By providing software and applications that automate mundane tasks, Robotic Process Automation (RPA) has steadily gained in-roads into the business management process (BMP) market. RPA saves employees more time for more intricate tasks that require the human touch.
From data entry and report generation to the coordination of overlapping functions of multiple application, and much more, RPA facilitates digital transformation in innumerable ways. However, the mere fact that the technology automate front-office and back-office processes does not guarantee any of the various advantages that RPA can provide.
You need to do your due diligence in ensuring that the RPA tools you deploy are the most suitable for your business processes. In this post, we examine the three most widely used RPA tools, to help you make comparisons to determine the one that suits your business processes best.
The Forrester Wave: Robotic Process Automation, Q1 ’17 report shows that Blue Prism, Automation Anywhere and UiPath are the leaders of the pack. Statistics from Minefield also show that these three, which are also the longest standing in the industry, belong to a league of their own.
Let’s examine their areas of strength and weaknesses so you can determine which of them serves you best.
Just as the name implies, this RPA software is best suited for companies looking to deploy a digital arsenal of fully automated bots. These bots are capable of completing business processes end-to-end, offering your business a high level of autonomy. Their robotic process automation technology is widely used in 10 different countries, spanning sectors like the financial services, BPO, healthcare, core tech, and insurance companies.
Established in 2003, they have over a decade of experience operating from the heart of Silicon Valley. It is a very intuitive tool to use and it is also the industry’s largest collection of bots. The security in place models that of a financial institution and it transcends the basic requirements given by the government. With global partnerships like IBM, Accenture, Infosys, PWC, etc. you are sure that this tool is just what you need to improve efficiency and productivity in your organization.
The technology received its widely accepted moniker from Blue Prism labs. This company is the one of the pioneers of the technology. It’s managed to maintain its prominence till date, going into partnerships with industry leaders such as HP Enterprise, IBM, NHS, and many more. It was listed on the London Stock Exchange in March 2016.
The company seeks to provide code-free tools that can be used by users on all points of the programming learning curve.
However, unlike the other tools of its ilk, the Blue Prism RPA toolset lacks applications for recording user’s activities on a desktop. But CTO Dave Moss says the reason for the exclusion is based on the greater long-term Total Cost of Ownership as well as longevity and durability issues associated with the use of these activity-monitoring functionalities.
Also, Blue Prism does not cater to back-office automation.
UIPath is a Romanian company that owes most of its fame in the industry from the Community Edition of its RPA tools. Since its establishment in 2005, the company has been relentlessly championing the democratization of RPA, providing RPA tools that are free, scalable and multifunctional. It's made a tremendous impact on the industry, winning over big names like JP Morgan, SAP, BBC, and Ernst & Young.
UiPath tools come in three varieties, each with its distinct set of functions. These include the UiPath Studio, the UiPath Robots, and the UiPath Orchestrator.
The company was one of the first to launch an online learning platform for RPA, where participants receive training and certification.
With its nearly peerless highly powerful yet intuitive RPA tools, this company has charged its way into becoming the largest and fastest growing RPA technology company. Its 26,000+ strong customer base and 3,000 enterprise clients are spread across over 90 countries.
The company’s official reports show that the company has deployed over 450,000 robots so far and is targeting 3 million by 2020. The company has gone into a partnership with industry heavyweights like IBM, Infosys, EMC2, etc. raising the prospects of advanced RPA tools that expedite business management processes.
These three RPA tool vendors have created highly expedient solutions for swathes of businesses across various industries in various parts of the globe. Nonetheless, there are no guarantees for the efficacy of their solutions. You must diligently examine the solutions which each tool proffers in order to ascertain their suitability for your unique business needs.
Looking to upgrade your processes using the power of the best robotic tools? Talk to us today.
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