It’s no secret that automation is increasingly the engine behind better enterprise performance. In fact, it’s a critical part of a digital core which, in turn, is at the heart of what we call Total Enterprise Reinvention. Total Enterprise Reinvention is a deliberate strategy that aims to set a new performance frontier for High Tech companies to help drive growth and optimize operations.
Automation’s potential is especially promising in High Tech. High Tech companies have many repetitive operations that require extremely low margins of error. They match the profile of companies ripe for enterprise automation—namely, large, older companies built through M&A and consolidation. And their highly educated and skilled workers are more likely to feel comfortable with automation.
Whilst their highly educated and skilled workers are more likely to feel comfortable with automation. the High Tech industry is in a fierce war for talent which increases the incentive to embrace scalable solutions that serve as workforce multipliers, simplify operations, and improve employee experiences. A recent Accenture semiconductor industry research has identified the talent gap as an emerging obstacle to growth and recommends embedded automation as a key lever in alleviating demand for hard-to-reach engineering talent.
High Tech companies are well prepared for automation and are uniquely positioned to adopt advances quickly, for three key reasons:
