virtuous circle story sherpa
RPA's Virtuous Circle Story Sherpas in Blue Shirts - Everest Group
How hot has Summer 2018 been around the globe? The speed of evolution in this industry segment is almost without precedent. Firms that had revenues worth tens of millions of U.S. dollars just a couple of years ago are talking about reaching a billion in revenue in just a couple of more years. But the reality is that it's the perfect storm – or heat wave – of innovation and capital intersecting at just the right time. Of course, it doesn't hurt that enterprises have already captured most of the potential value from offshore labor arbitrage. But when you combine the need for a new source of cost savings with the acute shortage of labor in the U.S. and Europe, you have a market condition in which enterprises are screaming for automation that allows continued productivity improvements for less money, with less human labor-based effort.