Uipath - The Future of Automation

It is estimated that automation industries will generate billions of dollars by the year 2025. It will generate many job opportunities and more than half of the companies worldwide will have introduced automation in their business processes one way or the other.
Automation helps to increase the productivity as robots will be able to do more tasks which are done by humans. Thus, automation have the potential to increase the economic growth as it contributes more and more in transforming the business processes.
Automation along with AI and machine learning will bring a revolution in the processes of different domains of business in terms of how it is analyzed, designed and implemented. Automation boundaries will get stretched when machine learning abilities and artificial intelligence will work smartly with the automation.
Adoption of new automation technology is more important than ever before. The benefits of implementing this type of tool in organizations are many: achieving greater productivity in different processes, reducing the chances of human error, Automating the repetitive and mundane tasks will allow company’s resources to focus more on challenging and exciting things.
For some products, the ROI is usually dependent on how much faster a machine or system can do the job for the company which saves time, money, and increases capacity for more products. Automation can help achieve better ROI in such cases.
Machines will be able to carry out more of the tasks done by humans, complement the work that humans do, and even perform some tasks that goes beyond human capabilities. So, automation will diminish some current jobs, but it will also raise new jobs.
Workforce across the globe will need to learn new skills and technology to cope with the increasingly capable software alongside them in the workplace.
Automation holds promising future where everything will be made accessible and easily available.

Advantages of UiPath RPA

1. Time Efficiency :-

RPA bots are faster than humans. These bots work 24/7 for 365 days. This increases the productivity of an organization. The time require for certain operations that have to be performed by the bot can be calculated which makes the RPA a lot more time-efficient option for the businesses.

2. High Accuracy :-

Computers have very few chances of making errors in the process as compared to humans. The bots do exactly what is coded in it and cannot add or forget any step of the process. For repetitive tasks where the input has to be taken from any digital source and the input data is in structured format very high accuracy with time efficiency can be achieved with RPA.

3. Scalability :-

The workforce can be increased or decreased quickly. In most businesses, the workload varies sometimes and more workforce is required instantly for a time period, in this case, more robots can be deployed quickly. And all of them will work with the same consistency and speed.

Disadvantages of RPA

1. No Creativity :-

Bots can only do what is programmed in it. They do not have any innovative thinking or Creativity. Due to this robots can do a lot of work but cannot replace humans completely. Exceptions and cases need to be handled at the time of development or if any different case comes in the process which for which the bot is not programmed then the bot cannot think by itself and the system might get stopped.

2. Process selection :-

RPA has a limitation and not all processes can be automated the best is to choose the repetitive processes which are rules-based. The processes which require human judgments and a lot of human interactions are difficult to automate. Every project has to be checked how much of the process comes under the scope of RPA.

3. Regular maintenance :-

Sometimes there are many changes occur in the environment of the process. For these changes, the robots require monitoring and reconfiguring. Whenever the applications involved in the process which is automated get updated or any change the robots also need to be reconfigured or redesigned.

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