Tag Archives: Acquisition

Hyland acquires RPA software provider Another Monday

Acquisition complements Hyland’s platform and rich product portfolio of automation and integration tools

Hyland, a leading content services provider, announced its acquisition of Another Monday, a German-based robotic process automation (RPA) software developer. The addition of a feature-rich, end-to-end RPA software solution that is highly configurable extends Hyland’s process automation capabilities and strengthens its content services product portfolio.

Another Monday was positioned as a Visionary by Gartner in the Magic Quadrant for Robotic Process Automation Software 2019. Its four complementary software products will enable Hyland’s customers to augment existing process automation solutions with innovative RPA functionality.

“Adding RPA to Hyland’s content services platform extends and augments our low-code process automation offerings, enabling a next level of digital transformation to all of our customers,” said Bill Priemer, president and CEO of Hyland. “We look forward to getting to know our Another Monday colleagues, welcoming our new customers and partners to the Hyland community and incorporating this powerful technology into our existing solutions.”

“The RPA market is an exciting and challenging space with rapid growth and a vast number of possible applications that organizations can easily combine and integrate for better and more flexible business processes support,” said Hans Martens, CEO of Another Monday. “We see Hyland as the best fit to embed our RPA technology into their powerful automation platform, to truly implement easy, end-to-end automation for everyone.”

Now, more than ever, organizations globally face an imperative to leverage automation tools to address business challenges as part of accelerated digital transformation initiatives. The addition of RPA technology is an integral component of Hyland’s intelligent automation strategy and a natural fit for its customer base — with broad, dynamic use cases across the industries and regions Hyland serves.

Hyland will continue to support Another Monday’s current solutions and customers as it integrates the technology into existing platform offerings.

Nintex Acquires Robotic Process Automation Provider EnableSoft

Nintex today announced its acquisition of Robotic Process Automation (RPA) provider EnableSoft, maker of Foxtrot RPA, to bring Nintex customers and partners powerful, easy-to-use RPA capabilities with the fastest time to value.

Among RPA vendors, Foxtrot RPA stands out for “Time to First Value” whether integrating existing processes or building bots from scratch. Thanks to Foxtrot’s combination of both power and ease, the time it takes organizations to recognize real, tangible benefits is hours and days, rather than weeks or months. One U.S. bank, which doubled its assets while keeping flat operations costs, attributes this success to its use of Foxtrot RPA.

“Acquiring EnableSoft Foxtrot RPA delivers on Nintex’s strategic plan for offering the industry’s most complete process platform to manage, automate and optimize business processes across all departments and industries,” said Nintex CEO Eric Johnson. “Foxtrot RPA aligns perfectly with our product design principles: to make solutions that are powerful and easy to use, drive fast time to value, lowest total cost of ownership, and incredible satisfaction. Operations, IT and process professionals use the Nintex Process Cloud to quickly improve how people work, with clicks not code, to deliver robust and flexible solutions to help improve their operations and digitally transform their businesses.”

Maureen Fleming, program vice president of IDC’s Intelligent Process Automation research program, added, “RPA is perfect for breaking down a manual task into automatable steps, and workflow is great for connecting – or gluing – those steps together, ensuring they are completed correctly and able to advance to the next step in a larger business process. RPA and workflow work together to increase the volume of process work that can be automated, and now Nintex offers both.”

Every company has repeatable processes and tasks that can benefit from automation like RPA. Foxtrot offers a platform to make the creation and deployment of RPA bots faster and easier than ever before making it cost effective, enabling a broader set of people and delivering rapid ROI. Foxtrot has gained significant traction in regulated industries, including financial services, banking and healthcare, because of its approach to RPA. Today hundreds of organizations turn to the Foxtrot platform to successfully automate their processes.

“Nintex is providing enterprises with a complete digital business platform that can handle everything from workflow and content automation to digital transaction management to the last mile of automation with RPA,” said Aragon CEOJim Lundy. “Nintex has transformed from its roots in workflow automation to becoming one of the most complete process platforms on the market today.”