Everything you need to know about Robotic Process Automation
The robotic process automation market has nearly touched the $2 billion mark by the end of 2018 (Statistic). Robots are being employed at different levels in various industries to augment their business capabilities and enjoy high-profit margins on low investments. Robotic process automation services have become real game changers when it comes to enhancing the performance of business activities at a considerably lower cost than humans.
However, with this technological advancement, the human workforce is becoming increasingly aware of the threats that it might possess to their jobs. One of the major benefits of robotic process automation is that it is drastically more efficient than humans, reduces the time & maximizes the accuracy in tasks. Employees consider this as a threat because it has displayed all the potential to replace their jobs.
Certainly not. In fact, advocates of RPA believe that deploying robots in the organizational structure and integrating them with the workforce will multiply the business performance. The result will be more time for employees & workforce to focus on productive, creative & decision-making that can be carried out with ease.
Even though there are several takes on the evolution of robotic process automation technology, the truth is that it is here to stay. Instead of getting scared of this technology, employees must integrate their current work with it and explore the possibilities that RPA offers for more productive work. What RPA offers is freedom from mindless activities that only consumed time & money and can provide employees with a sense of fulfillment in their work as they focus on more creative & meaningful work.