Everest Group Issues Latest Assessment of RPA Technology Vendors as Market Becomes Increasingly Complex, Competitive

DALLAS, July 1, 2019 /PRNewswire-PRWeb/ -- Everest Group today released its evaluation of 22 leading robotic process automation (RPA) technology vendors, a report designed to assist the growing number of enterprises, global in-house centers (GICs) and service providers that are investing in RPA technology.

With all the hype, it is easy to forget that RPA is still a burgeoning market with technologies that are relatively new to many potential buyers in terms of product features, deployment options, training and support, partner ecosystem and commercial models. The technologies are also evolving, with an expanding feature set and increasing richness of functionality.

In 2015, Everest Group became the first analyst firm to assess Service Delivery Automation technologies, including RPA and AI software applications. The report released today — Robotic Process Automation (RPA) – Technology Vendor Landscape with Products PEAK Matrix™ Assessment 2019 — is the fourth edition of this landmark research.

"The market for RPA technology is becoming more complex, with highly competitive and evolving product offerings," said Sarah Burnett, executive vice president and distinguished analyst at Everest Group. "The Everest Group Products PEAK Matrix™ is an unbiased assessment that uncovers vendor and product differentiators to identify the leaders in RPA technology based on research that goes deep into the vendors performance and product details, features, functionalities and more."

Everest Group classifies RPA technology vendors on the Everest Group Products PEAK Matrix™ into the three categories of Leaders, Major Contenders, and Aspirants:

• Leaders: Automation Anywhere, Blue Prism, NICE and UiPath
• Major Contenders: Another Monday, AntWorks, EdgeVerve, HelpSystems, Jacada, Jidoka, Kofax, Kryon, Pegasystems, Servicetrace, Softomotive, Thoughtonomy and WorkFusion
• Aspirants: AutomationEdge, Datamatics, Intellibot, Nintex and Nividous

AntWorks, Automation Anywhere, Datamatics, Softomotive and UiPath demonstrated the strongest year-over-year movement on both market impact and vision-and-capability dimensions and emerged as "2019 RPA Market Star Performers."

Automation Anywhere, Blue Prism and UiPath are the top vendors in terms of RPA license revenue, closely followed by NICE. Pegasystems leads in terms of revenue from attended RPA (also known as robotic desktop automation, or RDA) licenses.

These findings and more are detailed in Robotic Process Automation (RPA) – Technology Vendor Landscape with Products PEAK Matrix™ Assessment 2019. In addition to providing the classification and detailed assessment of 22 RPA technology vendors, the report describes the competitive landscape of the RPA market, outlines key RPA technology trends, and provides a snapshot of the supply and demand for assisted RPA/RDA capabilities.

***Download a complimentary abstract of the report***

Everest Group Leads Analyst Community with Unmatched RPA Credentials
A dedicated team of Everest Group analysts has been conducting in-depth research and analysis of the RPA market and technologies for more than five years, creating a wake of industry leadership in the space. Everest Group was the first analyst firm to:

• Publish game-changing research into what the best-in-class enterprises are doing differently to accelerate adoption of RPA and generate greater business value.
• Conduct an industry-critical survey of 72 executives from enterprises to establish thought leadership on defining the key characteristics of an enterprise-grade RPA platform.
• Publish a robust industry playbook (over 200 pages) with insights, methodologies, and practical advice to help enterprises develop winning strategies to achieve best-in-class business outcomes from their Smart RPA investments.

"Everest Group is deeply committed to and invested in providing potential RPA technology investors with an accurate and in-depth assessment of their options," said Amardeep Modi, practice director of Service Optimization Technologies at Everest Group. "At the heart of our robust research approach is our proprietary database of over 22 RPA technology vendors—we track detailed operational, market and product-related information of each vendor. Layered atop that data are insights gleaned from a comprehensive request-for-information, in-depth vendor briefings, live product demonstrations and feedback from referenced buyers. Comprehensively, this body of knowledge sets Everest Group apart as the leading expert on RPA technology vendors."

About Everest Group
Everest Group is a consulting and research firm focused on strategic IT, business services, engineering services, and sourcing. We are trusted advisors to senior executives of leading enterprises, providers, and investors. Our firm helps clients improve operational and financial performance through a hands-on process that supports them in making well-informed decisions that deliver high-impact results and achieve sustained value. Our insight and guidance empowers clients to improve organizational efficiency, effectiveness, agility and responsiveness. What sets Everest Group apart is the integration of deep sourcing knowledge, problem-solving skills and original research. Details and in-depth content are available at http://www.everestgrp.com.

SOURCE Everest Group