Business Automation Robotics

Robotic process Automation is changing the very way we work in business today, it is the new (4th) Industrial Revoluton.
Business Automation Robotics is cutting out the repetitive mundane tasks of the office, and freeing employees to do more revenue or service natured work.
What could this mean for your business ?

Extract from UiPath - original article by Nick Ostdick Full Article Here

Robotic process automation (RPA) is already bringing great transformation to how a wide range of industries operate on a day-to-day basis. The technology is able to help companies execute various business activities quickly and accurately at reduced costs with less need for human intervention than ever before. As such, it has been suggested by some technology analysts that RPA has the potential to eventually replace the human workforce.How robotic process automation impacts the way we work.

But is this suggestion actually viable? Can RPA software robots actually steal jobs currently being performed by humans? These “robots” are certainly coming, but they are not here to negate the need for humans in the workplace. Leading experts suggest the complete replacement of human employees by robots is not likely and that RPA is much more likely to contribute to job reallocation and even job creation. Additionally, many industry experts assert RPA will fundamentally alter the way human perform current job functions.

But how so? If RPA software isn’t attempting to steal jobs from human beings, how will it alter the roles of employees? In order to more closely address these questions, let’s consider the discussion surrounding job elimination, the impact of RPA on the ways we work, and who is impacted by the rise of this emergent technology.

Dispelling Worries of Job Elimination

RPA certainly has the possibility to impact all jobs in some manner, but the current capabilities of the technology do not allow it to entirely replace the need for a human workforce.

In an article entitled Where Machines Could Replace Humans - And Where They Can't (Yet), leading consulting firm McKinsey & Company suggests that “currently demonstrated technologies could automate 45 percent of the activities people are paid to perform and that about 60 percent of all occupations could see 30 percent or more of their constituent activities automated.”

As you can see, these statistics show in the next 10 years RPA is much more likely to replace specific tasks than an employee’s position. Ideal processes for RPA automation are rules-based, repetitive, and include, for example, order processing, copy-paste, and data migration. Despite the impact RPA can have in the back office, many complex tasks, especially those in the front office, require humans to complete. RPA software robots are not yet capable of automating certain capabilities unique to humans such as problem solving, creativity, and human interaction.

In addition, RPA still needs external support from humans in order to be successfully implemented. Humans are needed in order to determine processes suitable for automation, to establish this automation, and to monitor the performance of the robots. The technology is not yet able to operate entirely independent from humans nor is it currently able to reproduce the higher-level thinking and actions of which humans are capable. For these reasons, anxiety about RPA replacing the need for a human workforce any time soon is irrelevant.

Extract from UiPath - original article by Nick Ostdick Full Article Here

Message Me: Tony Nudd - UiPath Business Automation Robotics Specialist