ON-DEMAND Webinar

Predictions 2024: Automation

Original Broadcast Date:Jan 29th, 2024
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Craig Le ClairVP, Principal Analyst
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Bernhard SchaffrikPrincipal Analyst
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Description

Leading firms will accelerate transformative automation efforts in 2024 fueled by a new round of AI enthusiasm. This will alter investment in process automation methods and tool selection. Advances in physical automation and practical application of large language models (LLMs) in operational enterprise use cases will also boost physical and cognitive automation. Enterprises that get ahead of these trends will balance the risk and reward of automation.

Key takeaways:

  • Enterprise will learn how the proliferation of process intelligence tools marks a step change in the evolution of automation strategies, from task automation to end-to-end process automation.
  • Attendees will understand the emergence of autonomous workplace assistants (digital coworkers), LLMs that will power 10% of operational process automations, drawing investment away from transformation initiatives that garner most of the LLM hype. LLMs with the greatest ROI will be company and domain specific.
  • Attendees will take away Forrester's view of automation risks: that 20% of large enterprises will include automation in enterprise risk registers and develop risk mitigation strategies for major automation efforts.
Target audience level: intermediate

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