Navigating The Future: 5 Technology Trends That Shape 2024
As 2024 is approaching, the pace of innovation is escalating, and new technology advancements are accelerating at an unprecedented rate. As it is an ongoing process, the year promises an exciting ride through the ever-evolving technology landscape and changing business dynamic. Emerging technologies to watch in 2024 1. Artificial Intelligence (AI) & Generative AI Generative […]
How Intelligent Automation Is Transforming The Insurance Industry?
In the digital age, new automation technologies and rising customer expectations are driving new digital businesses to advance. But the insurance industry has been historically slower to undertake major digital transformations. Several insurers still rely heavily on paper-based manual processes, causing customers to wait for prolonged periods while employees experience complex documentation. However, Intelligent Automation […]
Next Step: Give Your RPA Bots The Brain
In the previous blog: “RPA Robots Are Dumb”, you might be aware that RPA bots can only deal with simple, structured data. So they are often labeled as “dumb”. But the truth is, their intelligence could be leveraged with some advanced technologies to enhance the sophistication of automation. After attending the Intelligent Automation Summit 2022, I […]
Moving Beyond RPA Toward Hyperautomation
Automation is developing rapidly, from simple bots just a few years ago to “digital workers” and sophisticated automation solutions today. And two recent years, people talk much about the era of something new, which takes automation to another level – Gartner calls this “Hyperautomation.” The automation journey begins with RPA RPA, one of the most […]
3 Facts To Keep in Mind Before Getting Started with IDP
Many businesses globally are leveraging IDP to process documents more efficiently, which makes IDP one of the most developing markets in the tech world. Keeping up with the IDP trend can not only help businesses to optimize operations and save resources, but also open up various career opportunities for IT students and tech savvy. The […]
3 Reasons For FMCG Companies To Apply Intelligent Automation
Increasingly demanding customers and competitive markets have promoted the FMCG industry to apply Intelligent Automation (IA) in the operation. With the ability to integrate AI and RPA, IA can optimize almost every aspect of the FMCG, helping businesses solve problems of customer needs, industry trends, and competitiveness in the market. What is Intelligent Automation? Intelligent […]
Automating The Bank’s Front Office: How to Overcome Challenges?
The bank’s front office commonly deals with several complicated and time-consuming manual processes, posing challenges for banks in ensuring a stable business system, and cost-effective resources in the operation process while complying with strict compliance guidelines. The key to resolving these obstacles is extending automation horizons through the application of different technologies. However, implementing automation […]
How akaBot Solutions Enable Short Payback Period For Businesses
For 4 times in a row, akaBot is proudly named the RPA Leader in G2 Seasonal Report. Notably, akaBot is highly appreciated as we enable fast automation payback: within 7 months, instead of the average period of 13 months, bringing us to the top 2 solutions with positive ROIs. How we manage to achieve such […]
The Ultimate Way of Document Processing For Manufacturing
According to statistics, more than 40% of purchase orders (PO) of manufacturing businesses are sent via fax and email, then imported manually into their system. But PO is just a part of the story. Processing all types of documents manually requires more resources, making business operations less efficient than they could be while also increasing […]
IDP Vs OCR: What’s The Better Choice?
Intelligent Document Processing (IDP) and Optical Character Recognition (OCR) are two confusing terms that are often used interchangeably. However, these are two different technology solutions, and IDP is considered an improvement of traditional OCR with a higher level of sophistication and maturity. So what are OCR and IDP? What is their difference? Which is the […]
