Key "Robotic Process Automation" (RPA) trends in 2023!
Robotic process automation (RPA) is one of these technologies consisting of software robots to execute tasks usually humans perform by interacting with different digital systems (e.g. ERP, CRM, and other applications). Employees may use software robots to record themselves doing these manual and tedious activities through many digital systems. Later, automated bots can mimic the reported behavior by communicating with programs in the same way as an employee does, but in a more effective and reliable manner. Here are the key robotic process automation trends: ✅Industry-specific RPA Organizations in different industries such as healthcare, finance, IT, and manufacturing have specific automation needs based on their daily operations. For that, it has become a growing trend for RPA vendors to start developing industry specific solutions ready to be used and tailored to the needs of these businesses based on their industry. ✅Wider adoption of cloud-based RPA The move to a complete cloud-based RPA solution is among the most vital RPA trends to watch. Currently, the majority of vendors offer on-premises solutions that can be used to build robots that automate routine and manual tasks. Now that more businesses are storing their data in the cloud, it makes sense that RPA solutions are also available there to facilitate quick system integrations and data access. Using cloud-based solution will help companies scale up and down their RPA infrastructure when needed without the need to invest in additional hardware. Additionally, it will help reduce costs related to IT infrastructure and maintenance. ✅More collaborative RPA Collaborative robotic process automation refers to the smooth integration between RPA and other intelligent automation technologies such as BPM and BPA tools. This approach helps businesses to fully automate most of the processes irrespective of the complexity level. The ability to automate a process between the two most cutting-edge technologies ever created will help streamline processes more quickly, leading to cost savings and increased productivity. ✅Wider usage of AI Organizations have been able to digitalize specific complex processes by combining AI and RPA in a way that improves output quality, transparency, and efficiency. More advanced automation and decision-making abilities have been made possible as a result. It is recommended to follow hyperautomation trends to stay updated about the latest innovations. As AI becomes more powerful, all technologies in particular robotic process automation will become a vital component in any business that is why you should always keep an eye on this trend for RPA. It augments RPA tools with AI and ML capabilities using concepts like Natural Language Processing (NLP), Optical Character Recognition (OCR), etc. ✅Rise of low code platforms A low-code platform is a development environment that enables non-technical business users to design, build, and deploy software applications. It provides a graphical user interface and drag-and-drop tools that allow business analysts and other non-technical users to design and create custom solutions without coding. The use of low code platforms has increased in recent years due to the benefits they offer in terms of time, cost, scalability, and risk reduction. ✅More integrations RPA’s ability to seamlessly integrate into the existing IT system architecture was a major factor in its rapid adoption. Additionally, the growing number of integrations with the majority of the applications used by SMBs and large corporations will increase the relevance and power of any solution. ✅More RPA Centre of Excellence (CoE) RPA CoE is a centralized group that is responsible for implementing RPA processes in a business. This group consists of different professionals such as IT, consultants, and process managers to help manage and control all robotic process automation implementation across the organization.
