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Intelligent Process Automation (IPA) (PowerPoint PPT)
PowerPoint (PPT) 26 Slides FlevyPro Document
DESCRIPTION
Intelligent Process Automation (IPA) is a set of emerging Digital Technologies that combine process redesign with Robotic Process Automation (RPA) and Machine Learning (ML). IPA can be viewed as a suite of Business Process Improvements and Digital Transformation tools that assists the employee
IPA essentially augments RPA technology with additional emerging Digital Transformation technologies. In its full extent, IPA is comprised of 5 core technologies:
1. Robotic Process Automation (RPA)
2. Smart Workflow
3. Machine Learning (ML) & Advanced Analytics
4. Natural Language Generation (NLG)
5. Cognitive Agents
The disruptive power of IPA is that is supplements traditional rule-based automation with decision-making capabilities driven by emerging Deep Learning and Cognitive Technologies. The benefits of IPA are numerous and significant in impact. They center around enhanced productivity and efficiency, reduction in operational risks, and improved Customer Experiences. IPA will be a foundational part of organizations’ next-generation Operating Models.
Additional topics discussed include IPA use cases, IPA Transformation process, Operating Model design, Minimal Viable Product (MVP), Change Management, Customer Journey, and Value Creation.
IPA seeks to automate and improve upon routine tasks traditionally handled by humans, leveraging RPA and ML to achieve this. The PPT outlines how IPA can significantly impact manual activities, backend processes, and frontend processes, offering a comprehensive view of its application across various business functions. This includes automation of data aggregation, policy maintenance, and customer correspondence, among others.
The approach to IPA transformation follows a structured 6-phase process, ensuring a methodical implementation. From aligning on IPA's role in the operating model to developing a minimum viable product (MVP) and embedding lasting capabilities, the document provides a clear roadmap. This process is designed to maximize business impact and ROI, making it a valuable resource for organizations looking to integrate IPA into their operations.
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Source: Best Practices in Digital Transformation, Fourth Industrial Revolution, Robotic Process Automation, Intelligent Process Automation, Machine Learning PowerPoint Slides: Intelligent Process Automation (IPA) PowerPoint (PPT) Presentation, PPT Lab
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