Thursday, January 24, 2019

Deciding on what the Return On Investment ROI of an automation project can

Deciding on what the Return On Investment ROI of an automation project can

Aside from programming, knowing concepts related to ‘six sigma’, Business Process Re-engineering (BPR) and Business Process Management (BPM) can be quite handy for automation consultants. A lot of your process design-in Blue Prism, for instance, can be sketched out on a paper in flowchart notation to highlight the correct approach and requirements for your final solution. Deciding on what the Return On Investment (ROI) of an automation project can also be done using six-sigma concepts related to quality improvements, time saved, etc.

You can combine your RPA skills with complementary automation technologies like having the ability to build chatbots or learning how to script in Python to address Natural Language Processing (NLP) use cases.

RPA’s impact on employment

The effect that the aggressive adoption of RPA will have on the global human workforce is complicated and does not have consensus even amongst leading economists. Most of the studies that we come across related to the topic discuss aspects related to general automation including robotics in the factories and industrial automation. Software RPA is lumped into the same category making it difficult to gauge exactly what kind of impact we might see from the technology. Physical robots replacing workers in a manufacturing plant are conceptually more tangible than software led RPA. RPA is being driven primarily by the Business Process service Outsourcing industry making it harder to get accurate reads on how much RPA has impacted individual BPO’s individual estates.