{"id":12529,"date":"2021-08-19T18:07:17","date_gmt":"2021-08-19T18:07:17","guid":{"rendered":"http:\/\/ismiletechnologies.com\/?p=12529"},"modified":"2022-10-06T17:09:57","modified_gmt":"2022-10-06T11:39:57","slug":"rpa-stats-and-facts","status":"publish","type":"post","link":"https:\/\/ismiletechnologies.com\/en_us\/cloud-services\/rpa-stats-and-facts\/","title":{"rendered":"RPA Stats and Facts"},"content":{"rendered":"\n<ul class=\"wp-block-list\"><li>The RPA industry is estimated to grow from $250 million to $2.9 billion by 2021&nbsp;( Forrester)&nbsp;<\/li><li>The RPA market size worldwide was valued at $1.40&nbsp;billion (2019) and is estimated to be $11 billion by the year 2027. This shows 34%&nbsp;CAGR expansion&nbsp;extending from 2020 to 2027&nbsp;( Grand&nbsp;View&nbsp;Research)&nbsp;<\/li><li>It is expected that the market size for&nbsp;collaborative robots would grow to $12 billion by the year 2025&nbsp;(Markets&nbsp;AND Markets)&nbsp;<\/li><li>The estimated potential impact economic wise of knowledge work automation is expected to be somewhere between $5 trillion to $7 trillion by 2025&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Employees spend&nbsp;at least&nbsp;10-25% of their daily work time on repetitive tasks&nbsp;(Automation Anywhere)&nbsp;<\/li><li>It is estimated that around 30% of time spent by the IT department is on doing basic&nbsp;low-level&nbsp;stuffs&nbsp;(Automation Anywhere)&nbsp;&nbsp;<\/li><li>50% of organisations spend $5 to $25 for invoice processing&nbsp;manually (Automation Anywhere)&nbsp;<\/li><li>A protocol&nbsp;or&nbsp;rule-based&nbsp;process can be automated by 70-80% (Automation Anywhere)&nbsp;<\/li><li>Approximately 80% of finance decision makers or leaders have already implemented RPA in the processes or are planning to implement&nbsp;it (Gartner**)&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>In a Deloitte Global RPA survey, 53% of respondents agreed to have already embarked or started their RPA\u00a0journey. (Deloitte\u00a0Global RPA survey)\u00a0<\/li><li>In the same survey 19% of respondents agreed that they are planning RPA adoption in the next two years (Deloitte Global RPA survey)\u00a0<\/li><li>According to a\u00a0Deloitte Global RPA survey, 64% of the respondents are considering RPA as an\u00a0enterprise\u00a0level wide corporate opportunity.\u00a0<\/li><li>According to a survey of IT leaders, 98% of the respondents agreed that for driving business\u00a0benefits,\u00a0automating the business processes is\u00a0crucial\u00a0(Automation Anywhere)\u00a0<\/li><li>According to Deloitte Global RPA survey, 78% of respondents who had already implemented RPA in their businesses are further planning to increase investment in RPA in the next three years.\u00a0<\/li><\/ul>\n\n\n\t\t<div data-elementor-type=\"section\" data-elementor-id=\"33253\" class=\"elementor elementor-33253\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1f27ef0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1f27ef0\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c65c317\" data-id=\"c65c317\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-dc3c880 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dc3c880\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-3248be5\" data-id=\"3248be5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5886bd6 elementor-widget elementor-widget-heading\" data-id=\"5886bd6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Ready to experience the full power of cloud technology?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f56c4e elementor-widget elementor-widget-text-editor\" data-id=\"1f56c4e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun Highlight SCXW216552313 BCX0\" lang=\"EN-IN\" xml:lang=\"EN-IN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW216552313 BCX0\">Our cloud experts will speed up cloud deployment, and make your business more efficient.\u00a0<\/span><\/span><span class=\"EOP SCXW216552313 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-4b7dd61\" data-id=\"4b7dd61\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-81f081a elementor-align-center elementor-widget