All the sessions from Transform 2021 are available on-demand now. Blueprint Software Systems has released a new solution for robotic process automation (RPA) migrations to the Microsoft Power Automate platform. This could tilt the balance in the RPA market toward Microsoft's lower-cost offerings with native integrations into popular productivity apps. Leading RPA companies, including UiPath, Automation Anywhere, and Blue Prism, have an extended lead time over Microsoft. These companies have developed a substantial base of loyal enterprise customers.
Microsoft this week expanded into process capture and analytics with the release of Microsoft Process Advisor. This extends the reach of Microsoft Power Automate, the company's robotic process automation (RPA) and cloud integration platform. These updates will help Microsoft's Power Automate strategy scale beyond RPA into the broader hyperautomation market, which Gartner expects to grow from $481.6 billion in 2020 to $596 billion in 2022. "The idea of'automating automation' is core to our strategy," Microsoft Power Automate product manager Stephen Siciliano told VentureBeat. Process Advisor gives organizations the ability to capture processes for further analysis or as templates for creating more full-fledged automations, he added.
We have been through a decade of great technological change. Technologies that are at the center of our lives now – Smartphones and Social media truly became ubiquitous in the 2010s. The same can be said of Robotic Process Automation (RPA) – the big three started out in the 2000s but got into their own in the 2010s. It was a great decade and a great year for RPA. Let us take a look at the past year and what we can expect in the new decade.
This week, Appian announced the first acquisition in its 20-year history. It was for a startup based in Spain called Jidoka. The company is the developer of an RPA (Robotic Process Automation) platform, which is ranked No. 1 by Gartner Peer Insights. Appian is a leader in the BPM (Business Process Management) and low-code markets. This technology's allows for quick development of enterprise-grade applications, which has been key for digital transformation.
Robotics process automation is one of the hottest areas in technology automation. The number of players in this market is increasing rapidly; here we take a look at size of the key players in RPA. To be fair to all six of these RPA players, we thought we would go through each of them in alphabetical order. Robotics process automation, or RPA, is becoming big. And this month, RPA is our main theme.