Have summaries of our latest blogs delivered to your inbox, so you can stay up to date on the topics and current events that matter to your business.
In a perfect world, there would be no need for PR professionals to create a crisis communications strategy. They wouldn’t have that pervasive sense of dread that a brand perception misstep loomed...
Listen up, football fans. The NFL Draft kicks off on April 28 th . Speculation abounds regarding which declared college player the Jacksonville Jaguars will take as the first overall pick. And there’s...
When PR professionals set out to create their crisis communications strategy in response to a crisis, they may not know quite where to start. There are many ways to approach building a crisis communications...
Who doesn’t love a good hackathon? In March 2022, LexisNexis sponsored a Nexis® Data Lab Hackathon as part of the Big Data & Analytics Association (BDAA) and Translational Data Analytics...
Do you know what makes a good crisis communications strategy ? It’s not about developing a perfect roadmap that tries to account for every possible scenario; rather, it’s about anticipating...
A quarter of a company’s tasks could be automated by 2023, according to the research and advisory firm Gartner. Intelligent Automation technologies are increasingly being adopted by companies in all sectors because they can analyze large volumes of data to make due diligence and risk management processes more efficient and effective, and identify strategic opportunities. Our new white paper explains what Intelligent Automation is, and how companies can best take advantage of its potential.
The use of Intelligent Automation is expected to accelerate further this year. Remote and digital working has become the norm for global business, while many firms are streamlining their operations to become more efficient as they seek to recover from the impact of the pandemic. Gartner’s influential, annual predictions for 2021 noted that "during the (Covid-19) crisis and the recovery, boards are demanding an acceleration of digital business.”
This is backed up by a recent study from India’s International Data Corporation, which found that 57% of organizations in the country are investing in RPA and intelligent automation to “build resilience” after the pandemic.
The phrase “Intelligent Automation” conjures up images of sci-fi films in which robots become intelligent, surpass humans and take over the world. The reality is much less fanciful: it refers a number of interlinking technologies that are increasingly widely used by companies in every sector. Intelligent Automation combines two technology applications:
In combination, the potential of Intelligent Automation is obvious. It takes the enhanced capabilities of AI to analyze and solve problems and applies it via RPA so that more and more key business processes can be automated.
Why are organizations like Gartner predicting an exponential growth in the use of Intelligent Automation across many industries? The answer lies in its potential to transform the way companies carry out a number of key activities, including:
Amid the excitement around the potential of Intelligent Automation, we must remember that these new technologies do not offer a silver bullet. Processes should be optimized before they are automated to avoid replication of inefficiencies. Effectiveness also depends on the data being ingested. Intelligent Automation running across data that is out-of-date, incomplete, or irrelevant can, in fact, lead to flawed results.
Nexis® Solutions provides comprehensive news, company and legal data which has been enriched for easy use by technology applications. To learn more about this, and the global rise of Intelligent Automation, download our new white paper, ’Unlocking the Power of Intelligent Automation with Nexis Solutions’.