Get to Know Hyperautomation, The Future Technology for Streamlining Work Process

Nowadays, people always look for ‘future technology' to help reduce time, simplify processes, and increase effectiveness for their work and businesses. Hyperautomation is a technology that can fulfill those needs.

The concept of automation began during the Industrial Revolution and has been persisting until today. It started with the use of a machine to facilitate human work, especially labor-intensive production. The machine helps ease the processes. Advance in technology in the present day leads to the creation of robotics – in both the real and virtual world. Robots can help finish some repetitive tasks.

This article will introduce you to hyperautomation, the advanced automation technology. The term is relatively new, but it has become a trend everyone is enthusiastic about.

What is Hyperautomation? Get to Know This Future Technology

‘Hyperautomation was first mentioned in an analysis by Gartner, a research and consultancy company. Its publication ‘Top Strategic Technology Trend 2020’ ranked upcoming technologies. After its release, the term ‘hyperautomation’ has been widely used.

Hyperautomation is the combination between RPA (Robotic Process Automation) and IPA (Intelligent Process Automation). The result is a technology that could make certain decisions without human input.

You might already be familiar with RPA. It includes software robots, or bots, who automate tasks. But those bots lack the capabilities to make complex decisions. IPA fills in the decision-making capacity. Together, they become hyperautomation, driving technological capabilities to the next level.

Hyperautomation is not simply a piece of software, app, or technology. It is a framework to build your working processes on. Each process will then be automated completely. This video will provide in-depth knowledge of hyperautomation.

Harvard Business Review’s survey during the COVID-19 pandemic found that 91% of businesses want to accelerate their digital transformation to quickly drive growth. This means the world is looking for technologies to help drive them forwards. Hyperautomation is a technology people are watching. Annual growth of hyperautomation software proves that hyperautomation truly benefits organisations so they want more and more of it. 

How Does Hyperautomation Reduce Work Processes?

’50-70% of tasks within each organisation can be automated. Repetitive and low-skilled tasks come in high volume. Your people take too much time to complete them daily, resulting in excessive costs, time consumed, and manpower. 

With hyperautomation, you can save considerable amounts of time, costs, and manpower. Some work processes may even be eliminated. Hyperautomation is designed to help an organisation become automation-driven in the most effective manner. Hyperautomation is not just another simple tool to help you work. Organisations adopting hyperautomation are suggested to recruit the assistance of experts to ensure a successful transition.

To implement hyperautomation, an organisation needs to lay out, analyse, plan, and choose tasks that can be automated. In the bigger picture, the organisation’s IT strategy must be in line with those tasks. After implementation, data can be collected and processed. Then, use it to continuously improve processes. 

If your organisation incorporates hyperautomation concept into planning and work processes, you will have an ecosystem in which hyperautomation works in full swing. There will be parts that do not need human input, making your jobs easier.

Which Businesses Can Adopt Hyperautomation?

There are several businesses and industries that can enjoy the benefits of hyperautomation or RPA. They include

• BPO (Business Process Outsourcing)
• Financial & Banking
• Insurance
• Telecom
• Manufacturing
• BPA (Business Process Automation)
• Retail & CPG (Consumer Packaged Goods)
• Public Factor
• Health Care

Benefits of Hyperautomation, A Future Technology

Hyperautomation always meets your business’s needs. It enhances your organisation’s capabilities and productivity. Its ability to continuously update itself is a feature that gives you flexibility in today’s volatile world. 

In addition, businesses can benefit from hyperautomation framework incorporating strategies, processes, concepts, and technologies (RPA and automation tools). 

1. Increased Effectiveness of Work Processes

Businesses adopting hyperautomation will see an overall improvement in work processes. Tasks and manpower will be streamlined. Your personnel can focus on tasks with more values.

2. Faster Work Processes

Hyperautomation combines multiple RPA and automation tools. These technologies can reduce working time by 25% RPA can turn a 15-hour task into a quick 20-minute task. Hyperautomation can also work 24/7.

3. Reduced Long-Run Costs and Increased Profits

An interesting survey from Pwc shows that the adoption of RPA during 2020 helped reduce labor costs worldwide by 2 trillion dollars yearly. Deloitte Global RPA Survey also shows that businesses adopting automation tools or RPA can make profits 2-4 times higher because RPA makes tasks more effective, more productive, and faster.

4. Reduced Human Errors

AI can make your tasks error-free whilst humans can still make some mistakes. Hyperautomation helps prevent negative effects from human errors.

5. Increased Agility and Effective Management of Resources

When your employees do not need to waste time on non-essential tasks, they have more time to focus on analysis, strategic planning, creativity, or service orientation. This leads to more effective human resource allocation and helps prevent labor shortages.

Summary

We cannot deny that hyperautomation is a future technology that resonates with modern businesses. Hyperautomation is not a simple piece of software or technology. It is an integration of technologies to help automate tasks and to help make certain decisions. If you are a business owner, hyperautomation is a solution that helps reduce work processes and streamline tasks whilst driving effectiveness and ROI in the long run. How about you? Ready to work intelligently with this technology?