Automation is a smart investment in efficiency, productivity, and profitability. According to VentureBeat, companies that invested in automation technologies began to see results almost immediately, including an average 7% increase in revenues. In total, U.S. companies that adopted automation in 2021 generated an extra $195 billion in revenue per month, adding 7.1 million jobs to the economy.
Business organizations that want to save money and be competitive take into consideration the time costs associated with investments in new technologies. Will the efficiency gains translate to a rapid return on investment? Will users embrace the change and be more productive? Or will those investments be a hassle to employees and result in time-wasting workarounds and a fallback to inefficient, manual processes?
Across all industries, businesses are investing in applications and services powered by artificial intelligence (AI) and machine learning (ML) to boost productivity and gain a competitive advantage.
