INFOGRAPHIC
Study finds automation has positive outcome for business
According to research from the Center for Economics and Business Research and SnapLogic , the impact of automation has had a positive effect on enterprises across the UK and US . It has resulted in revenues up 5 – 7 %, employment up 4 – 7 % and long-term productivity up 15 %.
SnapLogic , a provider of leading intelligent integration platforms , has released research into the economic impact of automation . The study , Automation : Past , Present , and Future – A Driving Force for Economic Growth , looks at the growing adoption of automation and its role in bolstering business revenues , creating jobs , increasing productivity and strengthening economic resilience .
The adoption of automation is accelerating , with companies in the US and UK spending 8 – 13 % of their annual revenues on automationrelated technologies .
The research finds that investments in automation are directly linked to increased business revenues ( up 5 – 7 %), job growth ( up 4 – 7 %) and long-term productivity ( up 15 %).
Spurred on by the pandemic , the adoption of automation is accelerating , with companies in the US and UK spending 8 – 13 % of their annual revenues on automation-related technologies .
The research was conducted by the Center for Economics and Business Research ( CEBR ), in conjunction with SnapLogic .
The research reveals that those businesses which invested in automation saw a marked increase in revenues . In addition , the research indicates that the more a country employs automation , the better equipped it is to deal with worldwide economic
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