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The global Robotic Process Automation (RPA) market initially witnessed a rapid surge in growth, but it has since entered a phase of deceleration in recent years. According to Gartner’s recent Critical Capabilities for RPA report, the growth rate plummeted from 63% in 2020 to 22% in 2022. This decline signals that the RPA market has transitioned from its initial exuberance to the early stages of maturity.
Year 7 was nothing but a perfect storm. In the past 12 months, the world indeed entered the phase of efficiency, as we outlined in the blueprint during our category design for Work Execution System. There was no more free money, growth at all cost but stricter ROI analysis and profitable growth.
In the rapidly evolving landscape of ChatGPT and other Large Language Models, digital workers are becoming the key drivers of digital transformation for enterprises, which will help to enhance work efficiency and realize digitization.Guanchun Wang, Chairman and CEO of Laiye in dialogue with Gavin Allen, Executive Editor in Chief of Huawei, sharing insights on digitalization in the era of Large Language Models.
Q&A with Guanchun Wang, Chairman and CEO of Laiye on Laiye being recognized for the first time in Gartner® Magic Quadrant for Enterprise Conversational AI PlatformsLaiye, a pioneer in the Work Execution System, trusted by 1000+ enterprises globally, was recognized as a Niche Player by Gartner in the 2023 Magic Quadrant for Enterprise Conversational AI Platforms for the first time. On March 13, Gartner announced the Critical Capabilities report for Enterprise ConversationalAI Platforms, in which Laiye excelled in its Channel integration, Voice, and Conversation management.
The increasing trend of using large language models, including GPT-3/ChatGPT, has been widely discussed lately. The influence of this technology extends beyond the realm of Artificial Intelligence and is predicted to revolutionize the software industry as a whole.
The rise of Large Language Models (LLM) is nothing particularly recent, as exciting as it is. What is thrilling the world today is the ascent of OpenAI’s GPT3 and ChatGPT. Approaching human-level intelligence, when it comes to understanding, summarizing and creating text from cooking recipes to philosophy essays, this technology has sparked the entire world’s collective imagination with its potential.
Volatility is the new normal. Over the past few years, the Covid-19 pandemic, the Ukrainian crisis and other geopolitical tensions have unprecedentedly impacted businesses worldwide. Businesses have had to adjust to the massive growth in the digital and e-commerce sectors.The combination of demotivated staff and inefficient processes hinders growth and prevents businesses from being flexible when circumstances call for rapid change. How do businesses handle these rapid shifts? How to get your business future-ready? Get more insights in our new blog
Finding yourself glancing at LinkedIn more frequently these days? You’re not alone. More than 19 million workers in the United States have quit their jobs since April 2021, a record pace disrupting businesses around the world. It’s a similar story in the Asia Pacific region.