As businesses enter the last quarter of the year, it’s time to slow down a bit and focus on the automation trends that will shape the future. As businesses are slowly shifting gears from surviving to growing, an intelligent workforce will fuel the growth and help organizations build competitiveness in the ever-changing business environment.
Here are five trends and predictions to watch out for in 2022.
1. Hyperautomation will continue to boom.
Hyperautomation has been a hot topic for a couple of years now. Digital transformation and process automation have accentuated the need for hyperautomation. In fact, Gartner predicts that the global market for technologies enabling hyperautomation will reach $532.4 billion in 2022. By the end of 2024, most of the hyperautomation initiatives will be mature, helping organizations redesign their processes to save operational costs as much as 30%.
2. Automation at scale will be a challenge.
Scaling automation is perhaps the most common challenge sighted for reaping the full benefit of an automation program. While most enterprises successfully implement their pilot projects, they are often blocked by the limited visibility into complex, interrelated processes. In addition, piecemeal automation is bound to break when processes evolve. This is why enterprises need a process discovery tool like SurfaceAI to uncover hidden automation opportunities to get greater returns.
3. AI and ML-powered tech will lead innovation.
Artificial intelligence coupled with machine learning is accelerating innovation at a pace like never before. Intelligent process discovery will give granular insights into hybrid, remote, or in-office work models to enable organizations to automate complex processes end-to-end. An AI-enabled process discovery tool can easily spot variations and deviations that the naked human eye can easily miss. AI coupled with ML, IoT, and other advanced technologies can pave the way for new approaches to getting things done in the most innovative ways.
4. An augmented workforce will accentuate creativity.
Gartner predicts that one in three jobs will be converted to software, robots, and intelligent machines. RPA, for instance, creates a digital workforce by automating mundane tasks to free up employees for more creative tasks. Moreover, with continuous learning and execution, technologies like RPA, will augment the workforce, creating space for more work that requires a human touch.
5. Low code automation will gain wider adoption.
Accelerated digital transformation is putting pressure on IT leaders to implement new technologies while minimizing time to value. As such, low code and no code automation are gaining high popularity and broader adoption. With low code automation applications, people with little or no knowledge of coding can create enterprise-grade tools. Low-code automation is critical to fill the gaps created by hiring shortage, not to forget the ongoing great resignation. Without the right resources and talent, enterprises will increase their investment in low-code technology to be lean, efficient, and modern organizations.
What trends do you think will lead the future of work? If you want to stay ahead of your competitors, choose the best solution for our organization. Don’t know where to start? Talk to our experts today.