The world as we know it has become incredibly fast-paced. There was a time before technology took over when we would be fine with the way things were. Having a few days of turnaround time was normal. However, those days are long gone.
It has been a long time since something like that was considered normal. In the world we live now, time is money. Despite being an overused cliché, this phrase rings true in every sense of the word. In the modern world, everyone is used to getting things done in a matter of seconds. Need to send a message? Use WhatsApp to instantly send it to people across the world. Need to make an order? Use an e-commerce platform to instantly make it. This has made our lives incredibly simplified to the point where anything besides this is considered cumbersome and a waste of our time.
Hyperautomation – An Introduction
Over time, these services have evolved to adapt to the times. For example, when the iPhone first came out, it was a 3.5-inch device with a subpar screen and an extremely limited set of features. At the time, many people considered it to be a gimmick that would eventually fizzle into the dark. Fast forward 15 years and the iPhone has single-handedly changed the world. It has impacted everything from technology to lifestyle, healthcare, and photography. It simplified many processes and combined different devices into one, creating a one-stop solution for everyone.
From your iPhone, you can take memos, record voice notes, take pictures, make calls, watch videos, play games, check email, track heart rates, and perform an extensive slew of other features. This eliminated the need to have multiple devices all at once and replaced them with one simple solution that slides into your pocket.
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One of the many driving forces behind such changes is the advancement in fields such as artificial intelligence, machine learning, and cloud storage. These technologies have allowed us to automate a variety of processes, often without us paying any heed to them. This has saved us countless time, effort, and money which has been devoted to different areas of interest.
We often underestimate the power of automation and how much has changed the world around us. The notion of having processes around us going off on their own almost seems too good to be true. Having data being generated, stored, processed, and presented on its own seems like something out of a science fiction novel. However, it is a very true reality of the world we live in.
For instance, when it comes to fraud detection, financial institutions use AI to monitor transactions going on. It constantly monitors different transactions being made, recording them, and storing the data. The moment a suspicious transaction is detected, it is flagged and reported. Better yet, it does this all on its own and around the clock. When you have a system working on its own around the clock, productivity and convenience are unmatched. Furthermore, you can also generate reports at the click of a button for all those concerned.
However, in recent times, we have seen the rise of Hyperautomation. In the simplest of words, Hyperautomation is automation turned up several notches. As the name suggests, it takes regular automation, straps it to a rocket, and puts the burners on full blast.
Hyperautomation – Further Explained
Automation is defined as the process of making a process automatic. To automate means you no longer have to manually make something happen and you can rely on automation to do it. In the modern world, automation is one of the driving forces behind all the innovations and advancements we see. It is important to have mundane and repetitive processes automated to ensure we spend more time on tasks that require our effort.
Hyperautomation is defined as the process of implementing extensive automation across different areas of your processes. This is done using a variety of platforms, tools, and varying technologies. These include machine learning, artificial intelligence, robotic process automation, and other tools used to create automated systems.
Hyperautomation is considered as scaling the process of automation in your enterprise to create a set of systems that are working on their own and doing different tasks for you.
A key component of Hyperautomation is its low or no code dependency. In 2022, several premade services allow you to automate processes across the board. Zapier allows you to automate the most mundane tasks there are. For example, if you run an e-commerce store, every time an order comes through, the customer will be sent a confirmation email, shipping information, suppliers will be notified, and company records will be updated – all automatically.
If we take a step back and look at this from afar, doing all of this manually takes time and manpower. Instead of underutilizing your team by giving them mundane tasks, automating this process saves a lot of time and effort that can be devoted elsewhere.
Benefits of Hyperautomation
Hyperautomation is one of the most exciting innovations of recent times. While there are many benefits, we have curated the top three that matter the most.
More Work, Less Time
In the world of business, time is money. Every time we manually do something that can be automated, we are letting effort and energy be better utilized elsewhere. For example, if you are having someone manually back up important data instead of setting up auto-backup, you are wasting their time and energy in doing so.
The beauty of automation using digital products and services is that they work around the clock. A system will not tire nor will software. Each time a prompt triggers it, an action will follow. Your e-commerce store will have orders coming in at every hour. If you manually send all the information to everyone, your business will suffer due to inefficiency. Even if you push it, you cannot work more than 15 or 16 hours a day which is absurd in every sense of the word. Furthermore, small delays in correspondence give off an unprofessional and non-serious message.
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In the modern world, our reliance on digital tools has grown immensely, and for good reason. Robotic process automation or RPA is the use of automated bots which can mimic or even learn business practices. RPA is one of the pillars that automation stands on. It is RPA actions that allow for different processes to go off on their own. An RPA bot will automatically copy and paste data, update records, move files, send emails, extract data, and do all the mundane tasks that would take a human a lot of time.
Hyperautomation is, in theory, incredibly promising. However, in reality, there are still significant roadblocks in its broader implementation. As far as technology has gotten, many organizations still wish to run a hybrid of legacy and modern technology.
When Hyperautomation is implemented, this is phased out which requires investment and infrastructural changes. One method to iron out the details is using digital worker analytics which essentially allows one to track the different requirements needed for more widespread automation. It will do a cost-value analysis that allows for better judgment when it comes to deciding what scale of automation is needed.