Saturday, December 21, 2024
HomeDataRevOps uses of generative AI are rising.

RevOps uses of generative AI are rising.

Automation of business processes is becoming more and more common, and generative AI is just one aspect of this trend.

By 2023, the use of generative AI in business processes had grown 400%, with RevOps being the largest adopters with 48% of use cases and IT coming in second with 31%. Unexpectedly, customer service trailed behind at 12%.

Over the last two years, the number of extremely difficult automation cases has nearly doubled, and 50% of automation instances involve four or more departments. The results are from Workato, a job automation company, which issued its “2024 Work Automation Index” this week.

Additional important discoveries. The research, which was based on a survey of more than 1,000 medium-sized and corporate Workato clients, discovered that the rise of generative AI as well as economic headwinds and the restrictions they create are both driving automation.

  • Leading the way in process automation are operations roles. In 2023, business operations teams achieved automation of 27.7% of all procedures.
  • There are more programs and steps involved in automated operations, which makes them more complex.
  • IT still creates 56% of automations, but it also serves as a coach for the 44% created by other business teams.
  • 11% of automations still include people, such as when it comes to approvals.

Why it matters to us. This is a perfect storm created by the meeting of two distinct but related tendencies. First, the movement towards the automated enterprise, which is probably going to cause some types of manual occupations to disappear. In his book “The New Automation Mindset,” published in 2023, Workato CEO Vijay Tella discussed this trend.

That pattern exists without the use of generative AI. In other words, if ChatGPT and related programs hadn’t made generative AI available to non-enterprise users, a great deal of manual business procedures would have been automated. Of fact, genAI is significantly speeding up automation since it can actually build (even code) business processes in response to natural language commands.

The fact that RevOps is setting the standard for genAI is intriguing to marketers.

Keep exploring...

The Tech Giants, Microsoft, to Announce the Next Generation of Windows

Microsoft, which is truly a tech giant, is holding a launch event on 24th June 2021. It is expected that they might announce the...

Software Updates for AirTags which were Released in April by Apple

AirTags were released by Apple in April to inform the users about their belongings. The concerns which were raised by the users of being...

Related Articles

The Importance of Clear Data in B2B Reporting

In today's fast-paced B2B environment, data is a vital asset for making informed decisions,...

Data Privacy and Security in the B2B Sector: Key Considerations for Success

Table of ContentsIntroductionUnderstanding the Legal LandscapeImplementing Strong Data EncryptionEmployee Training and AwarenessAccess Control and...

The Future of B2B Data in 2025 and Beyond: Key Trends Shaping the Next Era of Business Insights

As we approach 2025, B2B data is set to undergo a monumental transformation. With...

Unlocking the Power of Data: 10 Techniques to Supercharge Your B2B Lead Generation

In today’s competitive B2B landscape, generating quality leads is more complex than ever. But...

The Challenges of Managing B2B Data: Tips for Overcoming Common Obstacles

Introduction Managing data in a B2B (business-to-business) environment can be complex and challenging, especially as...

The Importance of Data Quality in B2B Lead Generation

In the competitive landscape of B2B marketing, the quality of your data can significantly...

Creating Effective Data Dashboards for B2B Insights: Key Elements for Actionable Insights

Data dashboards are essential tools for B2B organizations, allowing them to visualize key metrics...

Data Quality vs. Quantity: What Matters Most for B2B Success?

1. Understanding Data Quality2. The Risks of Poor Data Quality3. Benefits of High-Quality Data4....