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Notably, Automation Anywhere recently finalized a Series B investment round, backed by Salesforce Ventures, which places the company at a $6.8 valuation. The company, founded in 2003 is headquartered in San Jose, CA and boasts over 2,500 employees.
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The Basics In 2019,Īutomation Anywhere was named a leader in Gartner’s Magic Quadrant in Robotics Process Automation.
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In this comprehensive breakdown, we are taking a look at two of the most compared RPA software providers in the ecosystem - Automation Anywhere vs UiPath. Among these leaders are Blue Prism, Automation Anywhere, UiPath, EdgeVerve, Pegasystems (also known as Pega), and AntWorks all of whom are widely regarded as the most prominent figures within the RPA industry. As a byproduct of the tremendous growth, the category has become the catalyst to several key players in RPA. The same report also indicated that the RPA industry is set to expand by over 33% per year, year over year for the next seven years. In another report, published by Grand View Research, it was stated that the global size of the RPA had surpassed one billion USD. While RPA use cases span across a multitude of industries, some of those where RPA is becoming most commonly adopted include: Business Process Outsourcing, Finance, Insurance, Health Care, Telecom, Manufacturing, Retail and more. With significant consolidation expected to occur amongst the key RPA vendors, the category itself is the most rapidly growing portion of the world’s entire enterprise software market. The RPA industry is changing just as fast as it is growing. InĪccenture’s 3rd Annual Global RPA Survey Report, they collected feedback from over four hundred executives across industries and found that among their top priorities from a strategic perspective that nearly twenty five percent were focused on increasing their efforts in automation and that over thirty five perfect were seeking to achieve continuous improvement. Magic Quadrant for Robotic Process Automation Software, it is estimated that by the year 2021 over ninety percent of both large and mid-sized gornaications will have at least one process that is supported by RPA. The United States government has also adopted the RPA solution in rolling out over 500 individual bots, all created to help process and conduct COVID-19-related analysis of data. The Cleveland Clinic was one of the first to leverage UiPath within the sector levergine one of UiPath’s key features in executing a number of routine patient-related intake functions. Most notably, UiPath recently made the announcement that they would be offering its enterprise-level RPA solution to health care entities to free up more time for frontline workers to do the work that matters the most.
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RPA has become so ubiquitous that it has recently made its way into the fight against COVID-19. In touching on the topic of architecture, Automation Anywhere provides client-server based architecture whereas UiPath provides a cloud-based architecture.