Hyperautomation
What is hyperautomation?
Why is it important? And how can Nividous assist you on your automation journey?
Hyperautomation is the #1 trend on the Gartner Top 10 Strategic Technology Trends for 2020*
Keeping up with the latest technology trends can be overwhelming. However, many times the new trends are logical advancements to technologies that are already in use. This is exactly the case with RPA and the trend of Hyperautomation.
Let us take a look and understand the Hyperautomation trend and its implications for your business.
*Smarter With Gartner, “Gartner Top 10 Strategic Technology Trends for 2020,” October 21, 2019.
What is Hyperautomation?
Hyperautomation is the process of combining complementary automation technologies to achieve end-to-end process automation. At its core is robotic process automation (RPA), augmented by advanced technologies such as artificial intelligence (AI), machine learning (ML), low-code process automation, and other automation tools. This combination enables the automation of more complex processes, leading to enhanced operational agility and productivity gains. Hyperautomation can be applied to various business operations and is rapidly being adopted by companies across industries.
Read a detailed blog post that explains hyperautomation in detail.
“Enterprise architecture and technology innovation leaders lack a defined strategy to scale automation with tactical and strategic goals. They must deliver end-to-end automation beyond RPA by combining complementary technologies to augment business processes. Gartner calls this ‘hyperautomation’.”
(**Source: Gartner, Move Beyond RPA to Deliver Hyperautomation, Saikat Ray, Cathy Tornbohm, Marc Kerremans, Derek Miers, December 16, 2019.)
Hyperautomation is a great tool to help your enterprise to achieve real progress on your digital transformation journey. The combination of technologies allows for end-to-end automation of more complicated business processes that can also include human tasks when needed. This delivers productivity gains to more employees, improves their job satisfaction and thereby their motivation and performance. It can also improve customer experience, help with new customer acquisition and retention of both customers and employees. The goal is to improve the productivity and efficiency of business processes across the enterprise. We have got a blog post that explains it all.
What Are the Key Benefits of Hyperautomation?
Combining robotic process automation with AI technologies unlocks new possibilities for automation, enabling the automation of even complex processes involving unstructured data. The combination of advanced tools and technologies offers the power and flexibility to achieve end-to-end automation.
Here are some key benefits of hyperautomation:
- Identify and automate all possible tasks and business processes by combining AI technologies with RPA and low-code process automation.
- Utilize tools and technologies to manage the entire automation lifecycle, from process discovery to measuring return on investment on a large scale.
- Empower everyone to automate and contribute to transformation for a more significant impact.
- Effectively orchestrate the collaboration between humans and bots using hyperautomation technologies.
- By 2026, hyperautomation software market will reach nearly $1.04 trillion, with a CAGR of 11.9%.
The Nividous Intelligent Automation (IA) Platform Capabilities
The Nividous IA Platform natively incorporates all essential components for automating sophisticated business processes, including robotic process automation, artificial intelligence, and low-code process automation. This combination of technologies minimizes human involvement in specific functions, allowing your workforce to concentrate on more productive tasks. Additionally, the platform provides an advanced dashboarding module for real-time monitoring and reporting of business data.
Key Differentiators of Nividous’ Hyperautomation Platform
Built-in capabilities with robust human-Bot governance to automate end-to-end processes.
Native AI-enabled intelligent document processing (IDP) solution.
Transparent licensing models (perpetual / subscription) with no hidden costs.
On-device data extraction involving field workforce.
Guaranteed, outcome-based quick start program.
Enterprise grade scalability and security.
Extend Hyperautomation to Field Employees and Partners
Enable your field employees and partners to be part of your Hyperautomation journey. Natively embedded RPA, AI, and process orchestration capabilities can be easily extended to hand-held devices allowing for straight-through processing. On-device data extraction eliminates manual human errors, high human capital costs, and infrastructure costs and allows knowledge workers to focus on more valuable tasks. Intelligently extract data from a range of documents, including Government IDs, application forms, utility bills, etc. in real-time.
Huge reduction in back-office costs
Increased straight-through processing
Streamlined document tracking
Ability to handle multi-variant formats of documents
Improved data accuracy, compliance, and governance
Higher workforce productivity and efficiency
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