Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us
No Result
View All Result
No Result
View All Result
Home Supply Chain Updates

RPA Tools Finding Use in IoT Inventory Applications

usscmc by usscmc
November 12, 2019
RPA Tools Finding Use in IoT Inventory Applications
Share on FacebookShare on Twitter

Though not the hottest AI technology, RPA tools are finding a home in asset tracking and other showcase IoT efforts.

Shiny new AI and machine learning technologies get greater attention, but less glossy Robotic Process Automation methods are finding a home in IoT workflows as well.

Without much fanfare, RPA tools are beginning to appear in key IoT areas such as asset tracking and fleet management, and increasing customer demands for real-time monitoring of inventory and just-in-time deliveries point to further growth.

RPA’s goal is to take on human tasks associated with modern digital transformations. As such, RPA tools are far less ambitious than AI systems meant to predict business trends and make complex business decisions in real time.

Its narrow objectives have made RPA something of a sleeper among the host of innovative technologies contributing to IoT application inroads. But, ultimately, RPA’s role may well be overshadowed by larger AI efforts, according to one analyst.

“In a sense, RPA is low-hanging fruit for organizations that are working to automate processes,” said Pierfrancesco Manenti, research vice president for Gartner’s supply chain team, and co-author of Gartner’s 2019 “The Path to the Lights-Off Supply Chain” report. But, AI is coming.

AI will be a more disruptive factor in future, highly automated supply chains, he said.  

“It’s the intent of the technology to replicate human intelligence,” Manenti said. “It’s cooler.”

Cooler, but not here quite yet.

By Gartner’s estimates, 55% of supply chain work will be partially automated, with humans handling the orchestration of exceptions, through to 2025, according to Gartner’s research presented in “The Path to the Lights-Off Supply Chain: The Rise of AI to Automate Supply Chains of the Future.” 

Low-Hanging RPA Fruit with Roots

While full automation and AI are works in progress, “low-hanging” RPA may be a bit more here and now. RPA, which is an amalgam of integration techniques with deep roots in rules-based business process management and web services is a mature technology.

For its part, analyst group IDC defines RPA as “software code that automates and assigns standardized, rules-based, repetitive and high-volume processes involving several interoperable systems — which were traditionally executed by humans — to a robot.” Since these programs may be relatively simple, the term ‘bot’ has arisen to describe semi-autonomous RPA apps.

RPA does seem to be on the upswing. By IDC’s estimate, the RPA software market will have expanded 49.3% (compound annual growth rate) over the five years running up to 2022, when it will comprise $3.7 billion. That figure is not quite up there with spending on cognitive and AI systems, envisaged at $77.6 billion in 2022, but it is still a hefty sum. It’s not surprising that the RPA market continues to gain vendor attention.

Among RPA integration vendors are Automation Anywhere, Blue Prism, UIPath and others that have found success in backroom financial apps and have been edging their way into logistics and IoT-oriented supply chain applications.

Meanwhile, IT mainstays such as IBM, Kofax, Oracle, Pegasystems, SAP, SoftwareAG and others have created, purchased or partnered to offer RPA to supply chain customers, increasingly with an IoT twist. 

usscmc

usscmc

No Result
View All Result

Recent Posts

  • How Hapag Lloyd captured a major market share in the Container Shipping Industry in USA
  • Why USA’s East Coast is the Favorite Destination for Manufacturing Companies
  • How Trade Relations Between the USA and UK Improved After Keir Starmer Became Prime Minister
  • Tips and Tricks for Procurement Managers to Handle Their Supplier Woes
  • The Crazy Supply Chain of Walmart Spanning Across the Globe

Recent Comments

  • Top 5 Supply Chain Certifications that are in high demand | Top 5 Certifications on Top 5 Globally Recognized Supply Chain Certifications
  • 3 Best Procurement Certifications that are most valuable | Procurement Newz on Top 5 Globally Recognized Supply Chain Certifications

Archives

  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • September 2019

Categories

  • Global News
  • Supply Chain Updates

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • Antispam
  • Contact Us
  • Disclaimer
  • Home
  • Privacy Policy
  • Terms of Use

© 2025 www.usscmc.com

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us

© 2025 www.usscmc.com