"The Automation of Knowledge Work will be this Decade Engine of Growth by freeing up human labor to provide additional capacity for more strategic work.
RPA (Robotic Process Automation) simply create more value with less investment.
The Economics of RPA cannot be ignored. The use of RPA, like all good stategic moves, is about the intelligent use of resources.
RPA can create a 25 - 50% cost savings.
A Software Robot can cost as little as one-third the price of an offshore full-time employée (FTE) and as little as one-fifth the price of a onshore FTE. Un like humans, robots can work 24 hours a day, seven days a week. Typically, one robot can do the work of two to five FTEs.
Process Automation makes gathering and organizing data easier so a company can predict future outcomes and optimize their processes. Advanced Analytics determined areas of improvement, and the improved processes, in turn, produce more specific data that allows for further improvement of operations and higher levels of efficiency."
RPA applies specific technologies to automate routine, standardized tasks in support of an enterprise's knowledge workers.
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