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DM Jan-Feb 2021

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ROUNDTABLE: <strong>2021</strong> PREDICTIONS Dm<br />

"CONTENT MANAGEMENT AND DATA MANAGEMENT HAVE BECOME<br />

COMMODITIES. THE VALUE THAT BUSINESSES WILL BE LOOKING FOR IN<br />

THEIR SYSTEMS IS TO BE ABLE TO STEP THROUGH THEIR ENTIRE BUSINESS<br />

PROCESS, REGARDLESS OF WHETHER INDIVIDUAL STEPS INVOLVE<br />

CONTENT OR DATA - AND TO DO SO IN AS FEW DIFFERENT<br />

SYSTEMS/USER INTERFACES AS POSSIBLE." - MAX KELLEHER, GENERIS<br />

become seamless - and this will be<br />

helped by commoditisation of this<br />

technology with initiatives like Project<br />

Cortex from Microsoft."<br />

AUTOMATION FOR THE PEOPLE<br />

Alongside AI, RPA was one of the topics<br />

we returned to again and again<br />

throughout 2020, so it was no surprise to<br />

see it feature in the thoughts of many of<br />

our panel. Amanda Holmes of Kodak<br />

Alaris said: "Intelligent capture in<br />

combination with RPA will be particularly<br />

powerful in areas such as finance, IT,<br />

operations and information governance<br />

that have large process volumes and<br />

amounts of unstructured information and<br />

content tied to critical processes. RPA<br />

technologies which can automate<br />

repeatable processes, uncover efficiencies<br />

and provide insights, will make the path<br />

to digital transformation faster and more<br />

cost-effective, enabling companies to take<br />

information capture to the next level, by<br />

making total automation and paper-free<br />

processes a business reality."<br />

Hyland's Tim Hood agrees: "Any<br />

organisation that isn't using RPA is missing<br />

out on serious automation quick wins.<br />

The pandemic gave companies added<br />

motivation to automate in general,<br />

especially around mundane tasks, the type<br />

that are in RPA's wheelhouse. Even those<br />

with an automation solution in place with<br />

traditional tools like workflow, will benefit<br />

from the 'automation extension' provided<br />

by RPA. A typical use case is integrating<br />

with an otherwise inaccessible application<br />

to copy and paste data from one system<br />

to another. The future of RPA will have<br />

self-learning bots with the integration of<br />

AI, especially machine learning. Systems<br />

and bots will learn from previous<br />

decisions to handle more and more rulesbased<br />

processes independently. "<br />

Liz Benson of Kofax expands on this<br />

theme: "RPA has caught on like wildfire,<br />

because it made automating routine,<br />

mundane tasks fast, easy and dare I say,<br />

fun. It made motivation-killing work like<br />

monotonous, cut-and-paste data entry a<br />

drudgery of the past. Where does RPA go<br />

from here? It's all about workflow." She<br />

goes on: "For savvy companies, <strong>2021</strong> is<br />

about harnessing their RPA automation<br />

expertise - and leveraging it with<br />

complementary technologies like process<br />

orchestration and document intelligence<br />

to automate their mission-critical<br />

business workflows."<br />

For some, the idea that certain<br />

technologies are on the verge of being<br />

seen as commoditised is not limited to<br />

emerging tech such as AI and RPA.<br />

Generis' Max Kelleher again: "Content<br />

Management and Data Management<br />

have become commodities. The value<br />

that businesses will be looking for in their<br />

systems is to be able to step through their<br />

entire business process, regardless of<br />

whether individual steps involve content<br />

or data - and to do so in as few different<br />

systems/user interfaces as possible:<br />

meaning a true enterprise workspace is<br />

the shape of the future, not as an empty<br />

phrase but really as a space to do all your<br />

work. The lines between content and<br />

data will become increasingly blurred: it<br />

will be essential to be able to extract data<br />

from documents, manipulate and<br />

manage the data through complete<br />

workflows and lifecycles, and then build<br />

documents from data."<br />

PFU's Mike Nelson sums up the general<br />

view of most of our experts: "Solely<br />

embracing digital technologies will not<br />

help businesses adapt to the new normal.<br />

A significant 86% of decision-makers say<br />

that managing the amount of<br />

information in their business is a<br />

challenge, and almost a quarter cited<br />

inaccurate decision making and lost<br />

documents as a result of 'information<br />

overload'. Therefore in <strong>2021</strong> we expect to<br />

see more organisations look to harness<br />

their collective organisational intelligence,<br />

breaking down silos and creating<br />

opportunities for the document<br />

management industry as a result."<br />

www.document-manager.com<br />

<strong>Jan</strong>uary/<strong>Feb</strong>ruary <strong>2021</strong><br />

@<strong>DM</strong>MagAndAwards<br />

9

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