• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Home
  • Subscribe
  • Your Membership
    • Edit Your Profile
  • Services
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsored posts
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Shop
    • My Account
    • Cart
  • About
    • Contact
    • Privacy
    • Terms of use
  • Events

Robotics & Automation News

Market trends and business perspectives

  • News
  • Features
  • Video
  • Webinars
  • White papers
  • Press releases
  • Featured companies
    • BlueBotics
    • SICK Sensor Intelligence
    • Vicor Power

How Robotic Process Automation is Impacting Key Industries

March 3, 2022 by David Edwards Leave a Comment

Necessity is considered one of the major reasons for invention. But the IT world does not compromise in coming up with innovations that are revolutionary. It all started with reducing the manpower, cutting off the cost and having reached the sole aim of pacing up. 

Introduction

Robotic Process Automation is one such idea that allows any business to reduce the workload of their employees and give a real shortcut to save time, energy, money and stay away from the human chaos of the office.

Since Robotic Process automation ensures the work is free from errors. Major businesses are likely to install it as a weapon to win the race of their respective industry in future.

Table of contents

  • What is RPA?
  • What are the business benefits of RPA?
  • Key industries affected by RPA
  • Why is RPA considered transformative
  • Conclusion: Raise Your ROI

What is RPA?

Robotic process automation, or RPA, is a software technology that makes and deploys robots that behave like humans. It enables the robots to comprehend, interact, and talk like humans. They are developed on the technology of artificial intelligence.

These robots can read, write, translate, navigate roads and maps, calculate and do a hell of a lot of work. The benefits of hiring a robot for doing all these tasks are that it is cost-effective and faster than human employees.

Interested in a Robotic Process Automation certification course? Register now for RPA Online Training offered by “MindMajix – A global online training platform.

What are the business benefits of RPA?

Robot process automation has benefited businesses and several industries in multiple ways. As we already discussed, robots and artificial intelligence are more accurate, faster, and cost-effective. Thus, the benefits of RPAs are uncountable. However, a few of them are listed below.

  1. Accelerated Transformation: transformations are tough and not easy to tackle. With the advancement in technology, we need to transform. The schools are transforming their regular classes to online, modular, or smart classes. The shops are allowing and facilitating customers to shop, pay and choose products online. Many job profiles require digital skills. Seeing all this, we realize that having technical knowledge is very important these days. With the help of RPAs, the Transformation gets a speed and is called accelerated Transformation.
  2. Major Cost Saving: RPAs allow the users to purchase them, take their subscription or pay according to usage. They are way cheaper than hiring a man to do the same. Moreover, accuracy is maintained when the robots are hired. The only disadvantage is that these robots are weak in case of decision-making. But robots nowadays are overcoming this insufficiency too.
  3. Greater resilience: resilience means flexibility. Robots provide facility to whoever uses it. Users can set the timer for when they want their work to be done. Not only this, but since robots are capable of doing work faster, users can also start doing it later without worrying about completing it on time. They can easily wrap up the tasks given to them. No matter how long the data is, robots can operate on them quickly.
  4. High accuracy: there are least chances of errors when working with the software. There can be a bit of difference because the robots do exactly what they are told to. Thus, a task like translation is done with a bit of absurdity. Rest everything can be done with guaranteed accuracy.
  5. Improved compliance: because of artificial intelligence, the decision-making of computers is improving. Otherwise, earlier, the computers did exactly what they were told to. Artificial intelligence is infused in RPAs; hence, they can work according to one’s will and not like custom computers.
  6. Boosted productivity: it is evident that robots are beating humans in every field. Be it gaming, working, coding, or anything else, robots can do it quickly and accurately; when something is accurate, quick, flexible, cost-effective, the productivity automatically increases. 68 percent of the working class believe that RPAs will help them become more productive. They can do more work in fewer time frames. Deadlines will never be an issue if industries adopt RPAs.
  7. More value for personnel: you must be wondering that when robots are capable of doing everything a human can, how will they increase the value of personnel? Well, robots cannot do one thing that humans can, decision-making. Strategies cannot be made by robots. Here is where masterminds are required. New ideas are needed every time a new project is started. Thus, the creativity of a person is required even when RPAs are deployed to do everything.
  8. Happier employees: when employees would not have to type those long letters, enter huge amounts of data, or translate long paragraphs, they will automatically be more contended.

Moreover, the RPAs engage employees more than anything. They are interesting and easier to work on. It is less hectic for the employees to work on software that is self-automated.

If the calculation, translations, and corrections are done by the software, there is very little work left for the employees to do. In such a case, it is obvious for the employees to feel ecstatic.

Key Industries affected by RPA

  1. Human Resources: in many industries, humans are losing jobs because of artificial intelligence. Human resource or HR is one such place. When the recruiting, checking, finding, and screening can be done by robots, why will a company, or anyone for that matter, hire a person to do the same. This is leading many MBAs to roam around unemployed.
  2. Finance & Accounting: remember those accounts students preparing long balance sheets? Guess what? They no longer get paid for doing so. This software can easily calculate, tally, and enter the data. No one needs to manually enter them now. Isn’t it fantastic as well as upsetting? Fantastic to see technology easing human life and upsetting to see people get unemployed because of the same thing.
  3. Marketing: when robotics and artificial intelligence is taking a toll on everything, marketing is also taken care of by it. Advertising has become easier with the help of artificial intelligence. It places appropriate ads on appropriate content. The blank spaces are filled by ads with the help of AI.
  4. Customer Support: there was a time when BPOs or call centers were very famous. Every fourth person used to work there for part-time income. Call centers employed a large sector of society. But now, half of the call centers have employed robots and computers to talk to customers. All these robots have to do is record and play certain lines. There is no need to pay a regular employee for doing the same.
  5. Business Development: artificial intelligence is enhancing productivity whilst maintaining accuracy. Excelling in all the fields has increased business productivity as well. Things that were once known to be human monopolies are also done by robots nowadays.
  6. Statistical Growth: the stats of every company are increasing in a good way. The growth is leading to the popularity of RPAs.

