Gartner is the world’s premier research and consultancy firm in the field of information technology. Robotic Process Automation (RPA), as per Gartner’s words, is an industry that allows authorized software platforms to create scripts that later on connect applications through a control panel as well as interactions.
Gartner has put out its third edition of Magic Quadrant for RPA software 2021 with the vendors raising the bar every year.
Taking this into consideration, let’s dive straight into the leaders of the Magic Quadrant for the year 2021.
Leaders in Magic Quadrant for RPA 2021
- Automation Anywhere
- Blue Prism
UiPath is a platform that aims to offer a user-friendly UX, and high-quality governance features and computer vision. This is why, as per Gartner’s Magic Quadrant report released in 2021, UiPath is a dominant figure in this industry. UiPath is spread across thousands of startups and companies worldwide, targeting multinational clients.
They provide clear services across the globe through end-to-end programs that support macOS and Linux along with excellent strategy employment. UiPath also provides data services that are cost-effective and low code apps as well.
UiPath assists in the creation of business value by integrating a variety of cloud and on-premises applications, including ERP and legacy systems which are why the automation processes at UiPath is starting to affect the current market.
It also has a solid portfolio, which includes a low-code UX app builder that contributes to the company’s value. By concentrating on its product strategy, UX app for automation, and viability, UiPath has gone a long way to establish itself as a leader in RPA and intelligent automation.
What’s more? The company possesses strong viability and stability. It has a revenue growth of 63% from 2019 to 2020, which is above the overall RPA market growth rate along with a $29 billion IPO.
Automation Anywhere has secured second place as a leader in the Gartner Magic Quadrant for RPA 2021. Due to their RPA platform, the Automation Anywhere Robotic Interface (AARI), IQ bot, Discovery bot (process discovery), analytic (insight bot), and market integration (store bot), Automation Anywhere secured this position.
Automation Anywhere has also globally dispersed its operations, and serves a balanced mix of large, midsized, and small businesses and further intends to create AARI in 2021 in order to extend the usage of RPA.AARI and AISense computer vision are at the heart of Automation Anywhere. MultipersonaUX, guided navigation, reusable AI/ML frameworks, solid security, and an analytic dashboard are all features of the RPA.
Automation Anywhere is also a very prominent cloud-native RPA platform that specializes in providing management, creation, and development for cloud platforms including Amazon and Google web services. Moreover, it offers fixed rates that are completely straightforward in regards to attended and unattended bots, analytics and capped documents.
Blue Prism is the magic quadrant third leader, the firm’s clientele incorporating major corporations. Blue Prism cloud, Automation Lifecycle Management (ALM), Captures interact, Decipher IDP, and Digital Exchange (DX) are among the key components that are used and dispersed all over the globe. With over 168,000 active RPA users and a community of over 50,000 DX users, the company gives its gratitude to its well-developed technology for its success.
Blue Prism has a very strong market strategy towards the industry, along with the right partners and proper tools to help. The firm’s product portfolio is carefully maintained through high levels of security along with a wide range of connections.
Microsoft Power Automate
Microsoft has made an entrance on the Magic Quadrant report for the very first time in terms of Robotic Process Automation (RPA).
Microsoft’s Power Automate RPA solution incorporates Microsoft’s Power Automate Desktop (PAD).
What’s more? The company’s business operations span across the globe; large corporations and small enterprises are among its clients. Microsoft’s strategy comprises API connections, which provide a high-quality recording experience, simpler installation, along with document processing.
Microsoft leverages Robotic Process Automation alongside API arraignments that combine different systems of record to build a unified, end-to-end platform.
Microsoft’s ecosystem further consists of a huge number of customers. It now has 15.8 million bots in development, with 1.5 million actions each day. Its services are available to a billion people every single day and the ecosystem functions without trouble.
Leaders in the RPA industry must demonstrate client demands as well as the ability to develop and launch a new product.
The top 4 Magic Quadrant leaders have a strong grasp of the market’s reality, a track record, and the ability to attract consumers. Each of them possesses a thorough understanding of the market vision and the capacity to carry it out.