#Blue prism stock valuation manual
#Blue prism stock valuation software

Īs of April 2020, the leadership team is made up of chairman and CEO Jason Kingdon and co-founder and CTO David Moss. It included a new AI engine, an updated marketplace for extensions, and a new lab for in-house AI innovation.

In 2019, Blue Prism announced changes to its platform and the issuing of new stock.

#Blue prism stock valuation software

Previously, the software had run on customers' own servers. In June 2017, Blue Prism announced that a new version of its software would run on public clouds such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform. At the time, Blue Prism remained based in Merseyside. In March 2017, a group of shareholders sold stakes in Blue Prism. At the time, it employed 86 people worldwide. On 6 January 2017 Blue Prism announced it would open new offices in Austin, Texas, while remaining based in London. By November 2016, it had offices in Chicago and Miami, as well as the United Kingdom. Customers include O2, Co-operative Bank and Fidelity Investment Management. The company's shares rose 44 percent on the first day of trading on AIM, under CEO Alastair Bathgate. On 18 March 2016, Blue Prism undertook an IPO when the company floated on the London Stock Exchange AIM market with a market capitalisation of £48.5 million. In 2019, Gartner released its 'Magic Quadrant' for RPA, and Blue Prism was one of the leaders in the market. Blue Prism Group PLC UIPath Be Informed B.V. stated that the key companies in the RPA market included: Automation Anywhere, Inc. Īn October 2018 study by Grand View Research, Inc. The independent market research company Forrester Research identified Blue Prism as one of three companies that is considered a leader in the robotic process automation field both in terms of their market presence as well as the quality of their offering in a 2017 study. It has been used to handle the requests generated by the General Data Protection Regulation by Tokio Marine Kiln for back-office transaction framework by the nutrition company, Fonterra, to fix quantity mismatches in planning software SAP and by Milaha for the entry, processing and transfer of data. RPA is a growing industry and is expected to reach $3.11 billion by 2025. Blue Prism has been credited for coining the term 'Robotic Process Automation.' Robotic process automation (RPA) is the application of technology that provides organizations with a digital workforce that follows rule-based business processes and interacts with the organizations' systems in the same way that existing users currently do.

#Blue prism stock valuation manual

Co-operative Financial Services began using Blue Prism software in 2005 to automate manual processes in customer services. In 2005, the second version of Automate was released with features for large scale processing. In 2003, Blue Prism's first commercial product, Automate, was launched. The company was co-founded by Alastair Bathgate and David Moss to provide a new approach that today is known as robotic process automation, or RPA. Initially their focus was on the back office where they recognised an enormous unfulfilled need for automation. History Formation īlue Prism was founded in 2001 by a group of process automation experts to develop technology that could be used to improve the efficiency and effectiveness of organisations. The company was listed on the London Stock Exchange AIM market until its acquisition. īlue Prism's headquarters are at 2 Cinnamon Park Crab Lane Warrington WA2 0XP, UK with regional offices in the U.S. In March 2022, Blue Prism was acquired by SS&C Technologies. Blue Prism is the trading name of the Blue Prism Group plc, a British multinational software corporation that pioneered and makes enterprise robotic process automation (RPA) software that provides a digital workforce designed to automate complex, end-to-end operational activities.