The Automation Market Is More Than 10 Years Old
The Automation market landscape has changed massively over the past 10 years – here how❗
Robotic Process Automation (#RPA) and Intelligent Automation (#IA) have changed and are changing the way businesses operate.
RPA and IA enable businesses to automate repetitive tasks, to increase business efficiency, dramatically reduce their operational costs at an unheralded pace.
Businesses no longer need to be confided to deciding between time, cost or quality – automation allows them to have all 3 benefits at the same time.
However, many businesses struggle to implement RPA / IA due to the cost and complexity of building and maintaining the necessary infrastructure.
This is where Automation as a Service (#AaaS) comes in, offering a cloud-based solution that allows businesses to access the benefits of automation without the hassle, and cost, of managing it themselves.
AaaS offers significant benefits to businesses, including economic, speed, cost, people, and opportunity benefits. By automating repetitive tasks, businesses can increase their productivity, reduce their labour costs, and operate more efficiently.
Businesses that adopt AaaS can adapt, evolve, and thrive using such an automation platform if they carefully consider the potential benefits and challenges and develop an effective deployment strategy.
Here are some examples of businesses that have successfully implemented AaaS:
🏧 Bank of America: Bank of America uses AaaS to automate a variety of tasks, including processing loan applications, managing customer accounts, and reconciling financial statements. RPA has helped Bank of America save time and money, and it has also improved the accuracy of its processes.
🍼 Coca-Cola: Coca-Cola uses AaaS to automate a variety of tasks, including order processing, inventory management, and quality control. Automation has helped Coca-Cola improve its efficiency and reduce costs.
👩⚕️ GE Healthcare: GE Healthcare uses AaaS to automate a variety of tasks, including patient data entry, medical record management, and billing. Automation has helped GE Healthcare improve the accuracy and timeliness of its processes.
If you’re looking for a way to improve your business, AaaS is a great option to consider and IAC.ai would love to show you our solution, risk free. We will examine your processes for free using our advanced AI process discovery solutions and build a business case that will excite and delight you.
0:00 Introduction
1:38 Has Automation become boring?
2:23 Should all automation providers only offer Outcome Based or Gain Share contracts?
3:54 How do companies combine internal COEs and external automation vendors?
5:33 Are vendors missing a trick not offering Automation as a Service platforms?
7:33 Advice to companies starting their automation journeys.
8:27 Biggest lesson learned over the past 10 years.
End.
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