Can Robotic Process Automation Help With Mainframe Modernization?

RPA (Robotic Process Automation) has proven to be effective in automating tedious and repetitive processes for traditional IT environments. The ROI (Return on Investment) has generally been quick and the technology can be a stepping stone to other modernization efforts, such as with AI. 

So in light of all this, it is no surprise that the RPA industry has seen substantial growth. Just look at UiPath, which recently came public and has a market capitalization of $32 billion.

Note that the ARR (Annual Recurring Revenues) is running at $653 million, up 64%. The dollar-based net retention rate is 145% and there are over 8,500 customers.

Now when it comes to RPA,

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

Spain’s Factorial raises $80M at a $530M valuation on the back of strong traction for its ‘Workday for SMBs’

Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools...

Dukaan raises $11 million to help merchants in India set up online stores

Dukaan, a one-year-old Bangalore-based startup that enables merchants to set up online stores and sell products digitally, said on Monday it has raised $11...

Mercedes-Benz throws down the EV gauntlet at IAA Mobility

Mercedes-Benz introduced a slew of electric vehicles ahead of the IAA Mobility show in Germany, including its first AMG-branded high-performance EV, a sedan and...