Growth in RPA Market Triggers Digitial Transformation

Recently Gartner reported that the Robotic Process Automation (RPA) market grew by 63% in 2018 to an estimated value of $846 million. This makes it one of the fastest growing segments of the enterprise software market with an increase to $1.3 billion market value anticipated this year. Whilst, this is fantastic news for RPA vendors, it is also indicative of organisations starting to realise the benefits of automation more generally and adopt solutions for themselves as part of Digital Transformation initiatives.

RPA is a component of a Digitial Transformation Journey and should be considered as part of a wider set of technologies, which can be applied to achieve Intelligent Process Automation (IPA). Priya Dilani a technology writer for Analytics Insight wrote in a recent article, “one could likewise contend that RPA lays the basis for Machine Learning and progressively intelligent applications.”, hinting at the dependencies between technologies within IPA. Organisations are consolidating RPA and other technologies within the IPA toolkit such as AI solutions like Celaton’s inSTREAM, which helps bridge the gap between front and back office operations, structured and unstructured data. In doing so organisations are able to extend automation benefits to end-to-end business processes and achieve far greater efficiencies.

The growth in RPA adoption will no doubt continue to increase as more organisations prove its capabilities (after all, there is sanity in numbers), however, it is likely to do so as part of a combination of IPA technologies far-extending and enhancing the transformational potential for technology and organisations alike.

RPA and Machine Learning

Share:

Contact Us

  • +44 (0) 844 245 8000
  • This email address is being protected from spambots. You need JavaScript enabled to view it.

Contact Us

  • This email address is being protected from spambots. You need JavaScript enabled to view it.