VentureBeat March 19, 2021
Robotic process automation (RPA) is experiencing a watershed moment. Gartner estimates that 50% of U.S. health providers will invest in RPA over the next three years. Moreover, the overall RPA market is expected to grow by more than 7% annually over the next few years to reach $379.87 million by 2027, up from $182.8 million in 2019.
Switching repetitive tasks to RPA functions not only eliminates errors, it also garners significant cost savings. That’s because RPA addresses bottlenecks with workflows, data, and documentation while providing audit trails and reducing compliance expenses and risks. RPA can also boost legacy integration and record digitization and enable data-driven decisions and “path-to-cognitive” technologies, according to Technologent CIO and VP Mike McLaughlin.
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