Smart Industry 2/2018
Smart Industry 2/2018 - The IoT Business Magazine - powered by Avnet Silica
Smart Industry 2/2018 - The IoT Business Magazine - powered by Avnet Silica
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are so quick,” he says. Large independent<br />
software vendors such as Microsoft<br />
and Oracle are also anxious to put<br />
RPA into their platforms because of<br />
its inherent value but also because it<br />
opens doors to new buyers. “We are<br />
dealing with operators at different<br />
levels and also cutting across so many<br />
industries so they see it as a route to<br />
new markets,” Kirkwood explains. Last<br />
year UI Path did a deal with Oracle<br />
whereby UI Path is built into their<br />
cloud business. For anyone buying<br />
Oracle cloud, the software robots are<br />
already there, waiting to be switched<br />
on. And, Kirkwood notes, his company<br />
is discussing building UI Path into<br />
Microsoft Dynamics – the mid-market<br />
ERP offering.<br />
RPA adoption potential by buyer industry and function<br />
Function F&A Procurement Human resource Contact center<br />
<strong>Industry</strong><br />
Banking &<br />
financial services<br />
Insurance<br />
Healtcare<br />
Manufacturing<br />
Hi-tech &<br />
telecom<br />
Energy &<br />
utikities<br />
Accounts receivable,<br />
accounts payable,<br />
general ledger<br />
Invoice processing,<br />
requisition-topurchase<br />
order<br />
Payroll. hiring,<br />
candidate<br />
management<br />
Customer service<br />
<strong>Industry</strong>-specific<br />
processes<br />
Cards activation<br />
Frauds claims discovery<br />
Claims processing<br />
New business preparation<br />
Reports automation<br />
System reconciliation<br />
Bills of material (BOM)<br />
generation<br />
Service order<br />
management<br />
Quality reporting<br />
Account setup<br />
Meter-reading validation<br />
photo ©: Everest Group<br />
Looking ahead<br />
What does the future hold for more<br />
fully integrating information flows<br />
across businesses – from IoT and robots<br />
to business functions such as<br />
planning, billing, inventory management,<br />
and marketing? Where is RPA<br />
starting to have an impact?<br />
The answers are not yet clear. However,<br />
notes Chang, both automation and<br />
overall business processes will need<br />
to improve and transform to accommodate<br />
the increased demand from<br />
consumers. In today’s market, “the<br />
Potential for RPA<br />
Low High Illustrative processes with higher potential<br />
High potential<br />
Areas and industries<br />
where RPA can make<br />
the biggest difference<br />
according to analyst<br />
firm Everest Group.<br />
customer is the most disruptive force<br />
and the most influential driver behind<br />
product design, development, and delivery,”<br />
he says. To remain competitive<br />
in their respective markets, manufacturers<br />
will be required to implement<br />
an integrated system that includes a<br />
customer-facing platform, he says.<br />
“At the end of the day, RPA is about<br />
processes – analyzing them, understanding<br />
them, and then automating<br />
them,” says Harel Tayeb, CEO of RPA<br />
vendor Kryon. He says RPA’s interaction<br />
with IoT is fascinating because,<br />
as the everyday objects with which<br />
we interact become “smart,” the types<br />
of processes and the quantity grow<br />
exponentially. “Think of what you<br />
can do with the programs on only<br />
a desktop computer compared to a<br />
world in which our houses can be programmed,<br />
our cars, our lives,” he says.<br />
“It opens up an entirely new range of<br />
opportunities for RPA, which is exciting<br />
on a consumer level as well as a<br />
developer level,” Tayeb adds.<br />
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