Robotic Process Automation
(RPA): A New Approach to
Automation
To improve the productivity and
performance, nowadays companies are using software robots to perform routine,
rules-based service processes. With a careful implementation of such software (robots)
for automation, high-performing human-robot teams can be developed. This type
of process of automation of services is also known as Robotic Process
Automation. It is sometimes called a software robot or
bot which imitates a human worker, logging into applications, entering data,
calculating and completing tasks, and logging out.
RPA software is usually not a part of an organization's IT infrastructure
but, it sits on top of it, and enables a company to implement the technology
quickly and efficiently -- all without changing the existing infrastructure and
systems.
The main difference between other automation methods and RPA is the ability
of the RPA software to be aware and adapt to changing circumstances, exceptions
and new situations. Once RPA software has been trained to capture and interpret
the actions of specific processes in existing software applications, it can
then manipulate data, trigger responses, initiate new actions and communicate
with other systems autonomously. Also a standard interface along with the
deployment of software is used in RPA without modification to the applications
or the systems which is being automated.
In spite of the fact that RPA software is a new technology, but it is
neither expensive nor complex.
RPA software is particularly useful for organizations which require
effective and effortless integration and interaction among many different and
complicated systems.
The industries which use labor on a large scale for general knowledge
process work, where people are performing high-volume, highly transactional
process functions, will enhance their capabilities and save money and time with
robotic process automation software. It is the application of technology that
allows employees of a company to configure computer software or a “robot” to
capture and interpret existing applications for manipulating data, processing a
transaction, triggering responses and communicating with other digital systems.
Similar to industrial robots which
are remaking the manufacturing industry by creating higher production rates and
improved quality, RPA “robots” are transforming administration of business
processes, workflow processes, IT support processes, remote infrastructure and back-office work.
RPA provides significant
improvements in accuracy, cycle time and increased productivity in transaction
processing as it elevates the nature of work by removing people from dull,
repetitive tasks.
RPA technology can be applied to
a wide range of industries. The
financial sector followed by healthcare and telecom & IT are embracing RPA.
The major reason of this is the large volume of data entry and switching among
various applications. By automating processes i.e. data entry, purchase order issuing,
creation of online access credentials, or business processes expedite
back-office tasks in supply chain management, procurement , accounting, finance,
customer service and human resources etc.
Remote management of IT
infrastructures can be automated to consistently investigate and solve problems
for faster process throughput.
Service desk operations and the
monitoring of network devices can be improved drastically by RPA. Separating
scalability from human resources allows a company to handle short-term demand
without extra recruiting or training.
Benefits of RPA
Organizations moving on their digital transformation journeys can be
benefitted by RPA technology as it:
- Enables better customer service
- Ensures compliance of business operations and processes with regulations and standards
- Saves time of processes
- Improves efficiency by digitizing and auditing process data
- Reduces cost involved in manual and repetitive tasks
- Enables employees to be more productive
Future of Robotic Process Automation
RPA with capabilities of providing
benefits such as enhanced accuracy, compliance, cost saving and scalability, is
emerging as a disrupting technology. These tools are less expensive than the
full-time employees, industry experts have been expecting RPA to disrupt the
conventional Business Process Outsourcing (BPO) model and alter the global
outsourcing industry.
A Global Market Insights Inc. report expects the
RPA market to reach $5 billion by 2024. The increased adoption of RPA
technologies by organizations to enhance their capabilities and performance and
boost cost savings will apparently drive the growth of the robotic process
automation market in next 4-5 years.
Prof.(Dr.) Meenakshi Narula
Head, Department of Information Technology
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