1 / 4

ROBOTICS PROCESS AUTOMATION an integral part of Digital transformation (1)

Read to know about how Robotics Process Automation and how its an integral part of Digital transformation.

alliancedevlabs
Download Presentation

ROBOTICS PROCESS AUTOMATION an integral part of Digital transformation (1)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ROBOTICSPROCESS AUTOMATIONan integralpartofDigital transformation ROBOTICS PROCESS AUTOMATION is an integral part of Digital Transformation.ItisthetoptrendingtechnicalBuzz wordintoday’s world. WhatisthemeaningofDigitalTransformationandtechnical changesitisbringing? Digitaltransformationisthethoughtfulconversionofbusinessand organizationaltask,processes&methodologies/modelstofully

  2. utilizethechangesandopportunitiesinamixofdigitaltechnologies andtheiracceleratingforceacrosssocietyinaplannedandlinked way. Also, we can also term it as conversion of information from analogy todigitalform.Thisdigitaltransformationprocesshasenabledmuch ofthetechnologytrendstoday,someofthechangesare- 1-InternetofThings 2-Bigdata Intramachinecommunication UtilizationofCloudbasedinfrastructure 5-Digitalcurrenciesetc. HowisROBOTICSPROCESSAUTOMATIONanintegralpart ofDigitaltransformation? Whatchangesdoesthisdigitaltransformationbringand howisROBOTICSPROCESSAUTOMATIONbenefittingit? AreaswhereROBOTICSPROCESSAUTOMATIONhelporganizations- 1-Inreducingworkforce 2-Inimprovingquality 3-Inincreasingproductivity 4-Lessertimetomarket Ifweconsideraboveareaswecanseethesearethekeyobjectiveof adigitallytransformedunit. ROBOTICSPROCESSAUTOMATIONhasbecomeadecidingfactor withinorganizations,togetaheadintherace.Itisbeingusedin variousindustriesbackendprocesseslike- Banking Healthcare

  3. 3-Traveletc. SampleUsecasesofInsurancedomain 1.InsurancePolicyCancellation UsingROBOTICSPROCESSAUTOMATIONintheinsurancecompanies hasmadeitbetterthecancellationprocessesconsiderably. Cancellationcanbedoneinjustone-fourthofthetimeforthesame transactionswithROBOTICSPROCESSAUTOMATIONinplace. Someofthecommoncasesofcancellation- Defaulterofpremium,whichmakespolicytogetautocancel Customerchoosestoopt-outofexistingpolicy 2.InsuranceFormRegistration The form registration process can be enriched well with ROBOTICS PROCESSAUTOMATIONimplementationanditneedsonly30-40%of thetimeandeffortofabouthalfthenumberofstaffs. Therearevariousbackendformswhicharerequiredtobefilledwhen a new policy is being purchases, such form filling or registration can be done using ROBOTICS PROCESS AUTOMATION bots. There is minimaltonohumanintelligenceisrequiredforsuchcases SampleusecasesofTraveldomain– 1.CancellationofTicket Intravelindustrytherearevariousbackendofficeprocessesare there,thereisacompleteset-upofbackendexecutivethattake care of operations.Cancellation / Refund and reconciliation are major process which happen in a day to day basis, if ROBOTICS PROCESSAUTOMATIONisbeingimplementedatsuchstage.

  4. 2.TravelClaimsProcessing Thereisaclaimprocessingprocesses,whichvariousairlineshave introduced for their goods which travellers keep in their bag and baggage, all the checked in bags are falls under such insurance. Althoughit’snotcommonbutquiteafewairlinesusetooffersuch insurance. Claimsraisedforsuchinsurancearemostlythirdpartyandinorder to process it various activities of form filling is required, therefore ROBOTICS PROCESS AUTOMATION bots can play a major role in reducingmanualprocessing To conclude, optimization is a necessary element we require once afterfinaldesignofanyIT/ITEStask,ROBOTICSPROCESS AUTOMATION plays a vital role in optimizing it in terms of time, quality and efficiency. On the basis of various surveys and reports, ROBOTICS PROCESS AUTOMATIONwillgrowupto2-3$BUSDvalueinnext4-5yearsor maybemoreinvalue,andwillhelpinthedigitaltransformationof organizationsandwillhelptosavethemuchbiggervalue($). Digital transformation requires ROBOTICS PROCESS AUTOMATION to achieveaboveoptimizationsothatOrganisationscanaddvalueto theirrespectivebusinesses. DevLabs Alliance is powering ROBOTICS PROCESS AUTOMATION by providingonROBOTICSPROCESSAUTOMATIONconceptsandhands onexcercisesusingUiPathtool.UiPathisthepreferredtrainingtool ofDevLabsAlliance.

More Related