{"id":2808,"date":"2022-12-01T18:29:28","date_gmt":"2022-12-01T18:29:28","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=2808"},"modified":"2022-12-02T18:32:10","modified_gmt":"2022-12-02T18:32:10","slug":"industry-5-0-is-the-future-of-work-we-need-intelligent-automation","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/industry-5-0-is-the-future-of-work-we-need-intelligent-automation\/","title":{"rendered":"Industry 5.0 is the Future of Work. To Get There We Need Intelligent Automation."},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2836\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation.jpg\" alt=\"Industry 5.0 is the Future of Work. To Get There We Need Intelligent Automation\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation.jpg 800w, https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation-300x150.jpg 300w, https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation-768x384.jpg 768w, https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation-540x270.jpg 540w, https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation-640x320.jpg 640w, https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation-128x64.jpg 128w, https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation-400x200.jpg 400w, https:\/\/solutionsreview.com\/business-process-management\/files\/2022\/11\/Industry-5.0-is-the-Future-of-Work.-To-Get-There-We-Need-Intelligent-Automation-180x90.jpg 180w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify;\"><em><strong>As part of Solutions Review&#8217;s Premium Content Series\u2014a collection of contributed columns written by industry experts in maturing software categories\u2014<span class=\"TextRun SCXW154898530 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW154898530 BCX0\">Tommi<\/span><span class=\"NormalTextRun SCXW154898530 BCX0\"> Holmgren, the Vice President of Solutions at <a href=\"https:\/\/robocorp.com\/\" target=\"_blank\" rel=\"noopener\">Robocorp<\/a><\/span><\/span><span class=\"EOP SCXW154898530 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">, explains why intelligent automation is critical in unlocking the potential of Industry 5.0.<\/span><\/strong><\/em><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\"><span style=\"font-weight: 400;\"><span lang=\"en\"><span style=\"font-family: Arial,sans-serif;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3778 alignleft\" src=\"https:\/\/solutionsreview.com\/security-information-event-management\/files\/2022\/01\/SR-Premium-Content.gif\" alt=\"\" width=\"68\" height=\"71\" \/><\/span><\/span><\/span>Over the past few years, the workforce has experienced some drastic shifts. In particular, the rise of remote and hybrid work has spurred countless changes, including business leaders beginning to focus on Industry 4.0. This fourth industrial revolution\u00a0includes advancements like automation, AI, ML, and IoT. <\/span><span data-contrast=\"auto\">While Industry 4.0 has brought us significant innovations, the next wave of the industrial revolution is already taking place: Industry 5.0. <\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">A place where humans and machines work intelligently together to accomplish more in a single day, week, month, or year, is the future of work. <\/span><span data-contrast=\"auto\">Especially as our workforce is constantly evolving, it would be wise for business leaders to shift focus and join the movement. The best way to begin implementing an Industry 5.0 mindset? Intelligent automation.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b><span data-contrast=\"auto\">Industry 5.0 and the Future of Work<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">New on the scene, <\/span><a href=\"https:\/\/www.forbes.com\/sites\/jeroenkraaijenbrink\/2022\/05\/24\/what-is-industry-50-and-how-it-will-radically-change-your-business-strategy\/?s&amp;sh=1de54aa420bd\"><span data-contrast=\"none\">Industry 5.0<\/span><\/a><span data-contrast=\"auto\"> pivots from economic value to societal value and from profit to well-being. Building off of Industry 4.0, this new wave of work utilizes innovation to center workers, uplift work-life balance, and drive success not only for businesses but employees as well. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">This shift to a more well-being-focused work environment is not a new trend. Particularly since the onset of the pandemic, employees have been pushing their employers to encourage work-life balance. If they don&#8217;t see results, many employees take charge of their own experience. Take the trend of <\/span><a href=\"https:\/\/www.gallup.com\/workplace\/398306\/quiet-quitting-real.aspx?utm_source=npr_newsletter&amp;utm_medium=email&amp;utm_content=20220909&amp;utm_term=7224424&amp;utm_campaign=money&amp;utm_id=5861281&amp;orgid=88&amp;utm_att1=\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">quiet quitting<\/span><\/a><span data-contrast=\"auto\">, for example. Employees are intentionally disengaging from work when they&#8217;re not provided with the resources or time to maintain a positive work-life balance. