Five worthy reads is a regular column on five noteworthy items we‚Äôve discovered while researching trending and timeless topics. In this edition, we‚Äôll learn what hyperautomation is all about, why it is a growing trend, and much more.
Digital transformation has been accelerating at a pace so fast that organizations all over the globe are making frantic changes to their infrastructures to keep up. With the world moving towards smart workplaces, hyperautomation is the latest trend to hit the market.
Just as various age-old processes have been pushed aside, the time has come to move away from cumbersome manual processes and towards automated ones that provide leeway for organizations to adjust quickly to changing business conditions. Automation is not something new, but you might be wondering what hyperautomation is.
To put it simply, hyperautomation is layered automation. It adds more layers of advanced technology to automation through the use of AI, ML, and robotic process automation. Using such advanced tools helps organizations identify onerous processes and find ways to automate them.
Let’s break hyperautomation down for you in layman’s terms. Hyperautomation is like the latest smartphone. We know that smartphones have made our lives much easier and that there is no going back from them. Similarly, hyperautomation could¬†increase the standard of the work ecosystem so much that you wouldn’t want to take a step down from it once you got used to it.
Within organizations, hyperautomation guarantees transparency for interdepartmental projects. For example, it can show who is assigned to a help desk ticket, what caused the defect, and how to solve it. It automates end-to-end processes by digitizing them and removing manual interactions between departments. Thus, the time has come for robotic process automation to incorporate AI and ML through hyperautomation.¬†This will help employees work on¬†more meaningful tasks and get more done as the focus is on time¬†to¬†value¬†rather than¬†time¬†to¬†market.
Here are a few quick reads to help you understand hyperautomation without getting lost in the jargon.
Hyperautomation might be considered a potential threat to employees given that it reduces a lot of redundant manual work. Still, organizations should consider the plethora of opportunities it opens up that could elevate the work standard for employees. Organizations must understand that hyperautomation merges technologically advanced tools to create an environment that allows¬†employees to use the best approach to solve problems.
Adopting hyperautomation, one of the hottest disruptive technology trends, might be one of the best choices for consultants because it uses a low-code approach to build applications rapidly, giving organizations ample time to address concerns.
Organizations have been slowly realizing that hyperautomation can be used for more than just operational efficiency.¬†It drives digital transformation by using intelligent process automation (IPA), which¬†is a collection of advanced technologies that automate, optimize, and integrate digital processes to make systems more efficient. IPA solutions¬†open up a world of automation possibilities for even the most complex businesses.
Organizations are shifting from using a loosely connected set of automation technologies to using a combination of more tightly knit tools, thus revolutionizing ITOps. There are a lot of benefits to using hyperautomation in ITOps, including¬†a reduction in the overall cost from applying automation and intelligence to current processes.
Hyperautomation is rated as one of the highest priorities any CFO should have¬†because it reduces operational costs and increases efficiency. According to Gartner, operational costs will decrease by 30% in the future with the help of hyperautomation.
Hyperautomation combines advanced technologies to add more value to organizations aiming for business process innovation and more opportunities. In fact, it is rapidly shifting from an option to a condition of survival, thereby forcing organizations to adapt to the changing landscape.¬†Considering the pandemic,¬†hyperautomation could play a¬†crucial¬†role in reducing business risks. With these significant advantages, hyperautomation is considered the next breakthrough¬†in¬†providing¬†organizations with increased efficiency, functionality, and growth.