elementor-widget-lottie\" data-id=\"81f081a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;source&quot;:&quot;external_url&quot;,&quot;source_external_url&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/assets4.lottiefiles.com\\\/packages\\\/lf20_kkesf8mx.json&quot;,&quot;is_external&quot;:&quot;&quot;,&quot;nofollow&quot;:&quot;&quot;,&quot;custom_attributes&quot;:&quot;&quot;},&quot;loop&quot;:&quot;yes&quot;,&quot;play_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0.9,&quot;sizes&quot;:[]},&quot;lazyload&quot;:&quot;yes&quot;,&quot;link_to&quot;:&quot;none&quot;,&quot;trigger&quot;:&quot;arriving_to_viewport&quot;,&quot;viewport&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:0,&quot;end&quot;:100}},&quot;start_point&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;end_point&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:100,&quot;sizes&quot;:[]},&quot;renderer&quot;:&quot;svg&quot;}\" data-widget_type=\"lottie.default\">\n\t\t\t\t\t<div class=\"e-lottie__container\"><div class=\"e-lottie__animation\"><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-ac6262c\" data-id=\"ac6262c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e19f719 elementor-align-right elementor-mobile-align-left elementor-tablet-align-right elementor-widget elementor-widget-button\" data-id=\"e19f719\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-xs\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjI5OTEiLCJ0b2dnbGUiOnRydWV9\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Start Today !<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\n\n\n\n<ul class=\"wp-block-list\"><li>According to the RPA adoption and growth trends, RPA will be universally adopted in the coming five years&nbsp;(Deloitte Global RPA Survey)&nbsp;<\/li><li>Approximately&nbsp;28% of companies scaling and implementing RPA are also implementing cognitive&nbsp;automation.\u202f(Deloitte Global RPA Survey)&nbsp;<\/li><li>Over 90% of executives at C-level reported that some levels of automation are already existing within their companies (IBM)&nbsp;<\/li><li>Approximately 61% of respondents agreed that their cost reduction expectations have been met or exceeded with the implementation of&nbsp;RPA&nbsp;(Deloitte Global RPA Survey)&nbsp;<\/li><li>63% of survey participants showed inclination of having a partner for RPA implementation in their organisation. 19% of the participants showed inclination of having RPA vendors for support activities and 15% agreed to handle RPA activities&nbsp;internally&nbsp;(Deloitte Global RPA Survey)&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>By the year 2024, it is expected that organisations will reduce their operational costs by 30% with the help of&nbsp;hyper automation&nbsp;technologies and redesigning the entire operational processes (Gartner)&nbsp;<\/li><li>The payback attained by those who had implemented RPA and scaled them had been 12 months&nbsp;(Deloitte Global RPA Survey)&nbsp;<\/li><li>80% reduction of&nbsp;labour-intensive&nbsp;tasks can be attained with&nbsp;RPA&nbsp;(Automation Anywhere)&nbsp;<\/li><li>Uipath&nbsp;raised&nbsp;a&nbsp;funding&nbsp;of&nbsp;$1.2 billion&nbsp;during 6 rounds of funding. (Crunchbase)&nbsp;<\/li><li>Automation Anywhere&nbsp;raised&nbsp;a funding of&nbsp;$840 million&nbsp;in 4&nbsp;rounds&nbsp;of funding. (Crunchbase)&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Blue Prism Group raised&nbsp;an amount of&nbsp;$182 million&nbsp;during&nbsp;5 rounds&nbsp;of funding. (Crunchbase)&nbsp;<\/li><li>Workfusion&nbsp;raised an amount of&nbsp;$180 million&nbsp;during&nbsp;6 rounds&nbsp;of funding. (Crunchbase)&nbsp;<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The RPA industry is estimated to grow from $250 million to $2.9 billion by 2021&nbsp;( Forrester)&nbsp; The RPA market size worldwide was valued at $1.40&nbsp;billion (2019) and is estimated to be $11 billion by the year 2027. This shows 34%&nbsp;CAGR expansion&nbsp;extending from 2020 to 2027&nbsp;( Grand&nbsp;View&nbsp;Research)&nbsp; It is expected that the market size for&nbsp;collaborative robots [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":13119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[95],"class_list":["post-12529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud-services","tag-cloud"],"_links":{"self":[{"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/posts\/12529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/comments?post=12529"}],"version-history":[{"count":2,"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/posts\/12529\/revisions"}],"predecessor-version":[{"id":33651,"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/posts\/12529\/revisions\/33651"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/media\/13119"}],"wp:attachment":[{"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/media?parent=12529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/categories?post=12529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ismiletechnologies.com\/en_us\/wp-json\/wp\/v2\/tags?post=12529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}