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RPA Case | Unlocking the Mystery of "RPA Digital Employees" Helping Growth in Real Estate Industry

Autumn is getting stronger and the market is turbulent. The impact of the epidemic and the economic downturn, under the pressure of layers, cast a shadow over the growth of many enterprises.

With the increasing regulation policies such as "two centralized land supply", "three red lines" for housing enterprises and "two red lines" for banks, the real estate industry has entered a cold winter. Under the market depression, the net profit margin has continued to decline from 15% in 2011 to 9.6% in 2020.

In order to cope with the industry winter, improve efficiency and reduce costs, many real estate enterprises actively explore the road of digital innovation, resist risks and accelerate transformation.

As a key application field of artificial intelligence, RPA is building a digital employee team for the real estate industry, boosting digital transformation with intelligent productivity, crossing the cycle and continuing to grow.

Cloud expands the automation platform, and becomes a sharp weapon for reducing burden and increasing efficiency in the real estate industry.

Hyperautomation was put forward by Gartner, a world-renowned analysis organization, and was rated as a major global strategic technology trend by Gartner for three consecutive years.

According to Gartner’s definition, "Super-automation means that enterprises use AI artificial intelligence, RPA robot process automation, API integration technology, ML machine learning, event-driven software, and other decision-making processes and automation tool sets to help automate a wider range of business processes."

Super-automation platform, like a digital tool tailored for enterprises, can realize cross-department, cross-business and cross-system data connection, and is automatic, efficient, safe and compliant, so it is a worthy accelerator to reduce burden and increase efficiency.

As the leader of innovation in RPA, Cloud Expansion is committed to building a leading super-automation platform, working with customers and partners to refine the key to building intelligent productivity in the digital practice of thousands of industries.

With the leading innovation strength in the industry, the cloud expansion automatic platform builds scenario solutions, and automatically executes the preset processes in the editor with software robots for real estate business, replacing the tedious manual execution process, helping the real estate industry to reduce the burden, increase efficiency and reshape its growth.

Unlock the secrets of automatic upgrading of real estate enterprises

Based on the research and insight of cloud expansion’s deep-rooted automation operation for many years, nine successful cases of well-known enterprises running through the upstream and downstream industrial chain of real estate are selected, and the Collection of Successful Cases of Cloud Expansion Technology-Special Topics of Real Estate Industry is presented.

This successful case set deeply analyzes typical scene process automation operation methods such as automatic acquisition of operation plan node data, automatic export and upload of cash flow statement, automatic generation of sales report, etc., which brings successful experience of standardization and replication to practitioners, and promotes the real estate industry to accelerate the pace of digital transformation.

Liu Chungang, founder and CEO of Cloud Technology Expansion, said: "Reducing burden and increasing efficiency is the survival topic of many industries under the economic downturn. Cloud expansion is rooted in product innovation, provides super-automatic solutions for typical business scenarios in the industry, and empowers thousands of businesses to accelerate the digital transformation of the industry. The real estate industry automation case set is launched, hoping to show many enterprises the mature experience of the pioneers of digital innovation, help accelerate digitalization with the best path, and realize burden reduction and efficiency increase. "

What you want, there is no future! Cloud expansion focuses on intelligent RPA products and scenario solutions, helping enterprises to release their growth potential and continuously create value for customers, hoping to bring forward-looking vision to more digital enterprises and benefit the development of the industry.

What is Robotics Economics? Commitment and challenge

Robonomics is an economic system that uses robots, artificial intelligence (AI) and automation technology (RAIA) to produce goods and services instead of human employees. Many companies like RAIA technology because they can work around the clock, which is much more than the usual 40-hour working week for human employees. Moreover, it is possible to implement various tasks and expand its scope through appropriate software and hardware upgrades.

In addition, robots can repeat the same routine, boring and/or dangerous work repeatedly, correctly and timely, without complaints, strikes or negative emotions.

Hiring robots instead of human employees can bring great benefits to the company:

● Robots can work around the clock.