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Clearly, this prioritization of employee well-being is only growing more and more important, and it&#8217;s not going away any time soon. Some of the most outspoken proponents of employee well-being are Millennials and Zoomers, who are relatively early in their careers. Combine this generational activism with the proliferation of social media and information sharing, and it&#8217;s easy to see why business leaders would be wise to pay close attention to the trend. Industry 5.0 is becoming the future of work and a key focus for business leaders. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b><span data-contrast=\"auto\">The Power of Intelligent Automation<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Another rapidly growing trend across industries is <\/span><a href=\"https:\/\/robocorp.com\/blog\/what-is-intelligent-automation\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">intelligent automation<\/span><\/a><span data-contrast=\"auto\">. Combining automation technology with AI and analytics, intelligent automation creates business processes that think, learn, and adapt on their own.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Fusing various Industry 4.0 technologies together, like <a href=\"https:\/\/solutionsreview.com\/business-process-management\/the-best-robotic-process-automation-companies\/\" target=\"_blank\" rel=\"noopener\">robotic process automation (RPA)<\/a> and AI, intelligent automation achieves a more holistic digital workflow that goes beyond the individual capabilities of these advancements. Utilizing mountains of data and inputs, intelligent automation applications can make straightforward decisions at scale, create a smarter workflow where patterns are identified, and lessons are drawn and extrapolated to improve processes with as little human input as possible. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Ultimately, intelligent automation strives to tackle more than just the mundane tasks used for classic automation. It also allows robots to make decisions\u2014sometimes as well, or even better than a human could\u2014and gives human employees the freedom to focus on more creative and rewarding work. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b><span data-contrast=\"auto\">Creating Industry 5.0 with Intelligent Automation<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">At its core, Industry 5.0 focuses on the employee and works to ensure productivity and satisfaction. Similarly, at its core, intelligent automation allows humans to spend more time on strategic tasks that advance innovation and boost engagement. Together, it&#8217;s a perfect match. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">When intelligent automation takes on tedious tasks, it not only produces more accurate and efficient work, but it gives employees the bandwidth to pivot and focuses on work that is more interesting and, in some cases, critical to the big-picture. Further, since intelligent automation can take on more work than RPA or AI alone, employees can spend more time unwinding and recharging, helping to boost the work-life balance that Industry 5.0 is so deeply focused on. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Ultimately, as intelligent automation supercharges human and machine collaboration, more can be accomplished, and the work-life balance becomes more sustainable. Workers no longer have to spend hours squinting at their laptop screens late into the evening; they can go out and live their lives\u2014a concept at the heart of Industry 5.0. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b><span data-contrast=\"auto\">A New Workforce<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">We&#8217;re seeing Industry 4.0 technology, like RPA and AI, driving incredible success\u2014for businesses and employees alike\u2014but with constant evolution and developments in a myriad of industries, it&#8217;s clear that there is so much more we can and should achieve. Industry 5.0 visualizes that future, and intelligent automation helps realize it. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Even more exciting, with intelligent automation becoming more commonplace, it&#8217;s likely that we&#8217;ll see a transition to Industry 5.0 more quickly than anticipated. <\/span><span data-contrast=\"auto\">However, organizations don&#8217;t need to be ready for Industry 5.0 today, tomorrow, or next week. But if they&#8217;re serious about employee retention and experience, now is the time to start asking vendors about intelligent automation and making a move toward the future of work.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"bpm-footer-cta\" 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><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of Solutions Review&#8217;s Premium Content Series\u2014a collection of contributed columns written by industry experts in maturing software categories\u2014Tommi Holmgren, the Vice President of Solutions at Robocorp, explains why intelligent automation is critical in unlocking the potential of Industry 5.0. Over the past few years, the workforce has experienced some drastic shifts. In particular, [&hellip;]<\/p>\n","protected":false},"author":426,"featured_media":2836,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[1296,1387,254,792,1207,1388],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Industry 5.0 is the Future of Work. 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