Quadrant Knowledge Solutions announces the addition of “Market Outlook: Robotics Process Automation (RPA), 2018-2023, Worldwide” report to their strategic market outlook offerings.

Enterprise organizations across industry sectors are undergoing a transformation in their business processes driven by global megatrends and digital transformation trends. Robotics Process Automation (RPA) is emerging as one of the revolutionary technology trends and transforming traditional business processes with a dramatic improvement in terms of productivity, agility, speed, and accuracy.

RPA technology enables organizations to create their own software robots to automate and streamline their business and administrative processes. Software bots can effectively replicate high-volume of the repetitive task and replace human element without affecting underlying systems. Intelligent software bots can be deployed to automate end-to-end business and IT processes. With cognitive capability, they can watch operator behavior over thousands of instances and can develop a program to mimic processes and functions to operate on its own. Like human employees, these bots can interpret, trigger responses, and interact with other systems or applications.

Driven by technology innovation, expanding use cases, and maturity of cognitive, artificial intelligence (AI), and machine learning capability in RPA applications, the market continue to evolve and see growing traction amongst user communities across verticals.

Quadrant Knowledge Solutions Robotics Process Automation Market Outlook research provides strategic information to the market participants and users who are responsible for strategic planning, marketing, sales, and purchasing RPA solutions. This research provides strategic information for technology vendors to better understand the market supporting their growth strategies and for users to evaluate different vendor capability, competitive differentiation, and its market position.

SPARKTM Matrix: Quadrant Knowledge Solutions’ SPARK Matrix provides a snapshot of the market positioning of the key market participants. SPARK Matrix representation provides a visual representation of market participants and provides strategic insights on how each supplier ranks related to their competitors, with respect to various performance parameters based on the category of technology excellence and customer impact. In Quadrant’s evaluation of global Robotics Process Automation market, we have analyzed the offerings of leading RPA vendors, including Automation Anywhere, Blueprism, Jacada, Jidoka, Kofax, Kryon Systems, NICE, Pegasystems, Redwood Software, Softomotive, Thoughtonomy, Uipath, Verint Systems, and WorkFusion.

DataSheet: This research is also available as an Excel Workbook with extended market forecast analysis for 10 years to understand long-term trends of the overall market and its segments.

Keywords: Robotics process Automation, RPA Market, Software Robots, Intelligent bots, Digital, Artificial Intelligence, AI, Analytics, Machine Learning, Cognitive Capabilities, Market Research, SPARK Matrix, Market Size, Competitive Analysis, Market Forecast, Market Size, Technology Trends

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Riya Mehar
Quadrant Knowledge Solutions Private Limited
Telephone: 978-605-1066