Future of robotics & automation for the next millennium
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The document discusses the current and future landscape of Robotic Process Automation (RPA), highlighting that only 39% of businesses have adopted it due to concerns about security and job replacement. Increased adoption is expected, with projections of a tenfold increase and RPA becoming essential in IT and public sectors, ultimately transforming the workforce and creating new job opportunities. It emphasizes the evolving relationship between humans and RPA, with a focus on integrating artificial intelligence and handling unstructured data.
Future of robotics & automation for the next millennium
- 1. SUCCESS BUSINESS Date: 10th May 2019, Four Points by Sheraton, Pune www.pyramidplatforms.com Future Of Robotics & Automation For The Next Millennium
- 2. Slide Engage Educat e Excel About Me I am Abhinav Sabharwal and I represent school RPA
- 3. Slide Engage Educat e Excel Deployment of RPA in Mainstream 1 For most of the companies, it is not easy to deploy RPA in the mainstream RPA is currently used by only 39 percent of businesses. In 2019, Most of the companies will deploy RPA to catch up with competition Most of the businesses still hesitate to deploy RPA due to security features Most of the enterprises fear RPA will purely eliminate human responsibilities
- 4. Slide Engage Educat e Excel Increased Job Opportunities 1 RPA will only diversify human responsibilities. Roles will be changed, regular employees will help businesses in their growth by becoming a business analyst. As the world transforms into the digital era, scope of RPA will only increase jobs created by RPA will also help candidates in different industries RPA solutions and humans will work together.
- 5. Slide Engage Educat e Excel Increased RPA Adoption 1 RPA will be the most common entity in Information Technology. There will be 10X increase in RPA deployment RPA will have the more positive impact of their busin esses translating into increased adoption rate The coming years will see an increasing dominance of RPA into public sector leadership team will take a keen interest in the RPA t echnology
- 6. Slide Engage Educat e Excel Advancement of Artificial Intelligence 1 RPA enables businesses to save time, cost and productivity. Artificial Intelligence along with Robotic Process Auto mation will eventually change business operations RPA integrated with other automation tools will transform the human workforce RPA will evolve to handle fuzzy logic, image and pattern recognition, and natural language voice interaction.
- 7. Slide Engage Educat e Excel Replacement Of Low Value Outsourcing Jobs 1 As per predictions RPA will eventually replace outsourcing. 2018 RPA trends indicate that, companies have already moved to automation solutions In future RPA will determine who should have a job and who shouldn’t However the outsourcing business is not going to end anytime soon
- 8. Slide Engage Educat e Excel Making Enterprises More Scalable 1 Robotic Process Automation technologies have become more innovative. PA enables employees to have a focus on value-added and creative activities human workforce will be focused on higher-level tasks in the coming years. Employees will be more efficient and provide high quality of services.
- 9. Slide Engage Educat e Excel Global RPA Industry Forecast 2018-2025 1
- 10. Slide Engage Educat e Excel Investment Into Centres of Excellence 1 By the end of 2019, 40% of enterprises will have automation COE in place Chabot's will be the next wave of RPA. Successive years will witness voice and chat-enabled products become a norm Chabot's will augment the use of cognitive knowledge engines Creation a corporate memory with the objective of pro viding answers will become norm
- 11. Slide Engage Educat e Excel All Eyes on Unstructured Data 1 RPA products will continue to focus on unstructured data Unstructured data sources like images, mails become the next information goldmine RPA vendors will deploy OCR and AI technologies to structure data items
- 12. Slide Engage Educat e Excel Thank You For Your Time & Patience 1
Editor's Notes
- #2: The New millennium is era of the smart cyberspace that is becoming pervasive in its nature while connecting the next generation of ultra-smart Devices. More and more companies are implementing Robotics & Automation, and in 2019, the impact of Robotics & Automation will become broader. Within organizations, Robotics & Automation will be used in more ways and across more processes than it is today. One new aspect of this is that Robotics & Automation will focus on external, customer-oriented processes in addition to internal processes from this point on. Part of this will happen when Robotics & Automation implementations start to move from pilots and proof of concepts to real production. While many if not most large organizations have tested Robotics & Automation, It’s truly proven its usefulness in many situations at this point, so more organizations will take Robotics & Automation to the next level. The area is rich for innovation at this point, and new applications will certainly emerge.