/* ---- Google Analytics Code Below */

Wednesday, July 17, 2019

Gartner Publishes first Magic Quadrant for RPA

Have followed RPA since it emerged, as a way to install logic in process to efficiently automate in-context tasks.   Should be used in combination with AI and Big Data analytics to transparently improve process.  Not sure if that is common, but should be.  Reminds me of the work we did with Prolog based knowledge systems.

Gartner publishes first Magic Quadrant for Robotic Process Automation market  By Mike Wheatley in SiliconAngle

Gartner Inc. this week published its first Magic Quadrant for the robotic process automation software market, shining a light on the leading players and key trends in the rapidly growing technology segment.

RPA relates to the use of software with artificial intelligence and machine learning capabilities to handle high-volume, repeatable tasks that previously required humans to perform. These tasks can include queries, calculations and maintenance of records and transactions. RPA software relies on robots that can mimic a human worker by logging into an application, entering data or calculating and completing tasks and then logging out once the task is done.

The technology is believed to save companies huge amounts of time and money, so it’s not much of a surprise to see Gartner estimating the market for this type of software will reach $2.4 billion a year by 2024, from just $850 million today. Gartner also said RPA is the fastest-growing subsegment of enterprise software it tracks, with an annual growth rate of 63% in 2018.   .... "  (Quadrant at Link) 

No comments: