{"id":1131,"date":"2018-12-05T14:45:16","date_gmt":"2018-12-05T14:45:16","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=1131"},"modified":"2019-07-15T20:36:19","modified_gmt":"2019-07-15T20:36:19","slug":"driving-business-success-with-intelligent-automation","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/driving-business-success-with-intelligent-automation\/","title":{"rendered":"Driving Business Success with Intelligent Automation"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1137\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation.jpg\" alt=\"Driving Business Success with Intelligent Automation\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation.jpg 800w, https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation-300x150.jpg 300w, https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation-768x384.jpg 768w, https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation-540x270.jpg 540w, https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation-640x320.jpg 640w, https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation-128x64.jpg 128w, https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation-400x200.jpg 400w, https:\/\/solutionsreview.com\/business-process-management\/files\/2018\/12\/Driving-Business-Success-with-Intelligent-Automation-180x90.jpg 180w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\">Intelligent automation refers to the unification of two technological concepts that have been around for a long time: artificial intelligence (AI) &#8211; which includes natural language processing and machine learning, &#8211; and automation.\u00a0<a href=\"https:\/\/www2.deloitte.com\/insights\/us\/en\/focus\/signals-for-strategists\/intelligent-automation-a-new-era-of-innovation.html\" target=\"_blank\" rel=\"noopener noreferrer\">According to<\/a>\u00a0David Schatsky of Deloitte Insights, intelligent automation is beginning to change the\u00a0way business is done in nearly every sector of the economy.<\/p>\n<p style=\"text-align: justify\">&#8220;Intelligent automation systems sense and synthesize vast amounts of information and can automate entire processes or workflows, learning and adapting as they go. Applications range from the routine to the revolutionary: from collecting, analyzing, and making decisions about textual information to guiding autonomous vehicles and advanced robots. It is already helping companies transcend conventional performance tradeoffs to achieve unprecedented levels of efficiency and quality,&#8221;\u00a0Schatsky adds.<\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-1\" href=\"https:\/\/solutionsreview.com\/business-process-management\/bpm-vendor-map-a-guide-to-the-best-bpm-solutions\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/02\/bpm-vm-speedbump.png\" alt=\"Download Link to BPM Vendor Map\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n<p style=\"text-align: justify\">To explore the subject further, we spoke with\u00a0Kofax Chief Strategy Officer, Chris Huff. Below he&#8217;s explained the relationship between intelligent automation and <a href=\"https:\/\/bit.ly\/2L1myfk\" target=\"_blank\" rel=\"noopener noreferrer\">Business Process Management (BPM) software.<\/a><\/p>\n<h4 style=\"text-align: justify\">SR: What do these solutions have in common with BPM software?<\/h4>\n<p style=\"text-align: justify\">CH: <a href=\"https:\/\/bit.ly\/2QnyFKo\" target=\"_blank\" rel=\"noopener noreferrer\">Intelligent Automation complements BPM software<\/a> by providing additional automation capabilities to drive greater customer return on investment. Kofax IA, for instance, includes a BPM product called Process Orchestration. Process Orchestration manages the data and transactions that flow between people, systems and digital workers. Since the platform is open, customers may choose to use their existing BPM or use our Process Orchestration product.<\/p>\n<h4 style=\"text-align: justify\">SR: How does intelligent automation benefit companies with regards to digital transformation and BPM?<\/h4>\n<p style=\"text-align: justify\">CH: <a href=\"https:\/\/bit.ly\/2OIxUuH\" target=\"_blank\" rel=\"noopener noreferrer\">Digital transformation<\/a> encompasses many innovative technologies that companies are adopting to remain relevant and advance into the future. Kofax Intelligent Automation, for example, is a unified platform consisting of Robotic Process Automation (RPA), BPM Orchestration, Cognitive Capture and four other automation products. Kofax IA is an open platform that creates a \u2018connective tissue\u2019 among all types of digital workers such as chatbots, AI predictive models and algorithms. Intelligent automation produces digital worker capacity that empowers the workforce by shifting them from lower-value \u2018data gatherer\u2019 to higher-value \u2018data user\u2019 roles. The result is improved worker morale and capacity that can be used to reduce cost, optimize operation or generate revenue.<\/p>\n<h4 style=\"text-align: justify\">SR: In your opinion, will intelligent automation solutions overtake BPM solutions? Are they in similar markets?<\/h4>\n<p style=\"text-align: justify\">CH: Intelligent Automation compliments BPM. <a href=\"https:\/\/bit.ly\/2zdpNxj\" target=\"_blank\" rel=\"noopener noreferrer\">BPM provides the ability to manage workflow, transactions and the relationship between people and machine.<\/a> Intelligent automation provides automated \u2018data collection\u2019 capabilities to acquire data that the BPM tool will use, but also provides automated solutions to help analyze and communicate the data that has been processed by the BPM. In this regard, intelligent automation and BPM play in similar markets, but can also be consumed independently.<\/p>\n<h4 style=\"text-align: justify\">Benefits of Intelligent Automation<\/h4>\n<p style=\"text-align: justify\">The first and foremost benefit of intelligent automation is, well, the automation part. Automation implies improved productivity and efficiency gains, which is at the core of intelligent automation. By eliminating manual intervention, taks can be done much faster, more efficiently and with less error. <a href=\"https:\/\/www.happiestminds.com\/insights\/intelligent-automation\/\" target=\"_blank\" rel=\"noopener noreferrer\">More benefits include<\/a>:<\/p>\n<ul>\n<li style=\"text-align: justify\">Increased process efficiency<\/li>\n<li style=\"text-align: justify\">Reduced risks<\/li>\n<li style=\"text-align: justify\">Optimizing workforce productivity<\/li>\n<li style=\"text-align: justify\">More effective process monitoring<\/li>\n<li style=\"text-align: justify\">Improved customer experience<\/li>\n<li style=\"text-align: justify\">Reduced costs<\/li>\n<\/ul>\n<hr \/>\n<p>Looking for more? Download our\u00a0<a href=\"https:\/\/solutionsreview.com\/business-process-management\/free-bpm-buyers-guide\/\" target=\"_blank\" rel=\"noopener noreferrer\">Business Process Management Buyer\u2019s Guide\u00a0<\/a>for free to compare the top-24 products available on the market with full page vendor profiles. The guide includes four key capabilities to look for in a BPM platform, plus questions to ask before purchasing. It\u2019s truly the perfect resource for anyone looking to find the right BPM for their business\/organization, or those looking to replace an existing one.<\/p>\n<p><em>And don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/twitter.com\/WorktechReview\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/showcase\/erp-solutions-review\/\" target=\"_blank\" rel=\"noopener noreferrer\">LinkedIn\u00a0<\/a>and\u00a0<a href=\"https:\/\/www.facebook.com\/solutionsreview\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook\u00a0<\/a>for all the latest in Work Tech!<\/em><\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-2\" href=\"https:\/\/solutionsreview.com\/business-process-management\/free-bpm-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/02\/bpm-speedbump.jpg\" alt=\"Download Link to BPM Buyers Guide\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Intelligent automation refers to the unification of two technological concepts that have been around for a long time: artificial intelligence (AI) &#8211; which includes natural language processing and machine learning, &#8211; and automation.\u00a0According to\u00a0David Schatsky of Deloitte Insights, intelligent automation is beginning to change the\u00a0way business is done in nearly every sector of the economy. [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":1137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[10,152,199,11,254,95],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Driving Business Success with Intelligent Automation<\/title>\n<meta name=\"description\" content=\"We spoke with Kofax Chief Strategy Officer, Chris Huff about driving business success with intelligent automation and BPM.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-process-management\/driving-business-success-with-intelligent-automation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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