{"id":46167,"date":"2021-08-30T03:55:00","date_gmt":"2021-08-30T07:55:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=46167"},"modified":"2021-08-30T03:55:00","modified_gmt":"2021-08-30T07:55:00","slug":"only-one-software-giant-to-make-impact-on-the-robotic-process-automation-market","status":"publish","type":"post","link":"https:\/\/blog.cyberconservices.com\/index.php\/2021\/08\/30\/only-one-software-giant-to-make-impact-on-the-robotic-process-automation-market\/","title":{"rendered":"Only one software giant to make impact on the robotic process automation market"},"content":{"rendered":"\n

Microsoft is set to be the only firm among the enterprise tech giants investing in robotic process automation<\/strong> (RPA<\/strong>) tools to make a significant impact, a report from Forrester claims.<\/p>\n\n\n\n

The RPA<\/strong> market is set to be worth $2.9bn by revenue in 2021, up from $125m in 2016, while the two biggest players in the game, Automation Anywhere and UiPath, have a combined valuation of $39.2bn. UiPath<\/a>, especially, appears to have convinced investors that robotic process automation is A Thing, with a $35.8bn valuation after its recent IPO in April.<\/p>\n\n\n\n

However, the total RPA <\/strong>market is still tiny compared with the enterprise application market, worth $225bn in 2029, according to IDC. Nonetheless, vendors in the bigger market are still tempted to get a slice of the action. Salesforce<\/a>, SAP<\/a>, Oracle<\/a>, and Microsoft<\/a> have all made significant investments knitting RPA into their platforms in recent years, but only the Redmond OS giant is likely to make headway, Forrester said.<\/p>\n\n\n\n

It predicted that two pure-play RPA <\/strong>vendors plus Blue Prism, which offers RPA<\/strong> and low-code tools, would control 32 per cent of the market by 2023, while Microsoft would command 5 per cent because it is integrating RPA<\/strong> with its Power platform, which includes low-code and self-service BI offerings and is integrated with Office and Dynamics application products. Read On <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Microsoft is set to be the only firm among the enterprise tech giants investing in robotic process automation (RPA) tools to make a significant impact, a report from Forrester claims. The RPA market is set to be worth $2.9bn by …<\/span> Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":46236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[680,628],"tags":[675,629],"class_list":["post-46167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-robotic-process-automation","category-rpa","tag-robotic-process-automation","tag-rpa"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":31814,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2019\/08\/09\/one-robot-per-employee-uipaths-automation-first-approach-leads-fast-growing-rpa-market\/","url_meta":{"origin":46167,"position":0},"title":"One robot per employee: UiPath’s automation-first approach leads fast-growing RPA market","author":"Rick Backus","date":"August 9, 2019","format":false,"excerpt":"Artificial intelligence has propelled many enterprise sectors, but perhaps none faster than the field of\u00a0robotic process automation, or RPA. A recent\u00a0Gartner Inc. report\u00a0found that the RPA market grew 63% in 2018, making it the fastest-growing enterprise software category. And the market leader, according to Gartner, is\u00a0UiPath Inc. Founded\u00a0out of Romania\u2026","rel":"","context":"In "AI"","block_context":{"text":"AI","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/ai\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.cyberconservices.com\/wp-content\/uploads\/2019\/08\/cyber-4062449__340-1.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":46062,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2021\/03\/30\/no-code-workflow-and-rpa-line-up-for-their-automation-moment\/","url_meta":{"origin":46167,"position":1},"title":"No code, workflow and RPA line up for their automation moment","author":"Rick Backus","date":"March 30, 2021","format":false,"excerpt":"Everyone's getting in on the RPA act and rightfully so. It seems that this new focus on cloud (meaning API) is beginning to address a current shortfall for RPA as a solution. Trying to automate from a web interface brings a host problems that are not really an issue for\u2026","rel":"","context":"In "Robotic Process Automation"","block_context":{"text":"Robotic Process Automation","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/robotic-process-automation-processs-automation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2018\/03\/09\/16\/32\/woman-3211957__340.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2018\/03\/09\/16\/32\/woman-3211957__340.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2018\/03\/09\/16\/32\/woman-3211957__340.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2018\/03\/09\/16\/32\/woman-3211957__340.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":32940,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2019\/10\/28\/why-intelligent-process-automation-looks-like-the-next-wave\/","url_meta":{"origin":46167,"position":2},"title":"Why Intelligent Process Automation Looks Like the Next Wave","author":"Rick Backus","date":"October 28, 2019","format":false,"excerpt":"By:\u00a0eWeek 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).\u2026","rel":"","context":"In "RPA"","block_context":{"text":"RPA","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/rpa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.cyberconservices.com\/wp-content\/uploads\/2019\/10\/artificial-intelligence-3382507__340-300x200.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":46186,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2021\/09\/08\/rpa-examples-and-use-cases-that-prove-robotic-automation-works-the-server-side\/","url_meta":{"origin":46167,"position":3},"title":"RPA examples and use cases that prove robotic automation works – The Server Side","author":"Rick Backus","date":"September 8, 2021","format":false,"excerpt":"According to Gartner Research, Robotic process automation (RPA) has become one of the fastest growing segments of the software industry as a result of the technology\u2019s ability to mimic tasks humans would normally be required to perform. Modern RPA applications have evolved significantly over the years, with improved tooling making\u2026","rel":"","context":"In "Robotic Process Automation"","block_context":{"text":"Robotic Process Automation","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/robotic-process-automation-processs-automation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68001,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2022\/11\/23\/how-robotic-process-automation-is-helping-federal-agencies-manage-data\/","url_meta":{"origin":46167,"position":4},"title":"How Robotic Process Automation is helping federal agencies manage data","author":"Rick Backus","date":"November 23, 2022","format":false,"excerpt":"By\u00a0Mark\u00a0Hogenmiller - When it comes to government deployments of automation and AI\/ML, the spotlight often shines brightest on high profile applications \u2013 whether it\u2019s augmenting soldier performance on the battlefield, driving intelligence gathering or modernizing the delivery of citizen services. For that reason, it\u2019s easy to miss a transformation underway\u2026","rel":"","context":"In "Robotic Process Automation"","block_context":{"text":"Robotic Process Automation","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/robotic-process-automation-processs-automation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33214,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2020\/03\/16\/navigating-the-compliance-minefield-with-robotic-process-automation\/","url_meta":{"origin":46167,"position":5},"title":"Navigating the compliance minefield with robotic process automation","author":"Rick Backus","date":"March 16, 2020","format":false,"excerpt":"Chris Duddridge, area vice president and managing director UKI at UiPath, explores the link between compliance and robotic process automation Robotic process automation (RPA) can help organisations navigate the increasingly complex compliance landscape. 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