Overview of Automation Anywhere
Automation Anywhere is a leading robotic process automation (RPA) solution provider. It has recently acquired FortressIQ, an AI-powered process discovery platform, to further bolster its capabilities.
This article will provide an overview of the Automation Anywhere platform, including its features and benefits.
What is Automation Anywhere?
Automation Anywhere is a leading provider of enterprise-grade, intelligent automation solutions. With its intelligent automation platform, Automation Anywhere helps customers drive operational efficiency by automating tedious and repetitive tasks. The platform allows for the scalability of robotic process automation (RPA) programming, allowing organizations to focus on their core business operations and achieve greater agility in enterprise operations. Automation Anywhere also enables workflows to be automated across various applications, servers and platforms.
Automation Anywhere is designed for enterprises of all sizes, from start-ups to large organizations. It eliminates mundane and time-consuming manual processes, often hindering an organization’s ability to grow or innovate quickly. Automation Anywhere frees up valuable resources by taking over the most common and redundant tasks so that employees can focus on more strategic business objectives — leading to increased efficiency and productivity gains across the company.
Recently, Automation Anywhere has launched its AI-powered process discovery platform called FortressIQ that it acquired in 2019 – this platforms makes it easy for enterprises to discover existing processes and then suggest options for how they can be automated or improved with robotic process automation through AI technologies such as computer vision, natural language processing (NLP), context understanding and machine learning (ML). These advancements are ushering in huge transformations within the enterprise landscape, creating opportunities for far more streamlined workflows that help teams run their businesses faster and more efficiently than ever before.
What is FortressIQ?
FortressIQ is a process discovery platform designed to enhance the Automation Anywhere platform. FortressIQ’s platform leverages artificial intelligence to provide full visibility into processes from within existing automation frameworks. It does this through computer vision and natural language processing technologies that enable organizations to quickly detect and analyze sophisticated data-driven processes.
By looking at business applications, FortressIQ can map processes based on user actions and application traffic in real time – eliminating the need for data capture or manual process discovery. This helps organizations uncover operational risks, monitor compliance activities and optimize operational performance while reducing manual effort associated with process mapping and optimization efforts.
In addition, FortressIQ’s RealXR technology also provides an immersive AI-driven experience that allows teams to simulate different scenarios in 3D spaces to understand how specific changes could impact their businesses or how robotic solutions can be applied most efficiently within an organization. RealXR also allows users to quickly iterate solutions across different scenarios without scripting or development, reducing implementation time and speeding up the delivery of new automated solutions.
Automation Anywhere’s Acquisition of FortressIQ
To expand their offering, Automation Anywhere recently acquired FortressIQ, a process discovery platform powered by Artificial Intelligence. This acquisition demonstrates Automation Anywhere’s commitment to helping organizations streamline their operations by leveraging the latest innovations in automation and AI.
Through this acquisition, Automation Anywhere’s customers now have access to a more powerful process discovery platform that can potentially increase their operations’ efficiency. Let’s look at how Automation Anywhere’s platform works and how the acquisition of Fortress IQ will benefit their customers.
What was the purpose of the acquisition?
Automation Anywhere, Inc., a robotic process automation (RPA) leader, recently announced its acquisition of FortressIQ, an artificial intelligence (AI) platform that enables companies to discover and visualize their manual processes.
This acquisition will help Automation Anywhere expand its suite of intelligent automation products and services, helping prioritize and quickly automate the most relevant processes for their customers.
The addition of FortressIQ’s AI-powered process discovery technology provides Automation Anywhere with a comprehensive end-to-end solution for automating business processes quickly, accurately and securely from the discovery phase through design, development and deployment. This new technology gives companies access to intelligent process mapping capabilities throughout their enterprise. With the FortressIQ platform, users can now gain insights into their existing operations to identify automation opportunities while streamlining key steps in the RPA development lifecycle.
