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The global robotic process automation (RPA) market size is expected to reach USD 3.97 billion by 2025, according to a new study by Grand View Research, Inc. It is estimated to expand at a CAGR of 31.1% over the forecast period.*<br>
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Contents About Us What is RPA? The RPA Market Top RPA Trends RPA solutions and offerings
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What is RPA? • RPA is all about automating repetitive and mundane tasks to reduce human efforts. • It is a process that imitates humans to perform a sequence of steps to generate valuable output.
The RPA Market • The global robotic process automation (RPA) market size is expected to reach USD 3.97 billion by 2025, according to a new study by Grand View Research, Inc. It is estimated to expand at a CAGR of 31.1% over the forecast period.* • Gartner estimates that by the end of 2022, 85 percent of large and very large organizations will have deployed some form of RPA software.* *https://www.grandviewresearch.com/press-release/global-robotic-process-automation-rpa-market *https://www.i-scoop.eu/robotic-process-automation-rpa/rpa-software-spending-gartner-2022/
Top 5 RPA Trends #1 Advancement in AI and ML #2 RPA integration with other tools #3 Elevation of Chatbots #4 Attended Bots #5 RPA Implementations
Advancement in AI and ML • RPA is a digital workforce of Machine Learning and Artificial Intelligence. • RPA helps in providing solutions to natural language voice interaction, image recognition and fuzzy logic. • AI and ML are two cognitive technologies that can increase the ROI of an enterprise.
RPA integration with other tools • Centre of Excellence is one of the most successful implementations of RPA initiatives. • It is accountable for classifying, distributing and practicing innovations in RPA.
Elevation of Chatbots • The Demand of Chatbots and voice enabled processes is increased due to a rise in customer’s conversational interface usage. • The growth of chatbots has enhanced the use of cognitive technologies. • Chatbots in the customer service segment is expected to be the fastest growing market segment during forecast period 2019-2026 with a CAGR of 31.6%.* * https://www.globenewswire.com/news-release/2019/08/26/1906677/0/en/Chatbot-Market-To-Reach-USD-10-08-Billion-By-2026- Reports-And-Data.html
Attended Bots • When we talk about RPA it’s mandatory to mention about the bots. • Attended Bots function with humans and make their work easier.
RPA Implementation • Cognitive Automation using AI/ML • Bot Development • Workflow Orchestration and Governance • Rollout Validation and Planning • Business Continuity and Scaling
RPA Solutions and Offerings • RPA Consulting • Workflow Automation & Designing • RPA Implementation • Automation Monitoring and Support
Cygnet’s dedicated RPA solution task force backed by a technology-first approach enables your workforce to utilize their skills where they’re needed the most - Innovation and Creativity. The scalable architecture of efficiently augmented digital operations guarantees rapid growth.
Technology First People Quality Adaptable & Flexible in order to serve customers irrespective of their domain Teams with strong understanding of ethos & culture, fully capable of mitigating risk Progressive Testing Rapid Productization The CygnetAdvantage Proven track record of meeting best-in-class quality standard with in-house testing product ‘Testing Whiz’ Partnering with you at each engagement level, right from ideation to UAT 100% Agile Scalable Architecture More aligned, higher autonomy to deliver high quality enterprise applications Engineering for the future, today
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