SpiceWorks - Neha Pradhan Kulkarni
The pace of cognitive automation and RPA is accelerating business processes more than ever before. Here are the important factors CIOs and business leaders need to consider before deciding between the two technologies.
In 2020, Gartner reported that 80% of executives expect to increase spending on digital business initiatives in 2022. In fact, spending on cognitive and AI systems will reach $77.6 billion in 2022, according to a report by IDC. Findings from both reports testify that the pace of cognitive automation and RPA is accelerating business processes more than ever before. As a result, CIOs are seeking AI-related technologies to invest in their organizations. However, the roadmap to these automation technologies is unclear.