Zinnov conducted a joint study with UiPath, that showed that Hyper Intelligent Automation (HIA) will become key to accelerate outcomes in the wake of COVID-19. HIA is a holistic, end-to-end automation philosophy that augments the core RPA competence with additional capabilities such as Use Case Discovery, Intelligent Document Processing, and Analytics for reporting and dashboarding. The Zinnov-UiPath study stated that Indian Billion-dollar Large Enterprises have spent INR 300-375 Crores on HIA in 2019 alone, and this is set to reach a staggering INR 2500-2700 Crores by 2024, at a 55% CAGR. The increased HIA spending through 2024 is expected to be channelized towards enterprise-wide scaled automation through HIA, as Large Enterprises will explore more complex use cases such as domain-specific and IT & ER&D automation.
What are the factors driving HIA adoption in these Large Enterprises? How is India positioned in terms of HIA talent vis-à-vis the rest of the world? How can enterprises accelerate their HIA journeys to realize the benefits that the technology has to offer?