SL No. |
Robotic Process Automation(RPA) |
Cognitive Automation |
1 |
Rule-based, routine tasks |
Judgement based, Adhoc tasks |
2 |
Structured Data |
Unstructured, Semi-Structured data |
3 |
Eliminating repetitive, Manual and rules-based process |
Pattern Identification, Self Learning algorithms, Complex Recommendations |
4 |
Graphical, COTS tools such as UI Path, Automation Anywhere, Blueprism, Workfusion etc |
Algorithmic(Classification, Regression, Decision Trees etc ) |
5 |
Account Opening, KYC, Order processing, Customer service, Claims Processing etc |
Fraud Detection, Product Recommendations, Next Best Action |