Robotic Process Automation: The Future that Banking Sector should Definitely Look For

In the present scenario, the banking sector is under tremendous pressure. Why? The reason is to enhance productivity and increase efficiency to offer reliable and more secure financial services to their customers.

Now, with the current pandemic due to COVID-19, virtual banking services have taken the central position, and are on the way to become the future of the banking sector. At present, the hot topic in the finance sector is how to manage to work virtually without coming to the office. No need to worry as there is an answer. It is Robotic Process Automation or RPA!

Read more at- https://recentlyheard.com/2021/02/03/robotic-process-automation-the-future-that-banking-sector-should-definitely-look-for/

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7 key Robotic Process Automation (RPA) Trends for 2021

Gartner’s report suggests that the global revenue from RPA technology will reach nearly $2 billion by the end of 2021. Why is this important? Because Robotic Process Automation (RPA) revenue saw an increase of around 25% from last year. The heavy investment towards the growing RPA trends that indicate digital transformation is now a priority for organizations.

It’s 2021, and almost every person in the IT industry knows about Robotic Process Automation services. Whether its’ about automating data entry tasks or filing out customer forms, RPA use cases are found in every industry. Finance, Insurance, Healthcare, Logistics – RPA implementation is increasingly becoming a cornerstone to achieving efficiency in every sector. Deloitte surveys suggest that RPA will achieve “near-universal adoption” in the next 5 years. 

With the growing popularity of automation and its apparent benefits, RPA industry trends are rapidly emerging. Through new use cases or smart RPA bots, companies are finding innovative ways to put RPA tools to work.

This article will highlight the 7 trends that businesses need to watch out for in 2021. RPA trends in 2020 were just the beginning – this year, RPA implementation will take a new turn with advancements in AI, ML, DL, and Cloud Computing. Let’s have a look at them in detail.

Checkout 11 RPA Use Cases in Different Industries you Ought to Know

7 RPA Trends Businesses Should Know in 2021

Many companies may see RPA as a threat to their employees. However, a Deloitte survey suggests that only 17% of employees showed resistance to RPA adoption. Therefore, the RPA latest trends did not face any complications in their implementation. 

Here are the 7 RPA trends that you should watch out for in 2021 – 

1. Intelligent Automation
   • Smart Process Automation is the next game-changer in RPA. Combining rule-based bots with Machine Learning algorithms will be a radical redesign in the digital processes.
   • RPA tools will enable companies to generate insights from repetitive tasks as well. The RPA bots constantly evolve from self-learning AI algorithms. They will not only enter the data in IT systems but also find patterns in that data simultaneously. Therefore, it eliminates the need to install AI and RPA separately. Intelligent Automation will also provide better trial-and-error capabilities to find solutions, combined with the accuracy of effective Robotic Process Automation (RPA).
2. RPA Trends in Finance
   • The era of traditional automation for financial and accounting processes may be nearing its end. Today, the trend is shifting towards providing a better user experience. The critical factor is to remove the bottlenecks in the financial industry.
   • RPA automation will identify the customer journey and create workflows that seamlessly connect them with the bank or the financial institution. There are more higher-order use cases where complete process re-engineering is in focus. Robotic Process Automation now ensures that customers find their way through the business complexities for availing their services.
3. Vendor Differentiation
   • There are more than 150 RPA vendors in the industry. They provide solutions for industry-specific needs. RPA Automation Anywhere, RPA UiPath, and BluePrism RPA are the three industry-leading RPA tools for businesses.
   • However, the current trajectory is towards innovation in building software bots. Whether it’s in terms of design, process approach, or profitability factor – vendors are bringing differentiation to become unique tools for RPA adoption. Strategic transformation involves identifying vendors with whom you can build a long-term relationship. Therefore, differentiation is one of the booming trends in RPA.
4. Eliminating Paperwork
   • One of the most talked-about RPA future trends is the elimination of paperwork. Since the inception of technology, reducing paperwork is a priority. However, the recent trends showcase that this could soon be a reality.
   • RPA trends are growing towards intelligent bots for extracting, filing, and processing data online. The virtual workforce of bots might be on its way to eliminate paper invoices, client forms, and everything that could be lost in the office. The predetermined bots will ensure that paperwork is minimized in the enterprise. It will also ensure higher productivity for mundane paperwork-related activities.
5. RPA Cloud Deployment
   • Whether it’s about RPA trends in healthcare, RPA trends in banking, or RPA trends in insurance, the cloud is the need of the hour. RPA processes massive amounts of data. Cloud deployment ensures enough repositories for RPA storage.
   • RPA cloud deployment enables companies to process data at a whim. It means that they can virtually build an RPA infrastructure and deploy bots. In essence, cloud technology will also become a source for self-driven bots that can perform multiple functions from the same data. Vendors offer cloud bots that can reduce the infrastructure setup cost as well.
6. RPA in ERP
   • With cloud deployment becoming mainstream, Robotic Process Automation (RPA) will have a significant role to play in ERP software. Integrating RPA with the ERP system would provide a centralized platform to manage business processes.
   • Integration of ERP and RPA would lead to better customer experiences. Through a centralized source of data, companies can deploy continuous triggers for one task to another. The entire process will be seamless, and streamlining automation activities would become easier. On top of that, the employees would have access to the processed data without the hassle of searching in different systems.
7. Faster Adoption
   • The latest RPA adoption trend is the biggest one of them – the quick adoption overall in all sectors, domains, and industries. The pandemic has driven companies to look towards RPA as the first step towards digital transformation.
   • This could be called a meta trend – but the biggest one, nonetheless. Work-from-home is encouraging companies to install bots that can take care of internal processes. Not only that, customer-facing bots are now a new reality. In fact, reminder calls for payment due, service notifications, etc., are now taken care of by RPA software bots. 

