Hyperautomation: what is it and why should you consider it in 2022

Today, automation is incorporated into all main industrial and economic spheres. And for many businesses-frontrunners, the concept of Robotic Process Automation (RPA) or Machine Learning (ML) is not new either - private and state-owned entities have started to realize the importance of innovation. So great, automation is not a new word for many entrepreneurs nowadays, but what is hyperautomation, then?

Hyperautomation is, basically, what it states in its name - it’s large-scale automation. It’s the automation of everything that can be automated. But what is actually the difference between “ordinary” automation and hyperautomation if both of these concepts are based on automating something?

The main difference, again, lies in scale. Simple automation is oriented towards automating smaller, individual tasks, while hyperautomation aims at automating the whole process, using multiple automation tools and technologies like Artificial Intelligence (AI), Natural Language Processing (NLP), Machine Learning, etc.

The relative emergence of hyperautomation is partly explained by the pandemic and the need to streamline the organizational processes and take the burden off the workers by automating the basic tasks which can be completed without human intervention. It’s no longer an option but “ a condition of survival” Gartner declares, also forecasting that by the end of 2022 “the worldwide market for technology that enables hyperautomation will reach $596.6 billion”. Organizations and businesses are going to transition from a bunch of loosely organized automation technologies to an automated system, working on its own with minimal human input. For corporations, simple automation won’t be enough in a long run - the results achieved won’t be sufficient for effective decision-making and large-scale operability.

To sum everything up, what can you and your business achieve with the help of hyperautomation?

  • Increased speed, accuracy, and efficiency. You no longer have to rely on the human factor to manually do the tasks -  the bots will do that for them, thus providing the employees with the time to concentrate on more personalized creative goals, impossible to accomplish without the human touch. Manual intervention to control the automation simply won’t be needed.
  • Constant supervision and workability. Depending on the industry, hyperautomation can have its benefits. 24\7 supply checks in logistics, system maintenance, and repairs in case of a break-down, support of back-end efficiencies for online services availability (like in online banking) - bots processes never stop and don’t need to rest.
  • Improved decision-making and business agility. When all the time-consuming repetitive tasks are automated, even management has more time for strategy-making and planning for the future. With more workforce available and eager to engage in more creative and thoughtful tasks, management is able to allocate the resources more rationally, knowing that all the basic organizational needs will be covered by hyperautomation.

That is the basics of hyperautomation. Being listed in Gartner’s Top Strategic technology trends for 2022, it seems that hyperautomation is here with us to stay. Global companies have already started to adapt its features. Are you ready to do the same?

Thinking about implementing hyperautomation in your business? Or just wondering where to start with RPA or Machine Learning? Contact us!

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