The sectors that will benefit most from the implementation of Intelligent Automation
It is a key element in the economies of the future. Companies that bet on it will increase their profitability by 38% and it is estimated that its economic impact could mean 14,000 million dollars in GVA (gross value added) in 2035, but which are the sectors that will most notice the benefits? Which ones will be directly impacted and will change the way they work forever?
A report reveals what these sectors are and analyzes how to get the most out of these new technologies which, in reality, are not so new, nor are they a thing of the future. Some 30% of workers already use smart technology for more than half of their time and 72% of Spanish workers believe that AI will have a positive impact on the work environment, ten points above the global average.
Which sectors are really affected?
The study reveals that information and communication, manufacturing and financial services will benefit the most. The sectors that will generate the least economic growth will be education, public services and social services.
Information and communication sector: Intensely dependent on technology, AI capabilities can be merged with existing systems to generate $4.7 trillion in gross value added by 2035.
Manufacturing sector: With innovations has evolved to the point that they are now more efficient, are increasing productivity and efficiency while reducing production costs. Robots in manufacturing are also collaborative and can work hand in hand with operators in repetitive, monotonous or complex tasks, working and learning always controlled and guided by a human.
Financial sector: AI is revolutionizing the way financial institutions operate and driving startups. AI models execute trades with unprecedented speed and accuracy, leveraging real-time market data to unlock deeper insights and determine where to make investments.
Public and social services sector: In fact, the study reveals that even the sectors least likely to benefit from the implementation of Artificial Intelligence will experience significant increases in GVA growth rates. Education will see an increase from 0.9% to 1.6% by 2035, and social services from 1.6% to 2.8%, generating substantial increases in economic output.
How does Intelligent Automation generate value?
Intelligent automation generates value in a variety of ways for organizations. Here are some of the key ways in which this technology brings benefits:
Increased efficiency and productivity: Routine and repetitive tasks are completed more quickly through automation, freeing up time for employees to focus on higher value-added activities.
Improved accuracy and reduced errors: By eliminating human intervention in repetitive tasks, errors are reduced and the quality of results is improved. Automation ensures that tasks are performed consistently and uniformly, which is crucial for quality and compliance with standards and regulations.
Improved decision making: Automated systems can collect and analyze large volumes of data in real time, providing valuable insights and facilitating informed decision making. Artificial intelligence and machine learning make it possible to predict problems before they occur and take preventive measures.
Improved customer experience: Chatbots and automated systems can handle customer inquiries efficiently and at any time of the day. Automation makes it possible to deliver personalized experiences to customers by analyzing their preferences and behaviors.
Innovation and competitive advantage: Freeing employees from routine tasks allows them to devote more time to creativity and innovation. Companies that adopt intelligent automation can operate more efficiently and offer higher quality products and services, enabling them to stand out in the marketplace.
In short, intelligent automation not only reduces costs and increases efficiency, but also improves quality, facilitates decision making, and enables companies to be more agile and innovative. These combined benefits generate significant value for organizations, enabling them to remain competitive and better respond to the needs of the market and their customers.