Anticipating Future Challenges: Mega-Trends and SQD's Core Areas by Jie Ru TAN (TP) https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5 12 Areas en-us 2021-11-16 02:14:18 UTC 2023-01-11 03:21:59 UTC hello@padlet.com https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1911860187 Quick summary (by Ping): This opinion piece highlights some of the key differences between Gen Z and Millennials in the workforce. According to the author, relationships matter to them a lot.]]> 2021-11-25 04:40:15 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1911860187 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1911862845 Quick summary (by Ping): This article cites a research study saying that Gen Z has a higher risk appetite in terms of investing in cryptocurrencies. And perhaps may be more susceptible to optimism bias in terms of their self-assessed chances of "making it rich" through cryptocurrencies.]]> 2021-11-25 04:42:25 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1911862845 https://www.greatplacetowork.com/resources/blog/why-is-diversity-inclusion-in-the-workplace-important https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1912070377 Diversity and inclusion will lead to growth, innovation, attraction and retention of talents.]]> 2021-11-25 07:36:09 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1912070377 https://greatplacetowork.com.sg/certification/?gclid=CjwKCAiA4veMBhAMEiwAU4XRr-jIWauvNWgB9f4FrvTVujWWjMcGiLp2CcdJcNSbodCchyMaWxmJ3xoCC-MQAvD_BwE https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1912073271 TP - Great Place to Work - Be Certified. For the leaders' consideration.  ]]> 2021-11-25 07:38:00 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1912073271 Lush Addressing Mental Health By Removing All Social Media tan_jie_ru https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1917048999 https://www.bbc.com/news/business-59380458

Lush has removed all social media as they said social media may have a bad impact on mental health by promoting unhealthy thoughts. Hence they are addressing that by removing their social media for now. ]]> 2021-11-29 03:58:47 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1917048999 Digital Multitasking Found To Have A Detrimental Effect tan_jie_ru https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1917052563 https://www.msn.com/en-us/health/wellness/digital-multitasking-can-be-detrimental-to-a-child-e2-80-99s-mental-health-study-warns/ar-AARdQNM?ocid=uxbndlbing

Digital multitasking (e.g. texting while watching TV) compared to video gaming seem to have a more detrimental effect. ]]> 2021-11-29 04:01:35 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1917052563 How to raise a lifelong learner, rather than a child who simply aces exams https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1917643820 A good reflection article for educators too and not only for parents]]> 2021-11-29 11:19:14 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1917643820 Education, Skills and Learning chew_lay_leng1 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1917726053 Technological innovation is fundamentally transforming education, and updating the skills required for modern work. Building future-ready (and pandemic-proof) education systems requires curricula fit for the 21st century, coupled with the consistent delivery of widely-accessible instruction that builds a solid foundation for a lifetime of adapting and developing new abilities. Specialized education should focus in particular on skills that are in demand in the real world, and address the disconnect between employer needs and available talent pools.]]> 2021-11-29 12:17:29 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1917726053 Self-regulated learning (SRL) skills which is important for students to be successful in Open and Distance Learning (ODL) chew_lay_leng1 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1926744317 Students who possess SRL characteristics will be independent learners.  SRL is not a fixed trait, but rather a skill that can be developed and honed through experience and practice applying SRL strategies.  Thus, it is important for educators in ODL environment to encourage SRL among students by using suitable strategies and tools.]]> 2021-12-03 05:56:37 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1926744317 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1933013027 Quick summary (by Ping): This article by the South China Morning Post (SCMP) details the rise of Buy Now, Pay Later (BNPL) trend among Gen-Zs, here in Asia (including Singapore). This may have broad implications on the credit risk and debt profile of Gen-Zs, as a whole.]]> 2021-12-07 08:29:39 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1933013027 Mental Health Illnesses On The Rise During Pandemic tan_jie_ru https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1935276675 https://www.nytimes.com/2021/12/07/science/pandemic-adolescents-depression-anxiety.html

This is based in USA but I think it is relevant to SG as well as there we are also on social media most of the time due to the pandemic gathering restrictions.

