What is Hyperautomation?
Hyperautomation involves the process or notion of automating everything that can be automated within a firm. Firms that want to include hyper automation have the goal of streamlining their processes throughout their business by making use of artificial intelligence (AI), robotic process automation (RPA), and other mechanisms that enable their operations with the exclusion of any human intervention.
Hyperautomation is also a more novel method of automation. Moreover, Gartner, which is a technological research and consulting firm based in Stamford, Connecticut, places it on one of their top 10 lists of strategic technological directions to lean towards. According to a recent poll they carried out, 85 percent of participants wanted to grow or sustain their organization’s hyperautomation efforts within the next twelve months, and over 56 percent had four or more ongoing hyperautomation efforts. Gartner has also made the claim that hyperautomation is increasingly transitioning from a choice to a need, as outdated work procedures rank at the top when it comes to workforce issues.
In addition, it is vital to consider the role that the pandemic has had when it comes to the adoption and growth rates of hyperautomation in the market and how it has aided in prioritizing digital transformation and automation efforts throughout the previous year. In a business environment that is functioning in a more distributed way, hyperautomation reduces the strain that repeated procedures and old technologies place on a company and its assets. The change that can be brought by hyperautomation to an organization allows it to run more efficiently, which frequently results in lower costs and a better competitive position.
Old technologies and procedures can significantly slow down a firm and have an impact on their capacity to respond to competition. Straightforward, task-based automation does not produce the cross-functional outputs required to drive corporate decision making and outcomes. Hyperautomation can completely alter an organization through the automation of as many tasks or procedures as possible.