The term Hyperautomation first made an appearance in October 2019, as one of Gartner’s top 10 strategic technology trends for 2020. Since then the buzz surrounding it has only gained momentum and emerged as one of the most promising trends in recent times. Back when automation first made its foray onto the scene, many organizations felt hesitant to adopt it fearing change, costs involved, and loss of jobs. However, with technology evolution and tried-and-tested benefits of implementing these advancements in the business world becoming evident, enterprises are moving their practices into building smart, high-efficiency, people-centric workplaces.
As the dependency on technology and automation tools increases, so is the need to cope up with the ever-evolving tech landscape and stay abreast with the latest in the space. A step ahead of automation, hyperautomation is a potential growth opportunity for enterprises seeking to keep pace with the dynamic market and get a competitive edge. . Many tech leaders are hailing it as the future of work, and to a business, it’s not just a potential opportunity, rather an unavoidable change.
What is Hyperautomation?
Hyperautomation refers to the utilization of an ecosystem of advanced technologies such as artificial intelligence (AI), robotic process automation (RPA), among others to augment the utilization of human knowledge by automating tasks and processes. In simple words, hyperautomation takes a combination of technologically advanced tools and merges them to transform work.
Benefits of Hyperautomation:
1. Amplifies automation of work
With RPA, you can automate a set of redundant, repetitive tasks that make work easier, but with hyperautomation you can do much more. Hyperautomation assembles many components, tools and technologies to amplify the extent of automation you can apply to your enterprise, allowing you to get more work done.
2. Automated processes
Be it repetitive processes or those that involve knowledge, strategy and logical thinking, hyperautomation adds a greater extent of intelligence to RPA, enabling you to automate a large number of processes and minimize manual effort. This means that your workforce is freed to take up more critical, innovative work, leaving the rest to the combined prowess of Hyperautomation.
3. Fosters team collaboration
Hyperautomation connects everyone and everything. Right from your finance teams to your IT, it involves everyone as part of a novel transformation, connecting data, processes, and operations. The combination of RPA, intelligent tools, software robots interacts with users across all organizational core processes, making it easier for users to collaborate.
4. Improved productivity
Equipping your workforce with a more extensive toolset incorporating cutting-edge technologies and bringing in a greater degree of automation, empowers them to do more, for less. Hyperautomation eliminates bottlenecks across the chain of operations, optimizes processes, and weeds out time-consuming manual tasks, ensuring the workforce is more productive, driven, and motivated to take on work with a more positive and innovative approach.
5. Advanced analytics and insights
Businesses often fail to understand where the inefficiencies lie, what needs to be improved, and constantly optimize their processes for better returns. But to do so, business leaders need deep insights from their data that’s only possible by setting up advanced analytics capabilities. Hyperautomation can transform enterprises by helping them unleash the potential of data and help them derive insights that allow them to not only understand current business trends but also make predictions on future outcomes to make course corrections and refinements accordingly.
6. Increases business agility
Business agility implies the feasibility with which your business can grow and change as per the need. With hyperautomation, you can ensure limitless scalability for your enterprise. Layered together or working interdependently, intelligent automation tools make it easier for businesses to quickly adapt to the changing dynamics, uncover new opportunities, and evolve as required.
7. Better employee engagement and satisfaction
Hyperautmation elevates the quality of work and uses new-age technologies to smoothen manual work and ensures amplified employee contentment and satisfaction. It also involves everyone in contributing to digital transformation, right from program developers to business analysts that boosts workforce engagement and builds a more competitive and collaborative environment.
8. Improved data accessibility and storage
Hyperautomation is built on the premise of integrating software and processes, allowing seamless interaction between data storage and on-premise infrastructure. With multi-cloud/hybrid cloud becoming the new normal, integration of systems becomes an essential part of the transformation. This allows all systems to communicate effortlessly, thereby ensuring that all core systems are able to access data from the same centralized storage. Further, the addition of AI and machine learning in hyperautomation allows the creation of “digital twins” which are essentially virtual models of physical assets or processes.
9. Augments ROI
The end goal of any new initiative or transformation program is to bring about an enhancement in the current state and achieve better outcomes. With hyperautomation leading the wave of change in enterprises, it’s possible to deliver good ROI. For example, consider the automation of invoice processing. Instead of getting a bot to read and extract information, hyperautomation takes it a step further and automates the end-to-end multi-layered processes involved in invoice processing, which translates into better outcomes and delivers successful returns.
10. Ready for the future
Hyperautomation goes beyond RPA or just allowing a bot to execute a series of steps in a task. Rather, hyperautomation is future-ready enabling machines to read into business processes, understand how they work, aid in improving them, and constantly get better. This means that even years down the line, enterprises are ready for the future and do not run the risk of their technology infrastructure growing obsolete since hyperautomation evolves and grows with the enterprise.
Making the shift to hyperautomation:
With the right tools and technology, hyperautomation can augment work and advance sustainability, while also generating better outcomes and more returns. However, the challenge lies in gathering the right tools, combining them, and applying them successfully in a business environment. Hyperautomation certainly looks promising as the next logical step in the automation journey, but a clear understanding of the idea and proper execution is vital to harness its complete benefits. At Vuram, as a hyperautomation services company, we believe that this technology trend signals the next era for enterprises and now more than ever, there’s a need for companies to start adopting enterprise transformation strategies that leverage a combination of the latest hyperautomation tools and technologies.
Vuram leverages its expertise in BPM, RPA, Analytics, Document AI, OCR, and other technologies and its expertise in intelligent low-code automation to drive transformation in enterprises. If you’re unsure how to get started on your hyperautomation journey, we’re here to help! With a 100% customer success rate, we’ve helped many of our customers get real results and maximized outcomes with our solutions. Want to reap the benefits of hyperautomation?
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