[ad_1]
The perception of cloud technology is rapidly evolving from being a cost-effective solution to modern business challenges to defining an essential feature of the technology stack of leading organizations.
That’s why Automation Anywhere’s cloud-first approach to robotic process automation (RPA) and artificial intelligence (AI) is not only revolutionary, but necessary to meet customer expectations. Early in development, the company recognized the impending adoption of cloud and the thousands of businesses that needed cloud technology to run their businesses efficiently.
What is Automation Anywhere?
Automation Anywhere today is a leader in the RPA space with a suite of tools that enable companies to automate and analyze critical business processes and embed RPA software robots (bots) to perform those processes better. We provide tools. The company focuses on simplifying RPA, enabling broader and faster adoption through its cloud-native architecture.
Automation Anywhere was founded in 2003 in San Jose, California. To date, the company has raised his $1 billion in nine funding rounds. Recent financial backers include Hercules Capital and SVB Capital.
Automation Anywhere’s leadership team includes:
- CEO and co-founder Mihir Shukla, a renowned software engineer and former engineering director of E2Open.
- CFO James Budge held the same position at six other companies before joining the Automation Anywhere team.
- CTO Prince Kohli, former senior vice president and head of cloud and IT development at Ericsson, said:
In a previous interview with Acceleration Economy, Kohli explained that his first initiative when he joined the company in 2018 was a cloud-centric strategy that included partnering with leaders in the space such as Microsoft Azure, Google Cloud and IBM Cloud. I explained that it was to start.
Kohli explains Automation Anywhere’s strategy in terms of impacting processes and people. In particular, we focus on the types of tasks that are repetitive and add limited value from the perspective of human intelligence.
“We feel it is a requirement for us and the next generation to free people from the monotony of repetitive, error-prone and unhuman-friendly work,” Kohli says with me this week. said in the discussion. “People, especially those born in the post-smartphone era, are rebelling against these tasks.”
He continues: We place a lot of focus on design and usability, and in that sense, we make our tools accessible to everyone in our company. “This drives the company’s cloud-native approach, which requires no installation, allowing customers to scale quickly,” he added.
Recognizing its strength and innovation in the RPA space, Automation Anywhere has been named a leader in Everest Group’s RPA Products PEAK Matrix Assessment in 2022 for the sixth consecutive year.
What does Automation Anywhere do?
Automation Anywhere’s RPA tools are anchored in the Automation 360 platform, enabling organizations to rapidly adopt user-friendly automation strategies to automate tasks and improve productivity.
The platform performs automated process discovery that companies can use to discover and monitor business processes without impacting existing workflows. This technology identifies inefficiencies and builds a comprehensive enterprise-wide process map. Once detected, bots are used to automate business processes through Automation Anywhere’s RPA workspace.
“We feel that liberating people from the monotony of repetitive, error-prone, and unhuman-friendly work is a requirement for us and the next generation.” People who are born are rebelling against these tasks.”
- Automation Anywhere CTO Prince Kohli
This fully web-based tool includes flexible deployment with options for no-code, low-code, and custom code automation. Automation Anywhere’s codeless interface allows non-technical users to design and launch bots. A pre-built command library has been added for quick tool deployment.
Bots are widely used for common and repetitive tasks such as processing invoices, answering routine customer service queries, and tracking inventory. Automation Anywhere users can access their comprehensive Bot Store with access to pre-built, customizable bots for a variety of tasks. You can also create bots and upload them to your store for other users to use.
At the same time, built-in governance and security features reduce workload and monitoring requirements.
Aiming to democratize technology, Automation Anywhere’s Robotic Interface (AARI) capabilities (which the company calls automation “co-pilots”) allow customers to build automation into their applications via digital assistants, Regular business users can browse on demand.
Kenny Mullican, CIO and Acceleration Economy Analyst at Paragon Films, said AARI helps anyone, not just technical experts, automate processes, a key differentiator for companies with smaller IT staff. says.
“I work with a very small staff, so it can be difficult to implement new technologies when the product requires extensive training and experience. The product allows a small team like mine to focus on enabling business users to participate in automating processes that have the greatest impact on operational efficiency.”
Kenny Mullican, CIO
Automation 360 also includes various analytics tools. Bot performance is continuously evaluated and these insights can be used to better understand the business impact and where it can be improved.
One of the key differentiators of the Automation Anywhere approach is the use of AI and ML technologies. We process the data using a feature called IQ Bot. This is an important consideration in light of the company’s estimate that 80% of enterprise data is unstructured. The system includes a set of pre-trained use cases that companies can choose from to start processing documents immediately. However, ML capabilities and modifiable AI workflows allow data teams to focus on specific assets when needed.
C.Customer Automation Anywhere caught the eye
Automation Anywhere has an impressive roster of global companies and government agencies using its technology. To date, he has deployed over 2.8 million bots, works with 2,100 businesses his partners, and worldwide he serves over 3,200 customers.
One particularly important user is the National Health Service (NHS), the UK’s largest public health agency. One of the largest NHS trusts is Newcastle Hospital, which serves over 1.5 million patients annually.
Recognizing the burnout caused by the Covid-19 pandemic, the Trust was committed to reducing the time staff spent on repetitive tasks.
The Trust deployed Automation Anywhere’s Automation 360 platform to support various areas within the organization, including Human Resources, Occupational Health, Cancer Information Center, and Reservation Center.
Key outcomes of Trust’s Automation Anywhere integration:
- Automated bot deployment saves 7,000 hours per year
- Automation Anywhere bot saves 4,000 hours per year for staff evaluations
- Healthcare-focused PP0028 Cancer Referral Bot saves 780 hours per year
- Saved 700 hours in 2 months with Automation Anywhere’s National Immunization and Vaccination System bot
Future prospects
In this week’s talk, Kohli positioned automation as a key component of enterprise technology architecture and business strategy. “There is no silver bullet on the road to digitization, but automation is now recognized as a key ingredient to getting there,” he says.
In light of this, Automation Anywhere continues to work on ways to make it easier for customers to deploy automation. Control now remains in the cloud, but automation is often deployed on-premises. This means the customer has to find the device and manage it using the on-premises device. The company is now working to move this process to the cloud, Kohli said.
Another focus area is end-to-end fully automated automation. The company aims to transform it into a platform that automatically identifies the highest-value processes from the various processes performed by cohorts of users within an organization and automatically matches them with appropriate automation options.
Why Automation Anywhere is a Top 10 Hyperautomation Enabler
Automation Anywhere is one of the most important companies in the hyperautomation space. The company is on the hyperautomation shortlist for the following reasons:
- Recognizes that moving from on-premises to the cloud is the preferred IT architecture through an end-to-end cloud-native RPA platform
- Extend the benefits of RPA to everyone in your organization with optional low-code/no-code deployments and digital assistant technology.
- It provides process intelligence that enables companies to formulate concrete RPA strategies based on daily statistics and continuous updates, while monitoring ROI.
- Deliver measurable customer acquisition and secure their account as the company’s technology and architecture champion.
Additional Insights on the AI/Hyperautomation Market:
Automation Anywhere Briefing Center
[ad_2]
Source link