#lowcodeautomation

Digital workflows are fairly glamorous. The creation of carefully built living digital entities that embody, encase and envelop every aspect of our human and machine existence in the workplace for any given task is arguably an extremely appealing prospect. The less than good news is that the core constructs that go into making digital workflows a reality are quite low-level and one of them is process mining. But the harsh reality is that process mining throws up are workflow bottlenecks. Not with Appian though...

The hurdles IT leaders will face in 2022 at first glance seem familiar: finding and retaining top talent, bolstering security, and creating friendly and robust remote work environments. But the ongoing pandemic has heightened these challenges. Securing employees’ personal mobile devices and other equipment for remote work has gained significance as the number of these devices skyrocketed as offices emptied. Along with these concerns, new ones have appeared, including an abundance of pandemic-driven burnout and a shortage of the chips that drive IT and industry as a whole. See how tech leaders plan to address their biggest concerns for 2022...

2021 was a busy year for insurers. Beyond supporting customers through an ongoing global health crisis, they’ve also faced increased competition from a growing number of insurtechs and pressure from customers to deliver a seamless, digital-first experience—all in addition to ensuring the overall customer experience is positive. All of these changes in the industry call for insurers to be more agile and open to change and innovation. 2022 is sure to continue to disrupt the status quo. Here are five trends we expect insurance companies around the world to see in 2022...

Process mining is on fire—a sizzling hot market that’s expected to grow from $185.3 million in 2018 to 1.4 trillion by 2023, with Europe accounting for the largest share of the growth according to the analyst firm MarketsandMarkets. But more than that, the trifecta of Process Mining + Workflow + Automation can unlock massive customer value for any company trying to compete and win in the age of hyperautomation.

This is the decade of hyperautomation—a decade when companies are doubling down on mating critical processes to drive sustainable growth. But here’s the problem. An eye-popping 60 to 80% of your organization’s processes may be running on unstructured data such as documents and email according to news reports. Which makes them that much harder to automate manage and audit.

Low-Code. This is a new term for many, and it raises questions. The first is “What is it?” Suffice to say, low-code is a new way to build software applications that is faster and better than traditional coding. A more urgent question is “why do we need it?” What kinds of shifts has the world seen that have caused something like low-code to gain prominence?

“The pandemic taught us that change is real. It taught us that sometimes a business has to change in order to survive. Sometimes the customers demand change. Sometimes not just revenue, but human health depends on being able to change fast enough. And if you can’t change, you are going to let your customers down. You’ll let your employees down”.

This speed of change will only continue to accelerate as new technologies like artificial intelligence, IoT, and telematics become more deeply integrated into the insurance industry. But how can insurers deliver the omni-channel, digital-first experience today’s customers demand? The answer lies in connected insurance.

It’s no secret that there has been massive disruption across global supply chains over the past year. In fact, 94% of Fortune 1000 companies have stated that they are facing supply chain disruptions from COVID-19... To better prepare for future disruption, companies must look toward a more agile and connected supply chain. Organizations that are better prepared to act quickly and pivot to changing environments will have a competitive advantage moving forward.

The data is in: Appian accelerates application development by 17x and provides a 389% return on investment (ROI) with less than six months payback. These findings come from the Forrester Total Economic Impact™ (TEI) study, a commissioned study conducted by Forrester Consulting on behalf of Appian, which examines enterprises’ return on investment after deploying the Appian Low-Code Automation Platform.‍