Quanton's World of Business Process Automation

90-Days to immediate value with in-year pay-back

Automation is a strategic lever that will help innovative leaders drive rapid change to expedite the speed of transformation and support short-term business imperatives. Implemented correctly, Automation has the potential to provide immediate benefit with in-year pay-back on the total cost of ownership. And it’s possible to deliver a pilot into live production in under 90-days – we know this because we’ve done it for multiple clients.

The reality is automation is now needed more than ever before.

The Covid-19 pandemic has forever altered our world. And the changes to businesses are dramatic. We’ve seen New Zealand’s economy shut down for more than a month as we fight to gain the upper hand over this virus. I’ve been pondering ‘How can automation support businesses, accelerate our recovery – and provide more resilience to handle future events like this?

Qualifying Robotic Process Automation with help from UiPath's Martin Milthorpe

Robotic Process Automation (RPA) is the fastest-growing segment of the global enterprise software market, according to analyst firm Gartner, but like any technology, it has had its growing pains. While there are a number of local success stories, most local companies have yet to fully harness the potential of the technology.

Digital process automation is real; With a rapidly evolving market and technological changes local businesses have to adopt future-ready operating models to remain relevant and sustainable. And business process automation is one important tool which offers that. Kiwi businesses need to consider how they’re going to embrace it to remain competitive.

Here’s our view on the top 5 digital process automation trends that will shape 2020 – and ways which Kiwi businesses can capitalise on them.

Conversational AI is a growth area, offering new ears and a mouth for virtual assistants. Add in new arms and legs with automation and Kiwi businesses could reap big returns.

Is there something your business needs to be doing today which you can’t do because it requires significant investment in headcount?

It could be something from a customer experience point of view, an organisational standpoint or even a compliance aspect that you need to be doing but it’s out of reach because you can’t bring on the headcount or sustain the large investment.

Now, tell me, what’s the cost to your business of not doing that activity? What’s the impact of you not doing something that needs to be done in the business?

Last Friday I attended the pwc HeraldTalks November event – The Tech Revolution. As a takeaways I grabbed three novel ideas and questions that can help businesses take a different view on how to apply technology to their operating models or how to start thinking about digital transformation from a new perspective.

Automation is undoubtedly on the agenda of most executives in New Zealand. Enabled by a wider ecosystem of smart technologies, Intelligent Process Automation is the destination making AI one of the hottest words of 2019.

In September I travelled to America to attend the San Francisco Ai Summit – self-proclaimed the world’s largest AI event for business. At the event I joined several thousand attendees to hear from over 200 speakers and engage with over 200 exhibitors.

The aim was to bring back key learning to be translated into practical insights to share and help move New Zealand businesses forward in the adoption and application of smart technologies – something key to Quanton’s drive.

When you look at RPA or content intelligence, there are so many organisations doing it wrong, making huge mistakes and giving Robotic Process Automation and content intelligence a bad name. Why? In so many cases it comes down to one simple thing: They’ve forgotten the people part of the equation.