{"id":9923,"date":"2020-06-01T07:00:00","date_gmt":"2020-06-01T15:00:00","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=9923"},"modified":"2020-04-02T08:09:50","modified_gmt":"2020-04-02T16:09:50","slug":"rpa-hyperautomation-top-strategic-technology-trend-in-2020","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/rpa-hyperautomation-top-strategic-technology-trend-in-2020\/","title":{"rendered":"RPA: Hyperautomation Tops Strategic Technology Trends in 2020"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Robotic Process Automation (RPA) is the use of software robots to take on repetitive business workflow.  The types of tasks involved are often things like copying data between different systems, validating data that&#8217;s been entered, or scoring applications.  After initial successes with automating repetitive tasks, businesses are going one step further to also automate data collection, forecasting and decision making.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Adoption of RPA in enterprises have been approaching annual growth rates of nearly 100 percent, <a href=\"https:\/\/www2.everestgrp.com\/reportaction\/EGR-2019-38-R-3340\/Marketing?_ga=2.81303774.893438223.1581092160-1477190035.1581092160\">according to research by the Everest Group<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What&#8217;s causing the rapid growth?<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Value <\/strong>&#8211; Automation reduces the staff hours required to perform tasks and often increases accuracy and throughput.<\/li><li><strong>Cost Savings<\/strong> &#8211; Estimates are that RPA can result in cost savings of more than 40 percent.<\/li><li><strong>Competitive Advantage<\/strong> &#8211; Using RPA can help businesses to be able to get to market quicker and scale their business faster.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"> <a href=\"https:\/\/www.danilomcgarry.com\/\">Danilo McGarry<\/a>,  automation manager at  UnitedHealth Group, <a href=\"https:\/\/www.raconteur.net\/technology\/c-suite-rpa\">said that<\/a> &#8220;the CEO can utilize RPA as a fundamental transformational tool which gives them a significant competitor advantage. CEOs face the difficult challenge of knowing how to set the right expectations at board level in terms of targets for savings for the year; a significant RPA program can affect the share price of a company.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.gartner.com\/smarterwithgartner\/gartner-top-10-strategic-technology-trends-for-2020\/\">Gartner named hyperautomation<\/a> is the number one strategic technology trend for 2020.  <a href=\"https:\/\/www.uipath.com\/blog\/are-you-ready-for-hyperautomation\">Gartner predicts that<\/a> &#8220;by 2024, organizations will lower operational costs by 30 percent by combining hyperautomation technologies with redesigned operational processes.&#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%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%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%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/reddit.png\" alt=\"Reddit This\" title=\"Reddit This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.stumbleupon.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/stumbleupon.png\" alt=\"Stumble Now!\" title=\"Stumble Now!\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/buzz.yahoo.com\/buzz?targetUrl=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F&amp;headline=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/yahoo_buzz.png\" alt=\"Buzz This\" title=\"Buzz This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.dzone.com\/links\/add.html?title=&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/dzone.png\" alt=\"Vote on DZone\" title=\"Vote on DZone\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.facebook.com\/sharer.php?t=&amp;u=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/facebook.png\" alt=\"Share on Facebook\" title=\"Share on Facebook\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/delicious.com\/save?title=&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/delicious.png\" alt=\"Bookmark this on Delicious\" title=\"Bookmark this on Delicious\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.dotnetkicks.com\/kick\/?title=&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/dotnetkicks.png\" alt=\"Kick It on DotNetKicks.com\" title=\"Kick It on DotNetKicks.com\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/dotnetshoutout.com\/Submit?title=&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/dotnetshoutout.png\" alt=\"Shout it\" title=\"Shout it\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F&amp;title=&amp;summary=&amp;source=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/linkedin.png\" alt=\"Share on LinkedIn\" title=\"Share on LinkedIn\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.technorati.com\/faves?add=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/technorati.png\" alt=\"Bookmark this on Technorati\" title=\"Bookmark this on Technorati\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/twitter.com\/home?status=Reading+https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/twitter.png\" alt=\"Post on Twitter\" title=\"Post on Twitter\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.google.com\/buzz\/post?url=https%3A%2F%2Fformtek.com%2Fblog%2Frpa-hyperautomation-top-strategic-technology-trend-in-2020%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/google_buzz.png\" alt=\"Google Buzz (aka. Google Reader)\" title=\"Google Buzz (aka. Google Reader)\" \/><\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Robotic Process Automation (RPA) is the use of software robots to take on repetitive business workflow. The types of tasks involved are often things like copying data between different systems, validating data that&#8217;s been entered, or scoring applications. After initial<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/rpa-hyperautomation-top-strategic-technology-trend-in-2020\/\">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":[73],"tags":[],"class_list":["post-9923","post","type-post","status-publish","format-standard","hentry","category-robotic-process-automation"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/9923","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=9923"}],"version-history":[{"count":3,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/9923\/revisions"}],"predecessor-version":[{"id":9926,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/9923\/revisions\/9926"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=9923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=9923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=9923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}