SS&C Blue Prism: A leader in the world of RPA
One of the world’s most renowned companies in the field of Robotic Process Automation (RPA), SS&C Blue Prism has been recognised as a Leader for the fifth consecutive year in the 2023 Magic Quadrant for RPA.
SS&C Blue Prism provides leading enterprise intelligent automation technology worldwide. Founded in 2001, Blue Prism’s platform empowers customers to reimagine how work gets done with a secure and scalable intelligent digital workforce.
The company has been named among Technology Magazine’s Top 10 RPA companies, and earlier this year its former CTO Tony McCandless spoke with us about the role of machine vision in automation.
Below, Technology Magazine looks into the company’s offerings, why it is a leader in the RPA space and how the company reached its world-leading status.
Formation and acquisition by SS&C
Blue Prism was co-founded by Alastair Bathgate and David Moss in 2001, with the intention to develop technology that could be used to improve the efficiency and effectiveness of organisations.
The company launched its first commercial product, Automate, in 2003, and is credited with coining the term ‘RPA’.
In March 2022 financial services and healthcare technology leader SS&C announced that it had completed its acquisition of Blue Prism Group Plc for approximately US$1.6bn, with the intention of enhancing SS&C's position as a leading provider of software and services to the financial services and healthcare industries with deep expertise in intelligent automation and robotic process automation (RPA).
Today, SS&C Blue Prism’s software platform provides enterprise-grade intelligent automation and RPA solutions. Its suite of technologies has been designed to strategically automate end-to-end processes and help organisations reach total digital transformation.
Organisations can realise the benefits of automation and transform their customer, employee and user journeys with SS&C Blue Prism – from automating independent evaluations of market trends to entire document processing, payroll and onboarding.
SS&C Blue Prism: A Magic Quadrant leader in RPA
Gartner defines RPA as the software to automate tasks within business and IT processes via software scripts that emulate human interaction with the application user interface. RPA enables a manual task to be recorded or programmed into a software script, which users can develop by programming, or by using the RPA platform’s low-code and no-code graphical user interfaces. This script can then be deployed and executed into different runtimes. The runtime executable of the deployed script is referred to as a bot, or robot.
RPA is used across numerous business functions for tactical task automation. Business and IT users can leverage RPA to:
- Move data in or out of application systems without human interaction (unattended automation). Scripts are designed to replicate the actions of a person interacting with those systems or documents, which usually do not have available APIs. The goal is to automate and complete a task successfully without human intervention. Typically, unattended automation is triggered by a system and bots executed on a server.
- Automate tasks with a human in the loop (attended automation). RPA can extract information from systems and related documents, shaping it and preparing it for consumption by a human at the point of need. Typically, attended automation is triggered by a human and bots executed on a local device.
SS&C Blue Prism provides intelligent automation (IA) across 2,800 companies. The SS&C Blue Prism Intelligent Automation platform delivers visibility, orchestration and control mechanisms to help enterprises manage the workforce and end-to-end processes.
“We're delighted SS&C Blue Prism has been recognised as a Leader in the Gartner Magic Quadrant for Robotic Process Automation for the fifth time in a row,” comments Bill Stone, Chairman and Chief Executive Officer at SS&C Technologies. “With SS&C Blue Prism at the leading edge of the RPA market, we are well positioned to help our customers optimise their processes and transform their organisations.”
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