Robotic process automation, (or RPA), is not alien technology; like all the other web advancements, RPA also has a rich and diverse past. Nowadays, you might think of RPA, as a new thing, but it was there in the past as well. We just thought of it by a different name. In its early form, we knew RPA by the name of “Screen Scraping”. Back in that time, it was a technique employed by computer programmers to extract data, which was present in the human-readable form, from another program.
Currently, RPA is making an impact on the world economy, at an exponential rate. In fact, an estimate by McKinsey & Company, suggests, that by 2025, the economic impact of robotic process automation could touch 6.7 trillion USD. The technologies which are majorly getting impacted by RPA include auto cars, cloud computing, and even 3D printing technology. Thus, it is safe to say that RPA is having a tremendous impact on all the cutting edge technologies of the present world, paving the way for a more technologically advanced future.
RPA and the Future
Given the fact that RPA is currently evolving at a remarkable rate, analysts are suggesting that even more advancements of RPA are to be seen shortly. It is supposed to happen via the amalgamation of RPA with newer technologies, such as artificial intelligence, machine learning, cognitive learning and much more. Robotics is another such technology where robots are made to do simple tasks by programming them via coding, but now the work is being done to implement RPA in the robots, so that, instead of doing just small jobs, robots will also be able to make complex decisions. The future of robotic manpower lies in the hands of RPA, and it is only getting better with time.