Robotic Process Automation

When discussing intelligent automation with our customers, one key challenge that rises to the top of the conversation is how the data trapped in their documents is the lifeline to many of their processes. They lack the ability to automatically identify the documents, extract the data, and connect it to their employees and processes, and they’re feeling the pain both in back-office operations and on the customer experience.

Kofax has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates (“TA”) from Thoma Bravo, a leading software investment firm. Upon closing of the transaction, Clearlake and TA will become majority shareholders in Kofax. Financial terms of the transaction were not disclosed.

According to a recent global survey conducted by Sapio Research on behalf of ABBYY, 98% of IT decision makers have implemented automation technologies in the last two years, spurred by the pandemic. During this time, there has been a behavioural shift in the way IT decision makers implement automation technology with a new ‘people first’ approach.

Stricter regulations, the increasing cost of labour, and pressures to improve customer satisfaction through increased speed of delivery are causing businesses to rethink how they do business. How can a company respond to all of these pressures while still remaining profitable?

Hyland has launched new releases across its product portfolio to deliver improved automation, user experience and platform scalability.

The US Internal Revenue Service (IRS) has awarded Brillient Corporation a Blanket Purchase Agreement (BPA) for Robotic Process Automation (RPA) with a $US70M cap and term of one base year and four one-year option periods.

A new Report from analysis and consulting firm Infosource Software examines the overlap between the traditional Capture market, as well as a subset of the Robotic Process Automation (RPA) market that includes Capture-type applications. Both offer solutions for the automated ingestion and processing of business inputs.

Blue Prism has announced Blue Prism Decision, a product that allows process developers to easily integrate machine learning (ML) based decisions into their digital workforces without requiring data science expertise.

ElectroNeek, an RPA vendor for Managed Service Providers (MSPs), has signed a partnership with Ricoh Australia to bring affordable robotic process automation (RPA) and optical character recognition (OCR) services to educational centres across Australia.