The year 2021 is to be considered as the year of Automation, here’s why. The COVID-19 pandemic leads to nation-wide lockdowns in almost every affected country making employees work from home. And this ‘work from home’ model is being accepted by every industry out there. But not all enterprises can experience such a boon as many are subjected to manufacturing and supply chain industry. Thus, various industries are comprehending the importance of implementation of new advancements for businesses to function efficiently. These technologies have had been utilized by many enterprises as it promises a secure business structure and help in cost-cutting without disrupting the production or efficiency.
Currently, numerous organizations are harnessing Automation to robustly refine the customer experience, whilst its digital benefits can be useful in other services through optimization. More than competition, the company is always more concerned about adjusting their market dynamics as per the customers’ expectations are need. Through automation, every enterprise can make up their losses and gain more growth if taken transition to automation as early as possible. As per the World Economic Forum, almost more than 80 percent of C-level executives are planning to digitize their organizational processes and deploy new advancements. Meanwhile, other substantial working executives plan to integrate some new process which goes handily with the automation in their factories. Meanwhile, it is also been said that automation can be seen in various others sectors such as cybersecurity and even retail.
Artificial Intelligence (AI), you might have come across this concept many times, then should understand that many industries are trying to implement in their process as it’s the future. Once said “Internet is the new big thing” for Internet by Microsoft Founder Bill Gates, we can say that Artificial Intelligence is the new big thing. AI gives system the power to make decisions as per the situations without any manual interference, resulting in the eradication of human error. Along with this there are also various leading technologies such as Machine Learning (ML), cloud services, IoT are accelerating automation such as robotics to Virtual Reality (VR) and Augmented Reality (AR) for businesses in such industries. Thus industries like automobile, healthcare, aerospace, as well as in financial services are harnessing this automation for greater stature in the future.
Source : Business Magazine | Tycoon Success
Implementing Automation via AI & cognitive bots leads to reduced human intervention in daily IMS activities helping engineers manage higher-value tasks
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