Taking note of how the world’s businesses are moving toward end-to-end process automation, Gartner coined the term ‘Hyper automation’ in 2019. Then Gartner mentioned hyper-automation as one of the top strategic technology trends for 2022. When an independent research house identifies technology as a trend, it is time to pay attention.
Technology is evolving rapidly to help businesses meet and grow in the new operational realities. Individual technology tools that offer specific solutions are now changing and interacting with one another to form an integrated network of enterprise solutions, making it truly possible to achieve end-to-end automation.
The digital workforce is the frontline of intelligent automation. It weaves together RPA, artificial intelligence (AI), and machine learning to create virtual employees that are ready to deploy directly into the fabric of work and advance the augmentation of human efforts.
RPA (Robotic Process Automation) and AI (Artificial Intelligence) are two distinct but overlapping areas of technology. We’ve often found that the clear demarcation between the two isn’t commonly understood, leading to the question, “Is RPA AI?” To be clear, RPA is not AI, but it can be used to help AI perform simple tasks. With RPA solutions continuously becoming more featurized, it can begin to look similar to technologies such as AI.
AI adoption at several organizations across industries is speeding up like never before.
According to the McKinsey’s State of AI in 2021 Survey, AI adoption is continuing its steady rise. As per the report, 56 percent of all respondents report AI adoption in at least one function, up from 50 percent in 2020.
When you hear the word ‘Artificial Intelligence,’ it is easy to think that this is something related to big tech companies and what they do. Therefore, it may have substantial future implications for such companies but has little or no impact on our present daily lives.
Imagine how long it would take for Da Vinci to create a Mona Lisa if he was painting it in 2022! And what else could have turned out on his brilliant canvas if there was someone who could do the artistic-side legwork for him – like mixing colors or finding the right temperature and spot; or not letting anyone disturb the painter at a crucial moment of epiphany? Thankfully, today’s UI-UX artists cannot just say, ‘Alas, we wish we had someone but what to do’ and walk on in despair.
Over the past two years, the word “uncertainty” has cropped across social media and new channels like never before. The pandemic has created a lot of uncertainty in all aspects of our lives. We don’t know whether there will be a cure for cancer or we will live in an algorithmic world or robots will replace our work.
Elevate Your Manufacturing Game with Real time Production Monitoring10/10/2023
If you haven’t heard already, here’s what you need to know - data is the new oil. Real-time production monitoring is the refinery that turns raw data into actionable insights. The result? A manufacturing floor transformed into a well-oiled machine, unhindered by bottlenecks and inefficiencies.
Discover the Game-Changing Potential of Predictive Maintenance in Manufacturing10/10/2023
In the ever-evolving manufacturing universe, efficiency and uptime remain the much sought-after constants. The ability to keep machines running smoothly, avoid significant breakdowns, and maximize production output can often be the difference between success and failure. Traditionally, manufacturers have relied on two primary approaches to the maintenance of their machinery – reactive and preventive. Over recent years, another option has emerged as a game-changer and that is ‘Predictive Maintenance’.
How Manufacturing Analytics Can Boost Factory Performance?04/10/2023
If we were to pause for a second and look around our factories and warehouses, we would be surprised to see how much has changed. Manufacturing productivity is increasing, and we need fewer workers for the same results- hence marking an undeniable factory performance improvement.
Unlock the Potential of Modern Manufacturing through IIoT03/10/2023
Henry Ford and Nikola Tesla are proof that whenever something new is thought of- the cliché response is, ‘Why do we need it?’ Slowly but surely, the answer changes to ‘Tell me how.’ From horses to cars, from lamps to electricity, and from dumb machines to intelligent and IIoT-run equipment, the journey always follows the same path
Navigate Inventory Challenges and Leverage Demand Visibility for Success08/08/2023
Let’s rewind to 2020 a bit. Let’s skip all the turbulence that the pandemic brought and focus on how the world of business inventories was affected. As per the Council of Supply Chain Management Professionals (CSCMP) ‘State of Logistics’ report, shippers were set on boosting their logistics spending to build resilience in supply chains.
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