Nanalyze December 7, 2020
About four years ago, we first came across the concept of robotic process automation (RPA), which originally sounded to us like some marketing hack had repackaged software automation around the hype in artificial intelligence. A couple of years later, the RPA market suddenly exploded. Gartner estimated revenue grew by 63.1% in 2018 to $846 million, making it the fastest-growing segment of the global enterprise software market. We started finding all sorts of startups using AI for automating back-office jobs like invoicing and gossiping. These include well-financed unicorns such as Automation Anywhere and UiPath, which is pushing the idea of hyperautomation to digitize every possible office job. Another RPA startup that just joined the unicorn club this month, an Ohio outfit...
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