Blue Prism deal adds RPA to Tibco software product range
Summary
The investment firm behind Tibco has announced the acquisition of robotic process automation (RPA) business Blue Prism. Gartner’s Magic Quadrant report for robotic process automation, published in July 2021, classifies Blue Prism as a leader with 168,000 active RPA users, including more than 2,000 enterprise customers with bots in production environments. However, according to Gartner, Blue Prism has been slower than some of its competitors to expand its capabilities into complementary areas, such as low-code application development and API integration. As part of its strategy to support data-driven applications, Tibco Software has expanded its Connect portfolio with updates to integration, API management and messaging. “We offer a single, cohesive platform that supports the adaptability required by digital businesses, helping organisations capitalise on data and insights to make predictions in real time.”
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