Automation Redefining the future of AI-powered intelligent automation and process discovery
Automation Anywhere, a global leader in robotic process automation, announced that it has entered into a definitive agreement to acquire cloud pioneer FortressIQ, a leading process discovery and mining vendor based in San Francisco.
Combining FortressIQ with Automation Anywhere will usher in a new era of intelligent automation enabling companies to accelerate automation initiatives and transform in a digital-first world.
“The Fortress IQ team are the pioneers of process intelligence making this a perfect match,” said Mihir Shukla, CEO and Co-Founder, Automation Anywhere. “Together, Automation Anywhere and Fortress IQ 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 Fortress IQ to the Automation Anywhere family once the transaction closes.”
Recommended AI News: Cvent Announces Partnership With ID.me to Enhance Event Health and Safety
Building the Automated Company, Together
Demand for robotic process automation has skyrocketed as the pandemic endures and companies look for new ways to streamline business processes. Process intelligence is essential, helping companies identify, map, and analyze the multi-dimensional processes that extend across hundreds of applications and thousands of employees.
With the acquisition of FortressIQ, Automation Anywhere will advance its AI-powered, cloud-native Automation 360 platform with process discovery, intelligence, and optimization that can scale to any system or application across any vertical. The new capabilities offer built-in intelligence to provide fast, accurate visibility to identify which processes can and should be automated.
Recommended AI News: Securonix Makes Autonomous Threat Sweeper Available to all SaaS Customers to Combat Log4j Attacks
“Today, organizations face a tough reality – either automate quickly to remain relevant and thrive in an increasingly digitized world or face the sheer number of broken business processes resulting from the COVID-19 pandemic,” said Maureen Fleming, Program Vice President, IDC. “Process intelligence should be at the forefront of any transformation effort, and this acquisition unites two cloud pioneers in each process automation and discovery to jump-start automaton efforts at any company, build automations at speed, and breakthrough logjams, resulting in desired business outcomes.”
Automating low-value, manual tasks can free up time and resources that can then be used by organizations to adapt to changing business conditions. Automation Anywhere customers have collectively implemented nearly 3 million automations, with leading companies deploying tens of thousands of bots throughout their organizations, primarily in the cloud.
Recommended AI News: AuthorityTech.io Partners with TechStars Backed OptimusQ to Unveil AI-Powered “Hybrid PR” Service
[To share your insights with us, please write to sghosh@martechseries.com]
Comments are closed.