Modern economies are in the midst of a technological revolution, and many believe that advancements in digital technology, including artificial intelligence (AI) and big data, will further the adoption of automated processes across enterprise workflows. The worldwide digital process automation market is poised to grow to USD 12.61 billion in 2023.
Digital process automation is more than just employing cuttingedge technology in a company; it is a data-driven change that affects practically every aspect of the organization. The constant growth of the sector is attributed to the reduction in cost and the efficiency of the automated processes. Due to the high operational variability offered by Digital Process Automation, industry leaders have documented an increase in quality and productivity while overseeing reduction in the cost of human labour.
Digital Process Automation involves the reinvention of existing processes, introducing automated models, and precise decision making insights that leverages business data. Analytics-based automated services assist businesses in determining the demands of their target customer base and delivering tailored experiences as well as inventory management and supply chain optimization functions, enabled in an automated manner, resulting in a distinct customer experience.
In this edition of CIOApplications Europe, we present the list of the most promising Digital Process Automation solutions and service providers across Europe. Pegamento, QBITRA, FireStart, are companies that help organizations adapt to changing digital automation practices and market trends and meet the challenges head-on. We also bring to you thought leadership articles and exclusive insights from expert CIOs and CXOs - Mark Klein, CDO, ERGO group, Sean Ringsted, CDO, Chubb, Philippe Caby, CIO, Centrient Pharmaceuticals presenting their ideas and opinions on how organizations can automate processes to attain desired outcomes. We hope the valuable insights from industry thought leaders and the Digital Process Automation organizations featured in this edition help you make informed decisions for your organization.