Automation Anywhere is a leading provider of automation solutions that bring AI to 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 requirement, 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 leading the way 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.
SOURCE: PRNewswire
