![]() ![]() Megabuyte analyst Lee Pruitt said of today's news: "Our take on the combination with SS&C is that, on the one hand, it narrows the target market largely to SS&C's financial services and healthcare customer base but, at the same time, it could provide a focus niche where it can develop a perhaps needed competitive advantage when up against larger peers. Research company Forrester has said there will be only one eventual winner in the RPA race – and that is Microsoft. Oracle gears up to fend off RPA and workflow upstarts by pouring more automation into core enterprise apps.SAP hits back at interlopers with its own twist on workflow, low-code and RPA tech.Three million job cuts coming at Indian services giants by next year, says Bank of America.Only one software giant to make impact on the robotic process automation market, says analyst.In the first half of this financial year ended 30 April, turnover was £80.4m. Forrester defines automation fabric as a framework to build, orchestrate, and govern a hybrid workforce of human and digital workers that links AI-based and traditional automation components along with a proactive program for innovation.RPA is forecast to be worth $2.9bn worldwide in 2021, up from just $125m in 2016, but Blue Prism's share is relatively small: turnover was £141.4m in fiscal 2020 ended 31 October. This gap has limited RPA’s applicability for many automation opportunities.įor the RPA market, this acquisition points to the further convergence of automation and integration technologies into the automation fabric. From a technological point of view, this has always been a shortcoming of RPA technology, as it was not designed for high-speed, large-volume data transfers. Vista Equity Partners, a private equity firm that owns analytics vendor Tibco, said it intends to acquire robotic process automation vendor Blue Prism for 1.5 billion and plans to combine Tibco and Blue Prism once the deal is approved by shareholders. The move will complement TIBCO’s existing automation capabilities.īlue Prism customers might be able to tap into an additional set of automation use cases leveraging TIBCO’s leading technology that shovels large amounts of data from one place to another at high velocity while curating it all. TIBCO did not have it - it was best known for its iPaaS platform, and now it has a best-in-class platform for UI integration, so a gap has been filled. We think the Blue Prism offerings are complimentary to TIBCO but these benefits will take one to two years to realize. Moving to the private equity world will take pressure off public reporting and allow breathing room for Blue Prism to invest in longer-term AI innovation.Īnd lastly, RPA is an automation gap for anyone in the process world. TIBCO has R&D depth across many areas important to RPA. But what does the 1. Recent Forrester RPA reviews had seen Blue Prism fading of late, mostly falling behind in analytics for document extraction, task and process discovery, and development of low code and business development features. The firm that invented robotic process automation, Blue Prism, is headed for sale to private equity firm Vista, where it will be folded into enterprise data firm Tibcoif shareholders agree. This broad range of technical competence can infuse AI smarts rapidly in the Blue Prism platform. It appears in several markets that Forrester covers, including integration platform as a service (iPaaS), API management, business intelligence, decision management, streaming analytics, and data management - almost all based on acquisitions it made. TIBCO over the years has become something of an automation roll-up. RPA and intelligent automation is becoming more strategic each day, and TIBCO should now find it can climb to higher floors in the virtual building. Blue Prism was an early mover in the RPA market and, in fact, named it and acquired many blue chip early adopters that value the scalability, security, and control that Blue Prism provides. Our consensus is “thumbs-up.” A big value to TIBCO is in the customer base, and with the merger, it will get a great base. Forrester’s automation team took a look at this potential merger and had the following thoughts. Subject to shareholder approval, it plans to merge Blue Prism into TIBCO Software, which it already owns. Private equity firm Vista Equity Partners announced it’s intention to acquire robotic process automation (RPA) software company Blue Prism. ![]()
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