Uncategorized Global Robotic Process Automation and Cognitive Automation Market Report 2021: Significance of RPA in Insurance, Notable Companies Delivering RPA Solutions, Growth Opportunities for RPA Vendors – Yahoo Finance

Check back for results at 8:30 a.m. ET
Dublin, Jan. 20, 2022 (GLOBE NEWSWIRE) — The "Rise of Robotic Process Automation (RPA) and Cognitive Automation" report has been added to's offering.
This research service provides an overview of current and emerging RPA trends, applications, and challenges.
Digitalization is gradually replacing paper-based tasks with digital processes. Standardized and monotonous processes are prime candidates for automation through robotic process automation (RPA), which deploys software bots replicating and automating procedures across applications and environments. RPA automates repetitive, labor-intensive, and time-consuming tasks, minimizing or eliminating human involvement to drive faster and more efficient processes.
RPA has demonstrated its advantages in simple, non-decision-making processes. Industries are now considering cognitive automation, or cognitive RPA, to automate more complex functions. With technologies such as artificial intelligence and natural language processing, cognitive RPA can become a crucial component in an organization's digitalization strategy.
While technological advancements in RPA systems have spurred the development of knowledge-based automation, true cognitive RPA is still nascent. Almost all major RPA deployments have no actual decision-making capabilities.
The study also covers the following:
RPA and cognitive automation/RPA
Challenges in RPA implementation
Trends in RPA
Significance of RPA in the insurance industry
Notable companies delivering RPA solutions
Growth opportunities for RPA vendors
Key Topics Covered:
1. Strategic Imperatives
1.1 Why Is It Increasingly Difficult to Grow? The Strategic Imperative: Factors Creating Pressure on Growth
1.2 The Strategic Imperative
1.3 The Impact of the Top Three Strategic Imperatives on Robotic Process Automation (RPA)
1.4 Growth Opportunities Fuel the Growth Pipeline Engine
2. Research Scope and Methodology
2.1 Research Scope
2.2 Research Methodology
2.3 Research Process and Methodology
3. From RPA to Cognitive Automation
3.1 RPA Automates Standardized and Repetitive Processes with Minimal Decision-Making
3.2 RPA Can Use AI to Develop Basic Decision-Making Capabilities and Automate Complex Tasks
3.3 Cognitive Automation Can Be Built on Top of Intelligent Business Applications
4. RPA Challenges and Potential Solutions
4.1 Successful RPA Projects Need Strong Collaborations between IT and Functional Teams
4.2 Organizations Risk Inducing Additional Complexities in the Environment by Undertaking Heavily "Sandboxed" Pilot Projects
4.3 Organizations Are Motivated to Reduce Costs and Automate Repetitive Tasks
5. Trends in RPA
5.1 RPA Deployment Will Continue to Grow
5.2 Emerging Challenges to RPA Deployment Scalability
5.3 Rise of Build-Your-Own-Bot and No-Code Development Concepts
5.4 Companies Prefer Cloud RPA Deployments and See the Potential of AI in Automation
5.5 Urgent Need to Update Applications and Upskill Employees
6. RPA in Insurance
6.1 Insurance Providers Can Explore RPA to Meet Personalization and Quick Execution Demands
6.2 RPA Can Automate or Accelerate Insurance Processes at Every Stage Depending on the Task Complexity
6.3 RPA Cannot Handle Complex Customer Queries or Assess Losses to Insured Properties
6.4 Insurance and the Larger BFSI Industry Are Key Adopters of RPA Technologies
7. Companies to Watch
7.1 Blue Prism, UK
7.1.1 Intelligent Automation Platform
7.2 Kryon, Israel
7.2.1 Full-Cycle Automation Suite
7.3 NICE, Israel
7.3.1 Robotic Process Automation
7.4 Automation Anywhere, US
7.4.1 Automation 360
7.5 UiPath, US
7.5.1 Enterprise RPA Platform
8. Growth Opportunity Universe
8.1 Growth Opportunity 1: Industry-specific RPA Product Offerings for Unique Customer Needs
8.2 Growth Opportunity 2: AI-based Decision-making Capabilities to Augment Cognitive RPA
8.3 Growth Opportunity 3: No-code RPA and Citizen Developers to Boost RPA Adoption
9. Key Recommendations
9.1 Recommendations for RPA Adopters
10. Key Contacts
Companies Mentioned
Automation Anywhere
Blue Prism
For more information about this report visit

