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Robotic Process Automation (RPA) is the use of software with Artificial Intelligence (AI) and Machine Learning (ML) capabilities to handle high-volume, repeated tasks that previously required humans to perform. RPA is an approach that allows one to automate manual interventions in a known process. In this presentation, we'll learn all about RPA to get you started. <br><br>Here are the topics we've covered in this RPA presentation- <br>1. Why RPA?<br>2. Automation vs RPA<br>3. What is RPA?<br>4. What is not RPA?<br>5. Features of RPA<br>6. Benefits of RPA<br>7. Types of RPA<br>8. RPA Software tools<br>9. RPA services<br>10. Industries adopting RPA<br>11. RPA Growth projections <br><br>What are the benefits of this course?<br>Robotic Process Automation (RPA) is an advanced technology that automates huge quantities of redundant tasks by applying artificial intelligence (AI). RPA can be used for processing transactions, manipulating data, triggering responses and communicating with other digital systems. RPA has applications in a plethora of industries including insurance claims processing, invoice processing, customer feedback analysis, onboarding of employees, HR operations, and much more. More on the RPA market: <br>- The global market for RPA software and services is expected to grow to $1.2 billion by 2021 at a compound annual growth rate of 36 percent.<br>- One wine producer increased its order accuracy from 98% to 99.7% while reducing costs There are 3000 RPA job postings in India and the US.<br>
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What’s in it for you? Why RPA? Automation vs RPA What is RPA? What is not RPA? Features of RPA Benefits of RPA Types of RPA RPA Software tools RPA services Industries adopting RPA RPA Growth projections
Why RPA? Manual calculation takes a lot of time to solve complex problems
Why RPA? To avoid this and make calculations easier, calculators were introduced >>
Why RPA? To avoid this and make calculations easier, calculators were introduced However, conventional calculator requires manual input from the user. This is partial automation. Automating the usage of a calculator, that requires zero human interaction is what RPA does >>
Automation vs RPA RPA Automation Manual Automated Automated system Categorized invoices Invoice processing Invoices
Automation vs RPA RPA Automation RPA Automated Manual Automated Automated system Categorized invoices Invoice processing Invoices Automated system Categorized invoices Invoice processing Invoices
Automation vs RPA RPA Automation Traditional automation involves programming APIs and integration tools to integrate different systems
Automation vs RPA RPA Automation Traditional automation involves programming APIs and integration tools to integrate different systems RPA mimics the actions of a user at the User interface level
Automation vs RPA RPA Automation Traditional automation involves programming APIs and integration tools to integrate different systems RPA mimics the actions of a user at the User interface level The developer needs to have a good understanding of the target system
Automation vs RPA RPA Automation Traditional automation involves programming APIs and integration tools to integrate different systems RPA mimics the actions of a user at the User interface level As long as the bot can exactly follow the steps, the developer need not worry about the underlying complexities The developer needs to have a good understanding of the target system
What is RPA? Robotic Process Automation (RPA) is the use of software with Artificial Intelligence (AI) and Machine Learning (ML) capabilities to handle high-volume, repeated tasks that previously required humans to perform
What is RPA? Robotic Process Automation (RPA) is the use of software with Artificial Intelligence (AI) and Machine Learning (ML) capabilities to handle high-volume, repeated tasks that previously required humans to perform RPA is a form of automation that sticks to the front-end of the system and carries out tasks without having to move to the back-end
What is RPA? Robotic Process Automation (RPA) is the use of software with Artificial Intelligence (AI) and Machine Learning (ML) capabilities to handle high-volume, repeated tasks that previously required humans to perform RPA is a form of automation that sticks to the front-end of the system and carries out tasks without having to move to the back-end Some of these human tasks are… Queries
What is RPA? Robotic Process Automation (RPA) is the use of software with Artificial Intelligence (AI) and Machine Learning (ML) capabilities to handle high-volume, repeated tasks that previously required humans to perform RPA is a form of automation that sticks to the front-end of the system and carries out tasks without having to move to the back-end Some of these human tasks are… Calculations Queries
What is RPA? Robotic Process Automation (RPA) is the use of software with Artificial Intelligence (AI) and Machine Learning (ML) capabilities to handle high-volume, repeated tasks that previously required humans to perform RPA is a form of automation that sticks to the front-end of the system and carries out tasks without having to move to the back-end Some of these human tasks are… Calculations Maintenance of records Queries
What is RPA? Robotic Process Automation (RPA) is the use of software with Artificial Intelligence (AI) and Machine Learning (ML) capabilities to handle high-volume, repeated tasks that previously required humans to perform RPA is a form of automation that sticks to the front-end of the system and carries out tasks without having to move to the back-end Some of these human tasks are… Calculations Transactions Maintenance of records Queries
What is RPA? Consider an employee handling invoices in a company
What is RPA? Printing these invoices regularly becomes a strenuous and more so a monotonous task
What is RPA? Robotic process automation can be used to open the invoice mail from the supplier and print it for records VOILA!!
