Hyperautomation is a technology that synergizes different processes into one seamless, fully-integrated process by leveraging them together. In other words, you can "Hyper-automate '' different kinds of technologies to access valuable data and insight into the entire scope of business processes, driving end-to-end automation.
Hyperautomation aims to break down the communication barriers and silos that have long hampered businesses. The idea is to make the best of solutions by leveraging them together instead of individually or against each other.
According to Gartner, by 2024, combining Hyperautomation technologies with redesigned operational business processes will help enterprises' bring down their operational costs by 30%.
To reap the maximum benefits of Hyperautomation, enterprises need to stand back from the technicalities of individual systems and concentrate on the bigger picture by creating a strategic long-view roadmap outlining an overarching plan going forward. This enables enterprises to integrate multiple technologies more effectively to maximize potential growth and gains.
Key benefits of Hyperautomation for SMEs
As the data flows, it guides and empowers enterprises to make well-informed decisions and to discover new and agile solutions that were lost in the static previously. Here are some of the many benefits of Hyperautomation for SMEs:
1. Eliminates deficiencies and gaps
With the ever evolving digital world, potential technological solutions that can be added to the toolbox at work are continuously emerging. One of the biggest hurdles that SMEs have been figuring out was how to make all of the tools work together in symphony. If one process has been vastly improved by RPA (Robotic Process Automation), gaps between the process and IBPM (Intelligent Business Process Management ) might lead to basic supply and demand issues that cost the SMEs dearly.
Hyperautomation enables the automation and connection of all of these disparate technologies and systems, and by synchronizing them, SMEs hyper-automate every business process. A deep, richer understanding of the entire scope of the business brings clarity for the SMEs on the next steps, helps remove bottlenecks, and brings about innovation and new opportunities by linking business processes across the entire enterprise.
2. Boosts integrations
SMEs host multiple tools and systems at once, but the biggest drawback with these legacy systems is they can’t communicate with each other effectively, which makes it all the more challenging for enterprises to bring them together and make sense of disparate sources of data. Removing this bottleneck is the ultimate aim of Hyperautomation. Simply adopting multiple new technologies to smoothen disparate, inefficient processes is not enough. Hyperautomation helps SMEs achieve smooth communication between all the processes through seamless integration of multiple technologies together.
By simplifying data flow between different apps and systems, Hyperautomation enables siloed departments to realize the possibilities with insight that RPA and AI provide. SMEs pick specific areas and automate processes with the same data wavelength while improving process integration, reducing costs, enhancing communication, and saving time.
3. Real-time analysis
One of the biggest roadblocks SMEs encounter is realizing where their unique inefficiencies are affecting their bottom lines. With the massive amount of data to be dealt with, it is hard to pick out the significant threads and insights which lead to successful digital transformation and growth.
Hyperautomation leverages AI and RPA to instantaneously sift through humongous volumes of data, extracted from disparate data streams and processes within the business, helping SMEs focus on what matters in real-time. By immediately analyzing the data effectively across multiple systems, Hyperautomation helps decision-makers take action faster to optimize processes, maximize quality and avoid costly mistakes.
4. Improves data storage
By bringing different systems and technologies together and breaking down barriers through a Hyperautomation model, SMEs improve data storage between their onsite infrastructure and data storage residing in the cloud or hybrid cloud space. With cloud-based solutions becoming the norm for many businesses, machine learning becomes essential to helping all the technologies communicate with each other seamlessly.
This is important as SMEs deal with data storage questions and migration from silos to the new "cloud“ universe. Hyperautomation leverages RPA to create digital twins or virtual assistants that mimic human conversations on the Internet of Things (IoT).
Hyperautomation is an agile field of technological advancement that is helping SMEs yield impressive ROI. By augmenting human workers’ capabilities, it seeks to create new opportunities, develop more sustainable solutions, reduce costs and enhance quality, while remaining agile in a competitive world.
How can Neebal help?
With Hyperautomation, Neebal automated several processes and provided detailed insights into sales forecasts of one of the leading agrochemical companies, resulting in an 80% reduction in time taken for achieving similar results.
Are you ready to implement Hyperautomation for your business? Schedule a call with our experts to get your bot-o-mation journey started!