September 8, 2020, ainerd

RPA Market is Inflated. Analysts are becoming much more critical.

Companies talk about RPA, analysts write about it, and it appears on the front pages of newspapers, magazines, blogs, and other media. Amid all the hype, there are several Gartner analysts who are critical of it and explain the risks that the rest of us have overlooked. Derek Miers is a senior director and analyst overseeing Gartner’s Magic Quadrant for RPI software.

One report contains tangible evidence and qualitative analysis to help companies achieve sustainable growth. A team of experienced analysts and consultants uses industry-leading research tools and techniques to create a comprehensive market study interspersed with relevant data. Miers was one of the speakers at this year’s Gartner ITxpo Symposium, where he gave a surprisingly critical speech about RPA. For this reason alone, his lecture was full of useful and unique insights.

Fortune Business Insights ™ provides professional business analysis and accurate data to help companies of all sizes make timely decisions. We want to identify the most lucrative growth opportunities for our customers through a combination of quantitative analysis, qualitative research and data analysis.

One RPA goal is to empower customers by enabling them to work faster, more efficiently and more effectively by using RPA solutions. As the latest Forrester Wave Report shows, the RPA market is in a growth phase as leading RPA software vendors expand their capacities in response to rapidly evolving customer needs. Last year, customers expressed their desire for RPO solutions that go beyond automating individual tasks and integrate AI components to enable more complex tasks such as customer service, marketing, analytics and compliance.

RPA has made significant progress in recent years, but this dynamic should not be overshadowed by the UiPath news. We believe that process automation, coupled with dedicated, agile front-line hiring, is key to sustainable business development that will continue for a long time to come. The RPA hype has evolved, now it’s time to focus on what it takes to stay competitive and really change your business.

The phrase “intelligent automation” is not new and has even experienced an early phase of fashion. RPA falls under the AI definition and is able to make complex decisions in real time without the need for human intervention or human intervention. The Forbes Technology Council is one of the largest and most influential business and technology advisory councils in the world.

It is expected to become popular as teams gain a better understanding of the rules – based on RPA and its benefits. The BA acts as an obstacle that development teams may encounter once automation begins. Definitions vary, but are usually referred to as “intelligent automation” (AI) or “robot-assisted automation system” or “robo-automation.”

Collecting test data seems a no-brainer for development, but for those who do not recognize the value of automation, application owners present difficulties for RPA projects.

As far as I can see, BA should be able to do a fact-finding exercise based on reviewing the characteristics of a process to assess its suitability for automation. While RPA can mimic human keystrokes and mouse movements, it is a computer-based process that cannot be accessed via an API. If the process supports the API, a better form of automation could be a combination of human-machine interface (HMI) and machine-human interface (M2 M).

As adoption increases, so does the number of organisations with overly idealised expectations of technological capabilities and who do not have, or do not have, a good understanding of the real application of RPA in their organisations.

This would make it even harder for organizations to adopt robotic automation in the back office. There is no one who configures the automation flow, “says KC,” there is one person who configures automation flows, and that is the person responsible.

The geographically agnostic nature of the software means that new business opportunities may arise from organizations that have political or regulatory barriers to offshore outsourcing. Conversely, BPO providers can try to create a kind of client lock – through automation. This would have to be done so that the associated cost savings from automation would not flow back into the business without re-implementing the technical solution in a new operational context.

Ultimately, organizations need to be able to integrate new tools and automate processes to achieve the speed and flexibility that businesses require, and there is little help that RPA can do to achieve that goal. One of the reasons Gartner’s 2019 hype cycle has become obsolete at the height of excessive expectations is that the problems they are trying to solve – help – are best solved. I predict that the remnants of the current RPI deployment will be in place for a long time, much like we still have green screen applications on mainframes.

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