Process Automation
Process automation involves using technology to streamline and optimize repetitive tasks and workflows within an organization. By automating manual processes, such as data entry, document approval, or customer onboarding, businesses can improve efficiency, reduce errors, and free up employees to focus on more strategic activities. Automation tools, such as robotic process automation (RPA) or workflow automation platforms, enable organizations to design, deploy, and manage automated processes, leading to increased productivity and agility.
The increasing trend in process automation is set to continue with a compound annual growth rate of over 9%
According to Grand View Research, the global process automation market size is expected to reach $133.9 billion by 2028, with a compound annual growth rate (CAGR) of 9.3% from 2021 to 2028, indicating significant market expansion.
Organizations planning to increase their investment in automation technologies in the next two years
Average cost savings achieved through process automation, primarily by optimizing resource allocation
Error rate reduction achievable through automation of business processes and operations
Average improvement in employee productivity resulting from process automation
