This Article Was Written By A Computer

All I did is type in the title “How Robotic Process Automation Reduces Business Operating Costs” and less that 3 minutes later got the output you see below. By comparison the article I wrote and published earlier with the exact same title took over a day of research and writing. It would take significantly more time if was writing about an unfamiliar subject.

I present the computer written article exactly how I got it except for changing its format from .txt to Word.  This is one of about 20 articles on the subject of RPA the computer generated for me as I was experimenting with couple vendors and different title variations. The subject matter RPA was the same but I tried different words around it to see what comes out. This one is the best of the bunch. Here are my observations:

Pros:

  1. Speed. Can’t beat 3 min. Even if you run 10 versions it is still very fast.
  1. Better than Google search results which show partial meta descriptions only. This algorithm creates paragraphs representing complete messages/thoughts. No Google ads everywhere.
  1. Good source annotation. Each paragraph is annotated so you can expand on the information provided in the paragraph. I found some excellent articles this way. Great if you’re writing about a new subject.
  1. Good price. $50/mo gives you over 100 articles/mo. Want more, pay more.

Cons: 

  1. Repetitive messages. Multiple paragraphs say basically the same thing.
  1. Hard to read. Awkward sentences.
  1. Can produce nonsense. This article was written by the algorithm offered by http://ai-writer.com . I tried another company which produced great looking articles with images, headers, videos and who claimed SEO optimization. Unfortunately, the text was totally unusable and there were no sources so I could not correct it.
  1. Not ready for publication. As you will notice this article has poor flow and needs work to tell a story.

Bottom Line: Not replacing human writers yet but a very good research tool.

How Robotic Process Automation Reduces Business Operating Costs?

Robotic Process Automation (RPA) is a technology that enables a company’s employees to configure computers, software and robots to capture and interpret data from existing applications, such as processing transactions, manipulating data, triggering reactions, and communicating with other digital systems. The Institute for Robotic Process Automation (IRPA) says that the use of this technology enables a wide range of companies, from small businesses to large corporations, to conduct their business in an automated manner. A leading management consultancy, the Institute of Management Consultants (IMC), has published its latest report on the impact of robotics on the operating costs of companies. [Sources: 10, 13, 18] 

Robotic Process Automation (RPA) can be used to automate a variety of business processes, such as processing transactions, processing data and processing orders. Companies can take advantage of the introduction of R PA (Robotics Process Automation) to save time and money. [Sources: 17, 20]  

According to Forrester, business process automation has the potential to reduce operating costs by up to 90 percent. According to the Institute of Robotic Process Automation, the type of cost savings we are talking about is between 25% and 50%, and the introduction of RPA reduces operating costs by 25% to 50%. [Sources: 6, 21, 22]     

With robot-based process automation, all types of industries can bridge communication with other systems and speed up transaction processing. This increases the efficiency of intelligent process automation technologies that orchestrate systems to complete business processes much faster than human labor. Automation of repetitive, rule-based processes and cost reduction increase accuracy and speed of robot processes. With higher speed and efficiency, automation is possible at lower cost, “said David G. Miller, senior vice president and chief technology officer at Forrester Research. [Sources: 0, 8, 9, 23]     

Robot-based process automation is developing into an integrated automation approach, a networked offer for business operations. While the term Robotic Process Automation refers to a physical robot wandering through an office performing human tasks, RPA is a software-based solution. This development was initiated by the introduction of Robotics as a Service (RaaS), a form of process automation technology used to perform manual, monotonous tasks instead of human operators. It is seen as a first step as companies make the transition to further intelligent automation and use advanced automation technologies such as machine learning, artificial intelligence and robotics. [Sources: 10, 14, 16, 19]    

Robotic Process Automation (RPA) is software that can be easily programmed to perform basic, repetitive tasks for an application. It occurs when basic tasks are automated by the use of software and hardware systems that function as a variety of applications. In this way, it emulates existing applications by using software robots configured as applications that collect and record information about processes such as transaction processing, data manipulation, and communication with various digital systems. [Sources: 3, 14]     

It is better to use Robotic Process Automation tools in places where people think they are losing interest in doing the same repetitive tasks. With deep learning, software for automating robot processes can be programmed to perform tasks for employees in a specific workflow without the help of a programmer. [Sources: 3, 5]     

