Gartner forecast: how much companies will spend on software to hyper-automate the business

The international company Gartner predicts that the global market for hyperautomation technologies will reach $ 532.4 billion this year, and next year the figure will approach $ 600 billion. For comparison, last year the market was $ 481.6 billion.

Hyperautomation has evolved from an option to a business survival, and companies need more and more automation of IT and business processes, as they need to accelerate the digital transformation in response to the pandemic. Digital development is becoming a priority.

Gartner's hyperautomation is an approach that allows you to quickly identify and automate as many processes as possible using technologies such as robotic process automation (RPA), LCAP, artificial intelligence (AI), virtual assistants, and more.
Tools such as RPA, LCAP and AI are considered process-independent software, they can be used in a variety of industries.

According to Gartner, such software will be the most popular among companies and will be a key factor in the development of hyperautomation. By 2024, analysts predict that organizations will be able to reduce operating costs by 30% due to changes associated with hyperautomation.