The rise of robots in technology
Technology is such a huge part of our lives, both professionally and personally, it’s all around us.
It’s constantly evolving and pushing the boundaries. Since I made the decision to move to Singapore in 2010 from the UK, the amount of change that I’ve witnessed has been phenomenal. The technology landscape during 2010 and 2011 (which was my first full year in Singapore) was very different in comparison to 2017.
This year I have seen increased emphasis from clients around automation, streamlining process, reducing time to production and effectively doing more with less. Traditional models have been ‘off-shoring’ and BPO (Business Process Outsourcing). The acronym RPA (Robotic Process Automation) is something which is being thrown around quite regularly at the moment and seen as the maverick way to drive business efficiency and process whilst striving to reduce cost.
Clearly humans are not being replaced by physical robots on the floor, well not yet anyway. These ‘robots’ are free to roam within and across systems, validating, cross referencing and processing (given away in part by the P in RPA). The idea being that machines can work much faster than humans, single robots can be shared across different business functions and departments.
RPA is a little more flexible than BPO and may mean than processes can be brought back onshore. That flexibility will really suit environments where change can be quite regular; conversely that flexibility comes in handy when ad hoc change is in view. To top it off, the cost of labour offshore is arguably, if not more costly. Robots have the ability to work anytime you wish and all through the night if required.
There are no huge volumes in terms of vacancies right now with regards to RPA; however, it will be ramping up. RPA is certainly in its infancy stage within the financial services technology recruitment space, but will mature over the next 12-24 months. Individuals adept with leading RPA tools such as Automation Anywhere, Blue Prism, UiPath will be highly sought after. Those from a development/DevOps background who are highly analytical and with strong stakeholder engagement will certainly catch the eye.
Professionals with an RPA background, whom may want to discuss opportunities in the market or simply network, feel free to reach out to me directly and connect via LinkedIn.