Read more: Pros and Cons of RPA Technology for Digital Enterprises

Conclusion: RPA Trends are Multiplying 

The latest trends in RPA do not stop at these 7. With innovation becoming the pillar for improving business performance, Robotic Process Automation adoption is sure to skyrocket in the coming years. RPA is not an option anymore – it is becoming a necessity for modern enterprises to achieve their profitability objectives. Therefore, by carefully analyzing which trends businesses can capitalize on, they can better leverage them for automating business processes.

Originally published at https://techreviewer.co.

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Connecting Robotic Process Automation and Test Automation

Connecting RPA and Test Automation

RPA and test automation recite completely similar if you haven’t been working combined with both, so how are they different? A lot of things to explain concerning RPA and test automation signify alike, such as quick deliverance, shorter time and cost consuming, accuracy, QA, reduced human interference, and automation. But, RPA is a step ahead approach that provides more advantageous support to test automation in different ways. Both don’t connect with similar tools to perform automation.

Both look alike because they rely on automation though there are differences.

Robotic Process Automation (RPA) Testing

RPA testing can be grouped into two categories:

1. Testing the Business Process Automation through RPA

2. Testing the instructions passed on to Robots to execute user actions

Testing the Business Process Automation through RPA

It is an automated testing solution used for test design, creation, and execution. It includes:

• Reusable business components
• Business process tests
• End-to-end business process automation by RPA tool that has to be validated

Testing the Instructions Passed on to Robots to Execute User Actions

• Interpretation of the models by Robots
• Scheduling of the Robots to work as intended
• Exception Handling
• Performance Handling
• Web services Handling

Most of the aspects mentioned above need not to be tested regularly but, it needs to be tested when the model has designed/modified or before a Robot has put into use.

Conclusion

The goal of RPA is not to replace test automation. Both have “automation” in general, so both can perform different objectives. There are several test automation tools but, RPA particularly has preferred for its smooth life cycle and easy adaptability. The main disadvantage of test automation tools, all have built for a specific product or application type.

RPA can be implemented to processes and can be customized based on the demand, so they are not limited. The User Acceptance Test (UAT) can be more accurate and productive with the involvement of RPA. So, RPA can consider as a new powerful tool for software testing.

The differences are vital, both processes if performed together, will produce phenomenon business modules and loyalty. Perhaps, it has expected that RPA and test automation both will endure as a powerful technology to enhance the QA of applications.

