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1 – 10 of 143Alcidio Silva Figueiredo and Luisa Helena Pinto
The introduction of robotic process automation (RPA) in shared service centres (SSCs) can hardly be overlooked. This article, therefore, draws on the institutional theory to widen…
Abstract
Purpose
The introduction of robotic process automation (RPA) in shared service centres (SSCs) can hardly be overlooked. This article, therefore, draws on the institutional theory to widen the understanding of its implementation and outcomes regarding people management. Drawing on the lens of the institutional theory and the literature on SSCs and RPA, this study addresses the key challenges and outcomes of robotization.
Design/methodology/approach
The study follows a qualitative approach and a purposeful sampling design that collected data from six major SSCs) introducing robotization. Data were collected from semi-structured interviews with service representatives, including RPA project managers. A thematic content analysis was used.
Findings
The introduction of robotics follows mechanisms of coercive, normative and mimetic isomorphism and is effectively replacing workers. So far, this process has been managed through a few reactive people management practices, such as earlier retirements, internal mobility and outsourcing reduction, which warns of future tensions. The findings also show the emergence of new jobs, such as robot developers and robot managers.
Originality/value
The paper contributes to the limited empirical body of research in RPA in SSCs. The study is novel as it is one of the first offering an implementation roadmap for other SSCs and illustrates the positive impact on processes redesign. It also provides empirical evidence on the debate about the potential for service workers' replacement versus tasks augmentation. In the longer term, this study opens new research avenues related to the tensions and contradictions from the progressive institutionalization of robotization in service organizations.
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Adriana AnaMaria Davidescu, Eduard Mihai Manta, Margareta-Stela Florescu, Cristina Maria Geambasu and Catalina Radu
The objective of this chapter is to analyse the performance of the UiPath (PATH) company on the New York Stock Exchange, in the context of the war between Russia and Ukraine, and…
Abstract
Purpose
The objective of this chapter is to analyse the performance of the UiPath (PATH) company on the New York Stock Exchange, in the context of the war between Russia and Ukraine, and to predict the closing price of the PATH stock using autoregressive integrated moving average with (ARIMAX) and without (ARIMA) exogenous variable methods and autoregressive neural networks (NNAR, NNARX).
Need for Study
UiPath has gained a significant reputation in the IT market and has become a point of interest in recent years. However, the current context is marked by an event of international impact, the war between Russia and Ukraine. In this context, this analysis will consider performance from two perspectives: forecasts of the closing price and forecasts of the closing price with an exogenous variable, namely the war between Russia and Ukraine.
Methodology
In the analysis that follows, we will address a forecast of the stock closing price using ARIMA, ARIMAX, NNAR and NNARX, as well as analysis of changing points and structural breaks of the series.
Findings
The changing points in the mean and variance but also the breaks in the structure justify the course of the closing price. From the information extracted in the analysis, it can be concluded that market sentiment is currently pessimistic due to the downward trend in the price. Both the public and the shareholders are disappointed with the performance of PATH stock and are waiting for the next change point that will change the trend of the series.
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Anita Maček, Michael Murg and Živa Veingerl Čič
Robotic process automation (RPA) is a rapidly emerging field of computer science. It refers to the use of software robots or similar virtual assistants, which are programmed to…
Abstract
Robotic process automation (RPA) is a rapidly emerging field of computer science. It refers to the use of software robots or similar virtual assistants, which are programmed to complete repetitive and labor-intensive tasks. It has been shown that RPA offers technologically advanced solutions to businesses around the world and can cut costs, raise levels of efficiency, and improve quality. In the effort to remain competitive in the market, RPA has become a powerful and competitive tool for companies spanning a range of different industries. In this chapter, the authors’ focus is on the role of RPA in the banking sector. In this chapter author will analyze the existing scientific research in this area, with a focus on the process requirements for implementing RPA in banks, RPA vendors, and the general benefits of robotization in banking. The chapter will provide additional value through a list of suggestions for the practical use of RPA in the banking industry.
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Graham Squires, Don Webber, Hai Hong Trinh and Arshad Javed
The purpose of this paper is to examine the relationship between house price affordability (HPA) and rental price affordability (RPA) in New Zealand. The cointegration of HPA and…
Abstract
Purpose
The purpose of this paper is to examine the relationship between house price affordability (HPA) and rental price affordability (RPA) in New Zealand. The cointegration of HPA and RPA is of particular focus given rising house prices and rising rents.
Design/methodology/approach
The study examines the lead-lad correlation between HPA and RPA. The method uses a generalised least square technique and the development of an ordinary least squares model.
Findings
The study shows that there is an existence of cointegration and unidirectional statistical causality effects between HPA and RPA across 11 regions in New Zealand. Furthermore, Auckland, Wellington and Canterbury are the three regions in which the results detect the most extreme effects amongst HPA and RPA compared to other places in the country. Extended empirical work shows interesting results that there are lead-lag effects of HPA and RPA on each other and on mortgage rates at the national scale. These effects are consistent for both methods but are changed at individual lead-lag variables and amongst different regions.
