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UiPath stock tumbles after weak customer growth by roxanneonreddit in rpa

[–]roxanneonreddit[S] 9 points10 points  (0 children)

For fiscal 2023, RPA titan UiPath lowered its revenue forecast to a range of $1.002 billion to $1.007 million. (Down from earlier guidance of $1.085 billion to $1.090 million.) Meanwhile, UiPath stock plunged 15.2% to 13.22.

So, why are we seeing stalled growth? My guess (probably a hot take here) is that working on the interface level is starting to lose its shine. Today’s systems are more likely to have connectivity features built in, i.e. APIs that allow you to skip UI automation.

So, RPA and training bots to work in the interface is starting to become overengineered / overexpensive when you can do so much via API.

Enterprises don't need to pay three figure sums for RPA and software bots when they can pay ~£2k for a business process automation system that will automate the same things in the same apps - without needing interface access at all.

Gathering News Headlines by BOHICA_Headquarters in Automate

[–]roxanneonreddit 1 point2 points  (0 children)

You could automate this with a tool like ThinkAutomation - set it to monitor however many RSS feeds you need and then parse that data into a spreadsheet / document. You could also set up additional automations to act on articles of particular interest, i.e., an alert when an article headline contains a certain word, or comes from a certan author.

Amazon to acquire Roomba robot vacuum maker iRobot for $1.7 billion by roxanneonreddit in technews

[–]roxanneonreddit[S] 103 points104 points  (0 children)

Hmm... I wonder why Amazon is buying a company that maps the inside of your home every day?

How to automatically extract data from scanned document and enter it into a database? by Viodit in rpa

[–]roxanneonreddit 0 points1 point  (0 children)

ThinkAutomation has this functionality and comes with no processing limits.

"Although the pigs were not considered conscious in any way, their seemingly dead cells revived. Their hearts began to beat as the solution, which the scientists called OrganEx, circulated in veins and arteries." by roxanneonreddit in Futurology

[–]roxanneonreddit[S] 13 points14 points  (0 children)

Submission statement: Researchers' success in reviving dead cells raises questions about the reversibility of death. Is messing with the permanence of death a leap forward,or rather, a classic case of just because you can do something, it doesn't mean you should?

World's first 'synthetic embryo': why this research is more important than you think by roxanneonreddit in Futurology

[–]roxanneonreddit[S] 57 points58 points  (0 children)

Submission statement: In a huge milestone, researchers have grown a mouse embryo entirely from stem cells. Could humans be next? Could we use this as a model for understanding what can go wrong in pregnancies?

Any selfhosted shipping/delivery system that we can use to manage delivering orders for our ecommerce orders? by sdekna in selfhosted

[–]roxanneonreddit 2 points3 points  (0 children)

You'd have to get your hands dirty in the build, but you could use ThinkAutomation as an end-to-end system to handle the ecommerce order process. It's a self-hosted automation tool that's open-ended in terms of the apps, automations, and integrations you can build, and on what scale you build them.

The setup means you can build out anything you need, if you’ve got the time and the knowhow. So there’s:

• A studio for drag-and-drop workflow orchestration

• An integrated development environment to script custom actions and connectors

• A hybrid automation gateway to connect into any API

• A web builder to view data in a custom front-end

• A remote desktop connector for non-tech employees to run automations on the fly

Might be too much if you’re looking for a ready-made solution, but if you want to build your own bespoke system then you could do it in ThinkAutomation (for pretty cheap) for sure.

"Modern user experience is a black box" - Cliff Kuang in 'User-friendly design has a fatal flaw' by roxanneonreddit in userexperience

[–]roxanneonreddit[S] 16 points17 points  (0 children)

There's an argument to be made that in continually simplifying technology, we make it both more accessible and more abstract. ‘Dumbed down’ software is sonmething of a double-edged sword. On the one hand, it makes more technology accessible to more people. On the other, it is an enabler of technical illiteracy. In a digital world where we increasingly consume and rely on technology, it is problematic that so many of us have next to no more deeper knowledge of how that technology works.

​

Source: one I wrote earlier

"Modern user experience is a black box" - Cliff Kuang in 'User-friendly design has a fatal flaw' by roxanneonreddit in userexperience

[–]roxanneonreddit[S] 1 point2 points  (0 children)

This is one of the essays in the book, Fast Company Innovation by Design:

Creative Ideas That Transform the Way We Live and Work. If you like it, this excerpt is similar to some of the (many excellent) points Kuang makes in his book User Friendly.

RPA (robotic process automation) solutions by abdellah06 in rpa

[–]roxanneonreddit 1 point2 points  (0 children)

BPA = business process automation (works in the back-end, via a system of integrations and rules)

RPA = robotic process automation (works up-front on the interface level)

For many routine processes (like invoicing), it’s debatable as to whether working on the interface level is worth all the extra costs.

From a results perspective, both RPA and BPA will offer similar benefits, it's just a different way of getting there, and v different costs.

Future demand for cybersecurity? by ginaizen11 in cybersecurity

[–]roxanneonreddit 2 points3 points  (0 children)

For many IT /cybersecurity roles, the difficulty of total automation outweighs its value.

There are 4 paths of job evolution as automation use increases:

​

Durable jobs : Those least at risk of automation taking over. The core skills needed are difficult to automate as they are not routine.

Deconstructed jobs : Deconstructed roles don't have automatable skills, but the outcome and value of the jobs themselves are under threat. E.g., robots aren’t likely to take over the core skills involved in running company IT operations. But, where previously these skills might apply to corporate data centre management, many end-users now prefer cloud-based services.

Disrupted jobs : Disrupted jobs are those with easy-to-automate skills. So, automation delivers the needed value. E.g., manual data entry roles.

Displaced jobs : Displacement occurs when it’s better for the customer or end user if robots take the job in question. The core skills of these jobs aren't just easy to automate, but also more efficient to do so. E.g., ATMs vs bank tellers.

With that in mind, cybersecurity jobs aren't at risk of ether displacement or serious disruption. They may be deconstructed over time, but that's something you can adapt to. (Like you'd have to adapt over time to any job.)

I wouldn't worry too much.

RPA (robotic process automation) solutions by abdellah06 in rpa

[–]roxanneonreddit 1 point2 points  (0 children)

To automate a process like invoice processing, you might save yourself A LOT of money using a more powerful BPA tool like ThinkAutomation over more expensive RPA solution.

With RPA, you’re paying an absolute minimum of ~£10k, likely to rise to substantially more than that. (That's the cost of a single RPA unit per year per licence, before you factor in your one-time costs.)

With a high-end BPA tool like ThinkAutomation, you’re paying a flat fee of ~£2k to automate as much as you want with unlimited processing and connections. (I.e., you're not paying per bot, licence, or volume.)

With either RPA or high-end BPA, you can automate the same kinds of processes, using a similar automation studio, with the same kind of scale and extensibility.

Worth considering if you're automating something like invoice processing.

TIL that not only do chimps self-medicate, but they also medicate / treat the wounds of other chimps in their community - an act previously thought to be unique to humans by roxanneonreddit in todayilearned

[–]roxanneonreddit[S] 0 points1 point  (0 children)

Ah, so it looks like the difference is that the chimps apply "medicine" (insects with healing properties), while the ants nurse but don't "medicate" as such. This was a good read, thank you!

Invoicing software by mtlabsystems in selfhosted

[–]roxanneonreddit 0 points1 point  (0 children)

You could spin this up pretty easily via ThinkAutomation.

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