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Process Automation of Data Scraping Boosts ROI for Automotive Industry
Technology Category
- Analytics & Modeling - Data Mining
- Analytics & Modeling - Robotic Process Automation (RPA)
Applicable Industries
- Automotive
Use Cases
- Leasing Finance Automation
- Material Handling Automation
The Challenge
An automotive company was struggling with the process of data scraping from multiple web sources. The company was using an alternative Robotic Process Automation (RPA) platform to execute this task. The data scraped was then processed using business logic and stored in the company's data lake. However, as the company began to scale its automation, the traditional per-bot licensing model offered by enterprise RPA vendors became too costly. The high costs associated with this model were proving to be a significant barrier to the adoption of new technologies and the further growth of the company.
About The Customer
The customer is an automotive company based in North America. The company is part of the rapidly evolving automotive industry, which is currently undergoing a significant digital transformation. From autonomous vehicle technology to innovative electrification of vehicles, the company is at the forefront of these changes. The company is also part of a new wave of automotive startups that are taking a different approach to manufacturing vehicles. Instead of the traditional, complex process with limited flexibility, these companies are creating platforms that are highly configurable to the end-customer's needs. This shift allows customers to drive the process and customize their vehicles based on their individual usage.
The Solution
Thrive Automation, an IT service provider specializing in RPA solutions, partnered with the automotive company to deliver a more cost-effective solution. They introduced the ElectroNeek RPA platform, which easily replaced the original vendor’s bots. The ElectroNeek platform offered a more affordable alternative to the traditional per-bot licensing model, making it a more viable solution for the company's workflows. The Thrive Automation team was motivated by the potential of ElectroNeek’s platform and decided to expand their Center of Excellence capabilities around it. This strategic move allowed the automotive company to continue scaling its automation without the prohibitive costs associated with the previous RPA platform.
Operational Impact
Quantitative Benefit
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