Iq Bot Brochure

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IQ Bot

Intelligent Self-Learning Digital Workforce

®
The only bot capable of learning from humans

®
A BOT THAT LEARNS FROM HUMAN BEHAVIOR
IQ Bot™ is the only cognitive bot with vision skills that adds structure to unstructured content and
learns by observing people at work increasing your digital footprint.

Knowledge Workers Confined to Robotic Work


STRUCTURED
20% Spreadsheets Databases
Visible CSV Files

SEMI-STRUCTURED
Invoices Contracts
DARK DATA Purchase Orders Mortgage Apps

80%
Hidden
UNSTRUCTURED
Emails Images
Instant Messaging Video
Voice

You are probably well on your way to automating processes that draw from structured data sources. However, 80%
of your company’s data is “Dark Data”: information that is difficult to access, undigitized and unextractable using
traditional RPA-only solutions.
Large variations in document formats and the highly unstructured nature of communications (think emails and
instant messages) have limited automation. As a result, you continue to rely on knowledge workers to extract the
relevant information to feed into otherwise automated processes.

Take the Robot out of the Human


IQ Bot automates business processes that rely on semi-structured or unstructured data hidden in electronic
documents, images, emails, and more. IQ Bot leverages multiple AI techniques to intelligently digitize and extract
data to make your RPA and/or OCR technology even more effective. IQ Bot keeps learning from corrections made
by your knowledge workers, getting smarter and more accurate over time.

Typical Business Process Today


RESULT: 30-40% STP*

VALIDATE/ VALIDATE TRIGGER


OCR FINAL REVIEW
CLASSIFY PROCESS AGAINST BACK APPROVAL
ATTEMPT & APPROVAL
FAILED DOCS OFFICE APP WORKFLOW

Business Process with IQ Bot


RESULT: 60-80% STP*

LEARN

VALIDATE/ TRIGGER
CLASSIFY FINAL REVIEW
PROCESS APPROVAL
& DIGITIZE & APPROVAL
FAILED DOCS WORKFLOW

*Straight Through Processing; End-to-end automation without human involvement.


END-TO-END AUTOMATION WITHOUT HUMAN INVOLVEMENT
Double your STP Results within 3 to 6 Months
Leverage proven artificial intelligence that continuously improves STP over time with supervised learning.
 educe Data Processing Errors
R
Significantly lower your error rates by automating the ERP system data entry.
Accelerate Turnaround Times
Reduce processing time and backlog by automating the extraction and digitization of documents.
Improve Customer Experience
Reduce wait time and speed up response times for customer interactions.

PARALLELS WITH SELF-DRIVING CAR TECHNOLOGY


IQ Bot leverages the latest computer vision and unsupervised learning techniques—just like those used in
self-driving cars—to digitize images and documents. It automatically extracts the data needed for decision making
and continuously learns from knowledge worker feedback. IQ Bot can be easily combined with RPA bots or other
AI solutions such as IBM Watson to achieve unprecedented levels of end-to-end business processes automation.

WHAT DOES AN IQ BOT DO? Cognitive Techniques Used

Automates Classification Classification


Regulates the recognition and classification of content with leading
edge unsupervised learning algorithms.
Intelligently Digitizes
Change
Leverages the latest computer vision technology to more intelligently of terrain!

and accurately digitize documents than traditional OCR technology.


Learns on the Job
Continuously learns from user feedback getting ‘smarter’ over time.
Automates End-to-end Process Unsupervised Learning
Automation Anywhere uniquely mixes and matches traditional RPA
Digitization
with cognitive technology to achieve unprecedented levels of STP.

PROCESSES THAT IQ BOT EXCELS AT


Invoices Contracts
Mortgage Applications Purchase Orders
Insurance Claims And many more

Computer Vision
Learning

Supervised Learning ®
CASESTUDY
Technology Manufacturing
CHALLENGE SOLUTION BENEFITS
This manufacturer was using OCR By leveraging unsupervised After deploying IQ Bot for
technology to automate invoice learning and computer vision enhanced automation, they
process. Large variations in invoice technology, IQ Bot was able doubled their STP to 61% within
formats limited automation with to automatically categorize four months and are expected to
the STP maxing out at 30%. and digitize a broader array of continue improving STP over time.
invoices. Moreover, integration
with Automation Anywhere’s
RPA platform allowed them to
automatically validate the invoice
and populate the data in ERP
application.

Robotic Process
Cognitive Analytics Digital Workforce
Automation

Do Think Analyze

Embark on your journey towards an intelligent


digital workforce with IQ Bot today!
When knowledge workers never need to process data manually, they can do what they do
best—use their knowledge for decision making and handling unique cases or exceptions.

About Automation Anywhere


Automation Anywhere empowers people whose ideas, thought and focus make the companies they work for great. We deliver the world’s most
sophisticated Digital Workforce platform making work more human by automating business processes and liberating people.

Call 1-­888-­484-3535 to schedule a live demo.

Automation Anywhere www.automationanywhere.com


North America: 1-888-484-3535 x1
International: 1-408-834-7676 x1
[email protected]

Copyright © 2018 Automation Anywhere, Inc. All rights reserved. Automation Anywhere, the Automation Anywhere logo, Go Be Great, BotFarm,
Bot Insight, and IQ Bot, among others are either registered trademarks or trademarks of Automation Anywhere, Inc. in the United States and/or
other countries. Other product names used in this publication are for identification purposes only and may be trademarks of their respective owners. ®

July 2018, Ver. 1

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