How Intelligent Automation Differs from Hyperautomation?
Intelligence Automation and Hyperautomation: Juxtaposing the Two Types of Digital Automation
Automation is the only way to attain adaptability and efficiency in today's fast-paced corporate environment. IDC predicts that by 2022, the global economic effect of convergent AI-powered automation in all industry sectors and IT operations will be close to $3 trillion.
With professionals discussing the advantages of two kinds of computerized process automation - hyperautomation and intelligent automation - one of the common questions is the difference between them. Are they indistinguishable, or is there a distinction between these two principles and their advantages to businesses?
Intelligent automation (IA) and hyperautomation contribute to the widespread use of AI-driven automation systems and automation solutions in the corporate and IT environment. They both relate to automated processes used to simplify operations by incorporating sophisticated technologies and innovations into the process. As a result, these solutions help to increase the accuracy of automated outcomes and customer relations.
There are, nevertheless, significant distinctions.
Intelligent automation comprises three components: artificial intelligence (AI), robotic process automation (RPA), and machine learning (ML). Hyperautomation is a business-oriented, systematic method to identify, validate, and automate businesses and IT activities. As a result, hyperautomation projects often incorporate intelligent automation.
What is Intelligent Automation?
Intelligent automation is the application of automation technologies such as business process management (BPM), artificial intelligence (AI), robotic process automation (RPA), and machine learning (ML) to simplify and scale operations and decision-making across businesses.
In the industry, intelligent automation has gained a positive reception since it streamlines procedures, increases operational efficiency, saves employees time, and allows them to focus on more important tasks. It can also handle complex operations in real-time and radically simplify procedures, unleashing new opportunities for value creation and continuous development.
Benefits of Intelligent Automation
Intelligent automation uses machine intelligence and core automation technology to streamline corporate operations, resulting in efficiency and financial success. Organizations can use IA to perform the following:
● Cut costs by increasing the workforce and improving productivity
● Improve data analysis and data integrity and quality by implementing consistent procedures, methodologies, and Intelligent Business Process Management (IBPM).
● Enhance the client's experience by offering quicker response times, superior goods, and more precise responses to inquiries.
● Handle conformance and regulations with a standardized solution to security, monitoring, and other activities.
● Adapt to market and environmental shifts. (As a result of disruptions like the COVID-19 pandemic, changing markets and worker habits are a driving factor for transformation in many aspects of a business.)
Intelligent Automation in Action: A Practical Example
The US Department of Veterans Affairs is a prime illustration of digital transformation and intelligent automation in action. Hundreds of workers were necessary to sift mail and update records into databases to verify claims manually, which was a great load. This became error-prone and costly, like many human-intensive operations.
The department employed IA to automate its commercial operations with cutting-edge technologies such as RPA bots. Due to this strategy, the delivery time went down by 90%, allowing the company to save time while also better serving its clients.
Hyperautomation: An Overview
Hyperautomation is the act of digitalizing all the operations of a business. Its goal is to automate activities across an enterprise by utilizing intelligent process automation (IPA), including AI, RPA and other technologies that can function without human interaction.
Hyperautomation frequently leverages other technologies, including intelligent document processing (IDP), optical character recognition (OCR) and natural language processing (NLP), to enable better data-driven automation. Digital twins, also known as digital twin organizations (DTOs), are most helpful in modeling to optimize operations and examine the effectiveness of automation.
Benefits of Hyperautomation
Organizations that are trying to revolutionize their business might profit greatly. It automates manual procedures and eliminates repeated tasks to optimize corporate processes. Hyperautomation also allows a company to accomplish activities with more uniformity, precision, and speed while lowering expenses.
Finally, it helps drive digitalization by doing core business and technological processes. It enhances the user experience by delivering quick responses, more precise results, a shorter lead time, and a slew of additional benefits that directly influence the client experience.
Applications of Hyperautomation
Any business can profit from hyperautomation, especially one plagued by uneven product quality and wasteful procedures, or one in a competing climate where making headway with better products and more useful market connections corresponds to increasing market share and profitability.
A manufacturing business illustrates the scope and depth of gains that hyperautomation may bring to an organization. Business Process Automation (BPA) can employ this digital automation to simplify business-wide activities, such as billing, customer relations, stock and wages.
A business may understand its activities through process mining and discover which operations might benefit the most from AI technologies. In technology and fabrication processes, for instance, the application of RPA to digitize physical production and supply chain operations, in conjunction with BPA to tackle manufacturing industry standards, may have a significant impact on production speed and quality. Ultimately, hyper-automation utilizing RPA and BPA to simplify both front- and back-end processes increases value, efficiency and cost, substantially influencing the organization's long-term performance.
Knowledge Base Team
Knowledge Base Team
Knowledge Base Team
Knowledge Base Team
Explore More Special Offers
50,000 email package starts as low as USD 1.99, 120 short messages start at only USD 1.00