San Jose, Kalif (ots/PRNewswire) – Companies could save 10% in costs on CIO budgets.
Automation Anywhere is a leading provider of automation solutions that leverage AI across all areas of business. Recently, the company announced the launch of the industry’s first generative AI automation solution that will dramatically reduce automation development times and revolutionize the automation market. At the heart of the company’s Automation Success Platform are new, specialized generative AI automation models for process automation. The new Automation Co-Pilot for Automators solution includes a suite of generative AI-powered on-demand automation capabilities that help create enterprise-grade automations much faster and more efficiently, increasing employee productivity and generating millions of dollars for businesses save.
The industry’s first generative AI automation models for process automation are built based on leading large language models and trained with anonymized metadata from more than 150 million automation processes across thousands of leading enterprise applications to redefine the future of business process automation. These models enable companies to automatically develop and execute complex processes and workflows in enterprise applications by first understanding the natural language work request, converting natural language input into individual steps, and then dynamically creating new process flows. With each automation process, the models become more intelligent.
More and more companies are letting their developers and employees create powerful automations using generative AI. Users can describe their automation goal in natural language, have the software optimize it and convert it into personalized automation. Automation Co-Pilot for Automators even suggests the next steps in the automation process, allowing developers, regardless of experience, to create high-quality automations up to 55% faster, reducing automation results from months to weeks.
Faster effects and returns with generative AI-powered automation
The company has achieved incredible results with its Automation Success Platform and its combination of automation and AI. The first automation projects by users of generative AI-supported process automation generated impressive returns. These include, for example, productivity increases in various departmental processes, which illustrates the power of AI in conjunction with the Automation Success Platform. With a potential 3x ROI compared to process automation without AI – and a 9x ROI when implementation, development and management costs are taken into account – Automation Anywhere sees an opportunity for companies to expand generative AI-powered automation applications on a broader scale Expand the range of functions and processes. In fact, the company estimates that a third of all support processes can be automated (e.g. customer support, IT, finance, accounts payable, tax, etc.), and predicts its platform solution has the potential to save 10 percent of CIO budgets.
“In generative AI content, ChatGPT paved the way, in generative AI graphics it was Dall-E, and in generative AI-powered process automation, Automation Anywhere is the leader and will completely reshape the future of work,” said Mihir Shukla, Founder and CEO of Automation Anywhere. “We are at the beginning of a massive market shift. Companies that experiment quickly and confidently deploy AI-based automation solutions will benefit from a significant competitive advantage. We expect to automate over 70 percent of corporate processes and workflows in the future to be able to.”
The Automation Success Platform integrates with thousands of leading enterprise applications, including SAP, Workday, Microsoft, Oracle and Salesforce. By integrating generative AI, customers can quickly process structured and unstructured documents, and for the first time these processes are automatable. Customers have the ability to quickly process a variety of structured, semi-structured and unstructured documents such as contracts, bills of lading, logistics and loan applications. This means that thousands of company processes and workflows can be automated, creating a new way of working that will fundamentally change companies’ operating models to increase employee productivity, reduce repetitive tasks and promote employee creativity they can concentrate on more valuable tasks.
Automation Co-Pilot for Automators dramatically accelerates development and deployment cycles
With insufficient developer resources, companies are struggling to catch up on process automation. Speed is an essential criterion for companies to catch up, which is a constant problem for many IT teams facing the pressures and demands of the business. Now they can significantly accelerate automation development, exponentially increasing productivity and generating millions of dollars in potential cost savings. Faster automation creation means more generative AI-powered automations can be distributed to business teams across the organization so they can do their work faster, better, and achieve results in weeks.
“Automation Co-Pilot for Automators enables developers and citizen developers to create end-to-end process automation faster than ever before,” reports Adi Kuruganti, product lead at Automation Anywhere. “Our customers can reduce their automation development cycles by up to 55 percent accelerate, which means a huge increase in productivity. Developers are now creating automations faster, and citizen developers are improving their workflows. We are only at the beginning, but this technology will redefine the market for process automation.”
Automation Co-Pilot for Automators is an on-demand automation assistant that is integrated directly into the development environment. Users can describe their automation goal in natural language, have the software optimize it and convert it into personalized automation. Automation Co-Pilot for Automators even suggests the next steps in the automation process so developers can create high-quality automations regardless of their experience.
“We tested the generative AI-based capabilities of Automation Co-Pilot for Automators and are very impressed and excited by the speed at which the company is implementing AI,” said a business systems analyst at a large financial services provider. “The generative AI strategy and the Automation Anywhere roadmap are truly impressive. We expect these solutions to help automate and offload labor-intensive processes and provide us with significant cost savings in the future.”
While other vendors focus on sequential, task-based automation, Automation Anywhere’s solution is optimized for complex, end-to-end orchestration common in today’s enterprises. In addition, the generative AI automation model is designed to learn from user feedback and automatically improve over time. The Responsible AI Layer of the Automation Success Platform also ensures that the company’s security and data protection standards are met for secure AI governance.
“AI is among the top five digital priorities for business leaders to achieve their business goals, and one of the areas where we have seen a significant increase in AI usage and proven business value is process automation,” reports Amardeep Modi, Vice President from Everest Group. “As generative AI and LLMs continue to evolve, companies are striving to implement and scale automation faster while maintaining robust data security and governance.”
If you’re interested in more information about the products and features featured this month, get in touch here for a webinar taking place on January 31st.
About Automation Anywhere
Automation Anywhere is the leading provider of business process automation solutions that leverage AI across all areas of an organization. The company’s Automation Success Platform is powered by specialized generative AI and provides process discovery, RPA, end-to-end process orchestration, document processing and analytics with a security and governance-focused approach. Automation Anywhere enables companies worldwide to achieve productivity improvements, drive innovation, improve customer service and accelerate business growth. The company is guided by its vision to fuel the future of work by unlocking human potential through intelligent automation. You can find out more about this at http://www.automationanywhere.com/.
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Catherine Lockwood,
Catherine.Lockwood@edelman.com,
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