Berlin’s Bryter raises $66M to take its no-code tools for enterprises to the US

Man and woman on device

No-code startups continue to see a lot of traction. Bryter – an AI-based no-code startup that has built a platforms used by some 100 global enterprises to date across some 2,000 business applications and workflows – is announcing a new round of funding to double down on that opportunity.

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5 common ways companies use RPA to enhance Document Processing

Paper plane

With all the hype around robotic process automation (RPA), it can be helpful to remember that the vast majority of the data running through RPA automations originates or terminates with a document. In fact, I’d estimate that about 80% of RPA automations fall into this category.

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Auditoria raises $15.5M to expand AI platform automating repetitive accounting tasks

Auditoria AI

Auditoria, a startup offering AI-driven automation products for corporate finance teams, today announced that it raised $15.5 million in series A funding. Cofounder and CEO Rohit Gupta says that the proceeds will shore up Auditoria’s investments in data science and the expansion of its sales, marketing, and customer success teams.

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UIPath’s meteoric rise from unknown startup to $35B RPA juggernaut

UIPath trajectory graph

When TechCrunch covered UIPath’s Series A in 2017, it was a small startup out of Romania working in a little known area of enterprise software called robotic process automation (RPA). Then the company took off with increasingly large multi-billion dollar valuations. It progressed through its investment rounds, culminating with a $750 million round on an eye-popping $35 billion valuation last month.

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ServiceNow acquires RPA startup Intellibot to bring automation to legacy systems

ServiceNow

Cloud computing firm ServiceNow today announced it has signed an agreement to acquire Intellibot, a robotic process automation company based in Hyderabad, India, for an undisclosed amount. ServiceNow, which expects to complete the purchase in Q2 2011, says it plans to fold Intellibot’s capabilities natively into its platform, enabling ServiceNow customers to bring AI and machine learning to legacy systems.

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Workplace Automation challenges and the potential negative impact on your business

Wrong way sign

Boston-based global consultancy Bain & Company looked at the forces that were not only forcing workers to stay home — COVID-19 — but also the technology that enabled them to stay at home. Based on survey responses from nearly 800 executives worldwide it found that many companies had no choice but to turn to automation to keep the business running.

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RPA and Cognitive Automation: Deciding the best automation technology

Businesses across the globe are going through rapid digital transformation and automation. Cutting-edge technologies like AI, robotics, and IoT are enabling this transformation by enhancing business efficiency and agility. Robotic Process Automation (RPA) and Cognitive Automation are two components of redefining and automating industry-wide business operations. According to a Statista report, the expenditure on Cognitive Robotic Process Automation is expected to reach about 3.62 billion USD globally at a CAGR of 60.9% from 2017 to 2026.

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Four areas in Healthcare in which RPA can make a difference

Although it may not be one of the first sectors to come to mind when discussing process automation, the healthcare industry is one where RPA, has the ability to make a significant difference. Healthcare is an expanding and growth-oriented industry, especially in emerging or traditionally underprivileged markets, and as the number of patients grows, the need for more effective and reliable back-office procedures for healthcare providers has increased dramatically in recent years. Advanced automation systems for activities such as patient scheduling, payments, and claims processing, among others, are critical to boosting the effectiveness of these processes.

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Incorporating RPA and PM in Hybrid Intelligence: Yay or Nay?

RPA Scaled

A requirement for automating tasks previously performed by humans was reduced through machine learning (ML) and robotic process automation (RPA). Process mining (PM) techniques assist in deciding what should and should not be automated. Surprisingly, most systems function best when human and computer intelligence are combined. As a result, humans connect Hybrid Intelligence (HI) to RPA and PM-based systems integration and automation.

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The Algorithms that make Instacart roll

Instacarts algorithms in action

Instacart crunches petabytes daily to predict what will be on grocery shelves and even how long it will take to find parking. It’s Sunday morning, and, after your socially distanced morning hike, you look at your schedule for the next few days. You need to restock your refrigerator, but the weekend crowds at the supermarket don’t excite you…

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Machine learning speeding up patent classifications at USPTO

US Patent and Trademark Office

Machine learning is helping the U.S. Patent and Trademark Office shorten the time it takes to assign patent applications to examiners, instead of having to redo its entire classification process, according to CIO Jamie Holcombe. USPTO sent its top engineers to Google on the East and West coasts to learn more about ML and TensorFlow application programming interfaces.

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Why process mining is seeing triple-digit growth

Process mining

A rise in technologies like AI and robotic process automation (RPA) has increased demand for process mining tools. And more recently, an enterprise spurt in technology investment to respond to the pandemic has accelerated that demand. Gartner estimated the market for dedicated process mining tools grew between from $110 million in 2018 to $320 million in 2019.

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How RPA and Intelligent Automation contribute to employee success

Group of people standing

Robotic process automation (RPA) is an extremely valuable tool for businesses across the industry spectrum, and this claim is well substantiated. A Deloitte study, for instance, shows that an impressive 86% of companies that have integrated RPA into their processes increased organisational efficiency and productivity. And this is certainly not all.

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RPA startup UiPath raises $750 million

UiPath $750m raise

Robotic process automation (RPA) startup UiPath today announced that it raised $750 million in series F funding, bringing its total raised to nearly $2 billion. It brings the New York-based company’s post-money valuation to $35 billion, up from $3 billion in 2018, and will likely lay the groundwork for strategic acquisitions following UiPath’s purchase of startups StepShot and ProcessGold.

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How RPA could help distribute and track COVID-19 vaccines

The first shipments of Pfizer’s and Moderna’s COVID-19 vaccines arrived at health systems across the U.S. this month, a significant milestone in the fight against a pandemic that has infected and killed millions of people. But vaccine distribution and administration is a major logistical challenge, not least because both vaccines require cold storage. Nevertheless, Operation Warp Speed, the U.S. public-private COVID-19 treatment partnership, optimistically aims to vaccinate tens of millions of people by year’s end.

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How AI is helping with COVID-19 Vaccine rollout and tracking 

AI has been employed since the early days of the COVID-19 pandemic to track the spread of positive cases, to crunch through thousands of scientific papers to search for treatment options and to help develop a vaccine. Now AI and other digital tools are being deployed to manage complex supply chains for the vaccine.

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