What is Hyperautomation and its Benefit to Organizations

In 2020, we have noticed the adoption of automation across various industrial verticals. Tools and technologies like RPA and AI have made intelligent automation a reality, where bots are now able to carry out their tasks with ease without any hardcoding.

In early 2020 technological trends, Gartner list’s Hyperautomation on the number one spot. After that, Hyperautomation has become the talk of the town, hence, it will significantly disrupt the industry bringing a lot of opportunities on the technology stack in the next 5-10 years. Hyperautomation is a step ahead of automation. Let us find out what exactly is Hyperautomation.

What is Hyperautomation?

According to Gartner, Hyperautomation is the utilization or the combination of several advanced technological tools like Robotic Process Automation (RPA), Artificial Intelligence (AI), and Intelligent Business Management Software (iBPS) implementing tools and technologies that enhance the ability to automate work. The aim is to increasingly automate business processes so that better-educated and agile organizations can leverage data and insights to enhance and optimize decision-making, process, reduce cost & time, focus on more critical tasks and avoid human errors.

When we think of automation, RPA comes in our mind. However, Hyperautomation is an ecosystem of high-tech tools (RPA, AI, NLP, Analytics, iBPS etc.) that blends it to create a modern way of doing business. Hyperautomation also refers to the steps, of automation (i.e., discover, analyze, design, automate, measure, monitor, reassess.)

Benefits of Hyperautomation

With automation, we have done a lot of things much faster, easier, and with good accuracy. But with Hyperautomation we can unlock much more potential, leveraging advanced technologies that can carry out more tasks, in a better way.

Let us discuss some of the beneficial effects Hyperautomation can bring and how it will become increasingly important in a complex and continuously changing market environment.

• In a business environment, Hyperautomation will build a much superior and intelligent workforce that can handle various tasks, from simple to complex.
• It will also allow in offloading the repetitive, physically intense, and time-consuming tasks, so humans can focus more on key strategies. Automation is not here to take our jobs, but it will create more than 2Million jobs in 2020 says, Gartner.
• Analytics alone will yield excellent results in a corporate ecosystem that unravels key insights and valuable knowledge from raw data to drive the company’s development but leveraging Hyperautomation it will manifold the capabilities. With the help of AI, RPA & Analytics business can tap into influential data from different sources and that will help enterprises gain a better picture of current performance.
• Hyperautomation not only replicate the tasks with Robotic Process Automation (RPA) but it encourages humans to work along with the technology. That can include developers, engineers to business consultants, and analysts who can be programmed and be a part of this transition. That will also boost employee satisfaction and motivate them to achieve more
• Enable people and bots to leverage automation from basic to more complex level and end-to-end business processes. It will reduce the risk of working under hazardous conditions, sites like performing maintenance, fire breakout, chemical leaks, etc.
• Manage the entire automation loop on a wide scale, from automation to ROI calculation with the help of advanced analytics. Through using advanced analytics, companies can measure the performance of an investment based on automated processes and save a lot of money on daily basis.

Businesses should see Hyperautomation as an inevitable change. According to Gartner, “Hyperautomation is an unavoidable market state in which organizations must rapidly identify and automate all possible business processes.”

Companies that have already invested in robotics will certainly realize the value of robotic operation and task optimization. However, for the businesses who are yet to experience the power of Hyperautomation it might be useful to them and to think about automation and save time consuming and exhaustive tasks and give faster results.

By leveraging Hyperautomation, enterprises reap the benefits of enhanced performance, product quality, greater compliance, valuable insights with advanced analytics, and automated processes.

eInfochips has gained vast experience in automation tools and supports organizations in business process automation technologies with RPA tools, including incorporating with enterprise application and service management tools, to optimize operating effort and costs.

Connect with us to know how Hyperautomation will benefit your organization.