Cognitive Automation Market

1. Cognitive Automation Market to Witness Astonishing Growth by 2029 The global cognitive automation market is anticipated to grow at a CAGR of 11.2% during the forecast period.The proactive factors that drive the industry growth includethe increasing usage of the digital workforce and automation technologies in various sectors. Automation technology is widely used in industries to improve their businesses and enhance everyday operations by boosting efficiency and lowering costs, which fuels market growth. The true value of cognitive automation is that it allows businesses to automate operations that are more sophisticated and less rule-based.These factors are expected to boost market growth. To Request a Sample of our Report on Cognitive Automation Market https://www.omrglobal.com/request-sample/cognitive-automation-market Hence, the key market players are inventing numerous innovative strategies to provide fast and effective solutions to customers and various industries across the globe. For instance, in May 2020, the Shanghai Fuxin Intelligent Transportation Solutions Corp. subsidiary of China Railway Electrification Bureau Group and Cognitive Pilot developed the AI-based ‘computer vision system’ for trams. The project builds on work that was previously done by Cognitive Pilot in 2019 to automate trams in Moscow. The project has led to the development of an autonomous driving tool that detects trams and other road vehicles, traffic lights, pedestrians, tram and bus stops, pointwork, and other objects or obstacles. Moreover, in March 2019, BMC announced a strategic partnership with Automation Anywhere, to extend the BMC Helix cognitive automation's capabilities to include robotic process automation (RPA) across service desk processes.The BMC Helix offering integrates with Automation Anywhere's intelligent RPA platform, which combines sophisticated RPA, AI, and embedded analytic technologies. Automation Anywhere's RPA technology uses bots that work side-by-side with human workers to automate repetitive and mundane tasks, liberating employees to focus on delivering higher-level business value that only humans are capable of providing. A full Report of Cognitive Automation Market https://www.omrglobal.com/industry-reports/cognitive-automation-market Market Coverage    The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered-  By End User Regions Covered-      North America Europe Asia-Pacific Rest of the World Competitive Landscape –include Automation Anywhere Inc., Blue Prism, EdgeVerve Systems Ltd., and FPT Software and others. Key questions addressed by the report       What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? Who is the leader in the market? How are players addressing challenges to sustain growth? Where is the investment opportunity? Global Cognitive Automation Market Report Segment By Application   Robotic Process Automation Intelligent Automation By End User         BFSI Pharma and Healthcare Retail and Consumer Goods Information Technology and Telecom Communication, Media and Education Manufacturing Logistics, Energy and Utilities Others For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/cognitive-automation-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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