Even against those firms it’s still a minnow, but after all you have to start somewhere and tactical process integration is as good a place as any. While one might argue that it is competing in a crowded business process integration market with the likes of heavyweights BEA, Oracle, SAP and IBM, it is in reality more likely to come up against less expensive and more tactical offerings from the likes of Attachmate, Seagull and NetManage. 'As you are well aware, the Enterprise Value of Blue Prism PLC is currently valued at approximately three times forward revenues - an 80 to 90 discount to the company's peers including UiPath.
#Ukbased blue prism partners software
A cursory glance at the limited number of press mentions on its site suggest it may even be time for the co-founders to bring in a CEO with experience of growing software companies to the next stage in their development. The company is still in start-up mode as evidenced by a somewhat basic web site. As well as Bathgate and Moss it has the benefit of being chaired by Richard Hargreaves, who was at 3i for 10 years before founding Baronsmead and then Endeavour Ventures. 10xDS is a Blue Prism partner streamlining processes of organizations and enterprises across the globe, leveraging Blue Prism Digital Workforce Platform.Blue Prism already has an impressive if moderate customer roster suggesting its technology does what it claims it does. The company offers enhanced operational capacity and ability to streamline mission-critical operations and business processes catering to a wide range of requirements, offering advanced security, compliance, and scalability. About Blue Prismīlue Prism Group PLC, a UK based software company, is a market leader and one of the pioneers in Robotic Process Automation (RPA) delivering connected Digital Workforce across global enterprises. The combination of Blue Prism’s market-leading RPA solutions and SSC&S’s top position in the industries can deliver the best service and experience for the customers. Ultimately it can also hold immediate value for shareholders and benefits for the stakeholders.Īccording to Bill Stone, the CEO of SS&C, a core part of SS&C’s value proposition is to drive efficiencies for customers and Blue Prism can help in fulfilling this. It will help in ensuring that Blue Prism remains at the forefront of the next generation of Intelligent Automation and continue to provide innovative products and services. These industries perfectly align with Blue Prism’s customer base.īlue Prism chief Jason Kingdon said that the combination with SS&C will offer access to significant capital resources and investment in R&D alongside access to SS&C’s extensive 18,000 customers. Chorus caters to complex, regulated industries, with 580 customers word-wide across sectors such as banking, financial services, insurance, and healthcare. We were able to see the acquisition of several RPA start-ups by large vendors in 2020. After the acquisition is complete, Blue Prism will be integrated with the Chorus Intelligent Automation Solutions business, which is one of SS&C’s portfolio companies. Octo1.32k One of the pioneers in the RPA (Robotic Process Automation) market was recently sold for 1.5 billion US dollars to Vista Equity Partners. Blue Prism is the only RPA provider and UK-based company to be recognized. The company is also the largest mutual fund transfer agency. At Blue Prism, we pioneered Robotic Process Automation (RPA), emerging as the. SS&C Technologies Holdings is the leading hedge fund and private equity administrator in the world. SS& C won the bid in a 1.24 billion pounds ($1.65 billion) offer, after outbidding Vista Equity Firms. British software firm Blue Prism, one of the pioneers in the RPA (Robotic Process Automation) market, agreed to a takeover bid from the American Hedge fund and private equity administrator SS&C Technologies.
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