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Lns Business Process Management Bpm Opex Platform Data From S Surveys Related To Asset Performance Apm And The Industrial Internet Of Things Iiot All Point Improvement In Operational

Lns Business Process Management Bpm Opex Platform Data From S Surveys Related To Asset Performance Apm And The Industrial Internet Of Things Iiot All Point Improvement In Operational Robotic Business Process Management Bpm

Grisella Bader Tuesday, April 16, 2019 Robotic


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Increased adoption of industrial robots coupled with a huge push from the industry for collaborative robots, opens opportunities for robotic solutions. In the immediate future industrial robots strengthen the position of every industry, promising more manufacturing efficiency at every level.

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Dealing with sensitive data. Security, accuracy and fraud prevention are critical elements within finance and accounting departments. Here again, Robots outperform humans. Robots log into applications with the same user name and password credentials as humans. However, Robots only examine data directly relevant to the task at hand, they never make human errors and they have no motivation to use information or system access for fraudulent purposes. Robotic automation can also be applied on virtual workstations within data centers which further limits access to keyboards and computer screens by non-approved eyes.

For companies to succeed, along with trying to create a fully employed economy, the biggest factor is cost efficiency. More and more companies rely on the cheapest alternative to produce outputs, in hopes of earning profits. Boston Consulting Group reports that it costs roughly $8 an hour to use a robot for spot welding in the auto industry, compared to $25 for a worker.

The idea of bringing back manufacturing jobs to have people, not robots, perform specific tasks to complete production would have a significant impact on the current state of the worldwide economy. The day and age of having only people perform automated jobs is over and Donald J. Trump will fail to bring back what he promised. This transition won’t appear to be cost-effective, the required high-tech relevant training will be scarce, and the worldwide economy would have less incentive to globalize.

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