By: eWeek Editors – Robotic process automation, acronymed RPA, has been one of the hottest areas of tech in the last two years, based on venture investment and enterprise adoption. In 2018 alone, three companies raised more than $1 billion: Automation Anywhere ($550 million), UiPath ($378 million) and BluePrism ($130 million). Additionally, it was recently reported that UiPath plans to raise another $300 million to $400 million by the end of this year.

RPA’s simple, easy-to-understand value prop–process automation and cost efficiency–is hard to ignore for any company looking for productivity gains. As a result, it has quickly replaced Business Process Management (BPM/BPA) as the new engine for enterprise efficiency. 

As enterprises look to expand their use of RPA to other areas of the organization though, they are starting to discover that RPA has limits. As a result, there is a new wave of automation emerging called intelligent process automation–IPA for short.  Read On: