Robotic Process Automation

Founded in 2018 to reduce the operational inefficiencies of robotic process automation, RPA Supervisor has raised $US20M in a new funding round. RPA has been criticized for falling short on its promises, primarily due to the under-estimated costs of managing and maintaining a robotic workforce.

For a long-time we’ve known that many organisations have struggled to deliver productivity at scale when it comes to operational improvement or automation.

A survey seeking to understand the challenges users face with current RPA solutions has concluded that while RPA is a growing industry, 69% of respondents experience broken bots at least once per week.

Vietnam’s leading robotic process automation (RPA) solution provider akaBot has signed a partnership agreement with Soroco, a global work graph platform leader. Under the partnership, akaBot and Soroco will join hands to optimize product structure and offer an automation solution integrated with Process Mining and Task Mining to businesses worldwide.

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.

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