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How Automation Improves Business Performance and Overall Society

How AUTOMATION IS IMPROVING BUSINESS PERFORMANCES AND OVERALL SOCIETY THE ROLE OF AUTOMATION THE FIRST AUTOMATION SYSTEM TO REPLACE JOBS IN A BIG WAY ARRIVED ABOUT 35 YEARS AGO AS GAS STATIONS BEGAN USING ELECTRONIC PUMPS THAT ENABLED DRIVERS TO DISPENSE THEIR OWN GAS. EMPLOYEES WERE NO LONGER NEEDED TO "FILL HER UP" AND WASH WINDOWS. THOSE JOBS HAD JUST BEEN "OUTSOURCED" TO THE CUSTOMER. OTHER TYPES OF AUTOMATION: ATM VS. BANK TELLERS SELF-CHECK Vs. CASHIERS TURBOTAX VS. ACCOUNTANTS ATM THE IMPACT OF AUTOMATION TODAY CURRENTLY, 98% OF AMERICAN AGRICULTURE HAVE TURNED TOWARDS AUTOMATION. (IN THE EARLY 1800's, 9 OUT OF 10 AMERICANS WORKED IN AGRICULTURE-NOW IT'S AROUND 2%.) BETWEEN 2000 AND 2010: 1.1 MILLION SECRETARIAL TASK JOBS SUCH AS CALENDAR UPDATES, CONTACTS LOGS AND 15 GENERATING REPORTS HAVE BEEN REPLACED WITH AUTOMATION 36% TELEPHONE OPERATING TASKS HAVE SWITCHED TO AUTOMATION 54% TRAVEL AGENT TASKS HAVE SWITCHED TO AUTOMATION 74% OF BOOKKEEPING TASK HAVE SWITCHED TO AUTOMATION THE BENEFITS OF AUTOMATION IN BUSINESS AUTOMATION HELPS U.S. COMPANIES MANUFACTURE PRODUCTS AT A COST THAT IS GLOBALLY COMPETITIVE WITH COUNTRIES SUCH AS CHINA AND INDIA, WHERE LABOR COSTS ARE RISING. AS A RESULT, SOME MANUFACTURING IS RETURNING TO THE U.S., HELPING COMPANIES TO GROW AND ULTIMATELY CREATE MORE JOBS. (BENEFITS SOCIETY AS WELL) AUTOMATING BUSINESS PROCESSES MEANS THAT THE COMPANY CAN TAKE ON A GREATER TASK VOLUME. SAVE TIME, HUMAN ERROR IS ELIMINATED, AND STAFF MAY NOT HAVE TO WORK OVERTIME. 20 THE RATE OF RETURN INDUSTRIES RECIEVED WHEN INVESTED IN AUTOMATION 16 15.2 15.2 13.5 14.8 12.0 12 9.5 4 TOTAL MINING, UTILITIES, AND MANUFACTURING TRADE OTHER HIGH-TECH INDUSTRIES CONSTRUCTION ACCOUNTS PAYABLE AUTOMATION IN SAP INCREASES ACCOUNTS PAYABLE AUTOMATION IN SAP REDUCES PRODUCTIVITY BY MORE THAN: COST PER INVOICE BY UP TO: 30% 60% THE BENEFITS OF AUTOMATION IN SOCIETY MANY COMPANIES CAN REMAIN IN BUSINESS AND CONSUMERS CAN EXPECT A HIGH AVERAGE OF QUALITY OF GOODS AND SERVICES DUE TO AUTOMATIONS. THE RESULT IS THAT, WITH THE AID OF AUTOMATIONS, BUSINESS PRODUCTIVITY INCREASES AND THE OVERALL ECONOMIC PIE GETS BIGGER FROM 2000 TO 2007, IN THE YEARS LEADING UP TO THE GREAT RECESSION, GDP AND PRODUCTIVITY IN THE US GREW FASTER THAN AT ANY POINT SINCE THE 1960S DUE TO AUTOMATIONS "IN A VERY, VERY AUTOMATED AND DIGITALLY PRODUCTIVE ECONOMY YOU DON'T NEED TO WORK AS MUCH, AS HARD, WITH AS MANY PEOPLE, TO GET THE FRUITS OF THE ECONOMY. SO THE OPTIMISTIC VERSION OF AUTOMATION IS THAT WE FINALLY HAVE MORE HOURS IN OUR WEEK FREED UP FROM TOIL AND DRUDGERY." SOURCES: http://www.christiansteven.com/automation-in-business http://www.technologyreview.com/news/428429/when-machines-do-your-job/ http://www.daytondailynews.com/news/news/automation-replacing-service -white-collar-workers/nWdns/ http://www.positivefuturist.com/archive/56.html http://www.dolphin-corp.com/business-process-management/procure-to-pay PRESENTED BY: Dolphin

How Automation Improves Business Performance and Overall Society

shared by jessief on Dec 23
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Automation continues to play an increasingly large role in our lives as humans leverage technology to improve quality of life. At Dolphin, automation is a huge part of what we do, and the services tha...

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