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Cognitive automation, in recent days, is one of the most throat heating discussion among technology entrepreneurs and enthusiasts. It is gaining attention day by day due to developing capability of building a relationship with human work and making it easier, thus reducing the work and free-in time. Another problem that pops up in RPA is the failure to plan for certain roadblocks, Srivastava says. An employee at a Genpact client changed the company’s password policy but no one programmed the bots to adjust, resulting in lost data.
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Intelligent automation is sometimes referred to as intelligent process automation and hyper-automation. Intelligent/cognitive automation tools allow RPA tools to handle unstructured information and make decisions based on complex, unstructured input. Cognitive automation is an emerging field that augments RPA tools with artificial intelligence capabilities like optical character recognition or natural language processing . It deals with both structured and unstructured data including text heavy reports. The subset of automation concerning specifically business processes is called robotic process automation or RPA. The concept of RPA is not new, and it has already become a standard for optimizing internal processes in enterprises.
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However, it only starts gaining real power with the help of artificial intelligence and machine learning . The fusion of AI technologies and RPA is known as Intelligent or Cognitive Automation. Vendors claim that 70-80% of corporate knowledge tasks can be automated with increased cognitive capabilities.
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