Automation Anywhere recently acquired AI startup FortressIQ. With the acquisition, the RPA supplier wants to expand its knowledge in the field of process discovery.
With the acquisition, Automation Anywhere will acquire an AI platform that focuses on process discovery. It is a step in the RPA process to determine which business workflows should be automated before deploying RPA bots.
Time reduction for process discovery
FortressIQ’s platform helps simplify the process discovery process. The platform reduces the time required to perform process discovery by 90 percent. As a result, companies see in much less time – from months to weeks – the opportunities that arise for streamlining their business processes.
Virtual Process Analyst platform
FortressIQ’s Virtual Process Analyst platform uses AI to study how employees within companies interact with internal applications. The platform then analyzes this data and provides insight into the business processes of the company in question. These insights then identify the tasks that can be handled more efficiently by RPA bots.