Robotic Process Automation Assisting Businesses in Deploying Virtual Workforces

The growing requirement for virtual workforces is driving the demand for robotic process automation. This is because robotic process automation enables businesses to develop a virtual workforce which can work on mundane and routine tasks with high efficiency, thereby eliminating the requirement for human intervention.

Moreover, it provides scalability and also allows enterprises to reduce their operational expenditure by 50%, on account of the fact that virtual workforces can work round the clock, unlike humans, who can only work for a limited number of hours and require regular leaves. Additionally, robotic process automation systems work non-stop, which leads to higher customer satisfaction and lower overall production costs.

RPA Market Provides Detailed Insight by Trends, Opportunities, & Competitive Analysis

Besides this factor, the high efficiency of RPA-managed tasks is also contributing to its booming popularity all over the world. The robotic process automation software can run continuously in the background, which assists in mechanizing back-end processes, thereby allowing human employees to focus heavily on more important tasks such as product development and client handling.

For example, IBM Corporation entered into a partnership with Automation Anywhere Inc. in 2017 for assisting businesses in digitizing their operations and boosting efficiency across operations by providing tools that automate and simplify data-intensive tasks, within processes handled by the process management software of IBM Corporation.

Apart from these factors, the ability of the robotic process automation software to provide better customer satisfaction is also fueling its popularity across the world. Thus, it can be said without any doubt that the demand for robotic process automation will surge in the coming years, primarily because of the growing requirement for virtual workforces, lower operating costs, and higher customer retention among businesses all over the world.

Comments

Post a Comment

Popular posts from this blog

Increasing Smartphone Usage Driving Enterprise Mobility Management Market Surge

Image
Owing to the increasing penetration of the internet, mushrooming use of smartphones, and growing enactment of the bring-your-own-device (BYOD) policy at workplaces in several countries, the global enterprise mobility management (EMM) market is expanding rapidly. According to the forecast of the market research company, P&S Intelligence, the value of the market reached $16 billion in 2020. The market is also expected to exhibit explosive growth during 2021–2030 (forecast period). In recent years, the penetration of the internet has surged sharply in several countries. According to the World Bank, around 49.0% of people all over the world were using the internet in 2017. This is fueling the demand for enterprise mobility management solutions and services. In addition, the rapid advancements being made in technologies, such as artificial intelligence (AI), and the surging number of smartphone users across the world are also propelling the requirement for EMM solutions. This is because...
Read more

Increasing Construction Activities Driving CAD Software Demand in India

Image
The expansion of the construction sector, on account of factors, such as the implementation of initiatives by the government for facilitating infrastructure development and increasing foreign direct investment (FDI), is fueling the demand for CAD software in India . According to the India Brand Equity Foundation (IBEF), India will be home to the third largest construction industry in the world by 2022. The organization also reported that the government allocated Rs. 111 lakh crore or USD 1.4 trillion under the National Infrastructure Pipeline (NIP) for FY2019–2025. The CAD software is being increasingly required in the construction industry for facilitating accurate designs and precise measurements, carry out advanced analysis of the designs, and spot flaws in the designs. Moreover, the CAD software enables construction managers to get a better insight into designs, reduce chances of error, achieve faster project completions, and higher project accuracy and efficiency. Therefore, with ...
Read more

Surging Deployment of Unified Communication Systems Driving Corporate Telephony Market

Image
A number of factors, such as the surging deployment of unified communication systems, increasing investments in corporate telephony, and rising need to improve productivity and reduce operational cost and time, are expected to drive the growth of the corporate telephony market during the foreseeable period (2021–2030). Moreover, the market is witnessing the increasing incorporation of the internet of things (IoT) with communication systems. IoT improves mobility and enables access to data virtually, by allowing data exchange among various divisions over a wireless network. This leads to better work scheduling and improved communication. The surging deployment of unified communication systems is one of the main factors boosting the growth of the corporate telephony market .   Organizations are rapidly adopting these systems to improve their communications and reduce their operational costs. Moreover, unified communication systems help organizations in improving the user experience,...
Read more