Business process automation (BPA) and workflow automation are related concepts but have distinct differences. BPA and workflow automation often utilize similar technologies and automation tools. For example, both may involve the use of software platforms, robotic process automation (RPA), or other automation technologies. This similarity in the underlying technologies can blur the distinction between BPA...
Artificial Intelligence (AI) refers to the simulation of human intelligence in machines to perform tasks that typically require human intelligence, such as learning, reasoning, problem-solving, and decision-making. AI systems can analyze vast amounts of data, identify patterns and correlations, and make predictions or take actions based on the analysis. Till a while back AI seemed...
Automation has emerged as a game-changer for businesses across industries, revolutionizing traditional processes and driving operational efficiency. While many well-known processes have reaped the benefits of automation, several lesser-known automated processes have had high impact and can significantly transform business operations. Backed by compelling statistics, these processes demonstrate the immense potential of automation in streamlining...
This is the age of automation. A McKinsey Report says that most organizations are planning on piloting automation technologies at least in one of their business functions – up 66% from 2020. The organizations that have already implemented BPA have experienced positive outcomes in customer satisfaction, employee experience, and reduced operating costs. If you are...
According to a study by Statista, the leading drivers for adopting business process automation are cost reduction (62%) and operational efficiency (56%). A report by Deloitte found that organizations that leverage automation technologies for their business processes, achieve an average reduction of 20% to 60% in processing time. There is enough data to support the...
Any business that has a high volume of manual document processing can get an average savings of 25-40% with intelligent document processing (IDP). While this might sound like an exaggeration, it really is not. iTech has worked with businesses across industries for the integration of document workflow automation and the use of appropriate automation tools...
Python development has been around for quite a while and is getting even more popular. The combination of Python’s versatility, ease of use, and strong ecosystem of libraries and frameworks has contributed to its remarkable growth and widespread adoption, positioning it as one of the most influential and popular programming languages in the industry. Google...
If you are looking for a cost-effective quick fix then custom software will not meet these objectives. Custom business tools by the very definition are built to solve unique challenges that your business faces and will need a greater investment to build. In the case of SaaS software, while there are many advantages, the cons...
Content is what rules the internet and its importance has dramatically increased in recent years. Yet many businesses still rely on traditional sales and advertising strategies such as print ads or even face-to-face relationships. But the internet has made most of those methods less effective. This is because the information is so easily available and...
Enterprise Resource Planning is considered the lifeblood of every business, and an educational institution is no exception. A higher education ERP system facilitates a seamless flow of information across systems that run each business unit and provides a holistic view that helps accurate decision-making. If an institution wants to grow, it needs technology to support...
Ai is transforming our lives and how we conduct business. More and more businesses are integrating AI technology as a business differentiator. AI Innovation is like a turbocharged engine with new technologies being announced frequently. To name just a few – Generative technologies such as ChatGPT kicking up a storm recently to facial recognition and...
While you are reading this, Artificial Intelligence programs are at work in billions of systems around the world recording songs, directing cars on best traffic routes, automating workflows, responding to emails, preparing financial reports, and getting you to buy something that you never knew you needed. AI in today’s world is all-pervasive. AI is not...
