You would have seen robots taking over the world many times in Hollywood movies and would have enjoyed the drama. But the pace at which the automaton is going through in every fields, it seems that the day is not so far now. In manufacturing fields, robots have already been eliminated human to a large extent. Labor categories are most effected till now because of robotic automation.
There are many IT companies which were working from many years to develop a tools, through which one would be able to automate vast range of repetitive clerical tasks just like a human. Now those tools are in mature stage. Few of these tools are
Above providers have been able to develop a very sophisticated tool, which can easily create a code to interact with existing software systems just by using simple wizards. Most of these companies are providing training now a days to create a large pool of developers on their tools. Their target is to create a large pool of workforce to implement robotic automation.
What is the future of RPA
Forrester estimates that, by 2021, there will be over 4 million robots doing office and administrative and sales and related tasks. Management of robots and their governance will be a growing issue.
RPA (Robotic Process Automation) is still in early stage and many big organizations are in study phase. There are many sectors like banking, accounting and insurance, where RPA can be proved as Gold Rush big organisations. All of these sectors are looking for cost effective solution, faster and lesser error prone process.
Marekets/Regions actively participating in RPA
As many of automation tools are now in mature stage, many organisations are working on trial with these vendors. Many of big companies i.e TCS, Accenture, Wipro, Cognizant, Infosys have partnered with various vendors and working on implementing RPA in few sectors now. Several RPA vendors focus on ITSM. Primary RPA regions are North America; Europe, the Middle East, and Africa; Asia Pacific; and Latin America
If we will see the trend of interest on RPA, we can see how it is taking momentum in US and India as shown below
RPA Interests by Region:
RPA Interests over time
If we look at growing interest on RPA , It is really a good time to get into the business. The technology is probably only at 1% of its ultimate capabilities at present. If you already have good understanding and experience in BPM/BPI (assuming most of the process in organization are not documented) it is worth to grab some certification in RPA. As an early bird you would be able to grab good opportunities and salary once the trial in various sectors will be successful. So be ready for the next storm of automation in advance
You would already be aware of that value of product is depend on supply and demand. And as mentioned earlier at present we have been able to develop only 1% of capability. As per google trend shown above, good momentum of interest is being build up. So there would be gap of supply and demand in near future. So be ready to take the benefit of low supply.
Impact on Society
As per article published on Wikipedia on RPA
Academic studies project that RPA, among other technological trends, is expected to drive a new wave of productivity and efficiency gains in the global labour market. Although not directly attributable to RPA alone, Oxford University conjectures that up to 35% of all jobs may have been automated by 2035.
In a TEDx talk hosted by UCL in London, entrepreneur David Moss explains that digital labour in the form of RPA is not only likely to revolutionise the cost model of the services industry by driving the price of products and services down, but that it is likely to drive up service levels, quality of outcomes and create increased opportunity for the personalisation of services.
Meanwhile, Professor Willcocks, author of the LSE paper cited above, speaks of increased job satisfaction and intellectual stimulation, characterising the technology as having the ability to “take the robot out of the human”, a reference to the notion that robots will take over the mundane and repetitive portions of people’s daily workload, leaving them to be redeployed into more interpersonal roles or to concentrate on the remaining, more meaningful, portions of their day.
Will you get Fired
On the surface, rapidly advancing artificial intelligence seems cool and also seem opportunity for you. but a question is frightening as well, in which field robots can hand out pink slips to human workers.
Just how likely are you to lose your job becasue of automation can be checked on below site
Above site is Developed by Mubashar Iqbal and designed by Dimitar Raykov, the site is based on a 2013 report examining how susceptible 702 occupations are to automations.
Training on RPA
UI path is providing free training and certificate now a days, which I think will be paid training in near future (Hey I am not a sales agent of UI Path, it is just my assumption) . I have registered on UI Path academy and learning the tool. You can also register for this free course using below link
Till now I found it is easy to use. If you already have experience in VB.Net then you can learn this tool very fast as it use VB.NET functions and libraries in back end.
Hey guys I have 12 years of experience in IT and studying RPA. I have been able to implement few automation using UI Path in my organization and working on automating few more. If you have any question on RPA, UI Path , kindly comment below, I will try my best to answer. I will keep this document updated.