Robotic Process Automation Predictions for 2020
Last year saw robotic process automation experience significant growth, traditional functions like customer contact function, data management departments, finance and HR have been furiously piloting RPA projects as the new decade represents significant opportunities for businesses to automate manual rules based activities.
I have 10 predictions that we will see progressing in 2020!
1. From the 'Big Three' to the 'Big Two'
The market will stop referring to the 'Big Three' as UiPath, AA and Blue Prism, and focus on the 'Big Two' as most enterprises will invest in a core RPA platform from AA or UiPath. The growth of UiPath and AA will dwarf the growth of Blue Prism.
2. Process and Automation Team integration
Increasingly, organisations will merge their process improvement capability and their RPA capability into one team to have more of a defined approach for every process. It will be recognised that there is “nothing more inefficient then to automate something that does not need to be done at all!”
3. Increased adoption of a bot for every person
There will be many more examples of organisations adopting a strategy whereby they provide a robot for every employee in the business. An attended bot on every employees workstation will become more and more mainstream as RPA becomes easier to use and organisations desire innovative methods to attract and retain staff.
4. Visible impact on headcount
The elephant in the room is the impact of RPA on FTE. For the last two years, many companies have at least piloted RPA. The impact of this automation has been a release of capacity to focus on other tasks, or that staff attrition is then not replaced. As RPA reaches a tipping point, many organisations will displace existing staff in favour of a lower cost RPA model.
5. Attended RPA will be the norm for customer facing roles
For example, contact centres looking to improve customer satisfaction and the productivity of their client facing teams, HR onboarding teams or insurance processing claims, will leverage attended bots as it will become the “norm” integrating the power of man and machine.
6. Standard toolkit for intelligent automation
By the end of 2020, I predict a recognition that the core components of an intelligent automation toolkit will include more than just RPA.
The toolkit will require:
robotic process automation
process analytics (process mining and / or discovery)
intelligent data capture (optical capture recognition + AI + more)
workflow capability (typically through BPM (Business Process Management)).
7. Consolidation in RPA
With the high growth of the 'Big Two', other automation companies will acquire in attempt to keep pace, and new entrants will buy RPA capability in order to enter the market. Just last week Appian (a low code automation player) acquired Jidoka (a small RPA business with Pepsi as one of its clients). We will see many more acquisitions like this within RPA, and therefore a consolidation of the top 10 RPA organisations but no acquisition into further RPA by Microsoft!
8. RPA to replace testing products
With the enterprise usability of RPA, and the new products being launched focused on testing, increasingly organisations will use RPA instead of their traditional testing. RPA lends itself particularly well to User Acceptance Testing (UAT) and end user testing, with its codeless programming testers can create scripts easily at scale in a safe environment. Using nuanced configurations, RPA testing can be more accurate, flexible, productive and cost-effective.
9. API market will be impacted
With the growth of RPA as an alternative to sometimes expensive APIs; the growth of companies providing API services will be impacted. More and more companies will reduce the use of APIs in favour of RPA.
This becomes a “no brainer” for applications where APIs are difficult to set up ie the ERS system in the NHS, or green screen / AS400 systems still across industries.
10. RPA will become key to attracting young talent
RPA will become a necessity for organisations looking to attract the best talent, particularly in Finance where automation will be a real differentiator for a workforce with different expectations. The next generation of talent will start to expect transactional activities to be largely automated as well as being provided with their own bot.
If you want to know more about how RPA could benefit your organisation we have a series of webinars and Breakfast Briefings across Europe.
Visit www.proservartner.co.uk/events for more information and details of how to register your interest, and feel free to reach out to me directly.