/PRNewswire/ Zurich Insurance, one of the world s leading insurance providers, with the help of Blue Prism® has implemented a fresh robotic operating model.
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RPA enables staff members to automate lower level tasks.
Among the many technologies with potential to completely alter the workplace, clearly robotic process automation, RPA, is a leader.
RPA enables companies to save precious staff time by automating many business work processes. It can interface with software – mimicking a human – and perform reams of manual work. Those hours and hours of repetitive tasks that employees do can be performed faster, and more cost effectively, by an RPA robot. Think of RPA as “pragmatic artificial intelligence.”
The RPA bot are programmable at many different levels and are gaining sophistication with time.
RPA (Robotic Process Automation): Predictions For Next Year written by Forbes December 19, 2020
BERLIN, GERMANY – DECEMBER 12: Co-founder and CEO of UiPath Daniel Dines and TechCrunch Senior … [+] Writer Darrel Etherington speak on stage at TechCrunch Disrupt Berlin 2019 at Arena Berlin on December 12, 2019 in Berlin, Germany. (Photo by Noam Galai/Getty Images for TechCrunch)
Getty Images for TechCrunch
This week UiPath filed for its IPO (on a confidential basis) and it will likely hit the markets in February. Like other enterprise software companies such as Snowflake, C3.ai and Palantir the offering should do extremely well.
UiPath is the leader in RPA (Robotic Process Automation), which allows for the automation of repetitive and tedious tasks. And yes, the sector is the fastest growing segment of enterprise software. A key reason is that the ROI (Return On Investment) is quick and substantial.