<img alt="dcsimg" id="dcsimg" width="1" height="1" src="//www.qsstats.com/dcsuuvfw300000gkyg9tnx0uc_3f7v/njs.gif?dcsuri=/index.php/it-management/innovation/slideshows/why-it-is-prioritizing-robotic-process-automation.html&amp;WT.js=No&amp;WT.tv=10.4.1&amp;dcssip=www.cioinsight.com&amp;WT.qs_dlk=XBKKqp2PGQzcXy4p51224gAAAAk&amp;">
 
 
 
 
 
 

Why IT Is Prioritizing Robotic Process Automation

 
 
By Dennis McCafferty  |  Posted 12-20-2017
 
 
 
 
 
 
 
 
 
  • Previous
    Why IT Is Prioritizing Robotic Process Automation
    Next

    Why IT Is Prioritizing Robotic Process Automation

    As they pursue digital transformations, companies expect to save on costs while increasing agility via investments in robotic automation solutions.
  • Previous
    Highly Involved
    Next

    Highly Involved

    96% of survey respondents consider robotic process automation (RPA) as an important part of their company's IT strategy, and 83% said it's a key component of their organization's digital transformation efforts.
  • Previous
    Lean and Limber
    Next

    Lean and Limber

    59% said RPA will result in cost savings as they pursue digital transformation initiatives, and 54% said it will increase agility.
  • Previous
    Growing Presence
    Next

    Growing Presence

    70% said RPA has become "more of a priority" within the past year.
  • Previous
    Machine Makeover, Part I
    Next

    Machine Makeover, Part I

    82% said their organization is using RPA to automate business processes, and 78% said their company is implementing robotic automation tools in IT.
  • Previous
    Machine Makeover, Part II
    Next

    Machine Makeover, Part II

    On average, survey respondents believe that nearly three of every five of their company's business processes can be automated using RPA.
  • Previous
    Tech-Driven
    Next

    Tech-Driven

    74% said their CIO, CTO or IT department is initiating RPA.
  • Previous
    Executive Buy-In
    Next

    Executive Buy-In

    66% believe their company's management understands opportunities presented by robotics at least "very much," with 27% indicating that their management views these opportunities as "essential."
  • Previous
    Up to the Task
    Next

    Up to the Task

    84% believe that RPA tools are scalable, and 39% feel they are "highly" scalable.
  • Previous
    Top RPA Drivers
    Next

    Top RPA Drivers

    Faster processes: 85%, Reduction of manual efforts: 58%, Greater accuracy: 57%, Improved compliance: 51%, Better standardization and consistency: 46%
  • Previous
    Top Concerns About RPA
    Next

    Top Concerns About RPA

    Security: 32%, Cost: 22%, Ongoing robot development, maintenance and error handling: 15%
 

Nearly all CIOs and other IT decision-makers consider robotic process automation (RPA) as a crucial part of their company's IT strategy, according to a survey from Redwood Software. The resulting report, "The 2017 Robotics Pulse Check," indicates that RPA has emerged as a growing priority over the last year, given its potential to save on costs while increasing organizational agility by automating business and IT processes. The majority of business processes, in fact, can be automated via RPA, findings reveal. Other benefits include greater task-focused accuracy, improved compliance and better standardization and consistency. "Companies are rapidly unlocking the potential of robotics and automation, and transforming their entire businesses in the process,” said Dennis Walsh, president of Americas and Asia-Pacific at Redwood Software. "The acceleration of this adoption in recent years means that the majority of the repetitive tasks that make up the back office could soon be performed by software robots. That means less mundane work, more strategic thinking and ever greater prominence for the IT department. The IT department has the most holistic view on the impact that automation can have on a business, so it is natural that they lead the implementation of automation." More than 500 IT decision-makers in the U.S. and the UK took part in the research, which was conducted by Sapio Research. For more about the survey, click here

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

Submit a Comment

Loading Comments...
 
eWeek eWeek

Have the latest technology news and resources emailed to you everyday.