Robotic
automation involves a practice in which a machine or computer
software mimics human actions in order to complete rule-based tasks.
In context of IT industry, robotic automation is accomplished by
using automation software, which utilizes the Robotic Process
Automation (RPA). Some basic processes in IT, which can be managed
through robotic process automation include access management, request
management, availability management, monitoring, incident management,
and problem management.
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Robotic
automation helps reduce the operating costs while additionally
supporting agility in order to meet the customers’ varying and
evolving needs. The robotic automation software tools help automate
existing user actions and thereby, facilitate IT companies in
incurring cost savings as robotic software can replace the employees
performing similar repetitive tasks.
Key
factors driving the global IT robotic automation market include cost
benefits and improved efficiency over manual process handling,
ability to leverage other application software without integration,
increasing adoption in finance and accounting (F&A) sector and
potential alternative to offshore outsourcing among others. The
robotic process automation reduces the need for human intervention in
routine repetitive tasks and thus creates a virtual workforce capable
of handling large number of repetitive tasks. Further, the automation
occurs at the GUI layer thereby eliminating the need of integration
with other systems. Moreover, robots can work 24x7x365 eradicating
the constraints of human labor to work for limited hours. Thus,
significant reductions in cost, time and labor can be achieved by
implementing robotic process automation.
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The
IT robotic automation market has been segmented by type into tools
and services. The RPA tools are further segmented into model-based
application tools and process-based application tools. The RPA
services are further studied based on professional and training
services. Professional services are further segmented into
consulting, integration and development, and BPO services. The market
size and forecasts in terms of revenue (US$ Mn) for each of these
segments have been provided for the period 2014 to 2020, considering
2012 and 2013 as the base years. The report also provides compounded
annual growth rate (CAGR) for each segment of the market for the
forecast period 2014 to 2020. Geographically, the IT robotic
automation market has been segmented into five regions, namely, North
America, Europe, Asia-Pacific, Middle East and Africa (MEA) and Latin
America.
The
report includes market dynamics, opportunity assessment and the
impact analysis of robotic automation on the IT industry. It also
includes ecosystem analysis to recognize key participants in the IT
robotic automation along with their role in the ecosystem. We have
included future trends that will impact the demand. The study
provides market estimation in terms of revenue and forecast for the
period 2014 to 2020.
The
IT robotic automation market comprises RPA technology providers and
RPA service providers. Some of the key technology providers for RPA
include Blue Prism, IPSoft, Inc., Be Informed B.V., Appian
Corporation, and Automation Anywhere Inc. whereas RPA service
providers include Sutherland Global Services, Tata Consultancy
Services, Accenture plc, Cognizant Technology Solutions, Infosys
Limited, and Hewlett Packard Company.
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Press Release IT Robotic Automation Market
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The
report analyzes the global IT robotic automation market in terms of
revenue (US$ Mn). The market has been segmented as follows:
IT
Robotic Automation Market, by Type:
- Tools
- Services
IT
Robotic Automation Market, by Tools:
- Model-based Application Tools
- Process-based Application Tools
IT
Robotic Automation Market, by Services:
Professional
Consulting
Integration
and Development
Application Management
Infrastructure Management
BPO
Application Management
Infrastructure Management
Training
IT
Robotic Automation Market, by Geography:
- North America
- Europe
- Asia-Pacific
- Middle East and Africa (MEA)
- Latin America
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