Research: Robotic Process Automation to Increase in Australia by 2020

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Team welding robots represent the movement. Robotic process automation careers in Australia and New Zealand will be more common by 2020, as six out 10 companies will use or consider the technology by 2020, according to a Telsyte research.

The Telsyte ANZ Robotic Process Automation Study 2017 also estimated the RPA market value to be worth A$870 million by that year. This is based on the findings on the perception of 302 CIOs and IT influencers.

Robotic Application

Tanna Partners explains that robotic process automation (RPA) involves careers using software robots to configure and imitate how humans perform routine tasks, including data entry work. The above-mentioned study noted that 38% of companies with more than 500 employees already use this technology.

Finance and insurance companies will lead the sector with active RPA programs, as these firms will be the quickest to implement automated software, Telsyte noted. RPA will also be useful to telecommunications, government agencies, and other companies with a huge customer base. However, Telsyte Managing Director Foad Fadaghi advised businesses to review how RPA works before planning a company-wide deployment.

Fadaghi added that enterprises can better understand RPA systems if they use a pilot program, which will then determine the viability of a broader rollout depending on the complexity of the target processes.

Automation Technology

Millennials probably account for a significant portion of the workforce in Australia and New Zealand. By using automated technology, it can help your company retain employees and bolster satisfaction among them.

The shifting tides in workforce population should lead companies to consider how to engage millennials at the workplace, as they become bored faster than older employees and tend to look elsewhere for a more stimulating job.

The expected increase in the use of robotic technology represents the constant changes on automated tools for businesses. Do you expect your company to embrace this development in the near future?

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