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Is It Worth Implementing Robotic Process Automation (RPA)?

Is It Worth Implementing Robotic Process Automation (RPA)? It is a technology allowing computers to repeat manual operations.

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Robotic Process Automation

Robotic Process Automation is a technology allowing computers to repeat manual operations. Like humans, robots can open emails, log in to apps, gather data, follow decisions, and make calculations. RPA solutions help companies get more with less. They can minimize risks through increased visibility. It’s known that robots operate three times faster than humans.

Robots are best suited for rule-based and repetitive tasks. RPA tools can be used to automate a great number of labor-intensive processes and free employees’ time for other activities like problem-solving, exception handling, and troubleshooting. In finance, for example, RPA can be successfully used for invoice management, payment processing, reporting, and reconciliation.

Robots can be also used to structure and analyze large amounts of data to provide accurate forecasts. Simply put, robots have great potential to transform lengthy and inefficient operations in different industries. Among the major benefits of RPA solutions there are the following:

  • Reducing risks
  • Improving workflow quality
  • Cutting administrative costs
  • Enhance customer experience

There’s the view that RPA is a synonym for machine learning and artificial intelligence. However, that’s a wrong opinion. Robots can’t deviate from the set rules. They should strictly adhere to those rules. In terms of ML and AI, machines are taught to make decisions on their own.

1. Why Is RPA Trending?

Although we’ve already mentioned the main benefits of implementing RPA, let’s find out the reasons why this technology is trending. Robots can be applied to the automation of transactional rule-based activities where organized data and clear parameters are used.

The solutions are easily developed and implemented. RPA tools development requires low investment and expenditure. Besides, there are many sectors where this technology can be applied. Examples are customer care, business operations, IT, and human resources.

Robotic process automation tools allow businesses to configure software that processes transactions, manipulates data, initiate responses, and communicates with third-party apps. One of the key benefits of RPA is the ability to reduce staffing costs and eliminate human error. By automating low-value tasks, employees are free to work with customers and focus on their career growth. It also can eliminate human error in processes that are repeatable multiple times a day across the company.

To sum it up, check out the advantages your business can get.

  • Robots are eager to perform tasks around the clock. They don’t get sick. They have no day-offs. They are always in a good mood.
  • Robots don’t make mistakes.
  • When there are any changes in the process, it’s quite enough to make some changes in the script. Humans need to be trained.
  • One robot can replace 3-8 humans.
  • Robots don’t need any separate places in the office.

RPA has the potential to replace or eliminate jobs for humans. It is popular with large banks and retail organizations. It is used to help answer customer questions, issue refunds, automate expense management, etc. To implement an effective strategy, you’ll have to consider business expectations and involve IT. In the next section, you’ll see what technologies are used to develop RPA tools.

Robotic Process Automation-RPA

2. What Technologies Do RPA Developers Use?

First off, RPA developers should be good at problem-solving and analytical thinking. Below is a set of basic skills to start working on RPA projects:

  • Microsoft Technology (SQL Server, Windows, VB .NET, Web Services, etc.).
  • Understanding of rules and essentials of analytics, design, and development.
  • Skills with RPA platforms like UiPAth, Softomotive, Automation Anywhere, Blue Prism, Work Fusion, etc.
  • .Net, Python, Java, or C#.

Consider looking for RPA specialists, if you want to automate the following tasks:

  • Log into apps
  • Open emails
  • Move documents
  • Connect with API
  • Read databases
  • Scrape data
  • Calculate
  • Extract data
  • Merge data
  • Copy and paste the data

If your company uses legacy software and has a lot of repetitive work to do, consider RPA. insurance software development and banking are the industries that started to implement robots more than the rest.

The insurance sector, for example, uses special tools to automate sales processes, claims management, underwriting, servicing, and finance. In retail, robots can confirm and correct customers’ orders. In HR, robots can process applications and other documents. They are also able to search for and select the best-suited candidates.

3. How to Easily Implement RPA

Before conducting an in-depth business analysis, calculate how much you can save with robots. Choose the right technical solution and calculate ROI. Then you need to understand which processes can be effectively automated. Don’t hesitate to involve other companies for analysis and consultation. Software companies have extensive experience in the implementation of such systems, and most have a set of ready-made solutions.

Having decided on the tools, don’t rush to automate everything. Start with one or two pilot projects, then conclude the results and adjust plans. Try to automate not the entire process, but each of its operations. This will make it easier to support the solution and implement it in other company processes.

Helpful Resources:

1. 16 Best (free) AMP – (Accelerated Mobile Pages) WordPress Plugins

2. Do Human Translators Have a Reason to Be Afraid of Advancing Technologies

3. Artificial Intelligence And Its Demands To The Programmers

4. Artificial intelligence (AI): Friend or Foe to Future Designers?

5. E-commerce Chatbots: 13 Ways to Increase Sales, Conversions & Retention

Dmitry Reshetchenko is a Outreach Specialist for Diceus, a technology partner for developing enterprise solutions. He is passionate in his belief that a partnership with IT blogs is of great importance. Dmitry works mostly with Tech blogs.

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Artificial Intelligence (AI)

WORM-Compliant Storage: Exploring Write Once Read Many (WORM) Functionality

This is sometimes referred to as write once, read many, or WORM, compatible storage. With a name like that, it’s hardly surprising that many need help understanding it.

