A recent report from Camunda found that 82% of organizations fear “digital chaos” due to increasingly complex, interconnected and automated processes. The report highlights that organizations now manage an average of around 50 endpoints to perform tasks that are part of a process in their business. This is an increase of 19% over the last five years and contributes to an increase in business risks.
According to the report, lack of controls has increased compliance risks for 82% of organizations, while 77% report higher risks of core business process failure. Alarming, 82% believe that, if these risks are left unchecked, they could lead to what could be described as “Automation Armageddon.”
Additional results include:
- 85% of organizations face challenges in scaling and operationalizing AI in their business.
- 84% say lack of transparency in applying AI demands in business processes causes regulatory compliance issues.
- 93% believe that AI must be fully integrated into orchestrated processes to maximize ROI and business value.
- 82% of businesses recognize the need for better tools to manage how their processes intersect.
- 79% report that although they have implemented significant automation, they do not have a way to effectively monitor, manage and maintain it.
- 86% say a company cannot have hyperautomation without having process orchestration.
- 81% say that without process orchestration, building a self-sustaining business will be a pipe dream.