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Automation Adoption: Where Should Your Organization Stand?

Nov 13, 2023 - forbes.com
The article discusses the adoption of automation in businesses of varying sizes and across different industry verticals. It notes that while larger enterprises have been quicker to adopt automation, smaller businesses and mid-market companies have been more cautious, often due to concerns about the return on investment. The article also highlights that the industry vertical plays a significant role in automation adoption, with sectors such as retail, e-commerce, and logistics needing to embrace automation to future-proof their businesses.

The piece concludes by suggesting that the future of automation adoption will be determined by the availability of simple, user-friendly options. It suggests that as AI-powered tools become more accessible and affordable, their adoption across all business sizes and sectors will increase. The article also emphasizes that neglecting automation could prove costly in an increasingly competitive market.

Key takeaways:

  • Automation adoption varies based on the size of the organization, with smaller businesses often approaching automation with more caution due to concerns about the return on investment.
  • Industry verticals significantly influence automation adoption, with sectors like retail, e-commerce, and logistics needing to embrace automation to futureproof their businesses.
  • Hyperautomation, the idea that everything that can be automated should be, is more suited for larger enterprises and higher-end mid-market businesses due to the substantial financial commitment required.
  • The future of automation adoption will be determined by the accessibility of new AI tools, with cheaper and more widely available access likely to increase adoption across all business sizes.
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