Five Facts About RPA That Everyone Should Know

28 Jun, 2021 | Blogs

How has Robotic Process Automation turned into one of the most sought-after technologies in the global enterprise software category? According to a research by Gartner, the growth rate of RPA was a staggering 63% in 2019. And this number would have increased further due to the Covid-19 pandemic and its subsequent norms like remote working and social distancing. This belief is concurred by Statista, which predicts RPA to reach a market value of 3 billion USD by 2022.

What is RPA: Quick Recap 

RPA is automation software comprising three essential elements: The robot/bot, console, and studio.

– Robot/bot — Think digital workers like droids in Star Wars

– Console — Think remote control of the bot

– Studio — A place to configure/build the robots

RPA bots mimic human actions and work effortlessly across different platforms, with little-to-no changes required in the current IT infrastructure. It rose to prominence due to the ease of its implementation and scalability. Unlike macro, it is not restricted to Excel or Windows-only applications, making it ideal for processes that need minimal/no human judgment.

Since RPA is a low-code technology that offers myriad benefits, businesses have embraced it with open arms. This bot can perform repetitive, time-consuming, and dreary tasks like filling forms, creating reports, updating records, etc., more quickly and accurately. Now that we have some context, let’s look at some interesting statistics and facts about RPA.

Top Five RPA Statistics

These statistics provide valuable insights into RPA trends and how this technology is impacting business processes around the world.

Also read: Business Process Reengineering (BPR): All You Need to Know

Five Facts about RPA


RPA has come a long way and is probably the future of IT automation. It is being adopted by companies in various industries to automate data rekeying and data entry tasks. RPA will soon evolve into Smart Process Automation (SPA) by integrating with technologies like AI and machine learning to achieve new levels of efficiency and productivity. To know more about RPA and process optimization, contact us today!