Robotic Process Automation
Robotic Process Automation
BY LOKESH DESHMUKH
INDEX
INTRODUCTION
BRIEF HISTROY
APPLICATIONS
RPA BENEFITS
RPA CHALLENGES
FUTURE TRENDS
CONCLUSION
REFERENCE
INTRODUCTION
Robotic Process Automation (RPA) is a technology that uses software robots
or "bots" to automate repetitive, rule-based tasks in business processes.
These bots mimic human interactions with digital systems, such as entering
data, processing transactions, and responding to emails. By reducing
manual effort, RPA increases efficiency, accuracy, and productivity. It is
widely used in various industries like finance, healthcare, and customer
service, helping organizations streamline operations and focus on more
strategic activities
BRIEF HISTORY
1) Early Automation (1990s)
•Beginnings in screen scraping and basic task automation.
•Early tools replicated simple data entry and desktop tasks.
2) Rule-Based Automation (Early 2000s)
•Emergence of Business Process Management (BPM) and workflow automation.
•Software bots developed to handle structured data processes.
3) Rise of RPA (2010-2015)
•"RPA" term coined, distinguishing it from traditional automation.
•Adoption grew with advancements in machine learning and AI integration.
•Key players like UiPath, Blue Prism, and Automation Anywhere emerged.
4) Mainstream Adoption (2016-2020)
•RPA gained global recognition as a strategic tool for digital transformation.
•Industries like banking, insurance, and healthcare embraced RPA to boost efficiency.
5) Modern Era (2021-Present)
•Integration with AI, machine learning, and cognitive automation.
•RPA expands beyond rule-based tasks, enabling more complex decision-making processes.
•Focus on intelligent automation and hyperautomation trends.
APPLICATIONS
Scalability Issues
Integration with Legacy Systems
Maintenance and Support
High Implementation Costs
Workforce Resistance
FUTURE TRENDS