Zoom CFO Kelly Steckelberg joins Yahoo Finance Live to discuss Zoom hosting the Work Transformation Summit, the introduction of a new hybrid work model for the company's employees, and the importance of socialization and collaboration.
You can't live off Social Security benefits alone. Smart retirement planning says the 4.7% Rule is your best shot for safe, durable retirement income.
(Bloomberg) — PG&E Corp. is ending a five-year felony probation as a “continuing menace to California,” a judge supervising the company said in his parting observations, noting the company went on a “crime spree” even as he tried to rehabilitate it.Most Read from BloombergEarly Omicron Breakthroughs Show MRNA Vaccines’ WeaknessWhy Some Vaccinated People Resist Omicron and Others Don’tBiden Expects Russia to ‘Move In’ on Ukraine; Warns of SanctionsStocks Drop as Selloff Puts Nasdaq Into Correcti
Global jet fuel demand, however, has again come under pressure with some countries reimposing border restrictions and other curbs to keep the Omicron coronavirus variant at bay, prompting travelers to reconsider their plans. "We saw a little bit more downside momentum on jet fuel due to omicron variant, but combined, we didn't really see a meaningful impact as we exited the year," senior executive Dax Sanders said in the earnings call. Kinder Morgan reported a 48% jump in jet fuel volumes and 7% jump in gasoline, following a year of coronavirus-driven decline.
Southwest Airlines Co was sued for $10 million on Tuesday by a 68-year-old Florida woman who said the carrier ejected her from a flight because she periodically needed to remove her mask to drink water. Medora Clai Reading said she was wrongly removed from a Jan. 7, 2021, flight to Palm Beach, Florida, from Washington, D.C. after a hostile flight attendant kept demanding that she keep her mask on despite medical issues, including a heart condition and low blood sugar, requiring that she stay hydrated. Southwest had no immediate comment, having yet to review the complaint.
(Bloomberg) — European natural gas slumped as a top LNG importer in China prepares to flood the market with fuel that could further ease supply concerns in the continent. Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseStocks Extend Declines as Nasdaq Turns Lower Again: Markets WrapEarly Omicron Breakthroughs Show MRNA Vaccines’ WeaknessCovid-19 Infected Lions Prompt Variant Warning in South AfricaFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israe
Most millionaire stories come from entrepreneurs who took the leap to leave their jobs to pursue ownership. That's not the case for Jherrod Thomas.
Dean Rainer finds it hard to believe that anyone would think app-based gig workers can save for retirement. “I needed a good laugh today,” the 60-year-old who delivers for Uber (UBER) Eats said when asked about his retirement plans.
(Bloomberg) — Texas is taking issue with BlackRock Inc. Chief Executive Officer Larry Fink’s latest annual letter, in which he sought to clarify the firm’s stance on fossil-fuel consumption and climate goals. Most Read from BloombergEarly Omicron Breakthroughs Show MRNA Vaccines’ WeaknessWhy Some Vaccinated People Resist Omicron and Others Don’tBiden Expects Russia to ‘Move In’ on Ukraine; Warns of SanctionsStocks Drop as Selloff Puts Nasdaq Into Correction: Markets WrapIs Covid Becoming Endemi
Stanford has released its 2021 MBA employment report, the last top school to do so As we’ve seen in the release of employment reports from top-25 programs throughout fall and winter, the pandemic whirlwind … The post Stanford GSB Graduated The Highest-Paid MBAs Of All Time In 2021 appeared first on Poets&Quants.
Make it your goal to acquire high-quality dividend stocks that can grow over time; here are five great examples.
The technology sector consists of businesses that develop, build, and market consumer electronics, electronic components, and software. Companies in the tech sector may also provide information technology (IT) services such as cloud computing. While the best-known companies are giants like Apple Inc. (AAPL) and Microsoft Inc. (MSFT), there also are tech businesses that are classified as penny stocks.
Tilray CEO Irwin Simon joins Yahoo Finance Live’s Julie Hyman to discuss the cannabis industry, why the company is pivoting to food and beverage brands, weed legalization in the U.S., and the end of a partnership with Budweiser.
Given the significant competition in the mining industry from pre-established companies, there is a high chance Intel might fail to do so.
Microsoft said it will buy Activision for $70 billion as the video game giant seeks to address sexual misconduct allegations.
Block (NYSE: SQ), the fintech company formerly known as Square, lost nearly half its market value over the past three months as rising interest rates sparked an exodus from higher-growth tech stocks. Declining Bitcoin (CRYPTO: BTC) prices exacerbated the sell-off, since Block generates revenue from Bitcoin trades and holds some Bitcoin on its balance sheet.
Ad tech firm PubMatic (NASDAQ: PUBM) has seen its revenue rise consistently for the past four years. A key factor impacting the stock price is the sea change happening in the digital advertising industry. Apple and Alphabet's Google control massive consumer ecosystems, and are in the midst of transitioning from traditional approaches used to target digital ads to consumers in the name of privacy protection.
GameStop could be hurt by Microsoft spending $68.7 billion to buy Activision Blizzard.
Yahoo Finance's Brooke DiPalma discusses how consumers are returning to coffee shops faster than they're returning to restaurants amid the coronavirus pandemic.
Developer Texas LNG Brownsville LLC aims to make a final investment decision on the South Texas export project this year.


Author Details

Sign up for our newsletter to stay up to
date with tech news!