RPA enables software bots to mimic human interaction with a user interface. According to Forrester, the RPA market will reach $2.9 billion by 2021 as cognitive AI features are added to RPA offerings. Traditional RPA tools are difficult to implement, they age out quickly, and the cost of adoption lessens the overall financial benefit. As a result, only 11% of companies have adopted RPA widely across the enterprise, according to PwC. As 1RPA is both simple to use and cognitively enabled, IPsoft can eliminate these issues.
“RPA is an important back-office automation technology. However, according to HfS, more than 45% of the CIOs adopting RPAs are not satisfied with the outcomes, primarily because of the manual overhead in configuring and maintaining the RPA solutions,” said Chetan Dube, CEO of IPsoft. “RPA needs to be self-actualizing and sentient for it to deliver on the expected ROI promises. It should autoconfigure itself based on observing the behaviors of agents serving clients. The launch of 1RPA is that watershed moment in the evolution of robotic automation technology.”
Unlike other RPA tools, IPsoft’s cognitive AI offers clients a simple way to build automations without any coding or data structuring. As users guide 1RPA’s digital colleague, Amelia, through each step of a business process, Amelia builds an automation for them. There’s no need to write new code or structure unstructured data. Amelia understands a specific task and creates a bot in minutes.
IPsoft’s AI technology powered by Amelia makes 1RPA’s bots the most intelligent on the market. Bots created with 1RPA can read web pages, emails, programs or any unstructured text put in front of them -- just as a human would. They organize data as the business process requires and deliver the correct placements for an automation. This happens on-the-fly with no need for users to limit automations to structured formats.
The method by which 1RPA assigns bots to tasks is also unique and more cost-effective than other RPA tools. With 1RPA’s Dynamic Scalability, IPsoft doesn’t charge additional fees to generate more throughput. 1RPA is available as a yearly, per-bot subscription with no fees for any additional components or concurrent running processes. 1RPA is as scalable as the compute power a customer enables.
IPsoft has also designed 1RPA to be as user friendly as possible. 1RPA is agentless; unlike traditional RPA tools, 1RPA doesn’t require software agents to be installed on PCs. Companies can choose their own operating system for 1RPA deployment: Windows, Mac, Linux—1RPA works on any OS. Additionally, if a business already works with a traditional RPA vendor, IPsoft will work with its clients to leverage and reuse existing designs to create faster and more efficient 1RPA bots.