Hyperautomation, or business process automation, is the combination of multiple automation tools, including advanced technologies such as artificial intelligence and machine learning, to enhance and scale business processes. According to Gartner, hyperautomation is one of the top strategic technology trends for 2020 and beyond, as it can provide businesses with significant cost savings, improved efficiency and increased agility.
One of the key benefits of hyperautomation is its ability to automate repetitive and manual tasks, freeing up employees to focus on more strategic and value-adding activities. This can lead to improved productivity and cost savings for the organization. Hyperautomation can also enhance decision-making by providing more accurate and timely data, helping organizations to make data-driven decisions.
Additionally, hyperautomation can help businesses to stay ahead of the competition by providing them with a digital edge. It enables them to quickly adapt to changing market conditions and customer needs, making them more agile and responsive.
Gartner also recommends that organizations should start small with hyperautomation and focus on a specific business process or set of processes to automate. It also suggest to build a team with diverse set of skills, including process design, automation, AI and data management, to ensure success.
Overall, the business value of hyperautomation is clear, by providing cost savings, improved efficiency and increased agility, it enables organizations to stay competitive and adapt to changing market conditions.