RPA (Robotic Process Automation), which refers to the automation of business processes using software robots, is one of the hottest fields in technology.

RPA robots use user interfaces (UIs) to capture data and simulate human-operated applications. They can mimic the behavior of most human users, identifying, triggering, responding, and communicating with other systems to perform a variety of repetitive tasks, including logging into applications, moving files and folders. Copy and paste data, extract structured and semi-structured data from documents, crawl data, and so on.



The RPA market broke the $5 billion mark

Transparency Market Research’s prediction that the global RPA Market will be only $5 billion by 2024 has been frequently cited by the media for some time to show that the RPA Market is not as big as it might seem.

But is this really the case?

Media references to TMR data clearly fail to take into account the enhanced role of artificial intelligence (AI) in RPA.

RPA combined with AI capabilities is no longer just RPA, so whether the market can break through this ceiling depends entirely on how we define the future of RPA. After RPA+AI, the traditional RPA capability boundary will be greatly expanded, far beyond the RPA ecosystem, and there will be much more room for imagination.

Also optimistic about RPA is Gartner, a leading US information technology research firm. In a recent research report, Gartner estimates that the RPA industry will be worth $1.3 billion a year.

As the range of RPA scenarios continues to expand and its value continues to be explored, what RPA will look like in the years to come without a clear definition remains open to change.


Will the RPA industry become polarized?

The RPA industry is expected to shift in two directions in the future.

On the one hand, there will be compliance, high safety requirements of large projects; On the other hand, there will be low-end prices and independent development and use for enterprise IT departments.

Clearly, the future of the RPA industry will see different development costs, cycles, and processes for both large and small projects. This, therefore, requires RPA vendors to have more strategies beyond the standardized development process.

At present, UiBot, a subsidiary of Laiye Technology, has formed an RPA developer ecosystem, which has attracted more than 200,000 developers to join. These developers can solve many RPA problems and fulfill more forms of personalized requirements.

Build the corresponding RPA open platform to create a unique solution for enterprise automation.

Ecological construction can provide more solutions for more players, while at present, for large customers, domestic RPA manufacturers mainly provide customized solutions.

However, it is certain that the industry is still optimistic about the development of the domestic RPA industry. We believe that in 2020, all walks of life will witness the further development of RPA in China.

RPA：https://www.uibot.com.cn/ 


The original address: https://forum.uibot.com.cn/thread-5313.htm