Home Just In Automation Anywhere Acquires FortressIQ

Automation Anywhere Acquires FortressIQ

by CIO AXIS

To redefine the future of AI-powered intelligent automation and process discovery.

Automation Anywhere, a global leader in robotic process automation (RPA), has agreed to buy cloud pioneer FortressIQ, a leading process discovery and mining firm based in San Francisco, in a definitive deal.

By combining FortressIQ with Automation Anywhere, enterprises will be able to expedite automation programmes and transform in a digital-first world, ushering in a new era of intelligent automation.

Mihir Shukla, CEO and Co-Founder, Automation Anywhere, said, “Together, Automation Anywhere and FortressIQ will reshape the future of automation, changing the way our customers automate, adapt, and accelerate as they pursue digital transformation initiatives. I’m thrilled to welcome FortressIQ to the Automation Anywhere family once the transaction closes.”

“Automation Anywhere is a global leader of the RPA revolution, and nearly two decades later, is reimagining automation to be cloud-native, intelligent, and designed for every person in every company,” said Pankaj Chowdhry, CEO and Founder, FortressIQ. “We share a vision to deliver and automate at scale, as well as share common values to help customers succeed on a trusted platform. This will change the industry, and I’m excited about what we can automate next.”

Automation Anywhere will advance its AI-powered, cloud-native Automation 360 platform with process identification, insight, and optimization that can scale to any system or application across any vertical with the purchase of FortressIQ. Built-in intelligence in the new capabilities enables quick, precise view into which tasks can and should be automated.

As the pandemic continues, firms are looking for new methods to streamline business processes, which has resulted in a surge in demand for robotic process automation. Process intelligence is a critical component of RPA, since it assists firms in identifying, mapping, and analysing multi-dimensional processes that span hundreds of apps and hundreds of thousands of employees.

Organizations can free up time and resources by automating low-value, manual operations, which can then be used to respond to changing business conditions. Customers of Automation Anywhere have created approximately 3 million automations, with major corporations deploying tens of thousands of bots across their enterprises, mostly in the cloud.

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