Impact Radar for Hyperautomation
The pace of technological advancement today is simply relentless. For example, it seems almost as though a new state-of-the-art large language foundational model gets released every other week.
Amidst this constant barrage, how do business leaders make sense of all the different technologies and more importantly, identify and implement those capabilities that will truly bring a sustainable competitive advantage to their businesses?
For executives that are focused on hyperautomation, Gartner’s Emerging Tech Impact Radar is one useful guide.
For the uninitiated, hyperautomation is a management philosophy that everything that can be automated should be, typically through the application of AI and automation technologies to business processes and workflows.
The guide reviews the key hyperautomation technologies including:
Computer Vision
Intelligent Document Processing (IDP)
Advanced Virtual Assistants
Digital Twins, Graph Technologies
IoT Platforms
Process Mining/Task Mining
Process Orchestrators
Blockchain for Business
Decision Intelligence
Intelligence Business Applications
Smart Robots
AI-Generated Composite Applications
Bio-Inspired Algorithms
Brain-Machine Interfaces
Data Fabrics
The technologies are evaluated based on their time to adoption, as well as the estimated scale of impact on existing businesses.
One key takeaway?
Companies would do well to prioritize investments in IDP given that the range and mass of impact is estimated as “now” and “high” respectively. In Gartner’s words, “IDP is gaining in adoption as a catalyst of transformation for modern enterprises by automating data extraction and document processing projects. Having exhausted low-value, text-based automation capabilities, organizations will eventually move to implement high-value, efficiency-driving and cost-saving-oriented next-generation end-to-end document processing solutions.”
To learn more about IDP, please visit the link below:
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