Is RPA a Strategy or a Tool?
AIRA
by Mishika Agrawal
1y ago
Robotic Process Automation is currently a widely used technology. Over 85% of big corporations use it in some capacity, and we’re on the verge of seeing it scale rapidly as more pilots and proofs of ideas turn into enterprise-wide automation initiatives.   The numbers speak for themselves   The advantages of automation are numerous. Businesses benefit from lower labour expenses, increased accuracy, and faster throughput, to name a few. RPA has the potential to significantly improve a company’s bottom line. To accomplish so, you’ll need a comprehensive automation programme that spans ..read more
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Artificial Intelligence In 2022: What Will Be The Next Big Thing?
AIRA
by Thomas
1y ago
Artificial intelligence is reshaping the IT industry by supporting businesses in reaching their goals, making critical decisions, and inventing new products and services. By 2022, companies are anticipated to have 35 artificial intelligence initiatives in place. By 2022, the AI and machine learning market are predicted to grow at a 44% compound annual growth rate (CAGR) to US$9 billion. In recent years, there have been several developments in AI and machine learning technologies. We’ll go through some of the most crucial AI trends for 2022 in this blog.   The expanded role of Artificial I ..read more
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Automation journey: Process Mining is a key to continuous value realization
AIRA
by Lovy Jain
1y ago
COVID-19 has brought to light more concerns with legacy business models’ survival and business continuity. Businesses across the board are rushing to implement digital, automated, and intelligent business processes.   While many businesses have successfully launched low-complexity use cases, they are still having trouble scaling these projects to enterprise-wide operations.   Identifying and maintaining a strong pipeline of process optimization and automation opportunities remains a critical barrier to scalability and value realization as organizations embark on their automation and ..read more
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Where Should Intelligent Automation Begin- With Data Or Processes?
AIRA
by Lovy Jain
1y ago
Many of the clients I’ve spoken with over the last year have been seeking methods to improve their processes by making them smarter, more adaptive, and resilient. According to our latest research, many firms regard a mix of AI and automation, or intelligent automation, as critical to accomplishing these objectives.   Despite the promise of improved operational performance through intelligent automation, one typical concern is where to start: with the process itself or with the data that will power the process. The key is to figure out what you want to accomplish. Making a mistake with the ..read more
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Hyper-automation & winning with artificial intelligence
AIRA
by Thomas
1y ago
COVID-19 revealed the true potential of artificial intelligence to the commercial world. It has hastened the adoption of disruptive technology by businesses to create the new normal of work. Hyper-automation processes, which are a combination of AI and machine learning with autonomy driven by cognitive process automation and robots, have become increasingly popular in businesses throughout the industry.   Hyper-automation should be implemented systematically and well-thought-out to maximize the investment made in repetitive processes while also allowing for creativity. Hyper automation is ..read more
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AI Decision-Making: Where are we now?
AIRA
by Lovy Jain
1y ago
You’ve probably heard about artificial intelligence and seen its impact develop over the years. After all, why not? By automating vital activities and equipment, evaluating big datasets, empowering robotics, and enhancing productivity and customer experience, effective AI may drive an organization’s success. With AI spending expected to increase by more than 20% annually, businesses must get the basic knowledge to make informed decisions regarding their AI life cycle when the time comes.   We wanted to get a sense of where AI is right now and how decision-makers in businesses and governme ..read more
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RPA Digital agents for Supply Chain Management
AIRA
by Lovy Jain
1y ago
Businesses have spent millions of dollars over the years to improve their supply chain operations and infrastructure. While the majority of retailers, manufacturers, and logistics companies have adopted some form of Supply chain management system, comprehensive process automation and data integration remain a difficulty.   Digital transformation is having a significant impact on supply chain management, transforming how businesses deliver products, conduct operations, and fulfill orders. What if you could improve your company’s complete supply chain process while lowering expenses without ..read more
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How to Automate Employee Retention and Improve Productivity
AIRA
by Maxime Barber
1y ago
According to new data, most firms (63%) say retaining staff is more challenging than hiring them as the pandemic’s impacts fade. Employee turnover, according to many (81%), is a “costly problem.”   What’s going on? The employee is casting their ballots with their feet.  They want more flexible work hours, remote employment to remain available, higher pay, and better treatment. And it appears that with the help of intelligent automation combining Robotic Process Automation and artificial intelligence, they have a reasonable chance of attaining those things.   Employee Experience ..read more
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How Business Process Automation Can Benefit Your Banking and Insurance Needs
AIRA
by Thomas
1y ago
Automation is rising to the forefront of business models for a variety of reasons, not the least of which is the rise in customer expectations. Companies are increasingly turning to digital solutions to boost their efficiency as competition grows in an increasingly disruptive market.   The first and most critical stage in this process is digitalization. It enables you to streamline your business operations, resulting in increased productivity as well as greater transparency and traceability. This is especially important for regulated industries like banks and insurance companies, where di ..read more
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How Automated Process Mining Can Help You Accelerate Digital Transformation
AIRA
by Lovy Jain
1y ago
Digital transformation is a major priority for 77.3% of CIOs. This should come as no surprise, given the pandemic’s immediate demand for businesses to offer remote working and more online services and products. Rather, it has merely advanced the digital transformation goal.   While it is reasonable that firms are eager to go on this path, the use of digital technology can assist in speeding progress toward enterprise goals such as financial returns, workforce diversity, and environmental targets by 22%.   It takes a lot of courage to begin these programs, especially when you consider ..read more
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