A rapidly-growing that can help businesses automate repetitive and manual tasks, Robotic Process Automation (RPA) offers a multitude of benefits to businesses across various industries. Today, RPA technology is revolutionising how companies operate, leading to unprecedented efficiency, accuracy and cost savings.
According to Deloitte, Robotic Process Automation (RPA) tools can help businesses improve the efficiency and effectiveness of their operations faster and at a lower cost than other automation approaches.
With the global RPA market being forecast to reach around US$19bn by 2030, there are a number of key benefits of implementing RPA:
- Employee Empowerment: By automating mundane and repetitive tasks, employees are freed to focus on more strategic, creative, and customer-focused initiatives. This can lead to increased job satisfaction and reduced turnover.
- Scalability and Flexibility: RPA allows businesses to easily scale operations up or down without the need to hire or train additional staff. This flexibility is particularly beneficial in industries with fluctuating workloads.
- Enhanced Compliance and Security: RPA systems can be programmed to follow regulatory requirements precisely, reducing the risk of non-compliance. Additionally, they can improve data security by limiting human access to sensitive information.
- Better Insights and Analytics: RPA tools can gather and process large volumes of data, providing valuable insights for business decision-making. This data can be used to identify trends, forecast demand, and improve business strategies.
As the technology continues to gain traction across various industries, we explore the Top 10 leading RPA companies.
Pega provides a powerful platform that empowers the world’s leading organisations to unlock business-transforming outcomes with real-time optimisation. Its RPA offering enables bots and humans to work side by side, enabling employees to deliver customers the outcomes they need faster, and with greater accuracy.
It also allows organisations to bridge gaps between systems, eliminating time spent navigating multiple applications by integrating legacy systems and removing silos.
Focused on removing the friction between companies and consumers to provide leading customer experience, NICE offers RPA solutions to free employees from repetitive tasks, enabling them to focus on valuable business priorities.
NICE RPA software bots have the capability to take over all the repetitive, admin driven processes facing the human workforce everyday. A variety of tasks can be executed independently without human intervention, with these bots working quickly and tirelessly around the clock, without error.
8: Tungsten Automation
Tungsten Automation, formerly Kofax, is the trusted global leader in Intelligent Automation, with nearly 40-years of expertise in digital workflow transformation. Today, its cloud-first Gen-AI powered workflow automation solutions are significantly improving efficiency and reducing costs for many of the world’s largest companies.
Part of the industry-leading Tungsten Intelligent Automation Platform, its Tungsten RPA solution is a market-leading, AI-powered platform that automates business processes using smart software robots that run seven days a week, 24 hours a day.
Its RPA offering is capable of automating repetitive manual tasks such as copy-and-paste operations, data extraction, data entry and data creation using no-code and low-code capabilities or the built-in automation recorder. It also allows organisations to build attended bots for tasks that need to be actively initiated by users, and create unattended bots for tasks that run without any intervention from humans.
Appian is a software company that automates business processes. The Appian AI Process Platform includes everything organisations need to design, automate and optimise even the most complex processes, from start to finish.
Through its RPA solution, Appian allows users to automate almost any process with RPA to drive greater operational efficiency. Organisations can build process automation workflows using Appian’s RPA task recorder and low-code options, and through its seamless workflow orchestration pass off tasks easily between bots, humans and systems for streamlined operations.
IBM’s RPA offering helps organisations automate more businesses and IT processes at scale with the ease and speed of traditional RPA. Software robots, or bots, can act on AI insights to complete tasks with no lag time and enable businesses to achieve digital transformation.
Together with watsonx, IBM’s Gen AI platform, using RPA and APIs users can automate and streamline workflows by creating in IBM watsonx Orchestrate custom skills, which gives organisations the flexibility to train watsonx on their specific needs.
Microsoft’s Power Automate is a comprehensive, end-to-end cloud automation platform powered by low code and AI. It is part of the Microsoft Power Platform line of products together with products such as Power Apps and Power BI.
The solution enables organisations to automate routine tasks, eliminate the chance for errors and freeing up time for more important work. Built into its Windows 11 operating system, Power Automate’s low-code RPA platform provides a solution for developers and non-developers alike to automate routine tasks from their Windows desktop, such as reporting, data entry, and scheduling.
3: SS&C Blue Prism
SS&C Blue Prism provides leading enterprise intelligent automation technology worldwide, empowering customers to reimagine how work gets done with a secure and scalable intelligent digital workforce. Coining the phrase RPA in 2012, it offers total transformation with intelligent automation, increasing efficiency and streamlining workflows through a unlimited digital workforce.
Blue Prism’s enterprise-wide software products, powered by intelligent automation, provide full control and governance. Its solutions empower organisations to deliver the desired business outcomes with its RPA and business process management solutions.
2: Automation Anywhere
Automation Anywhere is the leader in intelligent automation solutions that is putting AI to work across every aspect of an organisation. The company’s Automation Success Platform is powered with specialised AI, Gen AI and offers process discovery, RPA, end-to-end process orchestration, document processing and analytics, with a security and governance-first approach.
Automation Anywhere empowers organisations worldwide to unleash productivity gains, drive innovation, improve customer service and accelerate business growth.
In January 2024 Automation Anywhere announced availability of the industry’s first specialised, Gen AI automation model to dramatically improve process automation development cycle times and transform the automation market.
Its Automation Success Platform is the only cloud-native Intelligent Automation platform, enabling companies to transcend front- and back-office silos and systems, both SaaS and legacy, while its Automation Co-Pilot digital assistant simplifies automation, enabling anyone to automate their business processes.
From modest beginnings, with 10 people working in a small apartment in Bucharest, Romania, UiPath has grown into a global enterprise automation software company, building AI and automation solutions to drive business value and end repetitive tasks.
Announcing a range of Gen AI-powered innovations in June 2023, the AI-powered UiPath Business Automation Platform combines UiPath’s leading RPA solution with a full suite of capabilities to understand, automate and operate end-to-end processes, offering unprecedented time-to-value.
Today headquartered in New York, UiPath is on a mission to uplevel knowledge work so more people can work more creatively, collaboratively and strategically, ultimately accelerating human achievement.
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