The future of automation in the workplace is rapidly evolving. With recent AI developments like ChatGPT combined with a challenging economic environment, it’s time to do more with less. To achieve this goal, we as a society are leaning into automation more and more.
Automation and the Future of Work
67% of companies currently use some form of business process automation. According to Deloitte, an additional 29% plan to implement some sort of low-code business process automation in their organization shortly. With automation plans on the rise to help with everything from service inquiries and workflow automation to HR requests and purchasing, the opportunities to automate are endless.
Automation and the future of work is quite interesting when you break it down. Adoption will only increase in the coming years, so it is time to lean into it.
Automation and Cost
As companies look to leverage automation more deeply throughout the organization, a common question is “how much does it cost?” Most of us assume that anything that makes jobs easier, reduces error, and extends the power of the workforce would cost the company a pretty penny. Right?
Actually, Forbes reports, “Intelligent Automation typically results in cost savings of 40 percent to 75 percent, with the payback ranging from several months to several years.”
The question becomes not “can we afford to automate” but “can we afford not to automate?” With competitors leaning into automation more and more, if your organization is not already leveraging automation at least for internal processes, you are likely falling behind.
Automation and Job Security
Sure, automation saves money and reduces error…but what about our people?
Some have questioned if there could come a time where automation replaces human jobs altogether (at least in some industries). However, McKinsey reports that “only 5% of jobs are fully automatable, so humans will always be needed in the workplace.” Instead of replacing humans, the goal of automation is to help reduce the load of tedious or dangerous tasks. NITRO Studio, for example, works to automate tedious, time-consuming, or repetitive tasks within an organization – everything from form submissions, to workflows and more.
The idea is to free your people up to do more valuable work that truly moves the organization forward instead of getting bogged down in tedious, repetitive tasks that ultimately burn employees out and impede company growth.
The Future of Automation in the Workplace
It’s not just those in the automation space who believe automation is the future. Forbes reports, “It’s abundantly clear that the future of work will be markedly different from our jobs today. AI, automation, and advanced engineered systems promise improvements in safety, simplification of routine tasks, and higher productivity levels across organizations.”
The future of automation in the workplace looks to be increasingly prominent. If your organization is not already leveraging automation to boost your efficiency, talk to one of our automation specialists to see where to start.
