CFOtech Asia - Technology news for CFOs & financial decision-makers
Story image
Gartner names Automation Anywhere Leader in RPA
Tue, 23rd Jul 2019
FYI, this story is more than a year old

Robotic Process Automation Software service provider Automation Anywhere has announced that Gartner has named it a Leader in Gartner's 2019 Magic Quadrant for RPA Software.  cent

The 2019 Magic Quadrant for Robotic Process Automation Software is Gartner's first evaluation of vendors in the rapidly-growing robotic process automation (RPA) market.

Gartner estimates that “by 2021, 90% of large and midsize organisations will have at least one process supported by RPA”.

According to equity research firm KeyBanc Capital Markets, RPA has emerged as a $US100 billion market opportunity.

RPA is a fast-evolving technology which leverages software bots working side-by-side with employees to automate repetitive, mundane tasks – allowing people to focus on higher-level business initiatives that only humans are capable of providing.

The RPA industry is growing at an unprecedented rate because of the high levels of efficiency and productivity achieved from intelligent automation.

Automation Anywhere's customers span multiple continents and industries, and now include 90% of the world's top healthcare companies, and more than 85% of the world's top banks and financial services companies.

The company has also deployed its solution to hundreds of mid-enterprise companies, making it the most widely deployed RPA solution.

“To us, being named a Leader in the 2019 Gartner Magic Quadrant is a testament to our unrelenting focus on fuelling customer success, with an advanced platform designed for the unique needs of each end-user – for enterprises, developers and IT leaders, even students and first-time users,” says Automation Anywhere chief marketing officer Gary Conway.

“We have dedicated the last 15 years to creating and developing the RPA category and will continue to execute on our vision.

Automation Anywhere has:

  • Reported ecosystem growth in the first quarter of 2019, with more than 2,800 customer entities and 1,600 enterprise brands using the company product
  • More than doubled its human workforce in the last year
  • Expanded its partner network to more than 700 global partners, a three-fold increase year-over-year
  • Built a global presence in 35 countries worldwide, opening new offices in Brazil, France, Mexico, the Middle East and South Africa in the first quarter 

Automation Anywhere offers the industry's most complete and scalable digital workforce portfolio, featuring: Bot Store, the industry's first and largest marketplace of downloadable bots, human-centric, ready-to-deploy Digital Workers; the RPA mobile app to securely manage bots from anywhere as well as IQ Bot, the first RPA-focused AI product.

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 RPA, cognitive and embedded analytic technologies.

More than 2,800 customer entities and 1,600 enterprise brands use this AI-enabled solution to manage and scale business processes faster while reducing operational costs.

Automation Anywhere provides automation technology to leading financial services, insurance, healthcare, technology, manufacturing, telecom and logistics companies globally.