• November 15, 2024

Average Business Spent $5 Million on RPA This Year: Report

Businesses, on average, are investing about $5 million in RPA in 2019, with the largest organizations spending $10 million to $20 million annually, according to a report from consultants Proviti and …

Productivity Increases Now, Revenue Gains Later

The most common returns identified by business that have committed to automation are increases in productivity and reduction in human error, according to a briefing paper from The Economist Intelligence Unit. …

Report Says RPA Market Grew 63% in 2018, Competition Among Providers ‘Intense’

Robotic Process Automation (RPA) underwent explosive growth in 2018, surging more than 63 percent globally to $846 million, according to a new report examining market share of the top providers in …

Automation Anywhere Partners with Avaamo for Natural Language Interaction

Los Altos, Calif.-based conversational AI technology provider Avaamo said it has partnered with RPA technology company Automation Anywhere. Under the partnership, Automation Anywhere’s customers will have access to natural language interaction …

Blue Prism Partners with Synechron

RPA Technology provider Blue Prism this week announced a partnership with consulting firm Synechron to drive automation in the financial services and insurance industries. “Given Blue Prism’s status as a leader …

LinkedIn Study: RPA Expertise Needed to Succeed in India

Knowledge of robotic process automation has been named one of the three most important skills in India, according to research by LinkedIn. The social media platform for business commissioned Sydney, Australia-based …

OMB to Leverage RPA to Bring Order to ‘Massive Amounts’ of Data

At a recent conference of government contract and acquisition experts, an official from the U.S. Office of Management and Budget explained how RPA is helping accelerate and improve federal procurement. Lesley …

Blue Prism Acquires Thoughtonomy to Enhance SaaS Offering

Blue Prism this week announced an acquisition that will bolster a strategy to offer its RPA technology using a Software as a Service (SaaS) model, in addition to its traditional integration. …

Insurers Underutilizing RPA: Report

Despite having enormous potential to leverage RPA, the insurance sector—particularly the actuarial function—has lagged behind others in implementing the technology. Around 90 percent of insurers’ actuarial departments have not made “meaningful …

When Expectations Meet Reality: Why RPA Projects Sometimes Fail

Companies dazzled by the sunny predictions of ROI promised by many robotic process automation vendors can underestimate the challenges involved in a successful RPA implementation.