The reason why the concept of hyperautomation is proposed and sought after at home and abroad is that the global digital transformation has entered a new stage.
In 2022, domestic capital is going through a cold winter. IT Orange data shows that in the first quarter of 2022, investment events in China will drop by about 17% month-on-month, and the estimated total investment amount will drop by about 27% month-on-month. In this context, there is a track that has become the object of continuous capital increase – that is “hyperautomation”. From 2021 to 2022, there will be more than 24 domestic hyperautomation track financing events, and more than 30% of the 100 million-scale financing events.

Data source: 36氪According to public information, the concept of “hyperautomation” was proposed by the research institute Gartner two years ago. Gartner’s definition is “the application of advanced artificial intelligence and machine learning technologies to gradually automate processes and enhance human Specifically, process mining makes enterprise business processes easier to discover, manage, and optimize; RPA (robotic process automation) makes interface operations across systems easier; artificial intelligence makes processes more efficient and smarter. These three Together they form the cornerstone of hyperautomation, freeing organizational employees from monotonous, repetitive chores. In this way, organizations can not only complete tasks quickly and accurately, but also reduce costs. Since Gartner proposed the concept of hyperautomation and nominated it as one of the “12 Technology Trends for 2020″, as of 2022, hyperautomation has been included in the list for three consecutive years. This concept is also gradually affecting practice – more and more customers of Party A have begun to recognize this service form around the world. In China, manufacturers are also following the wind. Based on their respective business forms, they gradually extend upstream and downstream to achieve hyper-automation.

According to McKinsey, in about 60 percent of occupations, at least one-third of activities can be automated. And in its most recent Workflow Automation Trends report, Salesforce found that 95% of IT leaders are prioritizing workflow automation, with 70% believing that this equates to savings of more than 4 hours per employee per week.

Gartner estimates that by 2024, companies will achieve a 30% reduction in operating costs through automation technologies such as RPA combined with redesigned operational processes.

The reason why the concept of hyperautomation is proposed and sought after at home and abroad is that the global digital transformation has entered a new stage. A single RPA can only realize the partial automation transformation of an enterprise, and cannot meet the overall digital needs of the enterprise in the new era; a single process mining can only find problems, and if the final solution still relies on people, it is not digital.

In China, the first batch of enterprises trying to digitize have also entered a bottleneck period. With the continuous deepening of enterprise informatization, the process of enterprises has become more and more complicated. For bosses and managers, if they want to know more about the enterprise The current state of the process, process mining is indeed a tool that can improve operational management and efficiency, so the trend is very obvious.

From the perspective of industry development, not only domestic ultra-automation manufacturers can still gain the favor of capital in the cold winter, but foreign companies in the field of ultra-automation have not only successfully listed, but also unicorns with a valuation of tens of billions of dollars are leading the segment. Gartner predicts that the worldwide market for software that supports hyperautomation will reach nearly $600 billion in 2022, an increase of nearly 24% from 2020.