Originality/value
The study empirically provides useful insight for both academia and practitioners. Particularly in examining the long-run effects, cointegration and forecasting of the volatile interactions between HPA and RPA.
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Aleksandrs Urbahs and Vladislavs Zavtkevics
This paper aims to analyze the application of remotely piloted aircraft (RPA) for remote oil spill sensing.
Abstract
Purpose
This paper aims to analyze the application of remotely piloted aircraft (RPA) for remote oil spill sensing.
Design/methodology/approach
This paper is an analysis of RPA strong points.
Findings
To increase the accuracy and eliminate potentially false contamination detection, which can be caused by external factors, an oil thickness measurement algorithm is used with the help of the multispectral imaging that provides high accuracy and is versatile for any areas of water and various meteorological and atmospheric conditions.
Research limitations/implications
SWOT analysis of implementation of RPA for remote sensing of oil spills.
Practical implications
The use of RPA will improve the remote sensing of oil spills.
Social implications
The concept of oil spills monitoring needs to be developed for quality data collection, oil pollution control and emergency response.
Originality/value
The research covers the development of a method and design of a device intended for taking samples and determining the presence of oil contamination in an aquatorium area; the procedure includes taking a sample from the water surface, preparing it for transportation and delivering the sample to a designated location by using the RPA. The objective is to carry out the analysis of remote oil spill sensing using RPA. The RPA provides a reliable sensing of oil pollution with significant advantages over other existing methods. The objective is to analyze the use of RPA employing all of their strong points. In this paper, technical aspects of sensors are analyzed, as well as their advantages and limitations.
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Osvaldo Braz dos Santos Moderno, Antonio Carlos Braz and Paulo Tromboni de Souza Nascimento
Research of currently limited literature sees Robotic Process Automation (RPA) as an important tool at the tactical level. However, the literature has not considered its potential…
Abstract
Purpose
Research of currently limited literature sees Robotic Process Automation (RPA) as an important tool at the tactical level. However, the literature has not considered its potential contribution to creating competitive advantages. This paper aims to link RPA and Resource-based view (RBV) literature, proposing a conceptual framework boosting RPA research as part of an organizational AI strategy.
Design/methodology/approach
This study applied a Systematic Literature Review (SRL), combining bibliometrics and content analysis. This study also built a new framework based on the updated RBV model that was transformed based on the RPA literature review results.
Findings
By bridging the two bodies of literature on RBV and RPA, this study manages to show the strategic side of the technology. Therefore, this study brought to light the most updated fundamental concepts of complementarity and scale-free fungible resources from RBV theory and AI technologies, applied to the domains of RPA, information systems and information technology (IS/IT) through the development of a new theoretical lens. Also, this study was able to elaborate on a new conceptual framework for AI strategy formulation to help organizations on their journey to AI utilization.
Originality/value
The authors did not find any research that has shown the strategic side of RPA, nor any that has used a theoretical lens based on the RBV theory to show this side. To the best of the author’s knowledge, this study seems to be the first to make the case for RPA's strategic potential.
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Chitra Sharma, Sangeeta Shah Bharadwaj, Narain Gupta and Hemant Jain
The study aimed to examine the robotic process automation (RPA) contextual (center of excellence and scalability) and the multidisciplinary (TOE) determinants of RPA adoption in…
Abstract
Purpose
The study aimed to examine the robotic process automation (RPA) contextual (center of excellence and scalability) and the multidisciplinary (TOE) determinants of RPA adoption in service industries in the emerging economy.
Design/methodology/approach
Ten factors were identified through literature surveys and popular studies grounded in technology, organization and environment. SPSS AMOS SEM is used for scale measurement and hypotheses testing. A sample of 313 respondents was collected from middle to above middle management executives of service industries from India. The authors tested the hidden layers and non-linear relationships using artificial neural network (ANN) analysis.
Findings
The low complexity, center of excellence (CoE), and industry/business partner pressure were significant to the RPA adoption in service industries in emerging economies. Counterintuitively, the scalability showed a negative influence on the RPA adoption, and the process capability did not show influence. The results of SEM and ANN were consistent.
Research limitations/implications
This research can unfold the RPA adoption scholarly debate to multiple services industries beyond the telecom sector in emerging economies.
Practical implications
RPA is a disruptive technology on the artificial intelligence (AI) continuum. It has the potential to change the ways of working and enable technology-driven transformation. However, despite having thriving service industries that can benefit from RPA, emerging economies lag in adoption compared to the developed nations.
Social implications
The RPA and automation can bring transformation to human society. Large economies such as India and China have large-scale demand for services, and the waiting lines are a common issue struggled by society. RPA can address the scalability issues of several services.
Originality/value
This study is among the first to examine technology-organization-environment (TOE) with RPA, including RPA contextual variables such as the CoE and scalability. Literature reports TOE applications on several emerging technologies of Industry 4.0 such as cloud, blockchain, big data and 3 Dimensional Printing (3DP), but no or little reported studies around RPA in services industries in emerging markets.
