Robotic Process Automation (RPA) — Explained!

What is Robotic Process Automation (RPA)?

Robotic Process Automation (RPA) is a highly adaptable software that allows anyone to automate digital operations in a matter of minutes. It’s a piece of software that makes it simple to create, deploy, and manage software robots that mimic human actions when dealing with digital systems and software. RPA enables software developers to create software robots, or “bots,” that can learn, mimic, and then execute business processes according to rules. RPA automation allows users to create bots by watching human digital activity. Software robots, like people, can grasp what’s on a screen, type the correct inputs, navigate systems, recognize and retrieve data, and conduct a wide range of predetermined tasks.

Brief History of Robotic Process Automation (RPA)

RPA is a toolkit that combines numerous technologies into one. It can be used for a variety of automation tasks. Even though the word “RPA” was coined in the early 2000s, the original development took place in the 1990s.

Why is Robotic Process Automation (RPA) Required?

Robotic Process Automation improves corporate procedures and outcomes in a snowball effect. RPA provides immediate and verifiable business advantages.

Where Does Robotic Process Automation (RPA) Come into Play?


1. Attrition is one of the limitations. RPA bots do not usually replace workers, although it is a possibility. Furthermore, because firms may employ bots to handle increased workloads, they won’t need to hire the extra workers who would have handled the task otherwise.

Patent Data Analysis- Robotic Process Automation (RPA)

The graph below depicts the evolution of Robotic Process Automation (RPA) applications during the last five years. In the most recent years, RPA applications seem to have declined, but the technology appears to be increasing again in the future years.

Future of Robotic Process Automation (RPA)

The Major Findings of the Global Robotic Process Automation Market

  • The BFSI (Banking, Financial Services, and Insurance) industry is the major user of RPA systems.
  • APAC would provide excellent investment prospects to RPA industry participants.
  • RPA providers are forming alliances in order to consolidate competition.




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Copperpod is one of world's leading intellectual property research and technology consulting firms.