- July 14, 2021
- Posted by: Stratford Team
- Category: Business
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The market for robotic process automation (RPA), the technology that builds and manages software robots that emulate humans’ actions, has grown substantially during the pandemic. As enterprises look to scale up operations while lightening the load on remote workers, brands across banking, retail, manufacturing, and more sectors have applied RPA to tasks including sales, human resources, and logistics. According a Deloitte survey, 53% of respondents are beginning to deploy RPA. And Grand View Research anticipates that the RPA industry will be worth $3.1 billion in 2025, up from $358 million in 2017.
During a panel at VentureBeat’s Transform 2021 virtual conference, experts including Automation Anywhere CTO Prince Kohli, American Fidelity Insurance VP of R&D Shane Jason Mock, and Honeywell chief digital technology officer…