Is RPA important or is this all hype?

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Technology based innovation is transforming the world around us at a rapid pace. Digital technologies are adding the much-needed impetus to the Fourth Industrial Revolution by making the overall transactions more seamless, automated, productive, and efficient.

All businesses need to be mindful of this new-found agility and efficacy in order to navigate through today’s competitive market.

Leveraging these cutting-edge technologies in ways in which business profitability is enhanced, will be vital to sustain in the Age of Digital Transformation.

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RPA Tools Research Digest

[Brief Paper] Ironies of Automation

This paper discusses the ways in which automation of industrial processes may expand rather than eliminate problems with the human operator.

Some comments will be made on methods of alleviating these problems within the “classic” approach of leaving the operator with responsibility for abnormal conditions, and on the potential for continued use of the human operator for on-line decision-making within human-computer collaboration.

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The Reskilling Toolkit

The Reskilling Toolkit contains information, guidance, tips, and resources on how to reskill and/or upskill employees impacted by major workforce changes, such as automation.

The toolkit aligns to the Human Capital Framework (HCF), which guides agencies through the four different systems of the human capital management life cycle.

Continuous reskilling and upskilling contributes to fostering a culture of continuous learning.

By actively managing the workforce and developing agile operations, agencies better position themselves for effective and efficient achievement of their mission and goals.

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[RESEARCH] Small Cities Face Greater Impact From Automation

Cities, which accommodate over half of the world’s population, are modern society’s hubs for economic productivity and innovation. As job migration is the leading factor in urbanization, policymakers are increasingly concerned about the impact of artificial intelligence and automation on employment in cities. In a world struggling between localism and globalism, a question emerges:

How Will Different Cities Cope With Automation?

Answering this question has implications on everything from urban migration to investment, and from social welfare policy to educational initiatives.

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Simple to Intelligent Automation | PwC

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Making Change: Learning From Major Bank Transformation Projects

The ownership and use of new technologies, processes and robots is likely to make businesses richer and more powerful.

For a fairer society it is important that we consider ownership models of technologies whilst being cautious not to stifle innovation.

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[Whitepaper] Banking on the Future

Leading up to 2020, radically transformed Bank models will emerge.

A glimpse ahead shows an emphasis on innovative technologies to vastly facilitate banking - inclusive banking through new types of Bank models, non-traditional alliances to make banking affordable, Fintech capabilities to make banking customer centric.

Banking in the future will be collaborative, exciting and will raise the bar in setting new standards

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RPA Tools Nuzzel Newsletter

Robotic Process Automation Trends in 2020

The role of Robotic Process Automation (RPA) is evolving continuously at a faster pace. Enterprises and providers need to work towards scaling and move beyond the ‘islands of BOTs’ scattered across organizations.

RPA as a technology has proven itself across a widespread enterprise base ranging from pilots to full deployment.

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RPA Tools Weekly Refind

RPA Tools Weekly Refind

Here’s a roundup of Robotic Process Automation (RPA) articles that caught our attention this past week…

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Do not automate anything!

Are you seriously considering RPA?

By now many executives have heard the term Robotic Process Automation (RPA). Although sometimes misinterpreted due to the absence of robots, RPA software is a powerful tool to perform manual, time-consuming, rules-based office tasks more efficiently by reducing cycle time and at lower costs than other automation solutions.

RPA Tools estimates that 45% of work activities can be automated, and that this automation would save $2 trillion in global workforce costs.

Organize your Future with Robotic Process Automation

Organize your Future with Robotic Process Automation

The impact of Robotic Process Automation on a company’s operations and competitive positioning is significant on a number of fronts: economic value, workforce advantages, quality and control improvements, and flexible execution.

RPA can help companies organize themselves for the future. It is a foundation for machine learning, artificial intelligence and a more autonomic enterprise.

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5 Steps to Digital Transformation in the Financial Industry | RPA Tools

5 Steps to Digital Transformation in the Financial Industry | RPA Tools

[WHITEPAPER] Automation and the Future of Work

[WHITEPAPER] Automation and the Future of Work

Education and lifelong learning will be crucial to allow workers to retrain in areas where jobs will likely be creates in the years to come, and where tasks are at low risk of automation.

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[Case Study] Kraft Foods Becomes 80 Percent Automated

[Case Study] Kraft Foods Becomes 80 Percent Automated

Goal: Kraft wanted to increase the automated test coverage of its core business processes from 50% to 80% to improve its defect detection rate and reduce test cycle time and effort.

Outcome: Decreased the number of defects in production, achieved the goal of 80% automation, and significantly reduced the time and effort spent on manual script development, testing, and maintenance.

