Acquisition Accelerates Blue Prism Digital Workforce
Adoption Via SaaS Offering that Extends Market Coverage to
Mid-Tier Enterprises
LONDON and AUSTIN,
Texas, July
17, 2019 /PRNewswire/ -- Blue Prism (AIM: PRSM) today
announced the close of its acquisition of Thoughtonomy. With the
acquisition complete, Thoughtonomy, now a Blue Prism company, will
operate as a business unit led by its founder and CEO Terry Walby. Both companies will work to
enable an on-demand Digital Workforce, accessible to all, by
combining the strengths of Blue Prism's connected-RPA
platform and Thoughtonomy's award winning
Software-as-a-Service (SaaS) capabilities.
The acquisition bolsters Blue Prism's position as the first
choice for enterprises of all sizes looking to accelerate their
automation strategy from the cloud. This integration gives
enterprises a way to access and leverage fully integrated AI
technologies such as computer vision, Natural Language
Processing (NLP) and machine learning to automate mission critical
procedures from back office to front office. This will enable
greater operational agility allowing customers to accelerate
automation projects more easily to drive improved productivity and
customer experiences, without needing to set up a dedicated
infrastructure to support their program.
"Thoughtonomy gives our Digital Workforce added cloud,
management and deployment capabilities," says Alastair Bathgate, Co-founder and CEO, Blue
Prism. "These new capabilities will accelerate the reach and
value our digital workers provide, especially on Microsoft Azure.
We're bringing Blue Prism to the world and Thoughtonomy is part of
our push into mid-tier enterprises and key industry verticals."
According to Forrester Research, "business and government
purchases of public cloud infrastructure, platform and application
services will reach $411 billion by
2022." Furthermore, "as cloud solutions become a larger and larger
part of tech budgets and operations, CIOs will need to treat cloud
as core to their technology delivery to business; not as peripheral
activities that can be lightly managed."1
"We are delighted to see two of our strategic partners coming
together. Thoughtonomy was early in its vision of delivering
'Robots as a Service' and we absolutely endorse the view by
Forrester that corporates are genuinely shifting towards deeper
cloud solutions. This is a very natural marriage and the timing
feels highly appropriate and will further enhance Blue Prism's
position as a leader in intelligent Automation," says
Pascal Baker, Co-Founder & Chief
Client Officer for Symphony, a SYKES company.
Thoughtonomy further supports Blue Prism's cloud strategy by
giving customers an easy to manage SaaS offering running on
Microsoft Azure. Customers can easily leverage ready-to use channel
interfaces such as chatbots and web-forms coupled with
Thoughtonomy's integrated AI-enabled digital workforce
manager, IADA®, help companies scale their automation strategy at
speed.
"This acquisition gives us the foundation to deliver the next
generation of intelligent automation capabilities," says
Terry Walby, CEO and Founder of
Thoughtonomy. "Together we immediately provide the most
comprehensive portfolio in the market, but our ambitions are just
taking flight. We will broaden and simplify access to the most
advanced Digital Workforce on the planet. We are just getting
started."
Together both companies will continue to build out the strongest
partner network in the industry aimed at driving up customer
adoption in key market verticals including financial services,
telecom, insurance, retail, healthcare and pharmaceuticals,
professional services, energy, utilities, public sector and
outsourcing providers. This also includes commitments to support
partner enablement, sales, pre-sales and implementation on a global
scale.
About Blue Prism
In this digital era where start-ups
are constantly disrupting markets, only the most agile and
innovative enterprises survive and thrive. At Blue Prism, we
pioneered Robotic Process Automation (RPA), emerging as the trusted
and secure intelligent automation choice for the Fortune
500 and the public sector. Now we bring you connected-RPA
supported by the Digital Exchange (DX) app store—marrying internal
entrepreneurship with the power of crowdsourced innovation.
Blue Prism's connected-RPA can automate and perform mission
critical processes, allowing your people the freedom to focus
on more creative, meaningful work. More than 1,500 global customers
leverage Blue Prism's Digital Workforce deployed in the cloud or on
premises as well as through the company's Thoughtonomy SaaS
offering, empowering their people to automate billions of
transactions while returning hundreds of millions of hours of work
back to the business. Visit www.blueprism.com to learn more
about Blue Prism (AIM: PRSM).
Follow Blue Prism on Twitter @blue_prism and on
LinkedIn.
1 Forrester Research, Inc., "The Public Cloud Market
Outlook, 2019 to 2022: Public Cloud Growth Continues to Power Tech
Spending" (Andrew Bartels,
Dave Bartoletti and John R. Rymer), July 2,
2019
© 2019 Blue Prism Limited. "Blue Prism", the "Blue Prism" logo
and Prism device are either trademarks or registered trademarks of
Blue Prism Limited. All Rights Reserved.
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