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Artificial intelligence (AI) is a critical driver of economic development and a strategic priority.
It has the potential to solve a variety of problems, including as treating diseases and reducing farming’s environmental effect.
Artificial intelligence enables robots and systems to analyse their surroundings and make autonomous decisions in order to attain certain goals.
The Europe Intelligent Automation Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.
Conversational AI is becoming increasingly popular in Germany for applications such as contact centre chatbots, virtual agents, and voice assistants.
Ericsson has unveiled the Intelligent Automation Platform, a service management and orchestration platform that the company claims will allow any mobile network to be intelligently automated.
Laiye, a global provider of intelligent automation, has opened offices in the UK with the intention of upending the “Big Three” competitors in its field, Automation Anywhere, Blue Prism, and UiPath. With current European clients including Porsche, AstraZeneca, LVMH, and Roche, Laiye has announced plans to invest $50 million in the EMEA global market over the later years.
Neil Parker, the EMEA general manager, who previously established SaaS sales teams at Veritas and Computacenter, will oversee the expansion of Laiye’s initial European operations, which began in the UK. By fusing the power of artificial intelligence (AI), machine learning (ML), natural language processing (NLP), optical character recognition (OCR), chatbots, and robotic process automation, the company’s intelligent automation capabilities aim to replicate human intellect (RPA).
Based on established business procedures, these technologies automate complex decision-making, which over time improves as the technology gains knowledge of the company. RPA is now a hot topic for European businesses due to the acceleration of digitisation and the pressures on the supply chain during lockdown.
However, while RPA eliminates repetitive administrative tasks that might otherwise be outsourced, intelligent automation, which has AI at its core, further optimises smarter business processes.
