IT Robotic Automation Market — Design, Research & Development, Testing & Production Services

IT robotic automation, being highly useful in advanced analytics in processes, operations, and process automation, are being adopted by a number of public and private organizations. Via cost-efficient automation software, IT robots can be programmed to enable their deployment in rule-based and data-driven processes, significantly boosting the productivity across a plethora of applications.
The global market for IT robotic automation has been segmented on the basis of services, solution, tools, and geography. By tools, model based and process based are the two prominent categories. Whereas, by solution, the market has been classified into services and tools. The services segment has been divided into training and professional services. BPO, consulting, and integration and development are the key segments of the professional services segment.
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The elimination of the need of integration and enhanced productivity in process handling such as workflow processes, back office processes, and IT management and support processes in a cost effective way have been catalyzing the growth of the global market for IT robotic automation technology.  The rapid expansion of the market can also be attributed to the rising demand for IT robotic automation technology from the finance and accounting (F&A) sector.
The deployment of robotic automation reduces human interference in monotonous tasks, thereby redirecting human labor in other, more productive tasks. This results in the creation of a virtual workforce that can handle a variety of jobs.

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