Robotic Process Automation: the next big trend in enterprise digitalisation?

Investors are pouring funds into Robotic Process Automation businesses, sending their valuations sky high. New York-based UiPath's valuation has risen from $70m two years ago to a staggering $6.4bn this spring. Silicon-valley based Automation Anywhere raised $550m from investors last year and is valued at $2.3bn. Meanwhile, the UK's Blue Prism has a market capitalisation of $1.5bn. Robotic Process Automation (RPA) software carries out mundane office tasks such as processing invoices and answering email enquiries.