New research links lower stress levels and business automation
There are 12 technology trends to act as force multipliers of digital business and innovation over the next three to five years according to Gartner. The 12 technology trends are:
Gartner definesHyperautomationas a "disciplined, business-driven approach to rapidly identify, vet and automate as many business and IT processes as possible. Hyperautomation enables scalability, remote operation and business model disruption." Gartner notes that Hyperautomation involves the orchestrated use of multiple technologies, tools or platforms, including:
Gartner Top Strategic Technology Trends 2022
The top technology trends that will shape the coming decade, per McKinsey includes the following:
McKinsey: Top 10 tech trends that will shape the upcoming decade
With respect to the first tech trend, process automation and virtualization, McKinsey notes: "Around half of all existing work activities could be automated in the next few decades, as next-level process automation and virtualization become more commonplace.
"By 2025, more than 50 billion devices will be connected to the Industrial Internet of Things (IIoT)," McKinsey predicts. Robots, automation, 3D-printing, and more will generate around 79.4 zettabytes of data per year.
Both Gartner and McKinsey point to massive adoption of automation in business as a major strategic trend in the next decade.Automation will accelerate decentralization and digital transformation.
The pace of digital change in business shows no sign of slowing in 2022. The latest research from MuleSoft identifies 7 key digital transformation trendsthat will shape the future of work in 2022 and beyond. The top 7 trends shaping digital transformation in 2022 are:
According to MuleSoft, automation will be a fundamental driving force for the modern digital enterprise rather than being used in piecemeal projects. Hyperautomation is about scaling automation across the enterprise via the reuse of processes and the deployment of multiple, integrated technology capabilities -- such as lowcode platforms, machine learning, and robotic process automation (RPA). It's a market the analyst predicts will grow by nearly 24% from 2020 to be worth nearly $600 billion by 2022 -- as organizations look to identify and automate as many processes as they can rapidly.
PerDeloitte, 93% of business leaders expect to be using RPAs by 2023. 2021 research shows thatautomation will accelerate the decentralizationof businesses with a digital-first investment and new capabilities strategy. Customer service is an example line of business that will see significant hyperautomation. Service organizations are adopting hyperautomation. One area of service automation that's getting a lot of attention is chatbots. Currently,83% of customersexpect to engage with someone immediately when contacting a company -- up from 78% in 2019. This dynamic puts pressure on already-strained teams. Unsurprisingly, we've concurrently seen chatbot adoption grow at arapid pace.
The latest survey from Salesforce revealed that automation solutions increase productivity and better manage employee stress levels. The survey identified four key ways workplace automation has actually improved employee experiences, both personally and professionally. The Salesforce survey, fielded in October 2021 among 773 automation users in the United States, found that 89% are more satisfied with their job and 84% are more satisfied with their company as a result of using automation in the workplace. In addition, 91% of full-time workers say automation save them time and offer better work/life balance.
Here are the 4 key themes of the automation survey:
The positive impact of automation for employees
Adoption of automation throughout business is being driven from both outside and inside of IT. We are seeing incredible adoption of low-code or no-code automationacross all industries.By the end of 2025,Gartner predictsthat half of all new low-code clients will come from non-IT business buyers, as citizen developers on those teams shoulder more of their own projects, decreasing the burden on IT.
Whether through low-code technology or workflow automation, the secret to digital transformation is efficiently delegating work and increasing the automation output of all organizations. Business teams must be empowered to transform their own processes, automating simple, repetitive tasks -- and in so doing, powering successful experiences, both virtually and in-person, across ever-expanding touchpoints. The companies that will succeed and win in a digital-first economy are business that are fully committed in advancing their automation capabilities across all lines-of-business.
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Employee satisfaction increases as a result of automation in the workplace - ZDNet
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