Organizations implementing robotic process automation will soon overtake those that still rely on human capital for their processes. Small business managers who believe that automation is unattainable and continue to rely on manual data entry will ultimately pay a high price for effectively using robot-based process automation. Businesses will therefore be able to move faster and more efficiently in a more efficient and cost-effective way. [Sources: 1, 15, 24]     

Click here for more information on how Atos can help businesses increase their productivity with Robotic Process Automation (RPA). Process automation in robotics is a value chain called intelligent automation (IA), where over 20% of steps can be automated in a single process. It can automate rules-based processes such as data entry, data acquisition, processing and management. [Sources: 2, 7, 15]     

Robot-based process automation is designed to work well with most older applications and facilitate implementation compared to other enterprise automation solutions. Working with other applications, it is ideal for enterprise-level applications such as Business Process Management (BPM). Cloud-based installation can be implemented quickly and provides an easy way to start with robotic process automation. [Sources: 3, 4, 14]     

Robotic process automation enables companies to remain efficient, productive and competitive by automating routine tasks on a large scale. Robot-based process automation gives companies the ability to automate mundane rules-based business processes and gives employees more time to perform more important tasks such as customer service and customer care. It gives companies the flexibility to perform long reports and processes even outside peak hours. Companies that deploy workers more widely for general knowledge and process work where people work will increase productivity and save money and time with robotic process automation software. [Sources: 7, 18, 19, 23]     

Robotic process automation (RPA) is more than a trend; it is another way of thinking about how process solutions are delivered and managed. BPOs rely on outsourcing for rule-based redundancy, but the shortcomings of outsourcing are causing more organizations to switch to business process automation using robotic process automation. Just as industrial robots have reinvented manufacturing with higher production rates and improved quality, R PA robots are revolutionizing support. Think of it as industrial robots, robotics, and automation revolutionized support in the 1990 “s. [Sources: 6, 11, 12, 18] 

Sources:    

[0]: https://www2.deloitte.com/is/is/pages/technology/articles/robotics-process-automation.html     

[1]: https://www.getapp.com/resources/robotic-process-automation-for-accounting/     

[2]: https://www.intellidyne-llc.com/solutions-capabilities/robotic-process-automation     

[3]: https://www.investopedia.com/terms/r/robotic-process-automation-rpa.asp     

[4]: https://inv.tech/blog/rpa-robotic-process-automation     

[5]: https://www.hostbooks.com/us/blog/how-robotic-process-automation-can-save-your-business-on-accounting-costs/     

[6]: https://www.claysys.com/blog/robotic-process-automation-use-cases/     

[7]: https://www.themanufacturer.com/articles/robotic-process-automation-rpa-for-manufacturing/     

[8]: http://www.actualintel.com/ipa      

[9]: https://thelabconsulting.com/rpa-and-robotics-old/robotic-process-automation/     

[10]: https://www.gep.com/robotic-process-automation     

[11]: https://www.accelirate.com/business-process-automation-compares-outsourcing/     

[12]: https://elba-tech.com/2018/11/23/robotic_process_automation/     

[13]: https://www.hrinasia.com/hr-tech/robotic-process-automation-can-reduce-operating-costs-by-90     

[14]: https://www.i-scoop.eu/robotic-process-automation-rpa/     

[15]: https://roboticsandautomationnews.com/2020/08/10/the-robots-are-here-to-stay-how-automation-is-affecting-global-business/34958/     

[16]: https://www.redalyc.org/jatsRepo/2032/203261541001/html/index.html     

[17]: https://chatbotnewsdaily.com/top-12-business-benefits-of-robotic-process-automation-829eeed4bcb8     

[18]: https://irpaai.com/definition-and-benefits/     

[19]: https://www.redwoodlogistics.com/what-is-robotic-process-automation/     

[20]: https://www.globenewswire.com/news-release/2020/09/22/2097041/0/en/Robotic-Process-Automation-Market-2025.html     

[21]: https://medium.com/@vratulmittal/how-bpos-should-leverage-robotic-process-automation-rpa-b09678a9628c     

[22]: https://www.frevvo.com/blog/get-ready-for-business-process-automation/     

[23]: https://www.computersi.com/5-benefits-of-rpa-software/    

[24]: https://marutitech.com/benefits-of-rpa-in-business/