Investcorp outlines potential for digital process automation technology to significantly enhance productivity – Saudi Gazette

Investcorp outlines potential for digital process automation technology to significantly enhance productivity – Saudi Gazette

BHARAIN “” Investcorp, a leading global provider and manager of alternative investment products, today outlined the key economic benefits and growth opportunities that could be brought about by a third wave of productivity improvements driven by digital automation in a newly released white paper, "Digital Process Automation: Driver of future economic growth“.

In its latest Insights series, Investcorp explores the value creation opportunities that the growing digital automation industries present, looking to machine-learning, AI, data lakes and business applications. Digital automation addresses a critical need for most companies allowing them to increase output and optimise costs, leading to both new revenue opportunities and higher profitability.Although the sector has shown itself to be crucial to growth and cost optimization, we have witnessed disparities in adoption levels across industries and geographies. With digital potential realisation at only 12% in Europe, there is still significant white space, providing strong headroom for further penetration and scalability of these technologies.Daniel Lopez-Cruz, managing director and head of Investcorp's European Private Equity business, said, "Despite significant digital transformation in recent years, we are still at a relatively early stage of adoption of a whole range of technological advancements that have the potential to impact all sectors across the