What is Hyperautomation?
What Is Robotic Process Automation?
Robotic Process Automation is a technology that uses software robots to replicate and automate human tasks. RPA can help to improve efficiency and accuracy within an organization by automating simple, repeatable tasks.
What is the Lifecycle of RPA?
- Discovery Phase
- Development Phase
- Testing Phase
- Deployment Phase
- Maintenance Phase
How does Robotic Process Automation work?
The user can teach the software or robot a workflow that involves multiple steps and applications. Rule-based tasks have structured inputs with high volume, and labor-intensive are great candidates.
What are the Advantages of RPA?
- Decreased costs
- Freeing up staff for higher-value tasks
- Increased employee engagement
- Reduced operational risk
- Reduced output variability
- RPA is scalable
Types of Robotic Process Automation
Attended Automation
These tools will require human intervention while performing automation processes
Unattended Automation
These tools are intelligent and have decision-making capabilities.
Hybrid Automation
These tools will have combined capabilities of both attended and unattended automation.
How is automation different from Hyperautomation?
Although people often use automation and hyperautomation collaboratively, they differ in scope and methodology. Automation involves reducing manual intervention in repetitive tasks, usually on a smaller scale, with solutions tailored to specific tasks. In contrast, organizations deploy multiple automation tools. Tools include machine learning and robotic process automation in hyperautomation to enable intelligent automation that can be scaled. Thus, while automation focuses on individual tasks, hyperautomation seeks to integrate and optimize automated processes across the enterprise.
Impact of Hyperautomation
Automation has become a familiar concept for consumers in their daily lives. From self-driving cars and self-checkout machines at grocery stores to smart home devices that automate household tasks. Likewise, businesses are also leveraging automation to achieve their strategic goals. For instance, they are applying data and machine learning techniques to develop predictive analytics that responds to changes in consumer behavior. Additionally, they are using robotic process automation (RPA) to streamline operations on manufacturing floors.
What are the Benefits of Hyperautomation?
Hyperautomation offers numerous benefits by establishing a connection between business operations and systems. Hyperautomation enables efficient analysis of structured and unstructured data and facilitates faster decision-making. Some of the significant advantages of hyperautomation are,
Improved Data Integration
Hyperautomation allows organizations to access and analyze data more quickly and effectively by streamlining data integration across systems, applications, and business units. For instance, HR departments can leverage hyperautomation to link data across hiring, onboarding, and payroll processes to understand their operations completely.
Real-time Information
Hyperautomation allows organizations to monitor cross-enterprise projects in real-time. It provides insights into who is working on what, what issues have arisen, and how they can be resolved.
Increased Productivity
Automating manual tasks, such as data entry and information processing, frees employees to focus on higher-value activities. It can also eliminate the need for manual coordination between departments, leading to a better overall employee experience. In addition, hyperautomation can facilitate the digitalization of processes across various departments within a company. This can lead to the implementation of end-to-end automation procedures, such as procure-to-pay.
Challenges of Hyperautomation
Hyperautomation implementation can be complex, and addressing potential challenges is crucial before beginning the process. Some common obstacles that organizations may face when pursuing hyperautomation include the following,
Measuring Success
Defining metrics to measure success is critical. With clear goals and performance indicators, it can be easier to determine if the implementation has been effective.
Realistic Project Timelines
Setting realistic project timelines is essential to avoid unexpected delays or failure to achieve milestones. Hyperautomation requires significant planning and execution time to ensure a smooth transition.
Leadership Buy-in
Achieving success in hyperautomation requires end-to-end leadership that facilitates communication between departments and effectively manages the project.
ROI Calculation
Calculating the return on investment (ROI) for hyperautomation is essential to justify the expense and demonstrate the value it provides. Organizations should account for tangible and intangible benefits while calculating the return on investment (ROI) for hyperautomation.
Choosing the Right Solution
With an ever-growing market of hyperautomation products, selecting the right solution that fits the organization's specific needs can be challenging.
Stakeholder Support
Gaining buy-in from stakeholders and management is crucial, as hyperautomation represents a new and unfamiliar approach. It is essential to demonstrate the potential benefits and ensure their support throughout the implementation process.