About Robotic Process Automation - Briefly explained
What is Robotic Process Automation
Also known as RPA Technology, this is a way of removing much of the tedious paperwork side of a business for human beings. It does this by using intelligent bots to extract, process and file data online.
This technology, also known as Automation as a Service, or AaaS is on the increase. A report by Grand View Research suggests that we will see an annual growth rate of more than 25% over the next four years.
The RPA industry is also seeing an easier, more cost effective take up of RPA Tools and Bots for the end users. Because of this, it is also predicted that RPA practices will grow by 200-300 percent over the next three years.
Some companies who are involved with RPA software Tools include:
- Inflectra Rapise
- Blue Prism
- UiPath
- Automation Anywhere
- Pega
- Contextor
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