the RPA revolution that changed the tech landscape. If you want to learn more about how this RPA revolution impacts the tech industry and why it’s essential to understand how it works, keep reading.
RPA stands for Robotic Process Automation, and as the name suggests, it’s used to automate tasks. It uses Artificial Intelligence (AI) agents called software robots (bots) that can reproduce human actions to a certain extent – routine, monotonous actions. By using RPA, there is no need for humans to continue doing repetitive tasks irrespective of the industry in question.
Replacing human employees with bots completely changes the way in which a business operates. One of the greatest advantages is efficiency. Unlike human workers, bots don’t get tired and don’t need to take breaks. If humans tend to lose focus and get emotionally distressed, RPA maintains the same level of high accuracy and precision throughout the whole process.
However, replacing human employees with the help of RPA is merely meant to free them from tasks such as data entry. This way they can maintain their creativity and critical thinking. It is a win-win situation for both the company and its employees. With RPA it’s both quality and quantity, not just one of the two.
Robotic Process Automation is a vision for the future of business operations, not just a passing trend.
Living in a digital age creates a necessity for high adaptability levels. To be able to flourish and bring new and more impactful innovations, companies need to come up with solutions that allow their employees to cultivate their strategic and future-oriented way of thinking. And RPA does just that – it takes the burden of performing tasks that don’t require personal input, just consistency and accuracy.
Besides helping a company in terms of efficiency and employee satisfaction and productivity, RPA is cost-reducing. Statistics show that by employing software robots, the overall cost of operations decreases by 25-50%. Bots don’t have working hours, don’t take paid leaves, and don’t make money-consuming mistakes.
Does RPA negatively impact employment rates?
One common misconception is that RPA threatens people’s jobs and reduces the number of job listings. In reality, by using RPA for automating processes, the employees have been given different, more engaging tasks to do. According to studies, company employees don’t see bots as a threat, but as coworkers – they are not the competition but the collaborators.
When we say bots replace human workers, we mean that only in the sense of repetitive, monotonous tasks. In the other aspects, bots and humans work side by side. Bots have the purpose of helping humans, not replacing them. The consequence of robotic process automation implementation is greater productivity and efficiency by keeping the same number of employees.
In terms of impact on the population, RPA bots ensure greater customer satisfaction. A customer who is provided with faster and error-free services is bound to return to the same company and recommend it. At the same time, by freeing employees from routine processes, they can be more attentive toward customers – both customer and employee satisfaction.
2025 brings us new game-changing technologies to rave about. RPA is actively redefining the way in which businesses conduct their operations so they only thrive as we go forward. RPA revolution’s impact on the whole tech industry this year gives us a glimpse into the future – and we are so excited to witness this evolution.