Robotic Process Automation

Robotic Process Automation (RPA) helps businesses create a digital workforce that works side by side with employees, freeing up human capital for more important tasks. This digital workforce or RPA robots utilize the user interface to capture data and manipulate applications just like humans do. They interpret, trigger responses and communicate with other systems in order to perform on a vast variety of repetitive tasks. The global Robotic Process Automation (RPA) market size was valued at USD 357.5 Million in 2017 and is expected to register at a CAGR of over 30% over the forecast period and the robotic process automation market size is expected to reach $8.6 billion by 2023. Increasing demand for Business Process Automation (BPA) through the use of AI artificial intelligence and software robots is anticipated to be the key growth-driving factor for the market.