Leading Edge Blog



RPA - the Key to Digital Transformation

Roland Imoberdorf - 31.10.2019


Robotic Process Automation


An increasing number of companies of all sizes rely on robotic process automation (RPA) for the automation of human activities that are manual, repetitive, and rule-based.

 

Social and economic consequences of process automation combined with the use of AI are enormous. Digital tools are revolutionizing the way companies work, serve their customers, and manage their data. They eliminate monotonous and low-value activities (such as manual data entry), deliver complete, accurate, and consistent results, and help to make the tasks at hand faster, more efficient, and more cost-effective. This, of course, has consequences for the labor market. McKinsey & Co. predicts that millions of jobs will shift globally in the next 20 years: "Our scenarios suggest that 3 to 14 percent of all employees worldwide will have to change professions in ten years' time." This change will hopefully be made easier for those affected, because the digitalization of society promises new industries and millions of new jobs. 

 

RPA offers almost unlimited application possibilities

Robotic process automation tools are no substitute for the business applications used in the enterprise. They automate the manual tasks of human employees, using essentially the same screens your employees view, fill in, or update today. Data is transferred from one system to another. One of the technologies used is screen scraping. RPA is able to read the screen input and learn from people into which fields data has to be stored. RPA does not require expensive interfaces to be programmed; it enables a high degree of automation, and opens up practically unlimited application possibilities.

 

Increased speed and efficiency

Even before RPA became a buzzword, a survey[1] conducted by Dutch software specialist Redwood showed that 83 percent of IT decision-makers consider automation involving robots to be the key to their digital transformation strategy. The most important benefits of such automation are speed, efficiency, and cost. This is why so many companies are spending money to automate repetitive tasks. Meanwhile, there are many tools available to take this step toward automation.[2] Those willing to invest 35 minutes to learn some basic knowledge about RPA can do so on YouTube, where edureka offers a short course[3] on the subject and specifically demonstrates how to use the RPA tool UiPath.

 

In most cases, RPA pays for itself after just a few weeks.

UMB partners with UiPath[4] – the global RPA leader. At UMB, RPA starts with a PoC (Proof of Concept) to demonstrate the practical potential in your company and to transparently show whether using it is worthwhile for your company. To do this, three to five working days are required. In most cases, RPA will bring a return on investment after just a few weeks. 

Contact us if you want to take the next automation step in your company.