Robotic Process Automation (RPA) is the classic business process made automatic by using the technology that allows anyone today to configure computer software, or a “robot” to ”emulate and integrate the actions of a human interacting within digital systems to execute a business process. RPA’s ability to rapidly drive the automation of business processes without disrupting existing enterprise applications.” – uipath.com
Any enterprise process can be defined as consisting of the following sequence: Data -> Judgment -> Action. Leading companies are now leveraging AI to make the most of all the data that is available to them by adding prediction as a step into the sequence, leading to: Data -> Prediction -> Judgment -> Action according to Venu Kannan, Chief Solution Officer UiPath. This is the next step already.
But, going back, the RPA robots are capable of emulating many human user actions. They log into applications, move files and folders, copy and paste data, fill in forms, extract structured and semi-structured data from documents, scrape browsers, and more, exactly what a lot of the human paid staff is already doing at their jobs, most of the time. Imagine the impact!
They say (UIPath) that essentially, any high-volume, business-rules-driven, repeatable process qualifies for automation. Now, think what sort of repetitive, high volume task do you have in your business and would rather give them away to a software robot?
Yep, this is the cool part of it, the humans get to do just the cool stuff, well at least we try to. Obviously, we do not have a software robot to write articles although there are some attempts. For that we need Artificial Intelligence, the next thing that will skyrocket the RPA to the new level.
One of the CEE most important company, and recently valued to over 1 billion EUR is the above cited UIPath. Read more about them here .