By adding FortressIQ to their portfolio of products and services, Automation Anywhere can provide advanced technologies that empower enterprises across industries with a comprehensive automation solution designed to address today’s most pressing business challenges – from uncovering inefficient manual processes to rapidly deploying secure solutions at scale. With this added capability, Automation Anywhere has become an all-in-one solution provider for process orchestration and automation.
What benefits will Automation Anywhere gain?
Automation Anywhere’s acquisition of FortressIQ will allow the company to gain access to its AI-powered process discovery platform. This platform enables companies to quickly and accurately map, analyze and monitor the processes across their organizations in real time. With this powerful tool, Automation Anywhere customers can rapidly identify and capture business process insights across their entire organization, including manual and automated processes.
This acquisition also significantly leaps forward for Automation Anywhere’s Intelligent Digital Process Automation (IDPA) platform. IDPA combines sophisticated analytics with an advanced automation engine that helps drive intelligent decision-making for manual, robotic and cognitive processing automation tasks. With the addition of FortressIQ’s powerful AI capabilities, customers can generate accurate data-driven insights that enable them to take actionable decisions in real time. They can also use these insights to forecast their operations to maintain better control over processes and demands.
Furthermore, this move further enhances Automation Anywhere’s holistic suite of capabilities by adding layer of expertise in AI, NLP, and employing unique machine learning models. This comprehensive technology stack strengthens the company’s position as a market leader by providing advanced technology solutions for businesses looking to leverage automation tools for process optimization and innovation.
Automation Anywhere buys FortressIQ for its AI-powered process discovery platform
Automation Anywhere, the leading Robotic Process Automation (RPA) provider, recently acquired FortressIQ, an AI-powered process discovery platform. This acquisition significantly strengthens Automation Anywhere’s capabilities and demonstrates the value of the company’s AI-powered process discovery platform.
Integrating the platform into Automation Anywhere’s existing portfolio of RPA solutions will open up new possibilities for organizations looking to capitalize on the potential of automation.
Let’s take a closer look at how this platform works and how Automation Anywhere is using it to revolutionize the RPA industry.
What is the Process Discovery Platform?
Automation Anywhere’s AI-powered process discovery platform is a set of tools and technologies designed to help optimize automated process tasks. Through its acquisition of FortressIQ, Automation Anywhere now provides an AI-based solution that enables customers to discover, document, and analyze their existing processes before automating them. The company also claims that the platform will enable customers to identify opportunities for optimization and cost savings in their operations by offering insights into how automation can be used effectively.
The platform works by collecting data from the customer’s systems and then analyzing it for patterns that indicate inefficient processes or other areas for improvement. To accomplish this, Automation Anywhere uses a combination of AI-powered algorithms and machine learning techniques to detect inefficiencies in how the customer’s operations are currently running. Once identified, customers can use this information to adjust their processes to make them more efficient or take advantage of automation opportunities.
The Process Discovery Platform is designed to be easy to use with minimal training required. It offers detailed analytics on performance of individual applications and overall performance across multiple applications. In addition, the platform also provides guidance on best practices for creating effective automation solutions using Automation Anywhere’s range of products and services, enabling customers to gain the most out of their investments in the company’s solutions.
What are the features of the platform?
The Automation Anywhere platform is an AI-powered process discovery platform that uses artificial intelligence to help companies detect, analyze, and improve their existing business processes. The platform is powered by FortressIQ’s machine learning technology and advanced analytics to quickly pinpoint areas of inefficiencies and potential opportunities for improvement.
Combined with Automation Anywhere’s end-to-end automation capabilities, it offers the ability to rethink processes at scale, improving performance while driving down costs. The AI-powered platform provides the following features:
1) Process Discovery: Users gain deeper insights into their operations through automated data collection, auditing and analysis of structured and unstructured data sources. This helps identify areas of inefficiency and potential opportunities for improvement.
2) Process Visualization: With interactive dashboards and charts that enable intuitive visualization of discovered processes across teams, users can quickly spot inefficiencies, track progress of improvements over time and get a full picture of the most pressing issues requiring attention and action.
