Alastair Bathgate, Co-founder and CEO, Blue Prism

Blue Prism, the UK based Enterprise RPA provider has announced its agreement to acquire Thoughtonomy. The acquisition, expected to close by end of July, will see Blue Prism’s connected-RPA platform distributed and supported as a turnkey SaaS offering, helping accelerate the deployment of digital workers across market verticals and into mid-tier enterprises worldwide.

Thoughtonomy, the London based Enterprise Automation services company has delivered year on year growth of over more than 250 percent over the past three years and has customers spread across four continents. The company’s secure SaaS solution leverages Microsoft Azure, to enable an on-demand virtual workforce and robust intelligent automation platform. This acquisition joins the power of Blue Prism’s connected-RPA platform with Thoughtonomy’s SaaS capabilities, allowing customers to accelerate automation projects more easily to drive improved productivity and customer experiences, without needing to set up a dedicated infrastructure to support their program.

“The acquisition of Thoughtonomy will support a broader strategy to strengthen our portfolio with cloud offerings that deliver value and enhance customer experience,” said Alastair Bathgate, Co-founder and CEO, Blue Prism.

This acquisition gives enterprises a way to access and leverage fully integrated AI technologies such as computer vision, Natural Language Processing (NLP) and machine learning to address a complete range of use cases from back office to front office. Additional features, including ready-to-use channel interfaces such as chatbots and web-forms coupled with Thoughtonomy’s integrated AI-enabled digital workforce manager, IADA, help companies scale their automation strategy at speed.

“We’ve been working with Blue Prism since our foundation in 2013, and we’ve built out our unique SaaS and intelligent automation capabilities to leverage their best in class RPA software,” said Terry Walby, CEO and Founder of Thoughtonomy.

Thoughtonomy’s intellectual property and embedded Marketplace will also extend Blue Prism’s Digital Exchange DX capabilities, an intelligent automation marketplace comprising of customers, technology and channel partners while enhancing the company’s overall push to deliver RPA services with leading cloud services providers such as AWS, Microsoft Azure, Google and IBM. This combination of capabilities will provide enterprises with even greater flexibility for their automation projects offering them the ability to choose between SaaS or dedicated infrastructure.

by Megha Bhattacharya
Market Analyst at IBS Intelligence
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