How is Intelligent Automation disrupting Business (Analytics)

Intelligent Automation Crenov8 Analytics

Intelligent automation would take on a much more significant role in a post-pandemic ecosystem.

If 2020 has taught businesses one thing, it is the importance of building resilient businesses that can adapt to business challenges.

Intelligent automation (IA) is the key of process streamlining and redundancy reduction in a rapidly global economy.

In essence, automation allows time to take on more complicated tasks to ensure high-quality service.

Also, automation helps reduce costs and enhance solutions to clients.

Intelligent automation, however, has captured the attention and curiosity of the business world in the last few years.

Basically, IA is a fusion of artificial intelligence and automation

Almost every industry is transforming the way companies operate.

Moreover, Businesses are using IA to generate and process a large amount of data, automate end-to-end operations to make performing tasks and more effective.

Productivity improvements and quicker path to value have always been enticing automation features.

But now that corporations are having difficulties to restart their businesses and recover traction after the devastating hit of the pandemic, IA are much more critical.

Therefore, we need creative ways to address these challenges, and automation is high on the list.

Here are some stats that indicate how IA is disrupting businesses;

Today’s technology can automate 45%  of current paid activities.

84% of managers and analysts say that is IA will allow them to gain competitive advantage.

72% of decision-makers claim that IA would allow employees to concentrate on more critical tasks.

With IA, 60% of occupations could save 30% of their time.

49% of businesses use marketing automation at present.

IA will produce a labor value of $134 billion by 2022.

CEOs spend about 20% of their time on tasks that can be automated.

Poor data costs  organizations about $600 billion a year .

80% of users said their leads increased significantly with marketing automation, and 77% said their conversion improved.

By 2021, 85% of customer services will be automated.

98% of IT leaders say automating business processes is vital to driving business benefits.

In conclusion;

However, not only can automation support in our current needs, such as cost-cutting measures in this period of financial instability, but it can also create business resilience and minimize risks.

in addition, IA technologies are being adopted at an increasing rate across enterprises, resulting in significant cost savings and improvements in efficiency.

 

Read more on Crenov8;

Benefits of using Artificial Intelligence (AI) and data to handle business risks.

Why should your Organization invest in Data Analytics in 2021?

Big Data Analytics stats your Organization needs to know

 


Leave a Reply

Don’t worry! Your email address will not be published.