Intelligent Robotic Process Automation (IRPA) technology is the next frontier for businesses looking to streamline processes, increase productivity and ultimately improve the bottom-line.
IRPA typically uses artificial intelligence to handle repetitive, rules-based, back-office tasks. And the market is about to experience a period of "explosive" growth.
The IRPA/RPA market grew 64 percent to $200 million last year and is expected to grow 70 to 90 percent by 2020 because successful pilot projects are inspiring buyer confidence in the technology, the consulting and research firm reports.
However, there are some barriers to adoption, such as IT departments concerned about data security and loss of control. Plus, replacing staff with robots in some sectors, such as government, could become a political minefield.
Join us at IRPA Online Summit in August to hear from subject matter experts currently evaluating IRPA for their businesses in areas such as Finance, Procurement, HR, Outsourcing, Automation, etc.
While Intelligent Robotic Process Automation (IRPA) is often the first tool to garner investment as it leads to quick wins with a lower investment, IRPA is only one tool in the automation toolbox, and this event covers the gamut of intelligent automation technologies including cognitive, machine learning, AI, and more.