Automation software is being used to automate processes through computer programs. It requires less human intervention and consumes less time to complete assigned tasks. These solutions are bifurcated into automated software, real-time software, web-based software, 3D software, and others. The software is developed for different types of operating systems such as Windows, Linux, Mac OS, Android, and Web browser.
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Innovation & High Adoption in Industries to Boost Demand
As per application, the software can be classified into industrial design, architectural design, business training, and others.
Increasing adoption of automation in various industrial processes can positively boost the use of these software. The software can be used for many tasks including automation lifecycle management, workload management, disaster management, and others. For instance, Automation Anywhere, a U.S. provider of robotic process automation solutions, has recently upgraded its Digital Workforce Platform. The new version provides benefits such as scalability, better security, and cognitive automation. This new upgrade is designed to build the enterprise-grade framework in several areas such as IT and other business clients in finance, insurance, banking, manufacturing, logistics, and healthcare.
Moreover, Microsoft India launched a mobile application called Microsoft Kaizala in 2017. It is designed for work management and large group communications. The application can be useful for large organizations for communicating, collaborating, and accomplishment of several tasks. The company’s Kaizala Pro has features which include system integration, organizational profile and directory, advanced reporting and analytics, user and group management, ability to create public polls, ability to publish custom actions, and automation.
Market Overview
According to a report available on Radiant Insights, Inc.; the automation software market is expected to accrue lucrative gains in terms of revenue by 2023. Technological developments in artificial intelligence (AI), robotics, and machine learning, and growing penetration of automation process in various industries to accomplish efficiency and accuracy in business processes can drive the market over the forecast period (2018 to 2023). Non-availability of affordable and skilled workforce can influence market demand in the forthcoming years.
North America is one of the largest markets due to high adoption of automation in industries and process management solutions.
Some of the top companies operating in the market include BACHMANN; GEFRAN; ICONICS, Inc.; MITSUBISHI Automation; and Oracle Corporation.
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