Increasing number of retail and e-commerce businesses are opting for machine learning-based inventory management. What are the advantages of such an outcome? And how can we be certain that inventory management through machine learning is the industry's future?
Robotic Process Automation (RPA) is an application of technology governed by business logic and structured inputs to automate business processes. Thanks to increased competition, dynamic market requirements, and widespread adoption of digital transformation, enterprises are banking on robotic process automation to help them get ahead. The latest forecast from Gartner Inc predicts that worldwide Robotic Process Automation software revenue will reach nearly $2 billion in 2021, and that the RPA market will grow at double-digit rates through 2024, despite the economic pressures caused by the COVID 19 pandemic.