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COVID-19 Raises Prospects for Robotic Process Automation
Reeling from the pandemic response executed by governments all the over world, companies are accelerating their implementation of low-cost automation. That bodes well for UiPath – a leader in robotic process automation (RPA) aiming to go public this year.
The “great lockdown” has had a dramatic and wildly varying effect across industries. Hospitality is enduring a massive blow and retail is barely limping along, whereas manufacturing is soldiering on and finance is perhaps all but unaffected.
What about healthcare?
Healthcare has predictably experienced feverish activity, whereby hospitals have deployed robots that shine sweeping ultraviolet rays onto every nook and cranny to sterilize wards. They have also deployed software bots to decrease the administrative workload on caregivers. Nurses and medics were thus able to spend more time with patients instead of wasting it on menial tasks.
By being more helpful with patients, healthcare givers effectively became even more valuable to society. Automation augmented their ability rather than stifled their potential.
The silver lining of COVID-19 is its catalytic effect on digital transformation. Companies that have been pondering this concept, planning for it or even making some progress toward it, are now putting it front and center.
Ensuring operation resilience has become a top priority for every organization in every industry. Resilience is a byproduct of digital transformation, and RPA is a component of that.
Profitability is a necessary precondition for a successful initial public offering. Therefore, to meet its objective this year, UiPath must show how its product elevates return on human capital, thereby improving net profit margins, and how that has had a positive effect on its own operation.
Want to Know More?AI and the Future of Enterprise Productivity
COVID-19 has forced software companies and their suppliers to refocus efforts around prioritizing systems and workflows that are nearly 100% digital in nature. As a result, Info-Tech has observed the quick emergence of six market themes that are highly relevant after COVID-19. This note series will profile key vendors and how they fit into the post-COVID-19 world.
IBM is changing the terms of its ubiquitous Passport Advantage agreement to remove entitled discounts on over 5,000 on-premises software products, resulting in an immediate price increase for IBM Software & Support (S&S) across its vast customer landscape.
Is it true that everything that can go wrong will go wrong? Don’t bet on it to not.
While Microsoft is not a prominent player in the RPA space now with its Power Automate solution, compared to Blue Prism, UiPath, and Automate Anywhere, its latest acquisition of Softomotive, maker of WinAutomation, demonstrates Microsoft’s dedication to mature and expand its RPA offerings.
Test data management tools offer you the ability to provision, mask, and govern the access and use of your test data, alleviating these manual, laborious and error-prone tasks from your testing, operations, and DBA teams.
When trying to implement Agile as a defined process, Scrum turned BAs or other roles into order takers with the title “product owner.” This undermines the entire value proposition of product management.
Agile systems delivery (implemented through Scrum) is quickly becoming an accepted norm in IT. But using Scrum successfully in an organization requires a deep understanding of how it works and why. For example, many of our members don’t understand the importance of selecting a Product Owner who has three ears.
Thor, the Norse God of Thunder, tells Jane Foster, the woman he’s trying to impress, that on his home world of Asgard, the realm eternal, science and magic are two sides of the same coin. Had Jane been a part of the operations teams at Google (or other mature online service providers), she would have immediately realized we have a similar technology right here on good old Earth. We call the science site reliability engineering (SRE), and service level objectives (SLO) is the magic behind it. SRE is a powerful concept for organizations that are serious about keeping their customers happy. It is therefore important for them to develop well-thought-out SLOs and make certain that management is intellectually equipped to derive valuable business perspectives from them.
Hell hath no fury like a customer not being able to access an online service when they want to. They expect the online services to always be on, always be accessible, and always treat them like there’s no one else in the world who matters more. Thank heavens then for giving these online services the ability to use site reliability engineering (SRE) to keep their customers happy, engaged, and most importantly, feeling valued.