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How does WORM storage work

Organizations generate an immense quantity of data, yet sometimes they need or want to preserve it in an unalterable format.

For legal reasons, a non-profit organization may desire to keep its financial information in this format regularly. An institution may desire to save graduation records in this manner in case the actual records are lost in an accident. Businesses may desire unalterable records to avoid tampering, which might cover up fraud.

This is sometimes referred to as write once, read many, or WORM, compatible storage. With a name like that, it’s hardly surprising that many need help understanding it.

We’re here to help you get a grasp on things. Let’s go!

1. What Exactly Is Write Once, Read Many?

The simplest explanation is that it is immutable storage. You may write data to the storage device or medium just once. Following that, no one may legally alter the data in any manner.

CD-R discs are a basic kind of WORM storage. You may add data to the blank disk, but it will remain in that state indefinitely. You may damage or destroy the disk to prevent someone from accessing it, but you cannot modify the data contained in it.

WORM storage allows for repeated reads of the data. Assuming the disk or drive isn’t destroyed, there’s no practical limit to how often you can access the data.

2. How does WORM storage work?

There are two options for implementing WORM storage in your business. The first technique is hardware, which uses tape or a similar form of media that permanently stores data, making physical destruction of the WORM storage device the sole way to delete it.

Nonetheless, with many solutions migrating to cloud and SaaS services, selecting particular hardware might be challenging. However, many of these service providers now provide software-defined WORM solutions, which combine the flexibility of software with the strictness, security, and indelibility of hardware-based WORM.

Whether you utilize software or hardware to achieve your compliance objectives, the idea is the same. When someone writes data to a WORM disk, it remains there eternally. The assumption that you cannot alter the data on a WORM drive only refers to anything that has already been saved there; the ability to add new data is always available as long as there is adequate storage space on the drive.

Do you need WORM-compliant storage

3. Do you need WORM-compliant storage?

Unless your company works in the securities or healthcare industries, which are subject to SEC or HIPAA laws, there is likely no legal need to adopt write-once, read-many (WORM) compliant storage solutions. However, legal requirements are only one motivator for using WORM storage systems.

WORM compliant storage provides a key role in addition to regulatory compliance. For example, if you want to keep a safe archive of historically important documents, WORM storage is a wise solution. This guarantees that once data is written, it cannot be changed or erased, protecting the integrity and validity of critical documents over time.

Furthermore, in situations where internal workers may tamper with corporate documents, WORM storage adds an extra degree of protection. Creating immutable copies of papers makes it easy to check the correctness and validity of records, reducing worries about possible manipulation.

Likewise, WORM storage may serve as a protection for proof of trade secrets or intellectual property, providing a snapshot of data at a given point in time and preserving valuable assets from illegal changes or access. In conclusion, although WORM-compliant storage is not legally required for all enterprises, it provides essential advantages for data integrity, security, and crucial information preservation.

4. What are the primary advantages of WORM storage?

WORM technology protects businesses against many of the usual difficulties associated with data corruption and loss. The primary advantages of deploying WORM storage include:

Compliance With Industry Regulations

Using WORM storage helps firms comply with recordkeeping rules and laws. More than simply archiving data is required. Businesses must store their data in the right, unalterable format to comply with regulatory requirements and avoid significant fines and penalties.

Risk Mitigation for Poorly Archived Data

Companies must have a robust procedure for archiving all data. If information is needed as part of an audit or lawsuit and the required data is lost or damaged, difficulties (and penalties) will arise.

Better Information Security

WORM Storage secures precious and sensitive data and, more critically, prevents it from being doctored or changed. It guards against occurrences such as data being accidentally or purposefully manipulated.

Better Data Governance

WORM storage contributes to the present business-wide practice of rigorous and well-planned data governance. It also enables you to better adhere to the Electronic Discovery Reference paradigm (EDRM), a paradigm that describes the steps of the eDiscovery process throughout an inquiry.

5. Use Cases of WORM Storage

Professional content distribution includes financial records, police investigations, court testimony, computerized voting, and other applications in which data files must be safeguarded against manipulation or deletion, particularly when material is accessed, relocated, or transferred. Organizations transfer all data given over to the data investigation business onto WORM disks, ensuring that nothing changes beyond that point.

Transferring a read-only file across a network using encryption and passwords does not ensure that the file is original or untouched. Furthermore, it is usually preferable to enforce something in hardware rather than software since when the program is not operating, the data may be tampered with.

  • Corporate records
  • Financial and Insurance
  • Intelligence collection
  • Law enforcement
  • Electronic Voting
  • Court Proceedings
  • Medical Records and Devices
  • Public Records
  • Artificial Intelligence
  • Cyber-attack protection
  • IT security and log files

Conclusion

Write once read many compliant storage enables enterprises to safeguard information in a method that no one can tamper with. This may occur with something as basic as a CD-R or with software-based cloud storage.

The size of the data typically influences the medium used. You can keep a few papers on physical media without issue. Petabytes of data need a strong in-house storage ecosystem or a cloud storage provider.

If you decide to use a cloud storage provider, be sure to inquire about the retention term choices and redundancies.

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