Automation COE Market by Department, Organization Size, Vertical, and Region

company logo

Global Automation COE Market

Global Automation COE Market

Global Automation COE Market

Dublin, Nov. 08, 2022 (GLOBE NEWSWIRE) — The “Global Automation COE Market by Service (Implementation Support, Governance, Design, Testing), Organization Size (SME, Large Enterprise), Vertical (BFSI, Manufacturing, Healthcare, Life Sciences) life) and region – Forecast until 2027″ report has been added to from ResearchAndMarkets.com offer.

Global Automation CoE Market is expected to grow from USD 300 Million in 2022 to USD 1.5 Billion by 2027, at a compound annual growth rate (CAGR) of 36.9% during the forecast period .

Technology and consulting services to register for the largest market size over the forecast period

Based on services, the automation COE market is segmented into technology assessment and consulting services, design and test services, governance services, and implementation support services. Automation COE combines multiple technologies to automate complex end-to-end business processes that involve decision making and continuous learning. Companies are taking advantage of this opportunity by automating small rule-based tasks into complex business processes. To meet this dynamic trend, organizations need superior automation capabilities.

Large companies will account for the largest market size during the forecast period

On the basis of organization size, the automation COE market has been segmented into SMBs and large enterprises. SMEs are companies with a workforce of 1 to 1,000 employees, while large companies have a workforce of more than 1,000 employees.

With globalization, organizations have recognized the need to train internal staff, as well as customers, to achieve their business goals. Companies need technologies that can help them improve their profit margins and operational efficiency. Large enterprises are expected to rapidly adopt the automation COE in the coming years due to their complex network of channel partners located around the world.

Asia-Pacific will hold the highest CAGR during the forecast period

Based on regions, the COE automation market is segmented into North America, Asia-Pacific, Europe, and Rest of the World (RoW). The footprint covers the Middle East, Africa and Latin America. North America is expected to dominate the market over the forecast period. The growth of the North American market can be attributed to the presence of leading service providers for COE automation and increasing R&D investment in this region.

Companies in all regions are increasingly opting for integration and automation technologies for various business operations, such as finance, HR, sales, marketing, and customer support. The 2022 Work Automation Index found that 66% of organizations in North America now use COE platforms in five or more departments, and the number of organizations with seven automated departments has nearly tripled since 2019. North and Europe are expected to hold relatively larger market shares as companies in these regions are early adopters of trending technologies.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive summary

4 premium previews
4.1 Opportunities in the Automation COE Market
4.2 Market: by Top 2 Services and Top 3 Verticals
4.3 Market: by region

5 Market Overview and Industry Trends
5.1 Presentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Significant ROI improvements across all businesses
5.2.1.2 Reduction of data entry errors
5.2.1.3 Quality improvement with risk reduction
5.2.2 Constraints
5.2.2.1 High development and deployment costs
5.2.2.2 Dependence on vendors and inadequate capabilities to scale automation over time
5.2.3 Opportunities
5.2.3.1 Reduced churn rate
5.2.3.2 Business continuity using RPA maintenance
5.2.3.3 Increasing Demand for Automation from Different Industries
5.2.4 Challenges
5.2.4.1 Employee hesitation and fear of automation due to concerns about job loss
5.2.4.2 Lack of knowledge between ministries
5.2.4.3 Business process optimization before automation
5.3 Industry trends
5.3.1 Market developments
5.3.2 Patent Analysis
5.3.2.1 Methodology
5.3.2.2 Document type
5.3.2.3 Innovation and patent applications
5.3.2.4 Main candidates
5.4 Pricing and regulatory landscape
5.4.1 Regulatory bodies, government agencies and other organizations
5.5 Technology Analysis
5.5.1 Artificial Intelligence and Machine Learning
5.5.2 Natural language processing
5.5.3 Optical Character Recognition
5.5.4 Cloud Computing
5.5.5 Computer vision
5.6 Analysis of case studies
5.6.1 Case Study: Prosegur Achieves $12 Million in Savings with Strategic Intelligent Automation Program
5.6.2 Case Study: Ohio Hospice Delivers Better Patient and Staff Experience with New Digital Workforce
5.6.3 Case Study: Agco Employees Negotiate Contracts and Let Digital Workers Handle Paperwork
5.6.4 Case study: Agco prepares its business for the future with intelligent automation
5.6.5 Case study: Uniper transforms its business with automation
5.6.6 Case study: Detention agency of the Dutch Ministry of Justice uses automation to improve services for residents of the Netherlands
5.6.7 Case study: Wall-to-Wall Automation 360 saves Newcastle hospitals 7,000 hours per year, improving work-life balance for staff
5.6.8 Case Study: Rapid RPA ROI – Synergy automates billing to realize significant value
5.6.9 Case Study: Lumevity – Finding Quick Automation Wins with FortressIQ
5.6.10 Case Study: Arab National Bank saved over 64,000 hours by successfully implementing robots to automate processes
5.7 Ecosystem
5.8 Supply Chain Analysis
5.9 Seven Pillars of the Robotic Operating Model (ROM)
5.9.1 Presentation
5.10 Key Practices for Achieving the COE of Automation
5.10.1 Presentation
5.11 COE of Automation in Key Business Functions
5.12 Key Conferences and Events in 2022-2023

