Robotic Process Automation
Organizations today are increasingly adopting new age technologies like IoT, cognitive computing and task-level Robotic Process Automation (RPA) to overcome challenges like reducing Total Cost of Ownership (TCO), increasing workforce efficiency, reducing human error and so on. RPA, in particular, brings the speed of digital to the market while reducing the high cost of employing humans for executing Standard Operating Procedures (SOP).
RPA is a technology in which bots (robots) replicate the manual work done by humans. This could range from configuring existing software while ensuring existing systems are undisturbed, to capturing and interpreting application processes, manipulating data, creating communication channels with other systems and so on.
Once the RPA software is programmed to understand specific processes, it can automatically process data, manipulate data, trigger responses and communicate with other systems as and when required. Rule-based processes can also be easily re-configured because RPA is basically code-free and does not require critical programming skills to modify the pre-coded bots.
This in turn, makes process execution scalable and elastic ⎯ a key requirement in today’s dynamic business environment.
Benefits of RPA
Why Mindtree for RPA
While RPA is being seen as a quick way to reduce costs and improve performance, in order to implement RPA effectively, it is important to understand how RPA works and how best to apply it in business.
Mindtree uses its proprietary RAPID framework to maximize benefits from all RPA implementations. Our RPA opportunity identifiers include the following:
Our RAPID framework not only helps implement RPA in the least amount of time, it also enables quick ROI. This is because we use our POC-driven approach to scale it up to enterprise grade implementations.
Below are key areas in RPA where Mindtree has helped clients build efficiencies:
Over the years, Mindtree has worked with a number of clients to provide RPA as a service. As a result, we have developed 150+ bots in various areas like business processes (ie., HR, Finance), IT processes (ie., Report generation, Data manipulation), Infrastructure processes (ie., Deployment). This has resulted in the following benefits to our clients:
- 16000+ hours saved in terms of human effort
- 20%+ increase in efficiency
- 22%+ increase in productivity
- ~30% reduction in TCO
- Increased employee satisfaction as a result of moving employees higher up the value chain
Some of our bot implementations are as follows.
Leading Consumer Packaged Goods firm automates Distributor creation process using Robotic Process Automation
The client is a large Consumer Packaged Groups company headquartered in UK. Its products include food, beverages,cleaning...