Artificial Intelligence (AI) is expected to increase organization’s revenue at a fast pace. The revenue of companies working in the AI space is expected to touch the revenue of $3.06 billion by 2024, according to a report by Avendus Capital.
BTerrell Group Blog
In order to respond effectively to ever increasing customer demands, companies are investing in technologies which can allow products to be brought to market in a more agile way. This is where the introduction of automation comes into its own.
Due to the number of manual processes found within a typical financial company, it is not surprising to hear that this sector is one of the leaders in the use of automation technologies.
Many business technology innovations get their start in large enterprises, and when proven effective, trickle down to smaller organizations. Think EDI (Electronic Data Interchange) and EFT (Electronic Funds Transfer) for example. These two technologies were once the exclusive purview of the largest corporations and now have become commonplace among even the smallest start-ups. Yet another acronym, RPA (Robotic Process Automation), is the next business technology to have started large and is now finding a home among midmarket enterprises. How effectively does RPA technology scale to meet the automation needs of midmarket companies?Read More
As we continue to explore the emerging role of Robotic Process Automation (RPA) in midmarket enterprises, we’ll highlight various industries that have become early champions of the digital labor technology. One such industry is financial services, where RPA continues to grow in popularity. Here we offer a brief rundown of why Robotic Process Automation is generating so much interest from financial services organizations of all sizes, who's using it and how.Read More
What it is, and why it matters to mid-market enterprisesRead More