Hyperautomation Technology: Businesses today require far more agility and efficiency than they ever did before. The digitized business environment requires organizations to minimize expenses, maximize productivity, and drive operations at an unprecedented pace. These are objectives that cannot be realized with manual processes and efforts. It is where hyperautomation technology comes into play with its extensive technological competencies. Businesses are now using hyperautomation tools to stay ahead of their competition and drive results. According to Gartner, over 56% of organizations have an average of four or more concurrent hyperautomation initiatives underway. So continue reading how you can use hyperautomation to your advantage and grow your business.
Hyperautomation is a simple analogy of advanced automated solutions and technology to streamline all business processes. Automating all end-to-end business processes that help businesses automate all manual processes and boost efficiency. Hyperautomation uses many advanced technologies that include machine learning (ML), artificial intelligence (AI), business process management (BPM), and robotic process automation (RPA). These technologies help transform all legacy business processes and equipment with minimal hassle. Businesses using hyperautomation services to drive digital transformation have seen significant benefits for businesses. It helps organizations reduce operational costs and drive resourceful efficiencies that help one perform better in a competitive landscape. The recent pandemic has forced many businesses and organizations to adopt such digital transformation. According to Gartner, about 60% of organizations are driving operational excellence transformation, and 50% do so for cost optimization.
There is unignorable hype around hyperautomation in the tech industry, and there are very good reasons behind the same. The fast-paced business environment of the 21st century demands unmatched operational efficiency to ensure customers get the best. Hyperautomation is one of those technologies that can benefit almost every business and organization, irrespective of their scale or industry. As remote workplaces are gaining more prevalence, hyperautomation technology has become a very effective tool to help you run your business from entirely remote environments. Similarly, many other goals and objectives attract organizations to make more investments in hyperautomation.
Such goals and objectives include the following:
Goals and objectives such as these are attracting more businesses to opt for hyperautomation and transform their business for good. Gartner also suggests that by 2025, 20% of all products will be first touched by humans only during purchase. Businesses from every sector, including finance, manufacturing, healthcare and pharma, and even insurance, use hyperautomation services to drive results. For instance, the finance sector is leveraging hyperautomation to enhance customer experience. Besides, the manufacturing industry uses this technology to enhance efficiency and eliminate human error. The healthcare sector uses hyperautomation to better monitor patients’ health, available inventory, and more. Finally, the insurance sector has gained immense benefits from hyperautomation applications by boosting efficiency and eliminating errors.
Hyperautomation is no longer a thing of the future as this technology is gaining more prevalence by the day. There are many reasons businesses and organizations must consider transforming their business with hyperautomation. Some of these reasons include:
Benefits such as these attract many businesses to use hyperautomation technology and facilitate better growth. In a 2021 study from Gartner, 50% of CEOs and 69% of the board of directors are looking for new ways to drive operational excellence and accelerated growth. Hyperautomation fits ideally with these ambitions, and it will make it easier to realize these ambitions.
Before you get started on your hyperautomation journey, you must be aware of all the challenges associated with hyperautomation. Some of these challenges include:
The modern-day business environment is far more complex and intricate than it ever was before. Therefore, give some detailed thought to hyperautomation and see how it can benefit your business. Since 80% of executives expect to increase spending on digital business initiatives in 2022, it is about time you also give it some thought.
If you’re looking forward to incorporating hyperautomation into your organization and are looking for experts for the same, Tech Tammina is where your search ends. We have years of experience working on hyperautomation technology through which we can build the perfect hyperautomation solutions for you! With years of expertise in technologies like Mendix and Appian, we have helped many clients tap into the goodness of hyperautomation.
Our hyperautomation services have helped many enterprises and businesses achieve the best workflows and productivity. Contact us to learn more.
Q1: How can hyperautomation benefit my business?
A1: There are many ways hyperautomation can benefit your business. These perks include enhanced efficiency, automation of repetitive tasks, generating valuable insights for driving better business decisions, better customer service, and more.
Q3: Can I structure unstructured data with hyperautomation?
A3: Hyperautomation is one of those few technologies that will help you forget all about your data management complications. The advanced capabilities of these technologies make it very easier to manage your data and seamlessly structure unstructured data. Businesses are now using hyperautomation to generate insights and drive better and informed decisions.