Last week, Everest Group’s new global RPA market report “Everest Group Robotic Process Automation Products PEAK Matrix® Assessment 2022” positioned UiPath, Automation Anywhere, Microsoft, SS&C Blue Prism and NICE as Leaders, based on an in-depth evaluation of diverse criteria assessing Vision, Capability, and Market Impact. Let’s learn about the report in more detail.
For a long time, RPA has remained a key enabler for enterprise automation. While the overall automation ecosystem is rapidly evolving through new technologies – such as Intelligent Document Processing (IDP), process mining, task mining, API-based automation, process orchestration, and conversational AI – these technologies only strengthen RPA, which continues to be a foundational element of enterprise automation. RPA provides a host of benefits to enterprises, including improved operational efficiency, enhanced customer and employee experience, and a workforce engaged in strategic activities. With Big Tech firms entering the space, RPA has become one of the fastest-growing software markets.
In the report mentioned above, Everest Group studied 23 RPA technology providers and categorized them as Leaders, Major Contenders, and Aspirants based on their capabilities and offerings. The research is meant to help buyers select the right-fit technology providers for their needs, while RPA providers will be able to benchmark themselves against each other.
As for the group of Leaders, the most significant change we can observe here (compared to last-year’s report) is the fact that Microsoft has entered the group, turned from a Major Contender into a Leader.
Check out the dynamic visualization of all the changes in the Everest Group PEAK Matrix® for RPA 2022 vs. 2021: