By Adam Devine, vice president of marketing, WorkFusion
In general, the decision-making process regarding enterprise software has been difficult – and made more so by the inflated promises of slick marketing. But business process automation has proven difficult in particular, and for three particular reasons.
The first is that providers over-sold the capabilities of the first generation of process automation solutions. Second, it’s problematic to do an apples-to-apples comparison of automation products because no two are exactly alike.
Advisory company Alsbridge predicted that deploying smart robots to improve the efficiency of claims processing could generate billion-dollar savings for the healthcare industry.
“Robotic process automation (RPA) offers a cost-effective strategy to significantly increase the rate of healthcare claims automation and drive cost savings,” said Rod Dunlap, a director in Alsbridge’s RPA practice.
To celebrate National Robot Week, Genfour has compiled 50 reasons to respect and welcome our robotic companions to the workplace. Article, published exclusively on Robotics and Automation News, courtesy of James Hall, CEO of Genfour
Technological change is surging at unprecedented new speeds, and Robotic Process Automation (RPA) and Artificial Intelligence (AI) are at the forefront of this development.
Blue Prism, a developer of enterprise robotic process automation (RPA) software, is to debut on the London Stock Exchange’s AIM market, making it the first developer of software robots to trade on public markets, according to the company.
Blue Prism says it grew 35 per cent last year and has deployments with more than 74 customers, including a number of the world’s largest banks, insurers, utilities, healthcare, telecommunications, service providers and other regulated industries.
The initial public offering (IPO) will allow Blue Prism to support its global growth plans and enhance its profile within the RPA marketplace, the company said.
Robots are becoming more and more integrated into our everyday lives, but are we willing to trust them over our own intuition?
Should we trust robots?
A team of researchers from the Georgia Institute of Technology recently conducted an experiment to determine whether or not the occupants of a building would trust a guide robot in the event of an emergency evacuation in case of fire.
Thirty volunteers were accompanied by a robot with wheels and LED arms in a room, and were asked to complete a survey form. The researchers then filled the hallways of the building with fake smoke and triggered the fire alarm. The participants left the room and the guide robot led the way towards a path that was unfamiliar to the participants. Continue reading In robots we trust, says Genfour
The Institute for Robotic Process Automation (IRPA) has declared 2016 the “year of the robot”.
IRPA, an independent professional association for the robotic process automation (RPA) industry, says 2016 “promises to be a pivotal year for the sourcing marketplace as transformational digital and automation technology both disrupt and enable industries across the globe”.
It adds: “We are standing on the threshold – witnessing the move from hype to reality as advances in emerging technologies converge to create a suite of services and capabilities that has the potential to change business, accelerate business outcomes, reduce cost, create new revenue opportunities and completely redefine how work gets done.”