The Business Bulletin Issue #11 - Focus On Operations & Resources

Page 40

The Business Bulletin

What is RPA and how can it help my business? Of course automation is not new, the difference

Asking people to work like “Machines”

with RPA (Robotic Process Automation) is that

intentions, human error occurs and

has never been ideal. Despite best

it delivers automation by using software robots

such mistakes can be costly to rectify.

that mimic human interactions with computer

generally accepted figure is 4% of

systems in a non-invasive way. This means that businesses do not need to throw away existing computer systems. RPA can be used to perform the repetitive tasks necessary to operate both individual computer applications and between such applications.

The level of errors will vary but the activity will be impacted. RPA is more accurate and more predictable than manual activity.

The potential market There are millions of office workers, most of whom spend significant time working in computer systems for their companies. With this potential market, it is clear why investors have been keen to participate in UiPath’s recent IPO, as the leading RPA software vendor.

40 | Issue 11 – Operations and Resources


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.