Why are more companies embracing Robotic Process Automation (RPA) ?

According to the Softomotive Medium-sized Business RPA study, Small Medium Companies, globally, are embracing Robotic Processing Automation (RPA) as it guarantees to increase the productivity, accuracy, and timeliness of their business processes and to reduce the operational costs. Adopting process automation has also empowered corporations to expand their business faster, improved customer satisfaction and has relieved employees so they can concentrate on other “value-added” complex and creative activities.

More than 50% have either employed RPA in their business or scaled it across their organization in various parts of the world.

The Future of Work with the Rise of Robotics and Automation

Our 21st c technology-driven world is loaded with both promises and challenges. The self-driving cars, customer service inquiry algorithms, X-ray reading machines demonstrate innovative and compelling guises of automation. But what has sparked much public concern over such innovations is that employing robotics and automation technology will inevitably replace the people executing that particular job.

Nevertheless, the fear of losing jobs isn’t new syndrome. As automation and artificial intelligence technologies are upgrading, people fret that millions of human workers would no longer have jobs - as they did in the 18th c. with the advent of the Industrial Revolution.