Automotive: The automotive industry is impacted greatly by the improvements manufacturers can make by using intelligent automation. With IA, manufacturers are able to more effectively predict and adjust production to respond to changes in supply and demand. They can streamline workflows to increase efficiency and reduce the risk of error in production, support, procurement and other areas. With the use of robots, they can reduce the need for manual labor and improve defect discovery, providing a higher quality product to customers at a lower cost to the business. For example, a Volkswagen engine production plant in Germany uses “collaborative robots" that work with the production team to handle a physically demanding step in the engine-assembly process. This helps prevent injuries, speed processes, promote accuracy and ease the physical burden on employees.Life Sciences: Drug production is highly regulated and requires precise calibration of equipment and measurement of product. It also requires a tremendous amount of data collection, collation, processing and analysis. A drug trial cannot be considered successful without trusted analysis and results. A manual approach could lead to calculation errors and take volumes of resources and considerable workforce to accomplish. In contrast, the production of Covid-19 vaccines in record time is an example of how intelligent automation provides automated processes that improve production speed and quality. Before AI and the resulting efficiencies, “…it used to take 40-plus scientists with doctorate degrees 25 years or more to discover a single marketable drug."Healthcare: The healthcare industry is using intelligent automation with natural language processing (NLP) to provide a consistent approach to data collection, analysis, diagnosis and treatment. The use of chatbots in remote healthcare appointments requires less human intervention and often a shorter time to diagnosis.Insurance: With IA, the insurance industry can virtually eliminate the need for manual rate calculations or payments and can simplify paperwork processing such as claims and appraisals. Intelligent automation also helps insurance companies adhere to compliance regulations more easily by ensuring that requirements are met. In this manner, they are also able to calculate the risk of an individual or entity and calculate the appropriate insurance rate., What is intelligent automation? Intelligent automation (IA), sometimes called cognitive automation, is the use of automation technologies—artificial intelligence (AI), business process management (BPM) and robotic process automation (RPA)—to streamline and scale decision-making across organizations., AI-powered automation aims to comprehensively provide a converged business and IT automation system that operates across a broad range of labor types, including business workers, solution architects, software engineers, IT operations, SRE, security, and compliance engineers..