Why is RPA considered transformative?

It is transformative in many senses. RPAs are the nearest relatives to artificial intelligence and are used similarly. These robots are used, employed, and popular in foreign.

They are used in restaurants as waiters and managers. These bots take orders from customers, deliver food to the table, and make bills. Robots are used in research centers as a helping hand for scientists. They are helping hands as well as research materials for scientists.

In some colleges, students are taught and interact with robots to make them smarter. In the army, robots were introduced for the safety of soldiers. They do many tasks that earlier were done by soldiers.

The usage of RPAs in so many industries is all the more transformative and progressive.

Conclusion: Raise Your ROI

Since, these major industries are finding their ways through Robotics Process Automotive rapidly it would be hard to predict the future alignments of the horizontal and vertical teams in a business.

Also, these businesses are not just limited to Robotics Process Automotive but are also looking for other technologies like ML, AI, Big Data, Cloud computing and so on.

Let’s aim to raise your companies return of investment exponentially through making smaller investments in upgrading the business with new technologies.

About the author: Amruddin Shaik is a Digital Marketer and Content Contributor, Who is working with MindMajix, a top global online training provider. I’m a tech enthusiast and have a great understanding of today’s technology. Having an In-depth knowledge of IT and demanding technologies such as RPA, Big Data, Cloud Computing, Cyber Security and Software testing etc.

Print Friendly, PDF & Email

Share this:

  • Print
  • Facebook
  • LinkedIn
  • Reddit
  • Twitter
  • Tumblr
  • Pinterest
  • Skype
  • WhatsApp
  • Telegram
  • Pocket

You might also like…

Filed Under: Artificial Intelligence Tagged With: artificial, business, employees, human, industries, intelligence, process, robots, rpa, rpas, work

Join the Robotics & Automation News community

Reader Interactions

You must log in to post a comment.

Primary Sidebar

Latest articles

  • Continental to unveil new autonomous mobile robots for first time at LogiMAT
  • GreyOrange raises $110 million for ‘growth financing’
  • Ally Robotics aims to raise $8.5 million to bring automation to the restaurant industry
  • ABB launches new robotic depalletizer to ‘reduce complexity and improve efficiency’
  • Switzerland’s largest trade fair celebrates its 20th anniversary with a promising edition
  • Seegrid launches online knowledge base for its autonomous mobile robots
  • Hydroplane highlights its hydrogen fuel cell powerplant development
  • How does Intralogistics support warehouse processes?
  • Einride unveils expanded product offerings for its autonomous trucks
  • Halodi selects Immervision to give ‘human-like’ vision to its humanoid robots

Most Read

  • Track your lost Android
    Track your lost Android
  • Top 20 electric vehicle charging station companies
    Top 20 electric vehicle charging station companies
  • Difference Between Three-Phase and Single-Phase Power
    Difference Between Three-Phase and Single-Phase Power
  • Top 20 programmable logic controller manufacturers
    Top 20 programmable logic controller manufacturers
  • The Best Mechanical Engineering Design Software in 2022
    The Best Mechanical Engineering Design Software in 2022
  • Scientists have found more water in space than they ever knew possible
    Scientists have found more water in space than they ever knew possible
  • Top 25 vertical farming companies
    Top 25 vertical farming companies
  • What You Need to Know About Fixing an Engine Misfire
    What You Need to Know About Fixing an Engine Misfire
  • Top 10 graphics processing unit manufacturers: Nvidia clearly in the lead
    Top 10 graphics processing unit manufacturers: Nvidia clearly in the lead
  • How sensors and actuators are being used to create self-driven vehicles
    How sensors and actuators are being used to create self-driven vehicles

Overused words

abb ai applications automated automation automotive autonomous business china companies company control customers data design development digital electric global industrial industry logistics machine manufacturing market mobile platform process production robot robotic robotics robots safety software solution solutions system systems technologies technology time vehicle vehicles warehouse

Secondary Sidebar

Latest news

  • Continental to unveil new autonomous mobile robots for first time at LogiMAT
  • GreyOrange raises $110 million for ‘growth financing’
  • Ally Robotics aims to raise $8.5 million to bring automation to the restaurant industry
  • ABB launches new robotic depalletizer to ‘reduce complexity and improve efficiency’
  • Switzerland’s largest trade fair celebrates its 20th anniversary with a promising edition
  • Seegrid launches online knowledge base for its autonomous mobile robots
  • Hydroplane highlights its hydrogen fuel cell powerplant development
  • How does Intralogistics support warehouse processes?
  • Einride unveils expanded product offerings for its autonomous trucks
  • Halodi selects Immervision to give ‘human-like’ vision to its humanoid robots

Footer

We are…

Robotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.

Please consider supporting us by becoming a paying subscriber, or through advertising and sponsorships, or by purchasing products and services through our shop – or a combination of all of the above.

Thank you.

Independent

Archivists

March 2022
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Feb   Apr »

Complex

Old-skool

This website and its associated magazine, and weekly newsletter, are all produced by a small team of experienced journalists and media professionals.

If you have any suggestions or comments, feel free to contact us at any of the email addresses on our contact page.

We’d be happy to hear from you, and will always reply as soon as possible.

Future-facing

Free, fair and legal

We support the principles of net neutrality and equal opportunities.

Member of The Internet Defense League

Copyright © 2022 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT