Along with the existing new technologies functional in the human life Viz. The lifestyles of human being are changing across the due to global collaborations, multinational businesses, new IT/ITes advancements with RPA technology.
The way Companies do their business, the way people do official work as well as the public daily life is going to be drastically assisted by new hardware, software technologies along with smart devices. This up to date technology is more powerful among the 21st-century technologies. RPA has become the new language of business. Robotic process automation (RPA) is an emerging form of business process automation technology based on the notion of software robots or artificial intelligence (AI) workers. If Companies do not set up this technology in its operations, they may not sustain in a business competition in near future. Timely adoption of RPA has become a necessity in day to day business activities.
Nowadays the business operations are leapfrogging into the new technological land the so-called "Robotic Process Automation.” Hence the year "2018” is known as the year of the "Robotic Process Automation.” Industry entering into the in the new world of technology "Robotic Process Automation.” known as "RPA”. Further, the organizational applications also stepped into many folds including punch cards, spreadsheets, office applications, management information systems and enterprise resource planning to assist in business applications. In addition to this, abundant software developments happened in terms of operating systems, applications, utilities and computing capabilities at the networking edge level with high bandwidth. Like a chameleon, the computing technology wearing different colors in terms of hardware like desktops, servers, laptops, mobiles and now entering into "rolltops”. This is how the computing era started in decades back. Some people say that abacus was the first computing machine. Presper Eckert and John Mauchly at the University of Pennsylvania and was not completed until 1946. Way back in 1943, the ENIAC, the computing machine was invented by J. ”Watson is creating a new partnership between people and computers that enhance, scales and accelerates human expertise” Keywords: automation, robotic automatic process, RPA, blue prism, business process outsourcing. This manuscript will be a good guideline for the academicians, researchers, students, and practitioners to get an overall idea. Moreover, it covers the content of different start-ups companies and existing companies - their RPA applications used across the world. To put in the right place of RPA in business operations, their many allied technologies are working at the background level, artificial intelligence, machine learning, deep learning, data analytics, HR analytics, virtual reality (second life), home automation, blockchain technologies, 4D printing etc. Besides, the Robotic Process Automation has abundant applications including healthcare and pharmaceuticals, financial services, outsourcing, retail, telecom, energy and utilities, real estate and FMCG and many more sectors. Robotic Process Automation can bring immediate value to the core business processes including employee payroll, employee status changes, new hire recruitment and on boarding, accounts receivable and payable, invoice processing, inventory management, report creation, software installations, data migration, and vendor on boarding etc. The study finally discovered that Robots and Robotic Process Automation technologies are becoming compulsory as a part to do business operations in the organizations across the globe. The keywords used in searching of the database were Robotic Process Automation, RPA, Robots, Artificial Intelligence, Blue Prism. This study is exploratory in nature because of the contemporary phenomenon.
A very few empirical articles, white papers, blogs and were found RPA and came across to compose this research manuscript. In this light, the research manuscript investigated the secondary data - which is available in google, academic and research databases. It is a combination of both hardware and software, networking and automation for doing things very simple. Robotic Process Automation is one of the most advanced technologies in the area of computers science, electronic and communications, mechanical engineering and information technology. Robotic Process Automation (RPA) is a new wave of the future technologies.