“What is the best RPA software?” we are commonly questioned. This is a subject we don’t like because the ideal software for your organization is determined by your firm’s automation requirements. So, while it’s difficult to answer this issue objectively. The RPA services and software features vary from one company to another.
RPA Companies Working In Terms of Funding and the Popularity
In this article, we will evaluate the top 5 RPA software suppliers below: UiPath, Automation Anywhere, Blue Prism, and Workfusion.
- UiPath RPA Top Services Provider
Currently, UiPath is in use. This is a strong indicator of success since investors are paying close attention to the RPA ecosystem and spending their own money on enterprises’ performance. As a result, the vendor with the finest funding might be the one who stood to benefit the most in the long term.
As a result, we examined at the top-funded RPA software companies:
The revenue generation of the Company is $2 billion for UiPath, which includes:
- In February 2021, $750 million was raised.
- In December 2020, $425K was raised.
- In July 2020, $225 million was raised.
- In April of this year, $568 million was raised.
- Automation Anywhere
Automation Anywhere was formed in 2003 and now offers a smart RPA platform that allows companies to streamline end-to-end systems and processes. The macro recorders, which captures the user executing operations and subsequently creates logic without any requirement for writing consecutive actions, is the most important element of Automation Anywhere program.
Automation Anywhere market cap is $853 million. It includes:
- In October 2021, $3.4 million was raised.
- In July 2021, $9.3 million was raised.
- In November of this year, $290 million was raised.
The oldest RPA services provider is Blue Prism, which was formed in 2001 and was purchased by Vista Equity in 2021 Q4. They proclaim to be the inventors of the phrase “Robotic Process Automation,” and they offer a smart automation platform that streamlines and automates the workforce.
The market cap of the automation anywhere is $155 million. It includes $55 million from earlier investors and $100 million from a post-IPO placement. In September 2021, BluePrism was sold to Vista Private Equity for $1.5 billion.
- WorkFusion Top-Quality RPA Services Provider
HFS scored WorkFusion #1 in organizational innovation when it was formed in 2010. WorkFusion is the first artificial intelligence-powered automation platform available to businesses (AI). WorkFusion provides hyper technology solutions for anti-money trafficking, banking services, and KYC operations using pre-trained bots.
The market cap is $341 million for WorkFusion, which includes:
- In March 2021, $220 million was raised.
- In April of this year, a total of $50 million was raised.
- WinAutomation by Softomotive
Softomotive was established in 2005 and purchased by Microsoft as part of Microsoft Management Automate in 2020. Softomotive offers businesses an end-to-end smart RPA solution.
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