3) Root Cause Analysis: Automation Anywhere’s AI-powered investigation capabilities help uncover additional helpful insights into cause and effect relationships between different variables within a process or across assets; this helps identify not just where manual intervention or automation should be introduced but why they should be introduced to maximize the impact on performance outcomes.
4) Process Automation Design : With the information gleaned from discovery investigations, users are able unlock potential efficiencies through use cases such as bots that perform repetitive tasks with high precision normally carried out by humans; this helps facilitate higher levels of accuracy across various tasks leading to improved business outcomes over time with less resources used up on mundane roles.
How does the platform benefit businesses?
Automation Anywhere’s AI-powered process discovery platform combines the power of artificial intelligence and cloud-based workflow automation to provide a platform that allows users to discover, understand and automate their existing business processes. In addition, the platform provides an automated “intelligence layer” on top of existing operations, allowing businesses to harness sophisticated AI-driven analytics insights faster. With Automation Anywhere’s AI-powered process discovery platform, businesses can quickly identify key trends and anomalies in their operations, gain a deeper understanding of their workflows, detect bottlenecks and prioritize areas for improvement in real time.
The platform includes several features that allow businesses to generate new value opportunities from their existing business processes: Intelligent Process Analysis (IPA) uses machine learning algorithms to learn patterns of study and analyze user activities across multiple applications; Collaborative Form Automation (CFA) allows users to create forms without the need for coding knowledge; Process Discovery Bot (PDB) is an AI library that identifies the steps within a process and can automate those steps; Botsight helps people keep track of bots including scheduling bots, setting up discovery sessions, training bots and analyzing performance; Enterprise Flow Map (EFM) provides visual dashboards that allow users to see, discover and analyze unknown or hidden relationships between data; Business Process Management Suite (BPMS) provides insights into existing organizational processes by mapping them back to underlying digital assets like systems or services.
By automating workflows with Automation Anywhere’s powered process discovery platform, businesses can reduce manual labor costs while increasing short- and long-term efficiency. As digital transformation continues, reliable automation solutions become increasingly important. With its wide range of technology tools integrated into one robust solution set, Automation Anywhere’s AI-powered process discovery platform has become valuable for many companies seeking improved operational visibility and control.
Automation Anywhere’s Future Plans
Automation Anywhere recently acquired FortressIQ, a company specializing in the discovery of processes, to enhance their AI-powered process discovery platform. This move signals one of Automation Anywhere’s plans to expand their Automation capabilities on the Industrial Internet of Things.
Let’s look at what this could mean for Automation Anywhere’s business model.
What are Automation Anywhere’s plans for the future?
Automation Anywhere aims to become a leader in the automation space by leveraging its AI-powered process discovery platform. Automation Anywhere recently announced its purchase of FortressIQ, an advanced robotic process automation (RPA) and computer vision technology company, to bring even more advanced technologies and capabilities into their existing products. This acquisition helps solidify Automation Anywhere’s position as a global leader in cognitive RPA technology, allowing users to automate complex processes across several industries.
Moving forward, Automation Anywhere plans to combine the power of their existing platform with FortressIQ’s intelligent process discovery capabilities, enabling them to discover, document and optimize end-to-end business processes faster and more accurately than ever before. This will allow companies to reduce manual processes and introduce operational efficiencies.
Additionally, Automation Anywhere focuses on further expanding its global presence through strategic partnerships with leading industry players. This will help accelerate the development of modern cloud RPA solutions globally, ensuring that vital components are available for all customers regardless of their geographic location or technology stack.
Finally, Automation Anywhere is determined an integral role in bringing modern digital transformation strategies into fruition through its innovative AI-driven solutions from FortressIQ and by utilizing machine learning algorithms to gain greater insights from customer data sets than ever before. This will ultimately help organizations optimize existing strategies while introducing new ways of boosting productivity and enhancing user experiences worldwide.
How will the acquisition of FortressIQ help Automation Anywhere reach its goals?