What is not RPA? RPA is not Something like a humanoid robot
What is not RPA? RPA is not Something that can entirely replace humans Something like a humanoid robot
What is not RPA? RPA is not Something that can entirely replace humans Something that replicates human cognitive functions Something like a humanoid robot
Features of RPA Rich analytical suite RPA monitors and manages automated functions from a central console. This console can be accessed from anywhere and offer basic metrics on robots, servers, workflows, and more
Features of RPA Rich analytical suite RPA monitors and manages automated functions from a central console. This console can be accessed from anywhere and offer basic metrics on robots, servers, workflows, and more Simple creation of bots RPA tools allow quick creation of bots effortlessly by capturing mouse clicks and keystrokes with built-in screen recorder components
Features of RPA Script less Automation RPA tools are code-free and can automate any application in any department. Employees with less programming skills can create bots, through GUI
Features of RPA Script less Automation RPA tools are code-free and can automate any application in any department. Employees with less programming skills can create bots, through GUI Security RPA tools enable the configuration as well as customization of encryption capabilities for securing certain data types to defend against the interruption of network communication
Features of RPA Hosting and deployment RPA systems can automatically deploy bots in groups of hundreds. Hence, RPA bots can be installed on desktops and deployed on servers to access data for repetitive tasks
Features of RPA Hosting and deployment RPA systems can automatically deploy bots in groups of hundreds. Hence, RPA bots can be installed on desktops and deployed on servers to access data for repetitive tasks Debugging Some RPA tools require to stop running to rectify the errors while other tools allow dynamic interaction while debugging. This is one of the most powerful features of RPA
Benefits of RPA Reduces cost
Benefits of RPA Reduces cost Reduces operational risk
Benefits of RPA Reduces cost Reduces operational risk Quality and accuracy
Benefits of RPA Reduces cost Reduces operational risk Quality and accuracy Scalability
Types of RPA Unattended/Autonomous RPA Ideal for reducing work like completing data processing tasks in the background. These bots can be launched using: Specified intervals Bot initiated Data input
Types of RPA Unattended/Autonomous RPA Ideal for reducing work like completing data processing tasks in the background. These bots can be launched using: Specified intervals Bot initiated Data input Attended RPA These bots live on the users’ machine and are triggered by the user. They can be launched using: When embedded on employee’s device Auto-run based on conditions RPA client tool
Types of RPA Unattended/Autonomous RPA Ideal for reducing work like completing data processing tasks in the background. These bots can be launched using: Specified intervals Bot initiated Data input Hybrid RPA Combination of attended and autonomous bots. These bots address front and back office tasks in the enterprise Attended RPA These bots live on the users’ machine and are triggered by the user. They can be launched using: When embedded on employee’s device Auto-run based on conditions RPA client tool
RPA services Open emails and attachments
RPA services Fill in forms and move files and folders Open emails and attachments
RPA services Fill in forms and move files and folders Open emails and attachments Follow if then decision rules