Robotic Process Automation (RPA) is known to be the emerging technology of this decade. Previously we have learned about robots but RPA is all about software robots control by artificial intelligence workers.RPA is an important technological innovation from the house of Screen Scraping with the help of which repetitive tasks can be automated.
Here in this article, you will get to know the important facts about Robotic Process Automation (RPA). We will also discuss what impact it will have on society. So that at the end of the article you do not have any doubts. We have tried to cover most of the important aspects of RPA and hope this will be helpful to you.
Understanding the Robotic Process Automation
Robotic Process Automation (RPA) is an emerging technology that is governed by structured inputs and business logic. It is required for the automation of business processes.
There are different kinds of RPA tools found in the market with the help of which software can be configured. Here the software to be configured is nothing but a robot that will automate the repetitive task. Robotic Process Automation is widely used for the transaction process and manipulating data.
Secondly, it has also worked to do by communicating with other digital systems. For example, the work of RPA could be generating an automatic response to an email which will save time for the organization as well as cost.
Also Read: What is Robotic Process Automation (RPA)?
Benefits Of RPA
The first and foremost benefit of RPA is that it helps in reducing the headcount in the organization. If the number of heads in the organization is reduced then the investment will also be less.
As RPA is all about bots, which are typically low cost and implementation is also easy. So, the cost of investment of the company is significantly reduced.
Here are some important facts to know about RPA:
Surpass Human Action: When there is any repeated process with the implementation of different applications and systems, RPA helps to execute those in a better way as a considerable amount of time is saved. It can perform the repeated task of high volume in a short period and can deal with data from one system to another. Tasks like data entry, copying, and pasting can be done by Robotic Process Automation.
Multiple tasks are performed: RPA helps in the operation of multiple tasks across multiple systems. Processing of transactions, manipulation of data, and sending of reports has become much easier with this eminent technology.
Virtual System Integration: The automation system is very effective. As it can transfer data that is shared between disparate and legacy systems when it is connected to the user level and there is no scope of developing new data infrastructure here.
Automatic Report Generation: The extraction of data is automated and it helps the data to provide accurate and effective reports.
Product Management: It helps in the better functioning of its system and product management platforms by automatically updating both of the systems.
Data Migration: Robotic Process Automation offers in the migration of data through the system as it was earlier not possible using traditional mediums. Documents spreadsheets and other related data files can be migrated easily.
Also Read: What are the Differences Between RPA and AI?
How Enterprises Can Supercharge Their Automation Efforts
We already discussed above that RPA is an emerging technology and is yet a breakthrough in the business sector. However, an enterprise that has taken RPA seriously is looking to supercharge its automation while coupling up RPA with cognitive technologies.
Now, this allows the organization to automate a higher-order task that was previously done by humans.
Drawbacks of Robotic Process Automation
In the previous sections, we have got to know the advantages of RPA. Now we will discuss the pitfalls of RPA that it could have in an organization. First of all Robotic Process Automation is not applicable to every enterprise. Moreover, if RPA is implemented then there will be a reduction in the number of jobs.
Secondly, this technology will require the installation of thousands of bots which is complex as well as time-consuming.
Moreover installing thousands of what is not cheap rather is very costly and most organizations might not afford it. Thirdly the introduction of RPA will bring new regulations to the organization which could hamper the back office and will throw off the work for months.
Also Read: BPA vs RPA – What are the Differences?
Robotic Process Automation is one of the promising careers in India. RPA will be a hot topic in the coming days and there will be many career opportunities in this field. So if you are interested in RPA you can pursue your career as there are many institutes that are focused on giving coaching on Robotic Process Automation and placement as well. Roles of RPA developer, RPA process consultant, RPA implementation manager, etc are very much demanding and will increase with time as well.
Talking about the current market scenario people who look to enter into RPA will have good growth in the coming years as well. So, here we discussed the important facts to know about RPA. Moreover along with the benefits of RPA also covered the pitfall of it.