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U.K. Companies Turning to Intelligent Automation to Solve Business Challenges from Pandemic, Brexit
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
The ISG Provider Lens™ report highlights that U.K. enterprises are increasingly adopting automation technologies, such as intelligent document processing and AIOps, despite a national decline in IT spending. The report indicates that labor shortages and rising costs are driving automation investment. British firms are leveraging conversational AI to manage customer interactions effectively. The report evaluates 93 providers, naming leaders like Accenture and IBM in multiple quadrants. Overall, a trend toward holistic hyper-automation solutions is emerging, as companies recognize the potential of automation to enhance operational efficiency.
Positive
Increased investment in intelligent business automation despite declining U.K. IT spending.
Adoption of conversational AI and intelligent document processing among U.K. enterprises.
Recognition of major automation service providers as leaders in their respective quadrants.
Negative
None.
ISG Provider Lens™ report says adoption of automation for customer interactions, document processing and other processes bucking national trend of lower IT spending
LONDON--(BUSINESS WIRE)--
Many British enterprises have been investing in intelligent business automation even as overall U.K. IT spending declines, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2021 ISG Provider Lens™ Intelligent Automation – Solutions and Services report for the U.K. finds organizations flocked to conversational AI early in the COVID-19 pandemic and many are also contracting for managed AIOps services and adopting intelligent document processing. These trends occurred while a triple shock to the nation’s economy—from the pandemic, rising energy prices and supply chain challenges related to Brexit—reduced IT investment, the report says.
“Labor shortages, supply chain issues and energy costs give companies more reason to use intelligent business automation,” said James Ewing, U.K. director for ISG Automation. “Over the next several years, British enterprises are likely to seek more automation solutions and services to become more efficient and reach customers through new channels.”
Many enterprises in the U.K. deployed conversational AI in the early days of the pandemic so virtual agents, including omnichannel agents for text, messaging and voice, could handle a surge in customer and employee queries as commerce and work were disrupted, ISG says. Software-as-a-service models lowered the cost of entry for this technology, allowing small enterprises to add the new capabilities.
In addition, intelligent document processing is empowering a wide range of U.K. enterprises, including major banks, telecoms companies and outsourcing providers, to automate manual processes and extract valuable information from documents, according to the report. These capabilities will be even more vital as trade processes and regulatory compliance grow more complex in the wake of Brexit.
British organizations are also embracing artificial intelligence for IT operations (AIOps) to ensure the smooth functioning of IT systems, as well as adopting automated process discovery and mining, the report says. The latter is helping enterprises to fully understand their processes and operate more effectively as a result.
These U.K. trends are part of a global wave of automation built into products, services and consumer and employee interactions, ISG says. The pandemic led many organizations to see automation’s full potential to transform ways of working, producing and consuming. In place of episodic, piecemeal initiatives, enterprises are seeking holistic hyper-automation solutions that allow them to completely reimagine their processes, operating models and work modes.
As part of this revolution, low-code development platforms are giving non-technical employees the power to tailor automation solutions, ISG says. Enterprises are using plug-and-play solutions to introduce intelligent automation faster and gain early returns on investment, while cloud-based services are spreading new automation technologies to small and midsize organizations. These initiatives come with challenges, including the need for new skills and effective change management.
The 2021 ISG Provider Lens™ Intelligent Automation – Solutions and Services report for the U.K. evaluates the capabilities of 93 providers across five quadrants: Intelligent Business Automation, Artificial Intelligence for IT Operations (AIOps), Conversational AI, Intelligent Document Processing, and Process Discovery and Mining.
The report names Accenture, Atos, Capgemini, HCL, Hexaware, IBM, Infosys, TCS and Wipro as Leaders in two quadrants each. It names ABBYY, ABBYY Timeline, Amelia, Artificial Solutions, Automation Anywhere, Celonis, Cognizant, Creative Virtual, Genpact, Google, Kofax, Microsoft, Minit, SAP Signavio and UiPath as Leaders in one quadrant each.
In addition, Acuvate, AntWorks, FortressIQ, LTI, QPR Software, Soroco and WNS 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 Hexaware and Soroco.
The 2021 ISG Provider Lens™ Intelligent Automation – Solutions and Services report for the U.K.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., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, 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 700 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 1,300 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.
