What Are the Top Five Hyperautomation Trends for 2023?

1. What Are the Top Five Hyperautomation Trends for 2023? Hyperautomation is a driving element in organizations' long-term performance across industries. It is the business of the future since it improves employee competencies and fits with company ambitions. We are eager to explore how it can propel your firm forward. 1. Transformation of the Workforce Hyperautomation is changing not just industry sectors and enterprises but also the changing workforce within those entities. Numerous organizations were driven into digital transformations due to the COVID-19 epidemic, utilizing Artificial Intelligence (AI) and automation to help with or operate multiple business activities. However, the general assumption is that incorporating this new technology would result in job losses, which is untrue. Instead, hyperautomation and digital transformations enable employees to focus on higher-value jobs rather than monotonous duties, frequently resulting in a lack of employee happiness and productivity inside organizations. According to Global Artificial Intelligence Study, AI anticipates increasing global GDP by $15.7 trillion, or 26%, by 2030. Approximately 40% of that rise will be attributable to increased organizational productivity, while 60% will be due to increased consumption. Productivity growth will enable businesses to use resources better, improve company processes, and prosper year after year. Unfortunately, many businesses were caught off guard during the epidemic, reacting to the scenario at hand. It is time to embrace artificial intelligence and automation to supplement staff competencies and shift your firm from reactive to proactive. 1 | P a g e www.suntechnologies.com

2. 2. Extensive Use of Robotics Process Automation (RPA) Robotic Process Automation (RPA) is a type of automation software meant to imitate repetitive human work. Bots are installed in your local area and interact with your organization's digital systems and software. Bots take up monotonous, predictable, and digital chores, freeing your workers to focus on higher-value duties that drive your key business goals. The bots run autonomously without human intervention, resulting in faster and more accurate work completion. RPA is one of the most widely used hyperautomation capabilities, increasing in popularity as it improves operational efficiency. Organizations may grow their operations more quickly and cost-effectively when incorporating the bots into current systems. In recent years, RPA has become particularly popular in finance, banking, insurance, and healthcare, but it is likely to spread to other industries and even small enterprises. RPA's accessibility at a cheap cost enables smaller firms with more limited finances to embark on hyperautomation initiatives. Regardless of sector or company size, RPA accessibility will be critical in the general adoption of hyperautomation in 2023. Businesses want to avoid getting caught up with the competition or losing their competitive edge because they are hesitant to go on their hyperautomation path. RPA can be a good starting point! 3. Expansion of Low-Code/No-Code Tools Low-code, no-code (LC/NC) solutions have grown popular nowadays, requiring little to no coding skills to deploy. LC/NC platforms are software programs that let organizations automate without technical expertise. As organizations increasingly need automated systems, deploying technical personnel to construct those systems can be time-consuming and resource-intensive. Business executives who want to start their digital transformation may employ LC/NC technologies. Unfortunately, only some companies have the resources to engage a technical staff to lead their hyperautomation journey from the beginning. Still, LC/NC can help you and your company stay competitive in your sector. Contrary to common assumption, technical and non-tech firms and people with some technical background may successfully integrate automation into their operations and embark on a hyperautomation journey! In addition, employees within your organization may learn to use these essential tools and help alter your company. The Operational Decision Manager (ODM) is a component of hyperautomation capabilities that combines machine learning and business rules to aid organizations in determining the proper actions to take in a process, defining business rules in plain language syntax (no complex code), so non-programmers can comprehend what the solution is doing. Learn more about our ODM solution and begin your first LC/NC training session now. 4. Automation Adoption in a Sustainable Way Automation solutions have become indispensable, if not the gold standard, for serving consumers and maintaining efficient operations. However, more than resolving a single business problem through automation is needed and needs to catch up to the potential benefits of expanding the use of automation. To stay up with the trend, businesses are automating more and more procedures. However, the impact of automation might be challenging to foresee, putting tool use at risk. 2 | P a g e www.suntechnologies.com

3. A well-thought-out, long-term strategy for implementing these automation technologies is critical to successfully growing automation. Process discovery, evaluation frameworks, and other tools give the information needed to make sound decisions. After grasping the knowledge of the current status of operations, you should start creating a backlog of possible automation possibilities, which you should then organize and prioritize. By doing so, it can make well-informed judgments that result in the anticipated advantages on time. These are the goals of hyperautomation, and adhering to this practice will allow for the constant automation of one function after another. Automation Compass, a product developed by Salient, is a comprehensive solution that assists businesses in sustainably implementing automation. It aids in identifying areas where automation may have the most significant impact and navigating the deployment route. In addition, companies may use Automation Compass to analyze the potential advantages of process improvement and automation efforts and make educated decisions. Learn more about how Automation Compass may assist your company in sustainably implementing automation. Teams Will Thrive Hyperautomation directly influences the individuals involved in those operations and automates and enhances efficiency. Revitalizing teams will reduce the tedious, repetitive, and labour-intensive chores that drain mental attention, influence accuracy, and impede employee utilization, resulting in increased employee productivity and happiness and more time for employees to be more effective at work while still focusing on their personal life. In addition, process automation provides several immediate benefits, including shorter cycle times, higher accuracy, and increased production. By 2023, hyperautomation will increase corporate efficiency and improve employee satisfaction and well-being. Employees will no longer be burdened with dull and routine tasks, allowing them to concentrate on essential functions that support the company's key business goals. Employees will be more creative, productive, and involved in their job due to hyperautomation, resulting in an enthusiasm and more motivated workforce. Organizations must consider how they might utilize automation to enhance people's lives rather than merely boost productivity. Deliver Operational Excellence with Sun Technologies With Sun Technologies' process, you can realize the full potential of your company's operations. If you haven't already, wherever you are on your digital transformation path, you can expect to witness operational excellence like never before. 3 | P a g e www.suntechnologies.com