]]> 2021-12-08 07:15:38 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1935276675 https://diginomica.com/strength-diversity-better-business-resilience-empower-women-their-careers https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1937885741 Creating a truly diverse, equitable, and inclusive workplace will bring improvements in talent acquisition, productivity, engagement, and retention.]]> 2021-12-09 10:45:04 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1937885741 NUS module - path for further studies? https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1948928802 https://www.nama.com.sg/print_news/2021/12/14/20211214_N_STS_SGP_4_FC_6900052021121401010201004_WmxktX0BZxsX1eP5tKsJ.JPG

]]> 2021-12-15 08:54:32 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/1948928802 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2035610729 Just a quick and short article suggesting that WFH might evolve to become WFA (Work From Anywhere) in time to come; and that this trend could be more prevalent among the Gen Z-ers. ]]> 2022-02-08 14:37:03 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2035610729 Youth Network for University Students tan_jie_ru https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2068931266 https://www.todayonline.com/singapore/youth-network-set-give-voice-concerns-university-students-such-mental-health-employability-1827556]]> 2022-02-28 06:14:25 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2068931266 Just a thought. https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2073191582 It's all about love. If we choose to give or flare up just because the situation isn't ideal, we probably won't experience a breakthrough. Beautiful relationships take time to develop, and they are usually not free of problems. On the contrary, they are strengthened by problems like the effect a fertilizer has on plants. There's greatness in giving (but not in giving up). When the parties involved truly care for one another, they will be more inclined to set aside time to find common grounds and make things work. To take turns to listen to and bless one another. That's how relationships flourish in the long run. That's is also why I believe in building a caring campus for our students with my fellow colleagues, and "TP Cares" will continue to have a special place in my heart.

Signing off with a beautiful quote from Jane 'Nightbirde' Marczewski who recently went home to be with the LORD - "You can't wait until life isn't hard anymore before you decide to be happy." 

Regards,
Andy]]> 2022-03-02 09:08:52 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2073191582 On 24 Feb 2022 (Thur), when we are busy making TESSy reports ready for our teaching staff, Vladimir Putin announced a "special military operation" in eastern Ukraine; minutes later, missiles began to hit locations across Ukraine, including the capital, Kyiv. https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2073225772
Attaching an article for greater common understanding in this post. https://www.nytimes.com/article/russia-ukraine-nato-europe.html]]> 2022-03-02 09:33:44 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2073225772 A whole new world: Education meets the metaverse https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2076908744 Quite a good article to summarise how education can tap on technologies to engage learners. Click on the link to view the full article.
https://www.brookings.edu/research/a-whole-new-world-education-meets-the-metaverse/]]> 2022-03-04 00:39:51 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2076908744 Happy International Women's Day :O) https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2082899994 It's an honor to write something here on 08 Mar 2022. Today, we celebrate and reflect on the extraordinary achievements of the amazing women who impacted/shaped our lives, our homes, our society, our nation, and our world. Online shopping deals aside, IWD is also a public holiday in many countries. Let's not forget how far we've come together. #BreaktheBias https://www.straitstimes.com/singapore/asian-media-including-the-straits-times-help-break-the-bias-on-international-womens-day]]> 2022-03-08 01:35:00 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2082899994 What is Cryptocurrency? https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2085452805 (By Tengyi) Is cryptocurrency the next new investment strategy to include to your investment portfolio or is it a hype? What comes to mind when you think about Crypto or is there more to that. Can you really make money out of it?]]> 2022-03-09 06:17:03 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2085452805 Ecosystem of hyperautomation technologies https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2085755121 https://www.techtarget.com/searchcio/definition/hyperautomation
Some key points:
1. It is challenging to scale RPA.
2. Hyperautomation centers on adding more intelligence and applying a broader systems-based approach to scaling automation efforts. 
2. All leading RPA vendors are adding process mining, digital worker analytics and AI integration etc. to support Hyperautomation.]]> 2022-03-09 10:00:55 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2085755121 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2087411466 2022-03-10 02:58:00 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2087411466 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2087416429 https://www.simplilearn.com/top-disruptive-technologies-article]]> 2022-03-10 03:00:40 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2087416429 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2088272899 2022-03-10 13:05:44 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2088272899 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2097857866 Just something interesting, related to the invasion of Ukraine by Russia. As part of the White House's info ops targeting Gen Z, they have apparently engaged top Gen Z influencers to create TikTok videos to educate Gen z-ers about the facts of the invasion.  ]]> 2022-03-16 11:48:26 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2097857866 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2169606161 2022-05-04 08:50:38 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2169606161 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259574476 While Gen Z-ers self report that they engage in 'lateral reading' i.e. good habits to check for misinformation online such as looking across multiple info sources on a single topic...research on their actual info search practices suggests that they are in actual fact not actively engaging in fact-checking when engaging with online information. ]]> 2022-08-12 03:55:20 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259574476 Singapore Green Plan 2030 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259611543 The Singapore Green Plan 2030 is a national sustainability movement which seeks to rally bold and collective action to tackle climate change. The Green Plan charts ambitious and concrete targets over the next 10 years, strengthening Singapore’s commitments under the UN’s 2030 Sustainable Development Agenda and Paris Agreement, and positioning us to achieve our long-term net zero emissions aspiration as soon as viable. Please refer to above infographics for more detail. 

Source: https://www.greenplan.gov.sg/resources/infographics
]]> 2022-08-12 05:14:27 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259611543 Impact of climate change in Singapore https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259612409 https://www.nccs.gov.sg/singapores-climate-action/impact-of-climate-change-in-singapore/]]> 2022-08-12 05:17:15 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259612409 Singapore Emissions Profile https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259614189 2022-08-12 05:21:28 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259614189 Singapores Climate Action https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259614754 https://www.nccs.gov.sg/singapores-climate-action/mitigation-efforts/]]> 2022-08-12 05:23:04 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259614754 Interesting read. On the contrary, since we know that some jobs will be replaced by AI, robots, and automation, let's look at what are those which will not be! (TY) https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259647942 https://earthweb.com/how-many-jobs-have-been-replaced-by-technology/]]> 2022-08-12 06:45:32 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259647942 Here is a list of top disruptive technologies we are seeing in 2022. Some of which we are advocates of. Are we eliminating ourselves!? (TY) https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259649712 https://www.simplilearn.com/top-disruptive-technologies-article]]> 2022-08-12 06:48:06 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259649712 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259679469 The article mentioned that in order for businesses to support the mental well-being of the staff, they need:
1) develop and maintain active, two-way communication channels with employees - an “open dialogue”
2) adopt a set of wellbeing practices we call “active resilience” which focus on the causes of mental health concerns, as opposed to simply the symptoms

Do we have such support in TP? To help staff manage their anxiety or prevent them from being burnt out?  There is a lot of support for students tough in this matter.  Is the lunch time talk on this issue sufficient?

Just my 2 cents.]]> 2022-08-12 07:54:42 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2259679469 The Future of Work is Through Workforce Ecosystems https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2261035679 https://www2.deloitte.com/us/en/insights/focus/technology-and-the-future-of-work/future-of-work-workforce-ecosystem.html]]> 2022-08-15 08:01:40 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2261035679 The Power of Diversity & Inclusion on Nation Building https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2264161783 https://www.forbes.com/sites/stuartanderson/2022/07/26/most-us-billion-dollar-startups-have-an-immigrant-founder/ 

https://workpermit.com/news/more-half-us-startup-unicorns-founded-immigrants-20220801

Although this article is nicely presented in the American context, we mustn't forget that our little red dot was founded & established by pioneers who were also immigrants to start with. Blessed reading. ]]> 2022-08-18 07:51:07 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2264161783 chan_chun_weng2 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2267163976 2022-08-22 08:00:09 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2267163976 chan_chun_weng2 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2267165338 2022-08-22 08:02:26 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2267165338 New online portal for teachers, non-teaching staff to get emotional support https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2276989343 A part of MOE efforts to support educators further and develop a culture of care where everyone looks out for one another in schools.