6 COE Automation Market, By Service
6.1 Presentation
6.1.1 Services: market drivers
6.2 Technology Assessment and Consulting Services
6.2.1 Need to Identify and Assess Automation to Improve Business Operations to Drive Market
6.3 Design and Testing Services
6.3.1 Benefits such as reduced redundancy and improved process quality to drive adoption
6.4 Governance Services
6.4.1 Ability of governance services to promote and support organization-wide automation to fuel demand
6.5 Implementation Support Services
6.5.1 Need to Embed Intelligent Decision-Making Capabilities in Enterprise Solutions to Drive Adoption

7 COE Automation Market, By Organization Size
7.1 Presentation
7.1.1 Organization Size: Market Drivers
7.2 Large companies
7.2.1 Growing Demand for Automation Solutions to Reduce Time Spent on Routine Tasks in Large Enterprises to Drive Market
7.3 Small and medium enterprises
7.3.1 Benefits such as cost effectiveness and increased productivity to drive demand for COE automation among SMEs

8 COE Automation Market, By Vertical
8.1 Presentation
8.1.1 Verticals: Market Drivers
8.2 Banking, Financial Services and Insurance (BFSI)
8.2.1 High Adoption of Intelligent Automation in BFSI Vertical to Drive Growth
8.3 Manufacturing
8.3.1 Need to achieve automated efficiency in areas other than the production line to drive adoption in manufacturing plants
8.4 Retail and consumer goods
8.4.1 Growing Adoption of Retail Automation to Support Inventory, Supply Chain and Invoicing to Drive Growth
8.5 Transport and logistics
8.5.1 Growing Investments by Logistics and Transportation Companies in Intelligent Automation to Propel the Market
8.6 IT AND ITS
8.6.1 Growing use of automation solutions to automate repetitive tasks to promote the market
8.7 Health and Life Sciences
8.7.1 Increasing Volume of Patient Data to Increase Adoption of Automation Solutions in Healthcare Vertical
8.8 Other vertical markets

9 COE Automation Market, by Region

10 Competitive Landscape
10.1 Overview
10.2 Strategies of Key Players
10.3 Market Assessment Framework
10.4 Revenue Analysis
10.4.1 Historical Revenue Analysis
10.5 Ranking of Major Market Players, 2022
10.6 Market Key Vendor Benchmarking, 2022
10.7 Competitive Scenario and Trends
10.7.1 Product Launches
10.7.2 Offers

11 company profiles
11.1 Presentation
11.2 Key Players
11.2.1 SS&C Blue Prism
11.2.2 UiPath
11.2.3 Automation everywhere
11.2.4 NICE
11.2.5 Digital Workforce
11.2.6 Help systems
11.3 Other Players
11.3.1 Ctrl365
11.3.2 QUICK ACCESS
11.3.3 ElectroNeek
11.3.4 AnyRobot
11.3.5 Nintex
11.3.6 Chazey Partners
11.3.7 Smart Bridge
11.3.8 Master plan
11.3.9 Robocloud
11.3.10 Verint
11.3.11 Cigniti
11.3.12 Innominds
11.3.13 Test Experts
11.3.14 KiwiQA
11.3.15 CIGNEX
11.3.16 Roboyo
11.3.17 Calidad Infotech
11.3.18 ChoiceWORX
11.3.19 XenonStack

12 Adjacent and Related Markets

13 Appendix

For more information on this report, visit https://www.researchandmarkets.com/r/3zc2xl

Attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

Aubrey L. Morgan