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It's the abbreviation for Robot Process Automation. It can be defined as software with artificial intelligence (AI) and machine learning characteristics. It is crafted to accomplish repetitive and basic tasks, which are normally performed by humans. It should be noted that it is not actually artificial intelligence or machine learning by itself.
RPA is divided into four different streams.
The presence of RPA demands comparison with the term machine learning. This is mainly since the recent figures into the former to a lesser extent. Still, the major difference between machine learning and RPA is that robotic process automation mimics human actions in order to accomplish a task. These tasks are usually something easy and repetitive. Machine learning, however, simulates human intelligence and thinking.
We've found that Robot Process Automation helps automate the repetitive but important tasks. These are usually the ones that no one really needs to do.
Most of the remarkable growth for RPA is coming from small to medium-sized enterprises. North America dominates the RPA market. However, Europe and the UK have also showcased incredible market growth over the years. Not ignoring the fact that the Asia-Pacific region is also adopting RPA in larger numbers in the telecommunications, retail, IT, and healthcare industries.
The RPA market, on a global level, is forecast to touch $6.2 billion by 2026. Thus, registering a CAGR of 29.6% between 2019 and 2026. There has also been anticipation around a significant rise in the demand for BPA or business process automation.
You may also read- Why Businesses Need Robotic Process Automation (RPA)?
While all of the above information about RPA sounds pleasing, the real test of its worth is when one is able to determine how profitable it is to them and their enterprise.
As it turns out, RPA has been administered in various industries (e.g. banking, retail, insurance), releasing employees to tackle more rewarding tasks. It mainly includes tasks that have the potential to increase their visibility in the organization. Consequently, it could result in increased benefits and other rewards.
Robotic Process Automation can be utilized for jobs such as:
This is just a part of the list of things that RPA can handle. Most of these tasks are repetitive and time-consuming. Although people may be worried about automation taking their jobs, it's safe to say that no one has a powerful attachment to these particular jobs. Thus, the tasks taken over by bots wouldn't upset anyone who is not forced into doing them anymore.
It is generally considered that to be effective in working with RPA, a professional needs to have a grip over skills such as systems evaluation, systems analysis, programming, and mathematics. Furthermore, the aspirant should have expertise in decision making, problem-solving, and communication.
Along with the learning gathered through all this information, it's obvious how robotic process automation can be a potentially excellent career path to take. An increasing number of domains and companies of all sizes adopt RPA processes to streamline operations around the world. This will lead to a rise in the need for professionals who are adept at working with this new technology.
One thing that is understandable is that companies of all sizes have tasks that no one wants and requires to do. Given the option to automate them, they will do so. There is an increasing demand for people who know how to execute and manage such processes.
If you have the skills and experience in concepts like machine learning and AI, then adding RPA will be a benefit. It will round out your skills and prepare you for whatever new developments appear in the near future. No professionals in the fields of AI, ML and robotics are complete without RPA knowledge today.
Course Schedule
| Course Name | Batch Type | Details |
| RPA Automation Anywhere Training | Every Weekday | View Details |
| RPA Automation Anywhere Training | Every Weekend | View Details |
