Robotic Process Automation is a software that can programmed to perform desired functions across different applications, to effectively replace human resources. The primary objective of Robotic Process Automation is to provide a substitute for human labour, thus significantly eliminating the chances of error in a process. Also, adoption of RPA directly corresponds to continuous improvement in process quality as the RPA software, backed by Deep Learning, evolves itself with time.
The market of RPA has tremendous scope and most companies have already accepted it with open arms, for the simple reason that it enables them to cut costs by 35-65%. What makes RPA an absolute necessity today, is its scalable and reliable nature which gives the company an edge against competition. However, what is really fascinating about the idea of RPA is that it provides 24×7 functionality, which means great increase in productivity coupled with high levels of accuracy.