IOCL Collaborates with Automation Anywhere

Automation Anywhere, a global leader in Robotic Process Automation (RPA), has collaborated with Indian Oil Corporation Limited (IOCL), to speed and scale automation to drive increased innovation across its 30,000 employee organization. During the first phase of a five year plan, IOCL has automated select key processes across departments including finance, HR, inventory, etc. using Automation 360, the world’s first Artificial Intelligence (AI) powered RPA platform.

“We have crowdsourced 50+ ideas through an enterprise-wide ‘RPA Botathon’ event that saw enthusiastic participation from hundreds of IndianOil employees across businesses and functions. Participants trained to build bots on Automation Anywhere’s cutting-edge platform developed multiple bots by the end of this exercise. As a result, we now have a trained pool of resources capable of converting an idea into a bot”, said Alok Khanna, Executive Director, (SIS & IS), who is  leading the digital transformation team of IndianOil.

“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, 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.”

“This is just the beginning. We will continue to strive for innovation and digitalization and strengthen our leadership across the industry”, said S. M. Vaidya, Chairman, IndianOil, who has personally been shaping IndianOil’s Digital ambition. According to Vaidya, “If we do not go digital, we would not stay relevant in the business”.