Supercharging People Productivity
Automation must be a cornerstone of your AI Business Strategy to protect and increase stakeholder value, protect margins, and improve productivity.
Artificial Intelligence (AI) holds immense potential to revolutionise the way businesses operate. It promises to enhance efficiency, improve decision-making, and unlock new opportunities for innovation. The transformative power of AI lies in its ability to analyse vast amounts of data, identify patterns, and make predictions with a level of speed and accuracy that exponentially surpasses human capabilities.
However, in Australia there is scepticism about realising the business value of AI while we are all scrambling to solve the productivity crisis that sees Australian businesses operating at 2015 productivity levels. To quote some of the organisations we have spoken to …
“We are finding it difficult to validate and justify the value of AI in our business.” – CIO.
“We are not sure if this gamble is going to pay off. We are way ahead of the game when compared to our peers, but the benefits are hard to articulate.” – Automation Manager of a large partner led firm.
“We don’t know how to get started?” – CFO
“How can I leverage AI to increase productivity and avoid having to replace staff.” – CFO.
Intelligent Process Automation (IPA), also known as Robotic Process Automation (RPA), is the tried and tested AI technology. IPA has a proven track record of significantly augmenting human productivity, eliminating human processing errors, and delivering measurable benefits.
In manufacturing and mining we are observing measurable value from:
- The rapid uptake of AI enabled Automation of repetitive tasks.
- Trusted digital co-workers boosting worker productivity & security compliance.
- Rethinking of HR hiring strategies to include a digital workforce element.
This newsletter series will explore how IPA can deliver benefit for Production and Non-Production Activities. Executives will be equipped with strategic insights and practical use cases.
Non-Production Automation delivers Self-funded Quick Wins
Non-Production – Intelligent Process Automation can deliver self-funded quick wins with a sustainable reduction in overhead costs and rapid ROI.
The Key Concept: remove the robot from the human & create TIME.
- Digital Co-workers are assigned the mundane and repetitive tasks while the humans are redeployed to the high value tasks.
- Digital Co-workers augment human teams, by working 10 x faster, 24/7, 365 days a year.
- Digital Co-workers become trusted team members who operate without human error.
- Overcome human limitation barriers.
- Rapid ROI that Self-funds the journey to Hyper Automation & Digital Transformation.
Trusted Digital Co-workers Boost Employee Productivity, Reduces Overhead Costs, Reduces Security Vulnerabilities, & Increases Employee Satisfaction
Intelligent Automation using Robotic Process Automation (RPA) involves the use of trusted Digital Co-worker(s). Often firms give the Digital Co-workers meaningful names. For this article we will call our Digital Co-worker Tedi.
Meet Tedi. Tedi is a Digital Co-Worker created for a back-office team. Tedi performs tasks traditionally done by a human at a computer. Tedi navigates through systems, websites, files and software, doing things like reading what’s on a screen, checking systems information, and extracting and entering data to complete business processes.
Tedi works at least 10 times faster than a human, 24 hours a day, 365 days a year (365 days for a leap year), without human error.
A common use case is leveraging Tedi to overcome swivel chair scenarios where humans are doing the manual integration of systems through data capture. Tedi can transfer data between systems without the pain & cost of trying to integrate systems.
Most importantly, Tedi creates time for people to focus on higher value tasks.
The strategic intent is to systematically leverage the full power of IA and AI to Create Enterprise Value consistent with the enterprises ability to manage the process. The definiti Automation Roadmap first identifies quick wins, validates the ROI thereby enabling funds for a program of automation that delivers significant Enterprise Value.
IPA is self-funding, in that we can scientifically measure and forecast the value of automation.
Production Automation Optimises Performance
Keeping the production line operating at optimum performance levels requires an intricate symphony of processes ranging from a human workforce and time sheets, through to overall equipment efficiency, supply chain logistics, and everything else in between.
Key Concept: reduce RISK and create upTIME.
- Guarantee compliance by leveraging Digital Co-Workers to close the loop.
- Leverage Digital Co-Workers to exceed Human testing limitations.
- Proactively monitor queues and lists to process on demand 24/7.
- Exceed human limitation barriers.
- Rapid ROI that Self-funds the journey to Hyper Automation & Digital Transformation.
In addition to automating the mundane and repetitive processes, Intelligent Process Automation can play a key role in enabling informed decision making. Going above and beyond what a human can do, the digital workers can transfer transactional data to databases, data warehouses or data lakes, to enable enterprise level reporting, insights and decision making. This is an important step as it can set the organisation up to benefit from current and future AI capability that we have not even comprehended yet.
Optimising Production Performance by Making Faster, Better-Informed Decisions.
At definiti, we are passionate about helping our clients focus on AI driven solutions that are feasible, pragmatic, and can deliver real, measurable value.
Future issues will explore creating enterprise value and provide case studies in the application of Intelligent Process Automation and AI.
The opportunity to increase productivity without the need for additional employees is of increasing importance given the ongoing skills shortage and the rising cost of raw materials. The next newsletter will provide a case study on boosting workforce productivity to effectively respond to a rapid surge in demand for services, without the need for additional employees.
In summary; @ definiti …we create TIME™ for our clients using Automation and AI,and Data and AI
For more insights on how to optimise your workforce productivity and increase job satisfaction by leveraging IPA and AI
contact Darren McGuinness [A REAL PERSON]
Mobile: 0418 434 860
