Blue Prism and TrustPortal
Growing Customer Base for RPA Providers
Blue Prism sees growth from 153 enterprise customers in November 2016 to 1000+ today
More enterprises are realising the benefits and potential of RPA to transform their operations
Leading research groups like Gartner and HfS have forecast huge growth for the RPA sector in the next 5-10 years
Estimates of total market value around $8 Billion by 2025
TrustPortal is partnered and natively integrated with Blue Prism, one of the worlds most successful RPA platforms and named “market leader” in the 2018-19 Ovum Decision Matrix
Why Invest in TrustPortal?
TrustPortal is one of a handful of Blue Prism Technology Alliance Partners, one of the worlds most successful RPA platforms, and adds considerable value to the platform by enabling Humans and Robots to work together to increase productivity and optimise business processes.
This added capability means that Blue Prism's potential across industries can be greatly expanded because more than 50% of End-to-End processes currently involve humans. These processes have traditionally been too complex for RPA to deal with and have therefore limited the use of RPA. Using TrustPortal, Blue Prism customers can quickly and cost effectively digitise their products, services and processes for a fraction of the cost of traditional methods.
August 16, 2018 — "Blue Prism (AIM: PRSM), has announced a significant milestone reaching a total of more than 1,000 organizations using its software, across 42 vertical industries, in 52 countries."
TrustPortal is currently working with a number of top tier financial institutions, national governments and global manufacturers as well as a growing number of delivery partners operating across every continent who are able to deploy and support our product.
TrustPortal is currently entirely funded by its directors and license revenues. Given the huge increase in interest in our platform, we are looking to secure additional funding to support our growth.
Our Series A funding round will launch in Q1 2019 and will be one of the few opportunities to invest in the RPA/Intelligent Automation space.
What Gartner says about RPA Technology
Gartner surveyed 38 of the leading RPA C&SI service providers in the beginning of 2018. Gartner estimates the RPA C&SI service market was approximately $1.5 billion globally in 2017. This market is projected to grow by 50% in 2018, and the growth rate is likely to remain high over the next four years.
As shown in Figure 1, RPA yields quick ROI and business benefits that drive further implementation. Benefits of RPA are summarized below:
Rapid time to value — RPA has quick implementation cycles, typically as low as six to 10 weeks, as opposed to months and years of implementation cycles with other new technologies.
Relatively low cost of acquisition — License fees for RPA software and implementation charges cost a few thousand dollars to start — not millions.
Technology is ubiquitous and unobtrusive — RPA technology works across many heterogeneous systems, and its implementation does not require hard integration with existing technologies. RPA comes with pre-connectors and/or is pre-integrated with all general applications suites (such as SAP, Oracle and Microsoft).
Quick ROI realization — Clients could realize ROI in a matter of eight to 12 weeks, meaning right after the implementation. This could be from FTE hour reductions, turnaround time reductions, production efficiency enhancements, ease and flexibility in process execution, all leading to cost savings, either directly or indirectly.
Gartner estimates that over 10,000 companies have already piloted and/or implemented RPA and are now moving to the next level, expanding use cases across business units and business functions.
"Intelligent automation could add $512 billion to the global revenues of financial services firms by 2020" Capgemini Research Institute
To register an interest in our Series A funding round please use the contact form below.