Latest news with #MihirShukla
Yahoo
21-05-2025
- Business
- Yahoo
Automation Anywhere Named a Leader in IDC MarketScape: Worldwide Business Automation Platforms 2025 Vendor Assessment
SAN JOSE, Calif., May 21, 2025 /PRNewswire/ -- Automation Anywhere today announced its position as a Leader in the IDC MarketScape: Worldwide Business Automation Platforms (BAPs) 2025 Vendor Assessment (Doc #US52034624e). A copy of the IDC MarketScape excerpt is available here. According to the IDC MarketScape report, "Business automation technologies have evolved from fragmented solutions into comprehensive business automation platforms (BAPs). These platforms enable enterprises to address diverse process improvement needs through a single system supporting multiple integrated automation technologies. By eliminating the complexity and cost of managing and integrating multiple disparate technologies, enterprises use these platforms to decrease time to value at a lower unit cost as they automate and improve their business processes." The report noted that, "Organizations heavily focused on executing an automation strategy or focused on agentic process automation should consider Automation Anywhere." "We expect to see business automation platforms play a major role in broadening the use of automation as GenAI is used to simplify development and AI agents used to automate knowledge-centric tasks," said Maureen Fleming, program vice president, Convergence of AI and Automation at IDC. "Over the next several years, AI agents combined with orchestration and human-in-the-loop interactivity with copilots will largely disrupt how our enterprise processes operate." The IDC MarketScape highlights several additional strengths exhibited by Automation Anywhere, supporting the company's position as a Leader, which include: "Strong vision for use of AI-powered solution development and delivery of agentic automation capabilities, with the opportunity to disrupt how business processes are traditionally built and executed." "Strong RPA and human-in-the-loop task management capabilities, especially with its near-real-time self-healing capabilities." "Support for SaaS or managed hosting on AWS, Google Cloud Platform, and Azure." "Efficient collaboration between the Automation Anywhere team and clients that ensures timely updates on potential core technical issues during new version releases (This helps clients identify potential compatibility problems and ensures smooth transitions)." "We believe Automation Anywhere's long history of being a Leader in the automation space, from RPA to today's advanced Agentic Automation, is validated by this IDC MarketScape recognition," said Mihir Shukla, co-founder and CEO at Automation Anywhere. "We leverage this expertise to provide our customers with the most innovative and comprehensive solutions, ensuring they can confidently embrace the automation-first era and accelerate their journey toward becoming an Autonomous Enterprise." For inclusion, vendors had to operate in at least two regions worldwide, utilize two or more automation or AI technologies as part of their platform, and offer complex orchestration capabilities utilizing multiple task automation and connectivity technologies. About Automation Anywhere Automation Anywhere is the leader in Agentic Process Automation (APA) and guided by its vision to fuel the future of work by unleashing human potential through automation. Learn more at About IDC MarketScape IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors. Logo - View original content: SOURCE Automation Anywhere, Inc.
Globe and Mail
26-03-2025
- Business
- Globe and Mail
Automation Anywhere Reports Largest Non-GAAP Bookings Quarter in Company's History & Exceeded FY25 EBITDA Guidance
Growth Driven by Demand for Agentic Process Automation (APA) has Fueled the Autonomous Enterprise Across Sectors SAN JOSE, Calif. , March 26, 2025 /CNW/ -- Today Automation Anywhere, the leader in Agentic Process Automation (APA), announced its financial results for Q4 and Fiscal Year 2025, highlighting its largest non-GAAP bookings quarter in the company's history, sustained year over year growth, and operational excellence. The company exceeded its EBITDA guidance for the year, reinforcing its ability to scale efficiently while driving adoption of its APA offerings. Key FY25 Business Highlights Strong momentum in million-dollar plus deals with 150%+ growth year-over-year and double-digit growth in deals greater than $200,000 . The APA System has a 38% attach rate within our installed base, alongside a 90% year-over-year growth in bookings. Our advanced APA System is gaining recognition from companies, leading them to switch from competitors, including one of the world's largest personal computing firms. Customers and partners who use our APA System have executed a total of 655,000 AI Agents. Remaining Performance Obligation (RPO) surged by an impressive 30%+, reflecting strong customer demand and long-term revenue momentum. Closed the fiscal year with a strengthened financial position, bolstered by a growth in cash balance and increased free cash flow. "Automation Anywhere has quickly established itself as the leader in Agentic Process Automation driving the Autonomous Enterprise, which is not a distant vision; it's a present reality," said Mihir Shukla , founder and CEO of Automation Anywhere. "Delivering our largest non-GAAP bookings quarter in the company's history while exceeding EBITDA guidance reinforces the strength of our business model and growing demand for our APA System around the world and across key industries. Unlike others who speak of future AI possibilities, APA is here now, transforming industries and driving measurable impact. We are committed to leading this transformation and continuing to deliver tangible value to our partners and customers." For years, Robotic Process Automation (RPA) has helped businesses begin their digital transformation and automate up to 40% of their tasks. To help businesses accelerate their AI adoption journey and run complex processes autonomously, Automation Anywhere created the Agentic Process Automation (APA) category which builds on the company's legacy as a leader in RPA and drives the evolution of the autonomous enterprise. APA empowers businesses to orchestrate teams of AI agents, bots, APIs and people across various applications and cloud platforms, utilizing large language models. The APA System fundamentally transforms business operations. By fully integrating AI-driven automation, companies can significantly reduce manual workloads, improve accuracy, and speed up processes. This shift allows their workforce to focus on high-impact strategic initiatives. Additional Highlights in FY25: Industry Recognition: Automation Anywhere was named a Leader in The Forrester Wave™: Task-Centric Automation Software, Q4 2024. Awards & Recognition: Automation Anywhere was recognized as America's Top Loved Workplaces® list, published by Newsweek and developed by Most Loved Workplace®. Selected as the Fast Company World Changing Ideas 2024 award winner in the Corporate Social Responsibility category. Strategic Alliances: Announced at World Economic Forum at Davos in January 2025 , Automation Anywhere and PwC India strengthened their partnership by integrating advanced AI Agents capabilities into PwC India's proprietary Intelligent Spend Management Suite (ISMS). Product Innovation: The company unveiled its new APA System, featuring second-generation GenAI Process Models and AI Agents for complex cognitive tasks. This includes new offerings such as AI Agent Studio for building custom autonomous AI Agents, Automator AI with Generative Recorder and enhanced Autopilot, improved Document Automation, and a conversational Automation Co-Pilot integration with Amazon Q. Additional Resources: Learn more about the autonomous enterprise Request a live demo Register for Imagine, our annual user conference Automation Anywhere's fourth quarter and fiscal year ended January 31, 2025 . As a private company, Automation Anywhere does not disclose detailed financial information. About Automation Anywhere Automation Anywhere is the leader in Agentic Process Automation and guided by its vision to fuel the future of work by unleashing human potential through automation. Learn more at Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester's objectivity here .
