Robotics & Automation News

Market trends and business perspectives

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Data and RPA – How Robotics is Changing Data Analytics

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There are many things out there that go into helping a business succeed. Great employees, cutting edge technology, good customer service and marketing can all take businesses to the next level.

However, something that might be even more important to companies than any of those is data.

Data plays a very large role in a variety of companies for a variety of reasons. It helps make decisions, identify trends and many other things beneficial to a business. [Read more…] about Data and RPA – How Robotics is Changing Data Analytics

Dos and Don’ts of Robotic Process Automation in Your Business Enterprise

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Enterprises often have incompatible legacy applications that have to be manually interfaced. This involves repetitive processes that reduce the productivity of their employees.

Major replacement of these legacy apps is undesirable due to the costs and the time required for the overhaul. This is where Robotic Process Automation (RPA) fits perfectly.

According to Gartner, RPA revenue for the year 2018 reached $846 million in 2018, up by 63 percent from the previous year. In 2019, this number is expected to reach $1.3 billion. [Read more…] about Dos and Don’ts of Robotic Process Automation in Your Business Enterprise

Robotic Process Automation: How ‘software robots’ are finding their niche

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A simple introduction to a complex subject

At Robotics and Automation News, we like real robots, ones that you can see and touch, that are preferably made of metal. However, we might have been remiss in not talking about another kind, the “software robot” that sits inside your computer, watches what you are doing, and learns how to do it for you.

Software developers automate tasks by analysing them in detail, and writing programmes that carry out the task step by step, and then writing something called an Application Programming Interface (API) to link the task into an organisation’s computer system.

The drawbacks here are the usual – some tasks don’t justify the cost of designing a special software system, yet nonetheless many hours of laborious manual inputting needs doing. It is here that Robotic Process Automation (RPA) and software robots are coming into their own.  [Read more…] about Robotic Process Automation: How ‘software robots’ are finding their niche

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

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Special offer for Robotics and Automation News readers: Use discount code VIP_RANEWS to get 20 per cent off

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.  [Read more…] about Robotic process automation and artificial intelligence will ‘drastically transform modern workplace’, says IQPC

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.”  [Read more…] about Robotic process automation can drive billion-dollar savings in healthcare, says Alsbridge

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

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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.  [Read more…] about The growing power of robots in today’s economy and society

50 ways to love your robot – by Genfour boss

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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.  [Read more…] about 50 ways to love your robot – by Genfour boss

In robots we trust, says Genfour

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robot woman

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.  [Read more…] about In robots we trust, says Genfour

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

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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. [Read more…] about ‘2016 is the year of the robot’, says Institute for Robotic Process Automation