STOCK TITAN

Europe’s Automation Efforts Set to Shift Into ‘Hyper’ Drive

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
The 2023 ISG Provider Lens™ Intelligent Automation – Services and Solutions report for Europe by Information Services Group (ISG) highlights the growing demand for hyperautomation and the emergence of generative AI (GenAI) as a major technology disruptor. Despite the promise of GenAI and hyperautomation, many obstacles remain, including regulatory, ethical, and cultural challenges. The report evaluates the capabilities of 37 providers across three quadrants: Intelligent Enterprise Automation, Artificial Intelligence for IT Operations (AIOps), and Next-Gen Automation.
Positive
  • None.
Negative
  • Regulatory and ethical issues, as well as cultural challenges, pose obstacles to the widespread adoption of generative AI and hyperautomation in European industries.

Cultural, ethical and regulatory challenges are moderating the expansion of generative AI throughout European industries, ISG Provider Lens™ report says

LONDON--(BUSINESS WIRE)-- Europe’s intelligent automation landscape is entering a new phase, driven by enterprise demand for hyperautomation and the emergence of generative AI (GenAI) as a major technology disruptor, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2023 ISG Provider Lens™ Intelligent Automation – Services and Solutions report for Europe finds European enterprises are pursuing the ability to drive end-to-end intelligent automation across complex processes and organizational functions. Companies view this so-called hyperautomation as key to advancing their more comprehensive digital transformation efforts and are turning to service providers to both ease and expedite the transition, the ISG report says.

“Intelligent automation service providers bring important strategic consulting and industry expertise to these hyperautomation initiatives,” said James Ewing, director, ISG Automation, in EMEA. “They advise on the correct sequencing and prioritization of automation candidates, implement industry and domain use cases and, importantly, help address the broader organizational culture and workforce disruptions that intelligent automation inevitably creates.”

Although hyperautomation is a growing trend, by far the biggest disruptor is the emergence of GenAI and large language models (LLMs), the ISG report says. GenAI is set to revolutionize nearly every aspect of how intelligent automation is done within organizations, including advanced search and knowledge assembly, prediction and simulation and creative work, such as generating custom emails, research reports and software code, ISG says.

Most leading providers are already investing significantly in GenAI capabilities and developing an extensive set of use cases for GenAI that can be used in intelligent automation initiatives, the ISG report says. Despite the promise of GenAI and hyperautomation, many obstacles remain, including regulatory and ethical issues as well as cultural challenges, which can be especially acute in Europe’s diverse environment, the report says. Automation solutions typically need to be localized and must respect language and cultural differences, ISG says.

“Enterprises in Europe are still grappling with intelligent automation’s human and cultural implications,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “As a result, they are looking to service providers for their change management capabilities as they seek to navigate these organizational and cultural challenges.”

The report also examines how service providers are efficiently orchestrating next-generation automation technologies across hybrid and multicloud environments.

The 2023 ISG Provider Lens™ Intelligent Automation – Services and Solutions report for Europe evaluates the capabilities of 37 providers across three quadrants: Intelligent Enterprise Automation, Artificial Intelligence for IT Operations (AIOps) and Next-Gen Automation.

The report names Accenture, Capgemini and Tietoevry as Leaders in all three quadrants, while Cognizant, HCLTech, TCS and Wipro are named as Leaders in two quadrants each. Eviden (Atos) and Infosys are named as Leaders in one quadrant each.

In addition, EXL and Wipro are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

Customized versions of the report are available from Capgemini and Tietoevry.

The 2023 ISG Provider Lens™ Intelligent Automation – Services and Solutions report for Europe is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Press Contacts:

Will Thoretz, ISG

+1 203 517 3119

will.thoretz@isg-one.com

Philipp Jaensch, ISG

+49 151 730 365 76

philipp.jaensch@isg-one.com

Source: Information Services Group, Inc.

FAQ

What does the ISG Provider Lens™ Intelligent Automation – Services and Solutions report for Europe highlight?

The report highlights the growing demand for hyperautomation and the emergence of generative AI (GenAI) as a major technology disruptor.

What are the obstacles mentioned in the report?

The report mentions regulatory, ethical, and cultural challenges as obstacles to the widespread adoption of generative AI and hyperautomation in European industries.

How many providers are evaluated in the report?

The report evaluates the capabilities of 37 providers across three quadrants: Intelligent Enterprise Automation, Artificial Intelligence for IT Operations (AIOps), and Next-Gen Automation.

Information Services Group, Inc.

NASDAQ:III

III Rankings

III Latest News

III Stock Data

171.75M
35.04M
28.63%
60.93%
0.26%
Information Technology Services
Services-management Consulting Services
Link
United States of America
STAMFORD