Intelligent Automation is a balanced combination of Robotic Process Automation (RPA) that has machine learning and analytics at its back end. This helps Intelligent Automation systems process large amounts of data in a short span of time to report and predict future outcomes for businesses. Intelligent Business Automation thus plays a crucial role in enhancing and delivering business capabilities in the current ever-growing marketing and technology landscape.
Today, self-driving cars, face detection and recognition, search and recommendation systems, chatbots, are all possible and powered by Intelligent Automation systems. These systems can handle every type of data available in our current market scenario, from basic numeric, textual data and image data. Intelligent Automation systems are more precise, reduce human error otherwise involved and output results in short amounts of time. Over time the systems learn from data and predict automatically. Given below are a few examples of efficient use of Intelligent Automation systems:
Document Intelligence
Document Intelligence is a new cloud-based solution which adds machine learning to a combination of Robotic Process Automation (RPA) and Optical Character Recognition (OCR) to give more precise predictions based on structured and unstructured input. These predictions or decisions help business transform tough credit risk processes that previously relied on human analysis.
Improving Compliance
In due course of time, the landscape of various businesses will drastically change due to Intelligent Automation systems. The quick and upward growth of technology, the new ways in which Artificial Intelligence is used to solve basic and complex problems. With the use of more precise data, artificial intelligence will be able to solve compliance-related issues swiftly. Compliance alert systems will alert the organization or false positives. Ensuring a greater degree of efficiency and optimal business solutions.
Cyber Security
With the growth in technology comes the need to secure various business assets. Intelligent Automation systems help notice anomalies and take precautionary measures to protect these assets. This artificial intelligence and machine learning techniques like image processing are swift and reduce human error significantly. In the near future, Intelligent Automation systems will become necessary for every business to safeguard their devices and assets.
Customer Communication Management
Intelligent Automation systems help to manufacture and selling businesses communicate and keep in touch with their customers. From timely mailers with new product unveils, offers and updates. They also help the purchase processes from payment notifications, order status update, delivery and storage. Customer Communication Management facilitates businesses to improve their business strategy ensuring significant cost reduction and customer loyalty.
Significant Cost Reduction
Intelligent Automation systems help various organizations solve their business problems by reducing the cost incurred by human error especially in the fields of medicine, manufacturing, etc. Decreased time taken for different stages of manufacturing like production and delivery and other branches of their business have shown a significant boost in business efficiency and thus customer surge. Businesses now lean on Artificial Intelligence of Intelligent Automation systems to guarantee quality output at a significant reduction in cost.
Using Intelligent Automation delivers critical capabilities to business and gives it a sizable leg-up in today’s competitive market.
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Sources:
https://www2.deloitte.com/content/dam/Deloitte/tw/Documents/strategy/tw-Automation-with-intelligence.pdf
https://www.accenture.com/_acnmedia/PDF-71/Accenture-Procurements-Next-Frontier-PDF.pdf
