VentureBeat April 28, 2021
Research firm Gartner estimates the market for hyperautomation-enabling technologies will reach $596 billion in 2022, up nearly 24% from the $481.6 billion in 2020.
Gartner is expecting significant growth for technology that enables organizations to rapidly identify, vet, and automate as many processes as possible and says it will become a “condition of survival” for enterprises. Hyperautomation-enabling technologies include robotic process automation (RPA), low-code application platforms (LCAP), AI, and virtual assistants.
As organizations look for ways to automate the digitization and structuring of data and content, technologies that automate content ingestion, such as signature verification tools, optical character recognition, document ingestion, conversational AI, and natural language technology (NLT), will be in high demand. For example, these tools could be used...
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