PRAGUE, Czech Republic, August 21, 2019 — XCD signs a ‘Technology Alliance Agreement’ with UiPath Inc., and becomes a certified Silver Partner.
Technological advancements such as xTractor for RPA™ are making it easier for organisations to take advantage of the benefits of Robotics Process Automation (RPA) by reducing the dependence on human intervention (“attended RPA”).
Key to any successful RPA project is that the inputs should be in a readable digital input type (Excel, Word, email, XML, CSV, text PDFs, etc.) – and the more structured this readable electronic input is, the better the result. Robotic process automation 2.0, often referred to as “unattended RPA” is the next generation of RPA related technologies.
Robotics Process Automation (RPA) technology is believed to save companies huge amounts of time and money, so it’s not much of a surprise to see Gartner estimating the market for this type of software will reach $2.4 billion a year by 2024, from just $850 million today. Gartner also said RPA is the fastest-growing sub-segment of enterprise software it tracks, with an annual growth rate of 63% in 2018.
Processes that benefit most from RPA are highly manual and repetitive, rule-based with clear and standardised processing instructions, mature and stable, low exception rates, and preferably long-term. Most organizations rely on optical character recognition (OCR) to ‘supply’ the readable digital input for their RPA driven processes. However, OCR technology is not perfect and therefore even close to a 100% OCR accuracy rate does not exist. The fact is also that certain business processes simply require 100% accurate data capture rates to eliminate the need human supervision and achieve true “unattended RPA”.
XCD’s xTractor for RPA’:
- xTractor for RPA™ facilitates next gen “unattended RPA”
- Generate 100% accurate and standard input for RPA robot (XML, UBL, CSV, cXML,…), thereby eliminating the need for human intervention entirely at data input level
- Create input specifically created for RPA (i.e. data posted to be used by the robot),including input structure, location and field unique identifiers