Robotics Process Automation (RPA) has already created significant traction in the GCC region, due to high interest shown by the Middle-East CXOs. The regions in-line with the global trend have rapidly opened up to embark on the RPA and Intelligent Automation transformation wave.
Governments are mandating their departments to use intelligent automation to drive efficiency, inject innovation into the economy, and improve citizen, resident and tourist satisfaction by providing fast and efficient public services. All GCC governments are aiming to leverage intelligent automation technologies in this way — and that helps all organisations to accelerate their efforts to generate new value and revenue through greater efficiencies and smarter customer interaction.
RPA is key to the efforts of incumbent companies to digitise themselves as it offers a practical solution that is fast to deploy and flexible, making it easy to adapt to any legacy environment. With proven benefits – including an average of 60% reduction in processing time for automated processes and the elimination of errors – companies are already experiencing the benefits of RPA with the market expected to reach $2.9 billion in 2021.
One of the foremost driver due to which the RPA market is gaining traction is considered its success in increasing operational excellence in the rapidly developing Middle East and North Africa.
At present, corporates in the financial services and telecom space have started their RPA journey as early adopters. However, entities in other sectors as Oil & Gas, Healthcare, Retail, Real estate, manufacturing and Government sector are expected to join the bandwagon very soon. Hadoop estimated that companies could potentially save between $5 trillion to $7 trillion through the implementation of RPA technologies by 2025.
Since IA technology is still being adopted, we are only on the cusp of a tsunami of transformational change in operating philosophy that is going to prevail in the near future.
The 4th Annual Intelligent Automation and RPA 2020 Middle East summit is the region’s number one event for business leaders who are transforming their organisation through RPA, Intelligent Automation and Artificial Intelligence. The event is the only regional platform bringing together game-changing Intelligent Automation case studies, inspirational presenters, and insight from global big brands, businesses, and organisations to discuss how they are maximising Intelligent Automation within their organisations to deliver truly game-changing business results.