Robotic Process Automation
Robotic process automation is a promising type of business procedure automation technology. This has been evolving on the basis of the idea related to software robots or artificial intelligence workers. One human is able to work efficiently for almost 8 hours on an average basis, wherein a robot can be productive for 24 hours. On the basis of a study, a human can be 60% productive without any errors (average data), for a robot this comes to 100%. Also, robots can manage multiple tasks efficiently in comparison with a human.
RPA at a Glance
Many of the processes can be automated easily. Costs can be brought down significantly owing to RPA’s contribution in managing repetitive task with time saving & efficiency. To configure a robot one may not require programming skills. Hence, even a non-technical person can set-up a robot for an automated process. Robotic process automation can manage all regular compliance procedures, that too with error-free auditing.
The robotic software is able to quickly model & implement the automation process. All the defects can be tracked for every case story and the related sprint. RPA can be useful in an effective & seamless build of any process. RPA also can provide real-time visibility in bug/defect discovery. Here, the time to train a human can also be eliminated from the process. The software robots can grant huge scalability.
Along with the numerous benefits, some disadvantages are also associated with the use of RPA.
- The speed of the robot is limited to the speed of the application
- Every small alteration needs the entire robot to be reconfigured
- Adverse impact on the human resource & society where it can replace human for any process & reduces employment
- The replacement of tasks by robots can vanish some of the skills from the humans
- While performing the tasks robots cannot use subjective judgment to improvise & innovate
Future of RPA
The next generation robotic process automation is known as 2.0. Also, it is referred to as unassisted RPA. The advancements in technology are making it easier for all businesses to take advantage of artificial intelligence. Here the main benefit is they are not required to deploy a massive amount of budget. The unassisted RPA offers a gamut of benefits. The use of unassisted RPA can be done from a computer which needs some inputs from a user. RPA can help this user to do other work while just supervising the RPA function.
Robotics process automation helps the businesses to automate any task being performed by a human in the process chain. The central objective of robotic process automation is to replace repetitive and tedious clerical work performed by humans. This virtual workforce can be of great help to the human race.
However, economies are required to look into the unemployment factor before the implementation of robotic automation on the ground. Several industries like healthcare, manufacturing, insurance, banking & IT can be benefited from the effective use of Robotic Process automation.