Thinking of RPA implementation? Read this to know more on how UiPath can assist in your strategy
Tags: python, java, aws, agile
Published: 2020-04-02 13:29:09

Are you ready to seize the opportunities that will arise as we move into this automated era?

To enhancing your business potential, automation of business & operational processes is one kay factor to look upon. With minimal initial investment, it provides quick organizational benefits. This happens without creating any type of disruption in the underlying systems. There are multiple of traditional solutions that does this approach. However, not all of them can perform as successful as RPA implementation.

The purpose of this article is to provide a clear overview of how UiPath blends with RPA and outcome of it. RPA is deployed across industries to automate many different types of processes to meet specific requirements and strategies ranging from improving individual worker productivity, to automating end-to-end tasks and workflow scheduling/queuing, to automating more complicated rules-based processes with some built-in decision making in the live environment. Today Enterprise RPA integrated with AI technologies including machine learning and natural language processing provide more capability to handle even unstructured data of a process.

Robotic Process Automation is a game-changing technology that helps to automate high-volume, repeatable tasks taking up a large percentage of human time. RPA software is here to automate white-collar work. Let's take this opportunity to prepare our self for the future of work! Robotic Process Automation is a technology that makes computer software equipped with bots and performs tasks by emulating actions made by humans. RPA is primarily used for executing predictable, repetitive and high-volume activities, RPA works in an organized and systematic manner by capturing data, interpreting responses and communicating with other devices.

Why UiPath?
UiPath is a tool which is used for windows desktop automation. UiPath is used to eliminate human intervention and automate repetitive/redundant tasks. The tool has a drag and drop functionality of activities and simple to use. The UiPath Platform delivers rapid automation of manual, rules-based, repetitive processes. For business and government organizations all over the world UiPath is been used to automate millions of tasks — improving productivity, customer experience, and employee job satisfaction.

Three robust components power the UiPath platform:
1. UiPath Studio (Digitize the Process) - an advanced tool that enables you to design automation processes in a visual manner, through diagrams.
2. UiPath Orchestrator (Deploy, Manage, and Monitor) - a web application that enables you to deploy, schedule, monitor and manage Robots and processes, while business exception handling is available through centralized work queues.
3. UiPath Robot (Execute Automations) - executes the processes built-in Studio, as a human would. Robots can work unattended (run without human supervision in any environment, be it virtual or not) or as assistants (a human triggers the process).

The UiPath Platform components work together seamlessly to deliver unmatched, innovative, end-to-end solutions that give you a competitive edge in performance, cost, and user experience.
 
Key area focus:

Visual Understanding
Recognize and complete UI elements with human-like precision, lowering the need for technical selectors or APIs and maintaining automation robustness even after software upgrades.

Document Understanding
Develop insight into new sources of unstructured data including invoice extraction and processing as well as template-less processing of receipts and expenses.

Process Understanding
To automatically discover and learn common tasks and processes, observe user behavior. The automation opportunities are prioritized to identify processes based on expected ROI. Auto-generate Robot configurations based on design and with efficiency improvements.

Conversational Understanding
Analyze Sentiment of text, chat, and voice inputs, classify inputs in order to automatically route them to the right team, and execute requests and actions from ChatBots and Voice Assistants.

Comprehensive Benefits of UiPath:
Open: UiPath platform is open to learn, share, and collaborate. This platform offers hundreds of built-in, customizable, and deep integrations with the technologies you already use. There is over 200,000 community support available.

Rapid: This ecosystem is optimized for fast development and designed to deliver rapid ROI. In fact, 88% of UiPath deployments finish within 6 months or fewer. UiPath offers implementation support that's worldwide, certified training, and a vast network of partner integrators.

AI: To automate more, UiPath Robots are learning new AI skills. You can use out-of-the-box AI skills, source specialized AI skills from the ecosystem, or integrate your own AI skills. Seamlessly use these AI skills in your automation with UiPath drag-and-drop AI. More about UiPath RPA + AI.

Scalable: RPA at enterprise scale, can be deployed and managed any variety and number of processes from front-office to back-office, regardless of complexity.

Trusted: Trusted by huge number of commercial companies and 80+ government agencies, the UiPath platform includes the security and audit capabilities you need to simplify compliance with the regulations that matters.

According to Gartner, the RPA market will reach $1 billion by 2020. By that time, 40 percent of large enterprises will have adopted an RPA software tool as compared to today’s share of enterprises which is less than 10 percent.

A 2016 report by McKinsey and Co. predicts that the robotic process automation market could be worth $6.7 trillion by 2025. A global dairy company used RPA to automate the processing and validation of delivery claims, reduced goodwill write-offs by USD 7.1 million.