Understanding the difference between RPA and AI

CIOs are implementing both automation and AI at a quickening pace, prodded into expanding and expediating deployments for the speed and cost-saving efficiencies they each deliver. Recently released figures quantify the accelerating rate of adoption. More than 72% of global enterprises already started AI implementations, according to a January report from Everest Group. The firm expects that global spending on AI services will accelerate by 32%, from $25 billion in 2019 to $95 billion by 2024. The global robotic process automation (RPA) software market hit $1.2 billion at the end of 2019, posting year-on-year growth of more than 75%.