BTerrell Group Blog

The Market Mogul: Robotic Process Automation Market: Where Is It At?

Posted by Brian Terrell on Mon, Mar 19, 2018

The robotic process automation market has been witnessing a vast number of strategic M&As in recent years. These proactive initiatives have profitably leveraged the robotic process automation industry growth, as per experts. Citing an instance, Accenture PLC, an IT service provider, has acquired Genfour Limited, an information management service company and a global leader in the RPA and AI delivery sector, with an aim to consolidate its position in the overall robotic process automation market. Through this deal, Accenture aims to develop and apply machine learning across complicated IT processes to automate them and improve the overall operational effectiveness.  The need to automate the IT services through machine learning, big data analytics and artificial intelligence will thus impel the overall RPA market share in the ensuing years.

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Tags: RPA_All