Concept of RPA Robotic process automation on wooden cubes.

 

Definition and Features of RPA
– RPA is a form of business process automation based on software robots or AI agents.
– It is sometimes referred to as software robotics.
– RPA systems develop an action list by watching user tasks in the GUI and repeating them.
– RPA tools allow data to be handled between multiple applications.
– RPA tools differ from GUI testing tools in their ability to handle data and automate interactions.
– RPA is an evolution of screen scraping and includes API integration and connectors.
– RPA is considered a significant technological evolution for large enterprises.
– RPA provides a pragmatic means of deploying new services without new IT investments.
– RPA leverages existing IT assets and is more affordable than other approaches.
– RPA overcomes the barriers of retrofitting new interfaces and layering process rules.

Use and Benefits of RPA
– RPA services are hosted in a virtual environment, with each robot having its own workstation.
– RPA implementations in business enterprises have shown significant cost savings.
– Risks of RPA include stifling innovation and complex maintenance of existing software.
– RPA does not result in layoffs but redeploying workers to more interesting work.
– RPA enables more work and greater productivity without reducing headcount.

Impact on Employment
– RPA adoption in operations groups promises no layoffs according to Harvard Business Review.
– Workers embrace automation and view robots as team-mates.
– RPA can threaten the business process outsourcing (BPO) industry.
– RPA may create high-value jobs for skilled process designers in onshore locations.
– Oxford University projects that up to 35% of all jobs might be automated by 2035.

Geographic Implications of RPA
– Repatriating offshored processes through RPA can benefit developed economies.
– RPA can drive down the cost of services while improving quality and personalization.
– Digital robots with empathy can positively impact society, as seen in Japanese insurance companies.
– RPA can increase job satisfaction and intellectual stimulation.
– RPA has the potential to take the robot out of the human, enhancing human capabilities.

Unassisted RPA and Hyperautomation
– Unassisted RPA, or RPAAI, is the next generation of RPA technologies.
– Technological advancements in artificial intelligence enable processes to run without user input.
– Unassisted RPA eliminates the need for human intervention in computer-based tasks.
– It is a form of automation that relies on AI capabilities.
– Unassisted RPA can significantly improve efficiency and productivity.
– Hyperautomation combines advanced technologies like RPA, AI, ML, and process mining.
– It augments workers and automates processes more effectively than traditional automation.
– Hyperautomation requires a combination of automation tools to replicate human involvement.
– RPA alone is not hyperautomation; it is the integration of multiple tools.
– Gartner predicts hyperautomation as a significant trend in the automation industry.

 

Source:
https://en.wikipedia.org/wiki/Robotic_process_automation
https://www.wikidata.org/wiki/Q23893439

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