Software Bots: Part of the 4th Industrial Revolution

WORKING Mouse chief executive Eban Escott believes what he calls the “the Fourth Industrial Revolution” is already here and it is bringing a new wave of technological and innovative change.

In fact, Working Mouse is at the head of this process. Its teams have developed so-called software bots – software code that exists to write new code. 

“This progress has allowed us to move from the creation of the production line in the Third Revolution to the current position: automation of the whole process,” Mr Escott said.

“We have seen the reshaping of the Internet of Things (IoT), huge leaps in artificial intelligence (AI) and even autonomous vehicles like drones and driverless cars. Underpinning all of these technologies is the common goal of software development,” he said.

But Mr Escott warned that the focus on this type of development has come at a time when the world is in high demand for software, but remains unable to supply enough software engineers.

“In Australia, supply within the country is so low that we imported 3725 software engineers on a 457 visa from 2013 to 2014,” Mr Escott said. “The solution for the software industry lies in the automated processes of the Fourth Revolution.

“Within the array of technologies being developed in this movement are software bots. These bots can be described as code that writes code. They talk a common business language and can then work independently of humans to generate code.

“For instance, the WorkingMouse software bots are able to write an average of 92.68 percent of the software target. Figures like this indicate the Fourth Revolution providing a huge relief on the software industry for the pressure to supply engineers.”

Mr Escott said he understood why some people believed this would take away jobs.

“I do not however, think this is true because the bots will never achieve 100 percent for complex requirements,” he said.

“Innovation is a key component to successful business models that only humans have enough creativity to fulfil.

“But we can still find value in utilising the software bots to make a far more efficient, affordable and superior innovation process.”

Working Mouse is a 2016 Queensland Leaders Executive Member.

www.workingmouse.com.au

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