The robots are here to stay: How automation is affecting global business

A global Deloitte survey shows that robotic process automation will be universally adopted in just five years. Deloitte's report on robotics adoption around the globe shows that overall, 53pc of more than 400 executives surveyed are implementing robotic process automation (RPA) in their organisations, with 33pc of Irish respondents introducing these processes. RPA is the use of robots or robotics on computer systems to support more effective processing of data, and includes programmes that replace the need for humans to perform repetitive, rules-based tasks. It is seen as an entry point to more complex and ambitious cognitive automation initiatives, which leverage natural language processing, machine learning, advanced analytics and cognitive chatbots. RPA is in line with the top priorities of businesses around the globe as well as in Ireland, with 76pc of all surveyed planning to increase investment in the area over the next three years.