Why IT Is Prioritizing Robotic Process Automation
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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. -
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. -
Lean and Limber
59% said RPA will result in cost savings as they pursue digital transformation initiatives, and 54% said it will increase agility. -
Growing Presence
70% said RPA has become "more of a priority" within the past year. -
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. -
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. -
Tech-Driven
74% said their CIO, CTO or IT department is initiating RPA. -
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." -
Up to the Task
84% believe that RPA tools are scalable, and 39% feel they are "highly" scalable. -
Top RPA Drivers
Faster processes: 85%, Reduction of manual efforts: 58%, Greater accuracy: 57%, Improved compliance: 51%, Better standardization and consistency: 46% -
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
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