ElectroNeek Case Studies Process Automation Enhances Workforce Efficiency in Data Capture for Blockchain Company

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	Process Automation Enhances Workforce Efficiency in Data Capture for Blockchain Company ElectroNeek

Process Automation Enhances Workforce Efficiency in Data Capture for Blockchain Company

ElectroNeek

Technology Category	Analytics & Modeling - Robotic Process Automation (RPA) Application Infrastructure & Middleware - Blockchain
Use Cases	Leasing Finance Automation Material Handling Automation
Challenge	The blockchain technology market is projected to grow significantly in the coming years, with a compound annual growth rate (CAGR) of 87.7% from 2023 to 2030. This growth is driven by increasing venture capital investments in blockchain technology companies. As more businesses look to adopt Robotic Process Automation (RPA), the opportunity to connect RPA with blockchain and data migration technologies is vast. However, a client in the blockchain industry faced a challenge. They needed to capture web data from multiple websites and organize it for strategic business decisions. The traditional per-bot licensing model offered by enterprise RPA vendors made automation unaffordable for small and medium-sized clients (SMBs). The high costs presented by enterprise vendors made RPA and scaling automation out of reach for the company. Read More
About Customer	The customer is a company operating in the blockchain industry. The blockchain technology market, in which the customer operates, is expected to experience significant growth in the coming years. The customer needed to capture web data from multiple websites and organize it to make strategic business decisions. However, the high costs presented by enterprise vendors made Robotic Process Automation (RPA) and scaling automation unaffordable for the company. The customer sought a solution that would make automation affordable and efficient, enabling them to leverage the gathered data to focus on growing and scaling its operations. Read More
Solution	Thrive Automation, an IT Service Provider offering Robotic Process Automation solutions, partnered with ElectroNeek to develop creative automation solutions for its Blockchain clients. They used a subscription-based licensing model that made automation affordable. ElectroNeek's automation ecosystem offered flexible web data capture capabilities, particularly the bot interactions that could be developed for browser-based applications. Thrive automated the overwhelmingly manual process that previously required more than 150 employees. With ElectroNeek, Thrive Automation digitized the process, reducing the need for human labor by 60%. The employees that used to focus on the web data capture tasks were now free to focus on more value-add tasks for the blockchain company. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Robotic Process Automation (RPA)

Application Infrastructure & Middleware - Blockchain

Use Cases

Leasing Finance Automation

Material Handling Automation

Challenge

The blockchain technology market is projected to grow significantly in the coming years, with a compound annual growth rate (CAGR) of 87.7% from 2023 to 2030. This growth is driven by increasing venture capital investments in blockchain technology companies. As more businesses look to adopt Robotic Process Automation (RPA), the opportunity to connect RPA with blockchain and data migration technologies is vast. However, a client in the blockchain industry faced a challenge. They needed to capture web data from multiple websites and organize it for strategic business decisions. The traditional per-bot licensing model offered by enterprise RPA vendors made automation unaffordable for small and medium-sized clients (SMBs). The high costs presented by enterprise vendors made RPA and scaling automation out of reach for the company.

About Customer

The customer is a company operating in the blockchain industry. The blockchain technology market, in which the customer operates, is expected to experience significant growth in the coming years. The customer needed to capture web data from multiple websites and organize it to make strategic business decisions. However, the high costs presented by enterprise vendors made Robotic Process Automation (RPA) and scaling automation unaffordable for the company. The customer sought a solution that would make automation affordable and efficient, enabling them to leverage the gathered data to focus on growing and scaling its operations.

Solution

Thrive Automation, an IT Service Provider offering Robotic Process Automation solutions, partnered with ElectroNeek to develop creative automation solutions for its Blockchain clients. They used a subscription-based licensing model that made automation affordable. ElectroNeek's automation ecosystem offered flexible web data capture capabilities, particularly the bot interactions that could be developed for browser-based applications. Thrive automated the overwhelmingly manual process that previously required more than 150 employees. With ElectroNeek, Thrive Automation digitized the process, reducing the need for human labor by 60%. The employees that used to focus on the web data capture tasks were now free to focus on more value-add tasks for the blockchain company.

Impact #1	The automation of the data capture process had a significant impact on the blockchain company's operations. The company was able to reduce the need for human labor by 60%, freeing up employees to focus on more value-add tasks. This not only improved the efficiency of the workforce but also allowed the company to better utilize its human resources. The automation solution provided by ElectroNeek and Thrive Automation also made automation affordable for the company, enabling it to leverage the gathered data to focus on growing and scaling its operations. The solution provided a path to success for the company in the rapidly growing blockchain technology market.

Impact #1

The automation of the data capture process had a significant impact on the blockchain company's operations. The company was able to reduce the need for human labor by 60%, freeing up employees to focus on more value-add tasks. This not only improved the efficiency of the workforce but also allowed the company to better utilize its human resources. The automation solution provided by ElectroNeek and Thrive Automation also made automation affordable for the company, enabling it to leverage the gathered data to focus on growing and scaling its operations. The solution provided a path to success for the company in the rapidly growing blockchain technology market.

Benefit #1	Reduced the time spent on data capture tasks by 60%
Benefit #2	Automated a process that previously required more than 150 employees
Benefit #3	Made automation affordable for small and medium-sized clients (SMBs)

Benefit #1

Reduced the time spent on data capture tasks by 60%

Benefit #2

Automated a process that previously required more than 150 employees

Benefit #3

Made automation affordable for small and medium-sized clients (SMBs)

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Overview

Process Automation Enhances Workforce Efficiency in Data Capture for Blockchain Company

Operational Impact

Quantitative Benefit