Associated Press
26-03-2025
- Business
- Associated Press
Automation Anywhere Reports Largest Non-GAAP Bookings Quarter in Company's History & Exceeded FY25 EBITDA Guidance
Growth Driven by Demand for Agentic Process Automation (APA) has Fueled the Autonomous Enterprise Across Sectors SAN JOSE, Calif., March 26, 2025 /CNW/ -- Today Automation Anywhere, the leader in Agentic Process Automation (APA), announced its financial results for Q4 and Fiscal Year 2025, highlighting its largest non-GAAP bookings quarter in the company's history, sustained year over year growth, and operational excellence. The company exceeded its EBITDA guidance for the year, reinforcing its ability to scale efficiently while driving adoption of its APA offerings. Key FY25 Business Highlights Strong momentum in million-dollar plus deals with 150%+ growth year-over-year and double-digit growth in deals greater than $200,000. The APA System has a 38% attach rate within our installed base, alongside a 90% year-over-year growth in bookings. Our advanced APA System is gaining recognition from companies, leading them to switch from competitors, including one of the world's largest personal computing firms. Customers and partners who use our APA System have executed a total of 655,000 AI Agents. Remaining Performance Obligation (RPO) surged by an impressive 30%+, reflecting strong customer demand and long-term revenue momentum. Closed the fiscal year with a strengthened financial position, bolstered by a growth in cash balance and increased free cash flow. 'Automation Anywhere has quickly established itself as the leader in Agentic Process Automation driving the Autonomous Enterprise, which is not a distant vision; it's a present reality,' said Mihir Shukla, founder and CEO of Automation Anywhere. 'Delivering our largest non-GAAP bookings quarter in the company's history while exceeding EBITDA guidance reinforces the strength of our business model and growing demand for our APA System around the world and across key industries. Unlike others who speak of future AI possibilities, APA is here now, transforming industries and driving measurable impact. We are committed to leading this transformation and continuing to deliver tangible value to our partners and customers.' For years, Robotic Process Automation (RPA) has helped businesses begin their digital transformation and automate up to 40% of their tasks. To help businesses accelerate their AI adoption journey and run complex processes autonomously, Automation Anywhere created the Agentic Process Automation (APA) category which builds on the company's legacy as a leader in RPA and drives the evolution of the autonomous enterprise. APA empowers businesses to orchestrate teams of AI agents, bots, APIs and people across various applications and cloud platforms, utilizing large language models. The APA System fundamentally transforms business operations. By fully integrating AI-driven automation, companies can significantly reduce manual workloads, improve accuracy, and speed up processes. This shift allows their workforce to focus on high-impact strategic initiatives. Additional Highlights in FY25: Industry Recognition: Automation Anywhere was named a Leader in The Forrester Wave™: Task-Centric Automation Software, Q4 2024. Awards & Recognition: Automation Anywhere was recognized as America's Top Loved Workplaces® list, published by Newsweek and developed by Most Loved Workplace®. Selected as the Fast Company World Changing Ideas 2024 award winner in the Corporate Social Responsibility category. Strategic Alliances: Announced at World Economic Forum at Davos in January 2025, Automation Anywhere and PwC India strengthened their partnership by integrating advanced AI Agents capabilities into PwC India's proprietary Intelligent Spend Management Suite (ISMS). Product Innovation: The company unveiled its new APA System, featuring second-generation GenAI Process Models and AI Agents for complex cognitive tasks. This includes new offerings such as AI Agent Studio for building custom autonomous AI Agents, Automator AI with Generative Recorder and enhanced Autopilot, improved Document Automation, and a conversational Automation Co-Pilot integration with Amazon Q. Additional Resources: Learn more about the autonomous enterprise Request a live demo Register for Imagine, our annual user conference Automation Anywhere's fourth quarter and fiscal year ended January 31, 2025. As a private company, Automation Anywhere does not disclose detailed financial information. About Automation Anywhere Automation Anywhere is the leader in Agentic Process Automation and guided by its vision to fuel the future of work by unleashing human potential through automation. Learn more at Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester's objectivity here.
