Enterprises today are grappling with a plethora of challenges that are impacting their growth. A volatile environment, ongoing talent wars, rising inflation, cyber threats, supply chain disruptions, shifts in customer expectations, etc. While digitalization can help improve costs, manage talent shortages, and enable growth in the long term, enterprises want to go beyond point-in-time solutions to becoming truly ‘Autonomous.’
What does an Autonomous Enterprise look like? It is a self-driving organization that continually senses, adapts, acts, and evolves in an ever-changing environment. Autonomous technologies such as Low Code/No Code, Intelligent Document Processing, Intelligent Virtual Agents, and RPA act as key enablers for such enterprises. Not only do they allow them to have an omnichannel presence to make smarter decisions with real-time insights, it also provides increased value to all stakeholders involved. And the seamless integration of these technologies, known as Hyper Intelligent Automation or HIA, is critical for the success of Autonomous Enterprises.
Automation adoption has soared in the recent past, with the current Automation spend estimated at USD 22-23 Bn, which is expected to grow at a CAGR of nearly 50% to touch a massive USD 170-180 Bn by 2027. With enterprises creating defensible moats against external disruptions – both anticipated and unanticipated, they are embarking on their Automation journey to become fully autonomous. As they traverse the Automation maturity curve, enterprises will reap benefits such as improved productivity, improved stakeholder experiences, improved outcomes, and faster time to service.
If you are looking for a strategy on how to accelerate Automation adoption in your organization, this whitepaper provides a comprehensive view of what steps to take to ensure each of your workflows are functioning optimally. From how to prepare an existing workforce, to creating partnerships with key ecosystem players, building an Automation-first culture and articulating a clear vision, the journey need not be intimidating.