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Selenium vs RPA | Selenium Automation vs Robotic Process Automation | Intellipaat

In this Selenium vs RPA video, you will understand what is automation, what is selenium and what is RPA, the difference between Selenium and RPA, and which one should you use for better performance. So in this RPA vs Selenium comparison, some important parameters have been taken into consideration to tell you the difference between Selenium, and RPA & also which one is preferred over the other in certain aspects in detail.

Why should you watch this Selenium tutorial?

Selenium is a powerful yet open-source testing platform that is being used extensively by some of the largest corporations in the world. We are offering the top Selenium tutorial to gain knowledge in software testing. Our Selenium course has been created with extensive inputs from the industry experts so that you can learn Selenium and apply it for real-world scenarios.

Who should watch this Selenium tutorial?

If you want to learn Selenium to become a Selenium expert then this Intellipaat Selenium tutorial is for you. The Intellipaat Selenium training video is your first step to learn Selenium. Since this Selenium tutorial video can be taken by anybody, so if you are a Software Developers, Testers, QA Engineers, System Analysts, Administrators, BI, and ETL professionals then you can also watch this Selenium tutorial and enroll for Intellipaat Selenium training to take your skills to the next level.

Why Selenium is important?

Selenium has some distinct advantages over others like an efficient way to generate test scripts, reusing the scripts, validating functionality and automating the test process, and remote testing the software codes. Taking the Intellipaat Selenium training can help professionals to build a solid career in a rising technology domain and get the best jobs in top organizations.

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Automation Testing Tips

Thorough testing is crucial to the success of a software product. If your software doesn’t work properly, chances are strong that most people won’t buy or use it…at least not for long. But testing to find defects or bugs is time-consuming, expensive, often repetitive, and subject to human error. Automated testing, in which Quality Assurance teams use software tools to run detailed, repetitive, and data-intensive tests automatically, helps teams improve software quality and make the most of their always-limited testing resources.

Use these top tips to ensure that your software testing is successful and you get the maximum return on investment (ROI):

1. Decide What Test Cases to Automate
2. Test Early and Test Often
3. Select the Right Automated Testing Tool
4. Divide your Automated Testing Efforts
5. Create Good, Quality Test Data
6. Create Automated Tests that are Resistant to Changes in the UI

Decide What Test Cases to Automate

It is impossible to automate all testing, so it is important to determine what test cases should be automated first.

The benefit of automated testing is linked to how many times a given test can be repeated. Tests that are only performed a few times are better left for manual testing. Good test cases for automation are ones that are run frequently and require large amounts of data to perform the same action.

You can get the most benefit out of your automated testing efforts by automating:

• Repetitive tests that run for multiple builds.
• Tests that tend to cause human error.
• Tests that require multiple data sets.
• Frequently used functionality that introduces high-risk conditions.
• Tests that are impossible to perform manually.
• Tests that run on several different hardware or software platforms and configurations.
• Tests that take a lot of effort and time when manual testing.

Success in test automation requires careful planning and design work. Start out by creating an automation plan. This allows you to identify the initial set of tests to automate and serve as a guide for future tests. First, you should define your goal for automated testing and determine which types of tests to automate. There are a few different types of testing, and each has its place in the testing process. For instance, unit testing is used to test a small part of the intended application. To test a certain piece of the application’s UI, you would use functional or GUI testing.

After determining your goal and which types of tests to automate, you should decide what actions your automated tests will perform. Don’t just create test steps that test various aspects of the application’s behavior at one time. Large, complex automated tests are difficult to edit and debug. It is best to divide your tests into several logical, smaller tests. It makes your test environment more coherent and manageable and allows you to share test code, test data, and processes. You will get more opportunities to update your automated tests just by adding small tests that address new functionality. Test the functionality of your application as you add it, rather than waiting until the whole feature is implemented.

When creating tests, try to keep them small and focused on one objective. For example, separate tests for read-only versus reading/write tests. This allows you to use these individual tests repeatedly without including them in every automated test.

Once you create several simple automated tests, you can group your tests into one, larger automated test. You can organize automated tests by the application’s functional area, major/minor division in the application, common functions, or a base set of test data. If an automated test refers to other tests, you may need to create a test tree, where you can run tests in a specific order.