The recent acquisition of FortressIQ by Automation Anywhere is expected to help the company reach its strategic goals in many ways. FortressIQ’s technology for AI-powered process discovery, which leverages an AI-powered agent to observe the processes of an organization and then create a step-by-step document indicating how tasks should be handled, is a key component that Automation Anywhere wanted to add to extend their service offerings.
This new technology — which includes visualization tools that provide deeper insight into business processes — gives Automation Anywhere’s customers unprecedented levels of control and automation rather than just basic task development. FortressIQ allows Automation Anywhere to improve data accuracy, increase process visibility, and optimize time spent on manual processes — all important goals for any company utilizing automation services.
Furthermore, this newly acquired technology has maximum scalability capabilities, enabling Automation Anywhere to tap into new markets with its current customer base while creating opportunities for others like banks, healthcare institutions and government organizations that have yet to adopt robotic process automation (RPA). With this innovation, these organizations now have access to groundbreaking levels of RPA not previously available in the market.
By pairing its existing skills with those from FortressIQ, Automation Anywhere sets itself up as a leader in AI technology for both complete tasks and small parts by leveraging a highly intelligent platform that delivers unparalleled capabilities. This partnership was strategically chosen due to their commitment to delivering superior customer experience and effectively combining cognitive technologies such as machine learning models and natural language processing into corporate workflows quickly and easily.
Conclusion
Automation Anywhere has consistently worked to expand the capabilities of its platform. With the acquisition of FortressIQ, Automation Anywhere has a comprehensive AI-powered process discovery platform, giving customers greater insight and control over their business operations.
In this article, we looked at the features of Automation Anywhere’s platform and how acquiring FortressIQ will bring extra value.
Summary of Automation Anywhere’s platform
Automation Anywhere is the world’s leading robotic process automation (RPA) enterprise platform, providing digital workers with powerful tools and capabilities to drive end-to-end automation of mission-critical business processes. Automation Anywhere has developed an AI-powered process discovery platform that uses data science, machine learning, natural language processing and computer vision technologies to automate processes across different industries.
The platform can detect patterns within processes, identify bottlenecks and make intelligent decisions based on the data gathered. It can automatically generate end-to-end workflows based on identified opportunities, enable teams to effectively manage complex projects and rapidly respond to market or customer base changes. In addition, it helps organizations track performance against KPIs while they optimize operations through workflow automation.
To further enhance its RPA capabilities, in November 2019 Automation Anywhere acquired FortressIQ for its AI-powered process discovery platform, leveraging computer vision and deep learning capabilities. This acquisition bolsters Automation Anywhere’s suite of RPA solutions by allowing users to quickly identify inefficient processes or expensive manual activities that can be automated or replaced with digital automation techniques such as Robotic Processing Automation (RPA). With this power of AI , businesses can accelerate their digital transformation journey from task robots performing basic operations towards intelligent robots taking part in dynamic decision making scenarios like customer engagement etc.
Summary of the benefits of Automation Anywhere’s acquisition of FortressIQ
As a result of Automation Anywhere’s acquisition of FortressIQ, users obtain access to an AI-powered process discovery platform which significantly optimizes their automation goals. FortressIQ uses Machine Learning models and technology combined with Natural Language Processing capabilities to enable the automated discovery and understanding of processes. The combined workflow insight brings greater visibility and transparency into the customer’s automated process, providing insight for further optimization.
By leveraging existing data sources such as application logs, email link analysis, chat systems, documents, etc., FortressIQ automatically builds visual process maps. With activity-based algorithms, it helps identify anomalies in the customer’s workflow that would otherwise be difficult to detect. In addition, it also offers powerful tools such as automated process recommendations and business impact mapping that enable customers to better understand their entire automation environment and make informed decisions around their automation initiatives.
Overall, Automation Anywhere’s acquisition of FortressIQ provides a comprehensive suite of solutions designed to streamline processes while delivering actionable insights that lead to improved customer experience and cost savings.
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