Automation

Automation 101: Learn How Automation Will Fundamentally Change the Future of Work

Automation 101 is a series where we’ll breakdown wonky, technical automation topics at the 8th grade level.

As machines are quickly learning to complete the repetitive and time-consuming tasks that take up much of our workdays, workers are being freed up to think more creatively and ambitiously about their jobs. Instead of being tied down to tedious responsibilities, new worlds are opening up.

How is this going to transform and influence the future of work?

 

Register for the webinar

 

Changes in technology inevitably create a ripple effect across an entire organization. A South American insurance company, for example, recently upgraded its clunky manual process for reconciling claims by creating an intelligent processing system using natural language processing.

The system, capable of synthesizing thousands of pages of documents and spreadsheets, resulted in more than 90 percent reduction in time required to process. The employees previously charged with that responsibility were freed up to focus on more stimulating tasks that has the potential to scale the business.

Another example of how automation frees workers up to new possibilities comes from a German financial services company.

This organization saw a 60 percent increase in time efficiency automating just 10 planned processes. After realizing a return on its investment in less than 12 months, the company plans to automate more back-office processes such as form creation, name changes, prefilling data, updating statuses, and triggering investigations. Now teams can be redeployed into new parts of the business, exposed to new challenges and growth opportunities.

This is automation in action today. And are just a few examples of how automation is impacting the labor force’s daily lives.

For more examples of how automation is transforming businesses today, read our recent study The Evolution of Process Automation.

In it, we survey over 3,000 C-suite executives to deepen our understanding of automation across markets and provide three easy steps to get started on your automation journey:

• Think big and create an automation foundation.
• Start small and streamline expansion with an automation command center.
• Work differently and optimize digital processes to rebalance the workload.

Interested in learning how your level of automation stacks up against the organizations we surveyed? Take our assessment.

 

Read the study

Global Vice President - IBM Enterprise Automation

Add Comment
No Comments

Leave a Reply

Your email address will not be published.Required fields are marked *

More Automation stories

How AI and Robotics Can Extend the Power of Automation

It’s not breaking news that new technologies have the power to improve efficiency of any organization. But figuring out how to embed technologies like artificial intelligence, robotics, and automation into companies that have been around for decades is not a simple process; new tech is only valuable when implemented deliberately, and into onerous processes. Levels […]

Continue reading

The progress of automation in the financial services industry

Working across a range of industries as I do, I’m always interested to get the perspective of a peer group on the way automation is impacting their own particular industry. So when I gave the keynote speech at the recent Millennium Alliance FSI event in Palm Beach, FL, I relished the opportunity to meet with […]

Continue reading

This is not your grandfather’s automation

Automation isn’t new. But it’s changing. And what it’s changing into is going to alter your world. When automation was first introduced to IT departments, it was in the form of macros and code snippet generators that were intended to save valuable developer time. But developers love what they do, and what they do is […]

Continue reading