What We Do Innovation Insights Talk To Us
 
 
Insights

Explore

 
Artificial Intelligence Wave
 
Software robots replicate the routine work humans often do in front of computer screens. As software applications have taken over mainline business processes
 
By Artinon Tech Innovation
 
 
 

Software robots have become one of the hottest fads in business automation, as a new wave of AI is poised to sweep through the back-office functions of large corporations.

 

Software robots replicate the routine work humans often do in front of computer screens. As software applications have taken over mainline business processes, many back-office workers find themselves filling the gaps between fragmented systems, often acting as the glue in an unthinking information workflow.

 

The rise of the bots promises to bring sweeping changes for cubicle dwellers. Some 4m of these people in the US are likely to see their jobs taken over by the end of 2021, Each bot can handle the work it would take three or four full-time workers to perform. And at $8,000-$9,000 a year in licensing costs, they are a lot cheaper.

 

The bots have evolved out of a set of technologies created for very mundane activities. Yet simply taking over routine work like this will not lead to a big enough market to support the high valuations of the bot companies. The market is likely to be worth $2.9bn in 2022, according to Forrester — more than 10 times what it was in 2016, but still little more than a rounding error in the expected $48.5bn office AI market four years from now.

 

Such examples have fuelled investors’ hopes that the bots companies will become important software platforms in their own right as AI invades business. But with most companies still at an early stage in using the basic automation technology.

 



  For more RewinAnder Research on the convergence of technology and industry, ask your RewinAnder representative or Financial Advisor for the full report. Plus, more viewpoints.
 
 
 
 
 
   
 
Global Investment Research
 

For over two decades, we have dedicated resources on a global scale to develop industry-leading investment research in the areas of economics, portfolio strategy, and equity securities analysis.

We are committed to identifying and rigorously analyzing financial information, strategic issues and trends, both regionally and globally, that affect companies, industries and markets and fundamental changes which may have a meaningful impact on future investment values.

Distinguished and objective research is critical to serving our investing clients in the equity, fixed income, currency and commodities markets worldwide. Investors around the world recognize RewinAnder for its value-added research.

 

 
 
Arrange the tech leadership overall
 

Variety of data indicate that the development of information technology has hit a bottleneck, but we are still optimistic about the future of technology sector.

Facing the situation that the manufacturing jobs are irreversible lost, whether we should blame it on the robots, trade or not.

Processing information with technology is not a new thing, but the new form of office automation is that robots do the jobs what labors finish in computer.

 

 
 
Economic and global political uncertainty
 

The latest economic data indicate that the European economy is positive, but it still faces more challenges that if the trajectory can continue in 2018.

More European countries have held elections in 2017, trade war between the Trump Administration with strong protectionism and China has escalated, more trade disputes will occur between the Trump Administration and the European countries, Britain announced to exit from the European Union and set to begin the transition of exiting the European Union, the separatist forces prevail in Europe.

As a result of these events, more people started to concern about that varieties of uncertainties will derail the global economic recovery.

 
 
 

Explore more viewpoints

 

See the full reports of RewinAnder Insights for our perspective on what's shaping the world today, and future.

 
 
What We Do
           
Investment Security Mgt Trade platform Media Tech Innovation Research
           

Briefings

A weekly email from RewinAnder about trends shaping markets, industries and the global economy. Sign Up
Innovation at work . Innovation at Business
 
Innovation Culture Insights Contact us Privacy and Security Terms of Use
 

 

Copyright 2018 RewinAnder International . All Rights Reserved.