The future is about hyperautomation

In today’s world, market dynamics require companies to stand out from competitors, deliver effective solutions to their customers, and find new ways of thinking about the future.

Therefore, the proliferation of technical terms creates limitless competition in the race to stay up to date.

Hyperautomation is an innovation that has been gaining attention.

To be fair, the idea itself is not that new, as Gartner Consulting highlighted it as a future trend back in 2019.

Since then, the concept has gained momentum and has been adopted by more digitally mature companies as a new formula for business expansion.

Ease of use is particularly enhanced when this knowledge is disseminated outside the programming environment through no-code interface–based automation,

allowing every citizen to automate tasks.

Considered a natural evolution of automation, hyperautomation enables companies to handle even more complex processes.

It harnesses the power of artificial intelligence and machine learning to increase the efficiency and flexibility of measurement and monitoring activities.

The exact impact of hyperautomation will continue to be studied, but market forecasts indicate that next year 70 % of companies will adopt the services provided by this new system to improve decision-making and project management.

Want to know more about the importance of hyperautomation for your organization?

Keep reading this article to learn more!

The emergence of the term hyperautomation has raised some questions about its meaning and how it compares with the automation already known and accepted in companies.

Basically, the difference between the concepts lies in their scope and the complexity they involve.

Automation is associated with using technology to automate repetitive processes, such as assigning responsibilities and tasks.

Hyperautomation operates on a much larger scale, defined as a set of advanced technologies such as artificial intelligence.

How companies view hyperautomation

Machine learning and business process management (BPM) are applied to more complex purposes, such as data interpretation, classification, and predictive decision-making results.

Future forecasts indicate the expansion of hyperautomation use by companies across various sectors.

According to a study by McKinsey Brazil, companies characterized by digital maturity grow three times faster than corporations that still prefer analog practices.

The combination of elements offered by hyperautomation is gradually being adopted by the communications and financial sectors,

mainly because they see the ability to measure data and predict consumer behavior as an opportunity to deliver precise, personalized solutions to their customers.

According to Gartner’s report, this trend has already become a reality and will bring economic benefits, reducing costs by up to 30 %.

The answer to that question is yes—hyperautomation is already among us and is bringing benefits to work processes.

Logistics in the future

Logistics, marketing, and finance departments will embrace the practice and reap the benefits of replacing manual routines with advanced technologies.

One model comes from the procurement sector. Normally, the process of paying invoices and onboarding suppliers is lengthy and costly.

The introduction of hyperautomation has broken this paradigm by bringing in machine learning and enhancing documentation capabilities, making activities more practical.

Conclusion

With optical character recognition (OCR) readers, the department eliminates manual entry steps and automates the bill-payment process,

eliminating bottlenecks and bringing transparency to the area.

In the supply chain, using automated mechanisms can help manage the dispatch of materials and orders,

with tools that can estimate order delivery times or forecast potential delays.

Hyperautomation can also add greater detail to the management of fleets and warehouses, generating gains in inventory organization.

Management software is another tool that can create a centralized ecosystem leading to the implementation of hyperautomation.

With Runrun.it, for example, the user has an automation hub that unifies key workflows, such as delegating tasks,

assigning activities to the next stages, and executing bulk deliveries.

Through integration features, the tool facilitates communication with other systems such as service desks, CRMs, calendars, and BI platforms,

making it easier to track results and make decisions.

This practice covers different areas of expertise, such as task automation, business operations, and event processing.

Information source: blog.runrun.it

\