(Note that while the true ROI would have to be calculated post-deployment, you could use a similar rubric to project potential cost savings as a means of getting buy-in, provided you’re using reasonable estimates.)Ĭost savings show an initiative is earning its keep, especially in an age when IT leaders are regularly asked to operate under a “do more with less” banner. There aren’t too many CEOs or board members who complain that a particular initiative didn’t cost the company enough money. Measuring RPA performance: 6 metricsĬost savings are not the only way to measure results, however. Tevron’s CitraTest APM solution directly addresses the key critical IT needs identified in Aberdeen’s Applications Performance Management Research.The best metrics will inevitably vary by organization (and organizational goals), industry, and other factors. This feedback loop means that you can continue to drive incremental operational and strategic improvements over the longer-term. Software robots integrate seamlessly into any system and constantly report on progress. This is your chance to seize competitive advantage – enjoy reduced costs, shorter time to project implementation and increased accuracy. Did you know that some estimates claim that robots may replace 800 million workers by 2030? The bottom line is that regardless of your industry and vertical segment, robots are here to stay. Robots have already replaced humans in 25% of China’s ammunition factories. The IT industry will continue to need talented people who can manage new operations, program the robotics and adapt and maintain new equipment. Just as there was a move from farm work to factory work back in the early 20th century, almost every sector will need new skills. After all, it is only by leveraging technology that we can innovate and strengthen the IT industry’s ability to hire employees with the right high-tech, high-touch skills needed in this digital age. However, you cannot afford to stick your head in the sand and ignore new developments. Why is RPA transformational? Of course, some people are apprehensive about automation and worry about impacts to employment.
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