Top 5 Most Popular RPA Software Vendors You Need To Know About
Robotic process automation (RPA) technology is changing the world. Here are the best RPA vendors all companies need to know about.
Aug. 15, 2019, 2:41 p.m.
Robotic process automation (RPA) will create lots of digital workers in the coming years. A pair of surveys recently published by Forrester Research (“Predictions 2019: Automation” and “Predictions 2019: Artificial Intelligence”) uncovered some eye popping statistics. 3 key findings that stood out were almost 10% of US jobs will be eliminated over the next 12 months because of digital workers, more than 40 percent of companies next year will use some sort of RPA technology, and a full one-tenth of future startups will employ more digital workers than human ones.
A few of the most important benefits of RPA technology include lower wage costs, reduction in manual errors, improved data quality, reduction in workload, and improvement of overall business results.
There is no telling how far RPA will go in automating tasks that could previously only be performed manually, but the technology has a lot of potential in transforming the way businesses operate for years to come.
What they do:
Automation Anywhere is the leader in Robotic Process Automation (RPA), the platform on which more organizations build world-class Intelligent Digital Workforces. Automation Anywhere’s enterprise-grade platform uses software bots that work side by side with people to do much of the repetitive work in many industries. It combines sophisticated RPA, cognitive and embedded analytic technologies. Over 1,600 organizations use this AI-enabled solution to manage and scale business processes faster, with near-zero error rates, while dramatically reducing operational costs. Automation Anywhere provides automation technology to leading financial services, insurance, healthcare, technology, manufacturing, telecom and logistics companies globally.
What they do:
The May 23rd, 2019 Gartner Report “Market Share Analysis: Robotic Process Automation, Worldwide on RPA Market Share –2018” declared UiPath Officially #1. “UiPath saw the most significant revenue growth in 2018 and moved up four places in rank. This vendor achieved the market-share-leading position, thanks to its strong partner ecosystem, active investor backing, a very focused brand-building effort and a loyal customer base. UiPath has grown phenomenally over the past three years, reaching an industry-leading size and significant market awareness as reflected in Gartner inquiry calls.” Previously, during 2018, UiPath was ranked Leader & Star Performer by the Everest Group and received the highest Current Offering score by the Forrester Wave Report.
Three areas of unrivaled customer value led to these accolades and leadership: innovative products; a global enterprise footprint and a customer-focused culture.
Innovation: while Everest & Forrester gave highest marks to our current RPA products, the major VC investment in UiPath by CapitalG (Alphabet/Google) speaks volumes about the transformational RPA technology they see coming.
Global footprint: our customer & revenue growth, by far the industry’s largest, is spread evenly across the Americas, EMEA & APAC - where we also have large product development centers. UiPath currently has 33 offices in 19 countries.
Customer culture: having pioneered free customer success support, we now have over 250 people helping customers around the world - 78% of whom report RPA met/exceeded expectations (Everest Group survey). Now, we're pioneering immersion labs across geographies where customers can reimagine the possibilities of automation.
All good reasons to have us join your RPA journey!
What they do:
In this digital era where start-ups are constantly disrupting markets, only the most agile and innovative enterprises survive and thrive. At Blue Prism, we pioneered Robotic Process Automation (RPA), emerging as the trusted and secure intelligent automation choice for the Fortune 500 and public-sector market. Now we bring you connected-RPA supported by the Digital Exchange (DX) app store—marrying internal entrepreneurship with the power of crowdsourced innovation.
Blue Prism connected-RPA can automate and perform mission critical processes, allowing your people the freedom to focus on more creative, meaningful work. More than 1,000 major enterprise customers leverage Blue Prism's digital workforce, empowering their people to automate billions of transactions while returning hundreds of millions of hours of work back to the business.
What they do:
WorkFusion's Intelligent Automation empowers enterprise operations to digitize. WorkFusion combines robotic process automation (RPA), AI-powered cognitive automation, workflow, intelligent conversational agents, crowdsourcing and analytics into enterprise-grade products purpose-built for operations professionals. These capabilities let enterprise leaders digitize their operation, exponentially increasing productivity and improving service delivery.
What they do:
AppZen is the first artificial intelligence (AI) solution for back office automation. AppZen’s platform uses AI to automate expense report auditing and instantly detect compliance issues and fraud. AppZen’s patented AI combines computer vision, deep learning, and natural language processing to automatically read and understand expense reports, receipts, and travel documents and cross-check them with hundreds of data sources in real time to determine the accuracy and legitimacy of every expense. This enables companies to detect fraud and compliance issues in seconds.