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Robotic Process Automation (RPA) market is evolving at a tremendous pace and is expected to grow at a CAGR of 20.3% between 2019 and 2025
The open source solution provider Red Hat has released Red Hat Process Automation that it says will remove the barrier faced by IT developers and business analysts while dealing with the automation.
While the cloud robotics market is expected to touch 21.9 billion by 2024, the cybersecurity seems to be biggest challenge but 5G will make it safer, faster and speedier.
Tech Trends 2019 - Robotics: The adoption of robots in various industries to automate processes has already led to higher efficiency, reduced complexity, human errors and enhanced safety of workers.
Softomotive, a Robotic Process Automation (RPA), announced its Series A financing round of $25 million with Grafton Capital.
NICE said that it has implemented NICE Robotic Process Automation (RPA) solution for SBI Card. This has helped SBI Card in streamlining operations and enhancing customer experience.
Spyce said that the round was led by consumer investors Collaborative Fund and Maveron, with additional participation from existing investor Khosla Ventures.
UST Global has signed a MoU with the University of Oklahoma by and through the Gallogly College of Engineering, Data Science and Analytics MS program.
Blockchain has seen the lowest investor interest as well as the lowest average deal value among all technologies, with a 2.23 investors-to-idea ratio and $12 million respectively in 2017.
The MoU will allow Infinity Labs, an innovation center of UST Global, and CET students to jointly collaborate in technologies like Robotics and Artificial Intelligence (AI).