Robotic process automation and artificial intelligence will ‘drastically transform modern workplace’, says IQPC

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Forget the hype, robotic process automation and artificial intelligence are both a reality, says event organiser

Robotic process automation and artificial intelligence will drastically transform the modern workplace, according to IQPC, the organiser of the Robotic Process Automation and Artificial Intelligence Summit.

Will you embrace this technological change to make cost reductions, improve performance and enhance real-time decision making? When you think about it, this all adds up to massive competitive advantage, says IQPC.  Continue reading Robotic process automation and artificial intelligence will ‘drastically transform modern workplace’, says IQPC

Don’t believe the hype: Three steps to guide the automation software decision process

workfusion

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.

Finally, since most enterprise operations are in the early phase of automation adoption, case studies are hard to find. However, enterprises are finding ways to sort the wheat from the chaff and gladly adopting this technology. Below is a more detailed discussion of these challenges, along with three steps to help in that sorting process.  Continue reading Don’t believe the hype: Three steps to guide the automation software decision process

Robotic process automation can drive billion-dollar savings in healthcare, says Alsbridge

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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.

“Insurers struggling to update aging, inflexible legacy systems or grappling with the price tag of new technology platforms now have an alternative option.”  Continue reading Robotic process automation can drive billion-dollar savings in healthcare, says Alsbridge

The growing power of robots in today’s economy and society

MCU Field Robotics Centre’s Dante robot
MCU Field Robotics Centre’s Dante robot

As robots are fast becoming our co-workers, we take a look at when and where this alliance began. By James Hall, CEO of Genfour

The first autonomous robots joined the workforce at a General Motors plant in 1961, where they performed tasks like welding car bodies together.

In the decades that followed, robots performed an increasing share of industrial factory work, but always alone – their inventors, George Deyol and Joseph Engelberger, deemed them too dangerous to work around people.  Continue reading The growing power of robots in today’s economy and society

50 ways to love your robot – by Genfour boss

genfour
Genfour has signed a pact with the robot

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.

As we enter the fourth industrial revolution, the working relationship between man and machine is becoming ever more intertwined, creating new jobs and reshaping the traditional structure of the workplace.  Continue reading 50 ways to love your robot – by Genfour boss

Virtual robots maker Blue Prism debuts on London stock market

blue prism london stock exchange

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.

“Today’s milestone follows a successful year for the company, and marks a shift in acceptance for software robots as a mainstream choice for the enterprise digital workforce,” said Alastair Bathgate, co-founder and CEO of Blue Prism.  Continue reading Virtual robots maker Blue Prism debuts on London stock market

In robots we trust, says Genfour

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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

‘2016 is the year of the robot’, says Institute for Robotic Process Automation

robotic process automation

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.”

The US-based knowledge forum has scheduled a series of events, with the next one in 11 days’ time – Outsourcing, automation and innovation seminar series (OAISS), in Dallas, Texas. Continue reading ‘2016 is the year of the robot’, says Institute for Robotic Process Automation