Research > QKS EMC™ Foresight: Intelligent Process Orchestration (IPO) – The Way ahead for Automation
21.10.2024
Domain:Application Platforms & Automation
Sub Domain:BPM & Process Automation
Price:$ 18,000
QKS EMC™ Foresight: Intelligent Process Orchestration (IPO) – The Way ahead for Automation
Report Description:
Numerous software products routinely claim to support end-to-end process automation scenarios, including RPA and Microservices Orchestration, amongst other things. However, it’s been observed that they often reduce the core process logic to certain basic patterns like sequential steps, conditional branches, or parallel execution, and no more. These patterns suffice for the majority localized tasks, but severely fall short for the complex real-life processes, which further highlights a glaring gap in between the true end-to-end automation capabilities that are required, and that are normally presented by vendors. In QKS Group’s (formerly known as Quadrant Knowledge Solutions) EMC (Evolution, Maturity and Convergence) Analysis, it can be clearly observed that the market is currently evolving from an ‘automation only approach’ towards the more holistic and encompassing ‘IPO approach’. Since the market is so actively and continuously growing (in terms of technology, customer impact, use-cases, verticals catered to, and other such parameters), it’s safe to say that the IPO market is still far away from attaining maturity.
QKS Group’s EMC Foresight report provides a comprehensive analysis of the Intelligent Process Orchestration (IPO) market, detailing the evolution of the current automation technology and landscape, and the growing significance of IPO in the modern enterprise operations. The report also highlights the critical and much needed on-going transition of the process automation market towards the intelligent process orchestration market, emphasizing the need, benefits, the key drivers of its adoption, and what could lie ahead for vendors moving in the similar direction. It also throws specific light on the overview of the current market trends and the growth arc of the process automation market. Lastly, it provides strategic recommendations for a successful transition to intelligent process orchestration(IPO), need for the same, and the significant trends for the adoption of the IPO mindset.
According to Apoorva Dawalbhakta, Associate Director Research at QKS Group, “In the ever-evolving enterprise business landscape, optimizing operations and delivering exceptional customer experiences are the ultimate and paramount goals. In this context, intelligent process orchestration (IPO) stands out as a crucial strategy, empowering organizations to appropriately automate and orchestrate their workflows.” He further adds, “The future of IPO appears quite promising considering significant advancements in technologies like IoT, AI, ML, RPA, blockchain, and adaptive workflow engines, thus revolutionizing the end-to-end ‘operations game’. These innovations, facilitating task automation, streamlined workflows, enhanced data integrity, and real-time responsiveness, usher in a new era of operational efficiency, cost savings, and superior customer experiences- through the absolute implementation of the IPO approach.”
Table of Contents
State of the Current Automation Market
Automation Vs Orchestration – The Difference
Need for Process Orchestration
Intelligent Process Orchestration – The Way Forward
Journey of Automation towards Intelligent Process Orchestration (IPO)
Final Word
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