Automation Anywhere predicts it will be world’s largest digital employer by 2020

Automation Anywhere expects to deploy more than three million bots by 2020, a 200% increase from today.
Automation Anywhere predicts it will be world’s largest digital employer by 2020
Automation Anywhere predicts it will be world’s largest digital employer by 2020
Written by:

Automation Anywhere, the global leader in robotic process automation (RPA), announced unprecedented ecosystem growth in the first quarter of 2019, with more than 2,800 customer entities and 1,600 enterprise brands using the company’s intelligent RPA platform

This growth reinforces the company’s position as the industry’s most widely deployed, enterprise-grade RPA solution. Automation Anywhere’s customer roster now includes 90% of the world’s top healthcare companies, 85% of the world’s top technology companies, more than 85% of the world’s top banks and financial services companies, and 80% of the world’s top telecommunications companies.

RPA is now among one of the fastest-growing technologies with the global RPA market emerging as an estimated $100 billion opportunity.[1] The research firm Gartner further estimates that by 2020, 40% of large enterprises will have deployed RPA software, up from less than 10% today. [2]

Automation Anywhere, which raised $550 million in Series A funding last year, exemplifies the RPA industry’s recent trajectory. As leading global enterprises invest in digital workers, Automation Anywhere has executed new business with organizations such as Boston Scientific, KPMG, IBM, Comcast and Bancolombia. With this current rate of increased growth, the company expects to deploy more than three million bots by 2020, a 200% increase from today[3], at which time, Automation Anywhere will become, by today’s measure, the biggest ‘employer’ in the world. 4

“Our vision is to unlock new levels of human creativity and ingenuity, harnessing cutting-edge automation and AI to usher in the workforce of the future, and liberate people to focus on what human beings do best – innovate, collaborate and use their talent to solve higher order business challenges,” said Mihir Shukla, CEO and Co-founder at Automation Anywhere. “As more customers realise the benefits of our industry-leading intelligent RPA platform, allowing for unconstrained innovation and growth, their success continues to drive our momentum.”

In addition to dramatically expanding its customer base, Automation Anywhere has also:

  • More than doubled its human workforce in the last year
  • Expanded its partner network, to a total of 700 global partners, a three-fold increase year-over-year
  • Built a global presence in 35 countries worldwide, opening new offices in Brazil, France, Mexico, the Middle East and South Africa in the first quarter
  • Released the industry’s first Digital Workers, ready-to-deploy digital personas that combine task-oriented, cognitive and analytical abilities to automate repetitive activities, creating the world’s first marketplace for the workforce of the future
  • Expanded opportunities for software developers, Independent Software Vendors (ISVs) and system integrators to generate recurring revenue from bots and digital workers in the company’s Bot Store, the industry’s first online marketplace for preconfigured downloadable RPA bots

“Our research predicts that the global RPA market will continue its extraordinary growth at 90% CAGR to 2020,” said Sarah Burnett, Executive Vice President and Distinguished Analyst, Everest Group.

[1] According to KeyBanc Capital Markets

[2] According to Gartner Research 

[3] According to internal research on the growth rate of the digital workforce market

4 According to the World Economic Forum

Related Stories

No stories found.
The News Minute
www.thenewsminute.com