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Automation technologies are increasingly in demand across all industries because they can increase productivity and efficiency in the face of macroeconomic volatility. There is a problem. The current technological architectures hinder development and 80% worry that automation will increase technical debt. A well-executed automation plan can encourage rapid expansion. This article explains how businesses can begin their automation journeys in the right manner.
When you hear the word automation, what comes to your mind? A group of robots that execute human tasks efficiently is most likely what comes to mind. One possibility is for robotic arms to build cars and computers on a factory floor. Robots are an excellent example of automation. But they're not the only ones. Automation is now a common feature in our daily lives. It can be used to automate everything, from filling out forms to calendar sync.
Salesforce commissioned a survey to find out that 91% of IT decision-makers and CIOs said that their businesses had seen an increase in automation over the last few years. Today's companies are more aware of the potential benefits of automation and appreciate its advantages. But, decision-makers still have a question: How can they use automation to grow their businesses?
Implement Automation Correctly
"Organizations in every industry are eager to improve customer experience and automate processes as fast as possible. But if they use the wrong tools or techniques, they will impede innovation." Matt McLarty is MuleSoft's global field CTO and VP of digital transformation. It is vital that organizations adapt to technological changes, so they can build automation and connect data and apps in a holistic way. Organizations that don't adopt a more flexible approach to technology risk increasing rather than decreasing their technical debt.
Automation drives growth
More than half (44%) of businesses use API management and integration capabilities to support their business process automation efforts. They are trying to realize the potential of automation to support growth and provide more efficient growth with less disruption. It is possible to automate operations at scale more efficiently and offer linked customer experiences faster, according to 53% of CIOs/IT decision-makers whose businesses have leveraged integration and API management capabilities up to "some degree." Businesses should also try to coordinate their use of different technologies, tools, and platforms to automate business as well as IT activities.
Automating and managing hybrid environments
Futurium recently reported in a study that 79% of enterprises "hit a wall" with existing cloud platforms and tools.
Jeff Kukowski, CloudBolt CEO believes that automation islands throughout an enterprise are one of the greatest drains on productivity and budgets. Multiple teams of developers adopt different tools and then use them for their own purposes, without any coordination or alignment. This means that developers must constantly reinvent the wheel and re-use existing resources as little or not at all.
Any other team can use the same integration, configuration, and policies once a tool is integrated. With built-in security policies and guardrails, developers can see all the available configurations of resources in the common exchange.
Automating correctly is enough to make your business grow and increase productivity.
The right tools and capabilities
Salesforce research shows that hyper-automation will be a major feature of nearly all enterprises' technological agendas over the next 2 years. To create and adjust automation projects, they must have the right equipment and skills. Organizations should not assume that once an automated process is in place, it is finished. Creating a positive business culture and continuously finding ways to improve is crucial for long-term business success.
Process mining and RPA can help you enhance digital transformation
Recent investments in automation have increased the interest in process mining tools. Despite the promise of process mining, it is only beneficial when integrated with robotic processes automation (RPA). Gartner's survey showed that more CFOs expect these technologies to collaborate in the coming years to accelerate the advancement of financial operations.
According to 80% of finance directors, digital technologies will be used more frequently by their departments in the future, including RPA and AI. This will make the business more productive and efficient. When it comes to RPA, CFOs believe that investing in process mining is the best way to generate great returns.
Accelerate digital transform: CFOs need a finance function that supports their company's strategic goals in order to accelerate digital transformation. The majority of businesses today see digitalization as a part of their goals. Finance must digitalize its finance function in order to support digital enterprise efforts.
Fintech optimization is important: If top finance executives understand the technology needed to modernize their company, the business will experience digital transformation twice as fast. Finance executives who are successful understand the importance of investing in a portfolio to increase its value. They are also aware that their decisions can have an impact on future technological options.
Automate your vulnerability management
Organizations should recognize that security must be a shared responsibility in order to manage cloud risks effectively. The observability-security confluence is essential for giving development, operations, and security teams the backdrop to understand how their apps are interconnected, where the flaws are, and which ones need to be prioritized. This improves risk management and incident response.
Businesses should seek out solutions that enable greater operations management through AI and automation capabilities to be truly effective. These solutions allow their teams to quickly discover and prioritize risk at runtime, stop attacks immediately, and fix software flaws before they can attack.
Companies need reliable automation solutions that can handle a variety of tasks and use cases. They will be able to automate their corporate activities more easily and securely if they adopt a consistent approach to automation. These strategies could be a great help to businesses when it comes to automation.