We talk about a technology that we all are using to some extent in some form at work, at home, or even both. This has necessitated having an increasingly entrepreneurial workforce that is dynamic, more creative, more innovative, and more collaborative. According to a report by Automation Anywhere, about 95% of the people surveyed consider intelligent automation as a key component of their transformation strategy. Organizations are also contributing to this by incorporating automation into their digital transformation initiatives with a focus on centralizing automation planning.

A recent forecast by Gartner says that by 2024 businesses would be lowering their operating costs by about 30% by bringing together modern technologies and process automation. How successful businesses would be in doing this is also subject to speculation now, but the outcomes would be significantly dependent on the business’s ability to accelerate and master the change in different aspects and parts of the business. However, one thing can be said with certainty - businesses that recognize the need for changing processes as soon as possible and consider it important to embrace intelligent automation, not just in talks but also in action, in processes, and wherever possible, would stand n good stead for achieving successful outcomes in the future. An expert has opined in this regard that the future will belong to organizations that are strategically focused on embracing and implementing intelligent operations while encouraging and supporting their workforce to reskill as well as be innovative in adopting new ways to work in synergy with automation.

We don’t think anybody needs to be told any more about why they need to embrace intelligent automation, but if someone still asked us, we would say there are four major benefits a business can derive from embracing intelligent automation:

Technology is evolving very, very rapidly and organizations everywhere will need to pull up their socks and keep up with this rapid pace of transformation to prevent becoming obsolete. Remaining agile is almost mandatory. A good starting point in this direction would be to start small and take up small, measurable intelligent automation opportunities, something that can be implemented without overwhelming anybody.

We come to the end of this week’s episode of the Cognixia podcast. We will be back next week with another interesting and inspiring episode of the podcast. Do check out our previous episodes if you haven’t already. You can leave us a review and share our episodes with your friends and colleagues, it would help us a lot.