For Immediate Release
Los Angeles, California – Global management consulting firm, Avasant, and Automation advisory firm, Mindfields, announced their partnership to launch a global Intelligent Automation practice. This pioneering service is focused on helping Global 2000 companies leverage Robotic Process Automation (RPA) tools, Analytics and Cognitive solutions to reduce operating costs and transform business operations.
In the past year, RPA has rapidly gained acceptance as an effective technology to not only automate business processes, but also bring new operating efficiencies and enable new functions that were previously not economical. By various Analyst estimates, RPA and the broader Automation market is expected to grow at 60% CAGR over the next 4 years to reach $5Bn by 2020. With all leading IT and BPO service providers offering RPA based services, and a plethora of Automation tools in the market, organizations are faced with a difficult choice when making decisions. Avasant and Mindfields have teamed up to help companies define their Automation strategy, identify the best options to digitize and automate their processes, and leverage analytics and other technology options to deliver superior business outcomes.
The new Intelligent Automation practice is a collaboration between Avasant and Mindfields. Mindfields has collected over 400 industry specific Use Cases to demonstrate the value of Intelligent Automation, and Mindfields research suggests that up to 50% of lower level repetitive tasks could be automated in the next 3 years.
“Intelligent Automation will radically transform business operations over the next decade,” says Kevin Parikh, Global CEO of Avasant. “Successful businesses of the future will manage their processes as strategic assets and will view them as integral to maintaining a competitive advantage.”
“Mindfields is excited to partner with Avasant to serve the exponentially growing Automation advisory market in the US. We are currently advising the biggest Robotic deployment globally for a leading multinational bank. Intelligent automation is radically changing the thought process of CXOs on Man-Machine teamwork. It is the most advanced and innovative method for optimizing processes which are currently run within their captives or strategic partners,” says Mohit Sharma, Managing Director of Mindfields.
Avasant/Mindfields’ new Intelligent Automation advisory service will focus on creating high impact automation strategies to unlock financial and operational value for clients. Key features of the Avasant/Mindfields Intelligent Automation (IA) practice include:
- Strategy and assessment – Help clients with an enterprise-wide Automation strategy and identify candidate business processes to automate through a holistic approach.
- Solution design and vendor selection – Using industry-honed Intelligent Automation methodology, devise a best of breed solution to meet clients’ key priorities and objectives.
- Implementation support – Leverage extensive experience in program implementation, vendor management and governance to help clients achieve expected ROI in a timely manner.
Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies. Specializing in digital and IT transformation, sourcing advisory, global strategy, and governance services, Avasant is recognized for delivering high-value engagements through industry-focused innovation and flexible client-based solutions.
Founded in 2006, Mindfields is a vendor-agnostic management advisory firm. They are a fusion research and consulting firm, and they provide advisory services to leading global financial and non-financial services organization on Automation and Artificial Intelligence. Mindfields has offices in Australia, the U.S. and India.