ElectroNeek Case Studies Process Automation of Data Scraping Boosts ROI for Automotive Industry

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	Process Automation of Data Scraping Boosts ROI for Automotive Industry ElectroNeek

Process Automation of Data Scraping Boosts ROI for Automotive Industry

ElectroNeek

Technology Category	Analytics & Modeling - Data Mining Analytics & Modeling - Robotic Process Automation (RPA)
Applicable Industries	Automotive
Use Cases	Leasing Finance Automation Material Handling Automation
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. Read More
About 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. Read More
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. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Data Mining

Analytics & Modeling - Robotic Process Automation (RPA)

Applicable Industries

Automotive

Use Cases

Leasing Finance Automation

Material Handling Automation

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 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.

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.

Impact #1	The introduction of the ElectroNeek RPA platform had a significant impact on the operations of the automotive company. The automation of data scraping processes increased efficiency and reduced errors, leading to higher accuracy of data. This improved data quality was instrumental in supporting strategic business decisions. The company was also able to continue scaling its automation without the high costs associated with the previous RPA platform. This not only resulted in cost savings but also allowed the company to focus on its core business of manufacturing highly configurable vehicles for its customers.

Impact #1

The introduction of the ElectroNeek RPA platform had a significant impact on the operations of the automotive company. The automation of data scraping processes increased efficiency and reduced errors, leading to higher accuracy of data. This improved data quality was instrumental in supporting strategic business decisions. The company was also able to continue scaling its automation without the high costs associated with the previous RPA platform. This not only resulted in cost savings but also allowed the company to focus on its core business of manufacturing highly configurable vehicles for its customers.

Benefit #1	Achieved a one-year ROI of 570%
Benefit #2	Resulted in a two-month payback
Benefit #3	Significant cost savings due to the replacement of the original vendor’s bots with the more affordable ElectroNeek platform

Benefit #1

Achieved a one-year ROI of 570%

Benefit #2

Resulted in a two-month payback

Benefit #3

Significant cost savings due to the replacement of the original vendor’s bots with the more affordable ElectroNeek platform

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Overview

Process Automation of Data Scraping Boosts ROI for Automotive Industry

Operational Impact

Quantitative Benefit