The Impact of Robotic Process Automation

Hey there, friend! Hope you’re well. Today, I fancied a chat about something that’s been turning my gears recently – Robotic Process Automation, or RPA as the cool kids call it. Now, I can tell you’re wondering, “What on earth is that? Sounds like something off Star Trek.” Well, let me fill you in!

Robotic What?

A while back, I was just like you. I heard “Robotic Process Automation” and my mind went straight to images of C-3PO. But alas, RPA is not about lovable gold-plated robots, it’s a technology that uses either computer software or Robotically Controlled Equipment to control and manage any processes which are repetitive, high-volume, and rule-based. In simpler terms, it’s like having a robot secretary efficiently doing the mundane tasks that would otherwise occupy half your workday (Deloitte, 2020).

How Robots Changed My Life

You’re probably thinking this doesn’t connect to your life in any possible way, but oh, how wrong you’d be. Picture this – I used to spend hours sorting through my emails, going through data entry and reconciling my finances. It was tedious, drained me and left me limited time for more interesting tasks. But ever since I allowed RPA into my life, it’s been smooth sailing. My ‘robot secretary’ helps sort through all my emails while I’m asleep, freeing up more time for me to create content and manage my team. Pretty cool, right?

The Wider Impact Of RPA

But it’s not just about my or your life. RPA is transforming whole industries, making them more efficient and cost-effective (McKinsey & Company, 2019). Think healthcare – rather than medical professionals needing to wade through mountains of paperwork, robots can handle data entry and sorting. This leaves healthcare workers with more time on their hands to actually care for patients and saves the industry massive amounts of money.

Smooth Isn’t Always Easy

Now, I won’t paint RPA to be the perfect solution. Like all technological transformations, it’s come with its share of challenges. You’ve got the task of integrating these systems into your current processes, ensuring they’re compliant with your business regulations, and let’s not forget the fear of job loss for those whose roles are replaced by RPA.

A Bright Future

Even with these concerns, it’s hard to overlook the advantages that RPA brings. And it’s clear it’s not just a passing phase — Forrester predicts that the RPA market will reach $2.9 billion in 2021 (Forrester, 2017)! With numbers like that, it might just be time for all of us to sit up and take notice.

Till Next Time

Before wrapping up, think about the tasks you find boring and repetitive in your daily life. Wouldn’t it be nice to hand them over to a swift, efficient robot? Well, thanks to RPA, it’s no longer Star Trek, it’s reality. Catch you next time when we dive into another fascinating topic!