Apr 19, 2021
The Covid-19 pandemic has ushered in ample opportunities by accelerating the digital transition of tasks that were once considered mundane.
By Kevin Wright, CIO of Santam Group
In recognition of the importance of this, almost all players in the insurance sector are digitising – some more seamlessly than others. This ‘phygital’ (meeting of the physical and digital worlds) trend is becoming omnipotent, with a blend of automation and human expertise now the norm. It is expected that in the next five years, a major innovation will occur in the way products are digitally distributed, including in the underwriting and tracking process.
An automated world
January 20, 2021
Robotic Automation Process is ranked in one the top 10 highest paying jobs in 2021 and top 10 technologies to learn.
Since 2016, RPA has been rapidly growing and is expected to rise even higher by the end of 2021. North America holds the highest market while the Asia Pacific is expected to experience the fastest growth between 2018 and 2026. This is due to the increasing demand for technology in healthcare, tourism, and the logistics sector in the region.
Having said that, there still is a need to understand this technology. The word ‘automation’ was coined in the 1950s but has recently started gaining popularity. To understand the Robotic Automation Process, one must break it down into three parts – robotic, automation, and process.