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    Automation in Business A&c A1 (17-21)

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    Rujuta Jhaveri
    The document discusses business process automation. It defines automation as using technology to execute recurring tasks to replace manual effort in order to achieve cost minimization and efficiency. It describes common business processes that can be automated, such as high volume tasks, time-sensitive tasks, and tasks that require compliance. The document outlines the steps to automate a process and tools that can be used, and provides examples of companies that have automated business processes. It discusses advantages like reduced costs and optimized workflows, and disadvantages including high investment costs and loss of flexibility.

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    © All Rights Reserved
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    Automation in Business A&c A1 (17-21)

    Uploaded by

    Rujuta Jhaveri
    31 views10 pages
    The document discusses business process automation. It defines automation as using technology to execute recurring tasks to replace manual effort in order to achieve cost minimization and efficiency. It describes common business processes that can be automated, such as high volume tasks, time-sensitive tasks, and tasks that require compliance. The document outlines the steps to automate a process and tools that can be used, and provides examples of companies that have automated business processes. It discusses advantages like reduced costs and optimized workflows, and disadvantages including high investment costs and loss of flexibility.

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    Automation in business a&c a1(17-21).pptx

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    The document discusses business process automation. It defines automation as using technology to execute recurring tasks to replace manual effort in order to achieve cost minimization and efficiency. It describes common business processes that can be automated, such as high volume tasks, time-sensitive tasks, and tasks that require compliance. The document outlines the steps to automate a process and tools that can be used, and provides examples of companies that have automated business processes. It discusses advantages like reduced costs and optimized workflows, and disadvantages including high investment costs and loss of flexibility.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    31 views10 pages

    Automation in Business A&c A1 (17-21)

    Uploaded by

    Rujuta Jhaveri
    The document discusses business process automation. It defines automation as using technology to execute recurring tasks to replace manual effort in order to achieve cost minimization and efficiency. It describes common business processes that can be automated, such as high volume tasks, time-sensitive tasks, and tasks that require compliance. The document outlines the steps to automate a process and tools that can be used, and provides examples of companies that have automated business processes. It discusses advantages like reduced costs and optimized workflows, and disadvantages including high investment costs and loss of flexibility.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    Automation in Business

    Presented by

    1615017 Hussain Khedawala

    1615018 Rasika Jadhav

    1615019 Vinay Jain

    1615020 Saurabh Jain

    1615021 Rujuta Jhaveri


    Introduction
     Definition : Business process
    automation is the use of technology
    to execute recurring tasks or
    processes in a business where manual
    effort can be replaced.
     It is done to achieve cost minimization,
    greater efficiency, and streamlined
    processes.
     business process automation is not to
    be confused with business process
    management, which is a larger
    discipline involving the management of
    complex organization-wide processes
    using different methodologies.
    Which business processes can be
    automated ?
     High volume of tasks
     Multiple people required to execute tasks
     Time-sensitive nature
     Significant impact on other processes and systems
     Need for compliance and audit trails

    However business automation isn’t restricted to these processes.


    Steps used in automating a business

    1. Identify the process/ processes to be automated


    2. Identify the current resources
    3. Design the automation process
    4. Model the process
    5. Execute the process
    6. Monitor the working
    7. Optimize the process
    Tools employed for automating
    business
     Artificial intelligence
     Robots
     Machine languages
     Automation softwares
     Analysing big data
    softwares
     Sensors and actuators
     Feedback mechanism
    Advantages of automation in
    business
     Optimize business workflows by
    accelerating the decision-making
    process.
     Reduce cost and time for tasks
     Minimize paper and deploy web-
    based tracking, searching, and
    reporting.
     Make continuous changes and
    improvements to the process
     Integrate your 3rd party SaaS
    applications, ERP systems, and
    legacy databases where applicable.
    Disadvantages of automating a
    business
     Cost of investment is extremely high
     Downsizing and loss of manual jobs
     Loss of flexibility
    Case study : ABB

     ABB is the leading technological and Automation Company that provides


    innovating digitally connected and enabled industrial equipment and
    systems.
     In 2004, ABB launched its Extended Automation System 800xA, an
    industrial system for the process industries
     This company is popular for manufacturing robotics. ABB operated in
    more than 100 countries and employs around 132, 000 people.
     Our industries are utilized by industries such as Aluminium, Automotive,
    Buildings and Infrastructure, Cement, Chemical, Data Centres, Energy
    Efficiency, Food and Beverage, OEM and Panel Builders, Oil and Gas.
    Companies that executed automation
    in business
    References

     https://www.plantautomation-technology.com/articles/top-industrial-automation-comp
    anies-in-the-world
     https://www.google.com/search?q=which+year+did+abb+automate+its+process&oq
    =which+year+did+abb+automate+its+process&aqs
    =chrome..69i57j33.11437j0j8&sourceid=chrome&ie=UTF-8
     https://www.google.com/search?q=tools+for+business+process+automation&oq=too
    ls+of+business+process+auto&aqs=chrome.1.69i57j0l2.14961j0j8&sourceid=chrome
    &ie=UTF-8
     https://kissflow.com/business-process-automation/?utm_kf_source=Adwords-Search-BP
    M-Automate-Exact-11&campaign=6662023864&adgroup=78742087906&keyword=k
    wd-297204973431&placement=&gclid=CjwKCAjwvOHzBRBoEiwA48i6AgbVRrh1bxvSf
    EqsgixqA89rGbSONrG_0PiuNwZauzwodaPbP4Gs2RoCYQAQAvD_BwE
     google.com/search?sxsrf=ALeKk03ufRcAvyQPjpRIAFyKWc1r8iE26g
    %3A1584969676572&ei=zLd4XvK9Ipziz7sPreaQ6Aw&q=disadvantages+of+business
    +automation&oq=disadvantages+of+business+auto&gs_l=psy-
    ab.1.0.0i22i30l3.910.14824..16543...1.0..0.2180.11421.0j23j1j5-
    1j0j1j1j2......0....1..gws-
    wiz.....10..35i362i39j0i273j0i67j0j0i131i67j0i131j0i20i263.kFbf0CvyLXQ

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