Intelligent Automation Trends for 2021

Intelligent Automation Trends for 2021

2020 has been a time of accelerated adoption of Intelligent Automation. A new study by the World Economic Forum found that over 80% of business executives are speeding up their plans to digitize work measures and deploy new technologies. About 50% of the employers hope to speed up the automation of specific roles in their organizations.

This comes at a time when Intelligent Automation industries are by themselves developing. Vendors like Microsoft have quite recently entered the market, and leading merchants have extended abilities to incorporate document processing, machine Learning integration, and low-code application development.

As a result, business organizations that have been holding back are probably going to begin their automation journey this year. So then, what does 2021 have in store for Intelligent Automation? Here are a few key trends that can help your organization in leveraging Intelligent Automation.

Zeroing in on the total value

Instead of purely focusing on reserve funds, organizations should take a gander at their activities to figure out which processes need to be prioritized for automation. While driving efficiencies is still an essential driver, the need for resilience and risk reduction are progressively imperative.

Addressing long-tail automation

Historically, every business organization has a long tail of digital processes that have not been considered for automation. This was mainly due to low effort reduction estimates and high automation costs. With the recent accessibility of low-code automation development and reduced operating costs, these processes will get ready for automation.

Legacy reduction via automation

Thanks to the recent introduction of low-code app development, companies are provided a cost-effective and rapid choice to replace legacy systems and processes where otherwise wouldn’t be possible because APIs are either not available or not sufficient. 

Move to the Cloud

The coronavirus pandemic has led to making remote work possible. Reinforcing work-from-home or remote working increases the value of scalable cloud services. This, combined with automation vendors, can shift towards cloud-centric automation platforms, which increases the chances of making on-premise automation to the cloud. It gives the ultimate benefits — reduced cost, reduced time to automate, and increase in scalability.

Setting Automation Targets

In 2020, numerous organizations perceived the significance of automation in conveying operational savings, overseeing demand changes, and improving versatility. While process automation has been opportunistic and quite reactive, the pattern in 2021 will be towards levels of automation. 

The global workforce is embracing automation quicker than anticipated and Intelligent Automation is rapidly shifting its utility from a nice-to-have technology to a serious business imperative. With that, 2021 will be the year that business organizations embrace what’s possible with automation and drive tangible results.

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