Educators can share their emotions and concerns anonymously and safely through a chatbot on the website. Based on their responses, they will then be directed to the appropriate self-management and self-care exercises.

It is a good start to recognize the issue that MOE staff have. 

Are we ready to chat with a bot about our emotions or concerns?  How much better is this bot compared to talking to SIRI or ALEXA?  At the end of the day, it is still a DIY thingy.  This is something that one can't solve by just reading case studies or watching YouTube. Wouldn't it be better to have a real human being to chat with in this case? Someone to follow through or follow-up with the concerns or emotions.  

Counselling is still a distant future for AI - too 'Hollywood' to me :)]]> 2022-08-31 00:50:13 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2276989343 Top 5 Trends in Data Analytics for 2022-2025 kokhwee0405 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2293777623 Learning Points:
1. We need to work towards helping TP Senior Management to make fact-based decisions.
2. Technologies that SQD need to watch closely:
a. Predictive analytics: mines existing data for knowledge that can be used to forecast future events and trends. That is why we're exploring DataRobot now.  We should also watch out for solutions that apply machine learning, natural language processing, etc.
b. Edge computing: which is a distributed IT architecture in which client data is processed at the periphery of the network, as close to the originating source as possible (e.g. near to the sensors and IoT devices)
c. Data Fabric Architecture (e.g. AI-enabled data integration), which utilises continuous analytics over existing, discoverable and inferenced metadata assets to support the design, deployment and utilization of integrated and reusable data across all environments, including hybrid and multi-cloud platforms
3. Technologies that we've already gotten into, and need to continue to exploit more such solutions to improve our productivity:
a. Migration to Cloud: embracing Software-as-a-Service (SaaS), e.g., Blue software for TESSy, Microsoft Office 365)
b. Adoption of Self-Service Data Analytics: our adoption of Tableau, PowerBI and SAS VA. Can explore Alteryx.
c. Subscribing to Data-as-a-Service (DaaS), which provides data collection, storage, and analysis services on a subscription basis, e.g., Labour Insight SGP/USA, which provides us the data and allows us to help ourselves with analysis
d. Text Analytics: since we deal with a lot of open-ended text comments, we need to watch out for better quality text analytics products that can help us make sense out of such textual data.]]> 2022-09-13 07:11:04 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2293777623 Data Sensemaking requires time and attention kokhwee0405 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2293803626 Learning points:
In order for us to be able to do a good job in data sensemaking, we need
1. Time: to explore and analyze data thoughtfully and thoroughly.
2. Attention: i.e. to be able to concentrate for a considerable period of time undisturbed.
3. Conducive environment: where we're not easily distracted by others.

Application: 
If you are working on some data sensemaking tasks and you need to do deep thinking in a more conducive environment, pls let your RO know so s/he can let you work elsewhere on those days (as an exception).  You can choose to work in a place (e.g. your study room, or in TP library, or even at a public library), where you will not be easily distracted.]]> 2022-09-13 07:31:28 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2293803626 Building data-driven culture kokhwee0405 https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2293836261 Learning points:
1. All of us should use data to make decisions.
2. In order to help TP colleagues make good use of data to make good decisions, we need to share data with them readily (make it easy for them to get the data), help them understand the data well, and guide them how to analyse the data.
3. When our customers ask us for a report, besides giving them the analysis report (the fish), we should guide them how to produce the analysis report themselves (teach them how to fish) so they can help themselves in future.
4. Requiring people to fail fast is one of the most important attributes of an innovative culture because, let’s face it, most innovations fail. We need to dare to take risks and be prepared to fail. It's okay to fail.
5. Take everything as a learning experience - It's okay to fail, but we have to learn from it.

