Why Experts Embrace Robotic Process Automation In India
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The Benefits Of Implementing Robotic Process Automation In India

Organizations invest in a large number of human capital which is responsible to perform extensive tasks of high volume. Over time, these tasks turn into rule-based processes which are highly repetitive and monotonous in nature. The human capital invested in these operations definitely can be entrusted with more productive ventures, however, their current process is unavoidable and there’s no other way to execute it.

This is where Robotic Process Automation, or RPA in short, comes into the picture.

RPA - What Is It?

RPA software bots can mimic the exact same thing which is done by this human capital without any errors and can deliver the project in half the time taken by these resources. This is the true power of RPA which enhances the productivity of processes without increasing any investment in human resources. From now on, there’s a way to deliver these mundane processes, and resources can now take up more meaningful projects and overhaul themselves.

RPA In India

India is expected to adopt RPA on a very large scale. Big IT organizations have already started using this technology to reduce delivery costs and sharing this benefit with their clients. The banking industry has caught on to the bandwagon and is experiencing rapid adoption of this futuristic solution. Proof of Concept (POC) is being conducted across various industries and deployment of bots is expected to happen on a very scalable level very soon.

Driving Change

To keep up the pace and grow with the ever-changing world, there is a need to re-imagine the curriculum which is being imparted at engineering colleges in the country. The next generation needs to learn that whatever they are being trained on now is already obsolete in the market and they need to be updated on the new technologies which are shaping up the future so that they can come out with more value addition. The simplest way is to refer to the FutureSkills platform and start preparing a new way of learning basis this platform. If this implementation takes time, keeping in mind the rate at which systemic changes take place in India, educational institutes can offer "Rapid" courses and encourage students to opt for it.

Job Creation

Now there is definitely a scare that RPA will lead to losses of jobs but this is precisely where RPA providers need to act as leaders and start educating and guiding their clients in the right direction. There will obviously be an effect to the skillset which is repetitive in nature but they can always be shuffled to something more meaningful.

On the contrary, RPA will create a lot of jobs which are going to be absolutely ‘newer’ in nature and will enjoy substantial growth and support from industries as they will directly be facilitating business growth and productivity.

Talent

Indian workforce comes with a strong domain knowledge and now, they have started infusing and combining technology with it resulting in a substantial pool of talent in RPA. This kind of expertise will attract higher income levels and that too in huge numbers as RPA creates significant openings across various industries.

The designations can range between Bot Managers, Infrastructure Staff, Implementation positions, etc. but this materializes at the back while layoffs happen in many sectors since in certain job areas since technologies prove to be more efficient.

Optimism

The world understands that it’s experiencing the 4th Industrial Revolution in the form of Business Process Automation, and it’s not about all doom and gloom.

A recent report published by Everest Group suggested that almost 80% of industries have mentioned that RPA meets and exceeds expectations and not only in one single vertical but is highly scalable across the organization. As per the report, 40% of enterprises have invested in RPA, IoT, AI, etc. and are on their path of automation already.

India has started to show an embracing attitude towards Robotic Process Automation and this will lead to result in employment of up to 2 Lakh professionals. Industry experts like Bobby Patrick, who helms the position of Chief Marketing Officer at one of the leading companies of the automation industry UiPath, believes that India could very well be one of the leaders in automation since it houses a massive workforce who are in the process of reskilling.

Intelligent Business Process Automation technologies like Robotic Process Automation has been garnering a lot of attention since they enable companies to automate their repetitive but unavoidable and tedious tasks. Many industries like Retail, Outsourcing, and Finance have started applying this automation to their processes.

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