Breaking Analysis: RPA Gains Momentum in the Post COVID Era | The Release Show: Post Event Analysis
Dave Vellante hosts a Breaking Analysis on RPA's Momentum in the Post COVID Era as part of UiPath The Release Show: Post Event Analysis. #UiPathLive #theCUBE https://siliconangle.com/2020/05/20/hyperautomation-hype-insights-behind-uipaths-intelligent-rpa-platform-uipathlive/ We live in a world inhabited by robots, and the most useful may be those that exist outside the physical plane. Robotic process automation has given us virtual assistants that quietly work behind the scenes; entering data, processing forms, answering calls, and even filing tax returns. These RPA bots are simplifying operations and increasing profits at thousands of companies around the world; and the COVID-19 pandemic has only increased their importance. Current RPA adoption rates are faster than those for container, video conferencing, and even cloud. Twenty-two percent of customers planning RPA spend are new adopters of the technology, according to figures given in a recent report by Dave Vellante, chief analyst at Wikibon, SiliconANGLE Media’s sister market research company. The buzzword du jour in RPA is hyperautomation, a term introduced by Gartner Inc. as one of its top 10 strategic trends for 2020. Where automation is the use of technology to free humans from low-level repetitive tasks, hyperautomation adds artificial intelligence and machine learning to automation processes, making bots smarter and increasing the use-case potential. Grabbing the buzz word and running with it is RPA market leader UiPath Inc., which just announced general availability of its end-to-end hyperautomation platform as the core of the 20.4 release box set. As the first such platform on the market, it aims to democratize automation and put “automation squarely at the core of everyday work.”