Industry Insider

Is there any business catchphrase more ubiquitous nowadays than “digital transformation”? Everyone craves the agility, innovation, relevance, engagement, reputation, loyalty, and brand advocacy that digital transformation promises. But how many are willing to do what it takes to achieve the sort of digital transformation that matters? If your organization wants a meaningful digital transformation, then it must be willing to do enough to make it worthwhile; otherwise, you are just putting band-aids on a gaping wound.

In many ways, it’s well-deserved. In a recent survey conducted by the Institute of Finance and Management (IOFM), controllers unloaded about the aspects of AP they found most burdensome and backward. Compared to accounts receivable, payroll, tax and audit, AP was considered by controllers to be the most time and labour-intensive function of all.

Millennials plan to use robots to avoid human interaction at work, as revealed by research commissioned by ABBYY, the global provider of content intelligence solutions and services.

Ninety-five percent of organisations that have implemented robotic process automation (RPA) say the technology has improved productivity, according to Deloitte’s fourth Global Robotics Survey.

Robotic Process Automation is touted as a digital disruptor in the operations realm. In the constant race to outperform competition, companies are looking for ways to streamline processes, reduce costs and focus on value-add activities. RPA is a promising solution for these problems, and so it is no wonder that large and mid-sized organisations across industries are currently piloting or implementing Robotic Process Automation.

Data is a company’s most valuable asset. To maintain data’s value, it’s vital to identify where that data is vulnerable. According to data and ethics expert Dr. Gemma Galdon Clavell, there are five major moments where data is most vulnerable: collection, storage, sharing, analysis, and deletion. These vulnerability points increase the risk of a data breach – and we’ve all heard about the costs of having one.

Former Oracle MD Tim Ebbeck has joined Robotic Process Automation (RPA) vendor Automation Anywhere as Senior Vice President and Managing Director for Australia and New Zealand. Based in Sydney, Ebbeck is charged with growing Automation Anywhere’s business in ANZ.

The terms digitisation and digitalisation get tossed around a lot these days, particularly in the context of document management and digital transformation discussions. The two words are often used interchangeably, but they really mean two different things – one provides for efficiencies in workflow and the other enables business transformation.

In my view the conference this year wasn’t about major releases as much as it was about showing progress while clarifying positioning and vision for the future of work and Microsoft’s place in it. One of the biggest clarifications for me was the importance of Teams.