{"id":6626,"date":"2016-09-09T07:00:17","date_gmt":"2016-09-09T15:00:17","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=6626"},"modified":"2016-08-10T07:14:07","modified_gmt":"2016-08-10T15:14:07","slug":"robotic-process-automation-rpa","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/robotic-process-automation-rpa\/","title":{"rendered":"Robotic Process Automation (RPA): Re-imaging Both Humans and Robots in Business Processes"},"content":{"rendered":"<p>Automating the repeatable is the goal of robotic process automation (RPA). \u00a0RPA involves building and programming\u00a0robots to do common repetitive tasks. \u00a0A report by <a href=\"http:\/\/www.openpr.com\/news\/355063\/Global-IT-Robotic-Automation-Market-Increased-Efficiency-and-Cost-Benefits-Lead-to-Wide-Usage-of-Robotic-Automation-Market-to-Develop-at-60-5-CAGR-during-2014-2020.html\">Transparency Market Research<\/a> estimates that the RPA market is growing at an annual rate of 60 percent. \u00a0By 2020 the global IT Robotic Automation Market is expected to reach $5 billion.<\/p>\n<p>Businesses that have implemented or will implement RPA within the next 12 months, according to a survey by <a href=\"http:\/\/www.blueprism.com\/6430\">BluePrism<\/a>, say that their plans for RPA include:<\/p>\n<ul>\n<li>Robotic automation of manual data entry (97 percent)<\/li>\n<li>Understanding of basic financial processes (52 percent)<\/li>\n<li>Rolling out end-to-end robotic processing that can completely replace humans (51 percent)<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.redwood.com\/blog\/category\/sap-2\">Neil Kinson<\/a>, chief of staff at Redwood Software, <a href=\"http:\/\/roboticsandautomationnews.com\/2016\/07\/14\/does-anyone-care-to-understand-robotic-process-automation\/6146\/\">said that<\/a> &#8220;when we talk about robotics, we are no longer talking about plugging in \u2018dumb\u2019 machines to mimic human activity at the user level, but integrating smart technology with built-in understanding of the end-to-end process and best practice. \u00a0However, for as long we remain fixated on the idea that robots replace humans \u2013 rather than re-imagine processes \u2013 businesses will be led to miss the true potential of robotic automation.&#8221;<\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Frobotic-process-automation-rpa%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Frobotic-process-automation-rpa%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" 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Google Reader)\" \/><\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Automating the repeatable is the goal of robotic process automation (RPA). \u00a0RPA involves building and programming\u00a0robots to do common repetitive tasks. \u00a0A report by Transparency Market Research estimates that the RPA market is growing at an annual rate of 60<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/robotic-process-automation-rpa\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54],"tags":[],"class_list":["post-6626","post","type-post","status-publish","format-standard","hentry","category-robotics"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/6626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=6626"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/6626\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=6626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=6626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=6626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}