One of the persistent challenges is poor executive understanding in what AI/ML can do. McKinsey’s “Global Survey: The State of AI in 2020” indicates “Respondents at AI high performers rate their C-suite as very effective more often than other respondents do. This article is an overview of AI for executives to gain a better understanding.
Measuring the performance of your Robotics Process Automation (RPA) deployment is a crucial part of determining its success. Identifying and developing Key Performance Indicators (KPI’s) is a great mechanism to ensure that your project is on track and continues to deliver a successful outcome. Success can be very context specific. In other words, success can…
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Many terms describe the automation trend used by various organizations: Intelligent Automation, Cognitive Automation, Cognitive RPA, and even Hyperautomation. These are all variations on a theme, even if each source promoting them tries to distinguish them from each other. The bottom line is that Intelligent Automation is the combination of the process automation with some type of decision (inference) capability, typically Artificial Intelligence (AI). AI could be machine learning, deep learning, cognitive vision, etc. that infers a decision using data versus traditional programming. We will use Hyperautomation interchangeably with Intelligent Automation for practical purposes.
We explore how Intelligent Automation is achieved.
Often, when you hear about RPA, one of the first things that comes up is task capture and task or process mining. This blog will explain some of the differences and how they overlap. Why should I perform task capture or task or process mining? You need to build robots to automate tasks at an…
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What is a Center of Excellence? A Center of Excellence (COE) is a discipline within an organization established to build out key procedures and expertise around a technology, process or application and to be effective at using them. From Wikipedia: “Within an organization, a center of excellence may refer to a group of people, a…
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Automation transforms businesses. By targeting manual, repetitive, and routine processes, automation lowers cycle time, and reduces errors. At the same time, it decreases the amount of human effort. Reducing errors also lowers cost by removing the time/effort to remediate human errors in the process. There are many areas in an enterprise that can benefit from automation. In the Financial Services industry, compliance and risk management presents a key area…
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When considering what makes some projects extraordinarily successful there seems to be a common theme. Ideas that come directly from employees are usually the best ideas. This highlights the importance of motivating employees to bring intelligent automation opportunities forward. Let’s discuss the top methods for inspiring employees to contribute. Recognition Individuals feel good about contributing…
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One of the key take-aways from Forester’s recent article “Ten Golden Rules For RPA Success” is that “RPA is easy to get into but hard to master, building your first bot is relatively simple but scaling an organization-wide RPA program is a whole different ballgame”. In this blog article we will address one key success…
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Congratulations! You just went live with your first RPA implementation. Unless it was part of an overall strategy, you might be wondering what to do next. Let’s quickly examine why many RPA efforts fail or never move beyond the science project phase: That one-word “Governance”, and all that it implies is one of your most…
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Companies that begin intelligent automation projects (RPA) believe that the processes they are focused on should be able to improve overall costs, increase productivity, and are relatively simple to implement. As a result, they believe that the project should be straight-forward, and they jump in and get started without defining a plan for the Intelligent…
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