Intelligent automation

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Intelligent automation (IA), or intelligent process automation, is a software term that refers to a combination of artificial intelligence (AI) and robotic process automation (RPA). [1] Companies use intelligent automation to cut costs and streamline tasks by using artificial-intelligence-powered robotic software to mitigate repetitive tasks. [1] As it accumulates data, the system learns in an effort to improve its efficiency. [2] Intelligent automation applications consist of but are not limited to, pattern analysis, data assembly, and classification. [2] The term is similar to hyperautomation, a concept identified by research group Gartner as being one of the top technology trends of 2020. [3] [4]

Contents

Technology

Intelligent automation applies the assembly line concept of breaking tasks into repetitive steps to improve business processes. [5] Rather than having humans do each step, intelligent automation can replace steps with an intelligent software robot or bot, improving efficiency. [6]

Intelligent automation integrates robotic process automation (RPA) with artificial intelligence techniques (such as machine learning, natural-language processing, and computer vision) enabling systems to interpret data, make decisions, and adapt to changing inputs. [7] Modern platforms use a layered architecture combining workflow orchestration, low-code tools, integration middleware, and AI services to coordinate bots and data pipelines across organisational systems. [8]

Applications

The technology is used to process unstructured content. Common real-world applications include self-driving cars, self-checkouts at grocery stores, smart home assistants, and appliances. [9] Businesses can apply data and machine learning to build predictive analytics that react to consumer behavior changes, or to implement RPA to improve manufacturing floor operations. [9] [10]

For example, the technology has also been used to automate the workflow behind distributing COVID-19 vaccines. Data provided by hospital systems’ electronic health records can be processed to identify and educate patients, and schedule vaccinations. [11]

Intelligent Automation can provide real-time insights on profitability and efficiency. However, in an April 2022 survey by Alchemmy, despite three quarters of businesses acknowledging the importance of Artificial Intelligence to their future development, just a quarter of business leaders (25%) considered Intelligent Automation a “game changer” in understanding current performance. 42% of CTOs see “shortage of talent” as the main obstacle to implementing Intelligent Automation in their business, while 36% of CEOs see ‘upskilling and professional development of existing workforce’ as the most significant adoption barrier. [12] [13]

IA is becoming increasingly accessible for firms of all sizes. With this in mind, it is expected to continue to grow rapidly in all industries. [14] This technology has the potential to change the workforce. As it advances, it will be able to perform increasingly complex and difficult tasks. [15] In addition, this may expose certain workforce issues as well as change how tasks are allocated. [16] Tools such as Semrush's AI Visibility Toolkit and Enterprise AIO reflect these developments by analysing how entities are referenced and represented within responses produced by large-language-model-based systems. [17]

Benefits

Streamline Processes:

Customer Service Improvement:

Flexibility:

Capabilities

See also

References

  1. 1 2 "Businesses Expected to Lean on Automation for Recovery". Wall Street Journal. May 20, 2020. Retrieved November 9, 2021.
  2. 1 2 Ray, A. (2020). Intelligent automation: A new frontier in capital markets operations. Journal of Securities Operations & Custody, 12(3), 266–277.
  3. "Gartner Announces Top 10 Strategic Technology Trends For 2020". Forbes. October 21, 2019. Retrieved November 9, 2021.
  4. Myers, Marie. Intelligent Automation: Bridging the Gap between Business and Academia. Chapman and Hall/CRC. ISBN   978-1003804024.
  5. "Succeed and compete with smarter, simpler and faster records management". www.unisys.com. 2022-09-19. Retrieved 2023-08-24.
  6. "Software bots could be the future of business automation". Axios. July 20, 2021. Retrieved November 9, 2021.
  7. "What is intelligent automation?". IBM.
  8. Pascal, Bornet (2020). Intelligent Automation: Welcome To The World Of Hyperautomation: Learn How To Harness Artificial Intelligence To Boost Business & Make Our World More Human. WSPC. ISBN   978-9811235597.
  9. 1 2 "Gartner says low-code, RPA, and AI driving growth in 'hyperautomation'". VentureBeat. April 28, 2021. Retrieved November 9, 2021.
  10. DEBANJANA, DASGUPTA (2021). Intelligent Automation Simplified: Learn Enterprise Automation, AI-Led Automation, and Robotic Process Automation with Use-cases. BPB Publications. ISBN   978-9391392543.
  11. "Notable Health seeks to improve COVID-19 vaccine administration through intelligent automation". Techcrunch. February 16, 2021. Retrieved November 9, 2021.
  12. "Two thirds of CEOs don't know where their business makes money, yet most don't see intelligent automation as a way to find out". Automation. 2022-04-27. Retrieved 2022-05-08.
  13. "Intelligent Automation". Alchemmy. Retrieved 2022-05-08.
  14. 1 2 3 4 5 Hiter, S. (2023). Overview of Intelligent Automation. eWeek, N.PAG-N.PAG.
  15. 1 2 3 4 What is Intelligent Automation? - Intelligent Process Automation Explained - AWS. (n.d.). Amazon Web Services, Inc. Retrieved December 3, 2023, from https://aws.amazon.com/what-is/intelligent-automation/
  16. 1 2 3 4 What is Intelligent Automation? | IBM. (n.d.). Retrieved December 3, 2023, from https://www.ibm.com/topics/intelligent-automation
  17. "Brands target AI chatbots as users switch from Google search". Financial Times.