Office Automation Software involves the technology/software, devices, and networking systems that enable organizations to automate the creation, collection, storage, manipulation, and communication of data and information within the organization in order to accomplish day-to-day tasks more efficiently. This can involve data communication and manipulation through cloud software like an ERP or CRM system, or it could be software that allows for the automation of tasks via technology like Robotic Process Automation and Artificial Intelligence.
Office Automation Software allows organizations to complete tasks faster with fewer to no mistakes by reducing human intervention, thereby reducing human prone errors. The benefits of implementing Office Automation Software are-
- Allows organizations to deliver products/services faster
- Eliminates or reduces human prone errors
- Operations can be run with a lean staff
- Cloud solutions help companies optimize office real estate
- Allows multiple individuals to work on one project simultaneously through real-time data updation.
Organizations today are using Office Automation Software to automate a wide range of tasks that were previously handled manually, like receipts and reimbursement management, file storage, backup and sharing, access management for new employees, visitor management, conference and meeting room scheduling, staffing management for hiring, onboarding and rostering, etc. The advancement in Artificial Intelligence systems, Machine Learning technology, and the move towards the Internet of Things (IoT) is fuelling the increase in the number of Office Automation Software developers along with an equal increase in the adoption of this technology within organizations.
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Segmentation
This market report focuses on the current status, growth opportunity, future forecast, key market, and key players in the Office Automation Software industry. It defines, describes, and provides a future forecast of the Office Automation Software market by product type, product market, and key regions. The report is compiled by profiling and analyzing the development plan and strategy of the following key players:
- BetterCloud
- Yonyou
- Guangdong Yingshi Computer Technology
- Maxe
- Shenzhen Anshida Management Software
- Koronsoft
- Shenzhen Wanguosixun Software
- Guangzhou Jinxin Software
- Guangzhou Xiaocong Software Industry
- Shenzhen Landray Software
Data for the analysis of the Office Automation Software market size was compiled from the following time periods:
- History Year: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
The Office Automation Software market is segmented by type:
- Multi-machine System
- System Integration
- Other
And by application:
- Office Affairs
- Information Management
- Policy Support
- Other
Regional Analysis
The market report aims to provide insights into the Office Automation Software development volume and value in the following regions:
- North America
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South America
The base year for data collection and analysis is 2018. Data extracted and considered for analysis is by region, company type, and application.
Industry News
According to a Wells Fargo & Co. research report, robotics and automation are set to eliminate 200,000 U.S. bank jobs in the next decade or so. The U.S. financial sector is currently spending $150 billion annually on technology. However, this will prove to save costs in the long run as employee salaries, bonuses, and compensations account for half their annual expenditure.
Continuous…
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