According to research by MarketsandMarkets Enterprise Software Testing and Global Enterprise Test Automation Services, the market size of the global test automation market is expected to grow from $20.7 billion in 2021 to $49.9 billion by 2026 with a Compound Annual Growth Rate (CAGR) of 19.2%.
Gartner’s latest report estimated that the global market for this technology would reach $596.6bn in 2022. An essential tool to help balance investment and test processing efforts is Robotic Process Automation (RPA).
RPA tools can make testing 80% more efficient and productive and decrease time to market (TTM). There is a strong push by large enterprises in all domains to move from manual testing to intelligent RPA testing processes, as it helps in test automation and gives them a competitive advantage in reaping benefits faster.
After all, the current COVID-19 pandemic has given us a key lesson, as Microsoft CEO Satya Nadella told hundreds of developers at Microsoft Build 2020, “We have seen two years’ worth of digital transformation in two months!”. Automation supported by intelligent automation platforms has already played a role and will continue to do so. Put simply, RPA was not supposed to be on the roadmap before COVID19, but in fact, it has now entered as the number one priority!
Hyper Automation is already a de facto standard and will be adopted in the coming years in most sectors, such as education, healthcare, insurance, finance, and the automotive industry. The speed at which this standard is introduced will depend on the industry’s investment and understanding of a process that can only improve and increase productivity.
What is Hyper Automation in detail (in simple terms), and how can companies use it to minimize the effort required to introduce it? Let’s look at some use cases.
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