{"id":46167,"date":"2021-08-30T03:55:00","date_gmt":"2021-08-30T07:55:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=46167"},"modified":"2021-08-30T03:55:00","modified_gmt":"2021-08-30T07:55:00","slug":"only-one-software-giant-to-make-impact-on-the-robotic-process-automation-market","status":"publish","type":"post","link":"https:\/\/www.cyberconservices.com\/index.php\/2021\/08\/30\/only-one-software-giant-to-make-impact-on-the-robotic-process-automation-market\/","title":{"rendered":"Only one software giant to make impact on the robotic process automation market"},"content":{"rendered":"\n

Microsoft is set to be the only firm among the enterprise tech giants investing in robotic process automation<\/strong> (RPA<\/strong>) tools to make a significant impact, a report from Forrester claims.<\/p>\n\n\n\n

The RPA<\/strong> market is set to be worth $2.9bn by revenue in 2021, up from $125m in 2016, while the two biggest players in the game, Automation Anywhere and UiPath, have a combined valuation of $39.2bn. UiPath<\/a>, especially, appears to have convinced investors that robotic process automation is A Thing, with a $35.8bn valuation after its recent IPO in April.<\/p>\n\n\n\n

However, the total RPA <\/strong>market is still tiny compared with the enterprise application market, worth $225bn in 2029, according to IDC. Nonetheless, vendors in the bigger market are still tempted to get a slice of the action. Salesforce<\/a>, SAP<\/a>, Oracle<\/a>, and Microsoft<\/a> have all made significant investments knitting RPA into their platforms in recent years, but only the Redmond OS giant is likely to make headway, Forrester said.<\/p>\n\n\n\n

It predicted that two pure-play RPA <\/strong>vendors plus Blue Prism, which offers RPA<\/strong> and low-code tools, would control 32 per cent of the market by 2023, while Microsoft would command 5 per cent because it is integrating RPA<\/strong> with its Power platform, which includes low-code and self-service BI offerings and is integrated with Office and Dynamics application products. Read On <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Microsoft is set to be the only firm among the enterprise tech giants investing in robotic process automation (RPA) tools to make a significant impact, a report from Forrester claims. The RPA market is set to be worth $2.9bn by revenue in 2021, up from $125m in 2016, while the two biggest players in the […]<\/p>\n","protected":false},"author":1,"featured_media":46236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[680,628],"tags":[675,629],"class_list":["post-46167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-robotic-process-automation","category-rpa","tag-robotic-process-automation","tag-rpa"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t