● Robots can perform various tasks and expand their scope by upgrading software and hardware.

● Robots can provide continuous or continuously improved work quality.

● Robots can finish their work correctly and in time.

● Robots can perform routine work repeatedly.

● Robots don’t complain, get sick, go on strike, spread rumors, discriminate, resign without notice, show negative emotions and shirk their jobs.

The most obvious advantage is that people’s quality of life will be improved in the long run because they are liberated from hard, manual, repetitive jobs without intellectual challenges. People will enjoy a sharp increase in leisure time, which will enable them to pursue more creative, healthy, happy and self-fulfilling activities, and will have more time to travel. We can expect that no work-related stress, coupled with medical progress, will lead to improved health and longer life expectancy.

The emergence of robotics economics will also have a great impact on economic theory and practice, such as:

● High output-most products (goods and services) are produced/provided by robot/artificial intelligence/self-service/automation technology. Human labor is mainly used to supervise the production process, but not much involved in producing goods or providing services.

● Less but more knowledge-intensive jobs-most people don’t work, while those who do are mainly creative jobs assisted by high-paying knowledge-intensive RAIA.

● The disconnect between employment and income-this is one of the most basic characteristics of robonomics. Because the number of people employed in economic activities is very small, employment is not the main source of family income. Provide universal basic income to citizens of the government.

● Actively use all kinds of single-purpose and multi-purpose industrial, service and social robots-robots are not limited to manufacturing, storage or transportation, but provide services and serve as human partners, including sexual partners.

● Cost-effective production-new technology allows economically efficient production of single/few units (s) of (most) commodities on demand.

● Small and scattered factories close to consumers-this is the direct result of the high cost efficiency of automated production process, which enables small producers to enjoy economies of scale, get closer to consumers, and save product delivery time and cost.

● High standardization of services-Due to the use of RAIA, there are strict algorithms for the provision of services.

The Challenge of Robotics Economics

The benefits of robotics economics seem to be profitable, and in the long run, society will enjoy these benefits. However, in the short and medium term, it may have to pay a high social price. Due to the improvement of technical productivity, the loss of many jobs caused by RAIA may not be compensated by the newly created jobs. At the same time, the unemployed may not be able to re-qualify easily to meet the qualification requirements of the robot economy. Therefore, in the short and medium term, society will face major challenges, including:

● Unemployment and relative overpopulation-fewer human employees and lower wages.

● Possible functional illiteracy-once a robot does something, humans may forget how to do it.

● Social division between the employed and the unemployed

● Changes in social values-is human life valuable? When we have robots, do we need others to meet our needs?

● People find that they have too much free time, have nothing to do and don’t need to work.

● Social unrest and political instability-as robots take the place of human employees.

● Immigration.

● War

solution

Universal Income (UBI) is widely discussed as a solution to technical unemployment. According to UBI plan, every citizen of every country will receive a fixed sum of money every month, regardless of his/her employment status. All other social payments were stopped and replaced by UBI. The main advantage of UBI is that it will provide income for all people in the society and serve as a social safety net-even if people fail in entrepreneurial activities, UBI will provide resources for their families to survive.

Robot-based taxation is considered as one of the ways to fund UBI. According to the robot tax plan, every company that installs robots must pay taxes, and the proceeds are used to support UBI of eliminated human employees. Third, continuous and non-mobile lifelong education is another proposed solution to technical unemployment. People will need to accept the fact that education will not end with college graduation, but a lifelong continuous process. In order to maintain employability in the labor market, they will need to attend regular (online) courses in their professional fields every 5-7 years to enroll in master’s courses, sometimes completely unrelated to their previous education.

In a word, the progress of robot technology, artificial intelligence and automation allows us to predict that robot economics is an inevitable economic system. That’s why economists, politicians, companies, financial institutions, education and welfare systems and all citizens need to prepare for its arrival. Although the carbon economy will not happen overnight, it will first appear in developed countries and gradually spread to other parts of the world.