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CompetitiveSCOPE View of Robotic Process Automation (RPA) Market

CompetitiveSCOPE View of Robotic Process Automation (RPA) Market

  • March 2017
  • 112 pages
  • ID: 4773702
  • Format: PDF
  • By Venn Research, Inc.

Summary

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KEY DYNAMICS:
Software “robotic” applications recently picked up lot of media attention which acts like excel macros and replicates human employee’s mundane tasks/actions is transforming the enterprises internal processes and IT functions. RPA tools has witnessed an evolution in terms of capabilities, value delivery, deployment models and impact on global mindset. Organizations dealing with global pressure to increase their revenues, transform their business models and reduce operational costs are leveraging RPA solutions and services in conjunction with machine learning, cognitive computing, artificial intelligence, natural language processing, speech recognition, vision technology, big data analytics, and many more technologies.

Integration of RPA capabilities with these above mentioned technologies broadens the application areas and support companies to become agile in their digital journey. However, this is creating challenge for human workers to be replaced and force them to think hard on re-evaluating their existing skill base and reskill to stay relevant in the market.

Industry is changing a rapid pace and organizations cannot stay untouched, else fall behind the competition, and needs to evaluate these emerging technologies and employ them.

WHO SHOULD READ THIS REPORT
Executive leaders and business unit leaders, procurement managers, advisors, Investors who have responsibilities to set their organization on Digital transformation and Automation journey.

WHAT YOU’LL KNOW AFTER READING
Readers will get a crisp view of RPA market growth, trends, challenges and enterprise requirements for Automation driven by increasing competitive, margin and labor arbitrage pressure across the industries and horizontal business processes. The report pursues an in-depth analysis of RPA solution providers and service providers from various aspects of their business strategy, marketing strategy, key products and services, bundling of professional services, pricing model and partnership ecosystems. It will be the readers to get a consolidated view of the RPA competitor landscape and evaluates RPA solution providers on 9 parameters and plots “Automation Capability” graphs. With increasing adoption of automation within business and IT processes, the industry is already set for a transformational journey towards a cutthroat market with highly focused on high quality and quick service delivery, improved performance and efficiency, zero error at highly competitive price to stay ahead in the race. However, RPA industry would continue to face adoption challenges from organizations internal politics, culture, and looming threat of cyberattacks.

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