Artificial Intelligence is thriving in the global market as the most popular disruptive technology ever in the 21st century. The demand for smart and intelligent machines and models is rising day by day from multiple industries and companies worldwide. The global market size of Artificial Intelligence is predicted to reach US$266.92 billion in 2027 with a CAGR of 33.2%. Artificial Intelligence algorithms have created automation in different ways including Intelligent Automation to boost productivity in industries and companies across the world. Intelligent Automation is said to be the combination of Artificial Intelligence and Robotic Process Automation. It helps to strengthen end-to-end business process automation as well as boost digital transformation. The future is intelligent due to the expectation of the global intelligent process automation market to reach US$13.75 billion in 2023 with a CAGR of 12.9%. Let's explore how employees can reap the benefits of Intelligent Automation in 2021 efficiently and effectively.
Employees can efficiently utilize Intelligent Automation for faster customer service through Chatbots or customer care calls. There are shorter time calls due to the instant supply of relevant information regarding multiple queries of different customers. Implementation of Intelligent Automation provides a competitive edge to a company with smarter and faster customer service.
Integration of Intelligent Automation in this tech-driven world can help to enhance customer engagement because of its personalization. This personalized functionality delivers different and unique solutions to different customers as per their needs and wants. If customers are satisfied with their solutions it enhances customer engagement. Artificial Intelligence algorithms help Intelligent Automation to have a clear understanding of customer behavior in the current market scenario by utilizing the combination of real-time data and historical data.
Intelligent Automation can enhance customer engagement as well as increase employee satisfaction. This reduces the rate of employee turnover each year for multiple companies. Employees get bored and less efficient due to the same mundane tedious workload every day for years. Intelligent Automation helps to reduce these rigorous and tedious workloads and gives employees sufficient opportunities to focus on other creative priority work. Artificial Intelligence is popular to complete work without any human intervention and errors.
It is a myth that Artificial Intelligence will snatch away multiple job roles of human employees in the nearby future. Implementing Artificial Intelligence and Intelligent Automation in organizations and factories has created more different job opportunities for employees to explore and learn new skills and knowledge. These roles are developed to support the combination of human-machine workspace efficiently and effectively. New job roles are emerging in the field of engineering, computer science, and statistics to help machines work smoothly in any kind of environment to protect human employees. Reputed companies have started offering lucrative salary packages per year to become a professional in the vast field of Artificial Intelligence and Robotics.
Since Intelligent Automation is a blend of Artificial Intelligence and Robotics, it provides better in-depth business insights for creating a dent in the global market. It collects enormous volumes of complex real-time datasets and analyses those data to generate meaningful business outcomes to help employees work on these and attract the existing as well as potential customers from competitors in the market. These insights also help robot employees to achieve unprecedented levels of efficiency in the workplace.
That being said, there is more number of ways in which employees can reap the benefits of Intelligent Automation in a workplace. Intelligent Automation is set to transform society through functionalities of Artificial Intelligence and Robotics as well as cost and time efficiencies. If companies can develop accurate strategies, it is possible to gain higher ROI from the implementation of Intelligent Automation.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.