]]> 2022-09-13 07:56:09 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2293836261 Diversity Wins: How Inclusion Matters https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2397612188 https://www.mckinsey.com/featured-insights/diversity-and-inclusion/diversity-wins-how-inclusion-matters]]> 2022-11-25 06:41:36 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2397612188 Composite AI https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2440222568 Data and analytics leaders often equate artificial intelligence with machine learning, limiting themselves to use cases where this technique works well. Composite AI goes beyond ML, combining different techniques to improve AI’s versatility and efficiency to solve a wider range of business problems.

Key Findings
  • Organizations that narrow artificial intelligence (AI) down to machine learning (ML) struggle in situations where data is scarce, rendering their existing AI efforts ineffective or unfeasible for many potential use cases.
  • Organizations that rely solely on data-driven AI — resorting to ML as a default and ignoring other approaches like knowledge graphs, optimization and rule inferencing — fail to leverage alternative or complementary knowledge sources such as human expertise, common sense and experience-based heuristics.
  • Combining multiple existing and new techniques in composite AI holds the promise of overcoming the limitations of current single technique AI approaches. This, however, comes at the price of AI’s growing complexity, with ever more capabilities and skills required in both development and operations.

https://www.gartner.com/document/4010110

Case study 1: Healthcare

SAS shares an interesting use case with Amsterdam University Medical Center: Using a combination of computer vision, data visualization, and machine learning processes to determine if chemotherapy is effective for patients!

The medical researchers cite that being able to start with statistical analysis and visualizations and then drill down to the details of patient scans is a key benefit of using composite AI. The diagram below elucidates a processing pipeline deployed for colorectal liver metastases morphometry with CT scans.

https://towardsdatascience.com/the-case-for-composite-systems-11632220ffa8
]]> 2023-01-11 02:36:55 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2440222568 What does the future hold for RPA? https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2440258244 https://kristasoft.com/future-of-rpa/
[Daryl] The article describes the limitations of RPA and why you should switch to Hyperautomation involving AI/ML. I can relate to the four RPA limitations described via the TPAEP RPA project.

RPA bots save time when performing repetitive tasks but they also have severe limitations:

1. Unattended bots require restarts and handholding
2. UI is brittle and breaks bots
3. High development and maintenance costs
4. Bots focus on task automation only   

Benefits of fully automating processes (e.g. Automated weekly reports)

Conventional RPA: A typical example consists of programming a robotic process automation task where the bot logs in to the ERP system and exports the data related to inventory levels as comma-separated values (CSV) files. Once this is done, the bot could add predefined columns to group the information and perform the relevant calculations.

The resulting spreadsheet can be saved to be emailed as an attachment or shared on a file server. The process is not complicated, yet it could take a person 10 minutes to complete from start to finish. Assuming 20 reports like this are needed per week, we would be talking about 200 minutes that RPA could save each week. Not bad.

Intelligent Automation: Let’s look at the same task but from intelligent automation (IA) perspective. The first thing the IA would do is to identify the purpose of the report, i.e., what is the desired business outcome? In this particular example, the goal is for a person to take a business action using the inventory information.

Based on that business outcome, the intelligent automation would calculate inventory levels and use AI to determine if those levels are normal, based on historical and seasonal patterns. Once completed, the IA would present the relevant information to the decision-maker and ask them what to do. The IA would place the corresponding order to maintain the appropriate inventory levels depending on the answer. In other words, the objective of IA is to keep items replenished, not the task of emailing a report. ]]> 2023-01-11 03:21:59 UTC https://padlet.com/tan_jie_ru/sipy4yyokz28yzf5/wish/2440258244