has also seen a lot of technological trends that have significant impacts on software, as well as the internet industry. The results are apparent in fields such as manufacturing, healthcare, agriculture, and automobile. The development of AI and ML applications [...]

Several innovations in the scientific, medical, technical, philosophical, and sociological fields have been misconstrued in their early days. They later mainstreamed after several years of their existence, sometimes spanning decades. We can go back in time to talk about instances of this event from Socrates to Nicolaus Copernicus, as well as Galileo Galilei to Darwin and the Scopes attempts. Another notable instance is that of Stem cell research which has encountered similar situations over the [...]

Banks have numerous routine daily tasks. Solving those tasks with the help of humans will always take a lot of time and be error-prone. But, thankfully, Robotic Process Automation in banking saves us a lot by delivering quick, error-free, and smart solutions to all these problems. How does it do it? Let’s take a quick look! What is RPA in banking operations? RPA in the banking industry is a revolutionary technology that will change the [...]