US-headquartered Automation Anywhere has said that it is entering into a strategic partnership with tech giant Microsoft to advance automation in enterprises.
As part of the collaboration, the company said that its enterprise clients will be able to deploy bots from Microsoft's Azure cloud service to help manage large, unstructured data sets, decrease time-to-market and lower operating costs.
"Organisations are seeing the multiple benefits of robotic process automation (RPA) – allowing companies to become more efficient, reducing costs through automation and freeing up employees to focus on what they do best. Our expanded relationship with Microsoft will help more businesses achieve these advantages much faster,” Mihir Shukla, chief executive and co-founder of Automation Anywhere, said.
He added that the partnership, which follows a large investment by Automation Anywhere, was made possible due to the back-end integration of the firm’s RPA platform with Azure.
Organisations can host the RPA platform on Azure, on-premises, in a public or private cloud, to help drive productivity, increase innovation and boost return on investment, Automation Anywhere said in a statement.
Shukla also said that Microsoft will feature Automation Anywhere’s products in its Executive Briefing Centers (EBCs), around the globe. This will allow customers to see hands-on demonstrations of Microsoft products as they are enabled by Automation Anywhere technology, he added.
Last month, in an interview with TechCircle, Milan Sheth, Automation Anywhere’s executive vice-president for India, West Asia and Africa, spoke about the company’s rapid expansion and why the Indian market is unique. He also discussed the company’s vision around building a digital downloadable employee.
In March, the company had unveiled advances in its artificial intelligence solution including the ability to auto-detect and process low-resolution documents in 190 languages.
In a statement, the company had said that IQ Bot 6.5 can learn from humans and process complex emails and images. According to the company, around 80-90% of organisations still manually extract data from documents and emails.
Last year in November, just four and a half months after raising money in one of the largest Series A rounds in the venture capital ecosystem, the company had secured $300 million from new investor Japan’s SoftBank Vision Fund, taking the value of the firm to $2.6 billion.