Test Early and Test Often

To get the most out of your automated testing, testing should be started as early as possible and ran as often as needed. The earlier testers get involved in the life cycle of the project the better, and the more you test, the more bugs you find. Automated unit testing can be implemented on day one and then you can gradually build your automated test suite. Bugs detected early are a lot cheaper to fix than those discovered later in production or deployment.

With the shift left movement, developers and advanced testers are now empowered to build and run tests. Tools allow users to run functional UI tests for web and desktop applications from within their favorite IDEs. With support for Visual Studio and Java IDEs such as IntelliJ and Eclipse, developers never have to leave the comfort of their ecosystem to validate application quality meaning teams can quickly and easily shift left to deliver software faster.

Select the Right Automated Testing Tool

Selecting an automated testing tool is essential for test automation. There are a lot of automated testing tools on the market, and it is important to choose the automated testing tool that best suits your overall requirements.

Consider these key points when selecting an automated testing tool:

• Support for your platforms and technology. Are you testing .Net, C# or WPF applications and on what operating systems? Are you going to test web applications? Do you need support for mobile application testing? Do you work with Android or iOS, or do you work with both operating systems?
• Flexibility for testers of all skill levels. Can your QA department write automated test scripts or is there a need for keyword testing?
• Feature-rich but also easy to create automated tests. Does the automated testing tool support record and playback test creation as well as manual creation of automated tests; does it include features for implementing checkpoints to verify values, databases, or key functionality of your application?
• Create automated tests that are reusable, maintainable, and resistant to changes in the applications UI. Will my automated tests break if my UI changes?

For detailed information about selecting automated testing tools for automated testing, see Selecting Automated Testing Tools.

Divide Your Automated Testing Efforts

Usually, the creation of different tests is based on QA engineers’ skill levels. It is important to identify the level of experience and skills for each of your team members and divide your automated testing efforts accordingly. For instance, writing automated test scripts requires expert knowledge of scripting languages. Thus, in order to perform these tasks, you should have QA engineers that know the script language provided by the automated testing tool.

Some team members may not be versed in writing automated test scripts. These QA engineers may be better at writing test cases. It is better when an automated testing tool has a way to create automated tests that do not require an in-depth knowledge of scripting languages.

You should also collaborate on your automated testing project with other QA engineers in your department. Testing performed by a team is more effective for finding defects and the right automated testing tool allows you to share your projects with several testers.

Create Good, Quality Test Data

Good test data is extremely useful for data-driven testing. The data that should be entered into input fields during an automated test is usually stored in an external file. This data might be read from a database or any other data source like text or XML files, Excel sheets, and database tables. A good automated testing tool actually understands the contents of the data files and iterates over the contents in the automated test. Using external data makes your automated tests reusable and easier to maintain. To add different testing scenarios, the data files can be easily extended with new data without needing to edit the actual automated test.

Typically, you create test data manually and then save it to the desired data storage. However, you will find tools that provide you with the Data Generator that assists you in creating Table variables and Excel files that store test data. This approach lets you generate data of the desired type (integer numbers, strings, boolean values, and so on) and automatically save this data to the specified variable or file. Using this feature, you decrease the time spent on preparing test data for data-driven tests.

Creating test data for your automated tests is boring, but you should invest time and effort into creating data that is well structured. With good test data available, writing automated tests becomes a lot easier. The earlier you create good-quality data, the easier it is to extend existing automated tests along with the application’s development.

Create Automated Tests That Are Resistant to Changes in the UI

Automated tests created with scripts or keyword tests are dependent on the application under test. The user interface of the application may change between builds, especially in the early stages. These changes may affect the test results, or your automated tests may no longer work with future versions of the application. The problem is automated testing tools use a series of properties to identify and locate an object. Sometimes a testing tool relies on location coordinates to find the object. For instance, if the control caption or its location has changed, the automated test will no longer be able to find the object when it runs and will fail. To run the automated test successfully, you may need to replace old names with new ones in the entire project, before running the test against the new version of the application. However, if you provide unique names for your controls, it makes your automated tests resistant to these UI changes and ensures that your automated tests work without having to make changes to the text itself. This also eliminates the automated testing tool from relying on location coordinates to find the control, which is less stable and breaks easily.

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