It’s no secret that the tech industry loves buzzwords. Hyperautomation is one such term you will hear every so often. The term was coined in 2019 by IT research and advisory firm gartner, and within no time made its way to the ‘Gartner’s list of top 10 strategic technology trends for 2020’. This hat tip is surely an indication that we will be hearing a lot more about this technology in the near future.
Buzzwords tend to fizzle out soon, but they shouldn’t, especially if the concept has the potential of becoming the bedrock on which society integrates and interacts with technology well into the future.
So is Hyperautomation just hype or the next big thing in technology?
Knowingly or unknowingly, we are using Hyperautomation technology every day. From self-driving cars to smart home appliances and assistants, all are performing tasks that were earlier performed by humans.
Numerous enterprises are using automation in some way or the other to drive their innovation and strategic success. For example, implementing Robotic Process Automation (RPA), to streamline processes on a manufacturing tier or learning consumer behavior changes by using predictive analysis through the application of data and machine learning.
Hyperautomation is the sophisticated extension of such processes. It is different from the automation we are used to since it combines a multitude of automation technologies and binds them together. By integrating AI, IoT, RPA, and Machine Learning, Hyperautomation automates business processes that require little to no human intervention.
As a society, we have accepted the importance of big data, and are now living in the era of massive data. It is easy to believe when you consider the fact that about 15 billion people are using smartphones, and by the end of 2022, there will be 35 billion IoT-connected devices globally. These devices are constantly monitoring consumer behaviour and how to cater to them specifically. The easy availability of such meaningful information and converting it into something useful is at the heart of Hyperautomation.
What does the future look like?
While standard automation may have liberated numerous workers by freeing them from monotonous and time-consuming tasks, Hyperautomation without a doubt will take this even further. So the question arises of how you can best assess your enterprise for adopting Hyperautomation in near future? There are three things to consider when you navigate through this technology-
- Firstly, you need to consider whether the tasks you are thinking about automating require no human intervention, only then can Hyperautomation lend its services
- The second consideration is the cost of acquiring the right data, scaling, and implementing the correct technology for increased productivity and efficiency
- Lastly, have a clear idea of what your future workplace would look like. The more you use the digital twin for manual work, the more you need to upskill your workforce to focus on more sophisticated tasks
Essentially Hyperautomation is not only cutting-edge technology but is changing the way we live and do business. This makes it a technology worth the hype and one to watch out for.
How can Neebal help?
With Hyperautomation, we were able to automate several processes and provide detailed insights into sales forecasts of one of the leading agrochemical companies, resulting in an 80% reduction in time taken for achieving similar results.