Gartner has recently coined the term hyperautomation. However, its fundamental idea was conceived long before that in the industry. The only demarcating difference is that various organizations have employed varied phraseology to express the exact definition. Illustrating upon the same, we have terms such as Digital Process Automation (DPA), Intelligent Process Automation (IPA), Hyper Intelligent Automation (HIA), and the like. Putting it all in encapsulating terms, one can easily define hyperautomation as a convergence of numerous kinds of automation, all consolidating to strengthen the capacity to automate tasks.
Hyperautomation is something that helps create a viable and profuse ecosystem of automated systems that help streamline and optimize a lot of comprehensive tasks in a seamless manner. Since hyperautomation enablement strives to supplement human abilities, it must integrate diverse tools, as one specific tool cannot attain the expected result. Here are the component technologies that compose the essence of hyperautomation enablement:
Advanced Analytics
Advanced analytics is the independent or semi-independent analysis of data or content utilizing refined strategies and tools, normally beyond time-honoured business intelligence (BI), to uncover more profound insights, drive projections or effect suggestions. It also enables overpowering the restrictions of RPA as it can control both structured and unstructured data. It allows the play-by-play of unstructured data to obtain actionable, conventionally impossible insights.
Artificial Intelligence and Machine Learning
AI indicates the simulation of human intellect or computer comprehension, while ML refers to the AI’s capacity to enhance its cognition with time. State-of-the-art computer algorithms can emulate the functions of the human brain, thus facilitating machine learning.
Robotic Process Automation
RPA can be described as the technology that enables automating redundant manual jobs. It commonly involves recurrent, order-based processes with manual touch-points and well-described inputs and outputs. Nevertheless, RPA also has its constraints as it applies only to structured data and does not implicate any awareness or the ability to learn and comprehend the context.
Business Process Management
BPM can be defined as the activities conducted to realize, prototype, explore, estimate, enhance, optimize, and automate business processes. It constitutes the footing of an automation plan by delivering clearness on the various workflows covered in the process. It additionally helps sidestep future process breakdowns in the system.
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Benefits of Hyperautomation Enablement
Better performance
A hyperautomation enablement platform helps an organization substantially reduce manual tasks that are sluggish and inclined to manual errors, thus speeding up the process and cutting down the time wasted on error marking and rectification.
Digital Dexterity
As a hyperautomation enablement platform helps transcend multiple technologies, it offers the flexibility to select from an exhaustive toolset to satisfy their automation objectives without being confined by the limitations of using a single technology.
Greater ROI
Augmented revenue by virtue of reduced costs is one of the biggest business values that hyperautomation enablement proffers. It annihilates physical touch-points that are generally resource-intensive and instead uses lighter, more efficient and automated processes.
Streamlined Integration
A robust hyperautomation enablement platform helps seamlessly unify the technologies across multiple systems and removes watertight compartmentalization between legacy and modern techniques. It also enhances the visibility of various processes and brings together data to generate actionable insights.
Wrapping Remarks
Hyperautomation is evidently going to turn into an inevitable market state where organizations have to recognize and automate all possible business processes swiftly as they help streamline existing business processes and also remain competitive.
As a trendsetter in the hyperautomation enablement technology domain, we at EvoluteIQ have picked up effectively on this trend at its genesis. We have conceived advanced solutions that not only meet business demands for hyperautomation but are agile enough to correspond to unique business goals. Make haste and talk to one of our experts today to help you get started in your unique hyperautomation enablement journey.
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