Indian Oil Corporation Ltd (IOCL) has endorsed a five-year partnership with Automation Anywhere, a global player in robotic process automation (RPA), to hasten and scale Automation to accelerate the innovation across its 30,000-strong employee organization.
During the first stage of a five-year plan, IOCL has automated preferred key processes across departments, including finance, human resources, and inventory, employing Automation 360, an AI-powered RPA platform, Automation Anywhere announced.
IOCL declared its general revelation is to enhance operating coordination, connect diverse systems, and enable employees to work more efficiently. IOCL will also create solutions to help the employees move away from tactical and ordinary repetitive tasks and eventually deliver more compelling products to market.
"Energy companies grapple with legacy systems, multiple data sources and manual, repetitive processes that get in the way of driving speed and impact," said Milan Sheth, executive vice president, IMEA at Automation Anywhere. "With our trusted automation platform, we look forward to collaborating with IOCL to unleash automation capabilities across their entire organization and streamline repeatable tasks."
IOCL is India's most comprehensive refining, and marketing company interlocked in the business of refining, transportation, and marketing petroleum products. Under the extension of its digital transformation program, Project i-DRIVE, the company is fulfilling hundreds of digital solutions across advanced analytics, developing technology platforms, and system tools and solutions.