Global IT Robotic Automation Market to Reach US$ 4.98 Bn by 2020 - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

ResearchMoz added Latest Research Report titled " IT Robotic Automation Market (RPA Tools and RPA Services) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 " to it's Large Report database.

Robotic automation involves a practice in which a machine or computer software mimics human actions in order to complete rule-based tasks. In context of IT industry, robotic automation is accomplished by using automation software, which utilizes the Robotic Process Automation (RPA). Some basic processes in IT, which can be managed through robotic process automation include access management, request management, availability management, monitoring, incident management, and problem management. Robotic automation helps reduce the operating costs while additionally supporting agility in order to meet the customers’ varying and evolving needs. The robotic automation software tools help automate existing user actions and thereby, facilitate IT companies in incurring cost savings as robotic software can replace the employees performing similar repetitive tasks.

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Key factors driving the global IT robotic automation market include cost benefits and improved efficiency over manual process handling, ability to leverage other application software without integration, increasing adoption in finance and accounting (F&A) sector and potential alternative to offshore outsourcing among others. The robotic process automation reduces the need for human intervention in routine repetitive tasks and thus creates a virtual workforce capable of handling large number of repetitive tasks. Further, the automation occurs at the GUI layer thereby eliminating the need of integration with other systems. Moreover, robots can work 24x7x365 eradicating the constraints of human labor to work for limited hours. Thus, significant reductions in cost, time and labor can be achieved by implementing robotic process automation.

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Table of Contents

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Sources
1.3.2 Secondary Research
1.3.3 Primary Research

Chapter 2 Executive Summary
2.1 Market Snapshot: Global IT Robotic Automation Market (2013 & 2020)
2.2 Global IT Robotic Automation Market, 2012 – 2020, Revenue (US$ Mn) and Y-o-Y Growth (%)

Chapter 3 Global IT Robotic Automation Market Overview
3.1 Introduction
3.2 Market Drivers
3.2.1 Robotic Automation in IT Acting as a Strong Alternative to Offshore Outsourcing
3.2.2 Cost Benefits and Improved Efficiency by Using Robotic Automation Over Manual Process Handling in IT Industry
3.2.3 Ability to Leverage Other Application Software Without Integration
3.2.4 Increasing Adoption in Finance and Accounting (F&A) Sector to Cut Costs
3.2.5 Impact Analysis of Drivers
3.3 Market Restraints
3.3.1 Security Concerns of the Technology over Increased Access to an Individual
3.3.2 Existing BPO Contracts will Hamper Adoption in the BPO Segment
3.3.3 Social Implication of Releasing People from their Roles
3.3.4 Impact Analysis of Restraints

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