Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Technology

Automation: helping develop applications 97% faster

Automation: helping develop applications 97% faster

Bala Ethirajalu, Director and Head of Delivery (Poland), Brickendon

With time humans have evolved and developed many skills. However, what we cannot escape is the risk of making errors, especially when tired, and we may not always be the best at learning on the job, or even tidying our desks. In fact, for many tasks humans really aren’t the best candidates at all.

Automating some business functions, particularly repetitive tasks, not only alleviates some of the concerns associated with human working nature, but can also increase efficiency, improve effectiveness – especially with tasks like software testing, and can even elevate customer experience.

We can say this with absolute surety as we successfully saved one client £15.3m a year simply by automating and combining their development and testing processes[i].

Whilst we’re far from predicting the wholesale replacement of humans with computers, for certain tasks it is just more convenient to automate processes. As well as significantly cutting costs and improving performance, it also frees up humans to add value in areas of the business where deploying machines doesn’t make sense.

Eliminating testing time with end-to-end automation

At Brickendon, we have seen the benefits of investing in automation first-hand. A full end-to-end regression testing cycle of a medium-sized application traditionally takes six working weeks. We observed that automating this process reduced it to as little as six hours – a 97 per cent reduction. That is basically saving 29 working days, meaning those employees were freed to carry out other tasks and add value to other business areas.

Similarly, traditionally the manual process of resolving software development issues ranges from between six-seven hours. Automating this process can reduce the action to less than 15 minutes – a clear 96 per cent reduction. However, this does not mean that the role of the employees who originally carried out these tasks will become redundant. It will simply change.

Enhancing the process to provide the best customer experience

The future of automation lies in collaboration. Whether it’s in a support or development capacity, automation will always need to be programmed. It will require highly skilled developers and software engineers to ensure that the technology functions as required. While machine learning has come a long way over the past decade, there is still a long way to go before robots can continually learn from their mistakes and correct their actions based on what has happened before.

With the world continually changing, we constantly seek new ways to enhance business’ delivery and operational processes. We do this internally for our digital product development and externally for our clients as they look to improve the service they offer their customers.

Within one of our own businesses we have reduced operational costs by 80 per cent, significantly reduced operational risk and increased business intelligence by implementing our own chatbot. And that’s not all, it has also enabled us to provide the best end-to-end customer experience.

With our extensive and proven expertise in automation, we are committed to delivering a full end-to-end service that makes us at least 10 times faster than our competitors. More information can be found here – case study, DevOps transformation.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post