Studies show the global Robotic Process Automation market will touch $3.97 billion by 2025. The CAGR will be around 31%, along with 80 million jobs deemed the perfect fit for…Continue
Added by Shardul Bhatt on February 17, 2021 at 8:30pm — No Comments
“Robotic process automation is not a physical [or] mechanical robot,” says Chris Huff, chief strategy officer at Kofax. In fact, there is no presence or involvement of any robots in the automation software, as its name says.
RPA or Robotic Process Automation is an amalgamation of three factors:
Added by Amit Dua on November 27, 2020 at 1:21am — No Comments
Summary: Let’s start by clarifying the difference between RPA (Robotic Process Automation) and IA (Intelligent Automation). Then we’ll show why AI/ML inside Intelligent Automation is the secret sauce that really makes this work.
Added by William Vorhies on November 18, 2020 at 9:00am — No Comments
Over the last couple of years, there has been a lot of hype around robotic process automation. This makes a lot of sense if you consider that in 2018 Gartner was already labeling it “…Continue
Added by Daniel Pullen on July 20, 2020 at 4:30am — No Comments
Summary: Too many solutions. We are at an inflection point where too many vendors are offering too many solutions for moving our AI/ML models to production. The very real risk is duplication of effort, fragmentation of our data science resources, and incurring unintended new technical debt as we bind ourselves to platforms that have hidden assumptions or limitations in how that approach problems.
Added by William Vorhies on November 25, 2019 at 9:44am — No Comments
Summary: AI/ML itself is the next big thing for many fields if you’re on the outside looking in. But if you’re a data scientist it’s possible to see those advancements that will propel AI/ML to its next phase of utility.
What is RPA?
Robotic Process Automation (RPA) is the utilization of programming with machine learning and AI capacities to deal with high-volume, repeatable tasks, and transactions. RPA is an innovation planned for computerizing business forms. Robotic Process Automation conveys direct productivity and improves accuracy transforming an organization’s workflow. Empowering RPA allows flexibility within the enterprise. Programming robots are easy to…Continue
Added by Vinod Saratchandran on September 10, 2019 at 3:00am — No Comments
How are artificial intelligence (AI) and Automation different? Don’t they both offer options of hands-free, robotic style design?
Often times we use automation and artificial intelligence interchangeably, but they are very different. We think of them all as just “robots” while not fully understanding what is powering the robot’s intelligence.
However, there is a pretty big difference between Artificial Intelligence and Automation. It’s almost like comparing apples to oranges.…Continue
Added by Harrison Goode on May 9, 2019 at 10:30pm — No Comments
Summary: Based on a McKinsey study we reported that 47% of companies had at least one AI/ML implementation in place. Looking back at the data and the dominance of RPA as the most widely reported instance makes us think that the number is probably significantly lower.
C-3PO and R2-D2 are an odd couple in the Star Wars universe. C-3PO is a cowardly droid who obeys pre-defined protocols and routine tasks, while R2-D2 is a curious and adventurous robot who learns from previous problems, uses logical thinking and larger concepts to solve new problems. But together they do things they could not do alone.