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Process automation is enabling faster and more efficient business reengineering across all types of organizations. iStock Big waves of business process reengineering have historically been few and far between. One reason has been the length of time it takes humans to analyze trends, conceive new ways of operating, and then integrate the process changes into software code. Machine learning (ML) is knocking down that barrier. ML algorithms’ ability to adapt on their own, requiring no explicit programming to learn from changing conditions, lets them continually hone their automated problem-solving, predictions, and insights. The more good data they’re fed, the smarter they become. As such, ML is enabling organizations to rethink existing processes at unprecedented scale and speed, improving efficiencies and spurring innovation at a pace that once would have been unimaginable.

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