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Automation can transform your business | RPA Tools

Automation can transform your business | RPA Tools

Top 10 guide to Manufacturing Automation and Robotics

Top 10 guide to Manufacturing Automation and Robotics

Low cost Robotics could enable Small Businesses to Automate. Automation is expensive. But what if a low cost solution, that is quick to construct and implement into the production line could be utilized? This would enable many small businesses to take the next Industry 4.0 step.

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Solving the RPA Human Capital Puzzle in Financial Services

Solving the RPA Human Capital Puzzle in Financial Services

Many financial institutions are investing to deploy robotic and intelligent process automation (RPA/IPA), and we think they’re right to do so. But few are devoting the same kind of energy to address the people issues that arise when bringing this new technology on board. Getting this wrong can add risk, increase costs, and hurt your firm’s reputation. We’ve identified six steps that firms can take to manage the change and reap the full benefits of RPA.

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The CFO Led Digital Transformation Agenda

The CFO Led Digital Transformation Agenda

Research shows that leading CFOs play a dual role in the digital transformations taking place in their companies. The first is to transform the finance function itself and the second is to drive the agenda across the company to ensure everything is tied to enhancing shareholder value.

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Other Links You Might Like:

RPA Tools Nuzzel: Tuesday, November 12th
Buy RPA Tools a cup of coffee
Robotic Process Automation Premium Curation Refind Collection
RPA Tools Research Center
RPA Tools Digest

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RPA + AI = ?

Who do people trust more? Robots or humans?

RPA Tools: Blog Post #18

RPA Tools attracts the highest concentration of RPA enthusiasts and business technology executives with unparalleled peer insight and expertise on automation, efficiency, and culture.

Our readers gain key insights on self-awareness and confidence.

The Automation Imperative

The Automation Imperative

Organizations that are successfully deploying automation technologies should also look to expand the governance of and buy-in on automation. They can benefit from encouraging a truly enterprise-wide program and pursuing more advanced cognitive automation technologies. Structuring automation programs to be technology neutral will allow organizations to keep pace with the rapid advances being made, rather than rethinking their approach every time they adopt a new technology.

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2019 RPA Survey | HelpSystems

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Making Work Human: 5 Challenges

Making Work Human: 5 Challenges

When properly implemented, RPA has resulted in “both significantly better ROI and operational efficiencies, but also marked improvement in strategic areas such as customer experience.

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Get Ready for Robots

Get Ready for Robots

Why Planning Makes the Difference Between Failure and Success. Software Robotics, or Robotic Process Automation (RPA) promises to transform the cost, efficiency and quality of executing many of the back office and customer- facing processes that businesses rely on people to perform.

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A Comprehensive Guide on RPA

A Comprehensive Guide on RPA

Many organizations are just beginning to explore the use of robotic process automation. As they do so, they would benefit from taking a strategic perspective. Bots can do much more than automate routine process steps. RPA can be a pillar of efforts to digitize businesses and to tap into the power of cognitive technologies.

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3 New Ways to Work in an Era of Disruption

3 New Ways to Work in an Era of Disruption

Gen Z is the largest generation in global history. These young people are quite different from millennials—with a stronger work ethic and a more entrepreneurial spirit. For starters, 77% of Gen Z, who are between 14 and 21 years old, currently earn their own money through RPA work, a part-time job, or earned allowance. Twenty-four percent of Gen Zs plan to pay for college with personal savings, and 12% are already saving for retirement.

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The Impact of RPA on Employee Experience

The Impact of RPA on Employee Experience

Employee experience takes center stage as RPA marches on across organizations. Across the eight interviews we conducted, we heard a consistent theme: employee experience is a top priority — and the introduction of RPA has been both a boon and, in some cases, a potential bane to the workforce. In our survey, 66% said RPA restructures existing work, enabling employees to have more human interactions, and 60% said RPA helps employees focus on more meaningful, strategic tasks. However, poorly managed RPA efforts will exacerbate existing fears in the workforce, spreading discontent and dissatisfaction, which will ultimately hit the bottom line. With RPA adoption accelerating, firms must take a broader view of automation efforts, keeping employees at the core as much as customers.

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If you want more research...

An RPA Newsletter - Contrarian and Optimistic

RPA Tools attracts the highest concentration of RPA enthusiasts and business technology executives with unparalleled peer insight and expertise on automation, efficiency, and culture. Our readers gain key insights on self-awareness and confidence.

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RPA Tools attracts the highest concentration of RPA enthusiasts and business technology executives with unparalleled peer insight and expertise on automation, efficiency, and culture. Our readers gain key insights on self-awareness and confidence.

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