A software bot is a type of software agent in the service of software project management and software engineering. A software bot has an identity and potentially personified aspects in order to serve their stakeholders.
Software bots often compose software services and provide an alternative user interface, which is sometimes, but not necessarily conversational.
Software bots are typically used to execute tasks, suggest actions, engage in dialogue, and promote social and cultural aspects of a software project.
The term bot is derived from robot. However, robots act in the physical world and software bots act only in digital spaces.
Benefits of RPA technology
• Efficiency: The software robots are highly efficient they can operate 24/7 without taking any break.
• Accuracy: In order to carry out data entry task, the robots can perform it in the same way as the human beings without making any mistakes.
• Cost Reduction: The software robots help to reduce the organizations cost.
• Enhanced audit and monitoring compliance: A detail audit logs are offered by the robots by allowing the advanced business analytics and enhanced compliance.
Mihir Shukla’s favorite quote
“Make things as simple as possible, but no simpler.” - Albert Einstein.
What is RPA technology?
“RPA is a technology that allows you to type on any application, read any application screens, apply set of rules, and with artificial intelligence make decisions.
What it means is that bots can operate any software application in the world because it is able to do what any human being is able to do except making judgment calls. And when you think about it, banks, insurance companies, logistic companies, have thousands and thousands of people sitting in cubicles doing something, and not everybody is making a judgment call.
"That’s why, with RPA, and for the first time ever, you are able to automate this vast amount of work.”
- Mihir Shukla,
CEO of Automation Anywhere.