RPA market surges as investors, vendors capitalize on pandemic-driven tech shift

Whether pure-play RPA will survive as a category remains to be seen, but it will likely be around for a long time under the intelligent process automation umbrella. Continue reading RPA market surges as investors, vendors capitalize on pandemic-driven tech shift

Gartner finds RPA is fastest growing market in enterprise software

If you asked the average person on the street what Robotic Process Automation is, most probably wouldn’t have a clue. Yet new data from Gartner finds the RPA market grew over 63% last year, making it the fastest growing enterprise software category. It is worth noting, however, that the overall market value of $846.2 million […] Continue reading Gartner finds RPA is fastest growing market in enterprise software

Blue Prism acquires UK’s Thoughtonomy for up to $100M to expand its RPA platform with more AI

Robotic process automation — which lets organizations shift repetitive back office tasks to machines to complete — has been a hot area of growth in the world of enterprise IT, and now one of the companies that’s making waves in the area has acquired a smaller startup to continue extending its capabilities. Blue Prism, which […] Continue reading Blue Prism acquires UK’s Thoughtonomy for up to $100M to expand its RPA platform with more AI

Blue Prism to issue $130M in stock to raise new funds

Just this morning robotic process automation (RPA) firm, Blue Prism, announced enhancements to its platform. A little later the company, which went public on the London Stock Exchange in 2016, announced it was raising £100 million (approximately $130 million) by issuing new stock. The announcement comes after reporting significant losses in its most recent fiscal […] Continue reading Blue Prism to issue $130M in stock to raise new funds