AI Today Podcast #022: Intelligent Process Automation (IPA)
Robotic Process Automation (RPA) is making significant improvements into company’s operations by replacing rote human activity with automated tasks. Artificial Intelligence (AI) is poised to give this new engine of productivity a gigantic boost. Systems that leverage machine learning (ML) to dynamically adapt to new information and data will shift these systems from mere robots that automate processes to Intelligent Process Automation (IPA) tools that can significantly impact the face of the knowledge worker economy. Cognilytica is forecasting the total market for Intelligent Process Automation (IPA) solutions will grow from $0.8 Billion in 2017 to over $8.3 Billion by end of 2023.
In this podcast, learn about process automation, the evolution of RPA, and the emerging IPA market and space. Also check out our official Cognilytica report on the Intelligent Process Automation market which includes market sizing, overview of the vendors in the space, and more detail on how the IPA market is evolving including more specifics about the Cognilytica IPA AI Levels we discuss in the podcast.