Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications

    Seeking New Revenue Sources, Companies Plan Automation Expansions

    By
    Dennis McCafferty
    -
    November 19, 2018
    Share
    Facebook
    Twitter
    Linkedin

      PrevNext

      1Seeking New Revenue Sources, Companies Plan Automation Expansions

      Seeking New Revenue Sources, Companies Plan Automation Expansions

      With their automation efforts meeting with successful results, a clear majority of organizations plan to expand their use of these tech tools, according to a recent survey from CA Technologies. The resulting “The State of Automation” report reveals that most IT and business leaders anticipate that artificial intelligence (AI) advancements will improve automation deployments within the next several years. With this, they expect to better adapt to the rapid pace of technology and market shifts, while increasing revenue opportunities. More than 1,000 global IT and business executives took part in the research, which was conducted by Enterprise Management Associates. This slide show presents survey findings, with charts provided courtesy of CA Technologies.

      2Self-Assessments Lead to High Marks

      Self-Assessments Lead to High Marks

      Four of five survey respondents said their company is no less than “better than most” businesses in terms of automation maturity. And 16 percent even described their organization as performing at a “state of the art” level.

      3Automation Expansion Sought

      Automation Expansion Sought

      Nearly three-quarters of respondents said their company is looking for new use cases for automation. About two-thirds said they are planning to acquire “broader” automation tools.

      4Organizations Expected to Leverage AI

      Organizations Expected to Leverage AI

      More than three of five respondents said artificial intelligence (AI) will improve automation within no less than three years. Eighteen percent said this will happen within a year, with “significant” results.

      5Marketing, IT Earn Top Grades

      Marketing, IT Earn Top Grades

      When asked to rate their organization (from 1 to 5, with a 5 being superior) in terms of using automation for various processes/departments, respondents on average gave marketing a 3.75. IT operations earned a 3.62, while finance/accounting received a 3.57 and customer services earned a 3.44.

      6Rapid Change Requires New Tech Tools

      Rapid Change Requires New Tech Tools

      More than one-half of respondents said they are investing in business process automation to adapt to the rapid pace of change. Just over 47 percent said they are investing in this to drive new revenue opportunities.

      7Business Execs Seek Scalability

      Business Execs Seek Scalability

      Among business executives only, nearly 46 percent said they highly value scalability in an automation solution. Forty-four percent feel that governance/auditability-related qualities are very important.

      8Process Overload Creates Roadblocks

      Process Overload Creates Roadblocks

      In ranking top challenges of automation, 42 percent of respondents cited a lack of processes. The second-highest challenge was an excess of “task-specific tools,” as cited by 41 percent of respondents.

      9Staffing Reductions Not in the Forecast

      Staffing Reductions Not in the Forecast

      Should current employees harbor concerns about job security due to automation? Not at this time, as only 14 percent of respondents said their company plans to reduce staff. However, 67 percent said their organization will likely reduce hiring for the future.

      10Transformation Impact Brings Mixed Perspectives

      Transformation Impact Brings Mixed Perspectives

      There seems to be disagreement between business and IT executives about the impact of automation on the enterprise digital transformation, as 65 percent of IT execs said that robotic process automation is a key enabler of the transformation. But just 28 percent of business execs agree.

      11Effect of Workload Improvements Subject to Debate

      Effect of Workload Improvements Subject to Debate

      Similarly, 56 percent of IT execs believe that workload automation is a key enabler of the enterprise digital transformation. Only 39 percent of business execs agree.

      PrevNext

      MOST POPULAR ARTICLES

      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Cloud

      Yotascale CEO Asim Razzaq on Controlling Multicloud...

      James Maguire - May 5, 2022 0
      Asim Razzaq, CEO of Yotascale, provides guidance on understanding—and containing—the complex cost structure of multicloud computing. Among the topics we covered:  As you survey the...
      Read more
      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Big Data and Analytics

      GoodData CEO Roman Stanek on Business Intelligence...

      James Maguire - May 4, 2022 0
      I spoke with Roman Stanek, CEO of GoodData, about business intelligence, data as a service, and the frustration that many executives have with data...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×