Category: 5. Robotic Process Automation
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Conclusion
As seen with the Microsoft case study, RPA can lead to major savings. But there still needs to be diligent planning, so as to understand your processes. For the most part, the focus should be on tasks that are manual and repetitive—not those that rely heavily on judgment. Next, it is important to setup a…
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RPA in the Real World
To get a better sense of how RPA works and to understand the benefits, here’s a look at a case study of Microsoft.12 Every year, the company pays billions of dollars in royalties to game developers, partners, and content creators. Yet the process was mostly manual, involving the sending of thousands of statements—and yes, this was a big…
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Pros and Cons of RPA
Of course, quite a bit of time for a typical employee—in the back office—is spent on routine tasks. But with RPA, companies can often get a strong ROI (Return on Investment)—so long as the implementation is done right. Here are some other advantages: While all this is great, RPA still has its drawbacks. For example, if you have…
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What Is RPA?
The term Robotic Process Automation can be a bit confusing. The word “robotic” does not mean physical robots (we’ll cover these in Chapter 7); rather, it is about software-based robots or bots. RPA allows you to use low-code visual drag-and-drop systems to automate the workflow of a process. Some examples include the following: This is all done by…
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An Easier Path to AI
By interacting with applications just as a human would, software robots can open email attachments, complete e-forms, record and re-key data, and perform other tasks that mimic human action. —Kaushik Iyengar, director of Digital Transformation and Optimization at AT&T1 Back in 2005, Daniel Dines and Marius Tirca founded UiPath, which was located in Bucharest, Romania. The…