The fact that machine learning is increasingly facilitating and influencing our daily lives has almost become a truth universally acknowledged nowadays. However, whilst we seem to have accepted the potential of machine learning at home, many still lack an understanding of its potential at work.
How does reducing your cost by up to 75% while at the same time improving your work speed, accuracy, and control sound? At first, some may deem this to be ‘too good to be true’. However, the truth is robotic revolution is here, and advances in automation have made such an ideal scenario possibility.
In today’s ever-changing environment where ‘disruption’ and ‘innovation’ are the buzz-words everyone wants to inject in their strategies and business plans, it’s not easy to keep abreast of the facts of the major emerging technologies. One such technology is Robotic process automation, or RPA.
Robotic Process Automation (RPA) could be an innovative and disruptive way to tackle some aspects of this national issue. Whilst jobs involving manual work cannot be replaced by software, all those back-office jobs involving any sort of repetitive computer-based tasks are very good candidates.
Many traditional businesses with legacy approaches risk falling behind digital-first companies if they stay with the status quo. It takes a comprehensive transformation of business and operating models to compete in their own market at the level at which a Tesla or Amazon do in theirs.
For years, robots have played roles in manufacturing, medicine, warehouse operations, and other industries. How can they help improve our businesses? You cant physically see them but robots are everywhere. They drive your internet searches and retail recommendations.
Imagine you are a parent whose child is applying to get into school. You'd want your child to have the best possible chance of being accepted at the school of your choice, right? Now, what if you knew that the decision of where to place your child was being made by artificial intelligence (AI). Would you trust an algorithm to have your child's best interests at heart?
Blockchain is an emerging technology that has been around for less than 10 years, yet its surge in popularity over the past couple of years has been remarkable. Being initially launched as the technology powering bitcoin, it has since been through several evolutions by different projects.