Definition
Hyperautomation is an advanced automation approach that integrates AI, machine learning, RPA (Robotic Process Automation), and BPM to automate complex business processes at scale.
Hyperautomation is an advanced automation approach that integrates AI, machine learning, RPA (Robotic Process Automation), and BPM to automate complex business processes at scale.
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Gartner expects that by 2024, enterprises will have adopted at least three of the 20 process-agonistic categories of software that enable hyperautomation.Hyperautomation is definitely an industrial revolution that creates a flexible automation ecosystem that is more efficient, agile, and intelligent. Hyperautomation = Automation + Intelligence +Integration + Digitized Optimization. In hyperautomation, the AI models are (trained and improved with the data) built into the digital system to automate (or even find the processes to be automated) and analyze the furthermore efficient ways /create bots to automate business processes. Training the AI models with operational data allows hyper-automation business environments to anticipate and react to the business ad-hocs. This systematic and strategic approach allows for greater precision and accuracy to vamp up their decisive power in real time.
Gartner predicts that merging hyperautomation technology with improved operational procedures would reduce operational expenses by 30% by 2024.With hyperautomation, businesses can automate tasks across multiple departments and functions, including finance, HR, operations, and customer service, among others. By automating these tasks, businesses can reduce errors, increase speed, and improve productivity, resulting in cost savings and improved customer satisfaction. The multitude of such benefits along with multiple technologies- embracing hyperautomation is a chance to become a digital-first business to thrive in this competitive landscape.
“The main drivers of hyperautomation are better efficiency (58%), faster delivery speed (54%), and enhanced customer/user experience (46%)” -Mulesoft survey.Hyperautomation is important for businesses for several reasons. These numbers show the strong and growing adoption of hyper-automation and how it is becoming an increasingly important strategic priority for businesses. Let us discuss a few of its benefits around efficiency, speed working, costs, and the customer experience to drive digital excellence.
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