Blue Prism Technology Services Market Players Contribute Majorly towards Innovative Trends, details FactMR report

Posted on 2019-07-23 by Mark Hub in Technology // 0 Comments

The purpose of this comprehensive forecast report presented by FactMR is to elaborate the various market projections impacting the global blue prism technology services market size during the period through 2018-2028. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the blue prism technology services market during the forecast period.

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Blue Prism Technology Remains Highly Preferred amidst Emergence of Competitive RPA Solutions

Growing adoption of Robotic Process Automation (RPA) in back-office processes can be traced to its inception. According to Blue Prism Group Plc., a pioneer of RPA, till the first half of FY2018, over 1,000 organizations have used the platform. Amidst the emergence of several new competitive technologies in the RPA market, adoption rate of the Blue Prism technology is on the rise. Blue Prism’s consistent development in terms of ecosystem expansion, continued product differentiation and talent acquisition are driving new users to the platform. Increasing success stories of faster deployment and increased return on investment are also driving the adoption among key end-users. Initially limited to automation of repetitive processes in the back-office, integration of AI and cognitive technologies in the Blue Prism Technology are delivering next-generation RPA solutions to clients, in turn, strengthening the presence in the RPA market.

RPA solutions witness huge demand among global enterprises across industries, which is making a significant impact on the vital business strategies of Blue Prism technology service vendors. A palpable shift towards introducing RPA solutions is mainly attributed to growing awareness among end-users about extraordinary benefits of adopting RPA solutions. Leading players in the Blue Prism technology services market are collaborating with other vendors to leverage the growing demand for advanced RPA solutions, accelerate businesses and scale rapidly in the Blue Prism technology services market.

Blue Prism Group Plc., a UK based Blue Prism technology service provider, has collaborated with market leaders such as Accenture Plc., Deloitte Touche Tohmatsu Limited, and Avanade Inc., to introduce cutting-edge RPA tools by implementing Blue Prism technology services. The Blue Prism technology service company has also collaborated with Google Cloud to introduce RPA tools with pre-built integrations to Google Cloud Storage services such as BigQuery and Cloud ML Engine.

Needs for RPA Solutions Boost Adoption of Blue Prism Technology Services

As a mounting number of end-user businesses coupling RPA tools that are integrated with AI and cognitive services, players in the Blue Prism services are focusing on targeting specific end-user industries to envisage rapid growth. Addressing the industry-specific end-user requirements while developing various Blue Prism technology services is emerging as a popular trend in the Blue Prism technology services market.

Competitive Landscape

FactMR report provides readers with detailed information about leading vendors in the Blue Prism technology services market, such as Blue Prism Group Plc., Accenture Plc., Deloitte Touche Tohmatsu Limited, Ernst & Young LLP, Avanade Inc., Agilify Automation, Virtual Operations Ltd., Neoops Inc., Dirwa, and Quanton Limited. The report feature critical information including Blue Prism technology service company overview, key financials, product offerings, region-wise presence of the company, and SWOT analysis of each Blue Prism technology service vendors, to help readers to track the strategic developments of their competitors in the Blue Prism technology services market.

Key Developments

Blue Prism Group plc. recently established a strategic collaboration with Microsoft to provide its customers complete access to not only Microsoft’s expertise and advice, but also Microsoft’s next generation AI technologies. The company is planning to deliver exclusive Blue Prism technology services to its customers to help them incorporate intelligent automation and integrate digital workforce with cognitive solutions. The company also partnered with leading independent software vendors (ISV), such as TimelinePI, Ephesoft Inc., and XpertRule, to expand the ecosystem of its best-in-class Blue Prism technology service providers including Robotic Process Automation (RPA). Another player in the Blue Prism technology services market – Accenture plc. also announced to have expanded the capabilities of Accenture myWizard, Accenture’s intelligent automation platform that integrates AI solutions and tools, including Blue Prism technology services.

Other vendors in the Blue Prism technology services market, such as Deloitte Touche Tohmatsu Limited and Ernst & Young LLP, are putting their efforts into establishing their expertise in Blue Prism technology by acquiring various certifications. Unprecedented growth of the Blue Prism technology services market is attracting a mounting number of vendors to enter the market, making it a highly competitive and fragmented marketplace.

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