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Showing posts with label Hyperautomation. Show all posts
Showing posts with label Hyperautomation. Show all posts

Tuesday, June 14, 2022

Seeking Hyperautomation?

Should be started by addressing key processes.  Automating and checking the results, while putting in place a means of re-checking the results over time.  Schedule re-checks in  context.  Make sure all stake-holders get a serious look.  

At What Point Does Hyperautomation End? It Doesn’t   by 7wData

Founder & CEO at Ephesoft. Passionate tech innovator, speaker and obsessed with hyperautomation and providing IDP solutions to customers.

We’ve hit four-wheel overdrive when it comes to intelligent enterprise automation spearheading its way across the enterprise. Even in rough and competitive terrain, technology continues to push barriers, accelerate processes and venture into uncharted territory. Hyperautomation is the approach many businesses are immersing themselves in to break away from the pack by automating everything that can be automated to drive operational efficiencies, innovation and growth while meeting customer and employee expectations.

According to MarketWatch, the hyperautomation market is expected to reach $319.9 billion by 2027 and is anticipated to grow more than 9% over the forecast period until 2027. Hyperautomation is not a trend—it is here to stay. I think we all agree that there will always be a quest for improved and faster technology.

Research shows that over 50% of CEOs seek growth as their top business priority, according to a recent Gartner report. As a result of this objective, hyperautomation projects are being tackled throughout the enterprise as individual departments are aiming to streamline efficiency and grow profits. In fact, over 56% of organizations had an average for four or more—sometimes even more than 10—automation projects going simultaneously.  .... ' 

Thursday, October 21, 2021

Retail Hyperautomation?

My friend Gib Basset authors this piece in Retailwire, including further discussion: 

Will ‘hyperautomation’ determine retailing success from this point forward?

by Gib Bassett in Retailwire

There is no doubt 2021 is shaping up to be memorable for retailers and consumers alike. It’s not the happy kind of memory either, with once-in-a-lifetime disruptions rippling through supply chains causing costly delays, shortages and capacity problems that highlight a lack of collaboration and visibility among stakeholders.

That’s a big nut to crack that will take both time and a hearty constitution to overcome, so what can be done now to stem the losses?

The success of functions including sales, operations, procurement and shipping depends on retailers’ ability to apply analytics at scale towards developing better insights and responses to consumer demands.

With stress at a fever pitch heading into the holidays, retailers are bolstering nascent last-mile, omnichannel capabilities such as buy online and pickup curbside or in-store, plus more timely delivery options like intra-day. All of these align with front-office, CRM-led investments focused on customer experience.

Some make the mistake of separately pursuing improvements in back-office supply chain functions, like demand planning, procurement, transportation and shipping. Consumers minimally expect that inventory presented online syncs with what’s available in-store. That’s table stakes.

Weaving everything — front to back — together with better automation, analytics and data offers a near-term path with long-term legs. The digital transformations that began last year will require further transformations as course correction becomes a matter of survival.

The term “hyperautomation” may sound fantastical, but its implications promise improvements to supply chains that will come to define successful retail in 2022 and beyond.

Gartner named hyperautomation, which blends machine learning, artificial intelligence (AI) and robotic process automation (RPA) and artificial intelligence (AI), as the top supply chain innovation of 2021.

“The key principle of hyperautomation is that everything that can be automated will be automated,” according to the report.  .... '