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Kiran Gehani Hasija, Karishma Desai and Sopnamayee Acharya
Purpose: To analyse the acceleration of artificial intelligence (AI) operations and robotic process automation (RPA) by comparing its market size and revenue worldwide during the…
Abstract
Purpose: To analyse the acceleration of artificial intelligence (AI) operations and robotic process automation (RPA) by comparing its market size and revenue worldwide during the pandemic and, measuring the impact of AI investment levels on jobs human resource functions, and analysing the role of AI in future work.
Design/Methodology: The archival data analysis technique is used to fetch data from sources like the Centre for Monitoring Indian Economy (CMIE), Statista, Deloitte, Mc Kinsey, Strata, Tractica, and IDC. Descriptive analysis with supporting literature has been contextually used for each objective which further establishes practical and theoretical implications of AI, intelligent process automation (IPA), and RPA in different industries during Covid-19 pandemic. This study analysed active scholarly articles from the Scopus database and presented results and findings.
Findings: The findings of the study state that emerging technologies such as AI, IPA, and RPA have a strong potential impact on market size, revenue, number of jobs, and investments levels during the pandemic. The global investment in AI is projected to witness an upsurge from 2018 to 2027, which significantly impacts the human workforce in various industries. The results of the study state that AI/RPA seems to be a crucial technological intervention, especially in times of the pandemic.
Originality/Value: This study contributes to the body of knowledge by constructing a base for understanding the pace of AI/RPA/IPA intervention and its significant impact on organisation process, structure, and people in different sectors. The timeline and forecast of this study intend to make industry consultants future to prepare to align themselves in an era of digital disruption.
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Remko van Hoek, Jacob Gorm Larsen and Mary Lacity
The authors share a real-world case study of a multiple-year adoption process of robotic process automation (RPA) in procurement to add to the limited empirical research base on…
Abstract
Purpose
The authors share a real-world case study of a multiple-year adoption process of robotic process automation (RPA) in procurement to add to the limited empirical research base on RPA in supply chain management. The Maersk case offers hard evidence of the value of RPA that can be used as a benchmark for decision-making in companies and as a basis for further research in key areas such as change management and behavioral aspects as well as return on investment on RPA and the need for RPA capability development.
Design/methodology/approach
Together with the co-author from Maersk, the authors cover a multiple year RPA program in procurements, to capture lessons learned and develop research questions for the future. The authors consider 39 generic action principles for RPA adoption in a specific procurement context.
Findings
The authors find RPA for procurement to be an enabler of strategic progress and of advancing the concept of triple values (enterprise, customer and employee) in a supply chain setting. The authors offer RPA adoption scoping guidance and show how, with growth and maturity of the program, conditions such as predictability of volume become less relevant as a scoping criterium. The authors also find that RPA augments work rather than replace staff. Maersk utilizes staff time freed up by automation to focus employees on more strategic priorities. The authors consider 39 generic action principles for RPA adoption in a procurement-specific context and develop additional action principles based upon the Maersk case.
Originality/value
The authors study both a unique and rich case to complement limited empirical research on RPA in procurement and supply chain management and the limited research into RPA past early stage adoptions. The authors address Hofmann et al.'s (2019) questions about the change management involved in RPA and consider generic RPA action principles from literature in this specific procurement setting. The authors extend those action principles and develop a rich set of research opportunities.
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Antti Ylä-Kujala, Damian Kedziora, Lasse Metso, Timo Kärri, Ari Happonen and Wojciech Piotrowicz
Robotic process automation (RPA) has recently emerged as a technology focusing on the automation of repetitive, frequent, voluminous and rule-based tasks. Despite a few practical…
Abstract
Purpose
Robotic process automation (RPA) has recently emerged as a technology focusing on the automation of repetitive, frequent, voluminous and rule-based tasks. Despite a few practical examples that document successful RPA deployments in organizations, evidence of its economic benefits has been mostly anecdotal. The purpose of this paper is to present a step-by-step method to RPA investment appraisal and a business case demonstrating how the steps can be applied to practice.
Design/methodology/approach
The methodology relies on design science research (DSR). The step-by-step method is a design artefact that builds on the mapping of processes and modelling of the associated costs. Due to the longitudinal nature of capital investments, modelling uses discounted cashflow and present value methods. Empirical grounding characteristic to DSR is achieved by field testing the artefact.
Findings
The step-by-step method is comprised of a preparatory step, three modelling steps and a concluding step. The modelling consists of compounding the interest rate, discounting the investment costs and establishing measures for comparison. These steps were applied to seven business processes to be automated by the case company, Estate Blend. The decision to deploy RPA was found to be trivial, not only based on the initial case data, but also based on multiple sensitivity analyses that showed how resistant RPA investments are to changing circumstances.
Practical implications
By following the provided step-by-step method, executives and managers can quantify the costs and benefits of RPA. The developed method enables any organization to directly compare investment alternatives against each other and against the probable status quo where many tasks in organizations are still carried out manually with little to no automation.
Originality/value
The paper addresses a growing new domain in the field of business process management by capitalizing on DSR and modelling-based approaches to RPA investment appraisal.
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