Dana Hernandez, Author at Gigaom https://gigaom.com/author/danahernandez/ Your industry partner in emerging technology research Wed, 08 Jan 2025 18:10:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://gigaom.com/wp-content/uploads/sites/1/2024/05/d5fd323f-cropped-ff3d2831-gigaom-square-32x32.png Dana Hernandez, Author at Gigaom https://gigaom.com/author/danahernandez/ 32 32 GigaOm Key Criteria for Evaluating Enterprise Process Automation (EPA) Solutions https://gigaom.com/report/gigaom-key-criteria-for-evaluating-enterprise-process-automation-epa-solutions-2/ Wed, 08 Jan 2025 18:10:15 +0000 https://gigaom.com/?post_type=go-report&p=1041588/ Intelligent automation and hyperautomation have become technology buzzwords over the last few years. They represent the next evolutionary step following previous digital

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Intelligent automation and hyperautomation have become technology buzzwords over the last few years. They represent the next evolutionary step following previous digital transformation efforts that were often piecemeal, proprietary, and brittle.

Enterprise process automation (EPA) solutions turn these buzzwords into reality, combining intelligent document processing (IDP), robotic process automation (RPA), and business process management (BPM) into one solution infused with the additional powers of artificial intelligence. Previously, these technologies would have been purchased as separate tools.

EPA can revolutionize business processes and operations by taking on repetitive tasks like document processing and data entry along with more complex scenarios involving the use of natural language processing (NLP) or AI/ML algorithms to handle customer interactions with no human intervention. EPA solutions enable the full end-to-end automation of both routine and non-routine tasks that previously required human intervention. In doing so, these tools improve efficiency, increase accuracy, and reduce costs.

Business Imperative
EPA solutions simplify and standardize processes, free up resources, and improve operational efficiencies across many parts of the business. Use cases vary among industries, but a common thread is that EPA tools enable companies to identify and prioritize business-critical processes, then implement automation on those processes using a consistent set of tools. This can speed business response times, reduce costs, and enable teams to focus on new opportunities.

Sector Adoption Score
To help executives and decision-makers assess the potential impact and value of deploying an Enterprise Process Automation (EPA) solution, this GigaOm Key Criteria report provides a structured assessment of the sector across five factors: benefit, maturity, urgency, impact, and effort. By scoring each factor based on how strongly it compels or deters adoption of an EPA solution, we provide an overall Sector Adoption Score (Figure 1) of 4.4 out of 5, with 5 indicating the strongest possible recommendation to adopt. This indicates that an EPA solution is a credible candidate for deployment and worthy of thoughtful consideration.

The factors contributing to the Sector Adoption Score for EPA solutions are explained in more detail in the Sector Brief section that follows.

Key Criteria for Evaluating Enterprise Process Automation Solutions

Sector Adoption Score

1.0