5 Trends In Automation To Watch Out For In 2023
CXOtoday.com, January 19th, 2023
Post pandemic, automation has been making big waves across the globe in transforming businesses and making significant impact on the organization's growth and development cycle.
Automation trends such as intelligent automation, hyper-automation, chatbots, etc. are being extensively used by businesses to process huge volume of data, automate business operations, and make them faster and more efficient. Changing customer needs have led enterprises to double down on their delivery efforts - with a renewed focus on operational efficiency, productivity, and resilience.
A recent Deloitte report states that 53% of organizations have already started implementing robotic process automation (RPA). Furthermore, Gartner forecasts that, by 2024, hyper-automation will allow organizations to lower operational costs by 30 percent. By 2025, the market for hyper-automation software will hit nearly $860 billion.