Why SoftBank Invested $300 Million In Robotic Process Automation (RPA)

Robotic Process Automation (or RPA) is one of the hottest areas in the enterprise technology sector these days, reaching $1.3 billion this year, says Gartner.

According to the market research firm, RPA software revenue grew 63.1% in 2018 to $846 million, making it the fastest-growing segment of the global enterprise software market, with the top-five RPA vendors (UiPath, Automation Anywhere, Blue Prism, NICE, Pegasystems) controlling 47% of the market. Read more…

Softbank has bet $300 million, with more to come, that robotic process automation (RPA) will be what brings artificial intelligence (AI) in the enterprise. (Photo by Tomohiro Ohsumi)

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