Nearly
any task or process is impacted by RPA & intelligent automation in one way
or another across industries today. By leveraging intelligent automation, zero
manual intervention of entire processes, routine and workflows - data
collection, analysis, understanding context & finally making decisions- can
be achieved.
Until
recent times, robotics had more applications in the primary sector- automating
& eliminating the human involvement from the production value chain. Now,
tertiary sector esp. the financial services industry (also High Tech/Telecom,
see below image) has majorly started applying use-case driven RPAs &
Intelligent Automation to automate and eliminate low (/no) value-adding
activities performed by humans. There is a complete article on the state of
Machine Learning & AI, 2017 by McKinsey. You can read it here
Apart
from the industries mentioned above, the adoption of RPA & intelligent
automation is still in nascent stages in many other industries. The chief
reason as per my opinion is that there is a lot of variation in the way RPA
& intelligent automation is positioned or marketed. Vendors & Start-ups
do not talk much about the risk, compliance, governance, metering etc. of
intelligent automation. Therefore, the overall eco-system of how/what/by
when/disaster recovery of using RPAs or intelligent automation is not
visualized coherently by the CXOs & the decision-makers, leading to low adoption
rate of these new technologies.
In
my opinion, the four best ways in which start-ups & vendors can build Trust
& Authenticity are:
1.
Analyst Speak:
There
are many independent third party analyst in the IT industry who benchmark the
various products in the field of RPA & Intelligent Automation. These
analysts compare & categorize the various service providers based upon
certain parameters and dimensions, and then, normalize the result to create a
framework where potential clients can compare one provider with another.
On
a side note, if you are a CXO who is exploring the adoption of RPA &
intelligent automation in your enterprise, the best way to proceed is to seek
advice from this community and get your uncertainties answered, possibilities
of risk mitigation & feasible intelligent automation solution finalized for
deployment.
2.
Seminars, Symposium, Events
This
point is for the service-providers. Attend all the major events, get a booth
and prepare yourself to show the best version of your product to the people
walking in. Try to capture their response, reaction and feedback. This, in my
opinion, is one of the best strategies for lead generation for product.
3.
Get your hands dirty: Perform Pilots & Proof of Concepts
Simple
business rule is- New Customer Acquisition is tougher (both monetary &
effort wise) than Existing Customer Retention. Therefore, you can focus upon
adding the flavor of RPA & intelligent automation into their already
existing managed services account.
Then,
to get the initial buy-in from customers, communication & formulation of
problem statement & relevant solution is very necessary. The easiest way to
start is by doing a proof of concept or pilot for a problem statement, which is
simple and can be easily scaled, but at the same time, is a major bottleneck to
customers. In addition, what needs to be mutually agreed upon is the success
criteria for that proposal (pilot or POC).
The
advantage of such proposal is that you will be using the success criteria of
that proposal to make the customers comfortable.
Once
the POC or pilot exercise becomes successful, deploy the RPA or intelligent
automation solution to the complete enterprise.
4.
Get Customer Testimonial
Word
of mouth has always been and shall be the
best way to create Trust & Authenticity in a B2B environment. So, the more
you can get your customers to share a dais with you, release a video etc. the
better stand you have in the market to gain new customers.
Sweating
today to get visibility & becoming an industry leader should be the
approach to educate the market and customers. A positive market wave favoring
your solutions can give you a first mover’s advantage in this field.
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