Automation Readiness Quotient
Meaning ● Automation Readiness Quotient (ARQ) for SMBs: Assessing preparedness to strategically adopt and benefit from automation for business growth.
Meaning ● Adaptive Automation Capability within the SMB context describes a system’s aptitude to dynamically adjust its level of automation based on real-time assessment of factors like workload, user skill, and system reliability; a pivotal feature for scaling operations. This capability enables SMBs to optimize resource allocation by allowing technology to augment human tasks when appropriate and conversely, stepping back to allow human intervention when complexity or exceptions arise. The adaptability enables increased efficiency, improved decision-making, and lowered operational expenses, crucial for competing with larger enterprises.