Employees in many industries are beginning to worry whether a computer, robot, or some other method of automaton could be poised to take their job. In some areas, especially in the manufacturing world, this is a very real possibility. In many other spheres, however, such as companies comprised of workers in business sectors, are more likely to see a boost in productivity due to automation.
The bottom line is pretty straightforward: should IT workers worry about losing their jobs to robots? The answer to this is quite simple: no. In fact, robotic process automation (RPA) just might let you accomplish more each and every day, increasing longevity within your career. Let’s take a closer look.
Automating Tasks and Streamlining Processes for Business Efficiency
Companies are leveraging RPA to streamline various business processes to improve operational efficiency. Using RPA bots to handle “busy work” makes your own employees more productive. Studies show these bots work two to five times faster than humans, on a 24/7 basis, and with an 80 percent reduction in errors.
The benefits of this productivity boost are numerous. Expect a reduction in expenses from 25 to 50 percent. As your company grows over time, these RPA tasks scale without any problems. Your competition is looking at process automation as well, since the market is predicted to grow at a 60.5 percent CAGR.
Probably the most important advantage of robotic process automation is freeing up your employees to focus on tasks that require their valuable insights and creativity. The ultimate benefit to your organization is a more engaged workforce. Employee morale and retention rate subsequently get a significant boost.
What Tasks Benefit from Robotic Process Automation?
When looking at repetitive tasks for using RPA, data entry stands at the top of the list. This is an area where bots handling these duties in a mistake-free fashion especially benefits companies. When combined with AI and machine learning algorithms, data analysis and reporting also become more efficient and valuable to businesses.
Using bots as part of the software development process greatly improves efficiencies. In fact, automated bots performing builds, unit tests, and more remain a big part of companies currently achieving success with DevOps. Chatbots keep your developers in communication while also performing a variety of development tasks.
In short, your organization needs to look at RPA to stay ahead of the competition both now and in the future.
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